RISE ABOVE FOUNDATION INC (EIN 271409946) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

SARAH BALDIGA

Phone

8552468850

Tax Period

2023-07-01 to 2024-06-30

RISE ABOVE FOUNDATION INC, founded in 2009, is a small nonprofit in the Human Services sector that reported $730K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $912K exceeded revenue, resulting in a 25% operating deficit.

Mission

FOUNDED IN 2009, RISE ABOVE FOUNDATION, INC. PROVIDED MASSACHUSETTS CHILDREN IN FOSTER CARE WITH ACCESS TO ENRICHING ACTIVITIES, OPPORTUNITIES, AND EXPERIENCES. THE ORGANIZATION RESPONDS TO THE GROWING NEED TO GIVE YOUTH IN FOSTER CARE OPPORTUNITIES THAT PROVIDE THEM WITH A SENSE OF NORMALCY, PROVIDE COMFORT AND BUILD SELF-ESTEEM. BY FUNDING INDIVIDUAL WISHES FOR REQUEST LIKE KARATE, LAPTOPS, PROM EXPENSES AND CLARINET LESSONS, RISE ABOVE PROVIDES POSITIVE EXPERIENCES FOR FOSTER CHILDREN. SINCE ITS INCEPTION, THE ORGANIZATION HAS SERVED OVER 15,000 MASSACHUSETTS YOUTH, INCLUDING 2,700 IN THE LAST YEAR.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $665,495

Program Service Revenue $0

Investment Income $0

Other Revenue $64,270

TOTAL REVENUE $729,765

Expense Breakdown

Grants Paid $0

Salaries & Benefits $236,435

Fundraising Expenses $64,642

Program Expenses $760,122

Other Expenses $675,647

TOTAL EXPENSES $912,082

Year-over-Year Comparison

	2023	2022	Change
Revenue	$729,765	$818,095	-0.1%
Expenses	$912,082	$773,350	+0.2%
Net Income	$-182,317	$44,745	-5.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$78,113

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WADE SULZMAN	PRESIDENT	3.00	Officer Director	$0	$0	$0
MARCELA BLUE	DIRECTOR	1.00	Director	$0	$0	$0
RACHAEL BERRY	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA COOLIDGE	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE CUNHA	SECRETARY	1.00	Officer Director	$0	$0	$0
LEO FERRANTE	DIRECTOR	1.00	Director	$0	$0	$0
GRANT HAMILTON	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL HANSCOM	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN KNOX	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY MANSFIELD	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY NEWHALL	DIRECTOR	1.00	Director	$0	$0	$0
NICK PELLETIER	TREASURER	1.00	Officer Director	$0	$0	$0
KAY TAKINAMI	DIRECTOR	1.00	Director	$0	$0	$0
JOSHUA HALTERMAN	DIRECTOR	1.00	Director	$0	$0	$0
MARK MANEY	DIRECTOR	1.00	Director	$0	$0	$0
LORIMAR MATEO	DIRECTOR	1.00	Director	$0	$0	$0
DAN SATCHWELL	DIRECTOR	1.00	Director	$0	$0	$0
SARAH BALDIGA	EXECUTIVE DIRECTOR	30.00	Officer	$78,113	$0	$78,113

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$729,765	$912,082	$315,402	$-182,317
2023	$818,095	$773,350	$494,286	$44,745
2022	$813,284	$692,759	$434,915	$120,525
2021	$571,283	$447,280	$309,494	$124,003
2020	$548,748	$435,280	$176,241	$113,468
2019	$384,354	$355,083	$62,773	$29,271

RISE ABOVE FOUNDATION INC