Public Charity

MEMPHIS RISE ACADEMY INC

Based in MEMPHIS, TN, MEMPHIS RISE ACADEMY INC operates as a Public Charity. The organization reported $11.2M in revenue, $11.4M in expenses, $16.0M in total assets for fiscal year 2025. Imperigo tracks 13 reported grant relationships connected to this organization totaling approximately $3.3M.

EIN: 461614425 MEMPHIS, TN Education N.E.C. NTEE: B99 Latest filing: 2025
Total Revenue$11.2M
Total Expenses$11.4M
Total Assets$16.0M
Grant Records13
Funding Total$3.3M
Filing Years2021–2025

Mission

TO PROVIDE STUDENTS IN GRADES 6-12 WITH AN EXCELLENT EDUCATION, PREPARING THEM TO PURSUE AMBITIOUS GOALS AND SUCCEED IN COLLEGE.

Where $100 goes at Memphis Rise Academy Inc

How Memphis Rise Academy Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$68 Programs the work itself
$31 Management running the organization
$1 Fundraising raising the next dollar

Inside the $68 for programs

$68
Memphis Rise Academy is approved as a public charter school offering an alternative means within the public school system for accomplishing necessary outcomes of education
All program spending · Reported in the filing: 749 students
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Charles Foster
EXECUTIVE DIRECTOR Gus Connelly
BOARD CHAIR Josh Gettys
DIRECTOR Naomi Nunez
DIRECTOR Oscar Romero
DIRECTOR Syderek Watson

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,261,357 10 grants
Education
$40,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $11.2M $11.4M $16.0M
2024 $12.1M $12.6M $16.5M
2023 $11.2M $11.7M $16.8M
2022 $10.5M $9.6M $18.8M
2021 $9.4M $8.3M $16.6M

Between 2021 and 2025, reported annual revenue grew from $9.4M to $11.2M (+19%), with total assets most recently reported at $16.0M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for MEMPHIS RISE ACADEMY INC

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