Nonprofit · EIN 87-4102425
RISE FOUNDATION INC
Also known as RISE FOUNDATION
Tax-exempt · VALENCIA, CA 91355
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $110,360 | $79,548 | $30,812 | $42,771 | $0 | $42,771 |
| December 31, 2024 | 990 | $68,663 | $71,169 | -$2,506 | $11,864 | $0 | $11,864 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $110,360
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $52,988
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $26,000
- Program services (functional)
- $79,425
- Management and general (functional)
- $123
Balance sheet and other
- Total assets, start of year
- $11,959
- Total assets, end of year
- $42,771
- Total liabilities, end of year
- $0
- Net assets, end of year
- $42,771
- Gross receipts
- $110,360
- Employees
- 0
- Volunteers
- 20
- Year formed
- 2021
- State of legal domicile
- CA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARI PHILLIPPS | TREASURER Trustee or director, Officer | 10 | $0 |
| JESSICA PRANGE | SECRETARY Trustee or director, Officer | 4 | $0 |
| MEGHAN SIMPSON | CHAIR Trustee or director, Officer | 20 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARI PHILLIPPS | TREASURER Trustee or director, Officer | 10 | $0 |
| JESSICA PRANGE | SECRETARY Trustee or director, Officer | 4 | $0 |
| MEGHAN SIMPSON | CHAIR Trustee or director, Officer | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 28077 SMYTH DR, VALENCIA, CA 91355-4023
- In care of
- % KARI PHILLIPPS
- Mailing address (990-N for 2022)
- 19902 Towhee Court, Santa Clarita CA 91351
- Principal officer (990 for 2025)
- KARI PHILLIPPS, 19902 TOWHEE COURT, CANYON COUNTRY, CA 91351
- Principal officer (990-N for 2022)
- Kari Phillipps, 19902 Towhee Court, Santa Clarita CA 91351
- Signed the 990
- KARI PHILLIPPS, TREASURER
- Phone
- (661) 993-0622
- Website
- www.risescv.org
- Return prepared by
- CHARLES K LEE & COMPANY CPA INC
Mission
AID THE POOR AND PROVIDE BASIC NECESSITIES FOR CHILDREN AND THEIR FAMILIES IN AND FACING FOSTER CARE AND PARTNERING WITH OTHER ORGANIZATIONS TO HELP FAMILIES IN DISTRESS.
Program accomplishments
- PROVIDE BASIC NECESSITIES FOR CHILDREN AND FAMILIES IN OR FACING FOSTER CARE. ALL FUNDS WERE USED TO PROVIDE BEDS, BEDDING, DRESSERS, TOILETRIES, BOOKS, TOYS AND OTHER NEEDS TO FAMILIES IN OR FACING FOSTER CARE.Expenses $79,425 · grants $52,988
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-4102425
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P30)
- Assets (IRS master file)
- $42,771
- Income (IRS master file)
- $110,360
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $61,787 | $50,150 | $14,465 | IRS |
| 990-N for 2022 Officer: Kari Phillipps | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about RISE FOUNDATION INC
- What is the EIN of RISE FOUNDATION INC?
- The employer identification number (EIN) of RISE FOUNDATION INC is 87-4102425.
- Is RISE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to RISE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RISE FOUNDATION 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 FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RISE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of RISE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names KARI PHILLIPPS.
- Who are the officers and directors of RISE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does RISE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $110,360, expenses of $79,548 and total assets of $42,771 at year end.
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