Rise Child Development Inc
- Assets
- $122.9k
- Revenue
- $162.9k
- Investments
- $0.0
- Employees
- 6
- Location
- Round Rock, TX
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 82-4753609
Organization Overview
Rise Child Development Inc is located in Round Rock, TX. The organization was established in 2018. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 12/2021, Rise Child Development Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rise Child Development Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING AN ANTI-RACIST PRESCHOOL THAT IS INTENTIONALLY BUILDING AN EQUITABLE ECE CENTER.PROVIDING AN ANTI-RACIST PRESCHOOL THAT IS INTENTIONALLY BUILDING AN EQUITABLE EARLY CHILDHOOD EDUCATION CENTER FOR CHILDREN, FAMILIES AND STAFF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RISE CDC DISMANTLES INEQUITY IN EARLY CHILDHOOD EDUCATION IN CENTRAL TEXAS AND THROUGHOUT THE UNITED STATES. WE DO THIS BY CO-CREATING DIVERSE-BY-DESIGN EARLY CHILDHOOD EDUCATION CENTERS USING AN INNOVATIVE FINANCIAL MODEL DESIGNED TO REDUCE COSTS FOR FAMILIES AND INCREASE SALARIES FOR TEACHERS SO THEY ARE ABLE TO EARN A COMFORTABLE LIVING WAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Williams President | OfficerTrustee | 1 | $0 |
Alec Puente Secretary | OfficerTrustee | 1 | $0 |
Larry Elsner Treasurer | OfficerTrustee | 1 | $0 |
Choquette Hamilton CEO | Officer | 40 | $0 |
Michele Martell Board Member | Trustee | 1 | $0 |
Donald Degollado Co-Founder | Trustee | 1 | $0 |
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 | $153,407 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $153,407 |
| Total Program Service Revenue | $9,533 |
| 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 | $162,940 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,712 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,579 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,496 |
| Advertising and promotion | $317 |
| Office expenses | $921 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,358 |
| All other expenses | $0 |
| Total functional expenses | $51,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,287 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $68,662 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $122,949 |
| 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 | $0 |
| 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 | $122,949 |
| Total liabilities and net assets/fund balances | $122,949 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rise Child Development Inc has recieved totaling $56,500.
| Awarding Organization | Amount |
|---|---|
Ideoorg San Francisco, CA PURPOSE: GRANT TO SUPPORT THE INNOVATION OF STORYTELLING & MINDSET-SHIFT AROUND CHILDCARE AND EARLY LEARNING FOR 8 GRANTEES IN DIFFERENT CONTEXTS ACROSS THE COUNTRY | $45,000 |
Austin Community Foundation Austin, TX PURPOSE: SCHOLARSHIP FUND | $11,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Opportunities Of The Permian Basin Inc Odessa, TX | $3,693,464 | $8,563,372 |
Washington County Child Care Foundation Bartlesville, OK | $10,576,887 | $9,436,794 |
Central Texas 4c Inc Temple, TX | $3,947,327 | $8,012,001 |
Advance Child Care Inc Palestine, TX | $3,677,390 | $6,266,203 |
Geo-Son Child Care Services Inc Mcallen, TX | $627,795 | $5,505,457 |
Child Nutrition Inc Tuscola, TX | $443,325 | $5,358,207 |
Day Nursery Of Abilene Abilene, TX | $8,688,631 | $5,575,729 |
Apples And Oranges Corp Fort Worth, TX | $722,861 | $5,042,716 |
Child & Family Services Inc Of Lea County Hobbs, NM | $1,281,485 | $4,061,224 |
Pediplace Lewisville, TX | $2,701,486 | $4,644,453 |
Special Care Incorporated Oklahoma City, OK | $8,584,265 | $4,626,785 |
Early Learning Center Of Lubbock Inc Lubbock, TX | $2,309,692 | $3,481,441 |