2024-04-24T11:39:35-05:00 2023-06-30 946214841 ARMANINO LLP 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2022-07-01 810615887 FOUNDATION FOR STUDENTS RISING ABOVE FOUN 4153334222 PO BOX 192492 SAN FRANCISCO CA 94119 ELIZABETH JORDAN DEVANEY CHIEF EXECUTIVE OFFICER 4153334222 2024-04-17 1 ELIZABETH JORDAN DEVANEY XXX-XX-XXXX 1 KATY BROWN P00650274 9257902600 2024-04-17 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STUDENTS RISING ABOVE ELIZABETH JORDAN DEVANEY PO BOX 192492 SAN FRANCISCO CA 94119 7076543 0 X WWW.STUDENTSRISINGABOVE.ORG X 2003 CA SRA EMPOWERS STUDENTS FACING SYSTEMIC BARRIERS TO DEFINE AND FIND SUCCESS THROUGH EDUCATION, CAREER, AND IN LIFE, WITH COLLEGE COMPLETION AND WORKFORCE DEVELOPMENT PROGRAMMING THAT SUPPORTS THEM THROUGH THEIR SENIOR YEAR OF HIGH SCHOOL, COLLEGE, AND INTO THE WORKFORCE. 18 18 72 189 0 0 4432039 4035870 111446 136415 561444 148325 -54739 -140869 5050190 4179741 887966 1086646 0 0 2949975 3576740 0 6997 596396 562282 771037 4400223 5441420 649967 -1261679 10003062 9047610 126836 85461 9876226 8962149 X SRA EMPOWERS STUDENTS FACING SYSTEMIC BARRIERS TO DEFINE AND FIND SUCCESS THROUGH THEIR EDUCATION, CAREER, AND IN LIFE. WE ENVISION A WORLD IN WHICH EVERY PERSON CAN ACHIEVE ECONOMIC AND SOCIAL EQUITY. OUR COLLEGE COMPLETION AND WORKFORCE (CONTINUED ON SCHEDULE O) DEVELOPMENT PROGRAMMING HELPS STUDENTS REALIZE THEIR POTENTIAL BY GUIDING AND SUPPORTING THEM THROUGH THEIR SENIOR YEAR OF HIGH SCHOOL, COLLEGE, AND INTO THE WORKFORCE. THIS PROGRAMMING CONSISTS OF THREE PILLARS: A ONE-ON-ONE ADVISING PROGRAM, A TECHNOLOGY-BASED SOCIAL ENTERPRISE TOOL THAT PROVIDES AN ONLINE RESOURCE FOR STUDENTS AND PARTNERS NATIONWIDE, AND A VIRTUAL ADVISING PROGRAM. 0 0 4122574 1086646 136415 SRA'S COLLEGE COMPLETION AND WORKFORCE DEVELOPMENT PROGRAMMING CONSISTS OF THREE PILLARS: A ONE-ON-ONE ADVISING PROGRAM, A TECHNOLOGY-BASED SOCIAL ENTERPRISE TOOL THAT PROVIDES AN ONLINE RESOURCE FOR STUDENTS AND PARTNERS NATIONWIDE, AND A VIRTUAL ADVISING PROGRAM. SRA'S RISING STARS PROGRAM PROVIDES COMPREHENSIVE ONE-ON-ONE ADVISING AND MENTORING, FINANCIAL ASSISTANCE, MENTAL HEALTH SUPPORT, AND CAREER DEVELOPMENT GUIDANCE TO SUPPORT STUDENTS IN COLLEGE ACCESS, COMPLETION AND WORKPLACE DEVELOPMENT. EXPERIENCED COLLEGE AND CAREER ADVISORS COLLABORATE WITH STUDENTS FROM THEIR FINAL YEAR OF HIGH SCHOOL THROUGH COLLEGE GRADUATION. (CONTINUED ON SCHEDULE O)THE SRA HUB IS A SOCIAL ENTERPRISE TOOL DESIGNED TO LEVERAGE TECHNOLOGY TO REACH SECONDARY AND POST-SECONDARY STUDENTS NATIONWIDE, CREATING TRANSFORMATIVE CHANGE FOR LOW-INCOME, FIRST-GENERATION COLLEGE STUDENTS THROUGH FACILITATING A SENSE OF AGENCY AND SELF-ADVOCACY VITAL TO AN INDIVIDUAL'S SOCIAL AND ECONOMIC CAPITAL. THE SRA HUB PROVIDES PROGRAMS, SERVICES, AND TOOLS TO ENRICH STUDENTS' SKILLS AND CAPACITIES FOR POST-SECONDARY READINESS, COLLEGE COMMITMENT, AND CAREER EXPLORATION. IT ALSO OFFERS AN ALWAYS-AVAILABLE SUPPORTIVE COMMUNITY FOR POST-SECONDARY COACHING AND CAREER DEVELOPMENT THROUGH SELF-GUIDED LEARNING, LIVE WEBINARS, A COMPREHENSIVE LIBRARY OF ARTICLES AND INTERACTIVE TOOLS, AND RESPONSES TO STUDENT QUESTIONS FROM TRAINED COLLEGE AND CAREER ADVISORS.STUDENTS ONLINE ACHIEVING RESULTS ("SOAR") IS SRA'S VIRTUAL ADVISING PROGRAM. SOAR COMBINES THE SCALABILITY OF THE SRA HUB WITH PERSONALIZED GUIDANCE FROM ASSIGNED COLLEGE AND CAREER ADVISORS THROUGH VIRTUAL STUDENT COHORTS AND COORDINATED LESSON PLANS. STUDENTS GAIN PEER SUPPORT AND SKILL DEVELOPMENT THROUGH ENGAGING IN COHORT ACTIVITIES, ADVANCING THEIR KNOWLEDGE BASE AND ENHANCING COLLEGE AND CAREER READINESS WHILE ON THE PATH TOWARDS POST-SECONDARY DEGREES AND CAREER-LADDER JOBS. SOAR PROGRAMMING IS OFFERED TO STUDENTS USING THE TOOLS AND RESOURCES OF THE SRA HUB, BOTH THROUGH COLLABORATIVE PARTNERSHIP AGREEMENTS AND INDEPENDENTLY THROUGH SRA-LED COHORTS. 4122574 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 31 0 1 72 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X LAURA CASHION DIRECTOR OF FINANCE 4153334222 PO BOX 192492 SAN FRANCISCO CA 94119 JULIUS ROBINSON BOARD CHAIR 3.00 X X 0 0 0 CAROLYN REISER VICE CHAIR 3.00 X X 0 0 0 MATTHEW HOUSTON SECRETARY 3.00 X X 0 0 0 ROBERT WEIS TREASURER 3.00 X X 0 0 0 MAURICE BREWSTER DIRECTOR 1.00 X 0 0 0 DIANA CAMPOAMOR DIRECTOR 1.00 X 0 0 0 CARLYN CLAUSE DIRECTOR 1.00 X 0 0 0 JOHN DISERENS DIRECTOR 1.00 X 0 0 0 PHOENICIA FITTS DIRECTOR 1.00 X 0 0 0 SUSAN KAY DIRECTOR 2.00 X 0 0 0 KIM LAUGHTON DIRECTOR (THRU 01/23) 3.00 X 0 0 0 TIM MCCARTHY DIRECTOR 1.00 X 0 0 0 ANASTASIA NOVOZHILOVA DIRECTOR 1.00 X 0 0 0 STEPHEN PARLETT DIRECTOR 1.00 X 0 0 0 NATHAN PORRAS DIRECTOR 1.00 X 0 0 0 DIPTI SIRISINAHAL DIRECTOR 1.00 X 0 0 0 WALTER STEWART DIRECTOR 1.00 X 0 0 0 JOHN STOCK DIRECTOR (THRU 07/22) 1.00 X 0 0 0 VERONICA TOSCANO DIRECTOR 1.00 X 0 0 0 FRANK TROUTMAN DIRECTOR 1.00 X 0 0 0 ELIZABETH JORDAN DEVANEY CHIEF EXECUTIVE OFFICER 50.00 X 237000 0 0 ANGELA BUYAYONG SR. DIRECTOR OF PROGRAM STRATEGY 50.00 X 159807 0 0 LEONARD MEDLOCK DIRECTOR OF PRODUCT INNOVATION 50.00 X 151903 0 0 LAURA CASHION DIRECTOR OF FINANCE 50.00 X 130483 0 0 WILLIAM MOCK DIRECTOR OF PARTNERSHIPS & SOCIAL ENTERPRISE 50.00 X 119280 0 0 ALIZA HESLOP DIRECTOR OF PEOPLE 50.00 X 106432 0 0 904905 0 0 6 0 1 0 0 456370 23886 3555614 174438 4035870 HUB AND SOAR INCOME 624100 136415 136415 136415 232625 232625 2551726 782 2636808 0 -85082 782 -84300 -84300 118125 456370 259994 -141869 -141869 OTHER REVENUE 900099 1000 1000 1000 4179741 136415 0 7456 1086646 1086646 237000 82950 35550 118500 3002573 2282657 388922 330994 88186 67043 10231 10912 248981 184905 31879 32197 44286 44286 6997 6997 28154 28154 124472 70575 48572 5325 20240 3299 2838 14103 111703 81048 21195 9460 219758 142934 37848 38976 20704 17286 1769 1649 16448 14313 1044 1091 28962 18099 7426 3437 OTHER OPERATING EXPENSE 60466 830 59343 293 STUDENT PROGRAM EXPENSE 59820 59820 CULTIVATION EVENT 22142 22142 PROFESSIONAL DEVELOPMEN 13882 10169 3393 320 5441420 4122574 722450 596396 1659012 2268686 613858 296929 101184 29083 247944 114292 39900 39900 0 0 7147689 6081359 233375 257261 10003062 9047610 113903 54018 12933 31443 126836 85461 X 8471276 8235805 1404950 726344 9876226 8962149 10003062 9047610 -1261679 347602 0 X 0 1 X 1 0 X 3557126 10858546 6200767 4432039 4035870 29084348 3557126 10858546 6200767 4432039 4035870 29084348 9953419 19130929 126910 156858 195003 262493 232625 973889 13725 13725 1000 1000 30072962 500322 0.63620 0.60320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39900 39900 0 0 X 4712047 347602 53184 400786 4311261 28154 -159674 -131520 4179741 5626124 53184 159674 212858 5413266 28154 28154 5441420 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM PAYING FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND BY THE CALIFORNIA REVENUE AND TAXATION CODE UNDER SECTION 23701(D). ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR SUCH TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. EACH YEAR, MANAGEMENT CONSIDERS WHETHER ANY MATERIAL TAX POSITION THE ORGANIZATION HAS TAKEN IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. MANAGEMENT BELIEVES THAT ANY POSITION THE ORGANIZATION HAS TAKEN IS SUPPORTED BY SUBSTANTIAL AUTHORITY AND HENCE DOES NOT NEED TO BE MEASURED OR DISCLOSED IN THESE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES -159,674. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 159,674. SRA'S 25TH ANNIVERSARY 503119 394399 108720 122957 124515 JK FAREWELL 71376 61971 9405 9405 3117 574495 456370 118125 132362 127632 259994 -141869 1 DIRECT SCHOOL EXPENSES REIMBURSED TO OR PAID ON BEHALF OF PROGRAM PARTICIPANTS FOR TUITION, ROOM & BOARD, LIVING EXPENSES, TECHNOLOGY, TRAVEL & TRANSPORTATION, BOOKS, MEDICAL/DENTAL, OTHER STUDENT EXPENSES 356 924222 DIRECT PROGRAM EXPENSES PAID TO PROGRAM PARTICIPANTS FOR STUDENT INCENTIVES & INTERNSHIP SUPPORT 278 162424 PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS AS DESCRIBED BELOW: (1) DIRECT SCHOOL EXPENSES FOR TUITION, ROOM & BOARD, ETC.: STUDENTS MAKE REQUESTS FOR PAYMENTS OR REIMBURSEMENTS THROUGH THEIR RESPECTIVE ADVISORS THROUGHOUT THE YEAR. ADVISORS ARE EXPECTED TO USE GOOD JUDGMENT IN ALLOWING SUCH EXPENSE REQUESTS. REIMBURSEMENT REQUESTS ARE REVIEWED BY MEMBERS OF THE COLLEGE SUCCESS PROGRAM MANAGEMENT TEAM, WHO CONFER WITH ADVISORS AS APPROPRIATE, PRIOR TO APPROVAL. DISBURSEMENTS ARE REVIEWED AND APPROVED BY THE DIRECTOR OF FINANCE. EXPENSES PAID ON BEHALF OF STUDENTS ARE TYPICALLY MADE BY CREDIT CARD PAYMENT BY ADVISOR. ALL SUCH CREDIT CARD PAYMENTS ARE REVIEWED BY MEMBERS OF THE COLLEGE SUCCESS PROGRAM MANAGEMENT TEAM AND DIRECTOR OF FINANCE FOR APPROPRIATE SUPPORT. (2) DIRECT SCHOOL EXPENSES FOR PROGRAM INCENTIVES & INTERNSHIP SUPPORT: PAYMENTS ARE MADE TO STUDENTS FOR PROGRAM INCENTIVES & INTERNSHIP SUPPORT UNDER STRUCTURED PROGRAMMING FOLLOWING COMPLETION OF ESTABLISHED MILESTONES. THE TEAM MEMBER OR MANAGER IMPLEMENTING THE PARTICULAR PROGRAM PREPARES AND REVIEWS THE PAYMENT REQUESTS, WHICH ARE REVIEWED AND APPROVED BY THE APPROPRIATE MANAGER OF THE PROGRAM MANAGEMENT TEAM OR SR. DIRECTOR OF PROGRAM STRATEGY. DISBURSEMENTS ARE REVIEWED AND APPROVED BY THE DIRECTOR OF FINANCE. X X X 0 0 0 0 0 0 0 0 0 ELIZABETH JORDAN DEVANEY CHIEF EXECUTIVE OFFICER 237000 0 0 0 0 0 0 0 0 0 237000 0 0 0 ANGELA BUYAYONG SR. DIRECTOR OF PROGRAM STRATEGY 159807 0 0 0 0 0 0 0 0 0 159807 0 0 0 LEONARD MEDLOCK DIRECTOR OF PRODUCT INNOVATION 151903 0 0 0 0 0 0 0 0 0 151903 0 0 0 X 8 173213 FMV X EVENT TICKETS 1 1225 FMV 0 0 1 0 PART I, COLUMN (B): THIS NUMBER REFLECTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER, THE DIRECTOR OF FINANCE, THE BOARD TREASURER, AND THE AUDIT COMMITTEE CHAIR. A COPY IS SENT TO ALL MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO REVIEW AND SIGN A DETAILED "STATEMENT OF INTERESTED TRANSACTIONS AND RELATIONSHIPS AND DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST AS DEFINED IN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. THESE STATEMENTS ARE REVIEWED BY BOARD LEADERSHIP AND SENIOR MANAGEMENT FOR ACCURACY AND ANY POTENTIAL INTERESTED TRANSACTIONS. IF A TRANSACTION POSES A POTENTIAL "CONFLICT OF INTEREST" UNDER SRA BOARD POLICIES, THE EXECUTIVE COMMITTEE SHALL REVIEW THE TRANSACTION AND APPROVE OR DISAPPROVE ITS CONSUMMATION AS PROVIDED BY THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS AND APPROVES THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER. COMPARABLE SURVEY DATA PROVIDED FROM AN INDEPENDENT THIRD-PARTY RESEARCH FIRM IS USED TO REVIEW THE COMPENSATION LEVELS OF SIMILARLY QUALIFIED INDIVIDUALS FROM COMPARABLE ORGANIZATIONS. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION AGREEMENT IS MAINTAINED. IF OTHER OFFICERS AND KEY EMPLOYEES ARE EMPLOYED AND COMPENSATION DECISIONS ARE REQUIRED, THE EXECUTIVE COMMITTEE ALSO APPROVES THE RECOMMENDATION FROM THE CHIEF EXECUTIVE OFFICER REGARDING THE COMPENSATION OF SUCH INDIVIDUALS. DATA FROM AN INDEPENDENT RESEARCH FIRM IS USED TO GUIDE THE COMPENSATION DETERMINATION FOR SUCH OTHER OFFICERS AND KEY EMPLOYEES. THERE WERE NO SUCH INDIVIDUALS EMPLOYED BY THE ORGANIZATION DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC. REQUESTS FOR SUCH INFORMATION CAN BE MADE ONLINE THROUGH THE ORGANIZATION'S WEBSITE OR BY MAIL.