Teens Rise Foundation
- Assets
- $7.8k
- Revenue
- $137.1k
- Investments
- $0.0
- Employees
- 0
- Location
- La Jolla, CA
- Founding
- 05/2019
- Data as of
- 06/2024
- EIN
- 83-4253684
Organization Overview
Teens Rise Foundation is located in La Jolla, CA. The organization was established in 2019. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teens Rise Foundation 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 06/2024, Teens Rise Foundation generated $137.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (25.2%) each year. All expenses for the organization totaled $171.8k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (27.8%) per year over the past 3 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TEENS RISE FOUNDATION SUPPORTS AT RISK AND LOWER INCOME COMMUNITIES BY PROVIDING ACADEMIC SERVICES AND COLLEGE READINESS SUPPORT. TEENS RISE FOUNDATION PARTNERS WITH NONPROFITS AND SCHOOLS TO PROVIDE THESE SERVICES TO HUNDREDS OF YOUTHS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE 2023-2024 ACADEMIC SCHOOL YEAR, OVER 10,000 STUDENTS RECEIVED ACADEMIC SUPPORT, 350 PARTICIPATED IN AFTER-SCHOOL YOUTH SPORTS AND MINDFULNESS WORKSHOPS, 500 PARTICIPATED IN CAREER EXPLORATION ACTIVITIES, 450 ENGAGED IN FAMILY WORKSHOPS, 350 ATTENDED COLLEGE SIGNING DAY EVENTS, OVER 1,500 EDUCATORS RECEIVED PROFESSIONAL DEVELOPMENT AND INSTRUCTIONAL RESOURCES, AND 800 STUDENTS ATTENDED PRESENTATIONS HOSTED BY FIRST GENERATION COLLEGE STUDENTS
TEENS RISE FOUNDATION OFFERS SCHOLARSHIPS TO HARD-WORKING AND HIGH ACHIEVING STUDENTS WHO EVIDENCE GRIT, HEART, AND PURPOSE. TEENS RISE FOUNDATION AWARDED 4 STUDENTS WITH COLLEGE SCHOLARSHIPS RANGING FROM $500 TO $5,000 EACH.
IN-SCHOOL AND AFTER-SCHOOL PROGRAMS DELIVERED BY TEENS RISE FOUNDATION INCLUDE TENNIS, ACADEMIC ENRICHMENT, PROFESSIONAL DEVELOPMENT, PARENT WORKSHOPS, CAREER PANELS, JOB SHADOWING, COLLEGE APP WORKSHOPS, COLLEGE CAMPUS TOURS, COLLEGE SCHOLARSHIPS, COLLEGE SIGNING DAY CELEBRATIONS, MENTORSHIP PROGRAMS, AND YOUTH YOGA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gabriella Millan Executive Director | Officer | 20 | $44,883 |
Monica Esqueda Vice Chairman | Officer | 2 | $0 |
Tyler Lopez Secretary | Officer | 2 | $0 |
William Avery Treasurer | Officer | 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 | $137,145 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $137,145 |
| Total Program Service Revenue | $0 |
| 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 | $137,145 |
| 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. | $54,650 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,217 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $7,389 |
| All other expenses | $0 |
| Total functional expenses | $171,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,786 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $7,786 |
| 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 | $7,786 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $7,786 |