Resources Inspiring Success and Empowering

Nonprofit profile at a glance

EIN
473762217
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022, Form 990-N 2019
Location
Fort Worth, TX, USA
Phone
8328453589
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Children's, Youth Services

Reported finances

Revenue
$399,121
Expenses
$201,345
Assets
$275,732
Liabilities
$5,121

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • NATASHA BOSTIC (President)

Highest reported compensation

  • RENIKA ATKINS (Executive Dir.): $12,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To bridge the disparity gap between the transitioning youth and their community through education, mentoring, awareness and advocacy.

What it reported doing in 2024

RISE was founded in April 2015 by our Founder and Director Renika Atkins. RISE has over six years of experience in serving homeless and formerly homeless youth. It has been our experience that the majority of homeless youth or formerly homeless youth have suffered from childhood trauma or involvement from protective services through the state. We have an array of programming that serves foster youth, foster alumni and youth/young adults with developmental disabilities. RISE also provides training and educational services to professionals in the social work, health and educational fields. Currently we have served over 300 youth/young adults through our programming and over 150 professionals.Our current programs and initiatives include: The Professional Leadership Institute is a professional development education that provides trauma informed and culturally competent training to professionals in the lives of youth and young adults who are in transition. Through the Professional Leadership institute we have trained over 100 professionals across the state of Texas. We provide continuing education units to Social Work professionals through online learning, in person education and partnering with nonprofit organizations to host CEU opportunities.

Operating model

Revenue model
Grant-funded. 99% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 60% for direct work, and 40% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 94
  • Accountability: 57
  • Sustainability: 66
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 42.1%; rating input score 42
  • Program expense ratio: 83.4%; rating input score 83
  • Fundraising efficiency: $49.81 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.4%; rating input score 99; 60th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 21st percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 49.6%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 1.37; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 41; 41st percentile among comparable filings
  • Officer compensation ratio: 6%; rating input score 32; 32nd percentile among comparable filings

Growth

  • Program expense growth: -53.9% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: 56.2% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 93% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 42.1% of revenue deployed · 83.4% of spending went to programs
  • Governance: 4 of 5 board members independent · 2 of 8 filing controls reported
  • Programs: 5 filed program accomplishments · $168K in reported program spending
  • Leadership: top reported pay $12K · 5 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • Moderate — Sustainability: Officer compensation ratio scored 32/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 41/100.