Rise Scholars Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 249,403 | 31,231 | 218,172 | 83.8 | 0% |
| 2021 | 209,133 | 52,275 | 156,858 | 86.1 | 0% |
| 2022 | 412,259 | 367,052 | 45,207 | 13.7 | 0% |
| 2023 | 595,004 | 282,398 | 312,606 | 31.1 | 2% |
In its most recent public year (2023), this organization brought in $312,606 more than it spent. Its reserves stood at about 31.1 months of spending, down from 83.8 in 2020. Staff pay was 2% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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