Skip to content
Nonprofiteer
← RIDEBACK RISE INC

Form 990 for tax year 2024

Filed by RIDEBACK RISE INC.

Totals

Total revenue
$1,273,953
Total expenses
$1,636,839
Contributions and grants received
$1,305,773
Grants paid
$217,778
Program service revenue
$4,364
Investment income
$7,127
Other revenue
-$43,311
Total assets, end of year
$2,728,013
Total liabilities, end of year
$249,941
Net assets or fund balances, end of year
$2,478,072
Program services expenses (Part IX)
$1,277,531
Management and general expenses
$191,125
Fundraising expenses
$168,183
Program service expenses (Part III)
$1,277,531

Program services were 78.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $45,740

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $1,260,033

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: PROGRAM SERVICE FEES

    total $4,364 · related or exempt $4,364 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $7,127 · related or exempt $0 · unrelated business $0 · excluded $7,127

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: gross income

    $24,712

  • 8a · Fundraising events: contributions included on line 1c

    $45,740

  • 8b · Fundraising events: direct expenses

    $68,023

  • 8c · Net income from fundraising events

    total -$43,311 · unrelated business $0 · excluded -$43,311

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $217,778 · program services $217,778

  • 5 · Compensation of officers, directors and key employees

    total $285,181 · program services $192,314 · management and general $29,621 · fundraising $63,246

  • 7 · Other salaries and wages

    total $52,933 · program services $35,696 · management and general $5,498 · fundraising $11,739

  • 10 · Payroll taxes

    total $25,496 · program services $17,219 · management and general $2,703 · fundraising $5,574

  • 11b · Fees: legal

    total $15,498 · program services $8,095 · management and general $7,403

  • 11c · Fees: accounting

    total $63,981 · management and general $63,981

  • 11g · Fees: other

    total $340,249 · program services $265,098 · management and general $2,131 · fundraising $73,020

  • 13 · Office expenses

    total $39,856 · program services $23,900 · management and general $13,235 · fundraising $2,721

  • 14 · Information technology

    total $4,755 · program services $2,123 · management and general $2,632

  • 16 · Occupancy

    total $301,904 · program services $273,000 · management and general $28,904

  • 17 · Travel

    total $106,533 · program services $94,436 · management and general $2,803 · fundraising $9,294

  • 22 · Depreciation, depletion and amortization

    total $7,876 · program services $7,876

  • 23 · Insurance

    total $26,794 · program services $582 · management and general $26,212

  • 24a · Other expenses: IN-KIND EXPENSES

    total $120,963 · program services $120,963 · management and general $0 · fundraising $0

  • 24b · Other expenses: PROGRAM EXPENSES

    total $19,853 · program services $18,241 · management and general $1,242 · fundraising $370

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $5,072 · program services $150 · management and general $4,310 · fundraising $612

  • 24d · Other expenses: BANK AND MERCHANT FEES

    total $1,831 · program services $20 · management and general $204 · fundraising $1,607

  • 24e · All other expenses

    total $286 · program services $40 · management and general $246

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,123,342 · end of year $462,523

  • 4 · Accounts receivable

    beginning of year $338,072 · end of year $708,254

  • 9 · Prepaid expenses and deferred charges

    beginning of year $29,565 · end of year $25,502

  • 10a · Land, buildings and equipment: cost or other basis

    $29,512

  • 10b · Land, buildings and equipment: accumulated depreciation

    $8,405

  • 10c · Land, buildings and equipment, net

    beginning of year $14,507 · end of year $21,107

  • 11 · Investments: publicly traded securities

    beginning of year $1,551,760 · end of year $1,315,779

  • 15 · Other assets

    beginning of year $298,966 · end of year $194,848

  • 17 · Accounts payable and accrued expenses

    beginning of year $279,804 · end of year $34,851

  • 25 · Other liabilities

    beginning of year $299,466 · end of year $215,090

  • 27 · Net assets without donor restrictions

    beginning of year $2,388,869 · end of year $1,388,072

  • 28 · Net assets with donor restrictions

    beginning of year $388,073 · end of year $1,090,000

Mission and programs · 2024

Mission

RIDEBACK RISE IS AN ACCELERATOR - OF TALENT, OF COMMUNITY, OF OPPORTUNITY, OF CHANGE. RISE SUPPORTS AND EMPOWERS MID-CAREER POC CREATORS AND ARTISTS TO MAKE COMMERCIAL FILM AND TELEVISION ACROSS GENRES THAT REFLECT OUR MULTICULTURAL SOCIETY: TO PROPEL NARRATIVE CHANGE, ADVANCE EQUITY AND CREATE CULTURAL IMPACT.

Activities or mission (Part I)

RIDEBACK RISE IS AN ACCELERATOR - OF TALENT, OF COMMUNITY, OF OPPORTUNITY, OF CHANGE. RISE SUPPORTS AND EMPOWERS MID-CAREER POC CREATORS AND ARTISTS TO MAKE COMMERCIAL FILM AND TELEVISION ACROSS GENRES THAT REFLECT OUR MULTICULTURAL SOCIETY: TO PROPEL NARRATIVE CHANGE, ADVANCE EQUITY, AND CREATE CULTURAL IMPACT.

  • GENERAL PROGRAMS: PROGRAMS SUPPORT UNDERREPRESENTED FILMMAKERS AND CREATORS WITH MENTORSHIP, RESOURCES, AND OPPORTUNITIES TO ADVANCE THEIR CAREERS AND AMPLIFY DIVERSE STORIES IN ENTERTAINMENT.

    Expenses $937,325 · Grants $4,776 · Revenue $4,364

  • RIDEBACK RISE FELLOWSHIP: RIDEBACK RISE FELLOWSHIP & RESIDENCY IS COMPRISED OF THE TOP 15 MID-CAREER POC CREATORS AND FILMMAKERS WHO ARE SUPPORTED AND EMPOWERED IN THE YEAR LONG PROGRAM VIA A STRUCTURED AND RIGOROUS CREATIVE AND BUSINESS CURRICULUM FOCUSED ON DEVELOPING THEIR COMMERCIAL FILM AND TELEVISION PROJECTS FROM CONCEPT TO MARKET-READY PITCH/PACKAGE, LEVERAGING ALL OF RESOURCES, ACCESS, AND MENTORSHIP THAT RISE HAS TO OFFER. THE GOAL IS TO ADVANCE NARRATIVE CHANGE AND HELP CREATE CULTURAL IMPACT.

    Expenses $267,955 · Grants $159,796

  • RESIDENCE: A CREATIVE RESIDENCY THAT PROVIDES EMERGING STORYTELLERS WITH MENTORSHIP, WORKSPACE, AND PRODUCTION SUPPORT TO DEVELOP SOCIALLY IMPACTFUL FILM AND TELEVISION PROJECTS.

    Expenses $72,251 · Grants $53,205

As filed on the 2024 return.

Listed in Part VII

  • Diana Mogollon

    CEO

    Total calculated
    $197,577
    From this org
    $197,577
    From related orgs
    $0
    Other
    $0
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $197,577
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $197,577

  • April Chang

    MANAGER

    Total calculated
    $81,250
    From this org
    $81,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Dan Lin

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Michael Lofaso

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Alice Rhee

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Andrea Cherng

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Strauss Zelnick

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Brickson Diamond

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.0
Source object
202503189349301025

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.