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Resources For Indispensable Schools and Educators

2601 Mission Street
Ste 902
San Francisco, CA 94110



 

Old Report Information in this report was supplied by the nonprofit organization more than 24 months ago.

This organization is required to file an IRS Form 990 or 990-EZ. It is a 501(c)(03) public charity.

Executive: Mr. Temp Keller
Contact: Mr. Temp Keller , Founder & President
Telephone: (415) 821-7473
Fax: (415) 520-6440
E-mail: tkeller@risenetwork.org
Web Site: http://www.risenetwork.org

Who We Are
RISE is a national nonprofit organization that helps K-12 public schools in low-income communities attract and retain experienced, talented teachers to elevate student performance.

Program / Activities
Elementary, Secondary Ed
Education N.E.C.
Educational Services and Schools - Other

How to Help
This organization is seeking funds from contributions and grants. These funds will be used for unrestricted operating expenses and special projects.

Location(s) Served
National
San Francisco Bay Area, Chicago and Los Angeles

BASIC INFORMATION
EIN: 94-3369531
Fiscal Year: 2008
Assets: $604,232
Income: $719,749
Ruling Year: 2001
Year Founded: 2000
No. of Board Members: 5
No. of Full-time Employees: 6-10
No. of Part-time Employees: 0
No. of Volunteers: 0
Resources For Indispensable Schools and Educators makes its audited financial statements available to the public upon request.
Mission and Programs

Mission
Students in low-income communities face undeniable challenges in attaining a high-quality education. The single greatest factor in a student?s academic growth is the effectiveness of individual teachers, however, as many as 70% of teachers in low-income communities leave within five years of entering the profession. Effective educators are the first to leave.

Programs
RISE?s theory of change is clear: Effective teachers are the key to student learning; so schools in low-income communities must attract and retain talented, experienced teachers. Research shows that working conditions, more than pay, drive a teacher?s decision to stay at or leave a school (Ingersoll, Futernick). RISE creates lasting partnerships with Partner Schools that serving low-income communities to improve teacher retention and attract quality teachers.

By administering a Working Conditions Survey at Partner Schools, RISE provides principals and teacher leaders with the data from their teachers needed to strengthen work environments and become both highly achieving and highly sustainable.

RISE makes the same data about those schools available to job-seeking teachers who have demonstrated success and commitment to helping all students achieve at high levels. This innovation creates a transparent marketplace where teachers can make an informed decision about whether a school is the right fit and principals have a powerful incentive to improve.

Additional Comments
?I think RISE is great - it saves us time and helps to connect teachers to schools who need them. The documents for our perusal our good and the differentiated support to help us get a good fit is invaluable. The teacher we hired this year has been GREAT. The working conditions survey is good too especially with the data and graphs with it. I constantly recommend RISE. I also appreciate the staff's responsiveness and connecting us with not only teachers, but other staff as well.? David Silver, Think College Now


Goals and Results

Accomplishments for Fiscal Year Ending 12/31/2007

  1. Adapted the Teaching Conditions Survey developed by Eric Hirsch of the New Teacher Center, while with the Center for Teaching Quality, for use at our Member Schools to both retain and attract outstanding teachers.
  2. Brought on board an Executive Director to drive growth and foster school relationships in each of our metropolitan areas.
  3. Developed 10 year plan to reach 20% of low income public schools in 20 largest metropolitan areas.
Objectives for Fiscal Year Beginning 01/01/2008
  1. Increase the number of member schools to 110.
  2. Launch our program in New York and prepare to open in two other new metro areas.
  3. Update our School and Teacher Matching System to Incorporate the Teaching Conditions Survey and GreatSchools information to create market transparency.

Self Assessment

    We are evaluating program success through several objective measures. First, we are collecting data on teacher hiring and retention in our member schools, and maintaining it longitudinally in order to measure teacher retention gains. Secondly, we are gathering yearly data on an individual school basis to measure teacher perception of working conditions in order to document improvement. Finally, we are gathering longitudinal data on teachers who participate in RISE?s network, in order to determine the effects of their participation on whether they stay teaching in a low income setting, while comparing our data to the data available through the National Center on Education Statistics.

Financial Data

From the organization's FORM 990   Data Accuracy

Revenue and Expenses: Fiscal Year Ending December 31, 2007

  Revenue

 

  Expenses

Contributions

$675,233

Government Grants

$0

Program Services

$55,150

Investments

$9,193

Special Events

$0

Sales

$0

Other

$11

Program Services

$368,705

Administration

$136,841

Other

$103,676

 Total Expenditures

$609,222

 Total Revenue

$739,587

  NET GAIN/LOSS

$130,365

 
Balance Sheet: Fiscal Year Ending December 31, 2007

Notes
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

 Assets

Jan 1, 2007 

Dec 31, 2007 

Change 

Cash & Equivalent

$396,589 $591,054 $194,465

Accounts Receivable

$17,871 $20,200 $2,329

Pledges & Grants Receivable

$106,515 $83,000 $(23,515)

Receivables/Other

$0 $0 $0

Inventories for Sale or Use

$0 $0 $0

Investments/Securities

$0 $0 $0

Investments/Other

$0 $0 $0

Fixed Assets

$2,701 $5,800 $3,099

Other

$6,905 $3,620 $(3,285)

Total Assets

$530,581

$703,674

$173,093

       

 Liabilities

Jan 1, 2007 

Dec 31, 2007 

Change 

Accounts Payable

$31,382 $74,110 $42,728

Grants Payable

$0 $0 $0

Deferred Revenue

$0 $0 $0

Loans and Notes

$0 $0 $0

Tax-Exempt Bond Liabilities

$0 $0 $0

Other

$0 $0 $0

Total Liabilities

$31,382

$74,110

$42,728

 

 FUND BALANCE

$499,199

$629,564

$130,365

Financial Comments

Although RISE currently funds its efforts primarily through donations from foundations, private individuals, and government programs, the organization generates revenue from RISE Schools for membership and placement services. Moving forward, this revenue stream will grow in both size and consistency as the organization increases Partner Schools and expands into other metropolitan regions.



Leaders of the Organization

Chief Executive Profile
Temp taught fifth grade for two years at the East Palo Alto Charter School in East Palo Alto, CA, where he now serves on the school's Advisory Board. Prior to teaching, Temp worked in capital markets for Banco General de Negocios, an Argentine investment bank in Buenos Aires. Temp received his B.A. in Politics from Princeton University and MBA from the University of Chicago.

Board of Directors
Tom McConnon, Vice President, Texas Pacific Group Kristyn Klei, Principal of Berkley Maynard Academy, Aspire Public Schools
John Rosenberg, Vice President, Technology Crossover Ventures Greg Stanger, Venture Partner, Technology Crossover Ventures
Temp Keller, President and Founder, RISE Jessica Chacon, Teacher, East Palo Alto Charter School


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