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Nonprofit · EIN 87-1801552

FUND FOR RISING GROUND INC

Tax-exempt · NEW YORK, NY 10018

Financials

$520K$152022$3.1M$5.1M2023$2.5M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of FUND FOR RISING GROUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,507,796$1,631,079$876,717$57,471,801$4,250$57,467,551
June 30, 2024990$3,071,159$5,083,420-$2,012,261$50,000,292$181,469$49,818,823
June 30, 2023990$519,625$15$519,610$36,690,661$0$36,690,661
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$2,507,796
Net gain from sales of assets
$674,499
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,433,503
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,250
Program services (functional)
$1,433,503
Management and general (functional)
$197,576

Balance sheet and other

Total assets, start of year
$50,000,292
Total assets, end of year
$57,471,801
Total liabilities, end of year
$4,250
Net assets, end of year
$57,467,551
Publicly traded securities
$50,208,677
Net assets without donor restrictions
$57,467,551
Gross receipts
$20,506,632
Employees
0
Volunteers
5
Year formed
2021
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALAN E MUCATELCHIEF EXECUTIVE OFFICER
Officer
1$0$398,897$58,442
ELLIOT HAGLERCHIEF FINANCIAL OFFICER
Officer
1$0$345,512$21,241
ELIZABETH RENYITREASURER
Trustee or director, Officer
1$0$0$0
FRANCES OLIVERISECRETARY
Trustee or director, Officer
1$0$0$0
G CROSSAN SEYBOLT JRPRESIDENT
Trustee or director, Officer
1$0$0$0
CAROL CHENDIRECTOR
Trustee or director
1$0$0$0
NICK PREDDICEDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALAN E MUCATELCHIEF EXECUTIVE OFFICER
Officer
1$0$380,473$34,582
ELLIOT HAGLERCHIEF FINANCIAL OFFICER
Officer
1$0$284,404$17,268
G CROSSAN SEYBOLT JRPRESIDENT
Trustee or director, Officer
1$0$0$0
FRANCES OLIVERISECRETARY
Trustee or director, Officer
1$0$0$0
ELIZABETH RENYITREASURER
Trustee or director, Officer
1$0$0$0
CAROL CHENDIRECTOR
Trustee or director
1$0$0$0
NICK PREDDICEDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALAN E MUCATELCHIEF EXECUTIVE OFFICER
Officer
1$0$383,740$29,405
ELLIOT HAGLERCHIEF FINANCIAL OFFICER
Officer
1$0$268,958$16,260
G CROSSAN SEYBOLT JRPRESIDENT
Trustee or director, Officer
1$0$0$0
FRANCES OLIVERISECRETARY
Trustee or director, Officer
1$0$0$0
ELIZABETH RENYITREASURER
Trustee or director, Officer
1$0$0$0
CAROL CHENDIRECTOR
Trustee or director
1$0$0$0
NICK PREDDICEDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1333 BROADWAY 8TH FL, NEW YORK, NY 10018-1064
In care of
% ELLIOT HAGLER CPA CFO
Principal officer (990 for 2024)
ALAN E MUCATEL, 1333 BROADWAY 8TH FL, NEW YORK, NY 10018
Signed the 990
ELLIOT HAGLER, CFO
Phone
(212) 437-3500
Return prepared by
BDO USA

Mission

TO SOLICIT, HOLD, MANAGE, INVEST AND DISTRIBUTE CHARITABLE FUNDS AND REAL PROPERTY FOR ITS NON-PROFIT SOLE MEMBER RISING GROUND, INC.; AND TO PERFORM THE FUNCTION OF, OR CARRY OUT THE PURPOSES OF ITS NON-PROFIT SOLE MEMBER RISING GROUND, INC.

990 for the year ended June 30, 2025

Program accomplishments

  • TO SOLICIT, HOLD, MANAGE, INVEST AND DISTRIBUTE CHARITABLE FUNDS AND REAL PROPERTY FOR ITS NON-PROFIT SOLE MEMBER RISING GROUND, INC.; AND TO PERFORM THE FUNCTION OF, OR CARRY OUT THE PURPOSES OF ITS NON-PROFIT SOLE MEMBER RISING GROUND, INC.
    Expenses $1,433,503 · grants $1,433,503

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
87-1801552
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2022
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P11)
Assets (IRS master file)
$57,471,801
Income (IRS master file)
$20,506,632

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,507,796$1,631,079$57,471,801XML
990June 2024$3,071,159$5,083,420$50,000,292XML
990June 2023$519,625$15$36,690,661XML
990-EZJune 2022–––IRS
990-EZJune 2021–––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 87-1801552).

Questions about FUND FOR RISING GROUND INC

What is the EIN of FUND FOR RISING GROUND INC?
The employer identification number (EIN) of FUND FOR RISING GROUND INC is 87-1801552.
Is FUND FOR RISING GROUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to FUND FOR RISING GROUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does FUND FOR RISING GROUND 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 FUND FOR RISING GROUND 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 FUND FOR RISING GROUND 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 FUND FOR RISING GROUND INC?
The 990 for the year ended June 30, 2025 names ALAN E MUCATEL.
Who are the officers and directors of FUND FOR RISING GROUND INC?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does FUND FOR RISING GROUND INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,507,796, expenses of $1,631,079 and total assets of $57,471,801 at year end.

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