Rise And Walk Foundation Inc
Rise And Walk Foundation Inc. faces consistent operating deficits and declining assets.
EIN: 203402053 · Bridgeport, CT · NTEE: Q32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $56K |
| Total Expenses | $36K |
| Program Spending | 70% |
| Net Assets | $148K |
| Transparency Score | 55/100 |
Is Rise And Walk Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rise And Walk Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Rise And Walk Foundation Inc
Rise And Walk Foundation Inc (EIN: 203402053) is a nonprofit organization based in Bridgeport, CT, classified under NTEE code Q32. The organization reported total revenue of $56K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rise And Walk Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rise And Walk Foundation Inc is a micro nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $36K |
| Surplus / Deficit | $-13,612 |
| Total Assets | $148K |
| Net Assets | $148K |
| Operating Margin | -59.8% |
| Months of Reserves | 48.9 months |
Financial Health Grade: B
In 2023, Rise And Walk Foundation Inc reported a deficit of $14K with expenses exceeding revenue, holds 48.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Rise And Walk Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 25.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.2% | +2.6% | -8.4% |
| 2021 | -100.0% | -100.0% | -100.0% |
| 2019 | -46.6% | -29.8% | +9.9% |
| 2018 | -46.6% | -17.3% | +9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rise And Walk Foundation Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Rise And Walk Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its executives, which is a positive sign for donor confidence and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Rise And Walk Foundation Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023, 2022)
- Declining asset base from $188,611 in 2019 to $148,149 in 2023
- Significant revenue volatility, including a year with $0 revenue and expenses (2021)
Strengths
The following positive indicators were identified for Rise And Walk Foundation Inc:
- Zero reported officer compensation, indicating efficient use of funds for leadership
- Consistently reports zero liabilities, suggesting good debt management
- Long filing history (12 filings) indicates consistent compliance with IRS reporting requirements
Frequently Asked Questions about Rise And Walk Foundation Inc
Is Rise And Walk Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rise And Walk Foundation Inc (EIN: 203402053) some concerns. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
How does Rise And Walk Foundation Inc spend its money?
Rise And Walk Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rise And Walk Foundation Inc tax-deductible?
Rise And Walk Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203402053). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rise And Walk Foundation Inc's spending goes to programs?
Rise And Walk Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Rise And Walk Foundation Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Rise And Walk Foundation Inc is near average for NTEE category Q32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rise And Walk Foundation Inc located?
Rise And Walk Foundation Inc is headquartered in Bridgeport, Connecticut and files with the IRS under EIN 203402053. It is classified under NTEE code Q32.
How many years of IRS 990 filings does Rise And Walk Foundation Inc have?
Rise And Walk Foundation Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $56K in total revenue.
Is Rise And Walk Foundation Inc. financially sustainable?
Based on recent filings, the organization is not financially sustainable, as expenses have consistently exceeded revenue in recent years (e.g., $36,365 expenses vs. $22,753 revenue in 2023), leading to a decline in assets.
What is the trend in the organization's assets?
The organization's assets have generally declined in recent years, from a peak of $188,611 in 2019 to $148,149 in 2023, suggesting a draw-down on reserves.
How does the organization manage executive compensation?
Rise And Walk Foundation Inc. reports 0% officer compensation in all available filings, indicating a commitment to directing funds towards its mission rather than executive salaries.
Why was there zero revenue and expenses in 2021?
The filing for Period 202112 shows $0 revenue and $0 expenses, with assets of $1. This could indicate a period of inactivity, a reporting anomaly, or a very minimal operational year, which warrants further investigation.
Filing History
IRS 990 filing history for Rise And Walk Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Rise And Walk Foundation Inc's revenue has grown by 1483.4%, moving from $1K to $23K. Total assets increased by 352.7% over the same period, from $33K to $148K. Total functional expenses rose by 274.7%, from $10K to $36K. In its most recent filing year (2023), Rise And Walk Foundation Inc reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23K | $36K | $148K | $0 | — | View 990 |
| 2022 | $17K | $35K | $162K | $0 | — | View 990 |
| 2021 | $0 | $0 | $1 | $0 | — | — |
| 2019 | $14K | $4K | $189K | $0 | — | View 990 |
| 2018 | $26K | $5K | $172K | $0 | — | View 990 |
| 2017 | $48K | $7K | $157K | $0 | — | View 990 |
| 2016 | $20K | $4K | $116K | $94 | — | View 990 |
| 2015 | $15K | $4K | $100K | $55 | — | View 990 |
| 2014 | $2K | $10K | $93K | $0 | — | View 990 |
| 2013 | $166K | $9K | $101K | $0 | — | View 990 |
| 2012 | $202K | $11K | $98K | $0 | — | View 990 |
| 2011 | $1K | $10K | $33K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23K, expenses of $36K, and assets of $148K (revenue +30.2% year-over-year).
- 2022: Revenue of $17K, expenses of $35K, and assets of $162K.
- 2021: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2019: Revenue of $14K, expenses of $4K, and assets of $189K (revenue -46.6% year-over-year).
- 2018: Revenue of $26K, expenses of $5K, and assets of $172K (revenue -46.6% year-over-year).
- 2017: Revenue of $48K, expenses of $7K, and assets of $157K (revenue +145.2% year-over-year).
- 2016: Revenue of $20K, expenses of $4K, and assets of $116K (revenue +28.6% year-over-year).
- 2015: Revenue of $15K, expenses of $4K, and assets of $100K (revenue +611.7% year-over-year).
- 2014: Revenue of $2K, expenses of $10K, and assets of $93K (revenue -98.7% year-over-year).
- 2013: Revenue of $166K, expenses of $9K, and assets of $101K (revenue -18.1% year-over-year).
- 2012: Revenue of $202K, expenses of $11K, and assets of $98K (revenue +13955.9% year-over-year).
- 2011: Revenue of $1K, expenses of $10K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rise And Walk Foundation Inc:
Data Sources and Methodology
This transparency report for Rise And Walk Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.