RISE TOGETHER INNOVATION CENTER INC

EIN: 853230655 501(c)(3) Community Improvement

COLUMBUS, OH

Total Revenue
$8,230,975
Total Expenses
$9,561,882
Total Assets
$565,109
Net Assets
$565,109
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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
2021
Legal Domicile
OH
Principal Officer
SONJA NELSON
Phone
6146647483
Tax Period
2025-01-01 to 2025-12-31

RISE TOGETHER INNOVATION CENTER INC, founded in 2021, is a community nonprofit in the Community Improvement sector that reported $8.2M in total revenue in fiscal year 2025. Revenue surged 226% from the prior year, signaling strong growth momentum. Expenses of $9.6M exceeded revenue, resulting in a 16% operating deficit.

Mission

TO HARNESS THE COLLECTIVE POWER OF PEOPLE AND SYSTEMS TO DISRUPT STRUCTURAL RACISM AND ISSUES OF POVERTY TO ACHIEVE EQUITY FOR ALL OF FRANKLIN COUNTY RESIDENTS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $8,230,975
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $8,230,975

Expense Breakdown

Grants Paid $7,760,000
Salaries & Benefits $1,135,088
Fundraising Expenses $120,406
Program Expenses $9,127,917
Other Expenses $666,794
TOTAL EXPENSES $9,561,882

Year-over-Year Comparison

2025 2024 Change
Revenue $8,230,975 $2,523,021 +2.3%
Expenses $9,561,882 $1,495,944 +5.4%
Net Income $-1,330,907 $1,027,077 -2.3%
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
10
Independent Members
10
Employees
8
Volunteers
12

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
5
$124,616
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLETA B TAVERES BOARD CHAIR 2.00
Officer Director
$0 $0 $0
GUADALUPE VELASQUEZ BOARD VICE-CHAIR 2.00
Officer Director
$0 $0 $0
MATT HABASH TREASURER 2.00
Officer Director
$0 $0 $0
NANA WATSON SECRETARY 2.00
Officer Director
$0 $0 $0
CARLA WILLIAMS-SCOTT TRUSTEE 1.00
Director
$0 $0 $0
TERRY GREEN TRUSTEE 1.00
Director
$0 $0 $0
MONICA TELLEZ-FOWLER TRUSTEE 1.00
Director
$0 $0 $0
DR ANGELA CHAPMAN TRUSTEE 1.00
Director
$0 $0 $0
LAUREN RUMMEL TRUSTEE 1.00
Director
$0 $0 $0
JOY BIVENS TRUSTEE 1.00
Director
$0 $0 $0
SONJA NELSON LIMITED TERM CEO 40.00
Officer
$62,308 $62,308 $124,616
DANIELLE SYDNOR FORMER CEO 40.00
$362,573 $19,639 $382,212
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 $8,230,975 $9,561,882 $565,109 $-1,330,907
2024 No data No data No data No data
2023 $2,499,025 $2,633,616 $868,939 $-134,591
2022 $1,254,000 $379,006 $1,003,530 $874,994
2021 $232,772 $259,273 $128,536 $-26,501
2020 $209,819 $54,782 $166,012 $155,037
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