NonprofitsThrivesphere Athletics Foundation

Recreation & Sports

Thrivesphere Athletics Foundation

MILPITAS, CA

Total revenue

$393K

Total expenses

$148K

Net assets

$245K

Grants received

EIN

992823079

Tax year

2024

Mission

ThriveSphere Athletics Foundation empowers youth through sports by providing access to training competition and mentorship

Programs

2 programs

Scholarships and Financial Assistance - To ensure equitable access to sports, ThriveSphere provided direct financial support to families with demonstrated need. In 2024, we awarded $8800 in scholarships to help athletes participate fully in our programs by covering club dues and related expenses. In addition, we offered free clinics and lessons valued at $6280 to athletes who otherwise would not have been able to afford specialized training. These efforts reflect our mission to remove financial barriers so that all youth, regardless of background can access high-quality athletic opportunities.

Community Outreach and Impact - Our commitment to community impact extended beyond the volleyball court. In 2024, we donated volleyball equipment to local schools, helping them strengthen their sports programs and provide more students with access to physical activity and team play. We also coordinated a holiday toy drive that collected and donated 164 toys (estimated value $4000) to Child Advocates of Silicon Valley, serving children in foster care. These outreach initiatives demonstrate ThriveSpheres holistic approach: not only developing athletes but also fostering a sense of community, service, and responsibility among the youth and families we serve.

Financials

FY 2024

Revenue

Contributions & grants$4K
Program service revenue$389K
Investment income
Other revenue
Total revenue$393K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$148K
Total expenses$148K
Total assets$245K
Net assets$245K

People

4 listed

NameRoleCompensation

DENECIA TAOUFIK

DirectorSecretary

Board

40 hrs/wk

STUART HEMINGWAY

Director

Board

0.5 hrs/wk

ISMAIL JORIO

Treasurer

Board

0.5 hrs/wk

MOHAMMAD TAOUFIK

President

Board

40 hrs/wk

Details

EIN992823079
NTEE codeN40
Subsection03
Ruling date2025-01
Formed2024
Employees0
Volunteers5
THRIVESPHERE ATHLETICS FOUNDATION — Mission, Financials & Grants Received | Grantivo