RISE ACADEMY

EIN: 830583165 501(c)(3) Employment

OMAHA, NE

Total Revenue
$4,933,703
Total Expenses
$3,432,711
Total Assets
$5,800,929
Net Assets
$5,560,654
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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
2018
Legal Domicile
NE
Principal Officer
JEREMY BOUMAN
Phone
4029998063
Tax Period
2024-01-01 to 2024-12-31

RISE ACADEMY, founded in 2018, is a community nonprofit in the Employment sector that reported $4.9M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 30% operating margin.

Mission

RISE ACADEMY'S MISSION IS TO BREAK GENERATIONAL CYCLES OF INCARCERATION.

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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 $4,817,903
Program Service Revenue $0
Investment Income $115,800
Other Revenue $0
TOTAL REVENUE $4,933,703

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,479,690
Fundraising Expenses $304,913
Program Expenses $2,872,210
Other Expenses $953,021
TOTAL EXPENSES $3,432,711

Year-over-Year Comparison

2024 2023 Change
Revenue $4,933,703 $3,715,669 +0.3%
Expenses $3,432,711 $2,911,573 +0.2%
Net Income $1,500,992 $804,096 +0.9%
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

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Governance

Voting Members
17
Independent Members
17
Employees
35
Volunteers
159

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
3
$216,943
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAN WALKER BOARD CHAIR 10.00
Officer Director
$0 $0 $0
THOMAS SUDYKA BOARD FINANCE CHAIR 10.00
Officer Director
$0 $0 $0
NAOMI HATTAWAY MEMBER 10.00
Director
$0 $0 $0
DR MARK FOXALL MEMBER 10.00
Director
$0 $0 $0
AVA THOMAS MEMBER 10.00
Director
$0 $0 $0
BILL HOBBS MEMBER 10.00
Director
$0 $0 $0
JAMIE BERGLUND MEMBER 10.00
Director
$0 $0 $0
LUESTER WEAVER MEMBER 10.00
Director
$0 $0 $0
RACHEL FOX MEMBER 10.00
Director
$0 $0 $0
BEN NAVARRO MEMBER 10.00
Director
$0 $0 $0
LEAH SMEJKAL MEMBER 10.00
Director
$0 $0 $0
JAN CHVALA MEMBER 10.00
Director
$0 $0 $0
STEVE LATHROP MEMBER 10.00
Director
$0 $0 $0
NATASHA NUYTTEN MEMBER 10.00
Director
$0 $0 $0
TONYA EGGSPUEHLER MEMBER 10.00
Director
$0 $0 $0
DARRON ROLLE MEMBER 10.00
Director
$0 $0 $0
MELISSA TAYLOR MEMBER 10.00
Director
$0 $0 $0
JEREMY BOUMAN CEO 40.00
Officer
$181,369 $35,574 $216,943
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 $4,933,703 $3,432,711 $5,800,929 $1,500,992
2023 $3,715,669 $2,911,573 $4,309,625 $804,096
2022 $2,539,212 $2,291,540 $3,394,734 $247,672
2021 $1,915,463 $1,894,913 $3,077,746 $20,550
2020 $2,900,593 $1,731,026 $3,044,968 $1,169,567
2019 $1,762,552 $1,078,832 $945,007 $683,720
2018 $674,964 $420,145 $259,361 $254,819
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