2026-05-15T12:36:49-07:00 2025-06-30 050511194 PPA LLP 469 CENTERVILLE ROAD STE 203 WARWICK RI 02886 990 2024-07-01 472487094 RISE PREP MAYORAL ACADEMY RISE 4017655127 30 CUMBERLAND STREET WOONSOCKET RI 02895 KAT WALLER CHIEF FINANCIAL OFFICER 4017655127 2026-05-04 true true Jo-Anne M Newton CPA P01753961 4017380010 2026-05-15 2024 2025-03-06 01:10:19Z RISE PREP ACADEMIES ROSALIND DACRUZ 30 CUMBERLAND ST WOONSOCKET RI 02895 11691488 false X www.riseprepri.org X 2014 RI TO PROVIDE A CHARTER PUBLIC SCHOOL AS A MAYORAL ACADEMY SERVING BURRIVILLE, NORTH SMITHFIELD, AND WOONSOCKET, RHODE ISLAND 8 8 130 10 0 0 202699 1174266 10917211 9935191 7322 5243 30317 576788 11157549 11691488 0 0 5636181 7223856 0 0 2950074 3638496 8586255 10862352 2571294 829136 16393109 16774101 9348312 8900168 7044797 7873933 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. false false 7284645 1174266 9935191 RISE PREP IS A TUITION-FREE, PUBLIC MAYORAL ACADEMY, OPEN TO STUDENTS IN WOONSOCKET, NORTH SMITHFIELD, AND BURRILLVILLE. RISE PREP OPENED IN AUGUST 2015 WITH 48 KINDERGARTEN STUDENTS, AND WILL GROW ONE GRADE EACH YEAR UNTIL REACHING A FULL K-12 SCHOOL MODEL. 7284645 true true false false false false false false false false true false false true false true true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 5 0 130 true false false false false false false false false false false X 8 8 false false false false false false false true true false false true true true true true true true true false X KAT WALLER 4017655127 30 CUMBERLAND ST WOONSOCKET RI 02895 ROSALIND DACRUZ EXECUTIVE DIRECTOR 60.00 X 186000 0 0 STEPHEN IZZI DIRECTOR 2.00 X 0 0 0 RAYMOND LEVEILLE TREASURER 2.00 X X 0 0 0 CHRIS BEAUCHAMP BOARD CHAIR/PRESIDENT 2.00 X X 0 0 0 PAULETTE D HAMILTON VICE CHAIR 2.00 X X 0 0 0 THOMAS CALOURO DIRECTOR 2.00 X 0 0 0 GEORGETA GASSEY DIRECTOR 2.00 X 0 0 0 CAROLYN DIAS DIRECTOR 2.00 X 0 0 0 JOHN O'ROURKE DIRECTOR 2.00 X 0 0 0 COLLEEN CARMELA COLARUSSO SUPERINTENDENT 40.00 X 162900 0 0 KAT WALLER CHIEF FINANCIAL OFFICER 50.00 X 153500 0 0 502400 0 0 3 false true false 922388 251878 1174266 STATE CHARTER SCHOOL AID 611110 8175911 0 0 MUNICIPAL AID 611110 1759280 0 0 9935191 5243 0 5243 MISCELLANEOUS 999999 576788 576788 0 0 576788 11691488 10511979 0 5243 502400 0 502400 0 5259331 5259331 0 0 1029000 866846 162154 0 433125 364871 68254 0 219291 104019 115272 0 198212 147176 51036 0 764067 3226 760841 0 2493 2493 0 0 479691 0 479691 0 416295 0 416295 0 UTILITIES 156834 0 156834 0 EDUCATIONAL SUPPLIES 1401613 536683 864930 0 10862352 7284645 3577707 0 289392 1060079 976158 851549 61206 63568 16417962 1981303 14565763 14436659 500590 362246 16393109 16774101 588147 965787 8232810 7559028 527355 375353 9348312 8900168 X 7044797 7873933 7044797 7873933 16393109 16774101 829136 X false true X true true true X 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15860367 1705123 14155244 5354 5354 277669 276180 1489 274572 274572 14436659 ROU ASSETS 328857 OTHER ASSETS 33389 362246 11691488 11691488 11691488 10382661 10382661 10382661 Other When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the tax authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would ultimately be sustained. The benefit of a tax position is recognized in the financial statements in the period which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset against or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the accompanying statement of financial position along with any associated interest and penalties that would be payable to the taxing authority upon examination. The open tax years are 2015-2017. Management has determined there are no uncertain income tax positions. true true true true true true true false false false false false false false false true false true Line 6b THE RISE MAYORAL ACADEMY RECIEVES FINANCIAL AID FROM THE GOVERNMENT IN THE FORM OF GRANTS FROM RIDE false false false false false false false false false ROSALIND DACRUZ 186000 0 0 0 0 0 18632 0 0 0 204632 0 0 0 COLLEEN CARMELA COLARUSSO 162900 0 0 0 0 0 16498 0 0 0 179398 0 0 0 KAT WALLER 153500 0 0 0 0 0 14796 0 0 0 168296 0 0 0 Pt VI, Line 11b THE 990 IS REVIEWED BY ALL BOARD MEMBERS AT A MONTHLY BOARD MEETING BEFORE IT IS SUBMITTED TO IRS Pt VI, Line 19 THE PUBLIC CAN REQUEST ACCESS TO PUBLIC INFORMATION VIA THE SCHOOLS WEBSITE Pt VI, Line 15a THE CHIEF FINANCIAL OFFICER BENCHMARKED COMPENSATION AGAINST DATA SOURCED FROM UCOA AND RIDE AND RIASBO Pt VI, Line 15b THE CHIEF FINANCIAL OFFICER BENCHMARKED COMPENSATION AGAINST DATA SOURCED FROM UCOA AND RIDE AND RIASBO Pt VI, Line 12c ALL OFFICERS AND BOARD MEMBERS ARE REMINDED OF THE FOUNDATIONS CONFLICT OF INTEREST POLICY AT LEAST ONCE EACH YEAR. EACH YEAR THEY REVIEW AND SIGN AN AGREEMENT THAT DEFINES FINANCIAL INTEREST AND SETS FORTH THEIR OBLIGATION TO DISCLOSE SUCH INTERESTS. THE AGREEMENT ALSO SETS FORTH PROCEDURES THE BOARD FOLLOWS TO DETERMINE IF A CONFLICT OF INTEREST EXISTS AND IF SO, PROCEDURES FOR ADDRESSING THE CONFLICT