Rise Colorado
- Assets
- $10.4m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 20
- Location
- Aurora, CO
- Founding
- 08/2015
- Data as of
- 06/2022
- EIN
- 47-3566342
Organization Overview
Rise Colorado is located in Aurora, CO. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, Rise Colorado employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rise Colorado 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 06/2022, Rise Colorado generated $9.3m in total revenue. All expenses for the organization totaled $2.8m during the year ending 06/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WORK TO EDUCATE, ENGAGE AND EMPOWER LOW INCOME FAMILIES AND FAMILIES OF COLOR TO END EDUCATIONAL INEQUALITY IN OUR PUBLIC SCHOOL SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION: THROUGH KNOWLEDGE BUILDING, LEADERSHIP DEVELOPMENT, AND ORGANIZING, OUR FAMILIES WILL END EDUCATIONAL INEQUITY. THEY WILL BECOME ACTIVE LEADERS WHO HAVE A VOICE AND THE TOOLS TO DEFINE, DEMAND, AND LEAD SYSTEMATIC CHANGE TO TRANSFORM OUR PUBLIC SCHOOLS.
EMERGENCY RELIEF: PROVIDED ESSENTIAL NEED ITEMS AND HOUSING FOR FAMILIES DISPLACED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jorge Castaneda Board Chair | OfficerTrustee | 2 | $0 |
Michelle Culver Director | Trustee | 1 | $0 |
Elisa Overall Director | Trustee | 1 | $0 |
Veronica Palmer Chief Executive Officer | Officer | 40 | $169,550 |
Traci Lacheta Chief Operating Officer | Officer | 40 | $130,178 |
Jocelyn Stephens Chief Strategy Officer | Officer | 40 | $141,735 |
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 | $9,181,253 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,181,253 |
| Total Program Service Revenue | $123,867 |
| Investment income | $118 |
| 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 | $9,305,738 |
| 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. | $445,841 |
| Compensation of current officers, directors, key employees. | $44,584 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,011,610 |
| Pension plan accruals and contributions | $71,705 |
| Other employee benefits | $104,642 |
| Payroll taxes | $117,092 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,699 |
| Fees for services: Accounting | $111,363 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $241,974 |
| Advertising and promotion | $0 |
| Office expenses | $13,695 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,059 |
| Travel | $12,606 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,080 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,743 |
| Insurance | $17,927 |
| All other expenses | $21,231 |
| Total functional expenses | $2,753,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,355,809 |
| Savings and temporary cash investments | $1,230,459 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,957 |
| 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 | $7,575 |
| Net Land, buildings, and equipment | $798,188 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,396,988 |
| Accounts payable and accrued expenses | $204,690 |
| 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 | $204,690 |
| Net assets without donor restrictions | $8,248,815 |
| Net assets with donor restrictions | $1,943,483 |
| 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 | $10,396,988 |