RISE CORP (EIN 823730738) - 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

2017

Legal Domicile

Principal Officer

DAMON BROWN

Phone

2693589466

Tax Period

2024-01-01 to 2024-12-31

RISE CORP, founded in 2017, is a small nonprofit in the Mental Health sector that reported $422K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $513K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO CREATE EQUITABLE HEALTHY FUTURES FOR INDIVIDUALS, CHILDREN, FAMILIES AND THE COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $257,219

Program Service Revenue $164,485

Investment Income $0

Other Revenue $407

TOTAL REVENUE $422,111

Expense Breakdown

Grants Paid $0

Salaries & Benefits $164,569

Fundraising Expenses $0

Program Expenses $512,540

Other Expenses $347,971

TOTAL EXPENSES $512,540

Year-over-Year Comparison

	2024	2023	Change
Revenue	$422,111	$760,033	-0.4%
Expenses	$512,540	$676,246	-0.2%
Net Income	$-90,429	$83,787	-2.1%

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

$91,355

Total Directors

$38,300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAMON BROWN	PRESIDENT	40.00	Officer	$91,355	$0	$91,355
JACQUELINE PATRICK JAMES	TREASURER	40.00	Director	$33,400	$0	$33,400
JERMAIHN WILLIAMS	DIRECTOR	0.00	Director	$4,900	$0	$4,900
KEVIN ADAMS	DIRECTOR	0.00	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
2024	$422,111	$512,540	$132,311	$-90,429
2023	$760,033	$676,246	$86,343	$83,787
2022	$484,655	$553,563	$7,452	$-68,908
2021	$356,575	$365,419	$75,891	$-8,844

RISE CORP