NEW RISING VENTURES (EIN 991777494) - Form 990 Financial Analysis & Trantor Score

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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

2024

Legal Domicile

Principal Officer

JESSICA SALINAS

Phone

5108661006

Tax Period

2025-01-01 to 2025-12-31

NEW RISING VENTURES, founded in 2024, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $735K in total revenue in fiscal year 2025. Revenue surged 102% from the prior year, signaling strong growth momentum. Expenses of $969K exceeded revenue, resulting in a 32% operating deficit.

Mission

NEW RISING VENTURES SUPPORTS EARLY-STAGE, NONPARTISAN ENTREPRENEURS AND ACTIVISTS TRANSFORMING OUR DEMOCRACY THROUGH INNOVATION AND BRIDGES A CRITICAL GAP NOT FULFILLED BY TRADITIONAL GRANT-MAKERS OR VENTURE CAPITAL. OUR SIGNATURE FOUR ACTIVITIES INCLUDE INVESTMENTS AND GRANTMAKING, PORTFOLIO SUPPORT, FIELD BUILDING, AND CONVENINGS.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $735,300

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $735,300

Expense Breakdown

Grants Paid $0

Salaries & Benefits $667,263

Fundraising Expenses $238,084

Program Expenses $614,604

Other Expenses $302,167

TOTAL EXPENSES $969,430

Year-over-Year Comparison

	2025	2024	Change
Revenue	$735,300	$363,166	+1.0%
Expenses	$969,430	$218	+4445.9%
Net Income	$-234,130	$362,948	-1.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$318,316

Total Directors

$159,309

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA SALINAS	CO-PRESIDENT	29.47	Officer Director	$145,447	$13,862	$159,309
PHILLIP SANDERS	CO-PRESIDENT	29.47	Officer	$145,450	$13,557	$159,007
DANIEL FORKKIO	SECRETARY &	1.00	Officer Director	$0	$0	$0
CARLISSIA GRAHAM	TREASURER &	1.00	Officer Director	$0	$0	$0
HAYWOOD L PERRY III	BOARD	1.00	Director	$0	$0	$0
AARON MITCHELL	BOARD	1.00	Director	$0	$0	$0
MEL OCHOA	BOARD	1.00	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
2025	$735,300	$969,430	$213,591	$-234,130
2024	No data	No data	No data	No data

NEW RISING VENTURES