2025-04-02T11:15:05-05:00 2024-06-30 946214841 ARMANINO ADVISORY LLC 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2023-07-01 810615887 FOUNDATION FOR STUDENTS RISING ABOVE FOUN 4153334222 PO BOX 192492 SAN FRANCISCO CA 94119 ANGELA BUGAYONG CHIEF OPERATING OFFICER 4153334222 2025-03-25 1 1 KATY BROWN P00650274 9257902600 2025-03-24 2023 2025-03-06 01:10:19Z STUDENTS RISING ABOVE ANGELA BUGAYONG PO BOX 192492 SAN FRANCISCO CA 94119 8296427 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. 14 14 64 175 0 0 4035870 4153042 136415 170643 148325 638362 -140869 0 4179741 4962047 1086646 1014167 0 0 3576740 3851117 6997 0 779843 771037 786515 5441420 5651799 -1261679 -689752 9047610 8459753 85461 151971 8962149 8307782 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 4004071 1014167 170643 SRA'S COLLEGE COMPLETION AND WORKFORCE DEVELOPMENT PROGRAMMING HAS THREE ENTRY POINTS: RISING STARS, WHICH PROVIDES A ONE-ON-ONE ADVISING PROGRAM; STUDENTS ONLINE ACHIEVING RESULTS ("SOAR"), A VIRTUAL ADVISING PROGRAM; AND, THE SRA HUB, A TECHNOLOGY-BASED SOCIAL ENTERPRISE TOOL THAT PROVIDES AN ONLINE RESOURCE FOR STUDENTS AND PARTNERS NATIONWIDE. 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)SOAR IS SRA'S VIRTUAL, COHORT-BASED ADVISING PROGRAM DESIGNED TO INCREASE COLLEGE PERSISTANCE AND GRADUATION RATES, ALONG WITH SUPPORT TOWARDS THE PATH TO CAREER-LADDER JOBS. EACH SOAR COHORT IS MATCHED WITH A COLLEGE AND CAREER ADVISOR WHO FACILITATES THE COHORT'S MONTHLY, CURRICULUM-BASED HANGOUTS. COHORTS ARE ARRANGED BY SCHOOLE YEAR, SUPPORTING HIGH SCHOOL STUDENTS TRANSITIONING TO COLLEGE THROUGH FOUR YEARS OF COLLEGE TO GRADUATION. THE CURRICULUM FOSTERS PERSONAL AND PROFESSIONAL GROWTH THROUGH COLLABORATIVE, DISCUSSION-BASED, AND STUDENT-CENTRIC APPROACHES. SOAR PROGRAMMING IS OFFERED TO STUDENTS BOTH THROUGH COLLABORATIVE PARTNERSHIP AGREEMENTS AND ORGANIZATION-LED OUTREACH. THE SRA HUB IS A SOCIAL ENTERPRISE TOOL DESIGNED TO WIDELY SHARE SRA'S EXPERIENCE AND EXPERTISE FROM MANY YEARS OF DELIVERY OF DIRECT SERVICE PROGRAMMING IN THE LOCAL COMMUNITY. IT IS AN ONLINE PLATFORM LEVERAGING 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 RESOURCES OF THE SRA HUB ARE UTILIZED BY SRA'S RISING STARS AND SOAR ADVISING PROGRAMS AS WELL AS INDIVIDUAL STUDENTS AND OTHER EDUCATORS. 4004071 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 32 0 1 64 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 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 FRANK TROUTMAN 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 QUEEN DENCHUKWU DIRECTOR (START 12/23) 1.00 X 0 0 0 JOHN DISERENS DIRECTOR (THRU 12/23) 1.00 X 0 0 0 PHOENICIA FITTS DIRECTOR 1.00 X 0 0 0 SUSAN KAY DIRECTOR (THRU 12/23) 2.00 X 0 0 0 TIM MCCARTHY DIRECTOR (THRU 9/23) 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 VERONICA TOSCANO DIRECTOR 1.00 X 0 0 0 ELIZABETH JORDAN DEVANEY CHIEF EXECUTIVE OFFICER (THRU 05/24) 50.00 X 237600 0 0 ANGELA BUGAYONG CPO (THRU 03/24) INTERIM CEO (START 04/24) 50.00 X 166431 0 5000 LEONARD MEDLOCK DIRECTOR OF PRODUCT INNOVATION 50.00 X 120229 0 0 LAURA CASHION DIRECTOR OF FINANCE 50.00 X 136283 0 0 WILLIAM MOCK DIR. OF SOCIAL ENTERPRISE & PARTNERSHIPS & 50.00 X 124633 0 6932 ALIZA HESLOP DIRECTOR OF PEOPLE 50.00 X 118151 0 6753 903327 0 18685 6 0 1 0 0 4153042 278586 4153042 HUB AND SOAR INCOME 624100 170643 170643 170643 285266 285266 3687476 3334380 353096 353096 353096 4962047 170643 0 638362 1014167 1014167 401323 184181 47108 170034 3073916 2140077 564674 369165 110037 81824 15310 12903 265841 181225 46369 38247 45186 45186 27018 27018 128411 67537 25998 34876 48037 11580 6031 30426 70934 43340 20055 7539 271333 171670 46762 52901 26077 19873 1692 4512 19770 12811 2102 4857 30329 17805 8428 4096 STUDENT PROGRAM EXPENSE 53413 53413 CULTIVATION EVENT 39007 39007 OTHER OPERATING EXPENSE 21097 296 10240 10561 PROFESSIONAL DEVELOPMEN 5903 4272 912 719 5651799 4004071 867885 779843 2268686 1669523 296929 304017 29083 8 114292 117025 39900 39900 0 0 6081359 6369180 257261 9047610 8459753 54018 151971 31443 0 85461 151971 X 8235805 7434794 726344 872988 8962149 8307782 9047610 8459753 -689752 35385 0 X 0 1 X 1 0 X 10858546 6200767 4432039 4035870 4153042 29680264 10858546 6200767 4432039 4035870 4153042 29680264 10428247 19252017 156858 195003 262493 232625 285266 1132245 13725 13725 1000 1000 30827234 578179 0.62450 0.63620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39900 39900 0 0 X 5008103 35385 37689 73074 4935029 27018 27018 4962047 5662470 37689 37689 5624781 27018 27018 5651799 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. 1 0 0 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 340 833175 4800 FAIR MARKET VALUE LAPTOPS AND OTHER COMPUTERS DIRECT PROGRAM EXPENSES PAID TO PROGRAM PARTICIPANTS FOR STUDENT INCENTIVES & INTERNSHIP SUPPORT 305 176192 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. 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 (THRU 05/24) 237600 0 0 0 0 0 0 0 0 0 237600 0 0 0 ANGELA BUGAYONG CPO (THRU 03/24) INTERIM CEO (START 166431 0 0 0 0 0 0 0 5000 0 171431 0 0 0 X 7 273786 PUBLICLY TRADED EXCHANGE X LAPTOP 1 4800 FAIR MARKET VALUE 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 OF A COMPLETED DOCUMENT 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.