Rise Economy

EIN: 943153815 501(c)(3) Unknown

San Francisco, CA

Total Revenue
$2,477,025
Total Expenses
$2,996,330
Total Assets
$3,341,061
Net Assets
$3,142,295
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
CA
Principal Officer
Paulina Gonzalez-Brito
Phone
4158643980
Tax Period
2024-01-01 to 2024-12-31

Rise Economy, founded in 1992, is a community nonprofit in the Unknown sector that reported $2.5M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $3.0M exceeded revenue, resulting in a 21% operating deficit.

Mission

The Organization's mission is to build an inclusive and fair economy that meets the needs of communities of color and low-income communities by ensuring that banks and other corporations invest and conduct business in communities in a just and equitable manner.

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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 $2,393,813
Program Service Revenue $26,550
Investment Income $47,569
Other Revenue $9,093
TOTAL REVENUE $2,477,025

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,309,348
Fundraising Expenses $138,718
Program Expenses $2,734,294
Other Expenses $686,982
TOTAL EXPENSES $2,996,330

Year-over-Year Comparison

2024 2023 Change
Revenue $2,477,025 $3,037,746 -0.2%
Expenses $2,996,330 $2,807,775 +0.1%
Net Income $-519,305 $229,971 -3.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
22
Volunteers
10

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
7
$508,156
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paulina Gonzalez-Brito CEO 40.00
Officer
$208,139 $27,263 $235,402
Kevin Stein Chief of Legal 40.00
$149,931 $25,856 $175,787
Brian Maxey CCO 40.00
$127,671 $15,562 $143,233
John Hoffman CDO 40.00
Officer
$126,741 $15,605 $142,346
Jyotswaroop Bawa Chief of Organizin 40.00
$117,266 $23,310 $140,576
Jose Olivas CFO 40.00
Officer
$107,873 $22,535 $130,408
Chancela Al-Mansour Board Chair 0.50
Officer Director
$0 $0 $0
Elbe Serrano Vice Chair 0.50
Officer Director
$0 $0 $0
Jillian Spindle Treasurer 0.50
Officer Director
$0 $0 $0
Vanessa Carter Fahnestock Secretary 0.50
Officer Director
$0 $0 $0
Steph Carroll Board Member 0.25
Director
$0 $0 $0
Nikki Beasley Board Member 0.25
Director
$0 $0 $0
Eric Payne Board Member 0.25
Director
$0 $0 $0
Herman Barahona Board Member 0.25
Director
$0 $0 $0
Joe Ridout Board Member 0.25
Director
$0 $0 $0
Kendra Noel Lewis Board Member 0.25
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 $2,477,025 $2,996,330 $3,341,061 $-519,305
2023 $3,037,746 $2,807,775 $3,756,707 $229,971
2022 $1,187,930 $2,437,182 $4,631,946 $-1,249,252
2021 $5,671,310 $3,347,047 $5,967,984 $2,324,263
2020 $2,124,133 $2,040,655 $2,866,769 $83,478
2019 $2,168,737 $1,189,258 $2,154,733 $979,479
2018 $1,229,534 $1,089,898 $1,137,210 $139,636
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