Civic Intelligence

Rise Egypt Inc

EIN 46-3444755 • 501(c)3 • Brookline, MA

Profile

To catalyze social entrepreneurship for development in Egypt. A 'Think and Do Tank' model that leverages both data as well as technical assistance and community engagement to help scale up solutions to Egypt's most pressing development challenges such as education, health, the environment, and social inclusion. Leverages the Egyptian diaspora, and a global network of professionals and institutional partners, to provide support for Egyptian social innovators.

25 Thatcher St Unit 5Brookline, MA 02446

www.riseegypt.org

Siviq Scores

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

Liabilities / Assets

96th percentile

2.46x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

97th percentile

2.31x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

37th percentile

-4.5%

Higher net margin than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

19th percentile

-52%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

94th percentile

158%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$30,038

Down $32,181 (-52%) from 2021

Liabilities

Flat

$73,900

Flat from 2021

Net Assets

-$43,862

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue97th percentileNet Margin37th percentile

Revenue

Up

$32,030

Up $19,616 (+158%) from 2021

Expenses

Down

$33,482

Down $66,110 (-66%) from 2021

Net Income

Up

-$1,452

Up $85,726 (+98%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth19th percentile

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

$600K$400K$200K$0-$200KAssets 2014: -$39,184Liabilities 2014: $02014Assets 2017: $117,465Liabilities 2017: $157,4672017Assets 2018: $24,292Liabilities 2018: $391,8342018Assets 2019: $58,530Liabilities 2019: $459,8042019Assets 2020: $153,978Liabilities 2020: $82,8172020Assets 2021: $62,219Liabilities 2021: $73,9002021Assets 2022: $30,038Liabilities 2022: $73,900Net Assets 2022: -$43,8622022

Highlighted filing

2022

Assets$30,038
Liabilities$73,900
Net Assets-$43,862
Open 2022 Filing

Operations Trend

Revenue Growth94th percentile

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

$300K$200K$100K$0-$100KRevenue 2014: $112,950Expenses 2014: $152,134Net Income 2014: -$39,1842014Revenue 2017: $117,465Expenses 2017: $157,467Net Income 2017: -$40,0022017Revenue 2018: $152,446Expenses 2018: $207,016Net Income 2018: -$54,5702018Revenue 2019: $197,893Expenses 2019: $216,698Net Income 2019: -$18,8052019Revenue 2020: $173,942Expenses 2020: $155,760Net Income 2020: $18,1822020Revenue 2021: $12,414Expenses 2021: $99,592Net Income 2021: -$87,1782021Revenue 2022: $32,030Expenses 2022: $33,482Net Income 2022: -$1,4522022

Highlighted filing

2022

Revenue$32,030
Expenses$33,482
Net Income-$1,452
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,038
Liabilities
$73,900
Net assets
-$43,862
Revenue
$32,030
Expenses
$33,482
Net income
-$1,452
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.30$0.74$0.44$0.32$0.33$0.01
2021Summary only. Only limited summary data is available for this year.$0.62$0.74$0.12$1.00$0.87
2020Summary only. Only limited summary data is available for this year.$1.54$0.83$1.74$1.56$0.18
2019Summary only. Only limited summary data is available for this year.$0.59$4.60$1.98$2.17$0.19
2018Summary only. Only limited summary data is available for this year.$0.24$3.92$1.52$2.07$0.55
2017Summary only. Only limited summary data is available for this year.$1.17$1.57$1.17$1.57$0.40
2014Summary only. Only limited summary data is available for this year.$0.39$0.00$1.13$1.52$0.39
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 9, 2023
Return Version
2021v4.0
Gross Receipts
$32,030
Mission and Program Overview

Mission

To catalyze social entrepreneurship for development in Egypt. A 'Think and Do Tank' model that leverages both data as well as technical assistance and community engagement to help scale up solutions to Egypt's most pressing development challenges such as education, health, the environment, and social inclusion. Leverages the Egyptian diaspora, and a global network of professionals and institutional partners, to provide support for Egyptian social innovators.

Program Services

DescriptionGrantsExpenses
LEEP for Collaborative Impact- This year, we built approximately one dozen partnerships with other entrepreneurship support organizations across Egypt, to expand reach of services and democratize access to opportunities for Egyptian social innovators. We also developed an extensive, and searchable, innovation map of Egypt, with opportunities for innovators, researchers and investors to identify who is doing what across the country, thereby increasing collaboration, knowledge exchange, and access to financial capital. This tool also enables policymakers to identify which innovations are addressing which SDG, to meet global Sustainable Development Goals (SDGs) and address Egypt 2030 development targets. Lastly, we participated in several large events at the local, regional, national and global levels, to raise awareness about effective and innovative development solutions in Egypt, and to expand and deepen partnerships.$0$24,198
Research consulting - continued data analysis for an education evaluation we have been supporting for years.$0$955
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mona MowafiPresidentPT$0--
Sherif WahbyBoard Chair-$0--
Omar FateenDirector-$0--
Filing and Contact Details

Filer

Filer Name
Rise Egypt Inc
EIN
46-3444755
Phone
6173834567
Address
25 Thatcher St Unit 5, Brookline, MA 02446

Signing Officer

Name
Mona Mowafi
Title
President
Phone
6173834567
Signed
2023-05-09
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“PPP loan forgiveness”

Form 990-EZ, Part I, Line 16

“These expenses are related to program activities for our LEEP for Collaborative Impact Initiative in Egypt (social innovation community along with data infrastructure and online technology to support this initiative), in addition to research work for an education initiative we have been supporting for several years.”

Form 990-EZ, Part I, Line 20

“Use of SBA EIDL loan funds”

Form 990-EZ, Part II, Line 24

“Furniture, computers, technology”

Form 990-EZ, Part II, Line 26

“SBA EIDL Loan taken out during COVID.”

Raw XML Appendix250 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PPP loan forgiveness
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1These expenses are related to program activities for our LEEP for Collaborative Impact Initiative in Egypt (social innovation community along with data infrastructure and online technology to support this initiative), in addition to research work for an education initiative we have been supporting for several years.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Use of SBA EIDL loan funds
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Furniture, computers, technology
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SBA EIDL Loan taken out during COVID.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0A 6-month extension had been previously filed in November 2022.
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ReturnHeader/Filer/USAddress/ZIPCd002446
ReturnHeader/ReturnTs02023-05-15T17:37:18-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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