Thrive Community Enrichment & Development Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The specific purpose for which Thrive Community Enrichment & Development Corporation is organized is to establish and operate a Kindergarten thru 12th Grade public charter school (Elite Academy, hereafter referred to as EA), and to be a community development center serving our local community by engaging in a broad range of strategies that promote community health and development and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with Section 501(c)(3) of the Internal Revenue Code. Since the organization's inception, we have been approved to receive a Charter from the Louisiana Department of Education. We are in the pre-opening stages of Elite Academy, which will launch its inaugural year in August 2026, opening with Kindergarten thru 2nd Grade (and adding a grade each year).
- Income
- $0
- Spending
- $0
- Employees
- 0
- Volunteers
- 30
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 88 out of 100. Higher than 78% of charities in its peer group (environment, under $250k).
Independent board
25 of 257 of 7 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
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, 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 (3)
- After submitting a comprehensive charter school application, Thrive Community Enrichment & Development Corporation officially received the charter approval from the BESE Board (Board for Elementary and Secondary Education) of the Louisiana Department of Education to operate a charter system (district) under the name of Elite Academy. We are now in the pre-opening phase of the launch of our first school, Elite Academy. Elite Academy is located in Lake Charles, LA and will open in August 2026. Federal & State requirements include changing our accounting period to a fiscal year (July 1st thru June 30th) to align with government funding schedules and academic calendars.
- Through Elite Academy, our organization has begun curriculum development projects which are coordinated by the school's leadership team. Thrive Community EDC also has plans to provide vocational counseling for Southwest Louisiana residents in the near future.
- Tutoring is a part of Elite Academy's Academic Plan (to be implemented during the EA academic school year). Additionally, we have plans to provide tutoring (in a broader context) to the community at large.
Source: Form 990 for the year ending June 30, 2025, 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 October 13, 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? Worth knowing.
The IRS does not require this organization to file annual returns.
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 July 2020.
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 October 21, 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.