Our Numbers

In our book, there is but one equation:
Education + Incentives = Greater Prosperity.

Do the math.  It works for everyone.

RISE ASSET CREATION SUMMARY

 

As of July 31, 2010

Total Residents Graduating From Financial Literacy Classes:

417

Total Residents Currently Enrolled in the Save Up Program:

76

Total Number of Assets Purchased to Date:

199

Total Number of Individual Asset Purchases:

127

Average Participant Pre Save Up Assets:

$79.43

Average Individual Participant Savings to Date:

$1,083.00

Total Participant Savings to Date:

$227,103.45

Total Current Participant Savings:

$24,118.24

Total RISE Liability (Matching Funds Required) for Current Accounts:

$48,236.48

Fifty-Two Homes Purchased and Valued At:

$4,010,327.00

Twenty Six Home Improvements Purchased and Valued At:

$31,546.50

Forty Vehicles Purchased and Valued At:

$151,619.99

Education (Tuition, Books, Computers):

$59,252.44

Business Expansion:

$3,999.78

Earned Income Tax Credits Claimed by RISE Participants:

$690,000.00

Family Self-Sufficiency Rent Escrow Dollars Earned:

$126,581.64

Total Saved by Participants Who Left Program with Savings but No Matching Funds:

$22,867.45

RISE Approved Homeowners Pending Closing Date:

$317,103.00

RISE Average Investment per Participating Resident:

$3,500.00

Total Asset Creation To Date:

$5,413,297.80

 

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.