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Urise Ventures Inc

EIN 82-2053282 · Hartford, CT

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair68 out of 100GovernanceFair62 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

AS THE ONLY COMMUNITY TECHNOLOGY AND ENTREPRENEURSHIP INCUBATOR IN NEW ENGLAND FOR URBAN YOUTH AND THEIR FAMILIES, WE'RE PROUDLY A MULT CULTURAL, MULTI GENERATIONAL, YOUTH CENTERED, AND EXPERT LED COMMUNITY NONPROFIT ORGANIZATION.

Income
$242,075
Spending
$220,697
Spent on programs
83%
Reserves
2.2 months of spending
Largest source of income
fees for its services, 88%
Employees
6
Volunteers
24

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 68 out of 100. Higher than 32% of charities in its peer group (education, under $250k).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.2 months of spending.

  • Debt

    20 of 20

    It owes 4% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 9% of income.

  • Income trend

    15 of 15

    Income rose 60% on the year before.

  • Spending floor

    8 of 15

    83% of spending went to programs and raising each dollar of donations cost 39 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 62 out of 100. Higher than 47% of charities in its peer group (education, under $250k).

  • Independent board

    25 of 25

    7 of 7 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (7)
  1. $37,167 spent. TEENPRENEURS | YOUTH INNOVATION AND ENTREPRENEURSHIP PROGRAMOUR PROGRAM FOR HIGH SCHOOL YOUTH AGES 14-19, AND OPPORTUNITY YOUTH, AGES 16 THROUGH 24, ARE OFFERED AFTER SCHOOL HOURS AS A SCHOOL TO CAREER ENRICHMENT PROGRAM AND DURING SCHOOL AS A WORK-BASED LEARNING PROGRAM. STUDENTS DEVELOP AND PRESENT BUSINESS CONCEPTS FROM IDEA TO IMPLEMENTATION. THIS PROGRAM IS IDEAL FOR STUDENTS INTERESTED IN CAREERS IN BUSINESS, TECHNOLOGY AND ENTREPRENEURSHIP.
  2. $21,789 spent. KIDPRENEURS | YOUTH INNOVATION AND ENTREPRENEURSHIP PROGRAMOUR PROGRAM FOR MIDDLE SCHOOL STUDENTS AGES 10-14 IN GRADES 5-8 IS OFFERED DURING SCHOOL HOURS IN COORDINATION WITH SCIENCE AND TECHNOLOGY DEPARTMENTS TO PROVIDE STUDENTS WITH AN ENRICHING HANDS-ON EXPERIENCE IN PRODUCT DEVELOPMENT AND OPPORTUNITY RECOGNITION. MANY STUDENTS GO ON TO CREATE AND PRESENT A BASIC BUSINESS PLAN FOR THE MOST VIABLE CONCEPTS.
  3. $80,906 spent. OMNI PRINT PLUS IS A PROGRAM DEDICATED TO PROVIDING HIGH SCHOOL YOUTH WITH JOB-READINESS AND CAREER DEVELOPMENT KNOWLEDGE, SKILLS AND EXPERIENCES. THROUGH AN EXPERIENTIAL LEARNING MODEL, ASPIRING YOUNG CREATIVES AND ENTREPRENEURS FROM LOCAL HIGH SCHOOLS ARE PREPARED AND POSITIONED FOR ENTRY-LEVEL TECHNICAL AND ADMINISTRATIVE POSITIONS IN BUSINESS AND INDUSTRY.
  4. $12,137 spent. ANNUAL YOUTH BUSINESS SUMMIT: NOW IN ITS FIFTH YEAR, THE SUMMIT SHOWCASES STUDENTS' IDEAS AND INNOVATIONS IN A ONE-DAY EVENT THAT GIVES STUDENTS AN OPPORTUNITY TO PRESENT THEIR IDEAS IN A SHARK-TANK STYLE EVENT BEFORE A PANEL OF LOCAL JUDGES. STUDENTS COMPETE FOR CASH PRIZES WHICH CAN BE USED FOR START-UP FUNDS OR SCHOLARSHIPS.
  5. $13,982 spent. SUMMER YOUTH INTERNSHIP PROGRAM: A SELECT GROUP OF HIGH SCHOOL STUDENTS PARTICIPATE IN A PAID SUMMER YOUTH INTERNSHIP PROGRAM FOR SIX-WEEKS IN THE SUMMER. STUDENTS WORK 120 HOURS EACH AND RECEIVE AN IMMERSIVE EXPERIENCE IN ALL ASPECT OF SMALL BUSINESS OPERATIONS FROM MARKETING, SALES, FINANCE, CUSTOMER SERVICE AND LEADERSHIP.
  6. $4,433 spent. ADULT ENTREPRENEURS PROGRAM
  7. $12,158 spent. GETTING AHEAD: FINANCIAL EMPOWERMENT PROGRAMOUR "GETTING AHEAD IN A JUST GETTING BY WORLD" WORKSHOP SERIES IS A FINANCIAL LITERACY AND FINANCIAL EMPOWERMENT PROGRAM HELPS INDIVIDUALS STRUGGLING WITH FINANCIAL INSTABILITY RECEIVE THE KNOWLEDGE, GUIDANCE, AND RESOURCES THEY NEED TO ADDRESS THEIR FINANCIAL SITUATIONS AND TAKE ACTION.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2020 for not filing returns for three years, and reinstated on May 15, 2020.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2021.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.