Rise Incorporated

What it reported doing in 2024

In 2024, rise served 2,541 people across all programs. We supported 1,784 individuals with employment services (70%), 731 with life enrichment and day supports (29%), and 250 with housing and other independent living supports (10%). About 10% of the people we support participate in programming across multiple service domains.rise supports people with disabilities, broadly defined. Approximately 70% of those we serve have an intellectual or developmental disability or a brain injury as their primary disability. Twenty-five percent have a psychiatric disability, and 5% are deaf, deafblind, or hard-of-hearing. Rise also supports disabled populations facing complex barriers to stability, including individuals re-entering the community after incarceration or institutionalization, those with co-occurring substance use challenges, and people with criminal justice histories.employment services: in 2024, more than 1,400 people participated in employment services across eight different programs. About 45% of participants came to rise through a medicaid waiver, while 55% were referred through other funding mechanisms. Of these 1,400 individuals, 40% were employed in a competitive, integrated job during the year. Sixteen percent started a new job (n=217), and 18% reached the 90-day retention milestone (n=258). The average hourly wage for those employed was $16.83, with an average of 23.8 hours worked per week. Additionally, 28% of participants worked on supported employment teams (set), earning an average hourly wage of $10.99 (100% at or above minimum wage) and averaging 28 hours per week.life enrichment: in 2024, 731 individuals participated in life enrichment activities at a rise program, with 18% engaging in remote services.housing and independent living supports: rise supported 150 people experiencing homelessness or at imminent risk of homelessness in securing permanent housing of their choice in central Minnesota. Another 100 individuals received mental health support through adult rehabilitative mental health services (armhs) in central Minnesota and anoka county.service area: rise's service area includes the entire state of Minnesota and select counties in western Wisconsin. Services are concentrated in the twin cities metro (73% of persons served) and central Minnesota (18%), with the remainder spread across other Minnesota counties and areas surrounding new richmond, Wisconsin. Within the twin cities metro, services are primarily located in the northern and eastern quadrants, with 26% of persons served residing in hennepin county, 25% in anoka county, 13% in Washington county, and 9% in ramsey county.demographics: rise's participants reflect the diversity of the communities they live in. Twenty-five percent are under 30 years old, while 31% are over 50, considered older adults within this population. Seventy-four percent of those served are white, and 36% are people of color. The largest nonwhite group is black or african american, comprising 13% of all persons served.organizational changes in 2024:2024 brought several significant and anticipated changes to rise. After a multiyear process, rise ended its special minimum wage program early in the year. As part of this transition, rise listed for sale its original building in spring lake park and relocated its administrative staff to a new office suite in nearby fridley. The fridley office wasn't the only new locationrise also expanded its award-winning community-integrated day program by opening a new site at the lenox community center in st. Louis park.rise's longtime ceo, lynn noren, retired after more than 10 years in the role and over 45 years with the organization. Following a national search, the board appointed former chief program officer tim dickie as rise's new ceo. Dickie restructured his previous role into two positions, promoting jodi blume to vice president of life enrichment and hiring kassia janezich as vice president of vocational and housing services.innovation

Financial Efficiency

• Mission deployment rate: 84.5%; rating input score 85
• Program expense ratio: 83.9%; rating input score 84
• Fundraising efficiency: $22.5 raised per $1 spent on fundraising; rating input score 60; 60th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.1%; rating input score 94; 20th percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th 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: 1.7%; rating input score 41; 41st percentile among comparable filings
• Total-asset coverage ratio: 0.98; rating input score 35; 35th percentile among comparable filings
• Liabilities to assets ratio: 0.13; rating input score 69; 69th percentile among comparable filings
• Officer compensation ratio: 6%; rating input score 43; 43rd percentile among comparable filings

Growth

• Program expense growth: 4.6% per year; rating input score 100; 39th percentile among comparable filings
• Revenue growth: 9.2% per year; rating input score 100; 71st percentile among comparable filings
• Asset growth: 8.3% per year; rating input score 100; 56th percentile among comparable filings