Civic Intelligence

Rise Inc

990 • Fiscal year 2019 • EIN 35-1112612

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 21, 2020

1600 Wohlert StreetAngola, IN 46703

(260) 665-9408

Siviq Scores

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

Liabilities / Assets

79th percentile

0.43x

Higher debt load relative to assets than 79% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

72nd percentile

0.29x

Higher debt load relative to revenue than 72% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

21st percentile

-9.2%

Higher net margin than 21% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

67th percentile

$96,913

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$1,398,055

No earlier filing loaded for comparison.

Net Assets

$793,261

No earlier filing loaded for comparison.

Liabilities

$604,794

No earlier filing loaded for comparison.

Revenue

$2,072,009

No earlier filing loaded for comparison.

Expenses

$2,261,706

No earlier filing loaded for comparison.

Net Income

-$189,697

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2019: $1,398,055Liabilities 2019: $604,794Net Assets 2019: $793,2612019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2019

Assets$1,398,055
Liabilities$604,794
Net Assets$793,261

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $2,072,009Expenses 2019: $2,261,706Net Income 2019: -$189,6972019Revenue 2020: $1,701,960Expenses 2020: $1,994,170Net Income 2020: -$292,2102020

Highlighted filing

2019

Revenue$2,072,009
Expenses$2,261,706
Net Income-$189,697
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 21, 2020
Return Version
2018v3.2
Gross Receipts
$2,268,258
Mission and Program Overview

Mission

Rise, inc.compassionately partners with families and individuals experiencing economic, physical, and developmental challenges by providing personalized services and advocacy for independence, quality of life and hope.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,217,349$977,096▼ $240,253
Accounts Receivable$367,958$201,841▼ $166,117
Cash and Non-Interest-Bearing Accounts$122,246$194,144▲ $71,898
Prepaid Expenses and Deferred Charges$24,197$24,974▲ $777
Total Assets$1,731,750$1,398,055▼ $333,695
Liabilities
Mortgage Notes Payable Secured by Investment Property$618,896$493,651▼ $125,245
Accounts Payable and Accrued Expenses$129,896$111,143▼ $18,753
Total Liabilities$748,792$604,794▼ $143,998
Net Assets / Fund Balance
Unrestricted Net Assets$956,692$777,642▼ $179,050
Temporarily Rstr Net Assets$26,266$15,619▼ $10,647
Total Net Assets Fund Balance$982,958$793,261▼ $189,697
Total Liabilities and Net Assets / Fund Balance$1,731,750$1,398,055▼ $333,695

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$825,575$1,511,120$2,336,695
Equipment$83,801$327,556$411,357
Land$67,720-$67,720
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher StackhouseExec DirectoFT$74,616$22,297$96,913

Board Members and Trustees

NameTitle
Mike CarperPresident
Amy LewisDirector
Brenda ShipeDirector
Chris HeroyDirector
Connie SweeneyDirector
Dan LepleyDirector
Jill NicholsDirector
Mike LeyDirector
Paul GilbertDirector
Todd Rumsey MdDirector
Tom SanbornDirector
Tony FiferDirector
Jenny SanbornSecretary
Michele MolargikVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$313,535
Program Service Revenue
$1,736,178
Investment Income
$13,559
Other Revenue
$8,737
All Other Contributions
$147,383
Change in Net Assets
$-189,697

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,933,062
Revenue Not Reported on Financial Statements
$138,947
Other Revenue Adjustments
$138,947
Total Revenue per Audited Statements
$1,933,062
Total Revenue per Form 990
$2,072,009
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,696,459
Other Expenses$565,247
Total Fundraising Expense$24,542
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,313,906$133,211$16,165$1,463,282
Payroll Taxes$92,505$38,354$940$131,799
Depreciation Depletion$108,617$11,406-$120,023
Current Officers, Directors, Trustees, and Key Employees$15,110$71,918$7,384$94,412
Fees for Services Accounting$45,309$22,986-$68,295
Occupancy$59,371$6,675-$66,046
Office Expenses$50,163$6,140-$56,303
Travel$47,880$714-$48,594
Interest$31,189$3,116-$34,305
Insurance$10,062$10,201-$20,263
Information Technology$11,253$3,020-$14,273
All Other Expenses$249$12,707-$12,956
Conferences and Meetings$1,860$7,844-$9,704
Other Expenses$8,739$6,903-$8,739
Fees for Services Other$6,302$1,691-$7,993
Other Employee Benefits$4,721$2,192$53$6,966
Total Functional Expenses$1,898,086$339,078$24,542$2,261,706

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,261,706
Expenses per Audited Statements$2,122,759
Total Expenses per Audited Statements$2,122,759
Expenses Not Reported on Financial Statements$138,947
Other Expense Adjustments$138,947
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$40,037
Fundraising Direct Expenses$38,847
Gaming Gross Income$2,500
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rise to the Occ$77,499$25,597$19,600$5,997
MAYOR'S PRAYERS$11,824$11,824$956$10,868
Total Events$89,323$37,421$38,556$-1,135
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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 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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Tom sanborn jenny sanborn director director family relationship

Form 990, Page 6, Part VI, Line 11B

The finance committee reviews and approves the form 990. After this intitial review process, it is submitted to the entire board for review and approval.

Form 990, Page 6, Part VI, Line 12C

The board members and key employees sign conflict of interest statements annually.

Form 990, Page 6, Part VI, Line 15A

In reviewing and approving the compensation of any covered individuals, the rise inc's board of directors or a delegated committee of the board will utilize the following process: 1. The compensation arrangement must be approved in advance (before any payment is made) by the board of directors or the delegated committee of the board. This will exclude any member who may have a conflict of interest with respect to the compensation arrangement. (example: neither the executive director whose compensation is being determined nor any member of his/her family may be present during the discussion/debate). 2.before approval of any compensation of an executive or other officer, key employee, the board must gather comparable data that demonstrates fair market value of the compensation in question. Data may include the following: a. Expert compensation studies by independent firms; b. Written job offers for positions at similar agencies; c. Documented phone calls or emails regarding similar position: d. Information obtained from the irs form 990 filings of similar agencies. 3. The board shall set forth the basis for its decisions with respect to compensation in the minutes of the meeting at which the decisions are made, including the conclusions of the evaluation and the basis for determining that the individual's compensation was reasonable in light of the evaluation and the comparable date.

Form 990, Page 6, Part VI, Line 15B

The written policy for compensation includes a review and wage survey information from inarf.

Form 990, Page 6, Part VI, Line 19

The form 990 is available upon request.

Filing and Contact Details

Filer

Filer Name
Rise Inc
EIN
35-1112612
Phone
2606659408
Address
1600 WOHLERT STREET, ANGOLA, IN 46703

Signing Officer

Name
Mike Carper
Title
President
Phone
2606659408
Signed
2020-02-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Carper
Formed
1964
Legal Domicile
In
Voting Board Members
14
Independent Board Members
14
Employees
169
Volunteers
18

Preparer

Firm
Baden Gage & Schroeder LLC
Address
6920 POINTE INVERNESS WAY 300, FORT WAYNE, IN 46804-7926
Preparer
Brian D Bowman CPA
Phone
2604222551
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Rise, inc.compassionately partners with families and individuals experiencing economic, physical, and developmental challenges by providing personalized services and advocacy for independence, quality of life and hope.

Form 990, Page 2, Part III, Line 4B

Habilitation training programs - services in this program consist of instruction to educate and train in daily living skills. Classes are designed according to individual needs to educate and train in self-help and self-sufficiency for independence. Each consumer of rise is instrumental in helping to design classes that fit their desires, hopes, dreams, and basic needs. Classes are provided in groups as small as one on one, or in groups with up to eight participants. A 3,400 sq. Foot expansion was completed in 2017 to allow for the development of the learning center. This center teaches classes in education, health & wellness, financial stability and employment training. Twenty-two classes were designed with clients participating in groups of four for concentrated learning. During fy 2018 rise provided over 22,614 hours in facility classes and community integration. One hundred sixty persons serviced participated in one or both programs. Adult day programs - classes are for severe and profound population and are designed according to individual needs to educate and train in self-help, working on fine motor skills, socialization, communication, and community integration. This program is geared to the consumer who needs more 1:1 or small group assistance. Nursing staff, medical needs and personal care assistance is available. Three consumers were served in fy 2018. Participant assistance and care (pac) - service allows clients to remain and live successfully in their own homes, function and participate in their communities and avoid institutionalization. Pac services support and enable the participant in activities of daily living, self-care, and mobility with the hands-on assistance. Most consumers who receive pac services do not attend the day program and are high functioning. For the fy 2018, rise provided 1,110 hours and served 13 consumers total from surrounding counties. Respite services - provides caregiver relief for families caring for their loved ones. A safe home environment allows for clients to stay a few hours or for weeks at a time. Caregivers are now able to take a much needed break while loved ones are cared for by rise trained staff. Fy 2018 rise provided 1,127 hours of respite to 10 consumers. The respite services provided by rise discontinued respite services in february 2019.

Form 990, Page 2, Part III, Line 4D

Employment services - trc (the rise connection) in partnership with indiana vocational rehabilitation. Rise assists individuals with customized programs designed to result in successful community job placement. Other partnerships include work one northeast, the freedom academy and other post-secondary schools and agencies which can assist in maximizing employability. Trc serves clients in steuben, dekalb, noble and lagrange counties. Buffalo bistro - is a micro business collaboration between rise inc. And chapman's brewing company with a mission to provide a hospitality training platform for individuals with disabilities while offering taproom patrons excellent service and food.

Form 990, Part XI, Line 9

Workshop income -138,947 workshop income 138,947

Financial Statement Notes

Schedule D, Page 3, Part X

Income taxes are not provided for in the financial statements since the organization is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code and similar state provisions. The organization has also been classified by the internal revenue service as a foundation that is not a private foundation under section 509(a). The accounting standard that provides guidance on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the organization and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the years ended june 30, 2019 and 2018. The organization files forms 990 in the u.s. Federal jurisdiction and forms np-20 for the state of indiana. The organization is generally no longer subject to examination by the internal revenue service for years before 2016.

Schedule D, Page 4, Part XI, Line 4B

WORKSHOP INCOME 138,947

Schedule D, Page 4, Part XII, Line 4B

WORKSHOP INCOME 138,947

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IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDE
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/ProgSrvcAccomActy2Grp/Desc0HABILITATION TRAINING PROGRAMS - SERVICES IN THIS PROGRAM CONSIST OF INSTRUCTION TO EDUCATE AND TRAIN IN DAILY LIVING SKILLS. CLASSES ARE DESIGNED ACCORDING TO INDIVIDUAL NEEDS TO EDUCATE AND TRAIN IN SELF-HELP AND SELF-SUFFICIENCY FOR INDEPENDENCE. EACH CONSUMER OF RISE IS INSTRUMENTAL IN HELPING TO DESIGN CLASSES THAT FIT THEIR DESIRES, HOPES, DREAMS, AND BASIC NEEDS. CLASSES ARE PROVIDED IN GROUPS AS SMALL AS ONE ON ONE, OR IN GROUPS WITH UP TO EIGHT PARTICIPANTS. A 3,400 SQ. FOOT EXPANSION WAS COMPLETED IN 2017 TO ALLOW FOR THE DEVELOPMENT OF THE LEARNING CENTER. THIS CENTER TEACHES CLASSES IN EDUCATION, HEALTH & WELLNESS, FINANCIAL STABILITY AND EMPLOYMENT TRAINING. TWENTY-TWO CLASSES WERE DESIGNED WITH CLIENTS PARTICIPATING IN GROUPS OF FOUR FOR CONCENTRATED LEARNING. DURING FY 2018 RISE PROVIDED OVER 22,614 HOURS IN FACILITY CLASSES AND COMMUNITY INTEGRATION. ONE HUNDRED SIXTY PERSONS SERVICED PARTICIPATED IN ONE OR BOTH PROGRAMS. ADULT DAY PROGRAMS - CLASSES ARE FOR SEVERE AND PROFOUND POPULATION AND ARE DESIGNED ACCORDING TO INDIVIDUAL NEEDS TO EDUCATE AND TRAIN IN SELF-HELP, WORKING ON FINE MOTOR SKILLS, SOCIALIZATION, COMMUNICATION, AND COMMUNITY INTEGRATION. THIS PROGRAM IS GEARED TO THE CONSUMER WHO NEEDS MORE 1:1 OR SMALL GROUP ASSISTANCE. NURSING STAFF, MEDICAL NEEDS AND PERSONAL CARE ASSISTANCE IS AVAILABLE. THREE CONSUMERS WERE SERVED IN FY 2018. PARTICIPANT ASSISTANCE AND CARE (PAC) - SERVICE ALLOWS CLIENTS TO REMAIN AND LIVE SUCCESSFULLY IN THEIR OWN HOMES, FUNCTION AND PARTICIPATE IN THEIR COMMUNITIES AND AVOID INSTITUTIONALIZATION. PAC SERVICES SUPPORT AND ENABLE THE PARTICIPANT IN ACTIVITIES OF DAILY LIVING, SELF-CARE, AND MOBILITY WITH THE HANDS-ON ASSISTANCE. MOST CONSUMERS WHO RECEIVE PAC SERVICES DO NOT ATTEND THE DAY PROGRAM AND ARE HIGH FUNCTIONING. FOR THE FY 2018, RISE PROVIDED 1,110 HOURS AND SERVED 13 CONSUMERS TOTAL FROM SURROUNDING COUNTIES. RESPITE SERVICES - PROVIDES CAREGIVER RELIEF FOR FAMILIES CARING FOR THEIR LOVED ONES. A SAFE HOME ENVIRONMENT ALLOWS FOR CLIENTS TO STAY A FEW HOURS OR FOR WEEKS AT A TIME. CAREGIVERS ARE NOW ABLE TO TAKE A MUCH NEEDED BREAK WHILE LOVED ONES ARE CARED FOR BY RISE TRAINED STAFF. FY 2018 RISE PROVIDED 1,127 HOURS OF RESPITE TO 10 CONSUMERS. THE RESPITE SERVICES PROVIDED BY RISE DISCONTINUED RESPITE SERVICES IN FEBRUARY 2019.
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IRS990/ProgSrvcAccomActy3Grp/Desc0RESIDENTAL HAB SERVICES (RHS) - RISE PROVIDES RESIDENTIAL SERVICES TO EIGHT CLIENTS IN OUR QUADPLEX APARTMENT. CLIENTS ARE ABLE TO LIVE SEMI INDEPENDENTLY WITH STAFF PROVIDING SUPPORTS WHEN NEEDED.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0EMPLOYMENT SERVICES - TRC (THE RISE CONNECTION) IN PARTNERSHIP WITH INDIANA VOCATIONAL REHABILITATION. RISE ASSISTS INDIVIDUALS WITH CUSTOMIZED PROGRAMS DESIGNED TO RESULT IN SUCCESSFUL COMMUNITY JOB PLACEMENT. OTHER PARTNERSHIPS INCLUDE WORK ONE NORTHEAST, THE FREEDOM ACADEMY AND OTHER POST-SECONDARY SCHOOLS AND AGENCIES WHICH CAN ASSIST IN MAXIMIZING EMPLOYABILITY. TRC SERVES CLIENTS IN STEUBEN, DEKALB, NOBLE AND LAGRANGE COUNTIES. BUFFALO BISTRO - IS A MICRO BUSINESS COLLABORATION BETWEEN RISE INC. AND CHAPMAN'S BREWING COMPANY WITH A MISSION TO PROVIDE A HOSPITALITY TRAINING PLATFORM FOR INDIVIDUALS WITH DISABILITIES WHILE OFFERING TAPROOM PATRONS EXCELLENT SERVICE AND FOOD.
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