Overview
What is Rise Up Foundation?
The Rise Up Foundation is a charitable organization situated in McHenry, Illinois. Their primary mission is to support children and their families by raising funds through benefit concerts. These funds are then allocated to construct a splash pad within the city, providing a fun and enjoyable recreational space for the local community's youth. The foundation's activities are focused on this specific project, aiming to contribute positively to the lives of children and their families in McHenry.
Official website here: www.riseupfoundationmchenry.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%, Two-Star out of Four Star rating
The Rise Up Foundation has received a two-star rating from Charity Navigator, indicating some concerns in its accountability and financial practices. Although the organization scores well in categories such as having an independent board and maintaining proper documentation for board meeting minutes, there are significant weaknesses, particularly in transparency and governance policies.
The foundation's strengths include a perfect score for its program expense ratio, which suggests that a large portion of its funds is directed towards its programs. However, the low scores in critical areas like conflict of interest and whistleblower policies raise red flags about the organization's governance structure. The lack of a documented conflict of interest policy might hinder accountability within the organization.
Additionally, the foundation did not score well on the transparency front, as it failed to post its tax form on its website and received zero points for its liabilities to assets ratio. These limitations highlight the need for improvements in financial transparency and governance practices to enhance stakeholder trust and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Rise Up Foundation legitimate?
Rise Up Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rise Up Foundation 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.riseupfoundationmchenry.org
What is the mission statement of Rise Up Foundation?
The Rise Up Foundation's mission is centered around supporting children and their families. They accomplish this by funding various projects. The organization raises funds through benefit concerts, which they then utilize to fund initiatives, as exemplified by their project to construct a splash pad in McHenry, Illinois. In essence, the Rise Up Foundation seeks to enrich the lives of children and their families through its financial contributions to worthy projects.
Official website here: www.riseupfoundationmchenry.org
Who is the CEO of Rise Up Foundation?
Wayne Jett is the President of Rise Up Foundation.
Official website here: www.riseupfoundationmchenry.org
What is the revenue of Rise Up Foundation?
Rise Up Foundation's revenue in 2022 was $555,770.
Official website here: www.riseupfoundationmchenry.org
Who are the executives of Rise Up Foundation and what are their salaries?
There 300 volunteers at Rise Up Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.riseupfoundationmchenry.org
Where can I find the form 990 for Rise Up Foundation?
Rise Up Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riseupfoundationmchenry.org
Learn more at the official website: www.riseupfoundationmchenry.org
Mission Statement of Rise Up Foundation
The Rise Up Foundation, a nonprofit organization, is committed to funding projects that benefit children and their families. This mission is accomplished through the organization's unique approach of hosting benefit concerts. The funds raised from these events are then utilized to carry out projects, such as constructing a splash pad in the city of McHenry, Illinois. By doing so, Rise Up Foundation contributes to the overall well-being and enjoyment of children in the community.
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Impact
July, 2024
The Rise Up Foundation's impact is profound, as it directly benefits children and their families by funding projects that enhance their quality of life. Through benefit concerts and fundraising efforts, the foundation has been able to build a splash pad in McHenry, Illinois, providing a recreational space for the community to enjoy. This initiative not only creates a fun and safe environment for children to play in, but also contributes to strengthening family bonds and promoting community engagement. The Rise Up Foundation's commitment to supporting human services through tangible projects demonstrates its dedication to making a positive impact on the lives of those in need.
This information is meant to be a general summary of Rise Up Foundation. 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.
- Gross Receipts: $1,592,107
Assets and Liabilities:
- Total Assets: $461,876
- Total Liabilities: $526
- Net Assets: $461,350
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Organization Details
Founding Year
2019
Phone
(815) 529-3447Principal Officer
Wayne Jett
Main Address
1306 N GREEN ST, MCHENRY, IL, 60050
NTEE Category
Code: P99 - Human services
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