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Thrive Scholars

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 455619310 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is Thrive Scholars?

Thrive Scholars is a Boston-based nonprofit organization dedicated to supporting high-achieving, underrepresented students from economically disadvantaged communities in gaining admission to and graduating from top colleges. With a team of 254 employees, Thrive Scholars has achieved remarkable results, helping 92% of their scholars attend a top 100 college, and over 40% attend an Ivy League+ school. An impressive 98% of Thrive Scholars graduated from college within six years, with an average GPA of 3.42 upon graduation. Thrive Scholars' signature Summer Academy, a 6-week academic program, equips first-generation students with the necessary skills to navigate the college experience and succeed in rigorous academic programs, leading to increased GPAs, improved persistence in STEM majors, and increased graduation rates.


Official website here: www.thrivescholars.org

Is Thrive Scholars legitimate?

Thrive Scholars is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thrive Scholars submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,242,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,985,098

For more financial information, click here


Official website here: www.thrivescholars.org

What is the mission statement of Thrive Scholars?

Thrive Scholars is a program dedicated to helping underrepresented, high-achieving students from economically disadvantaged backgrounds gain admission into and successfully graduate from top colleges. Their mission is to equip these students with the tools they need to reach their full career potential. Thrive Scholars has seen remarkable results, with 92% of their scholars attending a top 100 college and 98% graduating within six years. The average GPA of Thrive Scholars upon graduation is 3.42, and 75% of those pursuing STEM degrees persisted and graduated with a STEM degree. The program's first-year college scholars finished their freshman year with an average GPA of 3.4. Thrive Scholars' scholars outperform the general population at top 100 colleges, making them 10% more likely to graduate than their more privileged peers and 25% more likely to persist in difficult STEM majors. A significant factor contributing to their success is Thrive Scholars' signature Summer Academy, a rigorous six-week academic program designed to demystify the college experience and prepare first-generation students for the challenges of higher education.


Official website here: www.thrivescholars.org

Who is the CEO of Thrive Scholars?

Ana Archibald is the Ceo of Thrive Scholars. The CEO's salary of Thrive Scholars is $359,264 and their total compensation is $376,859.


Official website here: www.thrivescholars.org

What is the revenue of Thrive Scholars?

Thrive Scholars's revenue in 2022 was $11,903,031.


Official website here: www.thrivescholars.org

Who are the executives of Thrive Scholars and what are their salaries?

The average compensation at Thrive Scholars during 2022 was $24,517. There are 254 employees and 483 volunteers at Thrive Scholars.

Here are 27 key members and their salaries (Thrive Scholars's CEO's salary is $359,264 and their total compensation is $376,859):

    Steve Stein (Ceo)
  • Compensation: $359,264
  • Related: $0
  • Other: $17,595

    • Karen Williams (Chief Program & Strategy Officer)
  • Compensation: $212,376
  • Related: $0
  • Other: $16,638

    • Tal Gilad (Cao)
  • Compensation: $209,868
  • Related: $0
  • Other: $11,987

    • Ana Archibald (Coo)
  • Compensation: $211,666
  • Related: $0
  • Other: $9,097

    • Daniel Navisky (East Coast Ed)
  • Compensation: $136,405
  • Related: $0
  • Other: $18,603

    • Kylia Kummer (Ed Chicago)
  • Compensation: $121,135
  • Related: $0
  • Other: $13,171

    • Martha Sanchez (Ed Los Angeles)
  • Compensation: $128,500
  • Related: $0
  • Other: $5,571

    • Dallas Pride (Managing Director Of Career Development)
  • Compensation: $117,860
  • Related: $0
  • Other: $11,295

    • Nathaniel Marsh (Senior Director Of Business Intelligence)
  • Compensation: $112,609
  • Related: $0
  • Other: $11,243

    • Ava Archibald (Chief Equity And Inclusion Officer)
  • Compensation: $76,463
  • Related: $0
  • Other: $5,595

    • Martin Jacobs (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Callum Henderson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russell Stein (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tiffanie Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Funari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pedro Gomez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vanessa Gonzalez-Lopez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joan Herman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Hess (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evelyn Hou (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pat Kirby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Lenihan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Logan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim London (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trisha London (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Perez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Renita Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thrivescholars.org

    Where can I find the form 990 for Thrive Scholars?

    The Thrive Scholars’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thrivescholars.org

    Learn more at the official website: www.thrivescholars.org

    Mission Statement of Thrive Scholars

    Thrive Scholars, a mission-driven organization, strives to help high-achieving, underrepresented students from economically disadvantaged communities gain admission to and graduate from top colleges, equipped to reach their full career potential. By focusing on this demographic, Thrive Scholars aims to bridge the gap between privilege and opportunity.

    Thrive Scholars has achieved remarkable results in supporting scholars on their academic journey. A substantial 92% of Thrive Scholars attend a top 100 college, with over 40% enrolling in Ivy League+ institutions. These schools include the Ivy League, Stanford, MIT, the University of Chicago, and Duke. An impressive 98% of Thrive Scholars graduated from college within six years, boasting an average GPA of 3.42 upon graduation. Among STEM scholars, 75% persisted and graduated with a STEM degree, while first-year college scholars ended their freshman year with an average GPA of 3.4.

    Thrive Scholars' scholars not only outperform their peers at top 100 colleges but also defy statistics, with a 10% higher graduation rate and a 25% higher persistence rate in challenging STEM majors compared to their more privileged peers. This success can largely be attributed to Thrive Scholars' signature Summer Academy, a rigorous six-week academic program designed to demystify the college experience and acclimate first-generation students to the demands of higher education. Since its inception, the Summer Academy has yielded significant improvements: scholars' GPAs rose from 2.9 to 3.4, STEM persistence increased from 20% to 75%, and 6-year graduation rates soared from 90% to 98%.

    Impact

    This information is meant to be a general summary of Thrive Scholars. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Thrive Scholars has achieved tremendous results in supporting scholars to enroll in top colleges, earn great grades, and graduate career-ready. Our latest results show that 92% of Thrive Scholars are attending a top 100 college, over 40% are going to an Ivy League+ school (defined as the Ivy League plus Stanford, MIT, the University of Chicago, and Duke), and 98% graduated from college within six years. Our scholars have an average GPA of 3.42 upon college graduation; 75% of STEM scholars persisted and graduated with a STEM degree, and our first-year college scholars finished their freshman year with an average GPA of 3.4. Our scholars are outperforming the general population at top 100 colleges, not just similar high-achieving, economically disadvantaged, first-generation students of color. They are 10% more likely to graduate than their more privileged peers and 25% more likely to persist in difficult STEM majors.

    We attribute this success largely to our signature Summer Academy, a robust 6-week academic program designed to demystify the college experience and expose first-generation students to the rigors of college. Since its inception, results have been overwhelming: our scholars' GPAs increased from 2.9 to 3.4, STEM persistence rose from 20% to 75%, and 6-year graduation rates increased from 90% to 98%.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,351
  • Program Service Revenue: $0
  • Gross Receipts: $11,903,041

    • Assets and Liabilities:
  • Total Assets: $11,146,876
  • Total Liabilities: $2,595,462
  • Net Assets: $8,551,414
  • Organization Details

    Founding Year

    2014

    Principal Officer

    Ana Archibald

    Main Address

    75 FEDERAL STREET SUITE 1250, BOSTON, MA, 02110

    NTEE Category

    Code: B82 - Education

    If you are a representative of Thrive Scholars and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.