Way To Rise
EIN: 883300694 · Washington, DC · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $13.8M |
| Total Expenses | $14.6M |
| Net Assets | $11.7M |
Is Way To Rise Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Way To Rise
Way To Rise (EIN: 883300694) is a nonprofit organization based in Washington, DC, classified under NTEE code B82. The organization reported total revenue of $13.8M and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Way To Rise's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Way To Rise is a large nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 588.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23.0M |
| Total Expenses | $14.6M |
| Surplus / Deficit | +$8.4M |
| Total Assets | $11.8M |
| Total Liabilities | $68K |
| Net Assets | $11.7M |
| Operating Margin | 36.5% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2023, Way To Rise reported a surplus of $8.4M with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Way To Rise's revenue has grown at a compound annual growth rate (CAGR) of 588.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +588.6% | — | +31.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Way To Rise has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Way To Rise with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Way To Rise
Is Way To Rise a legitimate charity?
Way To Rise (EIN: 883300694) is a registered tax-exempt nonprofit based in Washington DC. It has 2 years of IRS 990 filings on record. Total revenue: $13.8M. No red flags identified. Financial health grade: A.
How does Way To Rise spend its money?
Way To Rise reported $13.8M in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Way To Rise tax-deductible?
Way To Rise is registered as a tax-exempt nonprofit (EIN: 883300694). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Way To Rise located?
Way To Rise is headquartered in Washington, Washington DC and files with the IRS under EIN 883300694. It is classified under NTEE code B82.
How many years of IRS 990 filings does Way To Rise have?
Way To Rise has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $13.8M in total revenue.
Filing History
IRS 990 filing history for Way To Rise showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Way To Rise's revenue has grown by 588.6%, moving from $3.3M to $23.0M. Total assets increased by 31.3% over the same period, from $9.0M to $11.8M. In its most recent filing year (2023), Way To Rise reported a surplus of $8.4M, with revenue exceeding expenses. The organization holds $68K in liabilities against $11.8M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $11.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23.0M | $14.6M | $11.8M | $68K | — | — |
| 2022 | $3.3M | $0 | $9.0M | $5.6M | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Way To Rise:
Data Sources and Methodology
This transparency report for Way To Rise 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.