Nonprofit · EIN 85-0522536
RISE FOUNDATION
Tax-exempt · WAYNESBORO, VA 22980
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $121,092 | $122,037 | -$945 | $5,959 | $10,000 | -$4,041 |
| December 31, 2023 | 990 | $260,769 | $276,936 | -$16,167 | $8,729 | $11,825 | -$3,096 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $121,092
Expenses
- Compensation of officers, directors and key employees
- $2,000
- Salaries, compensation and benefits (total)
- $2,000
- Professional fees and payments to contractors
- $300
- Occupancy
- $63,085
- Printing, publications and postage
- $1,751
- Other expenses
- $54,901
- Program services (functional)
- $103,673
Balance sheet and other
- Total assets, start of year
- $8,729
- Total assets, end of year
- $5,959
- Total liabilities, end of year
- $10,000
- Net assets, end of year
- -$4,041
- Cash, savings and investments
- $5,959
- Gross receipts
- $121,092
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHARON FITZ | EXECUTIVE DI | 20 | $2,000 |
| CHANDA MCGUFFIN | CO FOUNDER | 20 | $0 |
| SONYA PAYNE | SECRETARY | 6 | $0 |
| JENNIFER NICHOLLS | TREASURER | 6 | $0 |
| LORI MAY | BOARD MEMBER | 6 | $0 |
| DR LAUREN CARTER | BOARD MEMBER | 6 | $0 |
| LORIE AKANBI | BOARD MEMBER | 6 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHARON FITZ | EXECUTIVE DI Officer | 40 | $34,375 |
| LORIE AKANBI | BOARD MEMBER Trustee or director | 6 | $0 |
| DR LAUREN CARTER | BOARD MEMBER Trustee or director | 6 | $0 |
| LORI MAY | BOARD MEMBER Trustee or director | 6 | $0 |
| CHANDA MCGUFFIN | CO FOUNDER Trustee or director, Officer | 20 | $0 |
| JENNIFER NICHOLLS | TREASURER Trustee or director, Officer | 6 | $0 |
| SONYA PAYNE | SECRETARY Trustee or director, Officer | 6 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1183, WAYNESBORO, VA 22980-0854
- Mailing address (990-N for 2021)
- PO BOX 1183, WAYNESBORO VA 22980
- Principal officer (990-N for 2021)
- CHANDA MCGUFFIN, PO BOX 1183, WAYNESBORO VA 22980
- Signed the 990-EZ
- CHANDA MCGUFFIN, CO FOUNDER
- Phone
- (540) 294-0955
- Website
- RISEORG2018.COM
- Return prepared by
- KRIS MCMACKIN CPA PC
Mission
PROVIDE EDUCATION, TRAINING, DEVELOPMENT AND COMMUNITY OUTREACH
Program accomplishments
- YOUTH PROGRAMMING INCLUDES AFTER SCHOOL, SUMMER SCHOOL, AND IMPACT ON YOUTH. WE SERVICE APPROXIMATELY 75 - 100 SCHOLARS AT DIFFERENT TIMES DURING THE YEAR. OUR PHILOSOPHY IS TO TEACH READING, WRITING AND PUBLIC SPEAKING THROUGH CULTURALLY REPRESENTATIVE MATERIAL, THE ARTS, AND SMALL GROUP OR ONE-ON-ONE SESSIONS. ATTENDING SCHOLARS IMPROVE THEIR READING LEVELS FROM 1 TO 2 GRADE LEVELS AND THEIR CONFIDENCE GROWS TREMENDOUSLY.Expenses $103,673
- THE COMMUNITY OUTREACH PROGRAM IS AVAILABLE TO RISE PARTICIPANTS, WHICH WE CONSIDER TO BE OUR RISE FAMILY. THIS PROGRAM SUPPORTS OUR RISE FAMILIES SO THAT OUR SCHOLARS CAN LIVE AND LEARN HEALTHY AND THRIVING LIVES. SUPPORT IS GIVEN THROUGH VARIOUS WAYS- FIRST TIME HOMEBUYER SEMINARS, SCHOOL SUPPLIES, FIRST DAY OUTFITS, FAMILY FUN NIGHT.
- THE ALL BLACK LIBRARY IS USED AS A MAIN FOUNDATION FOR BUILDING READING AND COMPREHENSION. NEW BOOKS ARE PURCHASED THROUGHOUT THE YEAR FOR GROUP BOOK READING AND WRITTEN BOOK REPORTS. OVER 1500 BOOKS ARE IN THE COLLECTION RANGING FROM PRE-K TO ADULTS AND OF ALL GENRES. IT SERVES AS A LOANER LIBRARY FOR THE COMMUNITY.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-0522536
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Civil rights, social action and advocacy (R01)
- Assets (IRS master file)
- $5,959
- Income (IRS master file)
- $121,092
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $121,092 | $122,037 | $5,959 | IRS |
| 990 | December 2023 | $260,769 | $276,936 | $8,729 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: CHANDA MCGUFFIN | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: SHARON FITZ | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 85-0522536).
Questions about RISE FOUNDATION
- What is the EIN of RISE FOUNDATION?
- The employer identification number (EIN) of RISE FOUNDATION is 85-0522536.
- Is RISE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to RISE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RISE FOUNDATION 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 FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RISE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of RISE FOUNDATION?
- The 990-N for 2021 names CHANDA MCGUFFIN.
- Who are the officers and directors of RISE FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $2,000 (SHARON FITZ, EXECUTIVE DI).
- How much revenue does RISE FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $121,092, expenses of $122,037 and total assets of $5,959 at year end.
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All nonprofits in WAYNESBORO · Virginia · Civil rights, social action and advocacy