Public Charity

NEW RISING VENTURES

NEW RISING VENTURES is a Public Charity headquartered in LOS ANGELES, CA. Financial data from the 2025 filing: $735K revenue, $969K expenses, $214K total assets. 3 publicly reported grants to this organization, totaling roughly $123K, appear in IRS filings.

EIN: 991777494 LOS ANGELES, CA Latest filing: 2025
Total Revenue$735K
Total Expenses$969K
Total Assets$214K
Grant Records3
Funding Total$123K
Filing Years2024–2025

Mission

NEW RISING VENTURES SUPPORTS EARLY-STAGE, NONPARTISAN ENTREPRENEURS AND ACTIVISTS TRANSFORMING OUR DEMOCRACY THROUGH INNOVATION AND BRIDGES A CRITICAL GAP NOT FULFILLED BY TRADITIONAL GRANT-MAKERS OR VENTURE CAPITAL. OUR SIGNATURE FOUR ACTIVITIES INCLUDE INVESTMENTS AND GRANTMAKING, PORTFOLIO SUPPORT, FIELD BUILDING, AND CONVENINGS.

Officers & Directors

BOARD Aaron Mitchell
TREASURER & Carlissia Graham
SECRETARY & Daniel Forkkio
BOARD Haywood L Perry Iii
CO-PRESIDENT Jessica Salinas
BOARD Mel Ochoa

Officer compensation and complete director data available with membership.

Top Grant Purposes

EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
$63,166 1 grant
For grant recipient's exempt purposes
$50,000 1 grant
PUBLIC, SOCIETAL BENEFIT
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $735K $969K $214K
2024 $363K $218 $423K

Between 2024 and 2025, reported annual revenue grew from $363K to $735K (+102%), with total assets most recently reported at $214K.

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

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