RISING TIDE CAPITAL INC AND SUBSIDIARIES
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Rising Tide Capital Inc and Subsidiaries is a nonprofit organization dedicated to transforming lives and communities through entrepreneurship, focusing on economically marginalized communities. With an operating budget of $7.6 million and total revenue of $5.5 million, it provides holistic technical assistance and access to capital through its signature programs, including the Community Business Academy, Business Acceleration Services, and Credit to Capital. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.risingtidecapital.org.
Mission Statement
OUR MISSION IS TRANSFORMING LIVES AND COMMUNITIES THROUGH ENTREPRENEURSHIP. WE ASSIST ENTREPRENEURS IN ECONOMICALLY MARGINALIZED COMMUNITIES TO BUILD LASTING BUSINESSES. OUR VISION IS TO BUILD INCLUSIVE COMMUNITIES OF RESILIENT ENTREPRENEURS CATALYZING A THRIVING AND SUSTAINABLE ECONOMY FOR ALL. THROUGH OUR SIGNATURE PROGRAMS, THE COMMUNITY BUSINESS ACADEMY (CBA), BUSINESS ACCELERATION SERVICES (BAS), AND CREDIT TO CAPITAL (C2C), WE PROVIDE HOLISTIC TECHNICAL ASSISTANCE, ACCESS TO CAPITAL THROUGH PARTNERS AND BUSINESS MANAGEMENT EDUCATION AND COACHING. CBA IS A COLLEGE-ACCREDITED COURSE PROVIDING BASIC SKILLS NEEDED TO MANAGE AND STRENGTHEN A BUSINESS. CLASSES ARE OFFERED IN ENGLISH AND SPANISH, TAILORED TO MEET VARIED IDENTITIES AND EDUCATIONAL LEVELS. AS PART OF BAS, OUR SUBJECT MATTER EXPERTS PREPARE ENTREPRENEURS FOR GROWTH. OUR C2C PROGRAM PROVIDES ACCESS TO FINANCING FROM VETTED CDFIS. WITH A NETWORK OF PARTNERS, RTC LICENSES ITS PROVEN MODEL TO SCALE IMPACT IN MORE COMMUNITIES
Cause Areas
1
Business promotion
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is RISING TIDE CAPITAL INC AND SUBSIDIARIES’s budget?
In 2024, RISING TIDE CAPITAL INC AND SUBSIDIARIES reported an annual operating budget of around $7.6 million. More detailed financial information is available to registered users.
What causes does RISING TIDE CAPITAL INC AND SUBSIDIARIES support?
RISING TIDE CAPITAL INC AND SUBSIDIARIES supports work in Business promotion.
Where does RISING TIDE CAPITAL INC AND SUBSIDIARIES operate?
RISING TIDE CAPITAL INC AND SUBSIDIARIES is headquartered in Jersey City, NJ.
Who funded RISING TIDE CAPITAL INC AND SUBSIDIARIES recently?
In 2024, RISING TIDE CAPITAL INC AND SUBSIDIARIES received grants from NOVO FOUNDATION, JPMORGAN CHASE FOUNDATION, and WK Kellogg Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant RISING TIDE CAPITAL INC AND SUBSIDIARIES received in 2024?
The largest grant to RISING TIDE CAPITAL INC AND SUBSIDIARIES in 2024 exceeds $500 thousand.
What is RISING TIDE CAPITAL INC AND SUBSIDIARIES’s reliance on government grants?
RISING TIDE CAPITAL INC AND SUBSIDIARIES relied on government grants for more than 15% of their total revenue in 2024.