Nebraska · Nonprofit
RISE ACADEMY
RISE ACADEMY (Nebraska) receives grants from 55 organizations whose IRS filings report $17,499,193 to it, the largest being THE SHERWOOD FOUNDATION ($12,930,221). 23 of them have funded it in more than one year.
- Revenue FY2024
- $4.9M
- Funders on record
- 55
- Grants received
- $17M
- Net assets
- $5.6M
What Rise Academy does
Mission
Rise Academy's mission is to break generational cycles of incarceration.
As stated on its FY2024 Form 990.
Programs
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."
$839,564 spent29% of program spendingRise 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.
$1,109,804 spent39% of program spendingRise 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.
$922,842 spent32% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,872,210.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $945k to $3.0M (+222%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 12%. Grants only. Government contracts and fees sit inside program revenue.
98% of RISE ACADEMY’s revenue is contributions — more reliant on donations than three-quarters of its peers (16% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Jeremy Bouman
CEO
As listed on its FY2024 Form 990.
Who funds it, year by year
2019 → 2023: the base broadened from 2 funders to 21 funders, grant income rose $304k → $1.2M.
14 of 55 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of RISE ACADEMY’s funders (the co-funder graph). Top 30 of 55 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
RISE ACADEMY leans on a few funders — its largest provides 74% of grant income and the top three 83%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2019 100% · 2020 52% · 2021 54% · 2022 30% · 2023 26% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of RISE ACADEMY's funders are still giving 3 years after their first grant; 42% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
98% of RISE ACADEMY's grant income comes from Nebraska funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $993k arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
RISE ACADEMY runs a healthier operating margin than three-quarters of the 1,551 employment nonprofits its size.
this organization peer median middle 50% of peers· 1,551 employment nonprofits $1M–$10M, FY2024
Organizations like RISE ACADEMY
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Nebraska
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Public support
75%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for RISE ACADEMY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds RISE ACADEMY?
- RISE ACADEMY (Nebraska) receives grants from 55 organizations whose IRS filings report $17,499,193 to it, the largest being THE SHERWOOD FOUNDATION ($12,930,221). 23 of them have funded it in more than one year.
- How many funders does RISE ACADEMY have?
- IRS filings report 55 organizations giving $17,499,193 in grants to RISE ACADEMY, 23 of which have funded it in more than one year.
- Who is the largest funder of RISE ACADEMY?
- THE SHERWOOD FOUNDATION is the largest funder on record, with $12,930,221 in grants. The full list of funders is on this page.
- How can an organization like RISE ACADEMY find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Nebraska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Rise Academy →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 55 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing