Nonprofit · EIN 47-3433542
RISE PREPARATORY CHARTER SCHOOL INC
Tax-exempt · ATLANTA, GA 30344
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,714,848 | $7,174,859 | $539,989 | $16,960,454 | $24,902,493 | -$7,942,039 |
| June 30, 2024 | 990 | $7,206,847 | $11,328,372 | -$4,121,525 | $18,273,956 | $26,755,984 | -$8,482,028 |
| June 30, 2023 | 990 | $12,746,291 | $11,223,880 | $1,522,411 | $20,591,746 | $22,668,699 | -$2,076,953 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $408,414
- of which government grants
- $408,414
- Program service revenue
- $7,306,434
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $6,267,534
- Management and general (functional)
- $907,325
Balance sheet and other
- Total assets, start of year
- $18,273,956
- Total assets, end of year
- $16,960,454
- Total liabilities, end of year
- $24,902,493
- Net assets, end of year
- -$7,942,039
- Land, buildings and equipment
- $9,615,212
- Net assets without donor restrictions
- -$7,942,039
- Gross receipts
- $7,714,848
- Employees
- 38
- Year formed
- 2014
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LARA STERLING | BOARD CHAIR Trustee or director, Officer | 0 | $0 |
| DESMOND HARDY | BOARD MEMBER AT LARGE Trustee or director | 0 | $0 |
| TANISHA TAYLOR-JONES | BOARD MEMBER AT LARGE Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CELETA WATSON | EXECUTIVE DIRECTOR Key employee | 0 | $148,000 |
| TANISHA TAYLOR JONES | BOARD MEMBER Trustee or director | 0 | $0 |
| DESMOND HARDY | BOARD MEMBER Trustee or director | 0 | $0 |
| LARA STERLING | BOARD CHAIR Trustee or director, Officer | 0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JONATHON PENN | BOARD MEMBER Trustee or director | 2 | $0 |
| SHELICA TERRY | BOARD MEMBER Trustee or director | 2 | $0 |
| JAMES A BUSH | BOARD MEMBER Trustee or director | 2 | $0 |
| LARA STERLING | BOARD CHAIR Trustee or director, Officer | 2 | $0 |
| JENNIFER FREEMAN | BOARD MEMBER Trustee or director | 2 | $0 |
| DESMOND HARDY | BOARD MEMBER Trustee or director | 2 | $0 |
| DURRAN DUNN | BOARD MEMBER Trustee or director | 2 | $0 |
| TANISHA TAYLOR JONES | BOARD MEMBER Trustee or director | 2 | $0 |
| DEANDRE PICKETT | BOARD MEMBER Trustee or director | 2 | $0 |
| BRANDON ARENSTON | TREASURER AND FINANCE CHAI Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2626 HOGAN RD, ATLANTA, GA 30344-3827
- In care of
- % LARA STERLING
- Signed the 990
- LARA STERLING, BOARD CHAIR
- Phone
- (404) 669-8060
- Return prepared by
- BAMBO SONAIKE CPA LLC
Mission
PROVIDE OUR SCHOLARS WITH THE TOOLS NECESSARY TO PERSEVERE THROUGH THE HARD WORK AND RECOGNIZE THEIR STRENGTHS IN THE PROCESS.
Program accomplishments
- PROVIDE OUR SCHOLARS WITH THE TOOLS NECESSARY TO PERSEVERE THROUGH THE HARD WORK AND RECOGNIZE THEIR STRENGTHS IN THE PROCESS.Expenses $6,267,534
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 47-3433542
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $16,960,454
- Income (IRS master file)
- $7,714,848
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,714,848 | $7,174,859 | $16,960,454 | XML |
| 990 | June 2024 | $7,206,847 | $11,328,372 | $18,273,956 | XML |
| 990 | June 2023 | $12,746,291 | $11,223,880 | $20,591,746 | XML |
| 990 | June 2022 | $10,832,658 | $12,621,564 | $19,571,024 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-3433542).
Questions about RISE PREPARATORY CHARTER SCHOOL INC
- What is the EIN of RISE PREPARATORY CHARTER SCHOOL INC?
- The employer identification number (EIN) of RISE PREPARATORY CHARTER SCHOOL INC is 47-3433542.
- Is RISE PREPARATORY CHARTER SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to RISE PREPARATORY CHARTER SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RISE PREPARATORY CHARTER SCHOOL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RISE PREPARATORY CHARTER SCHOOL INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RISE PREPARATORY CHARTER SCHOOL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of RISE PREPARATORY CHARTER SCHOOL INC?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does RISE PREPARATORY CHARTER SCHOOL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,714,848, expenses of $7,174,859 and total assets of $16,960,454 at year end.
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