All Raise is located in West Hollywood, CA. The organization was established in 2019. 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 12/2022, All Raise employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. All Raise 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 12/2022, All Raise generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $5.3m during the year ending 12/2022. 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
ALL RAISE PROPELS THE SUCCESS OF WOMEN AND NON-BINARY INVESTORS, FOUNDERS, AND OPERATORS BY CHANGING THE CULTURE AND COMPOSITION OF THE VENTURE CAPITAL ECOSYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2022 GET CITIES- ALL RAISE HAS SERVED OVER 1,092 FEMALE AND NONBINARY FOUNDERS, FUNDERS, AND OPERATORS IN 3 GET CITIES LOCATIONS (CHICAGO, IL; WASHINGTON, DC; AND MIAMI, FL). - ALL RAISE HAS SERVED AN ADDITIONAL 198 FEMALE AND NONBINARY FOUNDERS, FUNDERS, AND OPERATORS THROUGH ALL RAISE HEADQUARTERS PROGRAMS INCLUDING BLACK AND LATINX MEDIA MASTERY, VC COHORTS, AND VC CHAMPIONS. - ALL RAISE HAS SERVED 211 FEMALE, NONBINARY, AND MALE FOUNDERS VIA ITS FOUNDER MASTERCLASS; HOWEVER, WE DO NOT HAVE A MASTERCLASS ENROLLEE BREAKDOWN BY GEOGRAPHY. (CONTINUED ON SCH. O)
2022 VC SUMMIT- RACIAL MAKEUP: WE HIT OUR STRETCH GOAL OF 20% BLACK, LATINX, AND INDIGENOUS. THE MOST DIVERSE SUMMIT IN ALL RAISE HISTORY- NPS SCORE 49- 474 ATTENDEES- 22% OF ATTENDEES WERE BRAND-NEW COMMUNITY MEMBERSALL RAISE VC COHORTS AND CHAMPIONS- OF THE 130 PARTICIPANTS IN THE 2021 VC PRINCIPAL COHORTS, 11 WERE PROMOTED TO PARTNER IN 2022- $6,000 SPENT ON VC PRINCIPAL COHORTS = 1 PROMOTION ACHIEVED- 15% OF ALL 2022 PARTNER PROMOTIONS WERE 2021 ALL RAISE VC PRINCIPAL COHORT PARTICIPANTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mandela Schumacher-Hodge Dixon CEO | OfficerTrustee | 80 | $362,500 |
Riley Mullett Director Of Data And Research | 60 | $222,988 | |
Alexander Pinckney VP Marketing | 40 | $195,000 | |
Sruti Bharat Interim CEO | 60 | $153,826 | |
Paige Hendrix Chief Of Staff | 40 | $136,304 | |
Angela Pinto Sr. Exec. Assistan | 70 | $127,878 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Armanino Llp Consulting & Services | 12/30/22 | $230,399 |
Jody Mahoney Consulting & Services | 12/30/22 | $131,356 |
| 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 | $1,137,577 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,137,577 |
| Total Program Service Revenue | $963,302 |
| Investment income | $3 |
| 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 | $2,098,673 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,068,163 |
| 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. | $934,314 |
| Compensation of current officers, directors, key employees. | $484,126 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $657,325 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $125,862 |
| Payroll taxes | $111,352 |
| 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 | $1,034,248 |
| Advertising and promotion | $0 |
| Office expenses | $219,243 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,245 |
| Travel | $106,694 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,247 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,632 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,280,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,818,705 |
| Savings and temporary cash investments | $30,000 |
| Pledges and grants receivable | $3,794,670 |
| 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 | $27,041 |
| Net Land, buildings, and equipment | $827 |
| Investments—publicly traded securities | $27,444 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $11,287 |
| Other assets | $0 |
| Total assets | $11,709,974 |
| Accounts payable and accrued expenses | $223,661 |
| Grants payable | $0 |
| Deferred revenue | $209,000 |
| 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 | $432,661 |
| Net assets without donor restrictions | $6,280,133 |
| Net assets with donor restrictions | $4,997,180 |
| 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 | $11,709,974 |