Overview
What is Rise Academy?
Rise Academy is a public charter school situated in Lubbock, Texas, specifically at 207 N MLK BLVD. Its primary mission is to empower low-income students, offering them a solid educational foundation that prepares them for rigorous college preparation programs upon completing their 8th grade. The school's activity and mission involve direct interaction between staff and students, aiming to foster academic competitiveness and provide necessary resources for staff development. Rise Academy employs a team of 57 individuals, dedicated to achieving this goal.
Official website here: www.riseacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Rise Academy has achieved an overall score of 81%, reflecting strong performance in accountability and finance, which is crucial for building trust and transparency with donors and stakeholders. The high percentage of independent board members and the absence of material diversion of assets highlight a commitment to integrity in governance and financial management.
The organization demonstrates a solid program expense ratio of 73.29%, indicating that a significant portion of its expenditures is directed towards its programs, which is a positive aspect for funders. However, there are notable gaps in its policies, as it lacks a whistleblower policy and a document retention and destruction policy, which could raise concerns about internal controls and accountability.
Overall, while Rise Academy has achieved a commendable rating based on its fiscal responsibility and governance, the missing policies suggest areas for improvement that could enhance its operational effectiveness and overall trustworthiness within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Rise Academy legitimate?
Rise Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rise Academy 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,912,668
For more financial information, click here
Official website here: www.riseacademy.org
What is the mission statement of Rise Academy?
Rise Academy, as a public charter school, is committed to enhancing the lives of low-income students. Its mission is to provide these students with a rigorous education, aiming to prepare them for challenging college prep programs in high school after completing the 8th grade. The institution's primary focus is on delivering instruction and related services, which involve direct interaction between staff members and students to promote student learning and provide staff with necessary materials to achieve this goal. In essence, Rise Academy seeks to develop academically competitive students, equipping them with the essential knowledge and foundation for higher-level studies.
Official website here: www.riseacademy.org
Who is the CEO of Rise Academy?
Richard Baumgartner is the President & Director of Rise Academy.
Official website here: www.riseacademy.org
What is the revenue of Rise Academy?
Rise Academy's revenue in 2022 was $3,383,411.
Official website here: www.riseacademy.org
Who are the executives of Rise Academy and what are their salaries?
The average compensation at Rise Academy during 2022 was $35,310. There are 57 employees at Rise Academy.
Here are 4 key members and their salaries:
- Compensation: $100,000
- Related: $0
- Other: $2,666
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.riseacademy.org
Where can I find the form 990 for Rise Academy?
Rise Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riseacademy.org
Learn more at the official website: www.riseacademy.org
Mission Statement of Rise Academy
Rise Academy, a public charter school, is committed to enhancing the lives of low-income students. Its primary mission is to prepare academically competent students who are well-equipped to join rigorous college preparation programs at the high school level, following their graduation from the 8th grade. By providing rigorous education, Rise Academy aims to offer these students a brighter future and a chance to break the cycle of economic disadvantage.
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Impact
July, 2024
Rise Academy's impact is evident in the academic success of its students. By focusing on developing academically competitive students with the knowledge and foundation to enter demanding college preparatory programs, Rise Academy is directly influencing the futures of low-income students in Lubbock, Texas. Through its instruction and services that support student learning, Rise Academy is working towards equipping its students with the necessary tools to excel academically and pursue higher education opportunities. The school's mission to provide a better life prospect through rigorous education is making a tangible difference in the lives of the students it serves.
This information is meant to be a general summary of Rise Academy. 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: $6,476
- Gross Receipts: $3,383,411
Assets and Liabilities:
- Total Assets: $4,027,688
- Total Liabilities: $263,893
- Net Assets: $3,763,795
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Organization Details
Founding Year
1998
Phone
(806) 744-0438Principal Officer
Richard Baumgartner
Main Address
207 N MLK BLVD, LUBBOCK, TX, 79403
Website
www.riseacademy.orgNTEE Category
Code: B24 - Education
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