The Rising From Ashes Foundation
- Assets
- $39.7k
- Revenue
- $334.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 11/2007
- Data as of
- 12/2018
- EIN
- 20-8332858
Organization Overview
The Rising From Ashes Foundation is located in Dallas, TX. The organization was established in 2007. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rising From Ashes Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2018, Rising From Ashes Foundation generated $334.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (66.1%) each year. All expenses for the organization totaled $1.9k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
RISING FROM ASHES FOUNDATION IS COMMITTED TO FURTHERING THE ECONOMIC DEVELOPMENT OF RWANDA THROUGH INITIATIVES BASED ON THE BICYCLE AS A TOOL AND SYMBOL OF HOPE. OUR GOAL IS USE THE BIKE TO HELP BOOST THE RWANDAN ECONOMY AS WELL AS RE-BRAND RWANDA AS A BEAUTIFUL AND SAFE PLACE TO DO BUSINESS AND VISIT FREELY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DOCUMENTARY RISING FROM THE ASHES (RSA) WAS COMPLETED IN 2012. THIS WAS IN CONJUNCTION WITH TEAM RWANDA'S CYCLIST COMPETING IN THE LONDON OLYMPICS. THIS FILM HAS BEEN A LONG TERM PROJECT WITHIN RISING FROM THE ASHES FOUNDATION. THE FILM (RSA) IS A KEY FACTOR IN COMMUNICATING THE MESSAGE OF RISING FROM THE ASHES FOUNDATION WHICH IS USING THE BIKE TO HELP FURTHER THE DEVELOPMENT OF RWANDA AND ITS CITIZENS. RISING FROM THE ASHES FOUNDATION IS COMMITTED TO A NUMBER OF SCREENING AND SHOWING OF THIS FILM IN NUMEROUS LOCATIONS ACROSS THE UNITED STATES AND EUROPE. OUR LONGER TERM GOAL REMAINS FURTHERING THE ECONOMIC GROWTH OF RWANDA AND ITS CITIZENS THROUGH THE USE OF THE BICYCLE FOR FARMING, TAXI, JOB-SHARING, AND MAINTENANCE PROGRAMS. IN ADDITION OUR SUPPORT OF THE FILM WILL HELP TO RAISE NEEDED FUNDS FOR THESE GOALS AND TEAM RWANDA SUPPORT. IN ADDITION TO COMMUNICATING THE MESSAGE OF HOPE TO RWANDANS AND OTHERS.
DURING 2013 PROJECT RWANDA TRANSITION, THE SALES AND MAINTENANCE OF THE CARGO BIKES TO A RWANDAN NATIONAL. THIS HAD BEEN PART OF THE LONG-TERM PLAN IN ORDER FOR THE BIKE DISTRIBUTION YP NE RWANDA LEAD. PROJECT RWANDA SOLD REMAINING IN COUNTRY INVENTORY OF BIKES AND PARTS. PROJECT RWANDA IS CONTINUING TO HELP SUPPLY PARTS AND MAINTENANCE PROGRAMS THROUGH A JOINT VENTURE WITH WORLD BICYCLE RELIEF (WBR). PROJECT RWANDA SENT RWANDAN NATIONALS TO AN EXTENDED MAINTENANCE SCHOOL PROVIDED BY WORLD BICYCLE RELIEF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Cooper Secretary | OfficerTrustee | 5 | $0 |
Peb Jackson President | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $334 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $334 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $5 |
| Total functional expenses | $1,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,383 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $405 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,381 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $536 |
| Total assets | $39,705 |
| Accounts payable and accrued expenses | $314 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $314 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $204,604 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $39,391 |