Mission
THROUGH A STRUCTURED LEARNING ENVIRONMENT, RIGOROUS COLLEGE- PREPARATORY CURRICULUM, AND CHARTER EDUCATION, RISE PREP MAYORAL ACADEMY EDUCATED K-8 GRADE SCHOLARS FOR SUCCESS IN COLLEGE AND A LIFE OF COMMUNITY ENGAGEMENT.
Public Charity
RISE PREP MAYORAL ACADEMY
RISE PREP MAYORAL ACADEMY is a nonprofit organization categorized as Public Charity based in WOONSOCKET, RI. Its most recent IRS filing (2025) reports revenue of $11.7M, expenses of $10.9M, total assets of $16.8M. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $230K.
EIN: 472487094
WOONSOCKET, RI
Charter Schools
NTEE: B29
Latest filing: 2025
Total Revenue$11.7M
Total Expenses$10.9M
Total Assets$16.8M
Grant Records4
Funding Total$230K
Filing Years2021–2025
Where $100 goes at Rise Prep Mayoral Academy
How Rise Prep Mayoral Academy divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$71
Programs
the work itself
$29
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $71 for programs
$71
Rise prep is a tuition-free, public mayoral academy, open to students in Woonsocket, north smithfield, and burrillville
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.
Sample Grants Received
CHARTER SCHOOL GROWTH
$200,000
$15,000
$15,000
Showing up to 5 of 4 total records — full history available with membership.
Officers & Directors
DIRECTOR
Carolyn Dias
BOARD CHAIR/PRESIDENT
Chris Beauchamp
SUPERINTENDENT
Colleen Carmela Colarusso
DIRECTOR
Georgeta Gassey
DIRECTOR
John O'rourke
CHIEF FINANCIAL OFFICER
Kat Waller
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $11.7M | $10.9M | $16.8M |
| 2024 | $11.2M | $8.6M | $16.4M |
| 2023 | $6.9M | $6.8M | $14.4M |
| 2022 | $6.0M | $5.6M | $10.0M |
| 2021 | $7.6M | $4.7M | $9.7M |
Between 2021 and 2025, reported annual revenue grew from $7.6M to $11.7M (+54%), with total assets most recently reported at $16.8M.
Interactive year-over-year charts and full filing details available with membership.