Connecticut Rise Network Inc

What it reported doing in 2024

The rise network has supported tens of thousands of students in achieving high school success and pursuing their college and career goals. Rise facilitates improvement networks, bringing together teachers, counselors, and administrators from diverse communities to solve shared challenges through disciplined improvement processes. Rise partners work together to pinpoint needs, pursue new innovations, and scale promising practices. Rise helps schools by investing in improvement infrastructure in three key areas. First, rise seek to empower educators through high-quality data systems and supporting tools. Second, rise builds educator capacity through networked improvement and sharing promising practices across schools and districts. Continued on schedule o.third, rise invests in more effective and efficient school structures and practices with a central focus on data teams and evidence-based practices that can support students during key transitions to, through, and beyond high school. Through rise's founding and most comprehensive network, rise partners with nine Connecticut high schools across eight districts, serving approximately 13,000 students. These schools simultaneously pursue on-track and postsecondary goals, and have engaged in this work with rise over the past eight years. Core network schools now serve as demonstration sites as rise works to scale its model in new communities, and innovation labs as rise continues to refine its strategies and data tools. In response to demand from the field, rise has also initiated consulting partnerships in 2020 to scale its approach in new partner schools. During the 2024-25 school year, rise partnered 55 total schools, spanning 32 districts and six states, and reaching over 35,000 students.

Financial Efficiency

• Mission deployment rate: 81.3%; rating input score 81
• Program expense ratio: 82.1%; rating input score 82
• Fundraising efficiency: $23.23 raised per $1 spent on fundraising; rating input score 63; 63rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 1.2%; rating input score 38; 38th percentile among comparable filings
• Total-asset coverage ratio: 0.87; rating input score 32; 32nd percentile among comparable filings
• Liabilities to assets ratio: 0.16; rating input score 49; 49th percentile among comparable filings
• Officer compensation ratio: 18.3%; rating input score 14; 14th percentile among comparable filings

Growth

• Program expense growth: 17.5% per year; rating input score 100; 82nd percentile among comparable filings
• Revenue growth: 15.8% per year; rating input score 100; 83rd percentile among comparable filings
• Asset growth: 24% per year; rating input score 100; 89th percentile among comparable filings