RAISE FUNDS INC

EIN: 920494413 501(c)(3) Human Services

Cypress, CA

Total Revenue
$488,176
Total Expenses
$528,914
Total Assets
$199,937
Net Assets
$189,004
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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
2022
Legal Domicile
CA
Principal Officer
VIVEK SHARMA
Phone
5627129505
Tax Period
2024-01-01 to 2024-12-31

RAISE FUNDS INC, founded in 2022, is a small nonprofit in the Human Services sector that reported $488K in total revenue in fiscal year 2024. Revenue fell 75% from the prior year — a significant decline worth monitoring.

Mission

THE NON-PROFIT IS DEDICATED TO EASING THE FINANCIAL & ECONOMIC BURDENS FOR INTERNATIONAL STUDENTS.

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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 $0
Program Service Revenue $484,586
Investment Income $3,590
Other Revenue $0
TOTAL REVENUE $488,176

Expense Breakdown

Grants Paid $12,602
Salaries & Benefits $39,041
Fundraising Expenses $0
Program Expenses $442,053
Other Expenses $477,271
TOTAL EXPENSES $528,914

Year-over-Year Comparison

2024 2023 Change
Revenue $488,176 $1,956,366 -0.8%
Expenses $528,914 $1,736,041 -0.7%
Net Income $-40,738 $220,325 -1.2%
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
2
Independent Members
1
Employees
1
Volunteers
500

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
2
$43,500
Total Directors
1
$5,940
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIVEK SHARMA CEO 40.00
Officer
$36,000 $0 $36,000
LAVESH RAWAL TREASURER 10.00
Officer
$7,500 $0 $7,500
DUNG MY KIM SECRETARY 40.00
Director
$5,940 $0 $5,940
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 $488,176 $528,914 $199,937 $-40,738
2023 $1,956,366 $1,736,041 $236,494 $220,325
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