RISE CORP

Restore Inspire Strengthen Empower

aka RISE | Fort Gibson, OK | www.riseshelter.org

GuideStar Charity Check

RISE CORP

EIN: 47-4633341

Contributions tax deductible
as of November 2023

IRS BMF 509(a)(1)
as of November 13, 2023

View summary

Charity Check report

Mission

RISE shelter is a safe living environment for youth girls who have been victims of sex trafficking and/or commercial sexual exploitation in Oklahoma. Our programming provides comprehensive and individualized services or access to services that restore victims to survivors who are able to successfully and permanently escape life in the sex trade.

Ruling year info

2015

Founder / Executive Director

Keri Spencer

Main address

P. O. Box 127

Fort Gibson, OK 74434 USA

Show more contact info

EIN

47-4633341

Subject area info

Victim aid

Youth services

Group homes

Population served info

Children and youth

Women and girls

Low-income people

NTEE code info

Children's and Youth Services (P30)

Victims' Services (P62)

Group Home (Long Term (P73)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Restoration

RISE treatment programming includes mental and behavioral health, unique therapies, job and life skills training, education, responsibility development activities and mentoring and advocacy for each resident.

Population(s) Served

Adolescents

Women and girls

Where we work

External reviews

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

We shared information about our current feedback practices.

How is your organization using feedback from the people you serve?

To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
Which of the following feedback practices does your organization routinely carry out?

We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive
What challenges does the organization face when collecting feedback?

We don't have any major challenges to collecting feedback

Financials

RISE CORP

Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021

SOURCE: IRS Form 990

1.14

Average of 0.61 over 6 years

Months of cash in 2021

SOURCE: IRS Form 990

0.8

Average of 25.4 over 6 years

Fringe rate in 2021

SOURCE: IRS Form 990

8%

Average of 6% over 6 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

RISE CORP

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$24,450
Program Services	$0
Investments	$0
Special Events	$7,433
Sales	$0
Other	$0
Total Revenue	$31,883

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$0
Printing, Publications, Postage, etc.	$47
Other Expenses	$1,429
Total Expenses	$1,476
Net Gain/Loss	$30,407

Revenue
Contributions	$258,105
Government Grants	$0
Program Services	$26,727
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$284,832

Expenses
Program Services	$0
Administration	$18,002
Fundraising	$8,392
Total Expenses	$26,394
Net Gain/Loss	$258,438

Functional expenses
Accounting Fees	$500
Advertising & Promotion	$322
Information Technology Expenses	$0
Insurance Expenses	$1,876
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$111,154
Government Grants	$0
Program Services	$1,200
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$112,354

Expenses
Program Services	$0
Administration	$239,359
Fundraising	$5,500
Total Expenses	$244,859
Net Gain/Loss	($132,505)

Functional expenses
Accounting Fees	$800
Advertising & Promotion	$193
Information Technology Expenses	$0
Insurance Expenses	$7,757
Interest Expenses	$7,500
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$147,855
Government Grants	$151,440
Program Services	$36,730
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$336,025

Expenses
Program Services	$0
Administration	$368,823
Fundraising	$6,299
Total Expenses	$375,122
Net Gain/Loss	($39,097)

Functional expenses
Accounting Fees	$921
Advertising & Promotion	$24
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$12,500
Investment Management Fees	$0
Legal Fees	$340
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$146,192
Government Grants	$161,511
Program Services	$42,262
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$349,965

Expenses
Program Services	$0
Administration	$393,862
Fundraising	$1,740
Total Expenses	$395,602
Net Gain/Loss	($45,637)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$239
Information Technology Expenses	$0
Insurance Expenses	$14,728
Interest Expenses	$9,932
Investment Management Fees	$0
Legal Fees	$1,314
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$221,739
Government Grants	$351,408
Program Services	$63,390
Investments	$6,944
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$643,481

Expenses
Program Services	$0
Administration	$429,349
Fundraising	$5,591
Total Expenses	$434,940
Net Gain/Loss	$208,541

Functional expenses
Accounting Fees	$980
Advertising & Promotion	$204
Information Technology Expenses	$0
Insurance Expenses	$18,476
Interest Expenses	$9,784
Investment Management Fees	$0
Legal Fees	$30
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

RISE CORP

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2016	Dec 31, 2016	Change
Contributions	$24,450
Cash & Equivalents	$5,584	$30,491	$24,907
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$5,500	$5,500
Total Assets	$5,584	$35,991	$30,407

Liabilities	Jan 01, 2016	Dec 31, 2016	Change
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2016	Dec 31, 2016	Change
Net Assets	$5,584	$35,991	$30,407

Assets	Jan 01, 2017	Dec 31, 2017	Change
Contributions	$258,105
Cash & Equivalents	$30,491	$244,283	$213,792
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$248,451	$248,451
Other	$5,500	$1,695	($3,805)
Total Assets	$35,991	$494,429	$458,438

Liabilities	Jan 01, 2017	Dec 31, 2017	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$200,000	$200,000
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$200,000	$200,000

Fund balance	Jan 01, 2017	Dec 31, 2017	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$35,991	$294,429	$258,438
Net Assets	$35,991	$294,429	$258,438

Assets	Jan 01, 2018	Dec 31, 2018	Change
Contributions	$111,154
Cash & Equivalents	$244,283	$111,678	($132,605)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$248,451	$245,617	($2,834)
Other	$1,695	$1,989	$294
Total Assets	$494,429	$359,284	($135,145)

Liabilities	Jan 01, 2018	Dec 31, 2018	Change
Accounts Payable	$0	($140)	($140)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$200,000	$197,500	($2,500)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$200,000	$197,360	($2,640)

Fund balance	Jan 01, 2018	Dec 31, 2018	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$294,429	$161,924	($132,505)
Net Assets	$294,429	$161,924	($132,505)

Assets	Jan 01, 2019	Dec 31, 2019	Change
Contributions	$147,855
Cash & Equivalents	$111,678	$83,029	($28,649)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$245,617	$240,583	($5,034)
Other	$1,989	$0	($1,989)
Total Assets	$359,284	$323,612	($35,672)

Liabilities	Jan 01, 2019	Dec 31, 2019	Change
Accounts Payable	($140)	$785	$925
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$197,500	$200,000	$2,500
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$197,360	$200,785	$3,425

Fund balance	Jan 01, 2019	Dec 31, 2019	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$161,924	$122,827	($39,097)
Net Assets	$161,924	$122,827	($39,097)

Assets	Jan 01, 2020	Dec 31, 2020	Change
Contributions	$146,192
Cash & Equivalents	$83,029	$79,417	($3,612)
Accounts Receivable	$0	$1,445	$1,445
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$240,583	$242,607	$2,024
Other	$0	$0	$0
Total Assets	$323,612	$323,469	($143)

Liabilities	Jan 01, 2020	Dec 31, 2020	Change
Accounts Payable	$785	($1,469)	($2,254)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$200,000	$247,748	$47,748
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$200,785	$246,279	$45,494

Fund balance	Jan 01, 2020	Dec 31, 2020	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$122,827	$77,190	($45,637)
Net Assets	$122,827	$77,190	($45,637)

Assets	Jan 01, 2021	Dec 31, 2021	Change
Contributions	$221,739
Cash & Equivalents	$79,417	$28,640	($50,777)
Accounts Receivable	$1,445	$191,235	$189,790
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$242,607	$258,812	$16,205
Other	$0	$0	$0
Total Assets	$323,469	$478,687	$155,218

Liabilities	Jan 01, 2021	Dec 31, 2021	Change
Accounts Payable	($1,469)	($992)	$477
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$247,748	$193,948	($53,800)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$246,279	$192,956	($53,323)

Fund balance	Jan 01, 2021	Dec 31, 2021	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$77,190	$285,731	$208,541
Net Assets	$77,190	$285,731	$208,541

RISE CORP

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of RISE CORP’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2017	2018	2019	2020	2021
Unrestricted surplus (deficit) before depreciation	$264,011	-$123,927	-$30,863	-$35,861	$225,172
As % of expenses	1268.0%	-52.4%	-8.4%	-9.3%	53.8%
Unrestricted surplus (deficit) after depreciation	$258,438	-$132,505	-$39,097	-$45,637	$208,541
As % of expenses	979.2%	-54.1%	-10.4%	-11.5%	47.9%

Revenue composition
Total revenue (unrestricted & restricted)	$284,832	$112,354	$336,025	$349,965	$643,481
Total revenue, % change over prior year	0.0%	-60.6%	199.1%	4.1%	83.9%
Program services revenue	9.4%	1.1%	10.9%	12.1%	9.9%
Membership dues	0.0%	0.0%	0.0%	0.0%	0.0%
Investment income	0.0%	0.0%	0.0%	0.0%	1.1%
Government grants	0.0%	0.0%	45.1%	46.2%	54.6%
All other grants and contributions	90.6%	98.9%	44.0%	41.8%	34.5%
Other revenue	0.0%	0.0%	0.0%	0.0%	0.0%

Expense composition
Total expenses before depreciation	$20,821	$236,281	$366,888	$385,826	$418,309
Total expenses, % change over prior year	0.0%	1034.8%	55.3%	5.2%	8.4%
Personnel	0.0%	75.7%	79.9%	80.1%	77.6%
Professional fees	2.4%	0.3%	0.3%	0.3%	0.2%
Occupancy	2.4%	0.2%	0.2%	0.0%	0.0%
Interest	0.0%	3.2%	3.4%	2.6%	2.3%
Pass-through	0.0%	0.0%	0.0%	0.0%	0.0%
All other expenses	95.2%	20.6%	16.2%	17.0%	19.8%

Full cost components (estimated)	2017	2018	2019	2020	2021
Total expenses (after depreciation)	$26,394	$244,859	$375,122	$395,602	$434,940
One month of savings	$1,735	$19,690	$30,574	$32,152	$34,859
Debt principal payment	$0	$2,500	$0	$0	$53,800
Fixed asset additions	$254,024	$0	$0	$11,800	$32,836
Total full costs (estimated)	$282,153	$267,049	$405,696	$439,554	$556,435

Capital structure indicators

Liquidity	2017	2018	2019	2020	2021
Months of cash	140.8	5.7	2.7	2.5	0.8
Months of cash and investments	140.8	5.7	2.7	2.5	0.8
Months of estimated liquid unrestricted net assets	141.8	5.8	2.7	1.0	6.3

Balance sheet composition	2017	2018	2019	2020	2021
Cash	$244,283	$111,678	$83,029	$79,417	$28,640
Investments	$0	$0	$0	$0	$0
Receivables	$0	$0	$0	$1,445	$191,235
Gross land, buildings, equipment (LBE)	$254,024	$259,768	$262,968	$274,768	$307,604
Accumulated depreciation (as a % of LBE)	2.2%	5.4%	8.5%	11.7%	15.9%
Liabilities (as a % of assets)	40.5%	54.9%	62.0%	76.1%	40.3%
Unrestricted net assets	$294,429	$161,924	$122,827	$77,190	$285,731
Temporarily restricted net assets	$0	$0	N/A	N/A	N/A
Permanently restricted net assets	$0	$0	N/A	N/A	N/A
Total restricted net assets	$0	$0	$0	$0	$0
Total net assets	$294,429	$161,924	$122,827	$77,190	$285,731

Key data checks

Key data checks	2017	2018	2019	2020	2021
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination

Form 1023/1024 is not available for this organization

Founder / Executive Director

Keri Spencer

Keri Spencer has spent her entire professional career as an attorney advocating for at risk youth. As a prosecutor in juvenile court, then as an attorney for DHS handling foster care cases, her life's work has been to ensure that the children and youth of her communities are safe, loved and equipped to become healthy, happy, productive adults. Keri gives her time as the co-chair of the sister organization to RISE, Priceless, by hosting awareness events and educating area youth about the dangers of sex trafficking. In her capacity as Executive Director of RISE, Keri tirelessly leads the Board toward seeing RISE opened and operational so that the girls RISE will serve will become survivors living restored lives free of the sex trade.

Married for 24 years, Keri and her husband, Steve have 2 grown daughters. They enjoy spending time at the beach when they are not both traveling for work.

Number of employees

Source: IRS Form 990

RISE CORP

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

RISE CORP

Board of directors
as of 05/27/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

Mr. Eric Wells

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Not applicable
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 8/23/2021

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity

Native American/American Indian/Alaska Native/Indigenous

Gender identity

Female, Not transgender (cisgender)

Sexual orientation

Heterosexual or straight

Disability status

Person without a disability

RISE CORP

Restore Inspire Strengthen Empower

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Restoration

Where we work

How we listen

Financials

Revenue vs. expenses: breakdown

Liquidity in 2021 info

1.14

Months of cash in 2021 info

0.8

Fringe rate in 2021 info

8%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

RISE CORP

RISE CORP

RISE CORP

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Founder / Executive Director

Keri Spencer

Number of employees

RISE CORP

Compensation data

RISE CORP

Board of directors data

Mr. Eric Wells

Board leadership practices

Board orientation and education

CEO oversight

Ethics and transparency

Board composition

Board performance

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Liquidity in 2021

Months of cash in 2021

Fringe rate in 2021

Funding sources

Assets & liabilities