Our Numbers
In our book, there is but one equation:
Education + Incentives = Greater Prosperity.
Do the math. It works for everyone.
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RISE ASSET CREATION SUMMARY |
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As of July 31, 2010 |
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Total Residents Graduating From Financial Literacy Classes: |
417 |
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Total Residents Currently Enrolled in the Save Up Program: |
76 |
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Total Number of Assets Purchased to Date: |
199 |
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Total Number of Individual Asset Purchases: |
127 |
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Average Participant Pre Save Up Assets: |
$79.43 |
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Average Individual Participant Savings to Date: |
$1,083.00 |
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Total Participant Savings to Date: |
$227,103.45 |
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Total Current Participant Savings: |
$24,118.24 |
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Total RISE Liability (Matching Funds Required) for Current Accounts: |
$48,236.48 |
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Fifty-Two Homes Purchased and Valued At: |
$4,010,327.00 |
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Twenty Six Home Improvements Purchased and Valued At: |
$31,546.50 |
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Forty Vehicles Purchased and Valued At: |
$151,619.99 |
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Education (Tuition, Books, Computers): |
$59,252.44 |
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Business Expansion: |
$3,999.78 |
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Earned Income Tax Credits Claimed by RISE Participants: |
$690,000.00 |
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Family Self-Sufficiency Rent Escrow Dollars Earned: |
$126,581.64 |
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Total Saved by Participants Who Left Program with Savings but No Matching Funds: |
$22,867.45 |
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RISE Approved Homeowners Pending Closing Date: |
$317,103.00 |
RISE Average Investment per Participating Resident: |
$3,500.00 |
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Total Asset Creation To Date: |
$5,413,297.80 |
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RISE ANNUAL BUDGETS
2000 - $22,000
2001 - $252,000
2002 - $330,000
2003 - $412,000
2004 - $525,000
2006 - $750,000
2007 - $1,100,000
2008 - $1,200,000
2009 - $1,300,000
2010 - $1,300,000
Contact RISE, and help us lift someone up. As an operating foundation and a 501(c)3 public charity, your investment in RISE is tax-deductible.
