Nest and Rise Inc
Nonprofit profile at a glance
- EIN
- 933743249
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Baltimore, MD, USA
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Low-Income & Subsidized Rental Housing
Reported finances
- Revenue
- $72,314
- Expenses
- $71,982
- Assets
- $332
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Olufolajimi Ige (Board Chair Executive Director)
People named in this filing
- Jireh Kore (Treasurer)
- Olufolajimi Ige (Board Chair Executive Director)
- Uchenna Emeche (Vice Chair)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
During 2025 Nest and Rise Inc. advanced its mission to expand affordable and supportive housing opportunities for individuals and families experiencing homelessness or at risk of homelessness through strategic grant-supported activities carried out in partnership with Rising LLC. The organization administered and coordinated funding associated with the rehabilitation acquisition and predevelopment of scattered-site residential properties intended to create and preserve affordable housing units for households earning at or below 30% of Area Median Income AMI. Grant-supported activities included project management compliance oversight rehabilitation planning housing stabilization coordination and implementation of a trauma-informed housing framework designed to support long-term residential stability. The initiative prioritized Housing First principles and sought to expand the supply of safe quality housing for highly vulnerable Baltimore residents including individuals and
What it reported doing in 2025
During the year the organization successfully fulfilled key programmatic and compliance requirements under affordable housing grant agreements with the Maryland Affordable Housing Trust and the Department of Housing and Community Development.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 100
- Sustainability: 30
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.3%; rating input score 93
- Program expense ratio: 93.8%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 0.5%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 93.3% of revenue deployed · 93.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $68K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Moderate — Sustainability: Operating margin scored 45/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.