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Carolina Rise

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264065488 ✦ Indian trail, NC ✦ Designated as a 501(c)(3)

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Overview

What is Carolina Rise?

Carolina Rise is a nonprofit organization that offers a nurturing environment for athletes of all ages, primarily focusing on basketball and volleyball. Located in Indian Trail, North Carolina, the organization aims to enhance their athletes' skills while instilling confidence and values beyond the sports field. Carolina Rise achieves this through competitive games, expert coaching, and life lessons. Their programs and services, including nationally recognized camps and clinics, are designed to foster physical, mental, and spiritual growth in young and adult athletes. The organization has successfully provided opportunities for athletes across North Carolina and the Southeast region, allowing many to gain college scholarships.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 60%)

Carolina Rise has received a two-star rating from Charity Navigator, indicating significant areas for improvement in its accountability and financial practices. While the organization boasts a fully independent board, it struggles with transparency, as evidenced by several key financial reporting shortcomings. The overall score of 60% reflects these challenges, particularly in areas like financial statements and compliance with governance policies.

One notable strength is the organization's impressive program expense ratio of 99.89%, suggesting that it allocates a high percentage of its expenditures directly to its programs. This focus on programmatic spending indicates a commitment to fulfilling its mission effectively. Additionally, the organization has achieved a solid liabilities to assets ratio, showing stability in its financial structure.

However, concerns have been raised regarding the lack of critical policies and documentation, including conflict of interest, whistleblower, and document retention policies. The absence of publicly available financial documents on its website further compounds these issues. Overall, while Carolina Rise demonstrates strong programmatic commitment, it must address its transparency and governance practices to enhance its accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Carolina Rise legitimate?

Carolina Rise is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carolina Rise 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Carolina Rise?

Carolina Rise aims to create a positive and energetic environment for athletes of all ages, fostering their skills in basketball and volleyball through healthy competition, exceptional instruction, and experienced coaching. The organization values the development of self-confidence and self-esteem, and beyond the sports, it teaches life lessons and values that extend beyond the games. Carolina Rise's vision is to develop young athletes physically, mentally, and spiritually. Their goal is to provide nationally recognized camps, programs, clinics, and speakers tailored to the development of youth and adult athletes in basketball and volleyball. With a first-class facility, Carolina Rise strives for complete satisfaction from both parents and children, as their program has allowed numerous athletes to compete across various regions.

Who is the CEO of Carolina Rise?

Brian Morris is the Executive Di of Carolina Rise.

What is the revenue of Carolina Rise?

Carolina Rise's revenue in 2022 was $518,712.

Who are the executives of Carolina Rise and what are their salaries?


There is 1 key member and their salary:


Brian Morris (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Carolina Rise?

Carolina Rise's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Carolina Rise

Carolina Rise, a nonprofit organization, aims to create a positive and energetic environment for athletes of all ages. Their mission is to teach the games of basketball and volleyball through healthy competition, excellent instruction, and experienced coaching. This approach focuses on building self-confidence and self-esteem in young athletes, while also incorporating life lessons and values beyond the sports themselves. Carolina Rise aspires to develop young athletes physically, mentally, and spiritually.

The organization's goal is to provide nationally recognized camps, programs, clinics, and speakers tailored for the development of youth and adult athletes in basketball and volleyball. With a first-class facility, Carolina Rise strives to ensure both parents and children are completely satisfied with all the programs and services offered. The organization's program has allowed numerous girls to compete in volleyball and boys and girls to compete in basketball across the state and beyond.

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Impact




July, 2024

Carolina Rise has had a significant impact on the youth athletes in the Indian Trail, NC community and beyond. By providing a positive and energetic environment focused on developing self-confidence and self-esteem through basketball and volleyball, Carolina Rise has not only enhanced the athletic skills of many boys and girls but has also imparted important life lessons and values that extend beyond the game.

Through nationally recognized camps, programs, and clinics tailored for youth and adult athletes, Carolina Rise has helped numerous athletes improve physically, mentally, and spiritually. Their commitment to excellent instruction and experienced coaching has allowed many girls to compete in volleyball and boys and girls to excel in basketball tournaments across North Carolina and the Southeast region. These competitions have also served as platforms for athletes to showcase their talents to college scouts, resulting in scholarship offers to various universities.

Overall, Carolina Rise's dedication to fostering a safe, clean, and positive environment for athletes of all ages has had a lasting impact on the development and success of many young individuals in the realm of sports and beyond.




This information is meant to be a general summary of Carolina Rise. 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.

Revenue
$518,712 (2022)
Expenses
$534,697 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $517,747
  • Gross Receipts: $518,712

Assets and Liabilities:

  • Total Assets: $28,581
  • Total Liabilities: $2,809
  • Net Assets: $25,772

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RECEIPTS

Revenue

$517,747

Organization Details

Principal Officer

Brian Morris

Main Address

240 CHESTNUT PARKWAY, INDIAN TRAIL, NC, 28079

NTEE Category

Code: N62 - Recreation

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