San Francisco, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
The Organization works to build an inclusive and fair economy that meets the needs of low-income communities and communities of color by disrupting systems of oppression. The Organization is the largest statewide community reinvestment coalition in the country, with over 300 member organizations across California that provide services to thousands of Californians. The members include affordable housing developers, community development financial institutions, housing counseling agencies, small business technical assistance providers, legal services agencies, and community-based organizations.
Resilience FundThe Resilience Loan Fund bolsters the lending capacity of emerging and aspiring nonprofit Community Development Financial Institutions (CDFIs). Born out of a community response to the...
Resilience FundThe Resilience Loan Fund bolsters the lending capacity of emerging and aspiring nonprofit Community Development Financial Institutions (CDFIs). Born out of a community response to the lack of government and inadequate financial institution pandemic support and the financial hardships experienced by communities of color during the COVID pandemic, we launched the Resilience Fund in 2021. To date, the Resilience Fund has provided a cohort of 11 BIPOC-led emerging CDFIs with grant funding, capacity building, technical assistance, and peer learning to help them progress along their journey toward CDFI certification. Our Resilience Fund Cohort Members serve thousands of low-income small business owners and micro-entrepreneurs across a diverse geographical span of 22 counties in the San Francisco Bay Area, Southern California, Inland Empire, and Central Valley. In 2024, Rise Economy started an LLC the Rise Economy Resilience Loan Fund - as the future direction of this initiative and our strategic solution to the capital deficit faced by our Cohort Members. To qualify for CDFI certification, applicants must demonstrate their capacity to manage a loan portfolio of $100,000 to $250,000. Our primary objective, therefore, is to make capital available to our current cohort of 11 emerging or aspiring CDFIs to build consumer, micro and small business loan funds. Should additional lending capital remain, we will extend our support to other fledgling CDFIs in California. The fund pools resources from banks, foundations, and other philanthropic partners in order to provide operating grants and forgivable loans or investments. Rise Economy manages the Resilience Loan Fund, with governance by a seasoned Loan Committee that evaluates and approves all loan applications.
Advancing CitiesFrom 2020-2024, Rise Economy leveraged the knowledge and expertise of our Economic Wellness Promotores to spearhead our participation in the Open Air Economy Collaborative, an...
Advancing CitiesFrom 2020-2024, Rise Economy leveraged the knowledge and expertise of our Economic Wellness Promotores to spearhead our participation in the Open Air Economy Collaborative, an LA-based partnership between Inclusive Action for the City, East LA Community Corporation, Public Counsel and Rise Economy. Supported by a three-year Advancing Cities grant from JP Morgan Chase, this innovative program provided holistic business support in the form of capital, business coaching, legal assistance and financial education to Black and Latinx street vendors and other micro-entrepreneurs.
Housing JusticeRise Economy advances campaigns that will increase BIPOC communities access to low-cost capital for affordable housing, hold corporate landlords accountable for tenant protections, and...
Housing JusticeRise Economy advances campaigns that will increase BIPOC communities access to low-cost capital for affordable housing, hold corporate landlords accountable for tenant protections, and address the growing insurability crisis that threatens to derail progress on affordable housing throughout the state. Rise Economys current work boldly shifts the narrative - centering corporate accountability in tackling Californias housing and climate crises, and advancing policy strategies to increase banking sector investment in affordable housing and BIPOC homeownership. These strategies, described below, can generate significant resources and data to address the state's affordable housing crisis, stabilize neighborhoods, and build climate resilience. Rise Economys current affordable housing-related campaigns and projects include:- State Community Reinvestment Act (CA CRA): Rise Economy and its members are leading a statewide organizing effort to establish a California Community Reinvestment Act. We estimate that the financial institutions not currently subject to federal CRA obligations have the potential to reinvest upwards of $15.3 billion per year for affordable housing and economic development in California. In 2024 Rise published a policy brief and is currently building support for a policy campaign for the California CRA.- LLC Owner Transparency: Increasing consolidation of rental property ownership in shell companies is creating regional real estate monopolies. Investors with all-cash offers outbid first-time homebuyers and small landlords, robbing families of opportunities to build intergenerational wealth. Large entities are worse landlords and aggressive evictors of tenants, and their business model disincentivizes upkeep of properties - allowing the already limited affordable housing stock to fall into disrepair and code violations. Without requiring disclosure of the name of the company owner, California inadvertently shields powerful bad actors in the rental market. Rise Economy is building a strong coalition of allies to join the push for LLC ownership transparency. - Financing for Community Land Trusts: In recent years we have partnered with the California Community Land Trust Network to negotiate $65M in bank commitments to CLTs. A current priority is partnering with the Community Ownership for Community Power Fund, brokering conversations with banks to invest some of these CLT commitments through COCPs Integrated Capital Fund.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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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