Rise Southeast Raleigh Charter School Inc
Nonprofit profile at a glance
- EIN
- 464215646
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-N 2013
- Location
- Raleigh, NC, USA
- Phone
- 9194464777
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Primary, Elementary Schools
Reported finances
- Revenue
- $6,716,169
- Expenses
- $6,765,074
- Assets
- $1,146,370
- Liabilities
- $653,780
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- DAWN ARTHUR (EXECUTIVE DIRECTOR)
Highest reported compensation
- JASON JOWERS (PRINCIPAL): $122,794 total reported compensation
- DAWN ARTHUR (EXECUTIVE DIRECTOR): $120,102 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 prepare kindergarten through eighth-grade students to thrive in competitive high schools and four-year colleges. The school provides students with a rigorous academic program and a values-based community grounded in its core principles.
What it reported doing in 2024
A public charter school in North Carolina that provided tuition-free education to approximately 482 students in southeast raleigh, North Carolina, during the fiscal year ended june 30, 2025.
Operating model
- Revenue model
- Grant-funded. 94% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 25
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.7%; rating input score 78
- Program expense ratio: 77.1%; rating input score 77
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- 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: 8 of 8 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: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.7%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.17; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 0.57; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 3.6%; rating input score 64; 64th percentile among comparable filings
Growth
- Program expense growth: 11.1% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 11% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: -11.7% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 77.7% of revenue deployed · 77.1% of spending went to programs
- Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $5.2M in reported program spending
- Leadership: top reported pay $123K · 13 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.