Civic Intelligence

Rise Richmond Inc.

990 • Fiscal year 2023 • EIN 20-0220263

Sep 01, 2022 to Aug 31, 2023 • Filed on Mar 08, 2024

Organization ProfileWWW.RISERICHMOND.ORG
3015 N StreetRichmond, VA 23223

(804) 644-0518

Siviq Scores

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

Liabilities / Assets

48th percentile

0.06x

Higher debt load relative to assets than 48% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

40th percentile

0.05x

Higher debt load relative to revenue than 40% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

27th percentile

-7.0%

Higher net margin than 27% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

71st percentile

$109,574

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

8th percentile

-18%

Faster asset growth than 8% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

30th percentile

-5.6%

Faster revenue growth than 30% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets48th percentile

Assets

Down

$2,461,828

Down $541,173 (-18%) from 2022

Net Assets

Down

$2,324,490

Down $200,121 (-7.9%) from 2022

Liabilities

Down

$137,338

Down $341,052 (-71%) from 2022

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin27th percentile

Revenue

Down

$3,016,631

Down $179,037 (-5.6%) from 2022

Expenses

Up

$3,228,026

Up $435,710 (+16%) from 2022

Net Income

Down

-$211,395

Down $614,747 (-152%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $467,434Liabilities 2011: $180,351Net Assets 2011: $287,0832011Assets 2012: $985,072Liabilities 2012: $300,396Net Assets 2012: $684,6762012Assets 2013: $1,252,725Liabilities 2013: $189,154Net Assets 2013: $1,063,5712013Assets 2014: $1,140,647Liabilities 2014: $184,386Net Assets 2014: $956,2612014Assets 2015: $1,546,625Liabilities 2015: $219,649Net Assets 2015: $1,326,9762015Assets 2016: $1,759,078Liabilities 2016: $336,152Net Assets 2016: $1,422,9262016Assets 2017: $2,238,167Liabilities 2017: $376,301Net Assets 2017: $1,861,8662017Assets 2018: $2,544,503Liabilities 2018: $332,324Net Assets 2018: $2,212,1792018Assets 2019: $1,865,154Liabilities 2019: $41,951Net Assets 2019: $1,823,2032019Assets 2020: $1,787,122Liabilities 2020: $46,523Net Assets 2020: $1,740,5992020Assets 2021: $2,563,291Liabilities 2021: $442,032Net Assets 2021: $2,121,2592021Assets 2022: $3,003,001Liabilities 2022: $478,390Net Assets 2022: $2,524,6112022Assets 2023: $2,461,828Liabilities 2023: $137,338Net Assets 2023: $2,324,4902023Assets 2024: $1,297,685Liabilities 2024: $176,100Net Assets 2024: $1,121,5852024Assets 2025: $950,643Liabilities 2025: $128,839Net Assets 2025: $821,8042025

Highlighted filing

2023

Assets$2,461,828
Liabilities$137,338
Net Assets$2,324,490
Open 2023 Filing

Operations Trend

Revenue Growth30th percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $691,4932011Expenses 2012: $853,6412012Expenses 2013: $1,047,9662013Revenue 2014: $1,340,414Expenses 2014: $1,447,724Net Income 2014: -$107,3102014Revenue 2015: $2,099,833Expenses 2015: $1,729,118Net Income 2015: $370,7152015Revenue 2016: $1,991,058Expenses 2016: $1,895,108Net Income 2016: $95,9502016Revenue 2017: $2,595,761Expenses 2017: $2,156,767Net Income 2017: $438,9942017Revenue 2018: $2,798,947Expenses 2018: $2,448,683Net Income 2018: $350,2642018Revenue 2019: $2,137,239Expenses 2019: $2,526,654Net Income 2019: -$389,4152019Revenue 2020: $2,248,378Expenses 2020: $2,330,548Net Income 2020: -$82,1702020Revenue 2021: $2,310,577Expenses 2021: $1,929,917Net Income 2021: $380,6602021Revenue 2022: $3,195,668Expenses 2022: $2,792,316Net Income 2022: $403,3522022Revenue 2023: $3,016,631Expenses 2023: $3,228,026Net Income 2023: -$211,3952023Revenue 2024: $1,975,172Expenses 2024: $3,166,803Net Income 2024: -$1,191,6312024Revenue 2025: $2,292,094Expenses 2025: $2,591,680Net Income 2025: -$299,5862025

Highlighted filing

2023

Revenue$3,016,631
Expenses$3,228,026
Net Income-$211,395
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Mar 8, 2024
Return Version
2022v5.0
Gross Receipts
$4,287,581
Mission and Program Overview

Mission

Rise richmond's mission is to cultivate the god-given potential of students in richmond's east end through learning opportunities that equip them to flourish.

Rise richmond cultivates the god-given potential of students through learning opportunities that equip them to flourish-centering black students in richmond's ease end.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$1,029,567-
Cash and Non-Interest-Bearing Accounts$2,448,076$620,132▼ $1,827,944
Land, Buildings, and Equipment, Net$539,664$476,777▼ $62,887
Savings and Temporary Cash Investments-$251,209-
Pledges and Grants Receivable$5,148$22,656▲ $17,508
Prepaid Expenses and Deferred Charges$10,113$20,048▲ $9,935
Total Assets$3,003,001$2,461,828▼ $541,173
Other Assets Total$0$41,439▲ $41,439
Liabilities
Accounts Payable and Accrued Expenses$133,285$97,942▼ $35,343
Other Liabilities$345,105$39,396▼ $305,709
Total Liabilities$478,390$137,338▼ $341,052
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,382,064$2,163,276▼ $218,788
Net Assets With Donor Restrictions$142,547$161,214▲ $18,667
Total Net Assets Fund Balance$2,524,611$2,324,490▼ $200,121
Total Liabilities and Net Assets / Fund Balance$3,003,001$2,461,828▼ $541,173

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$325,153$296,181$621,334
Equipment$84,692$157,493$242,185
Land$56,833-$56,833
Leasehold Improvements$10,099$2,524$12,623
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jonathan ChanExecutive DirectorFT$109,574$109,574

Board Members and Trustees

NameTitle
Nicole UniceChair
Don ColemanPast Chair
Tommy BlanchardVice Chair
Carolyn LoftinDirector
Dan KennedyDirector
Justin Whitmel EarleyDirector
Myrtle MinesDirector
Dave SkoveTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,797,864
Program Service Revenue
$96,377
Investment Income
$43,136
Other Revenue
$79,254
All Other Contributions
$2,452,759
Change in Net Assets
$-211,395

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded15$276,996Quoted Market Value
Total Noncash Contributions15$276,996-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,016,631
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$11,274
Total Revenue per Audited Statements
$3,027,905
Total Revenue per Form 990
$3,016,631
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,076,792
Other Expenses$1,046,007
Total Fundraising Expense$340,855
Grants and Similar Amounts Paid$105,227
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$1,311,152$194,706$175,498$1,681,356
Occupancy$256,337$10,468$8,662$275,467
Fees for Services Other$51,752$79,837$50,818$182,407
Other Employee Benefits$137,637$18,133$17,286$173,056
Payroll Taxes$111,530$16,759$15,635$143,924
All Other Expenses$56,714$39,648$13,119$109,481
Grants to Domestic Individuals$105,227--$105,227
Current Officers, Directors, Trustees, and Key Employees$39,228$19,614$19,614$78,456
Office Expenses$42,415$1,789$19,806$64,010
Other Expenses$60,530$22,970$8,525$60,530
Insurance$29,749$3,719$3,719$37,187
Fees for Services Legal-$23,402-$23,402
Fees for Services Accounting-$11,300-$11,300
Total Functional Expenses$2,438,425$448,746$340,855$3,228,026

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,228,026
Total Expenses per Audited Statements$3,228,026
Total Expenses per Form 990$3,228,026
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$39,396
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 A, Line 4

“The organization changed its name and as such amended and restated its articles of incorporation.”

Form 990, Part VI, Section B, Line 11B

“All board members receive a copy of the form 990 via email to review.”

Form 990, Part VI, Section B, Line 12C

“Each director annually signs a statement affirming that he or she has received a copy of the policy, understands the policy and agrees to comply with the policy.”

Form 990, Part VI, Section B, Line 15

“The chairman or executive director surveys compensation of organizations similar to rise richmond to determine and substantiate salaries. Compensation is approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Rise Richmond Inc
EIN
20-0220263
Phone
8046440518
Address
3015 N STREET, RICHMOND, VA 23223
Doing Business As
Rise Richmond

Signing Officer

Name
Nicole Unice
Title
Chair
Phone
8046440518
Signed
2024-03-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicole Unice
Formed
2003
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
8
Employees
84
Volunteers
59

Preparer

Firm
Brown Edwards & Company Llp
Address
810 SOUTHPARK BLVD 2ND FLOOR, COLONIAL HEIGHTS, VA 23834
Preparer
M James Hartson Jr CPA
Phone
8047335566
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Rise richmond follows generally accepted accounting principles regarding "accounting for uncertain tax positions". This standard provides detailed guidance for financial statement recognition, measurement, and disclosure of uncertain tax positions recognized in rise richmond's consolidated financial statements. It requires an entity to recognize the financial statement impact of a tax position when it is more likely than not that the position will not be sustained upon examination. The tax years of 2020 to 2022 remain subject to examination by the taxing authorities. Rise richmond has determined that it does not have any material unrecognized tax benefits or obligations as of august 31, 2023 and 2022. Rise richmond includes penalties and interest assessed by income taxing authorities in operating expenses. Rise richmond did not have penalties and interest expenses for the years ended august 31, 2023 and 2022.”

Raw XML AppendixShowing 400 of 547 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/ActivityOrMissionDesc0RISE RICHMOND CULTIVATES THE GOD-GIVEN POTENTIAL OF STUDENTS THROUGH LEARNING OPPORTUNITIES THAT EQUIP THEM TO FLOURISH-CENTERING BLACK STUDENTS IN RICHMOND'S EASE END.
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IRS990/Desc0THE RISE AFTER SCHOOL PROGRAM CONNECTS K-8TH STUDENTS WITH A NETWORK OF TRUSTED ADULTS, LOCAL PROFESSIONALS, AND PEERS FOR RECREATION, SPIRITUAL DEVELOPMENT, HOMEWORK HELP, AND SKILL BUILDING. IN THE 2022-2023 YEAR, 65 STUDENTS PARTICIPATED IN THE PROGRAM.
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IRS990/MissionDesc0RISE RICHMOND CULTIVATES THE GOD-GIVEN POTENTIAL OF STUDENTS THROUGH LEARNING OPPORTUNITIES THAT EQUIP THEM TO FLOURISH-CENTERING BLACK STUDENTS IN RICHMOND'S EASE END.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/OperateHospitalInd00
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0137637
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IRS990/OtherExpensesGrp/Desc0TRANSPORTATION COSTS
IRS990/OtherExpensesGrp/Desc1MATERIALS & SUPPLIES
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3MEALS & SNACKS
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IRS990/OtherExpensesGrp/FundraisingAmt18525
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06401
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt122970
IRS990/OtherExpensesGrp/ProgramServicesAmt0129398
IRS990/OtherExpensesGrp/ProgramServicesAmt176269
IRS990/OtherExpensesGrp/ProgramServicesAmt230487
IRS990/OtherExpensesGrp/ProgramServicesAmt360530
IRS990/OtherExpensesGrp/TotalAmt0129398
IRS990/OtherExpensesGrp/TotalAmt190843
IRS990/OtherExpensesGrp/TotalAmt261982
IRS990/OtherExpensesGrp/TotalAmt360530
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IRS990/PartialLiquidationInd00
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IRS990/PayrollTaxesGrp/TotalAmt0143924
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt022656
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010113
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020048
IRS990/PrincipalOfficerNm0NICOLE UNICE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL NUTRITION PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc1PRODUCT SALES
IRS990/ProgramServiceRevenueGrp/Desc2PROGRAM TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt045059
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt131056
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt220262
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt131056
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt220262
IRS990/ProgSrvcAccomActy2Grp/Desc0RISE ACADEMY IS A FULLY ACCREDITED, PRIVATE, CHRISTIAN HIGH SCHOOL THAT EQUIPS STUDENTS TO ACHIEVE ACADEMIC SUCCESS, DEVELOP CHARACTER, AND SERVE THEIR COMMUNITY. IN THE 2022-2023 YEAR, 54 STUDENTS IN GRADES 9-12 PARTICIPATED IN THE PROGRAM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01308232
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt065321
IRS990/ProgSrvcAccomActy3Grp/Desc0RISE LABS OFFERS TRAINING, MENTORING, AND JOB EXPERIENCE TO PREPARE YOUNG PEOPLE FOR LONG-TERM PERSONAL AND PROFESSIONAL SUCCESS. WE EMPLOY TEENS AND YOUTH ADULTS IN OUR FOUR SMALL BUSINESSES, WHICH PROVIDE SPACES FOR THEM TO DEVELOP SKILLS TO THRIVE IN THE WORKFORCE AND BEYOND. IN THE 2022-2023 YEAR, 74 YOUTH AND YOUNG ADULTS PARTICIPATED IN THE PROGRAM.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0603184
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt090997
IRS990/ProgSrvcAccomActyOtherGrp/Desc0IMAGO DEI NEIGHBORHOOD SCHOOL SCHOLARSHIPS
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0115353
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0105227
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03019039
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0102187
IRS990/PYInvestmentIncomeAmt0-90
IRS990/PYOtherExpensesAmt0871224
IRS990/PYOtherRevenueAmt064568
IRS990/PYProgramServiceRevenueAmt0112151
IRS990/PYRevenuesLessExpensesAmt0403352
IRS990/PYSalariesCompEmpBnftPaidAmt01818905
IRS990/PYTotalExpensesAmt02792316
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03195668
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-211395
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0251209
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02250478
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02115045
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01849423
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012031849
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt020579
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0957
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01177
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03704
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07403
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt033820
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01112336
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt019313
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06509
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt05591
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05600
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt08060
IRS990ScheduleA/OtherIncome170Grp/TotalAmt045073
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.81310
IRS990ScheduleA/PublicSupportPY170Pct00.80100
IRS990ScheduleA/PublicSupportTotal170Amt09847588
IRS990ScheduleA/SubstantialContributorsTotAmt02184261
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01849423
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010099
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IRS990ScheduleD/NetUnrealizedGainsInvstAmt011274
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt039396
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITY
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03016631
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RISE RICHMOND FOLLOWS GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REGARDING "ACCOUNTING FOR UNCERTAIN TAX POSITIONS". THIS STANDARD PROVIDES DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN RISE RICHMOND'S CONSOLIDATED FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE TAX YEARS OF 2020 TO 2022 REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. RISE RICHMOND HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF AUGUST 31, 2023 AND 2022. RISE RICHMOND INCLUDES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES IN OPERATING EXPENSES. RISE RICHMOND DID NOT HAVE PENALTIES AND INTEREST EXPENSES FOR THE YEARS ENDED AUGUST 31, 2023 AND 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0476777
IRS990ScheduleD/TotalExpensesPerForm990Amt03228026
IRS990ScheduleD/TotalLiabilityAmt039396
IRS990ScheduleD/TotalRevenuePerForm990Amt03016631
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03027905
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03228026
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,461,828
Liabilities
$137,338
Net assets
$2,324,490
Revenue
$3,016,631
Expenses
$3,228,026
Net income
-$211,395
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.95$0.13$0.82$2.29$2.59$0.30
2024Detailed filing. Detailed filing data is available for this year.$1.30$0.18$1.12$1.98$3.17$1.19
2023Detailed filing. Detailed filing data is available for this year.$2.46$0.14$2.32$3.02$3.23$0.21
2022Detailed filing. Detailed filing data is available for this year.$3.00$0.48$2.52$3.20$2.79$0.40
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$0.44$2.12$2.31$1.93$0.38
2020Detailed filing. Detailed filing data is available for this year.$1.79$0.05$1.74$2.25$2.33$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.87$0.04$1.82$2.14$2.53$0.39
2018Detailed filing. Detailed filing data is available for this year.$2.54$0.33$2.21$2.80$2.45$0.35
2017Detailed filing. Detailed filing data is available for this year.$2.24$0.38$1.86$2.60$2.16$0.44
2016Detailed filing. Detailed filing data is available for this year.$1.76$0.34$1.42$1.99$1.90$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.55$0.22$1.33$2.10$1.73$0.37
2014Detailed filing. Detailed filing data is available for this year.$1.14$0.18$0.96$1.34$1.45$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.19$1.06$1.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.30$0.68$0.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.18$0.29$0.69