Rise Action Fund FY2022 filing

Not tax-deductible

Sherman Oaks, CA501(c)(4)Since 2017Education EIN 82-1876815Revenue $3.7M in FY2022Latest return filed Aug 28, 2025

On file with the IRSrisefree.orgSherman Oaks, CATax-exempt since Sep 2018

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Ensuring the cost of higher education never prevents students from pursuing their dreams.

501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
93¢ of each $1 spent went to programs.
$343K 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

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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 surplus $262K a year · 9% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$343K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $5.2M
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 5 voting members
Looks good: 3 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.7M
+190% vs prior year
Spent
$3.5M
To programs
93%
Net assets
$197K
By yearFY2020–FY2024
Revenue
$3.7M
FY2022▲ +190%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$1.3M
FY2022$3.7M
FY2023$2.6M
FY2024$6.3M
Expenses
$3.5M
FY2022▲ +167%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.3M
FY2021$1.3M
FY2022$3.5M
FY2023$2.7M
FY2024$5.0M
Net assets
$197K
FY2022▲ ×10
Tap a bar for its year
Net assets by fiscal year
FY2020$58K
FY2021$20K
FY2022$197K
FY2023$107K
FY2024$1.4M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2018.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $3.3M Management & general 10% · $349K Fundraising 1% · $44K

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

11 people listed on the 990; $343K paid to officers and key staff.

Part VII, Section A · reportable compensation
$104,667Pt VII · Sec A
President
$104,667Pt VII · Sec A
$72,752Pt VII · Sec A
$61,099Pt VII · Sec A
Secretary/Treas
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Executive Dir.
$0Pt VII · Sec A

Marypatricia Hector’s $137K as CEO is at the 57th percentile of top reported officer pay among 3395 $1–10M education 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Marypatricia Hector$136,973$104,902———
Elizabeth Conn$120,543$116,536$72,752——
Maxwell Lubin—$41,667$104,667$82,498$75,571
Mary-Pat Hector—$81,934———
Emelia Martinez—$20,000$61,099——

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.

See Rise Action Fund executive salaries →

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 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Helps students afford college so they can achieve their dreams.

Questions for Rise Action Fund

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4 programs · $5.7M · in their own filed words · FY2022
01

Free College Advocacy

Rise action fund recruited and trained students to lead state-wide campaigns advocating for the expansion of existing free college programs. Activities included sharing student stories, collecting petition signatures, and meeting with lawmakers in various state capitols.

$1.6Mprogram expense
02

Free College Advocacy

Rise, Inc. recruited and trained students to lead state-wide campaigns advocating for the expansion of existing free college programs. Activities included sharing student stories, collecting petition signatures, and meeting with lawmakers in various state capitols.

$1.5Mprogram expense
03

Student Civic Participation

In 2022, rise action fund continued growing its student civic engagement program by mobilizing students across the country to the polls to build political power. Rise also expanded its black the vote program - a training program and pathway for black college students to embrace their power and lead transformational change on their…

$1.3Mprogram expense
04

Student Civic Participation

In 2022, Rise, Inc. continued growing its student civic engagement program by mobilizing students across the country to the polls to build political power. Rise also expanded its Black the Vote program - a training program and pathway for Black college students to embrace their power and lead transformational change on their campuses and…

$1.2Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Nevada AllianceFY2024$50K
Climate PowerFY2024$30K
Civic NationFY2024$15K
Total grants receivedfrom 7 funders$5.2M
See all 7 funders →
Grants paid · 4 grants · $32K · 2024–2024
Progressive Victory ActionVA · FY2024$14,136
Equity for All INCGA · FY2024$6,420
Arizona Students AssociationFY2024$5,028

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$3.7M
Ln 12
Gifts and grantsLn 1h$3.7M
Money outPt IX
$3.5M
Ln 25
Programscol B$3.3M
Managementcol C$349K
Fundraisingcol D$44K
Owns and owesPt X
$197K
net assets · Ln 32
Cash and savingsLn 1–2$199K
Total assetsLn 16$200K
LiabilitiesLn 26$2K
PeoplePt VI, VII
11
listed · VII A
PaidVII A4
Voting boardVI 1a5
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.7M
Total revenueLn 12$3.7M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$199K
Total assetsLn 16$200K
LiabilitiesLn 26$2K
Net assetsLn 32$197K
OperationsPt I, VI
EmployeesI 51
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Aug 28, 2025 $6.3M$5.0M$1.3M$1.4M 990 PDF
FY2023Filed with the IRS Aug 28, 2025 $2.6M$2.7M−$90K$107K 990 PDF
FY2022 ViewingFiled with the IRS Aug 28, 2025 $3.7M$3.5M$184K$197K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $1.3M$1.3M−$38K$20K 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $1.2M$1.3M−$82K$58K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support O · Explanations
See the full FY2022 990 (1 part)
Part VI · Governance 3 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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