Sioux Falls Thrive Inc

Making sure children succeed, from cradle to career.

aka Sloux Falls Thrive, a.k.a. "Thrive"   |   SIOUX FALLS, SD   |

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GuideStar Charity Check

Sioux Falls Thrive Inc

EIN: 81-4491870


Sioux Falls Thrive is identified as a proven collaborator in finding sustainable solutions that ensure Sioux Falls children succeed.

Ruling year info



Michelle Erpenbach

Main address

2104 S. Summit Avenue, #237


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Subject area info


Public affairs

Unknown or not classified

Population served info

Children and youth

NTEE code info

Public, Society Benefit - Multipurpose and Other N.E.C. (W99)

IRS subsection

501(c)(4) Civic Leagues and Social Welfare Organizations

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms


What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Obstacles to Student Success

Thrive identifies and provides comprehensive research on obstacles to student success, disseminating that information to the public.

Population(s) Served
Children and youth

Where we work

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We act on the feedback we receive, We share the feedback we received with the people we serve, We tell the people who gave us feedback how we acted on their feedback

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback, The people we serve tell us they find data collection burdensome, It is difficult to find the ongoing funding to support feedback collection, Staff find it hard to prioritize feedback collection and review due to lack of time


Sioux Falls Thrive Inc
Fiscal year: Oct 01 - Sep 30
Financial documents
2023 Sioux Falls Thrive
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990


Average of -38.56 over 6 years

Months of cash in 2022 info

SOURCE: IRS Form 990


Average of 3.2 over 6 years

Fringe rate in 2022 info

SOURCE: IRS Form 990


Average of 3% over 6 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Sioux Falls Thrive Inc

Revenue & expenses

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Sioux Falls Thrive Inc

Balance sheet

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Sioux Falls Thrive Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

This snapshot of Sioux Falls Thrive Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2017 2018 2019 2021 2022
Unrestricted surplus (deficit) before depreciation $134,198 -$96,921 $40,626 $86,985 $6,740
As % of expenses 65.9% -34.3% 16.2% 24.4% 2.0%
Unrestricted surplus (deficit) after depreciation $134,198 -$96,921 $39,846 $86,657 $6,740
As % of expenses 65.9% -34.3% 15.9% 24.3% 2.0%
Revenue composition info
Total revenue (unrestricted & restricted) $289,360 $159,090 $251,409 $392,173 $307,293
Total revenue, % change over prior year 0.0% -45.0% 58.0% 0.0% -21.6%
Program services revenue 0.1% 0.5% 0.1% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0% 21.4% 0.0%
All other grants and contributions 99.9% 99.5% 99.9% 78.6% 100.0%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $203,546 $282,300 $250,393 $356,752 $344,431
Total expenses, % change over prior year 0.0% 38.7% -11.3% 0.0% -3.5%
Personnel 0.0% 0.0% 0.0% 44.7% 48.0%
Professional fees 51.3% 92.5% 94.7% 47.4% 40.6%
Occupancy 0.0% 1.6% 2.4% 1.2% 1.2%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 48.7% 5.9% 3.0% 6.7% 10.2%
Full cost components (estimated) info 2017 2018 2019 2021 2022
Total expenses (after depreciation) $203,546 $282,300 $251,173 $357,080 $344,431
One month of savings $16,962 $23,525 $20,866 $29,729 $28,703
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $2,343 $0 $0 $0
Total full costs (estimated) $220,508 $308,168 $272,039 $386,809 $373,134

Capital structure indicators

Liquidity info 2017 2018 2019 2021 2022
Months of cash 4.1 3.7 5.1 3.0 3.2
Months of cash and investments 4.1 3.7 5.1 3.0 3.2
Months of estimated liquid unrestricted net assets 7.9 1.5 5.6 4.3 4.7
Balance sheet composition info 2017 2018 2019 2021 2022
Cash $70,334 $86,758 $107,168 $89,539 $91,878
Investments $0 $0 $0 $0 $0
Receivables $65,000 $0 $6,000 $52,873 $51,623
Gross land, buildings, equipment (LBE) $0 $2,343 $2,343 $2,343 $2,343
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 49.9% 100.0% 100.0%
Liabilities (as a % of assets) 2.2% 12.7% -0.3% 8.3% 1.3%
Unrestricted net assets $134,198 $37,277 $117,673 $128,275 $135,015
Temporarily restricted net assets $0 $42,147 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $0 $42,147 $0 $5,454 $194,146
Total net assets $134,198 $79,424 $117,305 $133,729 $329,161

Key data checks

Key data checks info 2017 2018 2019 2021 2022
Material data errors No No Yes No No


The people, governance practices, and partners that make the organization tick.


Michelle Erpenbach

Number of employees

Source: IRS Form 990

Sioux Falls Thrive Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Sioux Falls Thrive Inc

Board of directors
as of 05/08/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Kirk Zeeck

Deb Koski

Sanford Health Foundation

Pooja Pullman

Sanford Health

Brooke Schmidt

Davenport Evans Lawyers

Beth Fuller Jensen

KELOLand Media Group

Lisa Beacom

Community Stakeholder

Mary Dally

Paceline Accounting Group LLP

Shantel Krebs

Avera Health

Kristy Tripp

Community Stakeholder

Rachelle Schaap

Schaap's RV Traveland

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 5/8/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.


The organization's leader identifies as:

Race & ethnicity
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation


We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 05/08/2024

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.


Fiscal year ending
There are no fundraisers recorded for this organization.