Rise Foundation Inc
Rise Foundation Inc. consistently operates at a deficit, with expenses frequently exceeding revenue and assets declining over the past decade.
EIN: 203992108 · Bowling Green, KY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $41K |
| Total Expenses | $57K |
| Program Spending | 70% |
| Net Assets | $158K |
| Transparency Score | 45/100 |
Is Rise Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rise Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Rise Foundation Inc
Rise Foundation Inc (EIN: 203992108) is a nonprofit organization based in Bowling Green, KY, classified under NTEE code T22. The organization reported total revenue of $41K and total assets of $141K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rise Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rise Foundation Inc is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $57K |
| Surplus / Deficit | $-31,205 |
| Total Assets | $158K |
| Total Liabilities | $1 |
| Net Assets | $158K |
| Operating Margin | -119.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 33.2 months |
Financial Health Grade: B
In 2023, Rise Foundation Inc reported a deficit of $31K with expenses exceeding revenue, holds 33.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Rise Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +303.8% | +146.0% | -16.5% |
| 2022 | -75.2% | -20.1% | -8.2% |
| 2021 | +13.6% | +0.2% | -1.5% |
| 2020 | +133.5% | +1031.4% | -2.8% |
| 2019 | -18.7% | -87.5% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Foundation Inc with a Mission Score of 45 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 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 $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a positive for minimizing overhead.
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 Foundation Inc's IRS 990 filings:
- Persistent operating deficits, with expenses frequently exceeding revenue (e.g., $57,242 expenses vs. $26,037 revenue in 2023).
- Consistent decline in total assets over the past decade, from $334,209 in 2011 to $158,307 in 2023.
- Lack of detailed expense breakdown in the provided data makes it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for Rise Foundation Inc:
- Reports 0% officer compensation across all available filings, indicating low executive overhead.
- Maintains minimal liabilities, with $1 reported in 2023 and 2022, suggesting good debt management.
Frequently Asked Questions about Rise Foundation Inc
Is Rise Foundation Inc a legitimate charity?
Rise Foundation Inc (EIN: 203992108) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $41K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Rise Foundation Inc spend its money?
Rise Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Rise Foundation Inc tax-deductible?
Rise Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203992108). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rise Foundation Inc's spending goes to programs?
Rise Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Rise Foundation Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Rise Foundation Inc is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rise Foundation Inc located?
Rise Foundation Inc is headquartered in Bowling Green, Kentucky and files with the IRS under EIN 203992108. It is classified under NTEE code T22.
How many years of IRS 990 filings does Rise Foundation Inc have?
Rise Foundation Inc has 10 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 $41K in total revenue.
How does Rise Foundation Inc. cover its consistent operating deficits?
The organization appears to be covering its deficits by drawing down its assets, which have decreased from $334,209 in 2011 to $158,307 in 2023.
What are the primary programs and activities of Rise Foundation Inc.?
The provided IRS 990 data does not detail specific programs or activities, making it difficult to assess the impact of its spending.
What is the long-term financial sustainability outlook for Rise Foundation Inc. given its declining assets and persistent deficits?
Without a significant increase in revenue or a substantial reduction in expenses, the current financial trajectory suggests long-term sustainability challenges for the organization.
Filing History
IRS 990 filing history for Rise Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Rise Foundation Inc's revenue has grown by 102%, moving from $13K to $26K. Total assets decreased by 52.6% over the same period, from $334K to $158K. Total functional expenses rose by 1347%, from $4K to $57K. In its most recent filing year (2023), Rise Foundation Inc reported a deficit of $31K, with expenses exceeding revenue. The organization holds $1 in liabilities against $158K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $158K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $57K | $158K | $1 | — | — |
| 2022 | $6K | $23K | $190K | $1 | — | View 990 |
| 2021 | $26K | $29K | $206K | $1 | — | — |
| 2020 | $23K | $29K | $209K | $1 | — | View 990 |
| 2019 | $10K | $3K | $216K | $1 | — | View 990 |
| 2015 | $12K | $21K | $207K | $0 | — | View 990 |
| 2014 | $12K | $6K | $216K | $0 | — | View 990 |
| 2013 | $31K | $63K | $210K | $0 | — | View 990 |
| 2012 | $26K | $120K | $241K | $0 | — | View 990 |
| 2011 | $13K | $4K | $334K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26K, expenses of $57K, and assets of $158K (revenue +303.8% year-over-year).
- 2022: Revenue of $6K, expenses of $23K, and assets of $190K (revenue -75.2% year-over-year).
- 2021: Revenue of $26K, expenses of $29K, and assets of $206K (revenue +13.6% year-over-year).
- 2020: Revenue of $23K, expenses of $29K, and assets of $209K (revenue +133.5% year-over-year).
- 2019: Revenue of $10K, expenses of $3K, and assets of $216K (revenue -18.7% year-over-year).
- 2015: Revenue of $12K, expenses of $21K, and assets of $207K (revenue -0.5% year-over-year).
- 2014: Revenue of $12K, expenses of $6K, and assets of $216K (revenue -61.5% year-over-year).
- 2013: Revenue of $31K, expenses of $63K, and assets of $210K (revenue +20.4% year-over-year).
- 2012: Revenue of $26K, expenses of $120K, and assets of $241K (revenue +103.0% year-over-year).
- 2011: Revenue of $13K, expenses of $4K, and assets of $334K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rise Foundation Inc:
Data Sources and Methodology
This transparency report for Rise 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.