EIN 31-1712061

Rise Foundation

IRS 501(c) type
501(c)(3)
Num. employees
15
Year formed
1999
Most recent tax filings
2023-04-01
Description
Rise Memphis empowers people to become self-sufficient by building and sustaining human and financial assets. It operates various programs such as Save Up, Goal Card, and the Greater Memphis Financial Empowerment Center which offer financial education and matched savings for asset development to low to moderate-income working citizens in Shelby.
Also known as...
Rise Memphis
Total revenues
$1,286,459
2023
Total expenses
$1,014,046
2023
Total assets
$1,766,921
2023
Num. employees
15
2023

Program areas at Rise Foundation

The organization operates the following programs - save up, goal card, and the greater memphis financial empowerment center. Save up involves financial education and matched savings for asset development for low to moderate-income working citizens in shelby county. Goal card is Rise's incentive program for 5th to 12th grade students living in zip codes 38126 and 38106. The focus is on financial education, goal setting, mentoring and improvement in conduct, attendance and grades. The greater memphis financial empowerment center, in collaboration with the shelby county trustee's office, focuses on one-on-one personal financial counseling with emphasis on debt reduction, savings and improved credit scores. Common cents is Rise's financial education course provided as fee-for-service program to other organizations as requested. Silver neighbors is Rise's program that empowers older adults to make better choices about their finances and offers peer supported learning opportunities. Silver neighbors also enhances digital literacy skills for older adults.

Who funds Rise Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Women's Foundation for A Greater MemphisVarious$225,824
Community Foundation of Greater MemphisGeneral Operational Support$120,167
American Online Giving FoundationGeneral Support$115,797
...and 10 more grants received

Personnel at Rise Foundation

NameTitleCompensation
Shelia TerrellChief Executive Officer$131,611
Tangela MorganDevelopment Director
Karen Madlock GmfecGmfec Operations Manager
Carmanise LondonSenior Save Up Program Manager
Kimberly Morgan-WestSenior Goal Card Program Manager
...and 14 more key personnel

Financials for Rise Foundation

RevenuesFYE 04/2023
Total grants, contributions, etc.$1,198,968
Program services$0
Investment income and dividends$35,582
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$4,212
Net income from fundraising events$-30,073
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$77,770
Total revenues$1,286,459

Form 990s for Rise Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-042024-05-10990View PDF
2022-042023-03-15990View PDF
2021-042021-08-11990View PDF
2020-042021-04-05990View PDF
2019-042020-02-14990View PDF
...and 9 more Form 990s

Organizations like Rise Foundation

OrganizationLocationRevenue
Ladder UpChicago, IL$2,870,525
Consumer Credit Counseling of the Mid-Ohio ValleyParkersburg, WV$491,847
Wyoming 2-1-1Cheyenne, WY$1,159,357
OnTrack Financial Education & CounselingAsheville, NC$1,322,406
San Diego Financial Literacy CentEscondido, CA$2,888,871
Increasing HopeNorth Charleston, SC$945,750
Prepare and ProsperSaint Paul, MN$2,572,017
New Hope EtcJersey City, NJ$434,523
The Family CenterColumbus, GA$522,789
ArivaBronx, NY$2,039,402
Data update history
August 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 3, 2024
Updated personnel
Identified 1 new personnel
July 15, 2024
Received grants
Identified 3 new grant, including a grant for $225,824 from Women's Foundation for A Greater Memphis
January 31, 2024
Updated personnel
Identified 4 new personnel
January 1, 2024
Received grants
Identified 3 new grant, including a grant for $120,167 from Community Foundation of Greater Memphis
Nonprofit Types
Human service organizationsFamily service centersCharities
Issues
Human services
Characteristics
Fundraising eventsState / local levelReceives government fundingGala fundraisersTax deductible donationsAccepts online donations
General information
Address
1355 Lynnfield St 101
Memphis, TN 38119
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Website URL
risememphis.org/ 
Phone
(901) 507-6644
IRS details
EIN
31-1712061
Fiscal year end
April
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P50: Personal Social Services
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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