Nonprofit · EIN 87-1110868
THRIVE ASHEVILLE INC
Tax-exempt · ASHEVILLE, NC 28806
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $655,879 | $550,400 | $105,479 | $310,017 | $4,393 | $305,624 |
| June 30, 2024 | 990 | $373,428 | $495,187 | -$121,759 | $209,152 | $9,007 | $200,145 |
| June 30, 2023 | 990 | $505,309 | $323,874 | $181,435 | $335,036 | $13,132 | $321,904 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $655,879
- of which government grants
- $177,782
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $10,000
- Compensation of officers, directors and key employees
- $120,538
- Other salaries and wages
- $114,455
- Salaries, compensation and benefits (total)
- $283,767
- Professional fundraising fees
- $0
- Accounting fees
- $22,083
- Occupancy
- $51,776
- Travel
- $2,181
- Depreciation
- $769
- Program services (functional)
- $469,842
- Management and general (functional)
- $41,045
- Fundraising (functional)
- $39,513
Balance sheet and other
- Total assets, start of year
- $209,152
- Total assets, end of year
- $310,017
- Total liabilities, end of year
- $4,393
- Net assets, end of year
- $305,624
- Land, buildings and equipment
- $1,836
- Net assets without donor restrictions
- $264,796
- Net assets with donor restrictions
- $40,828
- Gross receipts
- $655,879
- Employees
- 6
- Volunteers
- 14
- Year formed
- 2021
- State of legal domicile
- NC
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT ALLEN | BOARD MEMBER Trustee or director | 1 | $0 |
| LARRY CROSBY | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID FEINGOLD | BOARD MEMBER Trustee or director | 1 | $0 |
| PATRICK FITZSIMMONS | BOARD MEMBER Trustee or director | 1 | $0 |
| GEORGE GLACKIN | BOARD MEMBER Trustee or director | 1 | $0 |
| LISA-GAYE HALL | BOARD MEMBER Trustee or director | 1 | $0 |
| KIM MCGUIRE | CHAIR Trustee or director, Officer | 1 | $0 |
| PETE PEREZ | BOARD MEMBER Trustee or director | 1 | $0 |
| JUSTICE ROGERS | BOARD MEMBER Trustee or director | 1 | $0 |
| MISSY SHERBURNE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT ALLEN | BOARD MEMBER Trustee or director | 1 | $0 |
| LIZ BUTTON | BOARD MEMBER Trustee or director | 1 | $0 |
| FRANK CASTELBLANCO | BOARD MEMBER Trustee or director | 1 | $0 |
| LARRY CROSBY | BOARD MEMBER Trustee or director | 1 | $0 |
| TIFFANY DEBELLOTT | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID FEINGOLD | BOARD MEMBER Trustee or director | 1 | $0 |
| GEORGE GLACKIN | BOARD MEMBER Trustee or director | 1 | $0 |
| J HACKETT | BOARD MEMBER Trustee or director | 1 | $0 |
| HOLLY JONES | BOARD MEMBER Trustee or director | 1 | $0 |
| KIM MCGUIRE | CHAIR Trustee or director, Officer | 1 | $0 |
| PETE PEREZ | BOARD MEMBER Trustee or director | 1 | $0 |
| JAY RICHARDSON | BOARD MEMBER Trustee or director | 1 | $0 |
| MISSY SHERBURNE | BOARD MEMBER Trustee or director | 1 | $0 |
| ADRIAN VASSALLO | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT ALLEN | BOARD MEMBER Trustee or director | 1 | $0 |
| LIZ BUTTON | BOARD MEMBER Trustee or director | 1 | $0 |
| FRANK CASTELBLANCO | BOARD MEMBER Trustee or director | 1 | $0 |
| LARRY CROSBY | BOARD MEMBER Trustee or director | 1 | $0 |
| TIFFANY DEBELLOTT | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID FEINGOLD | BOARD MEMBER Trustee or director | 1 | $0 |
| GEORGE GLACKIN | BOARD MEMBER Trustee or director | 1 | $0 |
| J HACKETT | BOARD MEMBER Trustee or director | 1 | $0 |
| HOLLY JONES | BOARD MEMBER Trustee or director | 1 | $0 |
| KIM MCGUIRE | CHAIR Trustee or director, Officer | 1 | $0 |
| BRENDA MILLS | BOARD MEMBER Trustee or director | 1 | $0 |
| PETE PEREZ | BOARD MEMBER Trustee or director | 1 | $0 |
| JAY RICHARDSON | BOARD MEMBER Trustee or director | 1 | $0 |
| MISSY SHERBURNE | BOARD MEMBER Trustee or director | 1 | $0 |
| ADRIAN VASSALLO | TREASURER Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 15 WESTGATE RD, ASHEVILLE, NC 28806-3022
- In care of
- % KIMBERLY J MCGUIRE
- Principal officer (990 for 2024)
- LEAH FERGUSON, 34 OAKWOOD STREET, ASHEVILLE, NC 28806
- Signed the 990
- LEAH FERGUSON, EXECUTIVE DIRECTOR
- Phone
- (828) 275-2289
- Website
- WWW.THRIVEAVL.ORG
- Return prepared by
- LEAH B NOEL CPA PC
Mission
THRIVE ASHEVILLE'S MISSION IS TO COLLABORATE WITH LOCAL RESIDENTS AND LEADERS FROM DIVERSE PERSPECTIVES TO UNDERSTAND OUR CITY'S CHALLENGES, FORGE NEW RELATIONSHIPS, AND ACT ON THE BEST SOLUTIONS TOGETHER.
Program accomplishments
- LANDLORD-TENANT PARTNERSHIP PROGRAM - MATCHES POTENTIAL LANDLORDS WITH TENANTS WHO WANT TO MOVE FROM SUBSIDIZED HOUSING TO PRIVATE RENTALS USING HOUSING CHOICE VOUCHERS.Expenses $181,675
- LESSONS RECOVERY FACILITATES A COHORT OF 30+ DIVERSE COMMUNITY LEADERS IN A TWO-YEAR PROGRAM TO STUDY AND ANALYZE A COMMUNITY ISSUE TOGETHER, THEN FACILITATE ACTIONABLE SOLUTIONS.Expenses $27,493
- THE BUNCOMBE RENTAL ASSISTANCE COLLABORATIVE (BRAC) IS COMPOSED OF FIVE HOUSING AGENCIES WORKING TOGETHER TO INCREASE THE ACCEPTANCE OF FEDERAL RENTAL ASSISTANCE IN BUNCOMBE COUNTY, SO THAT VULNERABLE GROUPS CAN ACCESS AFFORDABLE HOUSING. THRIVE ORGANIZES, COORDINATES AND LEADS ALL BRAC PARTNERS TOWARD SUCCESSFUL COLLABORATION AND OUTCOMES.Expenses $250,674
- SUPPORT LOCAL AND COMMUNITY PROJECTS IN GENERAL.Expenses $10,000 · grants $10,000
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 87-1110868
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $310,017
- Income (IRS master file)
- $655,879
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $655,879 | $550,400 | $310,017 | XML |
| 990 | June 2024 | $373,428 | $495,187 | $209,152 | XML |
| 990 | June 2023 | $505,309 | $323,874 | $335,036 | XML |
| 990 | June 2022 | – | – | – | 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 87-1110868).
Questions about THRIVE ASHEVILLE INC
- What is the EIN of THRIVE ASHEVILLE INC?
- The employer identification number (EIN) of THRIVE ASHEVILLE INC is 87-1110868.
- Is THRIVE ASHEVILLE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to THRIVE ASHEVILLE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THRIVE ASHEVILLE 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 ASHEVILLE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THRIVE ASHEVILLE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THRIVE ASHEVILLE INC?
- The 990 for the year ended June 30, 2025 names LEAH FERGUSON.
- Who are the officers and directors of THRIVE ASHEVILLE INC?
- The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does THRIVE ASHEVILLE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $655,879, expenses of $550,400 and total assets of $310,017 at year end.
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All nonprofits in ASHEVILLE · North Carolina · Community improvement and capacity building