Civic Intelligence

Leake and Watts Services Inc

EIN 13-1860451 • 501(c)3 • New York, NY

Profile

Rising ground is dedicated to supporting children, adults and families. Working together, we create strong foundations for success. We do this by providing the most vulnerable children, adults and families in the greater new york city area with resources and skills needed to rise above adversity and positively direct their lives. Our innovative and results-driven programs support individuals in the areas of education, family support, foster care, services for individuals with intellectual and developmental disabilities, and juvenile justice.

Refreshing map…

1333 Broadway Suite 8th flNew York, NY 10018

www.risingground.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

78th percentile

0.68x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

41st percentile

0.32x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2023

Net Margin

82nd percentile

28%

Higher net margin than 82% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

41st percentile

$415,055

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

86th percentile

22%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

92nd percentile

67%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Assets

Up

$123,923,963

Up $22,351,457 (+22%) from 2023

Liabilities

Up

$100,777,228

Up $32,189,549 (+47%) from 2023

Net Assets

Down

$23,146,735

Down $9,838,092 (-30%) from 2023

Revenue

Down

$207,753,642

Down $7,874,412 (-3.7%) from 2023

Expenses

Up

$206,850,568

Up $52,424,450 (+34%) from 2023

Net Income

Down

$903,074

Down $60,298,862 (-99%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0-$50MAssets 2010: $64,478,192Liabilities 2010: $55,039,310Net Assets 2010: $9,438,8822010Assets 2011: $68,681,098Liabilities 2011: $57,290,683Net Assets 2011: $11,390,4152011Assets 2012: $63,809,959Liabilities 2012: $51,385,885Net Assets 2012: $12,424,0742012Assets 2013: $63,208,336Liabilities 2013: $50,750,999Net Assets 2013: $12,457,3372013Assets 2014: $56,815,450Liabilities 2014: $44,274,707Net Assets 2014: $12,540,7432014Assets 2015: $62,979,636Liabilities 2015: $50,207,349Net Assets 2015: $12,772,2872015Assets 2016: $59,468,295Liabilities 2016: $44,646,989Net Assets 2016: $14,821,3062016Assets 2017: $59,503,004Liabilities 2017: $45,381,734Net Assets 2017: $14,121,2702017Assets 2018: $58,227,198Liabilities 2018: $44,019,803Net Assets 2018: $14,207,3952018Assets 2019: $60,635,836Liabilities 2019: $50,649,057Net Assets 2019: $9,986,7792019Assets 2020: $66,524,108Liabilities 2020: $58,173,935Net Assets 2020: $8,350,1732020Assets 2021: $71,517,149Liabilities 2021: $73,462,898Net Assets 2021: -$1,945,7492021Assets 2022: $83,365,345Liabilities 2022: $78,291,435Net Assets 2022: $5,073,9102022Assets 2023: $101,572,506Liabilities 2023: $68,587,679Net Assets 2023: $32,984,8272023Assets 2024: $123,923,963Liabilities 2024: $100,777,228Net Assets 2024: $23,146,7352024

Highlighted filing

2024

Assets$123,923,963
Liabilities$100,777,228
Net Assets$23,146,735

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300M$200M$100M$0-$100MExpenses 2010: $56,091,1492010Expenses 2011: $62,351,3392011Expenses 2012: $68,138,7882012Revenue 2013: $70,583,127Expenses 2013: $69,522,629Net Income 2013: $1,060,4982013Revenue 2014: $75,620,834Expenses 2014: $75,044,167Net Income 2014: $576,6672014Revenue 2015: $82,488,687Expenses 2015: $82,344,767Net Income 2015: $143,9202015Revenue 2016: $92,714,932Expenses 2016: $90,567,343Net Income 2016: $2,147,5892016Revenue 2017: $91,414,530Expenses 2017: $92,998,883Net Income 2017: -$1,584,3532017Revenue 2018: $99,703,592Expenses 2018: $99,768,144Net Income 2018: -$64,5522018Revenue 2019: $105,230,875Expenses 2019: $106,426,793Net Income 2019: -$1,195,9182019Revenue 2020: $119,048,414Expenses 2020: $122,678,497Net Income 2020: -$3,630,0832020Revenue 2021: $120,594,119Expenses 2021: $121,459,980Net Income 2021: -$865,8612021Revenue 2022: $129,310,965Expenses 2022: $122,262,572Net Income 2022: $7,048,3932022Revenue 2023: $215,628,054Expenses 2023: $154,426,118Net Income 2023: $61,201,9362023Revenue 2024: $207,753,642Expenses 2024: $206,850,568Net Income 2024: $903,0742024

Highlighted filing

2024

Revenue$207,753,642
Expenses$206,850,568
Net Income$903,074

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$124$101$23.1$208$207$0.90
2023Detailed filing. Detailed filing data is available for this year.$102$68.6$33.0$216$154$61.2
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$83.4$78.3$5.07$129$122$7.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$71.5$73.5$1.95$121$121$0.87
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.5$58.2$8.35$119$123$3.63
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$60.6$50.6$9.99$105$106$1.20
2018Detailed filing. Detailed filing data is available for this year.$58.2$44.0$14.2$99.7$99.8$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.5$45.4$14.1$91.4$93.0$1.58
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.5$44.6$14.8$92.7$90.6$2.15
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$63.0$50.2$12.8$82.5$82.3$0.14
2014Detailed filing. Detailed filing data is available for this year.$56.8$44.3$12.5$75.6$75.0$0.58
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.2$50.8$12.5$70.6$69.5$1.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.8$51.4$12.4$68.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.7$57.3$11.4$62.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.5$55.0$9.44$56.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 14, 2025
Return Version
2023v6.0
Gross Receipts
$225,307,569
Mission and Program Overview

Mission

Leake & watts is dedicated to supporting children, adults and families. Working together, we create strong foundations for success. We do this by providing the most vulnerable children, adults and families in the greater new york city area with resources and skills needed to rise above adversity and positively direct their lives. Our innovative and results-driven programs support individuals in the areas of education,family support, foster care, services for individuals with intellectual and developmental disabilities, and juvenile justice.

Rising ground is dedicated to supporting children, adults, and families. Working together, we create strong foundations for success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$32,806,337$43,970,256▲ $11,163,919
Land, Buildings, and Equipment, Net$11,080,602$10,222,478▼ $858,124
Cash and Non-Interest-Bearing Accounts$7,402,970$5,850,284▼ $1,552,686
Investments in Publicly Traded Securities$11,971,322$2,907,454▼ $9,063,868
Savings and Temporary Cash Investments$1,315,850$0▼ $1,315,850
Prepaid Expenses and Deferred Charges$731,179$897,441▲ $166,262
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$101,572,506$123,923,963▲ $22,351,457
Other Assets Total$36,264,246$60,076,050▲ $23,811,804
Liabilities
Other Liabilities$6,742,058$44,127,541▲ $37,385,483
Accounts Payable and Accrued Expenses$40,334,712$43,885,891▲ $3,551,179
Mortgage Notes Payable Secured by Investment Property$6,083,201$11,751,595▲ $5,668,394
Tax Exempt Bond Liabilities$1,278,738$976,129▼ $302,609
Unsecured Notes Loans Payable$14,148,970$36,072▼ $14,112,898
Grants Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$68,587,679$100,777,228▲ $32,189,549
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$30,623,731$20,785,639▼ $9,838,092
Net Assets With Donor Restrictions$2,361,096$2,361,096→ $0
Total Net Assets Fund Balance$32,984,827$23,146,735▼ $9,838,092
Total Liabilities and Net Assets / Fund Balance$101,572,506$123,923,963▲ $22,351,457

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,033,365$16,133,103$24,166,468
Equipment$104,085$11,636,509$11,740,594
Leasehold Improvements$1,633,083$7,949,686$9,582,769
Other Land Buildings$451,945$0$451,945
Other Assets Org$181,469--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$2,361,096-▲ $44,731$44,731$2,361,096
2022$2,361,096-▲ $36,434$36,434$2,361,096
2021$2,361,096-▲ $30,789$30,789$2,361,096
2020$2,361,096-▲ $18,456$18,456$2,361,096
2019$2,361,096-▲ $47,000$47,000$2,361,096
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alan E MucatelChief Executive OfficerPT$380,473$34,582$415,055
Elliot HaglerChief Financial OfficerPT$284,404$17,268$301,672
Laura Grossfield BirgerChief Legal OfficerPT$254,079$6,798$260,877
Lissa M SoutherlandChief Operations OfficerFT$241,564$11,274$252,838
Susan SampognaChief Program OfficerFT$226,751$10,674$237,425
Diana G AmadoSenior Vice PresidentFT$187,855$22,247$210,102
Carlton MitchellSenior Vice PresidentFT$161,919$22,837$184,756
Travis E RodgersSenior Vice PresidentFT$179,509$3,888$183,397
Ryan GarofaloSenior Vice PresidentFT$172,826$8,135$180,961
Jose E ReyesSenior Vice PresidentFT$157,561$8,511$166,072

Board Members and Trustees

NameTitle
Matt Del PercioPresident
Allen WaxmanVice President
Jose M JaraVice President
Adani IlloDirector
Bob SchanzDirector
David TheobaldDirector
Dorothy MehtaDirector
Duncan James TurnbullDirector
Ellen PolanskyDirector
Graham ThomasDirector
Jason KyrwoodDirector
Joyce R Coppin-mondesireDirector
Judith BenitezDirector
Karen Myrie MdDirector
Margery E AmesDirector
Matthew PorterDirector
Sharon HardyDirector
Susan S BenedictDirector
Gary MorossDIRECTOR (as of 6/24/24)
Brigette Mcleod-williamsSecretary
Carol ChenTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Missouri Youth Services InstituteTraining1906 HAYSELTON DRIVE, Jefferson City, MO 65109$398,400
Nixon Peabody LLPLegal50 JERICHO QUADRANGLE SUITE 3, Jericho, NY 11753$315,233
Smartstart Education LLCEducation59 ELM STREET SUITE 225, New Haven, CT 06510$148,180
Genoa Telepsychiatry INCTherapyPO BOX 84019, Chicago, IL 60689$133,575
Method Design Architecture UArchitects76 BEAVER STREET 2ND FLOOR, New York, NY 10005$132,735
Revenue and Support

Revenue Composition

Contributions and Grants
$7,050,701
Program Service Revenue
$198,567,668
Investment Income
$1,956,594
Other Revenue
$178,679
All Other Contributions
$1,761,361
Change in Net Assets
$903,074
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$143,818,695
Other Expenses$47,269,351
Grants and Similar Amounts Paid$15,692,522
Total Fundraising Expense$554,182
Professional Fundraising Fees$70,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$100,202,541$10,254,078$202,939$110,659,558
Occupancy$17,030,432$2,468,606$47,512$19,546,550
Payroll Taxes$14,315,776$1,506,622$30,447$15,852,845
Grants to Domestic Individuals$15,692,522--$15,692,522
Other Employee Benefits$11,948,695$1,216,986$25,413$13,191,094
Fees for Services Other$5,940,199$2,308,432$17,510$8,266,141
Office Expenses$4,236,224$1,205,228$116,697$5,558,149
Insurance$2,290,151$957,308$3,302$3,250,761
Depreciation Depletion$2,030,605$400,779$4,513$2,435,897
Pension Plan Contributions$2,173,488$200,464$4,645$2,378,597
Travel$1,944,299$127,223$610$2,072,132
Current Officers, Directors, Trustees, and Key Employees$272,263$1,464,338-$1,736,601
Conferences and Meetings$720,236$270,835-$991,071
Other Expenses$96,016$769,218$21,001$886,235
Interest-$690,135-$690,135
Fees for Services Legal$184,546$207,873-$392,419
Fees for Services Accounting-$261,831-$261,831
Fees for Services Professional Fundraising--$70,000$70,000
Total Functional Expenses$181,153,444$25,142,942$554,182$206,850,568
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$110,331
Fundraising Gross Income$82,010
Professional Fundraising Fees$70,000
Gaming Direct Expenses$0
Gaming Gross Income$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$429,289$58,760$5,112$53,648
Fall Benefit$52,092$23,250$116$23,134
Total Events$481,381$82,010$110,331$-28,321
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Leases Payable$34,650,546
Due to Government Agencies$9,460,095
Accrued Interest Payable$16,900

Bond Issues

BondIssuerIssuedIssue PricePurpose
ADormitory Authority of the State of New York2013-05-09$4,035,000Refinancing construction cost

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$4,035,000$0$1,440,000$256,423

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B, LINE 11B:

A completed form 990 is reviewed by the members of the audit and oversight board committee. It is then sent to all other board members for their approval. Before form 990 is submitted to the irs and nys, any issues are discussed with the cfo and then brought to the cpa firm who prepared the return, if the issues remained unresolved.

FORM 990, PART VI, SECTION B, LINE 12C:

The conflict of interest policy requires board members and key staff to complete an annual disclosure agreement. If any conflicts are found, the related individual is excluded from the discussion and the voting process.

FORM 990, PART VI, SECTION B, LINE 15A:

The compensation of the ceo includes an annual performance review and approval process conducted by board's management committee, which reports to the board. This was last done january 25, 2024.

FORM 990, PART VI, SECTION C, LINE 19:

The organization's audited financial statements and form 990's are available on its website and upon request. The organization makes its governing documents and conflict of interest policy available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Rising Ground Inc
EIN
13-1860451
In Care Of
% ELLIOT HAGLER CPA CFO
Phone
9143758717
Address
1333 Broadway Suite 8th fl, NEW YORK, NY 10018

Signing Officer

Name
Elliot Hagler
Title
CFO
Phone
9143758717
Signed
2025-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alan E Mucatel
Formed
1831
Legal Domicile
Ny
Voting Board Members
21
Independent Board Members
21
Employees
2,637
Volunteers
60

Preparer

Firm
Bdo USA
Address
200 PARK AVENUE 38TH FLOOR, NEW YORK, NY 10166
Preparer
Paul Hammerschmidt
Phone
2128858000
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 3:

The organization ceased to operate the biondi specialized education school.

FORM 990, PART III, LINE 4D:

Other program services: 1) our family resource center provides critical parenting education and support for low-income families in one central community-based location. Our early childhood centers provide services to children ages 18 months to 5 years. Located in the bronx, our federally funded head start program serves pregnant women, infants and toddlers living at or below the poverty level. The ames early childhood center serve developing children and those in need of preschool special education services. The children's learning center (clc) provides preschool special education to children with intensive needs in small classes. Our parent child home is an evidenced-informed, early childhood home-visiting program which focuses on developing pre-literacy skills to promote school readiness and promoting positive parenting skills. Expenses: $7,368,086. Grants: $282,031. Revenue: $7,464,413. 2) our array of intimate partner/gender-based violence programs are commited to both healing and prevention. Community-based services support survivors and their families to overcome histories of abuse. Criminalized survivors program focuses on the need of incarcerated survivors. Trauma recovery center provides clinical support to survivors of community violence. Expenses: $6,370,818. Grants: $608,878. Revenue: $7,188,471. 3) our biondi school is a non-public school providing 12-month specialized educational services to school-age children. Emphasis is on academic achievement, skills development, and increasing student's ability to remain on task, intearct appropriately with peers, and improve behavior so that they can return to their local public school. Expenses: $1,767,358. Grants: $126,729. Revenue: $1,276,055.

FORM 990, PART XI, LINE 9:

Transfer of net assets to fund for rising ground, inc. (a related 501(c)(3) organization)..........................................$(11,999,422.) transfer of net assets from edwin gould services for children and families, inc. (a related 501(c)(3) organization).....................$ 2,797,539. Change in net assets due to transfer from edwin gould services for children and families, inc. (a related 501(c)(3) organization)......$ (321,693.) total.....................................................$ (9,523,576.)

Financial Statement Notes

PART V, LINE 4:

The objective of rising ground's endowment is to generate revenues to support programs while maintaining the principal endowment funds at the original amount designated by the donor. The investment policy to achieve this objective is to invest in low-risk securities.

PART X, LINE 2:

RISING GROUND, INC. has not taken an unsubstantiated tax position that would require provision of a liability under GAAP. Under GAAP, an organization must recognize the tax liabilities associated with tax positions taken for tax return purposes when it is more likely than not that the position will not be sustained upon examination. The organization does not believe there are any material uncertain tax positions and, accordingly, has not recognized any liability for unrecognized tax benefits as of June 30, 2024. The organization has filed IRS Form 990 tax returns, as required, and all other applicable returns in jurisdictions where it is required. For the year ended June 30, 2024, there were no interest or penalties recorded or included in the accompanying financial statements. The organization is subject to routine audits by taxing authorities. As of June 30, 2024, the organization was not subject to any examination by a taxing authority.

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