Rise Together Innovation Center Inc
- Assets
- $868.9k
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- Data as of
- 12/2023
- EIN
- 85-3230655
Organization Overview
Rise Together Innovation Center Inc, operating under the name Rise Together Innovation Institute Inc, is located in Columbus, OH. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, 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. Rise Together Innovation Institute 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 12/2023, Rise Together Innovation Institute Inc generated $2.5m in total revenue. All expenses for the organization totaled $2.6m during the year ending 12/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO HARNESS THE COLLECTIVE POWER OF PEOPLE AND SYSTEMS TO DISRUPT STRUCTURAL RACISM AND ISSUES OF POVERTY TO ACHIEVE EQUITY FOR ALL OF FRANKLIN COUNTY RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED DEVELOPMENT OF THE COMMUNITY INFORMATION EXCHANGE, HOSTED ANNUAL POVERTY INNOVATION SUMMIT, PUBLISHED THE 2023 FRANKLIN COUNTY POVERTY SNAPSHOT REPORT, AND CONTINUED TO BUILD THE RISE TOGETHER INFRASTRUCTURE WHICH INCLUDED HIRING STAFF. ALL ACTIVITIES IN SERVICE TO OUR MISSION OF HARNESSING THE COLLECTIVE POWER OF PEOPLE AND SYSTEMS TO DISRUPT STRUCTURAL RACISM AND ISSUES OF POVERTY TO ACHIEVE EQUITY FOR ALL OF FRANKLIN COUNTY RESIDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trudy Bartley Board Chair | OfficerTrustee | 2 | $0 |
Matt Habash Board Vice-Chair | OfficerTrustee | 2 | $0 |
Sandy Doyle-Ahern Treasurer | OfficerTrustee | 2 | $0 |
Guadalupe Velasquez Secretary | OfficerTrustee | 2 | $0 |
Michael Corey Trustee | Trustee | 1 | $0 |
Terry Green Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,474,525 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,499,025 |
| 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 | $2,499,025 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,800,000 |
| 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. | $300,143 |
| Compensation of current officers, directors, key employees. | $45,021 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $162,439 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,309 |
| Payroll taxes | $13,772 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,017 |
| Fees for services: Accounting | $32,741 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $151,425 |
| Advertising and promotion | $85,726 |
| Office expenses | $5,778 |
| Information technology | $4,520 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,978 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,223 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $799 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,633,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $852,510 |
| 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 | $16,429 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $868,939 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $868,939 |
| 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 | $868,939 |