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Rise Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 811242098 ✦ Mishawaka, IN ✦ Designated as a 501(c)(3)

Overview

What is Rise Inc?

Rise Inc, located at 4215 EDISON LAKES PKWY STE 325, MISHAWAKA, IN, 46545, is a nonprofit organization dedicated to stimulating and enhancing the local entrepreneurial ecosystem. Their primary focus is on mentoring and educating high school students, college students, and adults on how to establish and grow their own sustainable businesses. By offering a statewide accredited program, Rise Inc provides training and guidance to aspiring entrepreneurs, aiming to inspire innovation and growth in their respective business sectors. With a workforce of 13 individuals, Rise Inc is committed to nurturing the next generation of entrepreneurs and fostering a thriving business community.


Official website here: www.raisingtheregion.org

Is Rise Inc legitimate?

Rise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rise Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $346,497

For more financial information, click here


Official website here: www.raisingtheregion.org

What is the mission statement of Rise Inc?

Rise Inc's mission is centered around fostering entrepreneurship among high school students and others, aiming to stimulate local business sectors. Through their program, they provide mentorship and education, equipping individuals with the skills needed to start their own businesses. Rise Inc is committed to enhancing the entrepreneurial ecosystem on a statewide level. They offer an accredited program, which includes teacher training and mentoring, to help high school students, college students, and adults establish sustainable businesses. The ultimate goal is to stimulate the respective business sectors where these individuals reside.


Official website here: www.raisingtheregion.org

Who is the CEO of Rise Inc?

Lawrence Garatoni is the Board Member of Rise Inc.


Official website here: www.raisingtheregion.org

What is the revenue of Rise Inc?

Rise Inc's revenue in 2023 was $900,053.


Official website here: www.raisingtheregion.org

Who are the executives of Rise Inc and what are their salaries?

The average compensation at Rise Inc during 2023 was $26,654. There are 13 employees and 50 volunteers at Rise Inc.

Here are 7 key members and their salaries:

    Edgar Cabello (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lex Dennis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maggie King (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isaac Torres (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Fangman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lawrence Garatoni (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Loeser (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.raisingtheregion.org

    Where can I find the form 990 for Rise Inc?

    The Rise Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.raisingtheregion.org

    Learn more at the official website: www.raisingtheregion.org

    Mission Statement of Rise Inc

    Rise Inc, as an organization, is dedicated to inspiring and instructing high school students on the path to entrepreneurship, aiming to bolster their local business sectors. Through its mentorship and educational programs, Rise Inc encourages these students to establish their own businesses, thereby stimulating the economic growth of their respective communities.

    In order to achieve this mission, Rise Inc has developed a statewide, accredited program that focuses on teacher training and mentoring, in addition to guiding high school students, college students, and other adults in the art of entrepreneurship. By providing these individuals with the necessary tools and guidance, Rise Inc seeks to foster the creation of sustainable businesses, thereby contributing to the overall development and enhancement of the statewide entrepreneurial ecosystem.

    In essence, Rise Inc serves as a catalyst for young entrepreneurs, offering them the support and knowledge needed to turn their business ideas into reality. By doing so, Rise Inc not only stimulates the local business sectors but also empowers the next generation of business leaders.

    Impact

    This information is meant to be a general summary of Rise Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Rise Inc's impact can be seen in its dedication to mentoring and educating high school students in entrepreneurship, empowering them to start their own businesses and contribute to the local business sector. By providing teacher training, mentoring, and education to students of all ages, Rise Inc is actively working towards enhancing the statewide entrepreneurial ecosystem. Through its accredited programs, Rise Inc is not only fostering the growth of future entrepreneurs but also stimulating various business sectors across the state.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,941
  • Program Service Revenue: $421,410
  • Gross Receipts: $900,053

    • Assets and Liabilities:
  • Total Assets: $400,673
  • Total Liabilities: $114,864
  • Net Assets: $285,809
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE REVENU

    Revenue

    $421,410

    Organization Details

    Founding Year

    2015

    Principal Officer

    Lawrence Garatoni

    Main Address

    4215 EDISON LAKES PKWY STE 325, MISHAWAKA, IN, 46545

    NTEE Category

    Code: B30 - Education

    If you are a representative of Rise Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.