Totals
- Total revenue
- $1,286,459
- Total expenses
- $1,014,046
- Contributions and grants received
- $1,198,968
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $39,794
- Other revenue
- $47,697
- Total assets, end of year
- $1,766,921
- Total liabilities, end of year
- $252,200
- Net assets or fund balances, end of year
- $1,514,721
- Program services expenses (Part IX)
- $641,669
- Management and general expenses
- $139,736
- Fundraising expenses
- $232,641
- Program service expenses (Part III)
- $641,669
Program services were 63.3% 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.
-
1c · Fundraising events
$19,317
-
1e · Government grants (contributions)
$287,597
-
1f · All other contributions, gifts and grants
$892,054
-
3 · Investment income
total $35,582 · excluded $35,582
-
7a · Gross sales of assets other than inventory
securities $4,212
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $4,212
-
7d · Net gain or loss
total $4,212 · excluded $4,212
-
8a · Fundraising events: gross income
$13,093
-
8a · Fundraising events: contributions included on line 1c
$19,317
-
8b · Fundraising events: direct expenses
$43,166
-
8c · Net income from fundraising events
total -$30,073 · excluded -$30,073
-
11a · Other revenue: PROGRAM FEES
total $73,951 · related or exempt $73,951
-
11b · Other revenue: MISCELLANEOUS REVENUE
total $3,819 · related or exempt $3,819
-
11e · Other revenue, total
$77,770
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $141,180 · program services $28,236 · management and general $49,413 · fundraising $63,531
-
7 · Other salaries and wages
total $433,383 · program services $336,111 · management and general $4,794 · fundraising $92,478
-
9 · Other employee benefits
total $42,761 · program services $31,655 · management and general $1,361 · fundraising $9,745
-
10 · Payroll taxes
total $43,431 · program services $27,860 · management and general $3,909 · fundraising $11,662
-
11c · Fees: accounting
total $42,170 · management and general $42,170
-
11f · Fees: investment management
total $6,774 · management and general $6,774
-
12 · Advertising and promotion
total $26,869 · program services $5,400 · management and general $459 · fundraising $21,010
-
16 · Occupancy
total $57,834 · program services $44,240 · management and general $4,487 · fundraising $9,107
-
19 · Conferences, conventions and meetings
total $14,641 · program services $8,232 · management and general $2,409 · fundraising $4,000
-
23 · Insurance
total $40,311 · program services $23,448 · management and general $5,715 · fundraising $11,148
-
24a · Other expenses: PRINTING AND PROGRAM IN
total $45,435 · program services $40,614 · management and general $1,964 · fundraising $2,857
-
24b · Other expenses: IDA MATCH AND EXPENSES
total $35,279 · program services $35,279
-
24c · Other expenses: CONTRACT SERVICES
total $22,836 · program services $11,653 · management and general $11,183
-
24d · Other expenses: EQUIPMENT AND MAINTENAN
total $21,440 · program services $17,846 · management and general $1,193 · fundraising $2,401
-
24e · All other expenses
total $39,702 · program services $31,095 · management and general $3,905 · fundraising $4,702
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $556,062 · end of year $488,233
-
3 · Pledges and grants receivable
beginning of year $92,097 · end of year $245,104
-
9 · Prepaid expenses and deferred charges
beginning of year $21,306 · end of year $15,161
-
10a · Land, buildings and equipment: cost or other basis
$70,887
-
10b · Land, buildings and equipment: accumulated depreciation
$70,887
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $1,033,231 · end of year $951,364
-
15 · Other assets
beginning of year $0 · end of year $67,059
-
17 · Accounts payable and accrued expenses
beginning of year $110,804 · end of year $89,779
-
25 · Other liabilities
beginning of year $319,864 · end of year $162,421
-
27 · Net assets without donor restrictions
beginning of year $1,256,882 · end of year $1,248,190
-
28 · Net assets with donor restrictions
beginning of year $15,146 · end of year $266,531
Mission and programs · 2022
Mission
RISE FOUNDATION, INC. EMPOWERS PEOPLE TO BECOME SELF SUFFICIENT BY BUILDING AND SUSTAINING HUMAN AND FINANCIAL ASSETS.
Activities or mission (Part I)
THE ORGANIZATION'S MISSION IS TO EMPOWER PEOPLE TO BECOME SELF SUFFICIENT BY BUILDING AND SUSTAINING HUMAN AND FINANCIAL ASSETS.
-
THE ORGANIZATION OPERATES THE FOLLOWING PROGRAMS - SAVE UP, GOAL CARD, AND THE GREATER MEMPHIS FINANCIAL EMPOWERMENT CENTER. SAVE UP INVOLVES FINANCIAL EDUCATION AND MATCHED SAVINGS FOR ASSET DEVELOPMENT FOR LOW TO MODERATE-INCOME WORKING CITIZENS IN SHELBY COUNTY. GOAL CARD IS RISE'S INCENTIVE PROGRAM FOR 5TH TO 12TH GRADE STUDENTS LIVING IN ZIP CODES 38126 AND 38106. THE FOCUS IS ON FINANCIAL EDUCATION, GOAL SETTING, MENTORING AND IMPROVEMENT IN CONDUCT, ATTENDANCE AND GRADES. THE GREATER MEMPHIS FINANCIAL EMPOWERMENT CENTER, IN COLLABORATION WITH THE SHELBY COUNTY TRUSTEE'S OFFICE, FOCUSES ON ONE-ON-ONE PERSONAL FINANCIAL COUNSELING WITH EMPHASIS ON DEBT REDUCTION, SAVINGS AND IMPROVED CREDIT SCORES. COMMON CENTS IS RISE'S FINANCIAL EDUCATION COURSE PROVIDED AS FEE-FOR-SERVICE PROGRAM TO OTHER ORGANIZATIONS AS REQUESTED. SILVER NEIGHBORS IS RISE'S PROGRAM THAT EMPOWERS OLDER ADULTS TO MAKE BETTER CHOICES ABOUT THEIR FINANCES AND OFFERS PEER SUPPORTED LEARNING OPPORTUNITIES. SILVER NEIGHBORS ALSO ENHANCES DIGITAL LITERACY SKILLS FOR OLDER ADULTS.
Expenses $641,669
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Randy WilliamsRANDY WILLIAMS
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Darlene DonovanDARLENE DONOVAN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Marsh CampbellMARSH CAMPBELL
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jim ReberJIM REBER
FINANCE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
William CapoothWILLIAM CAPOOTH
FUND DEVELOPMENT CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Christopher DavisDR CHRISTOPHER DAVIS
PRG CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Dana L PointerDANA L POINTER
BOARD DEVELOPMENT CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl Blair-HurstCHERYL BLAIR-HURST
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joy Richmond BowenJOY RICHMOND BOWEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Terri Browne-SilentTERRI BROWNE-SILENT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Keith L CollinsKEITH L COLLINS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stephany GoodnightSTEPHANY GOODNIGHT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Markita C JackMARKITA C JACK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Robert LipscombROBERT LIPSCOMB
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kristin LockhartKRISTIN LOCKHART
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marcez MitchellMARCEZ MITCHELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Teresa T MorrisTERESA T MORRIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Crystal R OliverCRYSTAL R OLIVER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie ScurlockSTEPHANIE SCURLOCK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Melissa ThompsonMELISSA THOMPSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jonas CroftJONAS CROFT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sheena Harper-NelsonSHEENA HARPER-NELSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kenyon LeeKENYON LEE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David C LenoirDAVID C LENOIR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shelia TerrellSHELIA TERRELL
PRESIDENT/CEO
- Total calculated
- $141,180
- From this org
- $131,611
- From related orgs
- $0
- Other
- $9,569
- Hours/week
- 50
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401319349302800
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.