Rise Education Schools Inc
Rise Education Schools Inc. consistently reports zero officer compensation amidst stable revenue growth and increasing assets.
EIN: 204731861 · West Palm Beach, FL · NTEE: B29 · Updated: 2026-03-28
Is Rise Education Schools Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rise Education Schools Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rise Education Schools Inc
Rise Education Schools Inc (EIN: 204731861) is a nonprofit organization based in West Palm Beach, FL, classified under NTEE code B29. The organization reported total revenue of $4.4M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rise Education Schools Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rise Education Schools Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Rise Education Schools Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation directly from the organization, which is highly unusual for an organization of this size and suggests either a volunteer leadership model or compensation through an unstated mechanism.
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 Education Schools Inc's IRS 990 filings:
- Consistent 0% officer compensation, which is unusual for an organization of this size and warrants further investigation into how leadership is compensated or sustained.
Strengths
The following positive indicators were identified for Rise Education Schools Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds towards programmatic activities.
- Healthy growth in assets from $140,947 in 2015 to $1,183,740 in 2023, demonstrating financial stability and capacity.
- Stable revenue growth over the past decade, indicating consistent support and operational capacity.
- Clear alignment between NTEE code (B29 - Elementary & Secondary Education) and organizational name, suggesting a focused mission.
Frequently Asked Questions about Rise Education Schools Inc
Is Rise Education Schools Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rise Education Schools Inc (EIN: 204731861) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Rise Education Schools Inc spend its money?
Rise Education Schools Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rise Education Schools Inc tax-deductible?
Rise Education Schools Inc is registered as a tax-exempt nonprofit (EIN: 204731861). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Rise Education Schools Inc. compensate its leadership if officer compensation is consistently reported as zero?
The consistent reporting of 0% officer compensation across all filings for Rise Education Schools Inc. suggests that its leadership may be entirely volunteer-based, or compensated through an affiliated entity, or through other means not categorized as 'officer compensation' on the 990 form. This practice, while indicating a potential dedication to mission, warrants further inquiry for complete financial transparency.
What is the primary source of Rise Education Schools Inc.'s revenue?
Based on the NTEE code B29 (Elementary & Secondary Education) and typical revenue streams for such organizations, it is highly probable that the primary source of revenue for Rise Education Schools Inc. comes from tuition fees, government grants, or a combination of both, given its role as an educational institution.
Has Rise Education Schools Inc. experienced significant financial instability?
While Rise Education Schools Inc. has had periods where expenses slightly exceeded revenue (e.g., 2023, 2022, 2019, 2015, 2014), these appear to be manageable fluctuations within a broader trend of stable revenue growth and increasing assets, indicating no significant long-term financial instability.
Filing History
IRS 990 filing history for Rise Education Schools Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rise Education Schools Inc's revenue has grown by 0.7%, moving from $3.2M to $3.2M. Total assets increased by 138.3% over the same period, from $497K to $1.2M. Total functional expenses rose by 9.7%, from $3.1M to $3.4M. In its most recent filing year (2023), Rise Education Schools Inc reported a deficit of $221K, with expenses exceeding revenue. The organization holds $812K in liabilities against $1.2M in assets (debt-to-asset ratio: 68.6%), resulting in net assets of $371K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $3.4M | $1.2M | $812K | — | View 990 |
| 2022 | $3.1M | $3.2M | $1.1M | $510K | — | View 990 |
| 2021 | $3.3M | $2.9M | $1.1M | $295K | — | View 990 |
| 2020 | $2.9M | $2.8M | $947K | $470K | — | View 990 |
| 2019 | $2.7M | $2.7M | $512K | $118K | — | View 990 |
| 2018 | $2.6M | $2.5M | $448K | $31K | — | View 990 |
| 2017 | $2.6M | $2.3M | $451K | $50K | — | View 990 |
| 2016 | $2.3M | $2.1M | $217K | $97K | — | View 990 |
| 2015 | $2.2M | $2.3M | $141K | $172K | — | View 990 |
| 2014 | $4.4M | $4.7M | $435K | $575K | — | View 990 |
| 2013 | $4.5M | $4.6M | $494K | $358K | — | View 990 |
| 2012 | $3.0M | $3.0M | $335K | $123K | — | View 990 |
| 2011 | $3.2M | $3.1M | $497K | $281K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $3.4M, and assets of $1.2M (revenue +3.1% year-over-year).
- 2022: Revenue of $3.1M, expenses of $3.2M, and assets of $1.1M (revenue -6.2% year-over-year).
- 2021: Revenue of $3.3M, expenses of $2.9M, and assets of $1.1M (revenue +16.2% year-over-year).
- 2020: Revenue of $2.9M, expenses of $2.8M, and assets of $947K (revenue +6.2% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.7M, and assets of $512K (revenue +5.9% year-over-year).
- 2018: Revenue of $2.6M, expenses of $2.5M, and assets of $448K (revenue -0.2% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.3M, and assets of $451K (revenue +12.9% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.1M, and assets of $217K (revenue +2.7% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.3M, and assets of $141K (revenue -50.0% year-over-year).
- 2014: Revenue of $4.4M, expenses of $4.7M, and assets of $435K (revenue -2.1% year-over-year).
- 2013: Revenue of $4.5M, expenses of $4.6M, and assets of $494K (revenue +51.9% year-over-year).
- 2012: Revenue of $3.0M, expenses of $3.0M, and assets of $335K (revenue -7.4% year-over-year).
- 2011: Revenue of $3.2M, expenses of $3.1M, and assets of $497K.
Data Sources and Methodology
This transparency report for Rise Education Schools 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.