Skip to content
Nonprofiteer
← WORTH RISES INC

Form 990 for tax year 2023

Filed by WORTH RISES INC.

Totals

Total revenue
$4,420,063
Total expenses
$2,410,619
Contributions and grants received
$4,268,262
Grants paid
$67,350
Program service revenue
$14,000
Investment income
$137,746
Other revenue
$55
Total assets, end of year
$7,086,935
Total liabilities, end of year
$108,072
Net assets or fund balances, end of year
$6,978,863
Program services expenses (Part IX)
$1,870,293
Management and general expenses
$461,715
Fundraising expenses
$78,611
Program service expenses (Part III)
$1,870,293

Program services were 77.6% 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

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $4,268,262

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: LICENSING FEES

    total $14,000 · related or exempt $14,000 · 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 $116,327 · related or exempt $0 · unrelated business $0 · excluded $116,327

  • 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

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $957,528 · other assets $690

  • 7b · Less cost or other basis and sales expenses

    securities $936,476 · other assets $323

  • 7c · Gain or loss

    securities $21,052 · other assets $367

  • 7d · Net gain or loss

    total $21,419 · related or exempt $21,419 · unrelated business $0 · excluded $0

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

    $0

  • 11d · All other revenue

    total $55 · related or exempt $55 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $55

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $50,000 · program services $50,000

  • 2 · Grants to domestic individuals

    total $17,350 · program services $17,350

  • 5 · Compensation of officers, directors and key employees

    total $735,646 · program services $550,189 · management and general $131,362 · fundraising $54,095

  • 7 · Other salaries and wages

    total $435,012 · program services $406,595 · management and general $26,938 · fundraising $1,479

  • 8 · Pension plan contributions

    total $46,208 · program services $36,726 · management and general $6,930 · fundraising $2,552

  • 9 · Other employee benefits

    total $140,401 · program services $118,556 · management and general $16,260 · fundraising $5,585

  • 10 · Payroll taxes

    total $97,687 · program services $79,627 · management and general $13,685 · fundraising $4,375

  • 11c · Fees: accounting

    total $45,264 · management and general $45,264

  • 11g · Fees: other

    total $546,193 · program services $450,466 · management and general $95,727

  • 12 · Advertising and promotion

    total $3,084 · program services $3,084

  • 13 · Office expenses

    total $68,609 · program services $37,708 · management and general $30,329 · fundraising $572

  • 14 · Information technology

    total $44,452 · program services $28,052 · management and general $11,539 · fundraising $4,861

  • 16 · Occupancy

    total $49,198 · management and general $49,198

  • 17 · Travel

    total $121,495 · program services $90,888 · management and general $25,515 · fundraising $5,092

  • 19 · Conferences, conventions and meetings

    total $1,389 · program services $900 · management and general $489

  • 20 · Interest

    total $86 · management and general $86

  • 22 · Depreciation, depletion and amortization

    total $4,367 · management and general $4,367

  • 23 · Insurance

    total $4,178 · program services $152 · management and general $4,026

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $239,212 · end of year $192,499

  • 2 · Savings and temporary cash investments

    beginning of year $1,895,294 · end of year $2,318,972

  • 4 · Accounts receivable

    beginning of year $884,173 · end of year $1,478,305

  • 9 · Prepaid expenses and deferred charges

    beginning of year $27,727 · end of year $30,367

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

    $15,726

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

    $8,201

  • 10c · Land, buildings and equipment, net

    beginning of year $6,925 · end of year $7,525

  • 11 · Investments: publicly traded securities

    beginning of year $1,816,324 · end of year $3,059,267

  • 17 · Accounts payable and accrued expenses

    beginning of year $68,235 · end of year $108,072

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $3,514,540 · end of year $5,582,437

  • 28 · Net assets with donor restrictions

    beginning of year $1,286,880 · end of year $1,396,426

Mission and programs · 2023

Mission

TO DISMANTLE THE PRISON INDUSTRY AND END THE EXPLOITATION OF THOSE IT TARGETS.

  • POLICY CAMPAIGNS - WORTH RISES ORGANIZES AND SUPPORTS CAMPAIGNS THAT CHALLENGE THE POLICIES, INSTITUTIONS, AND PEOPLE WHO PROFIT FROM OUR NATION'S CARCERAL CRISIS. WE ENCOURAGE, EMPOWER, AND EQUIP COMMUNITY MEMBERS, ADVOCATES, INVESTORS, ELECTED OFFICIALS, LITIGATORS, AND THE PUBLIC TO JOIN OUR EFFORTS OR LAUNCH THEIR OWN.

    Expenses $515,187

  • CORPORATE CAMPAIGNS - WORTH RISES WORKS TO WEAKEN THE FINANCIAL STABILITY OF THE PRISON INDUSTRY TO DIMINISH ITS POWER OVER POLICY. WE UNDERMINE THE INDUSTRY'S REVENUE SOURCES, INCREASE THE COST OF DOING BUSINESS, REDUCE ACCESS TO CAPITAL, AND DECREASE THE POOL OF INVESTORS.

    Expenses $360,009

  • PUBLIC EDUCATION - WORTH RISES CONDUCTS RESEARCH, COLLECTS DATA, AND PERFORMS ORIGINAL ANALYSES AIMED AT UNMASKING THE HARMS CAUSED BY THE PRISON INDUSTRY. UNDERSTANDING THE MOBILIZING POWER OF KNOWLEDGE, WE TRANSFORM OUR RESEARCH, DATA, AND ANALYSES INTO ACCESSIBLE AND COMPELLING CONTENT ALONGSIDE THE REAL STORIES OF DIRECTLY IMPACTED COMMUNITIES TO INCREASE AWARENESS AND SHIFT THE DISCOURSE AROUND MASS INCARCERATION.

    Expenses $313,260

  • OTHER PROGRAMS INCLUDING GENERAL PROGRAMS, LABOR, TELECOM AND LEGAL.

    Expenses $681,837 · Grants $67,350 · Revenue $14,000

As filed on the 2023 return.

Listed in Part VII

  • Bianca Tylek

    EXECUTIVE DIRECTOR

    Total calculated
    $234,032
    From this org
    $224,700
    From related orgs
    $0
    Other
    $9,332
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $214,000
    Bonus
    $10,700
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $9,332
    Filer's total
    $234,032

  • Jan Combopiano

    CHIEF OPERATING OFFICER

    Total calculated
    $175,412
    From this org
    $166,080
    From related orgs
    $0
    Other
    $9,332
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,080
    Bonus
    $8,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $9,332
    Filer's total
    $175,412

  • Luke Noel

    CHIEF OF STAFF

    Total calculated
    $131,828
    From this org
    $122,720
    From related orgs
    $0
    Other
    $9,108
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $118,000
    Bonus
    $4,720
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $9,108
    Filer's total
    $131,828

  • Andrew Lama

    GOVERNMENT AFFAIRS SPECIALIST

    Total calculated
    $120,851
    From this org
    $111,960
    From related orgs
    $0
    Other
    $8,891
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $106,605
    Bonus
    $5,355
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $8,891
    Filer's total
    $120,851

  • Liza Weisstuch

    DIRECTOR OF COMMUNICATIONS

    Total calculated
    $115,463
    From this org
    $106,877
    From related orgs
    $0
    Other
    $8,586
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $106,877
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $8,586
    Filer's total
    $115,463

  • Samuel Jacobs

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Michelle Daniel Jones

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Fiona Kurz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Anika Warren Wood

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Tahir Boykins

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Michel Legendre

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

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

Provenance

Return type
form_990
Tax year
2023
Filed
22 October 2024
IRS schema version
2023v5.0
Source object
202442979349300614

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.