RISE PREPARATORY CHARTER SCHOOL INC (EIN 473433542) - 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

2014

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

RISE PREPARATORY CHARTER SCHOOL INC, founded in 2014, is a community nonprofit that reported $7.2M in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $11.3M exceeded revenue, resulting in a 57% operating deficit.

Mission

PROVIDE OUR SCHOLARS WITH THE TOOLS NECESSARY TO PERSEVERE THROUGH THE HARD WORK AND RECOGNIZE THEIR STRENGTHS IN THE PROCESS.

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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 $1,589,615

Program Service Revenue $5,617,232

Investment Income $0

Other Revenue $0

TOTAL REVENUE $7,206,847

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $9,656,650

Other Expenses $11,328,372

TOTAL EXPENSES $11,328,372

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,206,847	$12,746,291	-0.4%
Expenses	$11,328,372	$11,223,880	+0.0%
Net Income	$-4,121,525	$1,522,411	-3.7%

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

Total Directors

Key Employees

$148,000

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
CELETA WATSON	EXECUTIVE DIRECTOR	Key Emp	$148,000	$0	$148,000
TANISHA TAYLOR JONES	BOARD MEMBER	Director	$0	$0	$0
DESMOND HARDY	BOARD MEMBER	Director	$0	$0	$0
LARA STERLING	BOARD CHAIR	Officer Director	$0	$0	$0

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	$7,206,847	$11,328,372	$18,273,956	$-4,121,525
2023	$12,746,291	$11,223,880	$20,591,746	$1,522,411
2022	$10,832,658	$12,621,564	$19,571,024	$-1,788,906
2021	$8,784,327	$8,085,543	$6,684,312	$698,784
2020	$8,030,752	$9,798,890	$7,873,189	$-1,768,138
2018	$3,269,149	$3,513,019	$4,590,430	$-243,870

RISE PREPARATORY CHARTER SCHOOL INC