Interise Inc

Organization Overview

Interise Inc is located in Boston, MA. The organization was established in 2008. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Interise Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interise 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 12/2021, Interise Inc generated $4.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. While expenses have increased by 0.1% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO STIMULATE ECONOMIC REVITALIZATION IN LOWER INCOME COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INTERISE BUILDS RESILIENT COMMUNITIES. OUR STREETWISE MBA PROVIDES ESTABLISHED SMALL BUSINESS OWNERS IN LOWER INCOME COMMUNITIES WITH THE MANAGEMENT KNOWLEDGE, BUSINESS KNOW-HOW, AND ACCESS TO THE NETWORKS NEEDED FOR FURTHER GROWTH. AS THEIR BUSINESSES GROW, THEY GENERATE NET NEW JOB GROWTH AND DEVELOP INTO COMMUNITY LEADERS.


IN ORDER TO SCALE INTERISES MISSION NATIONALLY, INTERISE HAS SINCE 2010 LICENSED THE USE OF ITS EDUCATIONAL PROGRAMS TO A NETWORK OF PARTNERS. LICENSING ALLOWS INTERISE TO SCALE RAPIDLY, WHILE ENSURING CONTINUING QUALITY AND IMPACT.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Darrell Byers
CEO
$193,414
Deidre Coyle
Development
$165,453
Bernard Johnson
Program Dire
$132,895
Alvaro Lima
Treasurer
$0
Margaret Poisson
Treasurer
$0
Tracey Wiley
Board Presid
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kcp Advisory Group
Accounting
$117,325
Fourth Economy Consulting
Strategic Planning
$102,615
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,914,163
All other contributions, gifts, grants, and similar amounts not included above$1,406,436
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,320,599
Total Program Service Revenue$617,574
Investment income $230
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 $4,942,070

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Interise Inc has recieved totaling $1,005,023.

Awarding OrganizationAmount
Bill & Melinda Gates Foundation

Seattle, WA

PURPOSE: U.S. ECONOMIC MOBILITY & OPPORTUNITY

$1,000,023
Cambridge Savings Charitable Foundation Inc

Cambridge, MA

PURPOSE: EXEMPT PURPOSE

$5,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or