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Nonprofit · EIN 83-0583165

RISE ACADEMY

Tax-exempt · OMAHA, NE 68131

Financials

$3.7M$2.9M2023$4.9M$3.4M2024
Revenue Expenses · by fiscal year end
Financials of RISE ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,933,703$3,432,711$1,500,992$5,800,929$240,275$5,560,654
December 31, 2023990$3,715,669$2,911,573$804,096$4,309,625$260,719$4,048,906
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,817,903
Program service revenue
$0
Investment income
$115,800
Net gain from sales of assets
$9,114
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$216,943
Other salaries and wages
$1,673,412
Salaries, compensation and benefits (total)
$2,479,690
Professional fundraising fees
$0
Legal fees
$2,047
Accounting fees
$56,194
Occupancy
$174,215
Travel
$83,823
Depreciation
$12,743
Program services (functional)
$2,872,210
Management and general (functional)
$255,588
Fundraising (functional)
$304,913

Balance sheet and other

Total assets, start of year
$4,309,625
Total assets, end of year
$5,800,929
Total liabilities, end of year
$240,275
Net assets, end of year
$5,560,654
Land, buildings and equipment
$71,665
Net assets without donor restrictions
$2,969,065
Net assets with donor restrictions
$2,591,589
Gross unrelated business income
$14,244
Gross receipts
$4,933,703
Employees
35
Volunteers
159
Year formed
2018
State of legal domicile
NE

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JEREMY BOUMANCEO
Officer
40$181,369$35,574
DAN WALKERBOARD CHAIR
Trustee or director, Officer
10$0$0
THOMAS SUDYKABOARD FINANCE CHAIR
Trustee or director, Officer
10$0$0
NAOMI HATTAWAYMEMBER
Trustee or director
10$0$0
DR MARK FOXALLMEMBER
Trustee or director
10$0$0
AVA THOMASMEMBER
Trustee or director
10$0$0
BILL HOBBSMEMBER
Trustee or director
10$0$0
JAMIE BERGLUNDMEMBER
Trustee or director
10$0$0
LUESTER WEAVERMEMBER
Trustee or director
10$0$0
RACHEL FOXMEMBER
Trustee or director
10$0$0
BEN NAVARROMEMBER
Trustee or director
10$0$0
LEAH SMEJKALMEMBER
Trustee or director
10$0$0
JAN CHVALAMEMBER
Trustee or director
10$0$0
STEVE LATHROPMEMBER
Trustee or director
10$0$0
NATASHA NUYTTENMEMBER
Trustee or director
10$0$0
3 more people on this return
NameTitleHours / weekCompensation
TONYA EGGSPUEHLERMEMBER
Trustee or director
10$0
DARRON ROLLEMEMBER
Trustee or director
10$0
MELISSA TAYLORMEMBER
Trustee or director
10$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
JEREMY BOUMANCEO
Officer
40$186,751$28,782
DAN WALKERBOARD CHAIR
Trustee or director, Officer
10$0$0
LEAH SMEJKALBOARD FINANCE CHAIR
Trustee or director, Officer
10$0$0
NAOMI HATTAWAYMEMBER
Trustee or director
10$0$0
DR MARK FOXALLMEMBER
Trustee or director
10$0$0
AVA THOMASMEMBER
Trustee or director
10$0$0
BILL HOBBSMEMBER
Trustee or director
10$0$0
JAMIE BERGLUNDMEMBER
Trustee or director
10$0$0
LUESTER WEAVERMEMBER
Trustee or director
10$0$0
RACHEL FOXMEMBER
Trustee or director
10$0$0
BEN NAVARROMEMBER
Trustee or director
10$0$0
THOMAS SUDYKAMEMBER
Trustee or director
10$0$0
JAN CHVALAMEMBER
Trustee or director
10$0$0
STEVE LATHROPMEMBER
Trustee or director
10$0$0
TODD JOHNSONMEMBER
Trustee or director
10$0$0
JEFF SLOBOTSKIMEMBER
Trustee or director
10$0$0

Address and contacts

Address (IRS master file)
3555 FARNAM ST STE 501, OMAHA, NE 68131-3305
In care of
% JEREMY BOUMAN
Principal officer (990 for 2024)
JEREMY BOUMAN, 3555 FARNAM ST STE 501, OMAHA, NE 68131
Signed the 990
JEREMY BOUMAN, CEO
Phone
(402) 999-8063
Return prepared by
BLAND & ASSOCIATES

Mission

RISE ACADEMY'S MISSION IS TO BREAK GENERATIONAL CYCLES OF INCARCERATION.

990 for the year ended December 31, 2024

Program accomplishments

  • RISE ACADEMY'S IN-PRISON PROGRAM IS A SIX MONTH ENTREPRENEURSHIP, EMPLOYMENT READINESS AND CHARACTER DEVELOPMENT TRAINING PROGRAM THAT PREPARES INCARCERATED MEN, WOMEN, AND YOUTH NOT JUST FOR SUCCESSFUL RE-ETNRY, BUT ALSO FOR "LIFE BEYOND RE-ENTRY."
    Expenses $839,564
  • RISE ACADEMY'S RE-ENTRY PROGRAM OFFERS PROGRAM GRADUATES CASE MANAGEMENT SUPPORT UPON RELEASE. POST-RELEASE SERVICES INCLUDE RE-ENTRY PLANNING, JOB READINESS TRAINING AND SUPPORT FINDING HOUSING.
    Expenses $1,109,804
  • RISE ACADEMY'S POLICY & ADVOCACY CREATE OPPORTUNITIES FOR SYSTEM IMPACTED PEOPLE TO HAVE THEIR CONCERNS AND IDEAS VOICED AND HEARD DURING THE LEGISLATIVE PROCESS, BRING TOGETHER PEOPLE IMPACTED BY THE SYSTEM, ORGANIZATIONS, AND OTHER INDIVIDUALS TO CREATE A COALITION TO WORK IN SOLIDARITY TO ADVOCATE FOR CHANGES IN THE NEBRASKA CRIMINAL JUSTICE LANDSCAPE AND THE ECONOMIC AND SOCIAL EMPOWERMENT OF PEOPLE IMPACTED BY THE SYSTEM. LOBBY SUCCESSFULLY FOR POLICY AND LEGISLATIVE CHANGES AT ALL LEVELS OF GOVERNMENT THAT IMPACT THE DAILY LIVES OF PEOPLE IMPACTED BY THE SYSTEM AND THEIR FAMILIES FOR ECONOMIC AND SOCIAL OUTCOMES THAT INCLUDE EMPLOYMENT, HOUSING, TRANSPORTATION, EDUCATION, LIVING CONDITIONS AND CIVIC PARTICIPATION, AND PROVIDE THE RESOURCES, SKILLS, TRAINING AND BUILT CAPACITY TO MAINTAIN POLICY AND ADVOCACY EFFORTS.
    Expenses $922,842

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-0583165
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
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J11)
Assets (IRS master file)
$5,800,929
Income (IRS master file)
$4,933,703

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,933,703$3,432,711$5,800,929XML
990-TDecember 2024–––IRS
990December 2023$3,715,669$2,911,573$4,309,625XML
990December 2022$2,539,212$2,291,540$3,394,734IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 83-0583165).

Questions about RISE ACADEMY

What is the EIN of RISE ACADEMY?
The employer identification number (EIN) of RISE ACADEMY is 83-0583165.
Is RISE ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
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 December 31, 2025) is due May 15, 2026. 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 December 2024.
Who is the principal officer of RISE ACADEMY?
The 990 for the year ended December 31, 2024 names JEREMY BOUMAN.
Who are the officers and directors of RISE ACADEMY?
The 990 for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $181,369 (JEREMY BOUMAN, CEO).
How much revenue does RISE ACADEMY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,933,703, expenses of $3,432,711 and total assets of $5,800,929 at year end.

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