FOUNDATION FOR STUDENTS RISING ABOVE

EIN: 810615887 501(c)(3) Philanthropy & Grantmaking

SAN FRANCISCO, CA

Total Revenue
$5,157,241
Total Expenses
$5,154,494
Total Assets
$8,725,308
Net Assets
$8,672,132
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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
2003
Legal Domicile
CA
Principal Officer
ELI KENNEDY
Phone
4153334222
Tax Period
2024-07-01 to 2025-06-30

FOUNDATION FOR STUDENTS RISING ABOVE, founded in 2003, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.2M in total revenue in fiscal year 2024.

Mission

SRA EMPOWERS STUDENTS FACING SYSTEMIC BARRIERS TO DEFINE AND FIND SUCCESS THROUGH EDUCATION, CAREER, AND IN LIFE, WITH COLLEGE COMPLETION AND WORKFORCE DEVELOPMENT PROGRAMMING THAT SUPPORTS THEM THROUGH THEIR SENIOR YEAR OF HIGH SCHOOL, COLLEGE, AND INTO THE WORKFORCE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,679,738
Program Service Revenue $175,013
Investment Income $302,490
Other Revenue $0
TOTAL REVENUE $5,157,241

Expense Breakdown

Grants Paid $951,506
Salaries & Benefits $3,473,386
Fundraising Expenses $646,219
Program Expenses $3,456,652
Other Expenses $729,602
TOTAL EXPENSES $5,154,494

Year-over-Year Comparison

2024 2023 Change
Revenue $5,157,241 $4,962,047 +0.0%
Expenses $5,154,494 $5,651,799 -0.1%
Net Income $2,747 $-689,752 -1.0%
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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Governance

Voting Members
13
Independent Members
13
Employees
60
Volunteers
175

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
6
$188,121
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIUS ROBINSON BOARD CHAIR 3.00
Officer Director
$0 $0 $0
CAROLYN REISER VICE CHAIR 3.00
Officer Director
$0 $0 $0
MATTHEW HOUSTON SECRETARY 3.00
Officer Director
$0 $0 $0
FRANK TROUTMAN TREASURER 3.00
Officer Director
$0 $0 $0
DIANA CAMPOAMOR DIRECTOR 1.00
Director
$0 $0 $0
CARLYN CLAUSE DIRECTOR 1.00
Director
$0 $0 $0
QUEEN DENCHUKWU DIRECTOR 1.00
Director
$0 $0 $0
PHOENICIA FITTS DIRECTOR 1.00
Director
$0 $0 $0
ANASTASIA NOVOZHILOVA DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN PARLETT DIRECTOR 1.00
Director
$0 $0 $0
NATHAN PORRAS DIRECTOR 1.00
Director
$0 $0 $0
DIPTI SIRISINAHAL DIRECTOR 1.00
Director
$0 $0 $0
VERONICA TOSCANO DIRECTOR 1.00
Director
$0 $0 $0
ELI KENNEDY CHIEF EXECUTIVE OFFICER (AS OF 03/25) 50.00
Officer
$0 $0 $0
ANGELA BUGAYONG INTERIM CEO (THRU 03/25); COO 50.00
Officer
$182,708 $5,413 $188,121
LAURA CASHION DIRECTOR OF FINANCE (THRU 05/25) 50.00
Highest
$138,900 $0 $138,900
LEONARD MEDLOCK DIRECTOR OF PRODUCT INNOVATION 50.00
Highest
$159,700 $0 $159,700
WILLIAM MOCK DIR. OF SOCIAL ENTERPRISE 50.00
Highest
$126,283 $7,922 $134,205
DENA VONGCHANH DIR. OF DEVELOPMENT (THRU 01/25) 50.00
Highest
$112,297 $4,120 $116,417
VELI S WALLER DIRECTOR OF PROGRAMS 50.00
Highest
$106,409 $769 $107,178
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 $5,157,241 $5,154,494 $8,725,308 $2,747
2024 $4,962,047 $5,651,799 $8,459,753 $-689,752
2023 $4,179,741 $5,441,420 $9,047,610 $-1,261,679
2022 $5,050,190 $4,400,223 $10,003,062 $649,967
2021 $6,837,356 $10,470,991 $11,651,309 $-3,633,635
2020 $11,204,119 $4,238,286 $14,134,406 $6,965,833
2019 $3,833,501 $4,420,100 $6,559,778 $-586,599
2018 $4,662,416 $4,096,930 $7,221,339 $565,486
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