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Rise Scholarship Foundation Inc

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

EIN: 272107377 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Rise Scholarship Foundation Inc?

Rise Scholarship Foundation Inc, located in Atlanta, Georgia, is a distinguished nonprofit organization with a mission to uplift students who learn differently. They achieve this by granting funds to programs that cater to students with learning disabilities (LD) and Autism Spectrum Disorder (ASD). The Foundation's work not only includes financial aid but also plays a significant role in promoting awareness and education related to these conditions. By providing grants to suitable programs, Rise Scholarship Foundation Inc actively contributes to the betterment of these students' learning experiences, ultimately fostering an inclusive and supportive educational environment.


Official website here: www.risescholarshipfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Stars

The Rise Scholarship Foundation Inc has received a low rating of 53%, indicating significant concerns in its accountability and financial practices. A key issue is the complete lack of independent board members, which raises questions about governance and oversight. The absence of critical policies such as conflict of interest and whistleblower protection further highlights the organization's weaknesses in maintaining transparency and ethical practices.

On a more positive note, the foundation has shown a strong commitment to its program expenses, achieving a 100% program expense ratio. This suggests that all of its expenditures are directed towards its charitable mission. Additionally, the organization has demonstrated a solid liabilities-to-assets ratio of 0%, indicating financial stability in terms of obligations relative to its assets.

However, the absence of essential documentation, including board meeting minutes and the nonprofit's tax form on its website, reflects a lack of organizational transparency. These limitations may undermine donor confidence and hinder the foundation's ability to attract support. Overall, while the foundation effectively directs its funds towards its programs, significant governance and transparency issues need to be addressed.


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

Is Rise Scholarship Foundation Inc legitimate?

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

For more financial information, click here


Official website here: www.risescholarshipfoundation.org

What is the mission statement of Rise Scholarship Foundation Inc?

The Rise Scholarship Foundation Inc's mission is centered around enhancing the learning experiences of students who have learning differences, such as those with Learning Disabilities (LD) and Autism Spectrum Disorder (ASD). They achieve this by providing grants to programs that not only serve these students but also raise awareness and offer education about these conditions. The foundation's goal is to support initiatives that aim to improve the understanding and educational opportunities for these students, contributing to their overall development.


Official website here: www.risescholarshipfoundation.org

Who is the CEO of Rise Scholarship Foundation Inc?

Jennifer Young is the Director of Rise Scholarship Foundation Inc.


Official website here: www.risescholarshipfoundation.org

What is the revenue of Rise Scholarship Foundation Inc?

Rise Scholarship Foundation Inc's revenue in 2022 was $6,082.


Official website here: www.risescholarshipfoundation.org

Who are the executives of Rise Scholarship Foundation Inc and what are their salaries?


Here are 2 key members and their salaries:


Jennifer Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.risescholarshipfoundation.org

Where can I find the form 990 for Rise Scholarship Foundation Inc?

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


Official website here: www.risescholarshipfoundation.org

Learn more at the official website: www.risescholarshipfoundation.org

Mission Statement of Rise Scholarship Foundation Inc

The Rise Scholarship Foundation Inc is committed to enhancing the learning experiences of students who have learning differences, specifically those with Learning Disabilities (LD) and Autism Spectrum Disorder (ASD). This nonprofit organization achieves its mission by providing grants to programs that serve these students, fostering awareness and education in this area. By doing so, the Rise Scholarship Foundation Inc aims to improve the lives of these students and empower them to reach their full potential. The foundation's grants support programs that cater to the unique needs of these students, ensuring they receive the necessary resources and attention to thrive in their educational journey.

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Impact




August, 2024

Rise Scholarship Foundation Inc's impact is clear and significant - by providing grants to programs that serve and educate students with learning differences such as LD and ASD, they are enhancing the educational opportunities and support available to these students. Through their efforts, they are not only fostering awareness but also actively contributing to the empowerment and development of students who learn differently. Their dedication to this cause is commendable and is making a tangible difference in the lives of those they support.




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

Revenue
$6,082 (2022)
Expenses
$37,172 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,530
  • Gross Receipts: $6,082

Assets and Liabilities:

  • Total Assets: $375,986
  • Total Liabilities: $0
  • Net Assets: $375,986

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Organization Details

Founding Year

2010

Principal Officer

Jennifer Young

Main Address

4980 POWERS FERRY ROAD, ATLANTA, GA, 30327

NTEE Category

Code: B82 - Education

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