Overview
What is Worth Rises Inc?
Worth Rises Inc is a nonprofit organization situated in New York City, specifically at 85 Delancey Street, 2nd Floor. Their primary focus is to challenge the policies, institutions, and individuals profiting from the nation's carceral crisis. They encourage and empower various stakeholders, including community members, advocates, investors, elected officials, litigators, and the public, to join their efforts or launch their own campaigns against this issue. Their mission is to dismantle the prison industry and put an end to the exploitation of those it targets. With a team of 10 dedicated individuals, Worth Rises Inc works tirelessly to make a difference in addressing this critical social issue.
Official website here: www.worthrises.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Worth Rises Inc has received a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The charity’s overall score is based solely on its accountability metrics, indicating a high level of transparency and responsible management of funds.
The organization demonstrates a robust governance structure with 83% independent board members and the absence of any material diversion of assets. Additionally, Worth Rises has implemented comprehensive policies related to conflicts of interest, whistleblower protections, and document retention, further enhancing its accountability profile. The charity's effective financial management is showcased by a program expense ratio of over 70%, indicating that a significant portion of its funding directly supports its mission.
While the data highlights numerous strengths, there are no noted limitations or concerns regarding the charity's operations or financial practices. This positive overview suggests that Worth Rises Inc is a reliable organization committed to its cause, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Worth Rises Inc legitimate?
Worth Rises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Worth Rises 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: $735,646
Professional Fundraising Fees: $0
Other Salaries and Wages: $435,012
For more financial information, click here
Official website here: www.worthrises.org
What is the mission statement of Worth Rises Inc?
Worth Rises Inc's mission is centered around dismantling the prison industry and putting an end to the exploitation of those it affects. They achieve this by advocating for policy changes that challenge the policies, institutions, and individuals profiting from the nation's carceral crisis. Worth Rises encourages and empowers various groups, such as community members, advocates, investors, elected officials, litigators, and the public, to join their efforts or launch their own initiatives in this regard.
Official website here: www.worthrises.org
What is the revenue of Worth Rises Inc?
Worth Rises Inc's revenue in 2023 was $4,420,063.
Official website here: www.worthrises.org
Who are the executives of Worth Rises Inc and what are their salaries?
The average compensation at Worth Rises Inc during 2023 was $78,044. There are 15 employees and 6 volunteers at Worth Rises Inc.
Here are 11 key members and their salaries:
- Compensation: $224,700
- Related: $0
- Other: $9,332
- Compensation: $166,080
- Related: $0
- Other: $9,332
- Compensation: $122,720
- Related: $0
- Other: $9,108
- Compensation: $111,960
- Related: $0
- Other: $8,891
- Compensation: $106,877
- Related: $0
- Other: $8,586
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.worthrises.org
Where can I find the form 990 for Worth Rises Inc?
Worth Rises Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.worthrises.org
Learn more at the official website: www.worthrises.org
Mission Statement of Worth Rises Inc
Worth Rises Inc, a nonprofit organization, is committed to dismantling the prison industry and ending the exploitation of those it targets. Their mission involves challenging the policies, institutions, and individuals who benefit from the nation's carceral crisis. Worth Rises encourages and empowers various groups, including community members, advocates, investors, elected officials, litigators, and the public, to join their efforts or initiate their own campaigns. The organization aims to dismantle the prison industry by advocating for changes in policies and institutions that contribute to its existence and perpetuation.
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Impact
July, 2024
Worth Rises Inc is actively working to dismantle the prison industry and end the exploitation of those it targets. Through policy campaigns, the organization challenges the policies, institutions, and individuals who profit from the nation's carceral crisis. Worth Rises encourages, empowers, and equips various stakeholders, including community members, advocates, investors, elected officials, litigators, and the public, to join their efforts or initiate their own campaigns. The organization's focus on civil rights and its mission to address the injustices within the prison industry highlight its significant impact on advocating for systemic change and social justice.
This information is meant to be a general summary of Worth Rises 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.
- Investment Income: $116,327
- Program Service Revenue: $14,000
- Gross Receipts: $5,356,862
Assets and Liabilities:
- Total Assets: $4,869,655
- Total Liabilities: $68,235
- Net Assets: $4,801,420
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LICENSING FEES
Revenue
$14,000
Organization Details
Founding Year
2019
Principal Officer
Bianca Tylek
Website
www.worthrises.orgNTEE Category
Code: R05 - Civil rights
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