Foundation For Students Rising Above
- Assets
- $10.0m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 69
- Location
- San Francisco, CA
- Founding
- 09/2003
- Data as of
- 06/2022
- EIN
- 81-0615887
Organization Overview
Foundation For Students Rising Above, operating under the name Students Rising Above, is located in San Francisco, CA. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Students Rising Above employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Students Rising Above 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, Students Rising Above generated $5.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $4.4m during the year ending 06/2022. While expenses have increased by 1.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SRA EMPOWERS STUDENTS FACING SYSTEMIC BARRIERS TO DEFINE AND FIND SUCCESS THROUGH EDUCATION, CAREER, AND IN LIFE, WITH COLLEGE COMPLETION AND WORKFORCE DEVELOPMENT PROGRAMMING THAT SUPPORTS THEM THROUGH THEIR SENIOR YEAR OF HIGH SCHOOL, COLLEGE, AND INTO THE WORKFORCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SRA'S COLLEGE COMPLETION AND WORKFORCE DEVELOPMENT PROGRAMMING CONSISTS OF THREE PILLARS: A ONE-ON-ONE ADVISING PROGRAM, A TECHNOLOGY-BASED SOCIAL ENTERPRISE TOOL THAT PROVIDES AN ONLINE RESOURCE FOR STUDENTS AND PARTNERS NATIONWIDE, AND A VIRTUAL ADVISING PROGRAM. SRA'S RISING STARS PROGRAM PROVIDES COMPREHENSIVE ONE-ON-ONE ADVISING AND MENTORING, FINANCIAL ASSISTANCE, MENTAL HEALTH SUPPORT, AND CAREER DEVELOPMENT GUIDANCE TO SUPPORT STUDENTS IN COLLEGE ACCESS, COMPLETION AND WORKPLACE DEVELOPMENT. EXPERIENCED COLLEGE AND CAREER ADVISORS COLLABORATE WITH STUDENTS FROM THEIR FINAL YEAR OF HIGH SCHOOL THROUGH COLLEGE GRADUATION. (CONTINUED ON SCHEDULE O)THE SRA HUB IS A SOCIAL ENTERPRISE TOOL DESIGNED TO LEVERAGE TECHNOLOGY TO REACH SECONDARY AND POST-SECONDARY STUDENTS NATIONWIDE, CREATING TRANSFORMATIVE CHANGE FOR LOW-INCOME, FIRST-GENERATION COLLEGE STUDENTS THROUGH FACILITATING A SENSE OF AGENCY AND SELF-ADVOCACY VITAL TO AN INDIVIDUAL'S SOCIAL AND ECONOMIC CAPITAL. THE SRA HUB PROVIDES PROGRAMS, SERVICES, AND TOOLS TO ENRICH STUDENTS' SKILLS AND CAPACITIES FOR POST-SECONDARY READINESS, COLLEGE COMMITMENT, AND CAREER EXPLORATION. IT ALSO OFFERS AN ALWAYS-AVAILABLE SUPPORTIVE COMMUNITY FOR POST-SECONDARY COACHING AND CAREER DEVELOPMENT THROUGH SELF-GUIDED LEARNING, LIVE WEBINARS, A COMPREHENSIVE LIBRARY OF ARTICLES AND INTERACTIVE TOOLS, AND RESPONSES TO STUDENT QUESTIONS FROM TRAINED COLLEGE AND CAREER ADVISORS.STUDENTS ONLINE ACHIEVING RESULTS ("SOAR") IS SRA'S VIRTUAL ADVISING PROGRAM. SOAR COMBINES THE SCALABILITY OF THE SRA HUB WITH PERSONALIZED GUIDANCE FROM ASSIGNED COLLEGE AND CAREER ADVISORS THROUGH VIRTUAL STUDENT COHORTS AND COORDINATED LESSON PLANS. STUDENTS GAIN PEER SUPPORT AND SKILL DEVELOPMENT THROUGH ENGAGING IN COHORT ACTIVITIES, ADVANCING THEIR KNOWLEDGE BASE AND ENHANCING COLLEGE AND CAREER READINESS WHILE ON THE PATH TOWARDS POST-SECONDARY DEGREES AND CAREER-LADDER JOBS. SOAR PROGRAMMING IS OFFERED TO STUDENTS USING THE TOOLS AND RESOURCES OF THE SRA HUB, BOTH THROUGH COLLABORATIVE PARTNERSHIP AGREEMENTS AND INDEPENDENTLY THROUGH SRA-LED COHORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Jordan Devaney Chief Executive Officer | Officer | 50 | $255,000 |
Laura Cashion Director Of Finance | 50 | $125,450 | |
Sarah Fahey Director Of Mktg/comms (left 5/2022) | 50 | $116,762 | |
Julius Robinson Board Chair | OfficerTrustee | 3 | $0 |
Carolyn Reiser Vice Chair | OfficerTrustee | 3 | $0 |
Kim Laughton Corporate Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $453,160 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,978,879 |
| Noncash contributions included in lines 1a–1f | $321,823 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,432,039 |
| Total Program Service Revenue | $111,446 |
| Investment income | $262,493 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $298,951 |
| Net Income from Fundraising Events | -$54,739 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,050,190 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $887,966 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $233,500 |
| Compensation of current officers, directors, key employees. | $116,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,430,839 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $79,712 |
| Payroll taxes | $205,924 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,606 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $35,923 |
| Fees for services: Other | $132,810 |
| Advertising and promotion | $20,251 |
| Office expenses | $79,589 |
| Information technology | $174,553 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,030 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $30,018 |
| All other expenses | $0 |
| Total functional expenses | $4,400,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,659,012 |
| Pledges and grants receivable | $613,858 |
| Accounts receivable, net | $101,184 |
| 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 | $247,944 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $7,147,689 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $233,375 |
| Total assets | $10,003,062 |
| Accounts payable and accrued expenses | $113,903 |
| Grants payable | $0 |
| Deferred revenue | $12,933 |
| 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 | $126,836 |
| Net assets without donor restrictions | $8,471,276 |
| Net assets with donor restrictions | $1,404,950 |
| 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 | $10,003,062 |
Grants Recieved
Over the last fiscal year, we have identified 19 grants that Foundation For Students Rising Above has recieved totaling $806,168.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $286,440 |
Wayne & Gladys Valley Charitable Foundation Oakland, CA PURPOSE: BUDGET SUPPORT | $200,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $93,394 |
Oregon Community Foundation Portland, OR PURPOSE: K12 Education | $35,409 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $27,250 |
Robert And Dana Emery Family Foundation Wilmington, DE PURPOSE: UNRESTRICTED GRANT RELATED TO SUPPORT HIGHER EDUCATION SCHOLARSHIPS FOR FIRST GENERATION STUDENTS OF NEED | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Groundswell Fund San Francisco, CA | $42,239,063 | $24,343,616 |
Americas Best Local Charities San Rafael, CA | $3,431,052 | $16,765,664 |
Bill Hannon Foundation Los Angeles, CA | $17,238,236 | $4,285,811 |
It Is Written Inc Riverside, CA | $12,378,597 | $15,533,924 |
Friends Of Family Health Center La Habra, CA | $48,269,218 | $21,982,956 |
Family Assistance Ministries San Clemente, CA | $4,435,253 | $12,485,569 |
Hidaya Foundation Santa Clara, CA | $4,651,500 | $12,437,401 |
Hyundai Hope On Wheels Fountain Valley, CA | $12,616,829 | $14,561,310 |
Philanthropic Impact Fund Beverly Hills, CA | $0 | $3,313,525 |
Providence Little Company Of Mary Foundation Torrance, CA | $121,035,875 | $18,031,300 |
Cambodian Childrens Fund Santa Monica, CA | $27,120,483 | $15,367,074 |
Xavier College Preparatory High School Palm Desert, CA | $46,603,211 | $9,301,462 |