Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Nov 2008.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
64 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
12 people listed on the 990; $657K paid to officers and key staff.
Darrell Byers’s $202K as CEO is at the 67th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Darrell Byers | $201,679 | $191,292 | $193,414 | $133,404 |
| Deidre Coyle | $181,434 | $171,153 | $165,453 | $101,495 |
| Bernard Johnson | $162,009 | $148,976 | $132,895 | — |
| Joseph Moye | $112,176 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Boosts economic growth in low-income neighborhoods.
Questions for Interise INC
Your first name shows with your question. Interise INC answers here, for everyone.
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Interise builds resilient communities. Our streetwise mba provides established small business owners in lower income communities with the management knowledge, business know-how, and access to the networks needed for further growth. As their businesses grow, they generate net new job growth and develop into community leaders.
In order to scale interises mission nationally, interise has since 2010 licensed the use of its educational programs to a network of partners. Licensing allows interise to scale rapidly, while ensuring continuing quality and impact.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.7M | $965K |
| Total assetsLn 16 | $2.4M | $1.4M |
| LiabilitiesLn 26 | $2.0M | $2.0M |
| Net assetsLn 32 | $380K | −$634K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $242K | $36K | $193K | $12K |
| Other salaries and wagesLn 7 | $1.5M | $1.1M | $152K | $289K |
| Pension plan contributionsLn 8 | $26K | $15K | $9K | $3K |
| Other employee benefitsLn 9 | $155K | $110K | $22K | $22K |
| Payroll taxesLn 10 | $145K | $79K | $41K | $25K |
| Accounting feesLn 11c | $35K | $35K | ||
| Other fees for servicesLn 11g | $475K | $396K | $69K | $10K |
| Office expensesLn 13 | $142K | $82K | $28K | $32K |
| Information technologyLn 14 | $327K | $198K | $69K | $60K |
| OccupancyLn 16 | $32K | $9K | $23K | |
| TravelLn 17 | $81K | $39K | $40K | $2K |
| Conferences, conventions and meetingsLn 19 | $82K | $77K | $3K | $2K |
| InterestLn 20 | $37K | $37K | ||
| InsuranceLn 23 | $5K | $5K | ||
| Other expenses (24a–d)Ln 24 | $57K | $48K | $3K | $5K |
| Total functional expensesLn 25 | $3.3M | $2.1M | $728K | $463K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2023 Latest Viewing | $2.6M | $3.3M | −$732K | −$634K | 990 PDF |
| FY2022 | $2.0M | $2.7M | −$738K | $380K | 990 PDF |
| FY2021 | $4.9M | $3.6M | $1.4M | $1.0M | 990 PDF |
| FY2020 | $3.1M | $3.5M | −$399K | −$345K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $2,608,242 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, no flags
Part VIII · Statement of revenue $2,608,242 across 6 lines filed
Part IX · Statement of functional expenses $3,340,481 across 15 lines filed
Part X · Balance sheet $1,401,799 assets, 13 lines filed
Part XI · Reconciliation of net assets −$633,505 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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