Rise 2 Greatness Foundation

Tax-deductible

Marion, IA501(c)(3)Recreation & SportsEIN 73-1687284Revenue $453K in FY2024

On file with the IRSrise2greatness.org1195 E Post Rd Unit 1, 52302-7235 · Marion, IATax-exempt since Feb 2004Publicly supported — 509(a)(2)

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Promote the game of baseball now and in the future by hosting the highest quality amateur events

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$120K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $62K a year · 10% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$120K
to officers and key staff · 24% of spending
Top officer’s pay higher than 96% of similar orgs
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $60K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$250K
324% of total assets
Concern: liabilities are 324% of assets; over 80%.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$453K
+21% vs prior year
Spent
$502K
To programs
82%
Net assets
−$173K
By yearFY2020–FY2024
Revenue
$453K
FY2024▲ +21%
Tap a bar for its year
Revenue by fiscal year
FY2020$455K
FY2021$1.1M
FY2022$712K
FY2023$375K
FY2024$453K
Expenses
$502K
FY2024▼ -45%
Tap a bar for its year
Expenses by fiscal year
FY2020$340K
FY2021$706K
FY2022$919K
FY2023$914K
FY2024$502K
Net assets
−$173K
FY2024▼ -40%
Tap a bar for its year
Net assets by fiscal year
FY2020$43K
FY2021$411K
FY2022$415K
FY2023−$124K
FY2024−$173K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $412K Management & general 14% · $70K Fundraising 4% · $20K

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

16 people listed on the 990; $120K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$120,000Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Jennifer Ford’s $120K as President is at the 96th percentile of top reported officer pay among 1017 $100K–1M recreation & sports 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 · 1 named individual · Part VII

NameFY2024FY2023
Jennifer Ford$120,000$120,000

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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Hosts high-quality amateur baseball events to promote the game now and in the future.

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Provided by the organization

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1 program · $412K · in their own filed words · FY2024
01

E organization hosts baseball tournaments for friendly competition to help promote the game of baseball. It also provides scholarships from funds reeived by public support

$412Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$60K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$453K
Ln 12
Gifts and grantsLn 1h$453K
Money outPt IX
$502K
Ln 25
Programscol B$412K
Managementcol C$70K
Fundraisingcol D$20K
Owns and owesPt X
−$173K
net assets · Ln 32
Cash and savingsLn 1–2$77K
Total assetsLn 16$77K
LiabilitiesLn 26$250K
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$453K
Total revenueLn 12$453K
Assets in detailPt X, end of year
CashLn 1$77K
Cash and savings togetherLn 1–2$77K
Total assetsLn 16$77K
LiabilitiesLn 26$250K
Net assetsLn 32−$173K
OperationsPt I, VI
EmployeesI 53
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$126K$77K
Total assetsLn 16$126K$77K
LiabilitiesLn 26$250K$250K
Net assetsLn 32−$124K−$173K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$120K$90K$24K$6K
Other salaries and wagesLn 7$7K$5K$1K$337
Payroll taxesLn 10$10K$8K$2K$507
Other fees for servicesLn 11g$5K$792$4K
Advertising and promotionLn 12$25K$18K$6K$890
Office expensesLn 13$6K$4K$1K$312
OccupancyLn 16$14K$10K$3K$684
TravelLn 17$63K$53K$9K
InterestLn 20$5K$5K
InsuranceLn 23$9K$7K$879$879
Other expenses (24a–d)Ln 24$235K$214K$21K$419
All other expensesLn 24e$5K$3K$786$922
Total functional expensesLn 25$502K$412K$70K$20K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $453K$502K−$49K−$173K 990 PDF
FY2023 $375K$914K−$539K−$124K 990 PDF
FY2022 $712K$919K−$207K$415K 990 PDF
FY2021 $1.1M$706K$369K$411K 990 PDF
FY2020 $455K$340K$116K$43K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $453,340 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $366,287$453,340
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $8,883$0
I-12 Total revenuePrior year $375,170$453,340
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $185,199$136,875
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $728,888$365,619
I-18 Total expensesPrior year $914,087$502,494
I-19 Revenue less expensesPrior year −$538,917−$49,154
Part VI · Governance 16 of 16 board members independent, 2 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $453,340 across 3 lines filed
VIII-1f All other contributions, gifts and grants$453,340
VIII-1h Total contributions, gifts and grants$453,340
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$453,340
Part IX · Statement of functional expenses $502,494 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $90,000 · Management $24,000 · Fundraising $6,000$120,000
IX-7 Other salaries and wagesPrograms $5,048 · Management $1,346 · Fundraising $337$6,731
IX-10 Payroll taxesPrograms $7,608 · Management $2,029 · Fundraising $507$10,144
IX-11g Other fees for servicesManagement $792 · Fundraising $4,121$4,913
IX-12 Advertising and promotionPrograms $18,139 · Management $6,046 · Fundraising $890$25,075
IX-13 Office expensesPrograms $4,253 · Management $1,134 · Fundraising $312$5,699
IX-16 OccupancyPrograms $10,250 · Management $2,733 · Fundraising $684$13,667
IX-17 TravelPrograms $53,416 · Management $9,426$62,842
IX-20 InterestFundraising $5,172$5,172
IX-23 InsurancePrograms $7,034 · Management $879 · Fundraising $879$8,792
IX-24 Other expenses (24a–d)Programs $213,594 · Management $20,796 · Fundraising $419$234,809
IX-24e All other expensesPrograms $2,942 · Management $786 · Fundraising $922$4,650
IX-25 Total functional expensesPrograms $412,284 · Management $69,967 · Fundraising $20,243$502,494
Part X · Balance sheet $77,105 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $126,259$77,105
X-16 Total assetsStart of year $126,259$77,105
X-26 Total liabilitiesStart of year $250,000$250,000
X-27 Net assets without donor restrictionsStart of year −$123,741−$172,895
X-32 Total net assets or fund balancesStart of year −$123,741−$172,895
X-33 Total liabilities and net assetsStart of year $126,259$77,105
Part XI · Reconciliation of net assets −$172,895 net assets at year end
XI-1 Total revenue$453,340
XI-2 Total expenses$502,494
XI-3 Revenue less expenses−$49,154
XI-4 Net assets at start of year−$123,741
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$172,895

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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