RISE EDUCATION FUND

EIN: 843954465 501(c)(3) Philanthropy & Grantmaking

SHERMAN OAKS, CA

Total Revenue
$4,666,512
Total Expenses
$4,634,425
Total Assets
$577,680
Net Assets
$577,680
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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
2020
Legal Domicile
CA
Principal Officer
MARYPATRICIA HECTOR
Phone
8182171801
Tax Period
2024-01-01 to 2024-12-31

RISE EDUCATION FUND, founded in 2020, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.7M in total revenue in fiscal year 2024. Revenue surged 127% from the prior year, signaling strong growth momentum.

Mission

RISE EDUCATION FUND IS A CALIFORNIA-BASED, NON-PROFIT PUBLIC BENEFIT CORPORATION FORMED FOR SOCIAL WELFARE PURPOSES. RISE EDUCATION FUND SUPPORTS PROGRAMS EXECUTED BY RISE ACTION FUND TO RECRUIT, ORGANIZE, AND TRAIN STUDENT LEADERS AND SUPPORTERS TO BECOME ADVOCATES FOR COLLEGE AFFORDABILITY AND CIVIC PARTICIPATION. THESE PROGRAMS AIM TO ENSURE THAT ALL STUDENTS CAN ATTEND AND COMPLETE COLLEGE WHILE MEETING THEIR BASIC NEEDS AND WITHOUT TAKING OUT STUDENT LOAN DEBT.

Program Service Accomplishments

Program 1
Expenses: $4,470,097

GRANTMAKING:RISE EDUCATION FUND MAKES CONTROLLED GRANTS TO SUPPORT THE EDUCATIONAL AND CHARITABLE PURPOSES OF PROGRAMS FOCUSED ON YOUTH CIVIC EDUCATION AND STUDENT ORGANIZING FOR COLLEGE...

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GRANTMAKING:RISE EDUCATION FUND MAKES CONTROLLED GRANTS TO SUPPORT THE EDUCATIONAL AND CHARITABLE PURPOSES OF PROGRAMS FOCUSED ON YOUTH CIVIC EDUCATION AND STUDENT ORGANIZING FOR COLLEGE AFFORDABILITY.

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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 $4,666,512
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,666,512

Expense Breakdown

Grants Paid $4,447,500
Salaries & Benefits $0
Fundraising Expenses $145,998
Program Expenses $4,470,097
Other Expenses $91,425
TOTAL EXPENSES $4,634,425

Year-over-Year Comparison

2024 2023 Change
Revenue $4,666,512 $2,058,769 +1.3%
Expenses $4,634,425 $1,988,126 +1.3%
Net Income $32,087 $70,643 -0.5%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
$276,614
Total Directors
3
$276,614
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARYPATRICIA HECTOR PRESIDENT 0.01
Officer Director
$0 $9,495 $146,468
ELIZABETH CONN TREASURER 0.01
Officer Director
$0 $9,603 $130,146
MAXWELL LUBIN SECRETARY 0.01
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 $4,666,512 $4,634,425 $577,680 $32,087
2023 $2,058,769 $1,988,126 $545,593 $70,643
2023 $2,058,769 $1,988,126 $545,593 $70,643
2022 $2,986,520 $3,063,824 $474,950 $-77,304
2022 $2,986,520 $3,063,824 $474,950 $-77,304
2021 $1,923,121 $1,463,018 $552,254 $460,103
2020 $1,465,884 $1,293,733 $172,151 $172,151
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