Overview
What is Rhode Islanders Sponsoring Education?
Rhode Islanders Sponsoring Education (RISE) is a nonprofit organization situated in Providence, Rhode Island. With a mission to support children of incarcerated parents, RISE offers various educational opportunities and mentoring programs. They provide tuition assistance to qualifying children, enabling them to attend independent high schools with a rigorous curriculum and a focus on character building. Additionally, RISE offers a mentoring program for children aged 7 to high school, aiming to increase their access to dependable adults and enriching experiences. Furthermore, RISE offers learning supports as needed and extends support to the families of the youth. The organization, led by a team of one dedicated individual, plays a significant role in fostering the education and well-being of these children.
Official website here: www.riseonline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
Rhode Islanders Sponsoring Education has received a two-star rating due to its 73% score in accountability and finance. The organization demonstrates strengths in governance, with a fully independent board comprising ten members and no reported material diversion of assets. Its program expense ratio is notably high at 81.04%, indicating a strong commitment to spending on its educational initiatives.
However, the nonprofit faces significant limitations in transparency and governance policies. It lacks a whistleblower policy and a document retention policy, which raises concerns about its internal controls. Additionally, the absence of financial statements available for public viewing limits the accessibility of financial information, which is crucial for donor trust and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Rhode Islanders Sponsoring Education legitimate?
Rhode Islanders Sponsoring Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rhode Islanders Sponsoring Education submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $69,038
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.riseonline.org
What is the mission statement of Rhode Islanders Sponsoring Education?
Rhode Islanders Sponsoring Education is an organization dedicated to supporting the education of children with incarcerated parents. Their mission is to provide scholarships and mentoring to these children, aiming to enhance their academic opportunities and offer a supportive network. They offer tuition assistance to qualified students to attend independent schools with rigorous curriculums, and provide a mentoring program for children aged 7 to high school. The goal is to increase access to reliable adults and enriching experiences, encouraging high school completion and post-secondary planning. Additionally, they offer necessary learning supports and assist families of the youth as well.
Official website here: www.riseonline.org
Who is the CEO of Rhode Islanders Sponsoring Education?
Kaitlin Della Grotta is the Founder-Board Member of Rhode Islanders Sponsoring Education.
Official website here: www.riseonline.org
What is the revenue of Rhode Islanders Sponsoring Education?
Rhode Islanders Sponsoring Education's revenue in 2022 was $496,055.
Official website here: www.riseonline.org
Who are the executives of Rhode Islanders Sponsoring Education and what are their salaries?
The average compensation at Rhode Islanders Sponsoring Education during 2022 was $69,038. There is 1 employee at Rhode Islanders Sponsoring Education.
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- Compensation: $69,038
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Official website here: www.riseonline.org
Where can I find the form 990 for Rhode Islanders Sponsoring Education?
Rhode Islanders Sponsoring Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riseonline.org
Learn more at the official website: www.riseonline.org
Mission Statement of Rhode Islanders Sponsoring Education
Rhode Islanders Sponsoring Education, or RISE, is an organization committed to providing scholarships and mentoring to children whose parents are currently or were previously incarcerated. Its mission is to offer tuition assistance on a competitive basis to qualified children, enabling them to attend independent high schools that emphasize rigorous academics, high expectations, and character development. Beyond financial aid, RISE also implements a mentoring program for children between the ages of 7 and high school, aiming to increase their access to reliable and supportive adults, and to provide enriching experiences that encourage high school completion and post-secondary planning. Furthermore, RISE recognizes the importance of supporting the families of these youth and provides necessary learning supports as needed. In essence, RISE is dedicated to empowering these children and their families, helping them overcome the challenges posed by incarceration and striving for a brighter future.
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Impact
July, 2024
Rhode Islanders Sponsoring Education, known as RISE, has a significant impact on the lives of children of currently and formerly incarcerated parents. The organization provides scholarships and mentoring to approximately 94 students, offering them educational opportunities that may otherwise be out of reach. RISE's program not only gives these children access to tuition assistance for independent high schools with rigorous academic curriculums, but also provides a mentoring program to cultivate relationships with caring adults. By offering learning supports and guidance for post-secondary planning, RISE is instrumental in inspiring high school completion and empowering these students to reach their full potential.
This information is meant to be a general summary of Rhode Islanders Sponsoring Education. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,970
- Gross Receipts: $496,055
Assets and Liabilities:
- Total Assets: $585,686
- Total Liabilities: $9,622
- Net Assets: $576,064
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Organization Details
Founding Year
1997
Phone
(401) 421-2010Principal Officer
Kaitlin Della Grotta
Main Address
11 South Angell Street 394, Providence, RI, 02906
Website
www.riseonline.orgNTEE Category
Code: T30 - Philanthropy
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