Patients Rising Inc
- Assets
- $87.8k
- Revenue
- $872.3k
- Investments
- $30.0k
- Employees
- 9
- Location
- Washington, DC
- Founding
- 06/2016
- Data as of
- 12/2022
- EIN
- 47-5016851
Organization Overview
Patients Rising Inc is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 12/2022, Patients Rising Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Patients Rising Inc 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, Patients Rising Inc generated $872.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. 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
PROVIDE SUPPORT AND EDUCATION TO PEOPLE WITH CHRONIC AND LIFE-THREATENING ILLNESSES AND ADVOCATE FOR ACCESS TO TREATMENTS, INNOVATIONS, AND CARE PATIENTS NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOICES OF VALUE IS A MULTI-MEDIA HUB BY PATIENTS FOR PATIENTS TO SHARE KNOWLEDGE AND ADVOCATE FOR THE NEEDS OF THEIR COMMUNITY. PATIENTS SHARE INSIGHTS AND PRESENT THE TRUE CHALLENGES OF LIVING WITH CHRONIC AND LIFE-THREATENING ILLNESSES.
PATIENTS RISING LEARNING IS A FREE ONLINE EDUCATIONAL PROGRAM DEVELOPED TO HELP PATIENTS AND CAREGIVERS BUILD SELF-ADVOCACY SKILLS, LEARN ABOUT THEIR CONDITIONS, NAVIGATE HEALTHCARE COVERAGE, AND ULTIMATELY GET ACCESS TO THE BEST CARE AND TREATMENT POSSIBLE.
PATIENT ACCESS AND AFFORDABILITY PROJECT: WE EVALUATE THE VARIOUS FRAMEWORKS THAT ASSESS AND DEMONSTRATE THE VALUE OF INNOVATIVE TREATMENTS. THESE TREATMENTS HELP PATIENTS WHO ARE LIVING WITH RARE AND CHRONIC DISEASES. AS THE MARKET BECOMES MORE INNOVATIVE, WE FOCUS ON WAYS TO PROMOTE ACCESS AND MAINTAIN AFFORDABILITY. WE LOOK BEYOND THE ONE-SIZE-FITS-ALL APPROACH, WHICH CAN DISCRIMINATE AGAINST PATIENTS. WE PROVIDE PATIENT-POWERED PATHWAYS TO HELP BOTH THE PAYERS AND GOVERNMENT AGENCIES AS THEY MAKE CRITICAL PAYMENT DECISIONS FOR THESE PAYMENTS.
PATIENTS RISING PROVIDES ONE ON ONE NAVIGATION SUPPORT SERVICES FOR PATIENTS THROUGH OUR CONCIERGE HELPLINE. WE DIRECTLY HELP PATIENTS WHO CALL AND EMAIL WITH DIRECT SUPPORT FROM ONE OF OUR STAFF MEMBERS. THIS CAN HELP THEM WITH ANYTHING FROM HOW TO FIND RESOURCES FOR FINANCIAL SUPPORT TO HOW TO WRITE A LETTER TO THEIR INSURER IF THEY HAVE BEEN DENIED COVERAGE FOR A NEEDED TREATMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Kabateck Chairman | OfficerTrustee | 5 | $0 |
Teressa Wilcox Executive Director | OfficerTrustee | 30 | $178,334 |
Darla S Bell Director | Trustee | 5 | $0 |
Jeffrey Oldham Director | Trustee | 5 | $0 |
Jonathan Wilcox Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Omni Health Media Consulting | 12/30/16 | $136,900 |
Seven Twenty Strategies Professional | 12/30/16 | $116,819 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $205,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $28,810 |
| All other contributions, gifts, grants, and similar amounts not included above | $638,441 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $872,251 |
| 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 | $872,251 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250 |
| 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. | $108,150 |
| Compensation of current officers, directors, key employees. | $27,038 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $244,819 |
| Pension plan accruals and contributions | $4,005 |
| Other employee benefits | $21,902 |
| Payroll taxes | $27,624 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,466 |
| Fees for services: Accounting | $21,377 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $861,012 |
| Advertising and promotion | $38,983 |
| Office expenses | $2,626 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,218 |
| Travel | $16,407 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $80,676 |
| Interest | $14,322 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,882 |
| All other expenses | $7,854 |
| Total functional expenses | $1,551,923 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,815 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $25,000 |
| 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 | $30,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $87,815 |
| Accounts payable and accrued expenses | $341,604 |
| 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 | $508,643 |
| Total liabilities | $850,247 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | -$762,432 |
| Total liabilities and net assets/fund balances | $87,815 |