Nonprofit · EIN 22-2511699
THRIVE FOUNDATION INC
Tax-exempt · WATERTOWN, NY 13601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $128,280 | $117,571 | $10,709 | $1,431,158 | $132,281 | $1,298,877 |
| December 31, 2023 | 990 | $143,961 | $83,497 | $60,464 | $1,352,717 | $137,720 | $1,214,997 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $84,366
- Program service revenue
- $0
- Investment income
- $37,493
- Net rental income
- $18,000
- Net gain from sales of assets
- $12,216
- Net income from fundraising events
- -$11,579
- Other revenue
- $6,421
Expenses
- Grants and similar amounts paid
- $4,500
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,500
- Depreciation
- $8,687
- Program services (functional)
- $90,376
- Management and general (functional)
- $27,195
Balance sheet and other
- Total assets, start of year
- $1,352,717
- Total assets, end of year
- $1,431,158
- Total liabilities, end of year
- $132,281
- Net assets, end of year
- $1,298,877
- Land, buildings and equipment
- $225,676
- Publicly traded securities
- $964,937
- Net assets without donor restrictions
- $1,145,830
- Net assets with donor restrictions
- $153,047
- Gross receipts
- $491,435
- Employees
- 0
- Volunteers
- 30
- Year formed
- 2000
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHELLE CAPONE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| PAUL DIFABION | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| ALLISON ROSELLE | TREASURER Trustee or director, Officer | 1 | $0 |
| SAM CAVALLARIO | SECRETARY Trustee or director, Officer | 1 | $0 |
| CLIFFORD BROWN | DIRECTOR Trustee or director | 1 | $0 |
| SHERRY WILSON | DIRECTOR Trustee or director | 1 | $0 |
| STACY SPAZIANI | DIRECTOR Trustee or director | 1 | $0 |
| DEBORAH ALVARADO | DIRECTOR Trustee or director | 1 | $0 |
| TERRY WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| MARC PICHE | DIRECTOR Trustee or director | 1 | $0 |
| KATHRYN HARRIENGER | DIRECTOR Trustee or director | 1 | $0 |
| JOHN LEHMAN | DIRECTOR Trustee or director | 1 | $0 |
| MELISSA SHOVA | DIRECTOR Trustee or director | 1 | $0 |
| JERRY ROSE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERRY WILLIAMS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| PAUL DIFABION | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| SHANE SIMSER | TREASURER Trustee or director, Officer | 1 | $0 |
| ALLISON ROSELLE | SECRETARY Trustee or director, Officer | 1 | $0 |
| CLIFFORD BROWN | DIRECTOR Trustee or director | 1 | $0 |
| JULIE SAWYER | DIRECTOR Trustee or director | 1 | $0 |
| SAM CAVALLARIO | DIRECTOR Trustee or director | 1 | $0 |
| SHERRY WILSON | DIRECTOR Trustee or director | 1 | $0 |
| STACY SPAZIANI | DIRECTOR Trustee or director | 1 | $0 |
| JEN CROSS-HODGE | DIRECTOR Trustee or director | 1 | $0 |
| DEBORAH ALVARADO | DIRECTOR Trustee or director | 1 | $0 |
| MICHELLE CAPONE | DIRECTOR Trustee or director | 1 | $0 |
| LEON SCHILLING | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 482 BLACK RIVER PKWY, WATERTOWN, NY 13601-2416
- Principal officer (990 for 2024)
- MICHELLE CAPONE, 482 BLACK RIVER PARKWAY, WATERTOWN, NY 13601
- Signed the 990
- MICHELLE CAPONE, PRESIDENT
- Phone
- (315) 782-3476
- Return prepared by
- BONADIO & CO LLP
Mission
TO RAISE FUNDS AND HOLD AND ACQUIRE PROPERTY AND EQUIPMENT FOR THE BENEFIT FOR CREDO COMMUNITY CENTER FOR THE TREATMENT OF ADDICTIONS, INC.
Program accomplishments
- TO RAISE FUNDS AND HOLD AND ACQUIRE PROPERTY AND EQUIPMENT FOR THE BENEFIT FOR CREDO COMMUNITY CENTER FOR THE TREATMENT OF ADDICTIONS, INC.Expenses $90,376 · grants $4,500
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2511699
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70)
- Assets (IRS master file)
- $1,431,158
- Income (IRS master file)
- $491,435
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $128,280 | $117,571 | $1,431,158 | XML |
| 990 | December 2023 | $143,961 | $83,497 | $1,352,717 | XML |
| 990 | December 2022 | $84,784 | $108,629 | $1,236,324 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2511699).
Questions about THRIVE FOUNDATION INC
- What is the EIN of THRIVE FOUNDATION INC?
- The employer identification number (EIN) of THRIVE FOUNDATION INC is 22-2511699.
- Is THRIVE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to THRIVE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THRIVE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THRIVE FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THRIVE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THRIVE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names MICHELLE CAPONE.
- Who are the officers and directors of THRIVE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
- How much revenue does THRIVE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $128,280, expenses of $117,571 and total assets of $1,431,158 at year end.
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