Waterford Rise Inc

Nonprofit profile at a glance

EIN
883628260
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Waterford, CT, USA
Phone
8603337084
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Intergroup, Race Relations

Reported finances

Revenue
$2,940
Expenses
$1,805
Assets
$2,373
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • Mary Childs (Chair)
  • Doris Crum (Secretary)
  • Jose B Gonzalez (Treasurer)

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

Public Charity, our organization provides educational events and book clubs to continue community engagement and increase awareness for local and regional systemic issues. Grant of 10,000 secured in 2023 continued to be utilized with expenditures for advertising, presenters fees, and costs for renting space and offering food, beverages, and childcare to attendees.

What it reported doing in 2025

6 community events hosting a total of six presenters, and over 500 total guests. Awareness and information shared regarding regional history, regional Asian culture as well as enslaved people from our region. Additionally, we hosted three local authors who shared of their history and process. Our organization planned, publicized, hosted, entertained, and sent follow up surveys for each of these events.

Operating model

Revenue model
Other-operating. 61% of the money available for current operations came from other operating revenue.
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

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 100
  • Sustainability: 71
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 50.2%; rating input score 50
  • Program expense ratio: 81.8%; rating input score 82

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: 38.6%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 1.31; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -21.1% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -81.8% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -71.5% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 50.2% of revenue deployed · 81.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $1K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 50/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.