Nonprofit · EIN 75-2759258
RISE ACADEMY
Tax-exempt · LUBBOCK, TX 79403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $3,404,109 | $3,309,016 | $95,093 | $4,238,056 | $107,986 | $4,130,070 |
| August 31, 2024 | 990 | $3,250,317 | $3,174,772 | $75,545 | $4,209,727 | $174,750 | $4,034,977 |
| August 31, 2023 | 990 | $3,292,787 | $3,097,150 | $195,637 | $4,198,844 | $239,412 | $3,959,432 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $3,356,862
- of which government grants
- $3,344,006
- Program service revenue
- $0
- Investment income
- $47,247
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,996,568
- Salaries, compensation and benefits (total)
- $2,377,216
- Professional fundraising fees
- $0
- Legal fees
- $9,623
- Accounting fees
- $34,726
- Occupancy
- $33,323
- Travel
- $9,937
- Depreciation
- $106,409
- Program services (functional)
- $2,171,388
- Management and general (functional)
- $1,137,628
Balance sheet and other
- Total assets, start of year
- $4,209,727
- Total assets, end of year
- $4,238,056
- Total liabilities, end of year
- $107,986
- Net assets, end of year
- $4,130,070
- Land, buildings and equipment
- $1,413,615
- Net assets without donor restrictions
- $690,181
- Net assets with donor restrictions
- $3,439,889
- Gross receipts
- $3,404,109
- Employees
- 63
- Volunteers
- 12
- Year formed
- 1998
- State of legal domicile
- TX
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD BAUMGARTNER | BOARD PRESIDENT / EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $98,371 | $2,534 |
| SARENDA GODFREY | BUSINESS MANAGER Trustee or director, Officer | 40 | $77,645 | $0 |
| FRANK GUTIERREZ | BOARD SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| RAQUEL GONZALES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PHYLLIS GANT | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KIMBERLY BUSH | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended August 31, 2024: 3 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD BAUMGARTNER | PRESIDENT & DIRECTOR Trustee or director, Officer | 70 | $100,000 | $1,266 |
| FRANK GUTIERREZ | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| RAQUEL GONZALES | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
990 for the year ended August 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD BAUMGARTNER | PRESIDENT & DIRECTOR Trustee or director, Officer | 70 | $100,000 | $1,266 |
| FRANK GUTIERREZ | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| RAQUEL GONZALES | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 207 N MARTIN LUTHER KING BLVD, LUBBOCK, TX 79403-3412
- In care of
- % RICHARD P BAUMGARTNER
- Principal officer (990 for 2024)
- RICHARD BAUMGARTNER, 207 N MLK BLVD, LUBBOCK, TX 79403
- Signed the 990
- RICHARD BAUMGARTNER, PRESIDENT & DIRECTOR
- Phone
- (806) 744-0438
- Website
- WWW.RISEACADEMY.ORG
- Return prepared by
- MCCONNELL & JONES LLP
Mission
RISE ACADEMY IS A PUBLIC CHARTER SCHOOL. ITS MISSION IS TO PROVIDE LOW-INCOME STUDENTS WITH A BETTER LIFE PROSPECT THROUGH RIGOROUS EDUCATION.
Program accomplishments
- 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.Expenses $1,959,950
- 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.Expenses $211,438
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 75-2759258
- 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
- 1998
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $4,238,056
- Income (IRS master file)
- $3,404,109
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $3,404,109 | $3,309,016 | $4,238,056 | XML |
| 990 | August 2024 | $3,250,317 | $3,174,772 | $4,209,727 | XML |
| 990 | August 2023 | $3,292,787 | $3,097,150 | $4,198,844 | XML |
| 990 | August 2022 | $3,383,411 | $3,037,778 | $4,027,688 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 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 75-2759258).
Questions about RISE ACADEMY
- What is the EIN of RISE ACADEMY?
- The employer identification number (EIN) of RISE ACADEMY is 75-2759258.
- Is RISE ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to RISE ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RISE ACADEMY 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 RISE ACADEMY due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RISE ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of RISE ACADEMY?
- The 990 for the year ended August 31, 2025 names RICHARD BAUMGARTNER.
- Who are the officers and directors of RISE ACADEMY?
- The 990 for the year ended August 31, 2025 lists 6 people; 2 received compensation from the organization, the highest $98,371 (RICHARD BAUMGARTNER, BOARD PRESIDENT / EXECUTIVE DIRECTOR).
- How much revenue does RISE ACADEMY have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $3,404,109, expenses of $3,309,016 and total assets of $4,238,056 at year end.
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