Thrive Ministries Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
FAITH-BASED EDUCATION AND CARE OF CHILDREN
- Income
- $3.0 million
- Spending
- $3.1 million
- Spent on programs
- 92%
- Reserves
- -14.4 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 95
- Volunteers
- 3
- Highest pay
- $70,426, executive administrator
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 31 out of 100. Higher than 7% of charities in its peer group (education, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 84% of what it owns.
Living within its means
4 of 15Spending exceeded income by 7% of income.
Income trend
10 of 15Income fell 0% on the year before.
Spending floor
15 of 1592% of spending went to programs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 78 out of 100. Higher than 36% of charities in its peer group (education, $1m to $10m).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $2.9 million spent. THRIVE MINISTRIES, INC. DBA THRIVE CHILDCARE PROVIDES FAITH-BASED CHILDCARE AND EARLY EDUCATION SERVICES TO FAMILIES IN OREGON, OH, PERRYSBURG, OH, AND SURROUNDING COMMUNITIES. WE SERVE CHILDREN AGES 6 WEEKS TO 13 YEARS, CARING FOR MORE THAN 250 CHILDREN MONTHLY AND EMPLOYING OVER 70 STAFF MEMBERS. OUR PROGRAMS OFFER A LOVING, NURTURING ENVIRONMENT THAT SUPPORTS EACH CHILD'S SPIRITUAL, COGNITIVE, PHYSICAL, EMOTIONAL, AND SOCIAL GROWTH. IN ADDITION TO DAILY CARE, WE PROVIDE ENGAGING SCHOOL AGE PROGRAMS DURING THE ACADEMIC YEAR, OUR CAMP THRIVE SUMMER PROGRAM, AND FAMILY-FOCUSED RESOURCES SUCH AS FAMILY FUN NIGHTS, EDUCATIONAL SEMINARS, AND CLASSES FOR PARENTS AND STAFF.BOTH THRIVE CHILDCARE LOCATIONS WERE THE FIRST IN LUCAS AND WOOD COUNTIES TO RECEIVE ENDORSEMENT FROM THE OHIO HEALTHY PROGRAM (OHP), WHICH PROMOTES HEALTHY EATING, PHYSICAL ACTIVITY, AND REDUCED SCREEN TIME TO HELP PREVENT CHILDHOOD OBESITY AND RELATED HEALTH RISKS. PARTICIPATION IS VOLUNTARY AND ENCOURAGES ACTIVE INVOLVEMENT FROM STAFF AND FAMILIES IN ESTABLISHING HEALTHY HABITS AND POLICIES.OUR CENTERS ARE GOLD RATED THROUGH STEP UP TO QUALITY (SUTQ), MEETING OR EXCEEDING PROGRAM STANDARDS SET BY THE OHIO DEPARTMENT OF EDUCATION AND THE OHIO DEPARTMENT OF JOB AND FAMILY SERVICES. THESE STANDARDS ARE GROUNDED IN NATIONAL RESEARCH DEMONSTRATING IMPROVED OUTCOMES FOR CHILDREN.ADDITIONALLY, BOTH CENTERS ARE ACCREDITED BY THE ASSOCIATION OF CHRISTIAN SCHOOLS INTERNATIONAL (ACSI), A RIGOROUS, VOLUNTARY PROCESS INVOLVING ORGANIZATIONAL SELF-STUDY, COMMUNITY ENGAGEMENT, AND CONTINUOUS IMPROVEMENT TO EXCEED LOCAL, STATE, AND NATIONAL STANDARDS. ACSI ACCREDITATION AFFIRMS OUR COMMITMENT TO EDUCATIONAL EXCELLENCE BASED ON A CHRISTIAN PHILOSOPHY, ALIGNS WITH NATIONAL RESEARCH-BASED STANDARDS, AND PROVIDES FAMILIES CONFIDENCE IN THE QUALITY AND MISSION ALIGNMENT OF OUR PROGRAMS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2016.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.