Sowega Rising
- Assets
- $272.0k
- Revenue
- $256.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Albany, GA
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 83-2761941
Organization Overview
Sowega Rising is located in Albany, GA. The organization was established in 2019. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sowega Rising 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 12/2021, Sowega Rising generated $256.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 26.2% each year . All expenses for the organization totaled $191.0k during the year ending 12/2021. 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
WE MOBILIZE PEOPLE AND RESOURCES TO IMPROVE THE WELLBEING QUALITY OF LIFE AND POLITICAL POWER OF MARGINALIZED SOUTHWEST GEORGIANS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC JUSTICE FOOD INSECURITY/ HUNGER/ FOOD JUSTICE CRIMINAL JUSTICE REFORM HISTORIC AND CULTURAL PRESERVATION RURAL HEALTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherrell Byrd CEO | Officer | $0 | |
Amna Farooqi CFO | Officer | $0 | |
James Pratt Secretary | Officer | $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 | $256,948 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $256,948 |
| 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 | $256,948 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,500 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,400 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $61,757 |
| Advertising and promotion | $4,558 |
| Office expenses | $4,465 |
| Information technology | $1,931 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $25 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $47,393 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,622 |
| Insurance | $0 |
| All other expenses | $51,902 |
| Total functional expenses | $191,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,594 |
| 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 | $91,451 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $272,045 |
| Accounts payable and accrued expenses | $1,475 |
| 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 | $1,475 |
| Net assets without donor restrictions | $270,570 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $272,045 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Sowega Rising has recieved totaling $87,500.
| Awarding Organization | Amount |
|---|---|
Bvm Capacity Building Institute Inc Atlanta, GA PURPOSE: General | $49,500 |
Neo Philanthropy Inc New York, NY PURPOSE: Program Grant | $15,000 |
Georgians For A Healthy Future Inc Atlanta, GA PURPOSE: SUPPORT ORGANIZATION | $13,000 |
Tides Foundation San Francisco, CA PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Florida Tourism Industry Marketing Corporation Inc Tallahassee, FL | $33,820,067 | $62,895,567 |
Myrtle Beach Area Chamber Of Commerce Myrtle Beach, SC | $40,830,987 | $59,150,520 |
Orlando Orange County Convention & Visitors Bureau Inc Orlando, FL | $46,615,114 | $65,101,599 |
Greater Miami Convention And Visitors Bureau Inc Miami, FL | $31,705,005 | $32,926,540 |
Miami Association Of Realtors Inc Miami, FL | $56,284,695 | $21,744,917 |
Metropolitan Atlanta Chamber Of Commerce Inc Atlanta, GA | $19,028,351 | $14,011,506 |
Savannah Area Chamber Of Commerce Savannah, GA | $13,537,143 | $16,865,609 |
Orlando Regional Realtor Association Inc Orlando, FL | $41,443,880 | $9,652,407 |
Jacksonville Regional Chamber Of Commerce Inc Jacksonville, FL | $9,462,619 | $9,572,618 |
Charlotte Regional Realtor Association Inc Charlotte, NC | $53,438,404 | $12,494,849 |
Hilton Head Island Bluffton Chamber Of Commerce Hilton Head Island, SC | $3,721,536 | $8,774,772 |
North Carolina Association Of Realtors Inc Greensboro, NC | $31,160,587 | $11,391,480 |