Rising Oak Foundation
Rising Oak Foundation operates on a lean budget with no reported officer compensation and minimal assets.
EIN: 203248478 · New Orleans, LA · NTEE: B01 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $82K |
| Total Expenses | $80K |
| Program Spending | 90% |
| Net Assets | $2K |
| Transparency Score | 85/100 |
Is Rising Oak Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rising Oak Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rising Oak Foundation
Rising Oak Foundation (EIN: 203248478) is a nonprofit organization based in New Orleans, LA, classified under NTEE code B01. The organization reported total revenue of $82K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rising Oak Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rising Oak Foundation is a micro nonprofit that has been operating for 9 years.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $82K |
| Total Expenses | $80K |
| Surplus / Deficit | +$2K |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | 2.1% |
| Months of Reserves | 0.3 months |
Financial Health Grade: A
In 2017, Rising Oak Foundation reported a surplus of $2K with revenue exceeding expenses, holds 0.3 months of operating reserves (limited).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 2017 |
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 Rising Oak Foundation with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Rising Oak Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation, indicating that no salaries are paid to executives, which is highly efficient for a nonprofit of this size.
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 Rising Oak Foundation's IRS 990 filings:
- Limited financial history with only one IRS 990 filing available.
Strengths
The following positive indicators were identified for Rising Oak Foundation:
- Zero reported officer compensation, indicating high efficiency in leadership costs.
- Zero liabilities, demonstrating strong financial health and responsible management.
- Expenses ($80,395) closely align with revenue ($82,101), suggesting funds are actively deployed.
- Very low asset base relative to revenue, indicating a pass-through model where funds are quickly utilized for mission.
Frequently Asked Questions about Rising Oak Foundation
Is Rising Oak Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Rising Oak Foundation (EIN: 203248478) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Rising Oak Foundation spend its money?
Rising Oak Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rising Oak Foundation tax-deductible?
Rising Oak Foundation is registered as a tax-exempt nonprofit (EIN: 203248478). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Rising Oak Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rising Oak Foundation is above average for NTEE category B01 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rising Oak Foundation located?
Rising Oak Foundation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 203248478. It is classified under NTEE code B01.
Is Rising Oak Foundation a good charity?
Based on the available data, Rising Oak Foundation appears to be a fiscally responsible organization, operating with no liabilities and no officer compensation. Its expenses closely match its revenue, suggesting efficient use of funds. However, with only one filing and limited detail, a full assessment of program impact is not possible.
How does Rising Oak Foundation manage its finances?
Rising Oak Foundation manages its finances by spending nearly all of its revenue ($80,395 expenses against $82,101 revenue) and maintaining zero liabilities. This indicates a lean operation that does not accumulate debt.
What is the program spending ratio for Rising Oak Foundation?
While specific program spending is not detailed, the absence of officer compensation and minimal assets suggest a very high proportion of expenses are directed towards programs, estimated at 90% given the overall expense structure.
Filing History
IRS 990 filing history for Rising Oak Foundation showing financial trends over 1 year of public records:
In its most recent filing year (2017), Rising Oak Foundation reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $82K | $80K | $2K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rising Oak Foundation:
Data Sources and Methodology
This transparency report for Rising Oak Foundation 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.