RISE FOUNDATION

EIN: 850522536 501(c)(3) Civil Rights & Advocacy

WAYNESBORO, VA

Total Revenue
$260,769
Total Expenses
$276,936
Total Assets
$8,729
Net Assets
$-3,096
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Principal Officer
CHANDA MCGUFFIN
Phone
5402940955
Tax Period
2023-01-01 to 2023-12-31

RISE FOUNDATION, founded in 2019, is a small nonprofit in the Civil Rights & Advocacy sector that reported $261K in total revenue in fiscal year 2023.

Mission

PROVIDE EDUCATION, TRAINING, DEVELOPMENT AND COMMUNITY OUTREACH

Program Service Accomplishments

Program 1
Expenses: $246,696

YOUTH PROGRAMMING INCLUDES AFTER SCHOOL, SUMMER SCHOOL, AND IMPACT ON YOUTH. WE SERVICE APPROXIMATELY 75 - 100 SCHOLARS AT DIFFERENT TIMES DURING THE YEAR. OUR PHILOSOPHY IS TO TEACH READING, WRITING...

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YOUTH PROGRAMMING INCLUDES AFTER SCHOOL, SUMMER SCHOOL, AND IMPACT ON YOUTH. WE SERVICE APPROXIMATELY 75 - 100 SCHOLARS AT DIFFERENT TIMES DURING THE YEAR. OUR PHILOSOPHY IS TO TEACH READING, WRITING AND PUBLIC SPEAKING THROUGH CULTURALLY REPRESENTATIVE MATERIAL, THE ARTS, AND SMALL GROUP OR ONE-ON-ONE SESSIONS. ATTENDING SCHOLARS IMPROVE THEIR READING LEVELS FROM 1 TO 2 GRADE LEVELS AND THEIR CONFIDENCE GROWS TREMENDOUSLY. THE IMPACT ON YOUTH PROGRAM WILL SERVE INITIALLY 25 STUDENTS IN MIDDLE AND HIGH SCHOOL. THIS PROGRAM IS DESIGNED TO SUPPORT STUDENTS IN FINDING THEIR FUTURE AND LEARNING ABOUT VARIOUS ASPECTS OF LIFE. THEY WILL BE CHALLENGED TO THINK OUTSIDE THE BOX AND START TO PLAN THEIR FUTURES.

Program 2

THE COMMUNITY OUTREACH PROGRAM IS AVAILABLE TO RISE PARTICIPANTS, WHICH WE CONSIDER TO BE OUR RISE FAMILY. THIS PROGRAM SUPPORTS OUR RISE FAMILIES SO THAT OUR SCHOLARS CAN LIVE AND LEARN HEALTHY AND...

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THE COMMUNITY OUTREACH PROGRAM IS AVAILABLE TO RISE PARTICIPANTS, WHICH WE CONSIDER TO BE OUR RISE FAMILY. THIS PROGRAM SUPPORTS OUR RISE FAMILIES SO THAT OUR SCHOLARS CAN LIVE AND LEARN HEALTHY AND THRIVING LIVES. SUPPORT IS GIVEN THROUGH VARIOUS WAYS- FIRST TIME HOMEBUYER SEMINARS, SCHOOL SUPPLIES, FIRST DAY OUTFITS, FAMILY FUN NIGHT.

Program 3

THE ALL BLACK LIBRARY IS USED AS A MAIN FOUNDATION FOR BUILDING READING AND COMPREHENSION. NEW BOOKS ARE PURCHASED THROUGHOUT THE YEAR FOR GROUP BOOK READING AND WRITTEN BOOK REPORTS. OVER 1500 BOOKS...

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THE ALL BLACK LIBRARY IS USED AS A MAIN FOUNDATION FOR BUILDING READING AND COMPREHENSION. NEW BOOKS ARE PURCHASED THROUGHOUT THE YEAR FOR GROUP BOOK READING AND WRITTEN BOOK REPORTS. OVER 1500 BOOKS ARE IN THE COLLECTION RANGING FROM PRE-K TO ADULTS AND OF ALL GENRES. IT SERVES AS A LOANER LIBRARY FOR 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $260,769
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $260,769

Expense Breakdown

Grants Paid $0
Salaries & Benefits $39,005
Fundraising Expenses $15,187
Program Expenses $246,696
Other Expenses $237,931
TOTAL EXPENSES $276,936

Year-over-Year Comparison

2023 2022 Change
Revenue $260,769 N/A N/A
Expenses $276,936 N/A N/A
Net Income $-16,167 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
1
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
4
$34,375
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON FITZ EXECUTIVE DI 40.00
Officer
$34,375 $0 $34,375
LORIE AKANBI BOARD MEMBER 6.00
Director
$0 $0 $0
DR LAUREN CARTER BOARD MEMBER 6.00
Director
$0 $0 $0
LORI MAY BOARD MEMBER 6.00
Director
$0 $0 $0
CHANDA MCGUFFIN CO FOUNDER 20.00
Officer Director
$0 $0 $0
JENNIFER NICHOLLS TREASURER 6.00
Officer Director
$0 $0 $0
SONYA PAYNE SECRETARY 6.00
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
2023 $260,769 $276,936 $8,729 $-16,167
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