2025-04-17T13:03:48-05:00 2024-08-31 760488832 MCCONNELL & JONES LLP 4828 LOOP CENTRAL DRIVE SUITE 1000 HOUSTON TX 77081 990 2023-09-01 752759258 RISE ACADEMY RISE 8067440438 207 N MLK BLVD LUBBOCK TX 79403 RICHARD BAUMGARTNER PRESIDENT & DIRECTOR 8067440438 2025-04-17 1 0 TENE THOMAS P00849229 7139681600 2025-04-17 2023 2025-03-06 01:10:19Z RICHARD BAUMGARTNER 207 N MLK BLVD LUBBOCK TX 79403 3250317 0 X WWW.RISEACADEMY.ORG X 1998 TX RISE ACADEMY'S GOAL IS TO DEVELOP ACADEMICALLY COMPETITIVE STUDENTS WHO HAVE THE KNOWLEDGE, EXPOSURE AND FOUNDATION TO ENTER INTO RIGOROUS COLLEGE PREP PROGRAMS AT THE HIGH SCHOOL LEVEL AFTER THEY GRADUATE THE 8TH GRADE. 3 2 51 5 0 0 3282524 3232922 0 0 10263 17395 0 0 3292787 3250317 0 0 0 0 2360335 2216787 0 0 0 736815 957985 3097150 3174772 195637 75545 4198844 4209727 239412 174750 3959432 4034977 RISE ACADEMY IS A PUBLIC CHARTER SCHOOL. ITS MISSION IS TO PROVIDE LOW-INCOME STUDENTS WITH A BETTER LIFE PROSPECT THROUGH RIGOROUS EDUCATION. 0 0 1902601 INSTRUCTION AND INSTRUCTION-RELATED SERVICES THIS FUNCTION IS FOR SERVICES THAT PROVIDE DIRECT INTERACTION BETWEEN STAFF MEMBERS AND STUDENTS TO ACHIEVE STUDENT LEARNING OR PROVIDE STAFF MEMBERS WITH THE APPROPRIATE MATERIALS FOR DEVELOPMENT TO ACHIEVE STUDENT LEARNING. 186920 INSTRUCTIONAL AND SCHOOL LEADERSHIP THIS FUNCTION IS RELATED TO MANAGING, DIRECTING, SUPERVISING, AND LEADING STAFF MEMBERS WHO PROVIDE INSTRUCTION OR INSTRUCTION-RELATED SERVICES. IT IS ALSO FOR COSTS RELATED TO THE GENERAL MANAGEMENT AND LEADERSHIP OF A SCHOOL CAMPUS. 2089521 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 51 1 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 X CAROL VOIT ESC REGION 17 8062815800 207 N MLK BLVD LUBBOCK TX 79403 RICHARD BAUMGARTNER PRESIDENT & DIRECTOR 70.00 X X 100000 0 1266 FRANK GUTIERREZ SECRETARY 0.50 X X 0 0 0 RAQUEL GONZALES BOARD MEMBER 0.50 X 0 0 0 100000 0 1266 0 0 0 0 0 3211356 21566 3232922 17395 17395 3250317 0 0 17395 1848838 1601688 247150 367949 321448 46501 7208 7208 28650 28650 5104 5104 114394 48565 65829 33806 23110 10696 12430 10259 2171 5822 5822 101903 101903 31365 31365 SUPPLIES 252350 83371 168979 MAINTENANCE AND REPAIR 145489 145489 EDUCATION SERVICE CENTE 75460 1080 74380 UTILITIES 71322 71322 72682 72682 3174772 2089521 1085251 0 1677333 1697957 558242 563050 317581 409168 2712977 1207727 1592364 1505250 53324 34302 4198844 4209727 64311 44450 24040 174557 105939 544 321 239412 174750 X 596843 632145 3362589 3402832 3959432 4034977 4198844 4209727 75545 0 X X 0 1 X 1 0 X 2851683 3139447 3376935 3282524 3232922 15883511 2851683 3139447 3376935 3282524 3232922 15883511 15883511 10529 6623 6476 10263 17395 51286 15934797 0.99680 0.99720 X 1 0 65699 65699 2390048 1039124 1350924 224540 148989 75551 32690 19614 13076 1505250 INTEREST PAYABLE 321 321 X 3250317 0 3250317 0 3250317 3174772 0 3174772 0 3174772 PART X, LINE 2: THE RISE ACADEMY IS A NON-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"). ACCORDINGLY, INCOME TAXES ARE NOT PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE ACADEMY QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1) OF THE CODE. THE ACADEMY APPLIES THE PROVISIONS OF FASB ASC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC 740 ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE ACADEMY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. GENERALLY, THE ACADEMY TAX RETURNS REMAIN OPEN FOR FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS FROM THE DATE OF FILING. FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED THROUGH TRANSPARENT BOARD MEETINGS AND DIRECTOR'S REMINDERS. FORM 990, PART VI, SECTION C, LINE 19 THESE POLICIES AND FINANCIAL STATEMENTS ARE MADE IN PAPER COPIES AND DISTRIBUTED UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OF SELECTION PROCESS DURING THE TAX YEAR.