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Nonprofit · EIN 85-3590574

RISING TIDE EFFECT

Tax-exempt · BROOKLYN, NY 11201

Financials

$91K$109K2022$321K$339K2023$540K$547K2024
Revenue Expenses · by fiscal year end
Financials of RISING TIDE EFFECT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$540,052$546,741-$6,689$143,620$218,738-$75,118
December 31, 2023990$320,694$338,697-$18,003$135,477$203,906-$68,429
December 31, 2022990 (amended)$90,652$109,003-$18,351$8,236$3,190$5,046
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$540,052
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$114,403
Other salaries and wages
$149,457
Salaries, compensation and benefits (total)
$288,440
Professional fundraising fees
$0
Legal fees
$825
Accounting fees
$9,000
Occupancy
$24,978
Travel
$1,680
Program services (functional)
$458,878
Management and general (functional)
$87,863

Balance sheet and other

Total assets, start of year
$135,477
Total assets, end of year
$143,620
Total liabilities, end of year
$218,738
Net assets, end of year
-$75,118
Net assets without donor restrictions
-$125,118
Net assets with donor restrictions
$50,000
Gross receipts
$540,052
Employees
21
Volunteers
7
Year formed
2020
State of legal domicile
NY

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KAITLIN KRAUSEEXECUTIVE DIRECTOR
Officer
40$92,692$21,711
JP RORECHCHAIRPERSON
Trustee or director, Officer
1$0$0
MICHI JIGARJIANVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
MELISSA GRIFFITHSBOARD MEMBER
Trustee or director
1$0$0
CAMESHA GRANTBOARD MEMBER
Trustee or director
1$0$0
GEORGIA HARRELLBOARD MEMBER
Trustee or director
1$0$0
LUCY RORECHBOARD MEMBER
Trustee or director
1$0$0
JOELLE BYRERBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
JP RORECHCHAIRPERSON
Trustee or director, Officer
1$0
MICHI JIGARJIANVICE CHAIRPERSON
Trustee or director, Officer
1$0
MELISSA GRIFFITHSBOARD MEMBER
Trustee or director
1$0
CAMESHA GRANTBOARD MEMBER
Trustee or director
1$0
GEORGIA HARRELLBOARD MEMBER
Trustee or director
1$0
LUCY RORECHBOARD MEMBER
Trustee or director
1$0
JOELLE BYRERBOARD MEMBER
Trustee or director
1$0
KAITLIN KRAUSEEXECUTIVE DIRECTOR
Officer
40$0
990 for the year ended December 31, 2022: 7 people
NameTitleHours / weekCompensation
KAITLIN KRAUSEEXECUTIVE DIRECTOR
Officer
40$56,500
JP RORECHCHAIRPERSON
Trustee or director, Officer
1$0
MICHI JIGARJIANVICE CHAIRPERSON
Trustee or director, Officer
1$0
MELISSA GRIFFITHTREASURER
Trustee or director, Officer
1$0
CAMESHA GRANTBOARD MEMBER
Trustee or director
1$0
GEORGIA HARRELLBOARD MEMBER
Trustee or director
1$0
LUCY RORECHBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
165 COURT ST 117, BROOKLYN, NY 11201-4345
In care of
% KAITLIN KRAUSE
Mailing address (990-N for 2021)
165 COURT STREET, BROOKLYN NY 11201
Principal officer (990 for 2024)
KAITLIN KRAUSE, 165 COURT ST 117, BROOKLYN, NY 112335968
Principal officer (990-N for 2021)
KATE KRAUSE, 165 COURT STREET, BROOKLYN NY 11201
Signed the 990
KAITLIN KRAUSE, EXECUTIVE DIRECTOR
Phone
(631) 901-9116
Return prepared by
SKODY SCOT & CO CPAS PC

Mission

TO ELIMINATE DEATH BY DROWNING AND PROVIDE QUALITY SWIMMING LESSONS ANDWATER SAFETY EDUCATION TO UNDERSERVED SOCIOECONOMIC REGIONS AND GROUPS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE INSTRUCTIONAL SWIM PROGRAMS FOR UNDERSERVED COMMUNITIES
    Expenses $458,878

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-3590574
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$143,620
Income (IRS master file)
$540,052

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$540,052$546,741$143,620IRS
990December 2023$320,694$338,697$135,477XML
990December 2022$90,652$109,003$8,236XML
990-N for 2021
Officer: KATE KRAUSE
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Kaitlin Krause
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 85-3590574).

Questions about RISING TIDE EFFECT

What is the EIN of RISING TIDE EFFECT?
The employer identification number (EIN) of RISING TIDE EFFECT is 85-3590574.
Is RISING TIDE EFFECT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to RISING TIDE EFFECT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RISING TIDE EFFECT 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 RISING TIDE EFFECT 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 RISING TIDE EFFECT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RISING TIDE EFFECT?
The 990 for the year ended December 31, 2024 names KAITLIN KRAUSE.
Who are the officers and directors of RISING TIDE EFFECT?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $92,692 (KAITLIN KRAUSE, EXECUTIVE DIRECTOR).
How much revenue does RISING TIDE EFFECT have?
On its 990 for the year ended December 31, 2024 it reported revenue of $540,052, expenses of $546,741 and total assets of $143,620 at year end.

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