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Nonprofit · EIN 58-2395581

RAISING EXPECTATIONS INC

Tax-exempt · ATLANTA, GA 30314

Financials

$1.2M$1M2022$2.6M$1.1M2023$2.2M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of RAISING EXPECTATIONS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,162,213$1,140,619$1,021,594$3,899,921$668,195$3,231,726
June 30, 2024990$2,647,786$1,069,836$1,577,950$2,812,206$645,502$2,166,704
June 30, 2023990$1,156,197$1,035,156$121,041$1,240,626$587,770$652,856
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,018,471
of which government grants
$109,929
Program service revenue
$143,647
Investment income
$95
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$788,433
Salaries, compensation and benefits (total)
$788,433
Professional fundraising fees
$0
Occupancy
$36,841
Travel
$17,459
Program services (functional)
$946,985
Management and general (functional)
$68,232
Fundraising (functional)
$125,402

Balance sheet and other

Total assets, start of year
$2,812,206
Total assets, end of year
$3,899,921
Total liabilities, end of year
$668,195
Net assets, end of year
$3,231,726
Land, buildings and equipment
$750,904
Net assets without donor restrictions
$809,994
Net assets with donor restrictions
$2,421,732
Gross receipts
$2,162,213
Employees
18
Volunteers
80
Year formed
1998
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
TANGEE ALLENCO-EXECUTIVE DIRECTOR
Trustee or director
50$87,414
MARIA ARMSTRONGCO-EXECUTIVE DIRECTOR
Trustee or director
50$87,400
TAMMARA WARRENBOARD CHAIR
Trustee or director
3$0
JUSTIN WARDBOARD MEMBER
Trustee or director
3$0
HEELA POPALBOARD MEMBER
Trustee or director
3$0
LYRIC MCGHEEBOARD MEMBER
Trustee or director
3$0
LENNOX DEFREITASBOARD MEMBER
Trustee or director
3$0
MALCOLM BENSONBOARD MEMBER
Trustee or director
3$0
NATANE EADDYBOARD MEMBER
Trustee or director
3$0
LESLIE DUNNELLBOARD MEMBER
Trustee or director
3$0
CARL ABBOTTBOARD MEMBER
Trustee or director
3$0
NAIMA JUDGEINTERNAL AFFAIRS CHAIR
Trustee or director, Officer
3$0
990 for the year ended June 30, 2024: 12 people
NameTitleHours / weekCompensation
MARIA ARMSTRONGCO-EXECUTIVE DIRECTOR
Trustee or director
50$65,641
TANGEE ALLENCO-EXECUTIVE DIRECTOR
Trustee or director
50$64,479
NATANE EADDYBOARD MEMBER
Trustee or director
3$0
MALCOLM BENSONBOARD MEMBER
Trustee or director
3$0
CARL ABBOTTBOARD MEMBER
Trustee or director
3$0
LESLIE DUNNELLBOARD MEMBER
Trustee or director
3$0
JUSTIN WARDBOARD MEMBER
Trustee or director
3$0
TAMMARA WARRENBOARD CHAIR
Trustee or director
3$0
HEELA POPALBOARD MEMBER
Trustee or director
3$0
LENNOX DEFREITASBOARD MEMBER
Trustee or director
3$0
LYRIC MCGHEEBOARD MEMBER
Trustee or director
3$0
NAIMA JUDGEINTERNAL AFFAIRS CHAIR
Trustee or director, Officer
3$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensation
MARIA ARMSTRONGCO-EXECUTIVE DIRECTOR
Trustee or director, Officer, Key employee, Highest-paid employee
55$65,642
TANGEE ALLENCO-EXECUTIVE DIRECTOR
Trustee or director, Officer, Key employee, Highest-paid employee
55$64,479
HEELA POPALBOARD DIRECTOR
Trustee or director
8$0
MALCOM BENSONBOARD DIRECTOR
Trustee or director
8$0
TAMMARA WARRENBOARD DIRECTOR
Trustee or director
8$0
LENNOX DEFREITASBOARD CHAIR
Trustee or director
8$0
LYRIC McGHEEBOARD DIRECTOR
Trustee or director
8$0
JUSTIN WARDGOVERNANCE CHAIR
Trustee or director
8$0
NAIMA JUDGEINTERNAL AFFAIRS CHAIR
Trustee or director, Officer
8$0

Address and contacts

Address (IRS master file)
50 SUNSET AVE NW, ATLANTA, GA 30314-4123
In care of
% TANGEE ALLEN
Signed the 990
TANGEE ALLEN, CO-EXECUTIVE DIRECTOR
Phone
(678) 768-4932
Return prepared by
BAMBO SONAIKE CPA LLC

Mission

RAISING EXPECTATIONS EMPOWERS YOUTH IN CRISIS BY ELEVATING ACADEMIC, SOCIAL AND CIVIC EXPECTATIONS TO FACILITATE HIGH SCHOOL GRADUATION AND POST SECONDARY PLANS THAT CAN BE ACTUALIZED.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDED DROP IN SUPPORTIVE SCHOOL YEAR AND SUMMER ACADEMIC, MENTORING AND ENRICHMENT SERVICES TO 120 MIDDLE AND HIGH SCHOOL YOUTH ATTENDING THREE LOCATIONS THAT RAISING EXPECTATIONS SUPPORTS VIA THE AT PROMISE CENTERS.
    Expenses $276,787
  • PROJECT STEMWARE: 100% OF SENIORS GRADUATED HIGH SCHOOL ON TIME AND 86% PROGRESSED WITH CLEARLY DEFINED POST-SECONDARY PLANS REFLECTING THE STRENGTH OF RAISING EXPECTATIONS ACADEMIC SUPPORT, MENTORING, ACCOUNTABILITY, AND COLLEGE AND CAREER READINESS PROGRAMMING.
    Expenses $250,205
  • SUCCESSFULLY COMPLETED THE SECOND COHORT OF THE REAL ESTATE ENRICHMENT PROGRAM (REEP) IN PARTNERSHIP WITH STOCKBRIDGE BY PROVIDING YOUTH WITH HANDS-ON EXPOSURE TO REAL ESTATE, FINANCIAL LITERACY AND CAREER PATHWAYS IN A HIGH-GROWTH INDUSTRY. SUPPORTED 25 PARENTS/GUARDIANS (125 FAMILY MEMBERS) WITH HOUSING, FOOD ACCESS AND UTILITY ASSISTANCE TO STRENGTHEN FAMILY STABILITY AND STUDENT SUCCESS.
    Expenses $243,635
  • YOUTHWORK: EMPLOYED 55 HIGH SCHOOL AND COLLEGE STUDENTS IN A 6-WEEK SUMMER CAREER WORKPLACE PROGRAM EARNING OVER $93,000 IN WAGES THROUGH EXTERNAL PARTNERSHIPS.
    Expenses $176,358

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
58-2395581
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2001
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$3,899,921
Income (IRS master file)
$2,162,213

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,162,213$1,140,619$3,899,921XML
990June 2024$2,647,786$1,069,836$2,812,206IRS
990June 2023$1,156,197$1,035,156$1,240,626XML
990June 2022$1,120,275$968,715$1,104,664IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-2395581).

Questions about RAISING EXPECTATIONS INC

What is the EIN of RAISING EXPECTATIONS INC?
The employer identification number (EIN) of RAISING EXPECTATIONS INC is 58-2395581.
Is RAISING EXPECTATIONS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to RAISING EXPECTATIONS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RAISING EXPECTATIONS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RAISING EXPECTATIONS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RAISING EXPECTATIONS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who are the officers and directors of RAISING EXPECTATIONS INC?
The 990 for the year ended June 30, 2025 lists 12 people; 2 received compensation from the organization, the highest $87,414 (TANGEE ALLEN, CO-EXECUTIVE DIRECTOR).
How much revenue does RAISING EXPECTATIONS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,162,213, expenses of $1,140,619 and total assets of $3,899,921 at year end.

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