Civic Intelligence

Rise Foundation Inc.

990 • Fiscal year 2023 • EIN 87-4102425

Jan 01, 2023 to Dec 31, 2023 • Filed on May 13, 2024

19902 Towhee CourtCanyon Country, CA 91351

(661) 993-0622

Siviq Scores

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

Liabilities / Assets

65th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE P30 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE P30 • <$500k nonprofits • Source year 2023

Net Margin

62nd percentile

19%

Higher net margin than 62% of similar nonprofits.

2023 filings • NTEE P30 • <$500k nonprofits • Source year 2023

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.

2023 filings • NTEE P30 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Assets

$14,465

No earlier filing loaded for comparison.

Net Assets

$14,465

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$61,787

No earlier filing loaded for comparison.

Expenses

$50,150

No earlier filing loaded for comparison.

Net Income

$11,637

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.

$15K$10K$5.0K$0Assets 2023: $14,465Liabilities 2023: $0Net Assets 2023: $14,4652023Assets 2024: $11,864Liabilities 2024: $0Net Assets 2024: $11,8642024

Highlighted filing

2023

Assets$14,465
Liabilities$0
Net Assets$14,465

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2023: $61,787Expenses 2023: $50,150Net Income 2023: $11,6372023Revenue 2024: $68,663Expenses 2024: $71,169Net Income 2024: -$2,5062024

Highlighted filing

2023

Revenue$61,787
Expenses$50,150
Net Income$11,637
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 13, 2024
Return Version
2023v5.0
Gross Receipts
$61,787
Mission and Program Overview

Mission

Aid the poor and provide basic necessities for children and their families in and facing foster care and partnering with other organizations to help families in distress.

Provide basic necessities for children and families in or facing foster care

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,828$14,465▲ $11,637
Rtn Earn Endowment Incm Other Fnds$2,828$14,465▲ $11,637
Total Assets$2,828$14,465▲ $11,637
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,828$14,465▲ $11,637
Total Liabilities and Net Assets / Fund Balance$2,828$14,465▲ $11,637
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jessica PrangeCoFounder
Meghan SimpsonCoFounder
Kari PhillippsCoFounder Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$61,787
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$54,652
Change in Net Assets
$11,637
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$50,150
Total Fundraising Expense$865
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses-$25,285-$25,285
Occupancy-$24,000-$24,000
Advertising--$865$865
Total Functional Expenses$0$49,285$865$50,150
International Activity

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

No review was or will be conducted

Part VI Line 12C

Annual disclosures.

Part VI Line 19

If requested via our information email.

Filing and Contact Details

Filer

Filer Name
RISE Foundation
EIN
87-4102425
In Care Of
% Kari Phillipps
Phone
6619930622
Address
19902 Towhee Court, Canyon Country, CA 91351

Signing Officer

Name
Kari Phillipps
Title
CoFounders and Treasurer
Phone
6619930622
Signed
2024-05-13

Organization Details

Principal Officer
Kari a Phillipps
Formed
2021
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
10
Raw XML Appendix261 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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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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