Worth Rises Inc
- Assets
- $4.2m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 12
- Location
- New York, NY
- Founding
- Data as of
- 12/2021
- EIN
- 83-3653756
Organization Overview
Worth Rises Inc is located in New York, NY. According to its NTEE Classification (R05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Worth Rises Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Worth Rises 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 12/2021, Worth Rises Inc generated $4.2m in total revenue. All expenses for the organization totaled $975.0k during the year ending 12/2021. While expenses have increased by 11.0% per year over the past 2 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DISMANTLE THE PRISON INDUSTRY AND END THE EXPLOITATION OF THOSE IT TARGETS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POLICY CAMPAIGNS - WORTH RISES ORGANIZES AND SUPPORTS CAMPAIGNS THAT CHALLENGE THE POLICIES, INSTITUTIONS, AND PEOPLE WHO PROFIT FROM OUR NATION'S CARCERAL CRISIS. WE ENCOURAGE, EMPOWER, AND EQUIP COMMUNITY MEMBERS, ADVOCATES, INVESTORS, ELECTED OFFICIALS, LITIGATORS, AND THE PUBLIC TO JOIN OUR EFFORTS OR LAUNCH THEIR OWN.
PUBLIC EDUCATION - WORTH RISES CONDUCTS RESEARCH, COLLECTS DATA, AND PERFORMS ORIGINAL ANALYSES AIMED AT UNMASKING THE HARMS CAUSED BY THE PRISON INDUSTRY. UNDERSTANDING THE MOBILIZING POWER OF KNOWLEDGE, WE TRANSFORM OUR RESEARCH, DATA, AND ANALYSES INTO ACCESSIBLE AND COMPELLING CONTENT ALONGSIDE THE REAL STORIES OF DIRECTLY IMPACTED COMMUNITIES TO INCREASE AWARENESS AND SHIFT THE DISCOURSE AROUND MASS INCARCERATION.
CORPORATE CAMPAIGNS - WORTH RISES WORKS TO WEAKEN THE FINANCIAL STABILITY OF THE PRISON INDUSTRY TO DIMINISH ITS POWER OVER POLICY. WE UNDERMINE THE INDUSTRY'S REVENUE SOURCES, INCREASE THE COST OF DOING BUSINESS, REDUCE ACCESS TO CAPITAL, AND DECREASE THE POOL OF INVESTORS.
PROGRAM SERVICE FEES INCLUDING HONORARIUMS AND DATA LICENCING FEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bianca Tylek Executive Director | OfficerTrustee | 40 | $169,860 |
Jan Combopiano Chief Operating Officer | 40 | $117,008 | |
Michelle Daniel Jones Treasurer | OfficerTrustee | 2 | $0 |
Sam Jacobs Chair | OfficerTrustee | 2 | $0 |
Carter Stewart Board Member | Trustee | 2 | $0 |
Anika Warren Wood Board Member | Trustee | 2 | $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 | $4,219,259 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,219,259 |
| Total Program Service Revenue | $17,125 |
| Investment income | $6,708 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $820 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,243,912 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,950 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $281,112 |
| Compensation of current officers, directors, key employees. | $124,914 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $331,312 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $73,949 |
| Payroll taxes | $52,671 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,090 |
| Fees for services: Accounting | $39,783 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $91,755 |
| Advertising and promotion | $1,372 |
| Office expenses | $44,404 |
| Information technology | $19,677 |
| Royalties | $0 |
| Occupancy | $4,188 |
| Travel | $8,761 |
| 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 | $891 |
| Insurance | $4,114 |
| All other expenses | $0 |
| Total functional expenses | $975,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,367 |
| Savings and temporary cash investments | $2,670,695 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,419,047 |
| 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 | $20,833 |
| Net Land, buildings, and equipment | $1,899 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,179,841 |
| Accounts payable and accrued expenses | $44,452 |
| 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 | $44,452 |
| Net assets without donor restrictions | $2,761,782 |
| Net assets with donor restrictions | $1,373,607 |
| 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 | $4,179,841 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Worth Rises Inc has recieved totaling $1,276,843.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Civil Participation | $700,000 |
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $150,000 |
Insita Group Ltd Millerton, NY PURPOSE: GENERAL UNRESTRICTED | $100,000 |
Draper Richards Kaplan Foundation Menlo Park, CA PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: EDUCATIONAL PROGRAMS & OTHER STUDENT SVC | $50,000 |
The David Rockefeller Fund Inc New York, NY PURPOSE: DISMANTLING THE PRISON INDUSTRY AND ENDING THE EXPLOITATION OF THOSE IT TOUCHES | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Domestic Workers Alliance Inc New York, NY | $51,434,208 | $48,150,450 |
Measures For Justice Institute Rochester, NY | $12,209,741 | $9,014,420 |
Reflectus New York, NY | $2,932,365 | $179,560 |
Worth Rises Inc New York, NY | $4,179,841 | $4,243,912 |
People Power Initiatives Inc Burlington, VT | $115,374 | $782,081 |
Institute For The Study Of Global Anti-Semitism And Policy Inc New York, NY | $35,209 | $811,588 |
Sanders Institute Burlington, VT | $336,674 | $716,618 |
Christie Institute For Public Policy Inc Edison, NJ | $423,597 | $511,000 |
Citizens For Accountable Taxation Inc Mendham, NJ | $0 | $128,200 |
Dcreport Inc Rochester, NY | $0 | $0 |
Politics Reborn Inc Bayside, NY | $3,205 | $0 |
All Out Arts Inc New York City, NY | $35,486 | $0 |