RISING TIDE CAPITAL INC

JERSEY CITY, NJ, 07310-1755 (201) 432-4316 Est. 2004 EIN 11-3720098
S41 - Chambers of Commerce & Business Leagues 990 - Public charity return 501(c)(3)
www.risingtidecapital.org

Mission

RISING TIDE CAPITAL INC. IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO TRANSFORM LIVES AND COMMUNITIES THROUGH ENTREPRENEURSHIP. RISING TIDE AIMS TO EXPAND ITS PROVEN MODEL AND PROGRAMS TO SERVE MORE ECONOMICALLY CHALLENGED INDIVIDUALS AND FAMILIES FOR WHOM ENTREPRENEURSHIP REPRESENTS AN IMPORTANT OPPORTUNITY FOR RESILIENCE, GROWTH, STABILITY, AND INCOME GENERATION. WE ARE DRIVEN BY A VISION OF STRONG COMMUNITIES OF RESILIENT ENTREPRENEURS CATALYZING A THRIVING AND SUSTAINABLE ECONOMY FOR ALL.

Financials

Total Revenue
$5,538,016
Total Expenses
$7,615,065
Net Assets
$5,336,142
40 employees 89 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
8.4 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 9.7%
Expenses ↑ 10.0%
Revenue Sources
Contributions 79.9% Earned revenue 12.0% Investment 8.0%
Expense Breakdown
Program 83.1% Management 7.0% Fundraising 9.9%

Officers & Key Employees (17)

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Grants Received (135)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$5,538,016 ↑$7,615,065$5,336,142
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$5,047,525 ↓$6,920,978$9,210,385
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$8,164,515 $6,423,165$10,737,966
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$8,164,515 ↑$6,423,165$10,737,966
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$7,734,873 ↑$4,734,062$6,479,224
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$4,273,880 ↑$6,043,431$3,478,413
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$3,698,042 $4,843,893$5,247,964

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EIN: 11-3720098 · Source: IRS Form 990 e-file data