Rise Academy
- Assets
- $4.3m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 37
- Location
- Omaha, NE
- Founding
- 03/2019
- Data as of
- 12/2023
- EIN
- 83-0583165
Organization Overview
Rise Academy is located in Omaha, NE. The organization was established in 2019. According to its NTEE Classification (J11) the organization is classified as: Single Organization Support, under the broad grouping of Employment and related organizations. As of 12/2023, Rise Academy employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rise Academy 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 12/2023, Rise Academy generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 32.9% each year . All expenses for the organization totaled $2.9m during the year ending 12/2023. While expenses have increased by 38.1% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RISE ACADEMY'S MISSION IS TO BREAK GENERATIONAL CYCLES OF INCARCERATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RISE ACADEMY'S IN-PRISON PROGRAM IS A SIX MONTH ENTREPRENEURSHIP, EMPLOYMENT READINESS AND CHARACTER DEVELOPMENT TRAINING PROGRAM THAT PREPARES INCARCERATED MEN, WOMEN, AND YOUTH NOT JUST FOR SUCCESSFUL RE-ETNRY, BUT ALSO FOR "LIFE BEYOND RE-ENTRY."
RISE ACADEMY'S RE-ENTRY PROGRAM OFFERS PROGRAM GRADUATES CASE MANAGEMENT SUPPORT UPON RELEASE. POST-RELEASE SERVICES INCLUDE RE-ENTRY PLANNING, JOB READINESS TRAINING AND SUPPORT FINDING HOUSING.
RISE ACADEMY'S POLICY & ADVOCACY CREATE OPPORTUNITIES FOR SYSTEM IMPACTED PEOPLE TO HAVE THEIR CONCERNS AND IDEAS VOICED AND HEARD DURING THE LEGISLATIVE PROCESS, BRING TOGETHER PEOPLE IMPACTED BY THE SYSTEM, ORGANIZATIONS, AND OTHER INDIVIDUALS TO CREATE A COALITION TO WORK IN SOLIDARITY TO ADVOCATE FOR CHANGES IN THE NEBRASKA CRIMINAL JUSTICE LANDSCAPE AND THE ECONOMIC AND SOCIAL EMPOWERMENT OF PEOPLE IMPACTED BY THE SYSTEM. LOBBY SUCCESSFULLY FOR POLICY AND LEGISLATIVE CHANGES AT ALL LEVELS OF GOVERNMENT THAT IMPACT THE DAILY LIVES OF PEOPLE IMPACTED BY THE SYSTEM AND THEIR FAMILIES FOR ECONOMIC AND SOCIAL OUTCOMES THAT INCLUDE EMPLOYMENT, HOUSING, TRANSPORTATION, EDUCATION, LIVING CONDITIONS AND CIVIC PARTICIPATION, AND PROVIDE THE RESOURCES, SKILLS, TRAINING AND BUILT CAPACITY TO MAINTAIN POLICY AND ADVOCACY EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Walker Board Chair | OfficerTrustee | 10 | $0 |
Leah Smejkal Board Finance Chair | OfficerTrustee | 10 | $0 |
Naomi Hattaway Member | Trustee | 10 | $0 |
Dr Mark Foxall Member | Trustee | 10 | $0 |
Ava Thomas Member | Trustee | 10 | $0 |
Bill Hobbs Member | Trustee | 10 | $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 | $3,687,684 |
| Noncash contributions included in lines 1a–1f | $4,050 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,687,684 |
| Total Program Service Revenue | $0 |
| Investment income | $23,850 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,135 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,715,669 |
| 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 | $1,670,130 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $414,140 |
| Payroll taxes | $126,267 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,750 |
| Fees for services: Accounting | $54,514 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,499 |
| Advertising and promotion | $25,822 |
| Office expenses | $70,610 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $108,232 |
| Travel | $84,482 |
| 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 | $9,817 |
| Insurance | $24,462 |
| All other expenses | $29,540 |
| Total functional expenses | $2,911,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,573,955 |
| Savings and temporary cash investments | $1,023,824 |
| Pledges and grants receivable | $1,552,600 |
| 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 | $35,618 |
| Net Land, buildings, and equipment | $43,408 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $80,220 |
| Total assets | $4,309,625 |
| Accounts payable and accrued expenses | $179,596 |
| 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 | $81,123 |
| Total liabilities | $260,719 |
| Net assets without donor restrictions | $2,256,295 |
| Net assets with donor restrictions | $1,792,611 |
| 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 | $4,309,625 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rise Academy Omaha, NE | $4,309,625 | $3,715,669 |
Colorado Sheet Metal Workers Training Fund Denver, CO | $4,178,805 | $3,517,400 |
Associated Builders & Contractors Of Iowa Trust Grimes, IA | $7,116,168 | $2,555,297 |
Construction Industry Laborers Training Fund Belton, MO | $4,535,777 | $1,711,667 |
Colorado Journeymen And Apprentices Training Fund For Operating Engine Denver, CO | $2,674,964 | $1,745,103 |
Ark Industries And Rehabilitation Center Memorial Foundation Laramie, WY | $6,780,984 | $607,371 |
Springfield Workshop Foundation Inc Springfield, MO | $8,322,777 | $510,442 |
International Brotherhood Of Boilermakers Local No 83 Kansas City, MO | $401,204 | $494,424 |
Denver Plumbers Home Building Association Aurora, CO | $3,420,907 | $433,058 |
Bean Factory Denver, CO | $6,149,065 | $70,134 |
Patriot Boot Camp Longmont, CO | $0 | $128,834 |