Rise Colorado
- Assets
- $3.7m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 17
- Location
- Aurora, CO
- Founding
- 08/2015
- Data as of
- 06/2021
- EIN
- 47-3566342
Organization Overview
Rise Colorado is located in Aurora, CO. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Rise Colorado employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rise Colorado 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 06/2021, Rise Colorado generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 59.6% each year . All expenses for the organization totaled $2.6m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO EDUCATE, ENGAGE, AND EMPOWER LOW-INCOME FAMILIES OF COLOR TO RISE AS CHANGE AGENTS FOR EDUCATIONAL EQUITY IN OUR PUBLIC SCHOOL SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION: THROUGH KNOWLEDGE BUILDING, LEADERSHIP DEVELOPMENT, AND ORGANIZING, OUR FAMILIES WILL END EDUCATIONAL INEQUITY. THEY WILL BECOME ACTIVE LEADERS WHO HAVE A VOICE AND THE TOOLS TO DEFINE, DEMAND, AND LEAD SYSTEMATIC CHANGE TO TRANSFORM OUR PUBLIC SCHOOLS.
EMERGENCY RELIEF: PROVIDED ESSENTIAL NEED ITEMS AND HOUSING FOR FAMILIES DISPLACED.
EDUCATION: THROUGH KNOWLEDGE BUILDING, LEADERSHIP DEVELOPMENT, AND ORGANIZING, OUR FAMILIES WILL END EDUCATIONAL INEQUITY. THEY WILL BECOME ACTIVE LEADERS WHO HAVE A VOICE AND THE TOOLS TO DEFINE, DEMAND, AND LEAD SYSTEMATIC CHANGE TO TRANSFORM OUR PUBLIC SCHOOLS.
EMERGENCY RELIEF: PROVIDED ESSENTIAL NEED ITEMS AND HOUSING FOR FAMILIES DISPLACED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Veronica Palmer CEO | Officer | 40 | $162,401 |
Joan Schunck Interim-Chair & Treasurer | OfficerTrustee | 3 | $0 |
Jorge Castaneda Secretary | OfficerTrustee | 2 | $0 |
Michelle Culver Director | Trustee | 1 | $0 |
Elisa Overall 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 | $3,511,788 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,511,788 |
| Total Program Service Revenue | $18,110 |
| Investment income | $101 |
| 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 | $3,536,016 |
| 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. | $167,990 |
| Compensation of current officers, directors, key employees. | $16,799 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $964,153 |
| Pension plan accruals and contributions | $46,529 |
| Other employee benefits | $95,946 |
| Payroll taxes | $105,046 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,534 |
| Fees for services: Accounting | $86,640 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $139,840 |
| Advertising and promotion | $0 |
| Office expenses | $7,983 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,363 |
| Travel | $846 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,590 |
| Interest | $5,142 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,659 |
| Insurance | $16,955 |
| All other expenses | $37,538 |
| Total functional expenses | $2,606,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,996,619 |
| Savings and temporary cash investments | $952,303 |
| 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 | $756,327 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,705,249 |
| Accounts payable and accrued expenses | $65,216 |
| 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 | $65,216 |
| Net assets without donor restrictions | $2,426,267 |
| Net assets with donor restrictions | $1,213,766 |
| 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 | $3,705,249 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rise Colorado has recieved totaling $80,000.
| Awarding Organization | Amount |
|---|---|
Gates Family Foundation Denver, CO PURPOSE: PROJECT SUPPORT | $80,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wgu Labs Salt Lake City, UT | $5,412,542 | $17,199,300 |
Legacy Traditional School Maricopa Chandler, AZ | $18,281,409 | $11,917,984 |
Turing School Of Software And Design Denver, CO | $6,210,648 | $10,301,401 |
Rooted Denver, CO | $4,963,250 | $7,608,549 |
United States Space Foundation Colorado Springs, CO | $16,544,992 | $7,378,299 |
Collective For Youth Omaha, NE | $16,344,773 | $14,408,697 |
Youth Entrepreneurs Inc Wichita, KS | $8,370,922 | $6,293,107 |
Lena Foundation Louisville, CO | $6,954,124 | $11,160,800 |
Starfall Education Foundation Boulder, CO | $23,360,929 | $7,522,820 |
Oklahoma Public School Resource Center Inc Oklahoma City, OK | $4,660,216 | $8,536,647 |
North Valley Christian Academy Phoenix, AZ | $21,880,412 | $8,715,772 |
Communities In Schools Of Mid-America Inc Lawrence, KS | $5,926,043 | $10,689,088 |