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The Rise Up Group Inc

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

EIN: 455512480 ✦ Hartford, CT ✦ Designated as a 501(c)(3)

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Overview

What is The Rise Up Group Inc?

The Rise Up Group Inc is a nonprofit organization that dedicates its efforts to nurturing youth development. They offer both financial and professional backing to organizations sharing this commitment. By extending their extensive network of professionals, The Rise Up Group facilitates valuable connections between youth and necessary resources, thereby empowering their growth and development.


Official website here: www.theriseupgroup.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67% (Two-Star out of Four Star rating).

The Rise Up Group Inc has received a Two-Star rating from Charity Navigator, indicating average performance in accountability and finance. Notably, the organization excels in having a fully independent board and maintaining a low liabilities to assets ratio, which reflects financial stability. Additionally, a significant portion of its expenses (72.48%) is allocated to program services, suggesting a strong focus on its mission-driven work.

However, the organization faces several limitations in its accountability practices. It lacks essential policies, such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for transparency and governance. Furthermore, the absence of documented board meeting minutes raises concerns about the organization's operational accountability.

Overall, while The Rise Up Group Inc shows commendable fiscal responsibility and governance in some areas, the gaps in crucial policies and documentation could hinder its effectiveness and trustworthiness in the eyes of potential donors and stakeholders.


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

Is The Rise Up Group Inc legitimate?

The Rise Up Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rise Up Group 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: $69,883
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,216

For more financial information, click here


Official website here: www.theriseupgroup.org

What is the mission statement of The Rise Up Group Inc?

The mission of The Rise Up Group Inc, as stated, is to extend financial and professional assistance to organizations dedicated to youth development. They facilitate this by connecting these organizations with their network of professionals, thereby providing youth with access to essential resources. This support aims to empower and foster growth in the youth sector.


Official website here: www.theriseupgroup.org

What is the revenue of The Rise Up Group Inc?

The Rise Up Group Inc's revenue in 2024 was $906,512.


Official website here: www.theriseupgroup.org

Who are the executives of The Rise Up Group Inc and what are their salaries?

The average compensation at The Rise Up Group Inc during 2024 was $37,550. There are 2 employees and 1000 volunteers at The Rise Up Group Inc.

Here are 7 key members and their salaries:


Robert Otaluka (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Amster (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trisana Spence (Secretery)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Demadis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Conway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Conway (Executive Director And Board Member)
  • Compensation: $69,883
  • Related: $0
  • Other: $10,145
Harry Amadasun (Director)
  • Compensation: $1,500
  • Related: $0
  • Other: $0


Official website here: www.theriseupgroup.org

Where can I find the form 990 for The Rise Up Group Inc?

The Rise Up Group Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.theriseupgroup.org

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

Mission Statement of The Rise Up Group Inc

The Rise Up Group Inc is an organization dedicated to supporting youth development. Its mission is twofold: firstly, it provides financial assistance to organizations that share this commitment. Secondly, it offers access to its extensive network of professionals, connecting these organizations with valuable resources. In essence, The Rise Up Group Inc serves as a bridge, facilitating the growth and success of youth-focused initiatives by providing both financial and professional backing.

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Impact




July, 2024

The Rise Up Group Inc provides crucial financial and professional support to organizations dedicated to youth development. By granting access to a valuable community of professional networks, the organization connects youth with essential resources. Through these efforts, The Rise Up Group Inc significantly impacts the lives of young individuals by facilitating avenues for growth, empowerment, and success.




This information is meant to be a general summary of The Rise Up Group 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
$906,512 (2024)
Expenses
$918,279 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,916
  • Program Service Revenue: $318,404
  • Gross Receipts: $906,512

Assets and Liabilities:

  • Total Assets: $182,804
  • Total Liabilities: $0
  • Net Assets: $182,804

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Programs

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

RiseUP for Arts

Revenue

$203,288

Home and Commercial Job Training Program

Revenue

$115,116

Program 3

Revenue

$0

Program 4

Revenue

$0

Program 5

Revenue

$0

Organization Details

Founding Year

2012

Principal Officer

Matt Conway

NTEE Category

Code: B80 - Education

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