Civic Intelligence

Rhode Islanders Sponsoring Education

990 • Fiscal year 2012 • EIN 06-1470525

Jul 01, 2011 to Jun 30, 2012 • Filed on May 07, 2013

Organization ProfileN/A
143 Prairie Avenue02905
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

45th percentile

0.03x

Higher debt load relative to assets than 45% of similar nonprofits.

2012 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

10th percentile

-19%

Faster asset growth than 10% of similar nonprofits.

2012 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets45th percentile

Assets

Down

$491,624

Down $114,970 (-19%) from 2011

Net Assets

Down

$474,760

Down $102,353 (-18%) from 2011

Liabilities

Down

$16,864

Down $12,617 (-43%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$511,121

Down $265,822 (-34%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2011: $606,594Liabilities 2011: $29,481Net Assets 2011: $577,1132011Assets 2012: $491,624Liabilities 2012: $16,864Net Assets 2012: $474,7602012Assets 2013: $298,643Liabilities 2013: $25,219Net Assets 2013: $273,4242013Assets 2014: $218,828Liabilities 2014: $25,849Net Assets 2014: $192,9792014Assets 2015: $243,979Liabilities 2015: $18,388Net Assets 2015: $225,5912015Assets 2016: $281,123Liabilities 2016: $17,783Net Assets 2016: $263,3402016Assets 2017: $286,774Liabilities 2017: $23,331Net Assets 2017: $263,4432017Assets 2018: $304,680Liabilities 2018: $19,884Net Assets 2018: $284,7962018Assets 2019: $312,062Liabilities 2019: $5,154Net Assets 2019: $306,9082019Assets 2020: $338,100Liabilities 2020: $4,229Net Assets 2020: $333,8712020Assets 2021: $522,585Liabilities 2021: $1,073Net Assets 2021: $521,5122021Assets 2022: $585,686Liabilities 2022: $9,622Net Assets 2022: $576,0642022Assets 2023: $627,517Liabilities 2023: $217Net Assets 2023: $627,3002023Assets 2024: $701,533Liabilities 2024: $6,724Net Assets 2024: $694,8092024

Highlighted filing

2012

Assets$491,624
Liabilities$16,864
Net Assets$474,760
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $642,788Expenses 2011: $776,943Net Income 2011: -$134,1552011Expenses 2012: $511,1212012Revenue 2013: $239,902Expenses 2013: $439,462Net Income 2013: -$199,5602013Revenue 2014: $241,115Expenses 2014: $353,228Net Income 2014: -$112,1132014Revenue 2015: $356,377Expenses 2015: $332,830Net Income 2015: $23,5472015Revenue 2016: $457,551Expenses 2016: $411,354Net Income 2016: $46,1972016Revenue 2017: $543,434Expenses 2017: $564,172Net Income 2017: -$20,7382017Revenue 2018: $387,251Expenses 2018: $380,324Net Income 2018: $6,9272018Revenue 2019: $405,566Expenses 2019: $395,981Net Income 2019: $9,5852019Revenue 2020: $392,030Expenses 2020: $379,688Net Income 2020: $12,3422020Revenue 2021: $425,004Expenses 2021: $302,984Net Income 2021: $122,0202021Revenue 2022: $496,055Expenses 2022: $392,639Net Income 2022: $103,4162022Revenue 2023: $557,247Expenses 2023: $528,468Net Income 2023: $28,7792023Revenue 2024: $570,210Expenses 2024: $536,549Net Income 2024: $33,6612024

Highlighted filing

2012

Revenue-
Expenses$511,121
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
May 7, 2013
Return Version
2011v1.5
Gross Receipts
$550,907
Mission and Program Overview

Mission

To provide scholarships and mentoring

Filing and Contact Details

Filer

EIN
06-1470525
Raw XML AppendixShowing 400 of 590 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDescription0TO PROVIDE FINANCIAL AND PERSONAL SUPPORT FOR DISADVANTAGED YOUTH TO ATTEND PRIVATE AND PAROCHIAL MIDDLE AND HIGH SCHOOLS IN RI.
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IRS990/Description0APPROXIMATELY 150 STUDENTS ARE INVOLVED IN THE ORGANIZATION'S PROGRAM THAT PROVIDES EDUCATIONAL OPPORTUNITIES AND MENTORING TO CHILDREN OF INCARCERATED PARENTS. THE ORGANIZATION PROVIDES TUITION ASSISTANCE FOR QUALIFYING CHILDREN TO ATTEND SMALL PRIVATE SCHOOLS WITH AN ACADEMIC CURRICULUM, HIGH EXPECTATIONS AND A COMMITMENT TO CARING, COMPASSION AND CHARACTER BUILDING. DURING THE YEAR ENDED JUNE 30, 2012, THE RISE BOARD VOTED TO AWARD SCHOLARSHIPS MOVING FORWARD TO HIGH SCHOOL STUDENTS ONLY WHILE MAINTAINING CURRENT COMMITMENTS TO MIDDLE SCHOOL STUDENTS IN THE PROGRAM. THE ORGANIZATION ACCEPTED 5 NEW STUDENTS INTO THE SCHOLARSHIP PROGRAM AND 4 CURRENT PROGRAM 8TH GRADERS CONTINUED ON TO HIGH SCHOOL WITH SCHOLARSHIPS MAKING THE INCOMING CLASS OF 9TH GRADERS GOING INTO THE YEAR ENDING JUNE 30, 2013, TOTAL 9 STUDENTS. FOURTEEN GRADUATES DURING THE YEAR ENDED JUNE 30, 2012, BRING THE TOTAL NUMBER OF RISE SCHOLARSHIP GRADUATES TO 65. NEW GRADUATES COUPLED WITH THE SIZE OF THE INCOMING CLASS AND THE NUMBER OF 8TH GRADERS CHOOSING PUBLIC OR CHARTER SCHOOL OPTIONS WILL REDUCE THE RISE SCHOLARSHIP PROGRAM FROM 53 STUDENTS DURING THE YEAR ENDED JUNE 30, 2012, TO 33 STUDENTS DURING THE YEAR ENDING JUNE 30, 2013.AT THE SAME TIME, THE DONOR'S CONTRIBUTION TOWARDS A STUDENT'S TUITION, WHICH HAS BEEN $3,500, WAS RAISED TO $4,000 PER YEAR BY A BOARD DECISION DUE TO RISING TUITION COSTS. ALTHOUGH THERE IS NO LEGALLY BINDING CONTRACT, THE ORGANIZATION COMMITS TO A 4 YEAR $4,000 HIGH SCHOOL SCHOLARSHIP GIVEN ACCEPTED STUDENTS MAINTAIN A HIGH LEVEL OF ACADEMIC INTEGRITY. THIS IS ACHIEVED THROUGH ONE ON ONE SPONSOR MATCHES, A GENERAL SCHOLARSHIP FUND, AND AN ANNUAL 4% DRAW ON THE ENDOWMENT.AT JUNE 30, 2012, THE ORGANIZATION WAS SUPPORTING THE FOLLOWING CHILDREN WITH SCHOLARSHIPS (PER GRADE ENTERING IN SEPTEMBER 2011): 6TH GRADE - 3 CHILDREN; 7TH GRADE - 1 CHILD; 8TH GRADE - 18 CHILDREN; 9TH GRADE - 12 CHILDREN; 10TH GRADE - 2 CHILDREN; 11TH GRADE - 3 CHILDREN; AND 12TH GRADE - 14 CHILDREN, MAKING A GRAND TOTAL OF 53 CHILDREN.APPROXIMATELY 100 CHILDREN WERE INVOLVED IN MENTORING RELATIONSHIPS AT RISE. WHILE ONLY A HANDFUL OF SCHOLARSHIP STUDENTS HAVE MENTORS, THIS IS SET TO CHANGE AS THE BOARD SET POLICY IN THIS YEAR THAT ALL NEWLY ACCEPTED SCHOLARSHIP STUDENTS WILL, AS A CONDITION OF THEIR SCHOLARSHIP, ALSO ENGAGE IN THE MENTORING PROGRAM. FORTY-FOUR MENTORS WERE RECRUITED, SCREENED, TRAINED AND MATCHED WITH YOUTH THROUGH THE MENTORING PROGRAM. THERE ARE CURRENTLY 125 ACTIVE MENTORS VOLUNTEERING WITH RISE. VOLUNTEER HOURS CONTRIBUTED DURING THE YEAR ENDED JUNE 30, 2012, WERE APPROXIMATELY 6,000. THESE CONTRIBUTED SERVICES WERE NOT INCLUDED IN THE STATEMENT OF ACTIVITIES. FEDERAL SUPPORT FOR THE RISE MENTORING ACTIVITIES HAS ENDED, BUT DUE TO ITS PROMINENT ROLE IN THE COMMUNITY AND HIGH QUALITY REPUTATION, THE ORGANIZATION HAS BEEN ABLE TO SECURE SMALLER FOUNDATION GRANTS AND A CORPORATE SPONSORSHIP TO MAINTAIN THE PROGRAM.
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IRS990/Form990PartVIISectionA/Title0PRESIDENT
IRS990/Form990PartVIISectionA/Title1VICE PRESIDENT
IRS990/Form990PartVIISectionA/Title2TREAS, CHAIR INV. & FIN. C
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IRS990/RelatedOrgControlledEntity00
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities01
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities00
IRS990/ReportProgRelInvest00
IRS990/RevenuesLessExpensesCY0-75635
IRS990/RevenuesLessExpensesPriorYear0-134155
IRS990/SalariesEtcCurrentYear0211411
IRS990/SalariesEtcPriorYear0367201
IRS990/SavingsAndTempCashInvestments/BOY0100667
IRS990/SavingsAndTempCashInvestments/EOY020512
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear0435230
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year0618984
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years0651506
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years0704630
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years0802176
IRS990ScheduleA/GiftsGrantsContribReceived170/Total03212526
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear06098
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year06235
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years02032
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years07550
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years017418
IRS990ScheduleA/GrossInvestmentIncome170/Total039333
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc0194186
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.98790
IRS990ScheduleA/PublicSupportPertcentPriorYear00.98720
IRS990ScheduleA/PublicSupportTotal17003212526
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear0435230
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year0618984
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years0651506
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years0704630
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years0802176
IRS990ScheduleA/Total170/Total03212526
IRS990ScheduleA/TotalSupport03251859
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/BoardDesignatedEOYBalance00.69000
IRS990ScheduleD/CurrentYear/BeginningOfYearBalance0475394
IRS990ScheduleD/CurrentYear/EndOfYearBalance0371965
IRS990ScheduleD/CurrentYear/InvestmentEarningsOrLosses0-11562
IRS990ScheduleD/CurrentYearMinus1Year/BeginningOfYearBalance0446316
IRS990ScheduleD/CurrentYearMinus1Year/Contributions02122
IRS990ScheduleD/CurrentYearMinus1Year/EndOfYearBalance0475394
IRS990ScheduleD/CurrentYearMinus1Year/InvestmentEarningsOrLosses082037
IRS990ScheduleD/CurrentYearMinus1Year/OtherExpenditures055081
IRS990ScheduleD/CurrentYearMinus2Years/BeginningOfYearBalance0425682
IRS990ScheduleD/CurrentYearMinus2Years/Contributions01671
IRS990ScheduleD/CurrentYearMinus2Years/EndOfYearBalance0446316
IRS990ScheduleD/CurrentYearMinus2Years/InvestmentEarningsOrLosses035620
IRS990ScheduleD/CurrentYearMinus2Years/OtherExpenditures016657
IRS990ScheduleD/CurrentYearMinus3Years/BeginningOfYearBalance0460786
IRS990ScheduleD/CurrentYearMinus3Years/Contributions0896
IRS990ScheduleD/CurrentYearMinus3Years/EndOfYearBalance0425682

Document Assets

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Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$491,624
Liabilities
$16,864
Net assets
$474,760
Revenue
-
Expenses
$511,121
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.02$0.07$6.95$5.70$5.37$0.34
2023Detailed filing. Detailed filing data is available for this year.$6.28$0.00$6.27$5.57$5.28$0.29
2022Detailed filing. Detailed filing data is available for this year.$5.86$0.10$5.76$4.96$3.93$1.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.23$0.01$5.22$4.25$3.03$1.22
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$0.04$3.34$3.92$3.80$0.12
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$0.05$3.07$4.06$3.96$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.05$0.20$2.85$3.87$3.80$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.87$0.23$2.63$5.43$5.64$0.21
2016Detailed filing. Detailed filing data is available for this year.$2.81$0.18$2.63$4.58$4.11$0.46
2015Summary only. Only limited summary data is available for this year.$2.44$0.18$2.26$3.56$3.33$0.24
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.19$0.26$1.93$2.41$3.53$1.12
2013Summary only. Only limited summary data is available for this year.$2.99$0.25$2.73$2.40$4.39$2.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.92$0.17$4.75$5.11
2011Summary only. Only limited summary data is available for this year.$6.07$0.29$5.77$6.43$7.77$1.34