2024-05-10T11:01:27-05:00 2023-04-30 621804252 WATKINS UIBERALL PLLC 1661 AARON BRENNER DR STE 300 MEMPHIS TN 38120 990 2022-05-01 311712061 RISE FOUNDATION INC RISE 9015076644 1355 LYNNFIELD STREET 101 MEMPHIS TN 38119 SHELIA TERRELL CEO 9015076644 2024-05-10 1 SHELIA TERRELL XXX-XX-XXXX 0 BRYAN D GRISSOM JR P01750233 9017612720 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SHELIA Y TERRELL 1355 LYNNFIELD STREET 101 MEMPHIS TN 38119 1329625 0 X WWW.RISEMEMPHIS.ORG X 1999 TN THE ORGANIZATION'S MISSION IS TO EMPOWER PEOPLE TO BECOME SELF SUFFICIENT BY BUILDING AND SUSTAINING HUMAN AND FINANCIAL ASSETS. 24 24 15 25 0 0 768735 1198968 0 0 68892 39794 -7530 47697 830097 1286459 0 0 0 0 644677 660755 0 0 232641 312465 353291 957142 1014046 -127045 272413 1702696 1766921 430668 252200 1272028 1514721 X RISE FOUNDATION, INC. EMPOWERS PEOPLE TO BECOME SELF SUFFICIENT BY BUILDING AND SUSTAINING HUMAN AND FINANCIAL ASSETS. 0 0 641669 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. 641669 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 TN X SHELIA Y TERRELL 9015076637 1355 LYNNFIELD STREET SUITE 101 MEMPHIS TN 38119 RANDY WILLIAMS CHAIR 1.00 X X 0 0 0 DARLENE DONOVAN VICE CHAIR 1.00 X X 0 0 0 MARSH CAMPBELL SECRETARY 1.00 X X 0 0 0 JIM REBER FINANCE CHAIR 1.00 X X 0 0 0 WILLIAM CAPOOTH FUND DEVELOPMENT CHAIR 1.00 X X 0 0 0 DR CHRISTOPHER DAVIS PRG CHAIR 1.00 X X 0 0 0 DANA L POINTER BOARD DEVELOPMENT CHAIR 1.00 X X 0 0 0 CHERYL BLAIR-HURST BOARD MEMBER 1.00 X 0 0 0 JOY RICHMOND BOWEN BOARD MEMBER 1.00 X 0 0 0 TERRI BROWNE-SILENT BOARD MEMBER 1.00 X 0 0 0 KEITH L COLLINS BOARD MEMBER 1.00 X 0 0 0 STEPHANY GOODNIGHT BOARD MEMBER 1.00 X 0 0 0 MARKITA C JACK BOARD MEMBER 1.00 X 0 0 0 ROBERT LIPSCOMB BOARD MEMBER 1.00 X 0 0 0 KRISTIN LOCKHART BOARD MEMBER 1.00 X 0 0 0 MARCEZ MITCHELL BOARD MEMBER 1.00 X 0 0 0 TERESA T MORRIS BOARD MEMBER 1.00 X 0 0 0 CRYSTAL R OLIVER BOARD MEMBER 1.00 X 0 0 0 STEPHANIE SCURLOCK BOARD MEMBER 1.00 X 0 0 0 MELISSA THOMPSON BOARD MEMBER 1.00 X 0 0 0 JONAS CROFT BOARD MEMBER 1.00 X 0 0 0 SHEENA HARPER-NELSON BOARD MEMBER 1.00 X 0 0 0 KENYON LEE BOARD MEMBER 1.00 X 0 0 0 DAVID C LENOIR BOARD MEMBER 1.00 X 0 0 0 SHELIA TERRELL PRESIDENT/CEO 50.00 X 131611 0 9569 131611 0 9569 1 0 0 0 0 19317 287597 892054 1198968 35582 35582 4212 0 4212 4212 4212 13093 19317 43166 -30073 -30073 PROGRAM FEES 900099 73951 73951 MISCELLANEOUS REVENUE 900099 3819 3819 77770 1286459 77770 0 9721 141180 28236 49413 63531 433383 336111 4794 92478 42761 31655 1361 9745 43431 27860 3909 11662 42170 42170 6774 6774 26869 5400 459 21010 57834 44240 4487 9107 14641 8232 2409 4000 40311 23448 5715 11148 PRINTING AND PROGRAM IN 45435 40614 1964 2857 IDA MATCH AND EXPENSES 35279 35279 CONTRACT SERVICES 22836 11653 11183 EQUIPMENT AND MAINTENAN 21440 17846 1193 2401 39702 31095 3905 4702 1014046 641669 139736 232641 556062 488233 92097 245104 21306 15161 70887 70887 0 0 1033231 951364 0 67059 1702696 1766921 110804 89779 319864 162421 430668 252200 X 1256882 1248190 15146 266531 1272028 1514721 1702696 1766921 272413 -29720 0 X X 1 X 1 X 1 0 X 1019351 885906 1383723 768735 1198968 5256683 1019351 885906 1383723 768735 1198968 5256683 736401 4520282 44239 35461 31606 34167 35582 181055 5437738 86920 0.83130 0.81460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2202 2202 0 60130 60130 0 8555 8555 0 0 IDA MATCH PAYABLE 34422 FUNDS HELD FOR OTHERS 69716 LEASE LIABILITIES 58283 162421 1280038 -29720 30073 353 1279685 6774 6774 1286459 1037345 30073 30073 1007272 6774 6774 1014046 PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NOT NETTED AGAINST F/S INCOME 30,073. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE INCLUDED IN F/S EXPENSES 30,073. GALA 32410 19317 13093 43166 32410 19317 13093 43166 43166 -30073 FORM 990, PART VI, SECTION B, LINE 11B THE AUDITING FIRM DISTRIBUTES FORM 990 TO MANAGEMENT FOR REVIEW. THE CEO PRESENTS THE 990 TO THE FINANCE COMMITTEE FOR REVIEW, DISCUSSION AND PRE-APPROVAL FOR SUBMISSION TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE REVIEWS THE AND SUBMITS THE 990 TO THE ENTIRE BOARD OF DIRECTORS FOR APPROVAL. THE 990 IS SIGNED BY THE APPROPRIATE PARTIES AND FILED WITH THE IRS. A COPY IS KEPT ON FILE AT THE RISE FOUNDATION ADMINISTRATIVE OFFICE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEWS ITS CONFLICT OF INTEREST POLICY ANNUALLY. MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS (I.E., AFFILIATION WITH STAFF, OFFICERS, OR DIRECTORS) BEFORE ENTERING INTO CONTRACTUAL AGREEMENTS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE PRESIDENT/CEO IS DETERMINED BY A SALARY COMPARABILITY STUDY AND AN ANNUAL PERFORMANCE APPRAISAL REVIEW BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. COMPENSATION FOR THE COO IS DETERMINED BY SALARY COMPARABILITY AND AN ANNUAL APPRAISAL BY THE PRESIDENT/CEO. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990, TAX EXEMPTION LETTER AND CONFLICT OF INTEREST POLICY ARE MAINTAINED IN THE ADMINISTRATIVE OFFICE OF THE RISE FOUNDATION, INC. THE DOCUMENTS ARE AVAILABLE FOR REVIEW TO THE PUBLIC UPON WRITTEN REQUEST TO THE PRESIDENT AND CEO. PART VII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.