GOLD2023

RISE CORP

Restore Inspire Strengthen Empower

aka RISE   |   Fort Gibson, OK   |  www.riseshelter.org
GuideStar Charity Check

RISE CORP

EIN: 47-4633341

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

Group homes

Youth services

Victim aid

Population served info

Low-income people

Children and youth

Women and girls

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

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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

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.

done 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 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

0.95

Average of 0.66 over 7 years

Months of cash in 2022 info

SOURCE: IRS Form 990

6.2

Average of 22.7 over 7 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

8%

Average of 7% over 7 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

RISE CORP

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

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: cloud_download Download Data

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 picture_as_pdf View full report cloud_downloadDownload data

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$123,927 -$30,863 -$35,861 $225,172 -$32,704
As % of expenses -52.4% -8.4% -9.3% 53.8% -9.5%
Unrestricted surplus (deficit) after depreciation -$132,505 -$39,097 -$45,637 $208,541 -$52,036
As % of expenses -54.1% -10.4% -11.5% 47.9% -14.2%
Revenue composition info
Total revenue (unrestricted & restricted) $112,354 $336,025 $349,965 $643,481 $313,177
Total revenue, % change over prior year -60.6% 199.1% 4.1% 83.9% -51.3%
Program services revenue 1.1% 10.9% 12.1% 9.9% 9.5%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 1.1% 2.5%
Government grants 0.0% 45.1% 46.2% 54.6% 21.7%
All other grants and contributions 98.9% 44.0% 41.8% 34.5% 66.2%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $236,281 $366,888 $385,826 $418,309 $345,881
Total expenses, % change over prior year 1034.8% 55.3% 5.2% 8.4% -17.3%
Personnel 75.7% 79.9% 80.1% 77.6% 73.3%
Professional fees 0.3% 0.3% 0.3% 0.2% 1.2%
Occupancy 0.2% 0.2% 0.0% 0.0% 0.0%
Interest 3.2% 3.4% 2.6% 2.3% 2.8%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 20.6% 16.2% 17.0% 19.8% 22.7%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $244,859 $375,122 $395,602 $434,940 $365,213
One month of savings $19,690 $30,574 $32,152 $34,859 $28,823
Debt principal payment $2,500 $0 $0 $53,800 $3,261
Fixed asset additions $0 $0 $11,800 $32,836 $0
Total full costs (estimated) $267,049 $405,696 $439,554 $556,435 $397,297

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 5.7 2.7 2.5 0.8 6.2
Months of cash and investments 5.7 2.7 2.5 0.8 6.2
Months of estimated liquid unrestricted net assets 5.8 2.7 1.0 6.3 6.3
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $111,678 $83,029 $79,417 $28,640 $178,574
Investments $0 $0 $0 $0 $0
Receivables $0 $0 $1,445 $191,235 $1,345
Gross land, buildings, equipment (LBE) $259,768 $262,968 $274,768 $307,604 $311,854
Accumulated depreciation (as a % of LBE) 5.4% 8.5% 11.7% 15.9% 21.8%
Liabilities (as a % of assets) 54.9% 62.0% 76.1% 40.3% 44.8%
Unrestricted net assets $161,924 $122,827 $77,190 $285,731 $233,695
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $161,924 $122,827 $77,190 $285,731 $233,695

Key data checks

Key data checks info 2018 2019 2020 2021 2022
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
Related
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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
info 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
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability