Wisconsin · Nonprofit
THRIVE ECONOMIC DEVELOPMENT INC
THRIVE ECONOMIC DEVELOPMENT INC (Wisconsin) receives grants from 7 organizations whose IRS filings report $451,388 to it, the largest being FORT HEALTHCARE INC ($215,000). 5 of them have funded it in more than one year.
- Revenue FY2025
- $214k
- Funders on record
- 7
- Grants received
- $451k
- Net assets
- $290k
What Thrive Economic Development Inc does
Mission
Thriveed will engage the public and private sectors in actions focused on attracting and supporting business growth that benefits the residents and communities in the greater jefferson county area.
As stated on its FY2025 Form 990.
Program
During 2025, the organization continued to advance economic development initiatives throughout jefferson county by supporting the growth of the food and beverage manufacturing sector, completing the full build-out of the food & beverage innovation campus, and facilitating significant investment from both international and established local employers. The organization also approved its first project through the live local development fund, supported new housing developments across the county, and enhanced infrastructure readiness to accommodate future growth. These efforts increased statewide and regional recognition of jefferson county's economic development work while reinforcing the critical connection between housing, workforce development, tax base expansion, and the long-term vitality of local communities.
$187,602 spent$4,849 earned by the program100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $187,602.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $203k to $286k (+41%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
98% of THRIVE ECONOMIC DEVELOPMENT INC’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Kevin Kaufman
Chairperson
As listed on its FY2025 Form 990.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $43k → $61k.
2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THRIVE ECONOMIC DEVELOPMENT INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THRIVE ECONOMIC DEVELOPMENT INC leans on a few funders — its largest provides 48% of grant income and the top three 92%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THRIVE ECONOMIC DEVELOPMENT INC.
Largest funder’s share by year: 2018 100% · 2019 57% · 2020 57% · 2021 67% · 2022 76% · 2023 57% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
98% of THRIVE ECONOMIC DEVELOPMENT INC's grant income comes from Wisconsin funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $5k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THRIVE ECONOMIC DEVELOPMENT INC holds deeper cash reserves than three-quarters of the 7,175 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025
Organizations like THRIVE ECONOMIC DEVELOPMENT INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Wisconsin
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
89% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for THRIVE ECONOMIC DEVELOPMENT INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THRIVE ECONOMIC DEVELOPMENT INC?
- THRIVE ECONOMIC DEVELOPMENT INC (Wisconsin) receives grants from 7 organizations whose IRS filings report $451,388 to it, the largest being FORT HEALTHCARE INC ($215,000). 5 of them have funded it in more than one year.
- How many funders does THRIVE ECONOMIC DEVELOPMENT INC have?
- IRS filings report 7 organizations giving $451,388 in grants to THRIVE ECONOMIC DEVELOPMENT INC, 5 of which have funded it in more than one year.
- Who is the largest funder of THRIVE ECONOMIC DEVELOPMENT INC?
- FORT HEALTHCARE INC is the largest funder on record, with $215,000 in grants. The full list of funders is on this page.
- How can an organization like THRIVE ECONOMIC DEVELOPMENT INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Thrive Economic Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing