Carolina Rise

Organization Overview

Carolina Rise is located in Indian Trail, NC. The organization was established in 2009. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolina Rise 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 12/2022, Carolina Rise generated $518.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $534.7k during the year ending 12/2022. While expenses have increased by 16.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CAROLINA COURTS WILL PROVIDE A POSITIVE, ENERGETIC ENVIRONMENT FOR ATHLETES OF ALL AGES TO LEARN THE GAME OF BASKETBALL AND / OR VOLLEYBALL THROUGH HEALTHY COMPETITION, EXCELLENT INSTRUCTION AND EXPERIENCED COACHING THAT FOCUSES ON THE BUILDING OF SELF CONFIDENCE AND SELF ESTEEM. WHILE DEVELOPING YOUNG ATHLETES, WE WILL CONTINOUSLY STRIVE TO TEACH LIFE LESSONS AND VALUES THAT GO BEYOND THE GAME OF BASKETBALL AND / OR VOLLEYBALL. OUR VISION IS TO DEVELOP YOUNG ATHLETES PHYSICALLY, MENTALLY, AND SPIRITUALLY.OUR GOAL IS TO PROVIDE NATIONALLY RECORGNIZED CAMPS, PROGRAMS, CLINICS AND SPEAKERS THAT ARE TAILORED FOR THE DEVELOPMENT OF YOUTH AND ADULT ATHLETES IN THE GAME OF BASKETBALL AND VOLLEYBALL. COUPLED WITH A FIRST CLASS FACILITY, WE WILL STRIVE FOR BOTH PARENTS AND CHILDREN TO HAVE 100% SATISFACTION IN ALL THE PROGRAMS AND SERVICES WE OFFER. OUR PROGRAM ALLOWED MANY GIRLS TO PLAY COMPETITIVE VOLLEYBALL AND MANY BOYS AND GIRLS TO COMPETE IN BASKETBALL ACROSS THE STATE OF NC AND THE SOUT

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR PROGRAM ALLOWED MANY GIRLS TO PLAY COMPETITIVE VOLLEYBALL AND MANY BOYS AND GIRLS TO COMPETE IN BASKETBALL ACROSS THE STATE OF NC AND THE SOUTHEAST REGION THESE TOURNAMENTS ALLOWED MANY OF OUR ATHLETES IN OUR PROGRAM TO GET NOTICED BY COLLEGES, WITH SEVERAL LEADING TO OFFERS OF SCHOLARSHIP TO MANY FINE UNIVERSITIES IN ADDITION, OUR PROGRAM ALLOWED OUR ATHLETES A PLACE TO IMPROVE THEIR VOLLEYBALL AND/OR BASKETBALL SKILLS IN A POSITIVE, SAFE AND CLEAN ENVIRONMENT


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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$965
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$965
Total Program Service Revenue$517,747
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 $518,712

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