RISING TIDE EFFECT

EIN: 853590574 501(c)(3) Recreation & Sports

BROOKLYN, NY

Total Revenue
$320,694
Total Expenses
$338,697
Total Assets
$135,477
Net Assets
$-68,429
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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
NY
Principal Officer
KAITLIN KRAUSE
Phone
6319019116
Tax Period
2023-01-01 to 2023-12-31

RISING TIDE EFFECT, founded in 2020, is a small nonprofit in the Recreation & Sports sector that reported $321K in total revenue in fiscal year 2023. Revenue surged 98% from the prior year, signaling strong growth momentum.

Mission

TO ELIMINATE DEATH BY DROWNING AND PROVIDE QUALITY SWIMMING LESSONS AND WATER SAFETY EDUCATION TO UNDERSERVED SOCIOECONOMIC REGIONS AND GROUPS.

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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 $320,694
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $320,694

Expense Breakdown

Grants Paid $0
Salaries & Benefits $40,550
Fundraising Expenses $0
Program Expenses $248,251
Other Expenses $298,147
TOTAL EXPENSES $338,697

Year-over-Year Comparison

2023 2022 Change
Revenue $320,694 $161,703 +1.0%
Expenses $338,697 $180,054 +0.9%
Net Income $-18,003 $-18,351 0.0%
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
7
Independent Members
7
Employees
9
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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JP RORECH CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MICHI JIGARJIAN VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MELISSA GRIFFITHS BOARD MEMBER 1.00
Director
$0 $0 $0
CAMESHA GRANT BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGIA HARRELL BOARD MEMBER 1.00
Director
$0 $0 $0
LUCY RORECH BOARD MEMBER 1.00
Director
$0 $0 $0
JOELLE BYRER BOARD MEMBER 1.00
Director
$0 $0 $0
KAITLIN KRAUSE EXECUTIVE DIRECTOR 40.00
Officer
$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 No data No data No data No data
2023 $320,694 $338,697 $135,477 $-18,003
2022 $90,652 $109,003 $8,236 $-18,351
2022 $161,703 $180,054 $8,236 $-18,351
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