Rise Above Foundation
- Assets
- $434.9k
- Revenue
- $813.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Northbridge, MA
- Founding
- 04/2010
- Data as of
- 06/2022
- EIN
- 27-1409946
Organization Overview
Rise Above Foundation is located in Northbridge, MA. The organization was established in 2010. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 06/2022, Rise Above Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rise Above 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 06/2022, Rise Above Foundation generated $813.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.9% each year . All expenses for the organization totaled $692.8k during the year ending 06/2022. While expenses have increased by 22.6% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOUNDED IN 2009, RISE ABOVE FOUNDATION, INC. PROVIDED MASSACHUSETTS CHILDREN IN FOSTER CARE WITH ACCESS TO ENRICHING ACTIVITIES, OPPORTUNITIES, AND EXPERIENCES. THE ORGANIZATION RESPONDS TO THE GROWING NEED TO GIVE YOUTH IN FOSTER CARE OPPORTUNITIES THAT PROVIDE THEM WITH A SENSE OF NORMALCY, PROVIDE COMFORT AND BUILD SELF-ESTEEM. BY FUNDING INDIVIDUAL WISHES FOR REQUEST LIKE KARATE, LAPTOPS, PROM EXPENSES AND CLARINET LESSONS, RISE ABOVE PROVIDES POSITIVE EXPERIENCES FOR FOSTER CHILDREN. SINCE ITS INCEPTION, THE ORGANIZATION HAS SERVED OVER 10,000 MASSACHUSETTS YOUTH, INCLUDING 1,800 IN THE LAST YEAR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 2009, RISE ABOVE FOUNDATION, INC. PROVIDED MASSACHUSETTS CHILDREN IN FOSTER CARE WITH ACCESS TO ENRICHING ACTIVITIES, OPPORTUNITIES, AND EXPERIENCES. THE ORGANIZATION RESPONDS TO THE GROWING NEED TO GIVE YOUTH IN FOSTER CARE OPPORTUNITIES THAT PROVIDE THEM WITH A SENSE OF NORMALCY, PROVIDE COMFORT AND BUILD SELF-ESTEEM. BY FUNDING INDIVIDUAL WISHES FOR REQUESTS LIKE KARATE, LAPTOPS, PROM EXPENSES AND CLARINET LESSONS, RISE ABOVE PROVIDES POSITIVE EXPERIENCES FOR FOSTER CHILDREN. SINCE ITS INCEPTION, THE ORGANIZATION HAS SERVED OVER 8,000 MASSACHUSETTS YOUTH, INCLUDING 1,700 IN THE LAST YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Baldiga Executive Director | Officer | 40 | $62,000 |
Wade Sulzman President | OfficerTrustee | 3 | $0 |
Michelle Cunha Secretary | OfficerTrustee | 1 | $0 |
Nick Pelletier Treasurer | OfficerTrustee | 1 | $0 |
Marcela Blue Director | Trustee | 1 | $0 |
Rachael Berry Director | Trustee | 1 | $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 | $813,001 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $813,001 |
| Total Program Service Revenue | $0 |
| 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 | $813,284 |
| 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. | $80,000 |
| Compensation of current officers, directors, key employees. | $24,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $89,892 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $701 |
| Payroll taxes | $12,487 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,992 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,120 |
| Advertising and promotion | $0 |
| Office expenses | $25,135 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,348 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $340 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,769 |
| All other expenses | $0 |
| Total functional expenses | $692,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $434,915 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| 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 | $0 |
| Total assets | $434,915 |
| Accounts payable and accrued expenses | $14,146 |
| 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 | $14,146 |
| Net assets without donor restrictions | $400,769 |
| Net assets with donor restrictions | $20,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $434,915 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Rise Above Foundation has recieved totaling $57,250.
| Awarding Organization | Amount |
|---|---|
Hanover Insurance Group Foundation Inc Worcester, MA PURPOSE: CHARITABLE CONTRIBUTION | $35,250 |
Middlesex Savings Charitable Foundation Inc Natick, MA PURPOSE: EXEMPT PURPOSE | $20,000 |
Bay State Savings Charitable Foundation Inc Worcester, MA PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Covenant House New York, NY | $156,506,513 | $87,221,273 |
Astor Services For Children & Families Rhinebeck, NY | $27,182,642 | $67,060,321 |
The Home For Little Wanderers Inc Boston, MA | $134,209,377 | $50,883,486 |
The Door - A Center Of Alternatives Inc New York, NY | $65,166,795 | $30,494,046 |
Parsons Child & Family Center Albany, NY | $44,937,796 | $54,919,831 |
Key Program Incorporated Framingham, MA | $22,606,194 | $38,919,739 |
North American Family Institute Inc Contoocook, NH | $21,539,897 | $39,217,895 |
Childrens Services Of Roxbury Inc Roxbury, MA | $20,233,511 | $37,938,957 |
Under 21 New York, NY | $10,929,107 | $32,304,678 |
House Of The Good Shepherd Utica, NY | $27,220,710 | $29,552,251 |
New Directions Youth And Family Services Inc Lockport, NY | $27,985,764 | $28,647,664 |
Criterion Child Enrichment Inc Milford, MA | $27,429,599 | $22,969,211 |