Nyc Kids Rise Inc

Organization Overview

Nyc Kids Rise Inc is located in Long Island City, NY. The organization was established in 2017. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2021, Nyc Kids Rise Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nyc Kids Rise 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 06/2021, Nyc Kids Rise Inc generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 51.8% each year . All expenses for the organization totaled $4.2m during the year ending 06/2021. While expenses have increased by 58.6% per year over the past 5 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.

Since 2019, Nyc Kids Rise Inc has awarded 18 individual grants totaling $180,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NYC KIDS RISE PROVIDES FAMILIES, SCHOOLS, AND COMMUNITIES WITH A WAY TO WORK TOGETHER TO SAVE FOR THEIR CHILDREN'S EDUCATION. BUILDING ON THE DREAMS AND EXPECTATIONS THAT FAMILIES HAVE FOR THEIR CHILDREN'S FUTURES, NYC KIDS RISE AIMS TO MAKE ATTENDING AND GRADUATING FROM COLLEGE MORE ACHIEVABLE FOR ALL NYC PUBLIC SCHOOL STUDENTS-REGARDLESS OF WHERE THEY COME FROM OR HOW MUCH THEIR FAMILIES HAVE IN THE BANK. NYC KIDS RISE MANAGES THE SAVE FOR COLLEGE PROGRAM IN PARTNERSHIP WITH THE NYC DEPARTMENT OF EDUCATION AND THE CITY OF NEW YORK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SAVE FOR COLLEGE - IN FY 2021, NYC KIDS RISE ENROLLED ITS FOURTH COHORT OF KINDERGARTNERS IN NYC SCHOOL DISTRICT 30 IN THE NYC KIDS RISE SAVE FOR COLLEGE PROGRAM, INCREASING THE TOTAL NUMBER OF ENROLLED STUDENTS TO MORE THAN 13,500, WHICH REPRESENTED 96% OF ALL THE KINDERGARTNERS, FIRST-GRADERS, SECOND GRADERS, AND THIRD-GRADERS ACROSS THE 39 ELEMENTARY SCHOOLS IN DISTRICT 30. EACH OF THOSE STUDENTS RECEIVED AN NYC SCHOLARSHIP ACCOUNT (A SUB-ACCOUNT WITHIN NY'S COLLEGE SAVINGS PROGRAM DIRECT PLAN). DURING THIS FISCAL YEAR, NYC KIDS RISE DEPOSITED MORE THAN $706,700 INTO PARTICIPATING STUDENTS' NYC SCHOLARSHIP ACCOUNTS, INCLUDING APPROXIMATELY $119,000 IN FAMILY-EARNED REWARDS AND MORE THAN $253,000 IN COMMUNITY SCHOLARSHIPS FROM LOCAL AND CITYWIDE ORGANIZATIONS AND INDIVIDUALS. THESE COMMUNITY SCHOLARSHIP EFFORTS ALSO INCLUDED NEW PROGRAMMATIC OFFERINGS FOR STUDENTS, INCLUDING 27 VIRTUAL COLLEGE AND CAREER SESSIONS FOR THIRD GRADERS. NYC KIDS RISE IMPLEMENTED THE SAVE FOR COLLEGE PROGRAM SCHOOL CALENDAR IN PARTNERSHIP WITH THE 39 SCHOOLS, WHICH INCLUDED KEY ANCHOR EVENTS SUCH AS NYC SCHOLARSHIP MONTH IN JANUARY AND 529 DAY IN MAY. NYC KIDS RISE ALSO PROVIDED TRAINING TO MORE THAN 438 PARENT COORDINATORS, SECRETARIES, TEACHERS, AND OTHER SCHOOL STAFF TO HELP THEM TAKE THE LEAD ON SUPPORTING EVERY KINDERGARTEN STUDENT TO ACTIVATE AND VIEW THEIR NYC SCHOLARSHIP ACCOUNTS AT EVENTS SUCH AS THESE. IN ADDITION, NYC KIDS RISE DESIGNED AND IMPLEMENTED 46 VIRTUAL FAMILY-FACING WORKSHOPS WHERE FAMILIES COULD LEARN MORE ABOUT THE PLATFORM AND RECEIVE ASSISTANCE TO TAKE THE FOUNDATIONAL STEPS IN THE PROGRAM; AND HOSTED 7 TOWN HALLS FOR THE SAVE FOR COLLEGE PROGRAM COMMUNITY, TO SHARE RESOURCES AND INFORMATION WITH FAMILIES. , FINALLY, NYC KIDS RISE CONTINUED TO ADVANCE SYSTEM CHANGES TO EXPAND ACCESS TO COLLEGE SAVINGS PRODUCTS FOR NYC'S DIVERSE LOW-INCOME FAMILIES, INCLUDING SUCCESSFULLY ADVOCATING FOR MONEY ORDERS AS AN ACCEPTABLE FORM OF DEPOSIT IN THE NY 529 PROGRAM.


COVID RELIEF - WITH THE ARRIVAL OF THE PANDEMIC, SCHOOL DISTRICT 30 FOUND ITSELF AT THE EPICENTER OF THE EPICENTER. NYC KIDS RISE WAS ABLE TO LEVERAGE ITS EXISTING PARTNERSHIPS, COMMUNICATIONS CHANNELS AND ACCOUNT INFRASTRUCTURE TO PROVIDE IMMEDIATE ASSISTANCE TO 5,396 PARTICIPATING FAMILIES IN THE FORM OF $150 GIFT CARDS IN FY21. COLLECTIVELY, FAMILIES RECEIVED $1.5 MILLION TO SUPPORT THEM WITH IMMEDIATE NEEDS SUCH AS BUYING FOOD, PAYING UTILITIES, PAYING RENT AND SUBSCRIBING TO INTERNET SERVICES FOR THE PURPOSES OF REMOTE LEARNING.


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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$4,156,565
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,156,565
Total Program Service Revenue$0
Investment income $562
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 $4,157,127

Grants Awarded

Over the last fiscal year, Nyc Kids Rise Inc has awarded $120,000 in support to 12 organizations.

Grant RecipientAmount

JACOB A RIIS NEIGHBORHOOD SETTLEMENT

Org PageRecipient Profile

Long Island City, NY

PURPOSE: CBO PROJECT

$10,000

MAKE THE ROAD NEW YORK

Org PageRecipient Profile

Jackson Heights, NY

PURPOSE: CBO PROJECT

$10,000

SUNNYSIDE COMMUNITY SERVICE INC

Org PageRecipient Profile

Long Island City, NY

PURPOSE: CBO PROJECT

$10,000

EAST RIVER DEVELOPMENT ALLIANCE INC

Org PageRecipient Profile

Long Island City, NY

PURPOSE: CBO PROJECT

$10,000

SUNNYSIDE COMMUNITY SERVICE INC

Org PageRecipient Profile

Long Island City, NY

PURPOSE: CBO PROJECT

$10,000

QUEENS COMMUNITY HOUSE INC

Org PageRecipient Profile

Forest Hills, NY

PURPOSE: CBO PROJECT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Nyc Kids Rise Inc has recieved totaling $5,005,000.

Awarding OrganizationAmount
Gray Foundation

Cohoes, NY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.

$5,000,000
Gray Foundation

Cohoes, NY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.

$5,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Jpc Charities
Newark, NJ
$14,483,540
Good Sports Inc
Braintree, MA
$17,640,081
Exploration School Inc
Norwood, MA
$12,294,773
West Side Center For Community Life Inc
New York, NY
$14,422,692
Camp Harbor View Foundation Inc
Boston, MA
$14,199,041
Utec Inc
Lowell, MA
$14,604,530
Shira Association Inc
Brooklyn, NY
$8,368,956
Chdfs Inc
New York, NY
$6,216,072
Metropolitan Development Center Inc
Brooklyn, NY
$7,487,789
Deal Sephardic Youth Center Inc
Oakhurst, NJ
$7,918,218
Exalt Youth
New York, NY
$8,836,761
Nyc Kids Rise Inc
Long Island City, NY
$4,157,127

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