Overview
What is Rise Above Foundation Inc?
Established in 2009, Rise Above Foundation Inc, based in Northbridge, Massachusetts, is a nonprofit organization dedicated to enhancing the lives of children in foster care. Recognizing the growing need for normalcy and self-esteem boosters, this organization provides enriching activities, opportunities, and experiences. Through individual funding for requests like karate lessons, laptops, prom expenses, and clarinet lessons, Rise Above Foundation offers positive experiences that bring comfort and confidence to these youth. Since its inception, the foundation has served over 10,000 Massachusetts children, with 1,963 beneficiaries in the last year. The organization has a small team of 4 individuals committed to its mission.
Official website here: www.weriseabove.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Rise Above Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's overall score is based entirely on its accountability and finance metrics, where it scored an impressive 96%. This high rating indicates that the organization maintains rigorous financial standards and demonstrates a commitment to transparency and effective management.
One of the notable strengths of Rise Above Foundation is its board governance, with a 100% independent board comprising 17 members. This independence enhances the organization’s decision-making process, ensuring that it operates without conflicts of interest. The foundation also has robust policies in place, such as conflict of interest, whistleblower, and document retention policies, which further underscore its commitment to ethical practices.
While the organization exhibits strong financial health, as evidenced by a low liabilities to assets ratio of 5.82% and a program expense ratio of 82.32%, indicating that a significant portion of its funds is directed towards its programs. Overall, the Rise Above Foundation Inc is recognized for its accountability and strong financial practices, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Rise Above Foundation Inc legitimate?
Rise Above Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rise Above Foundation Inc 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: $64,694
Professional Fundraising Fees: $0
Other Salaries and Wages: $129,030
For more financial information, click here
Official website here: www.weriseabove.org
What is the mission statement of Rise Above Foundation Inc?
The Rise Above Foundation Inc, established in 2009, focuses on providing enriching activities, opportunities, and experiences to children in foster care. Recognizing the growing need for normality, comfort, and self-esteem in these youth, the organization funds individual wishes such as karate classes, laptops, prom expenses, and clarinet lessons. This initiative aims to offer positive experiences that contribute to the well-being of foster children. Since its inception, the foundation has served over 10,000 youth in Massachusetts, including 1,963 in the last year.
Official website here: www.weriseabove.org
Who is the CEO of Rise Above Foundation Inc?
Sarah Baldiga is the President of Rise Above Foundation Inc.
Official website here: www.weriseabove.org
What is the revenue of Rise Above Foundation Inc?
Rise Above Foundation Inc's revenue in 2023 was $818,095.
Official website here: www.weriseabove.org
Who are the executives of Rise Above Foundation Inc and what are their salaries?
The average compensation at Rise Above Foundation Inc during 2023 was $48,431. There are 4 employees and 30 volunteers at Rise Above Foundation Inc.
Here are 18 key members and their salaries:
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Official website here: www.weriseabove.org
Where can I find the form 990 for Rise Above Foundation Inc?
Rise Above Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.weriseabove.org
Learn more at the official website: www.weriseabove.org
Mission Statement of Rise Above Foundation Inc
Rise Above Foundation Inc, established in 2009, has dedicated its mission to addressing the needs of children in foster care in Massachusetts. Recognizing the growing requirement for providing foster children with a sense of normalcy, comfort, and self-esteem, the organization offers enriching activities, opportunities, and experiences. By funding individual wishes such as karate classes, laptops, prom expenses, and clarinet lessons, Rise Above Foundation Inc aims to create positive experiences that uplift these youth. Since its inception, the foundation has served over 10,000 Massachusetts youth, including 1,963 in the last year. This nonprofit organization's initiatives strive to offer foster children the chance to engage in activities that contribute to their overall well-being and personal growth.
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Impact
October, 2024
Rise Above Foundation Inc. has significantly impacted the lives of children in foster care across Massachusetts since its founding in 2009. By providing access to enriching activities, opportunities, and experiences, the organization addresses the pressing need for normalcy and comfort in the lives of these youth. Over the years, it has served more than 10,000 young individuals, including nearly 2,000 in the past year alone.
The foundation plays a vital role in boosting the self-esteem of foster children by fulfilling individual wishes that range from funding karate lessons and laptops to covering prom expenses and clarinet lessons. These initiatives not only offer the children positive experiences but also contribute to their overall emotional and social development. By responding to the unique needs of foster youth, Rise Above Foundation Inc. helps create a sense of belonging and empowerment, ensuring they have opportunities to thrive despite challenging circumstances.
This information is meant to be a general summary of Rise Above Foundation Inc. 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 2023.
- Gross Receipts: $827,050
Assets and Liabilities:
- Total Assets: $494,286
- Total Liabilities: $28,772
- Net Assets: $465,514
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Organization Details
Founding Year
2009
Phone
(855) 246-8850Principal Officer
Sarah Baldiga
Main Address
PO BOX 174, NORTHBRIDGE, MA, 01534
Website
www.weriseabove.orgNTEE Category
Code: P30 - Human services
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