Nonprofit · EIN 84-4724382
THRIVE ACADEMY ATLANTA INC
Tax-exempt (reinstated) · ATLANTA, GA 30318
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $921,198 | $627,199 | $293,999 | $822,954 | $135,139 | $687,815 |
| December 31, 2023 | 990 | $799,210 | $550,222 | $248,988 | $393,816 | $0 | $393,816 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $921,198
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $98,250
- Other salaries and wages
- $229,972
- Salaries, compensation and benefits (total)
- $342,676
- Professional fundraising fees
- $0
- Accounting fees
- $9,147
- Occupancy
- $83,737
- Travel
- $37,427
- Program services (functional)
- $553,790
- Management and general (functional)
- $50,216
- Fundraising (functional)
- $16,838
Balance sheet and other
- Total assets, start of year
- $393,816
- Total assets, end of year
- $822,954
- Total liabilities, end of year
- $135,139
- Net assets, end of year
- $687,815
- Land, buildings and equipment
- $631,995
- Net assets without donor restrictions
- $687,815
- Gross receipts
- $921,198
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2020
- State of legal domicile
- GA
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 |
|---|---|---|---|
| Stacy Hammond McEver | President Highest-paid employee | 50 | $98,250 |
| Larry Corker | Board Chair Trustee or director | 1 | $0 |
| Jeff Upshaw | Board Member Trustee or director | 0 | $0 |
| Robert Thrasher | Board Member Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stacy Hammond McEver | President Highest-paid employee | 50 | $78,666 |
| Larry Corker | Board Chair Trustee or director | 1 | $0 |
| Jeff Upshaw | Board Member Trustee or director | 0 | $0 |
| Robert Thrasher | Board Member Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 543 WOODLAWN AVE NW, ATLANTA, GA 30318-8131
- In care of
- % HAMMOND MCEVER
- Principal officer (990 for 2024)
- Hammond McEver, 2182 Mack Drive, Atlanta, GA 30318
- Signed the 990
- Stacy Hammond McEver, President
- Phone
- (404) 422-0692
- Website
- www.thriveacademyatl.com
Mission
Thrive Academy is a private Christian school using education as a platform to reach, disciple, and empower students facing systemic injustice, childhood trauma, and poverty. With student housing, engaging curriculum, and intentional staff-student relationships, students at Thrive are becoming thriving Christian leaders through education and experiencing the heart of God.
Program accomplishments
- Educational Service Program Expenses - These expenses include the following Salaries and Wages - The Director is paid a salary and outside contractors are brought in each day to teach classes during the week. Rent/Utility/Occupancy - monthly rent paid for the use of the school property and utilities cost Food expense-Thrive Academy contracts with a food service that feeds the students breakfast and lunch Transportation - Thrive pays a contractor to pick up and take home students each day from school. Office Expenses office expenses include school supplies, computer and Coppier costs, and cleaning supplies. 27 Students were enrolled in the school this year. There was a mix of new and returning students 4 new students received Dystexia diagnosis and made remarkable progress in reading Thrive Academy follows the Georgia Education Requirements and the students received instruction in Math-English-Science-Social Studies -Physical Education and Bible Students participated in weekly trauma groups and progressed in their emotional wellness and health Thrive Academy had a baseball team for the first time this year and competed in a local FCA league which is also a non-profit.Expenses $398,508
- Student Housing Rent, Utilities, Pay, FoodThrive Academy funded two separate student houses. Thrive Academy paid for rent and utilities for each house and contracted with a boys house leader and a girls house leader for the student housing. Each of these leaders ran their own unique program with the students and were not under the direct oversight of the Thrive director. Each house leader had at least four students in the student housing with them and the students showed remarkable spiritual and emotional progress and character development which was observable when the students came to school and participated in their classes. Students in the student housing showed increased social, emotional and academic development compared to their peers.Expenses $157,980
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
- 84-4724382
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B25)
- Assets (IRS master file)
- $822,954
- Income (IRS master file)
- $921,198
Revocation and reinstatement
- Exemption revoked
- May 15, 2023
- Posted by the IRS
- August 14, 2023
- Reinstated
- Effective May 15, 2023
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $921,198 | $627,199 | $822,954 | XML |
| 990 | December 2023 | $799,210 | $550,222 | $393,816 | XML |
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 84-4724382).
Questions about THRIVE ACADEMY ATLANTA INC
- What is the EIN of THRIVE ACADEMY ATLANTA INC?
- The employer identification number (EIN) of THRIVE ACADEMY ATLANTA INC is 84-4724382.
- Is THRIVE ACADEMY ATLANTA INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
- Are donations to THRIVE ACADEMY ATLANTA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THRIVE ACADEMY ATLANTA 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 ACADEMY ATLANTA 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 ACADEMY ATLANTA 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 ACADEMY ATLANTA INC?
- The 990 for the year ended December 31, 2024 names Hammond McEver.
- Who are the officers and directors of THRIVE ACADEMY ATLANTA INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $98,250 (Stacy Hammond McEver, President).
- How much revenue does THRIVE ACADEMY ATLANTA INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $921,198, expenses of $627,199 and total assets of $822,954 at year end.
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