Nonprofit · EIN 81-1242098
REGIONAL INNOVATION AND STARTUP EDUCATION INC
Also known as RISE INC
Tax-exempt · MISHAWAKA, IN 46545
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $872,139 | $1,016,816 | -$144,677 | $135,669 | $7,068 | $128,601 |
| June 30, 2024 | 990 | $1,056,878 | $963,594 | $93,284 | $390,478 | $21,184 | $369,294 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $681,665
- of which government grants
- $181,994
- Program service revenue
- $199,100
- Investment income
- $1,086
- Net income from fundraising events
- -$19,162
- Other revenue
- -$9,712
Expenses
- Grants and similar amounts paid
- $500
- Compensation of officers, directors and key employees
- $173,758
- Other salaries and wages
- $454,095
- Salaries, compensation and benefits (total)
- $732,001
- Professional fundraising fees
- $0
- Legal fees
- $12,084
- Accounting fees
- $10,491
- Occupancy
- $23,910
- Travel
- $12,439
- Program services (functional)
- $334,286
- Management and general (functional)
- $349,502
- Fundraising (functional)
- $333,028
Balance sheet and other
- Total assets, start of year
- $390,478
- Total assets, end of year
- $135,669
- Total liabilities, end of year
- $7,068
- Net assets, end of year
- $128,601
- Net assets without donor restrictions
- $128,601
- Gross receipts
- $891,301
- Employees
- 19
- Volunteers
- 0
- Year formed
- 2015
- State of legal domicile
- IN
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| IRIS HAMMEL | EXECUTIVE DIRECTOR Officer | 40 | $170,207 | $19,135 |
| EDGAR CABELLO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| LEX DENNIS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MAGGIE KING | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ISAAC TORRES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAN FANGMAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BETHANY HARTLEY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CHARLES LOESER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| LAWRENCE GARATONI | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| IRIS HAMMEL | EXECUTIVE DIRECTOR Officer | 40 | $170,207 | $18,440 |
| EDGAR CABELLO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| LEX DENNIS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MAGGIE KING | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ISAAC TORRES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAN FANGMAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CHARLES LOESER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| LAWRENCE GARATONI | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4215 EDISON LAKES PKWY STE 325, MISHAWAKA, IN 46545-1482
- In care of
- % CHARLES M LOESER
- Principal officer (990 for 2024)
- LAWRENCE GARATONI, 4215 EDISON LAKES PKWY SUITE 325, MISHAWAKA, IN 46545
- Signed the 990
- LAWRENCE GARATONI, PRESIDENT
- Phone
- (574) 271-5145
- Website
- RAISINGTHEREGION.ORG
- Return prepared by
- KRUGGEL LAWTON & COMPANY LLC
Mission
THE RISE PROGRAM IS DESIGNED TO MENTOR AND EDUCATE HIGH SCHOOL STUDENTS IN HOW TO BECOME ENTREPRENEURS AND BEGIN THEIR OWN BUSINESSES IN ORDER TO STIMULATE THE LOCAL BUSINESS SECTOR.
Program accomplishments
- RISE IS COMMITTED TO FURTHER DEVELOPMENT AND ENHANCEMENT TO THE REGIONAL AND STATEWIDE ENTREPRENEURIAL ECOSYSTEM. RISE HAS DESIGNED ACCREDITED PROGRAMS COMMITTED TO ENTREPRENEURIAL EDUCATION AND PROVIDE THE ESSENTIAL FRAMEWORK AND SKILLS FOR STUDENTS AND ADULTS OF ALL AGES TO FURTHER EXPLORE AND DEVELOP THEIR ENTREPRENEURIAL ASPIRATIONS AND PURSUITS.Expenses $21,995 · revenue $13,100
- STARTUP MOXIE, A FLAGSHIP RISE PROGRAM FOR HIGH SCHOOL STUDENTS IN THE SOUTH BEND-ELKHART REGION, EMPOWERS STUDENTS TO DEVELOP ENTREPRENEURIAL SKILLS, DISCOVER PERSONAL PASSIONS, AND BUILD MEANINGFUL COMMUNITY CONNECTIONS. THE YEAR-LONG, DUAL COLLEGE CREDIT PROGRAM OFFERS STUDENTS A HANDS-ON IMMERSIVE EXPERIENCE TO DEVELOP AN ENTREPRENEURIAL MINDSET AND SKILLS TO CREATE AND LAUNCH THEIR OWN BUSINESS STARTUPS.Expenses $312,291 · grants $500 · revenue $186,000
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-1242098
- 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
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B30)
- Assets (IRS master file)
- $135,669
- Income (IRS master file)
- $891,301
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $872,139 | $1,016,816 | $135,669 | XML |
| 990 | June 2024 | $1,056,878 | $963,594 | $390,478 | IRS |
| 990 | June 2023 | $900,053 | $693,853 | $400,673 | IRS |
| 990 | June 2022 | $273,772 | $363,592 | $370,799 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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 81-1242098).
Questions about REGIONAL INNOVATION AND STARTUP EDUCATION INC
- What is the EIN of REGIONAL INNOVATION AND STARTUP EDUCATION INC?
- The employer identification number (EIN) of REGIONAL INNOVATION AND STARTUP EDUCATION INC is 81-1242098.
- Is REGIONAL INNOVATION AND STARTUP EDUCATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to REGIONAL INNOVATION AND STARTUP EDUCATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does REGIONAL INNOVATION AND STARTUP EDUCATION 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 REGIONAL INNOVATION AND STARTUP EDUCATION 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 REGIONAL INNOVATION AND STARTUP EDUCATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of REGIONAL INNOVATION AND STARTUP EDUCATION INC?
- The 990 for the year ended June 30, 2025 names LAWRENCE GARATONI.
- Who are the officers and directors of REGIONAL INNOVATION AND STARTUP EDUCATION INC?
- The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $170,207 (IRIS HAMMEL, EXECUTIVE DIRECTOR).
- How much revenue does REGIONAL INNOVATION AND STARTUP EDUCATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $872,139, expenses of $1,016,816 and total assets of $135,669 at year end.
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