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Nonprofit · EIN 81-1242098

REGIONAL INNOVATION AND STARTUP EDUCATION INC

Also known as RISE INC

Tax-exempt · MISHAWAKA, IN 46545

Financials

$1.1M$964K2023$872K$1M2024
Revenue Expenses · by fiscal year end
Financials of REGIONAL INNOVATION AND STARTUP EDUCATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$872,139$1,016,816-$144,677$135,669$7,068$128,601
June 30, 2024990$1,056,878$963,594$93,284$390,478$21,184$369,294
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$681,665
of which government grants
$181,994
Program service revenue
$199,100
Investment income
$1,086
Net income from fundraising events
-$19,162
Other revenue
-$9,712

Expenses

Grants and similar amounts paid
$500
Compensation of officers, directors and key employees
$173,758
Other salaries and wages
$454,095
Salaries, compensation and benefits (total)
$732,001
Professional fundraising fees
$0
Legal fees
$12,084
Accounting fees
$10,491
Occupancy
$23,910
Travel
$12,439
Program services (functional)
$334,286
Management and general (functional)
$349,502
Fundraising (functional)
$333,028

Balance sheet and other

Total assets, start of year
$390,478
Total assets, end of year
$135,669
Total liabilities, end of year
$7,068
Net assets, end of year
$128,601
Net assets without donor restrictions
$128,601
Gross receipts
$891,301
Employees
19
Volunteers
0
Year formed
2015
State of legal domicile
IN

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.

NameTitleHours / weekCompensationOther / benefits
IRIS HAMMELEXECUTIVE DIRECTOR
Officer
40$170,207$19,135
EDGAR CABELLOBOARD MEMBER
Trustee or director
2$0$0
LEX DENNISBOARD MEMBER
Trustee or director
2$0$0
MAGGIE KINGBOARD MEMBER
Trustee or director
2$0$0
ISAAC TORRESBOARD MEMBER
Trustee or director
2$0$0
DAN FANGMANBOARD MEMBER
Trustee or director
2$0$0
BETHANY HARTLEYBOARD MEMBER
Trustee or director
2$0$0
CHARLES LOESERSECRETARY
Trustee or director, Officer
2$0$0
LAWRENCE GARATONIPRESIDENT
Trustee or director, Officer
2$0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
IRIS HAMMELEXECUTIVE DIRECTOR
Officer
40$170,207$18,440
EDGAR CABELLOBOARD MEMBER
Trustee or director
2$0$0
LEX DENNISBOARD MEMBER
Trustee or director
2$0$0
MAGGIE KINGBOARD MEMBER
Trustee or director
2$0$0
ISAAC TORRESBOARD MEMBER
Trustee or director
2$0$0
DAN FANGMANBOARD MEMBER
Trustee or director
2$0$0
CHARLES LOESERSECRETARY
Trustee or director, Officer
2$0$0
LAWRENCE GARATONIPRESIDENT
Trustee or director, Officer
2$0$0

Address and contacts

Address (IRS master file)
4215 EDISON LAKES PKWY STE 325, MISHAWAKA, IN 46545-1482
In care of
% CHARLES M LOESER
Principal officer (990 for 2024)
LAWRENCE GARATONI, 4215 EDISON LAKES PKWY SUITE 325, MISHAWAKA, IN 46545
Signed the 990
LAWRENCE GARATONI, PRESIDENT
Phone
(574) 271-5145
Return prepared by
KRUGGEL LAWTON & COMPANY LLC

Mission

THE RISE PROGRAM IS DESIGNED TO MENTOR AND EDUCATE HIGH SCHOOL STUDENTS IN HOW TO BECOME ENTREPRENEURS AND BEGIN THEIR OWN BUSINESSES IN ORDER TO STIMULATE THE LOCAL BUSINESS SECTOR.

990 for the year ended June 30, 2025

Program accomplishments

  • RISE IS COMMITTED TO FURTHER DEVELOPMENT AND ENHANCEMENT TO THE REGIONAL AND STATEWIDE ENTREPRENEURIAL ECOSYSTEM. RISE HAS DESIGNED ACCREDITED PROGRAMS COMMITTED TO ENTREPRENEURIAL EDUCATION AND PROVIDE THE ESSENTIAL FRAMEWORK AND SKILLS FOR STUDENTS AND ADULTS OF ALL AGES TO FURTHER EXPLORE AND DEVELOP THEIR ENTREPRENEURIAL ASPIRATIONS AND PURSUITS.
    Expenses $21,995 · revenue $13,100
  • STARTUP MOXIE, A FLAGSHIP RISE PROGRAM FOR HIGH SCHOOL STUDENTS IN THE SOUTH BEND-ELKHART REGION, EMPOWERS STUDENTS TO DEVELOP ENTREPRENEURIAL SKILLS, DISCOVER PERSONAL PASSIONS, AND BUILD MEANINGFUL COMMUNITY CONNECTIONS. THE YEAR-LONG, DUAL COLLEGE CREDIT PROGRAM OFFERS STUDENTS A HANDS-ON IMMERSIVE EXPERIENCE TO DEVELOP AN ENTREPRENEURIAL MINDSET AND SKILLS TO CREATE AND LAUNCH THEIR OWN BUSINESS STARTUPS.
    Expenses $312,291 · grants $500 · revenue $186,000

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
81-1242098
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B30)
Assets (IRS master file)
$135,669
Income (IRS master file)
$891,301

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$872,139$1,016,816$135,669XML
990June 2024$1,056,878$963,594$390,478IRS
990June 2023$900,053$693,853$400,673IRS
990June 2022$273,772$363,592$370,799IRS
990December 2021–––IRS
990December 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 81-1242098).

Questions about REGIONAL INNOVATION AND STARTUP EDUCATION INC

What is the EIN of REGIONAL INNOVATION AND STARTUP EDUCATION INC?
The employer identification number (EIN) of REGIONAL INNOVATION AND STARTUP EDUCATION INC is 81-1242098.
Is REGIONAL INNOVATION AND STARTUP EDUCATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to REGIONAL INNOVATION AND STARTUP EDUCATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does REGIONAL INNOVATION AND STARTUP EDUCATION 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 REGIONAL INNOVATION AND STARTUP EDUCATION 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 REGIONAL INNOVATION AND STARTUP EDUCATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of REGIONAL INNOVATION AND STARTUP EDUCATION INC?
The 990 for the year ended June 30, 2025 names LAWRENCE GARATONI.
Who are the officers and directors of REGIONAL INNOVATION AND STARTUP EDUCATION INC?
The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $170,207 (IRIS HAMMEL, EXECUTIVE DIRECTOR).
How much revenue does REGIONAL INNOVATION AND STARTUP EDUCATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $872,139, expenses of $1,016,816 and total assets of $135,669 at year end.

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