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Kentucky · Public charity

Evolve502 Inc

We will provide the caring, belief, access, and supports each student needs to achieve and succeed and will work to remove and mitigate the systemic barriers of poverty and institutional racism.

$1.6M
Granted FY2024(still arriving)
2
Grants FY2024
1
Organizations funded FY2023
0%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$1,426,874
Largest grant, FY2024
$1,426,874
Organizations funded a year
1 to 48
FY2020 to FY2023
States reached, FY2024
1
Total assets, FY2024
$23M

How open it is to new grantees

In FY2023, 0% of the organizations Evolve502 Inc funded were first-time grantees, receiving 0% of its grant dollars.

New vs renewed · share of each year

In FY2023, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’21’22’23
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving2$1.6M50%
FY20231$1.2M0%
FY20221$439k0%
FY20211$612k100%
FY202048$694kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Education$3.9MHuman Services$235kYouth Development$112kReligion$48kRecreation & Sports$35kCommunity Improvement$35kHealth$27kArts & Culture$12kOther$0

Top grantees

Largest recipients by total granted, FY2020 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Jefferson Community & Technical College$3,632,8374n/a
Simmons College of Kentucky Inc$125,80011%
the Young Men's Christian Association of Greater Louisville Inc$112,35010%
The Boys & Girls Clubs Inc$56,40012%
I Would Rather Be Reading$20,200121%
Seven Counties Services Inc$15,10010%
Neighborhood House Inc$15,10011%
St George's Scholar Institute Inc$13,35014%
Wesley House Community Services Inc$13,1001n/a
Robert Jamison Ministries$13,1001n/a
Show all 50 grantees
All grantees of Evolve502 Inc by total granted
GranteeTotal grantedYearsShare of their budget
Jefferson Community & Technical College$3,632,8374n/a
Simmons College of Kentucky Inc$125,80011%
the Young Men's Christian Association of Greater Louisville Inc$112,35010%
The Boys & Girls Clubs Inc$56,40012%
I Would Rather Be Reading$20,200121%
Seven Counties Services Inc$15,10010%
Neighborhood House Inc$15,10011%
St George's Scholar Institute Inc$13,35014%
Wesley House Community Services Inc$13,1001n/a
Robert Jamison Ministries$13,1001n/a
Highland Park Community Development Corp$13,1001n/a
Canaan Christian Church$13,1001n/a
United Crescent Hill Ministries Inc$13,1001n/a
Pcc Incorporated$13,1001n/a
Prominent Youth of America$12,600133%
Kentucky African Achievers$12,1001n/a
Delta Foundation Inc$12,10016%
Remnant Church of God in Christ$12,1001n/a
Galilee Community Development Corporation$12,1001n/a
Inside the Lines Training Inc$12,100119%
Smoketown Family Wellness Center Corp$12,10012%
First Gethsemane Center for Family Development Inc$12,100112%
Cabbage Patch Settlement House Inc$12,10010%
Skillz 4 Life Inc$12,1001n/a
Young Nonprofit Foundation Young Nonprofit$12,1001n/a
Somali Community Of Louisville Inc$12,10013%
Hope Collaborative Christian Commun$12,10012%
J E B Student Athlete Enrichment Center Inc$12,1001n/a
West Louisville Performing Arts Academy Inc$12,10019%
Sowing Seeds with Faith Inc$12,10013%
The Backside Learning Center Inc$11,10011%
Molo Village CDC Co$10,60012%
Lighthouse Promise Inc$10,60012%
2not1 Fatherhood & Families$9,60014%
St Paul's Episcopal Church$9,6001n/a
Tiger Strike Martial Arts Academy Inc$9,6001n/a
Tiger Foundation Inc$9,6001n/a
Father Maloney's Boy's Haven Inc$9,60010%
Spirit Filled New Life Church Ministries$9,6001n/a
South Louisville Community Ministries Inc$9,60011%
Louisville Central Community Centerinc$9,60011%
Salt and Light Community Development Corporation$9,6001n/a
New Day Ministries Inc$9,600111%
Young Adult Development in Action Inc$9,60010%
Portland Promise Center Inc$9,6001n/a
Decode Project Inc$9,600113%
Hope Community Development Corporation$9,6001n/a
Chapel of St Philip Inc$8,1001n/a
Kentucky Chess Ambassadors Inc$7,1001n/a
The Food Literacy Project at Oxmoor Farm Inc$7,10011%

Where it is load-bearing

Evolve502 Inc supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 28 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetSimmons College of Kentucky Inc: $125,800 over 1y, 0.7% of budgetthe Young Men's Christian Association of Greater Louisville Inc: $112,350 over 1y, 0.3% of budgetThe Boys & Girls Clubs Inc: $56,400 over 1y, 2.0% of budgetI Would Rather Be Reading: $20,200 over 1y, 21% of budgetSeven Counties Services Inc: $15,100 over 1y, 0.0% of budgetNeighborhood House Inc: $15,100 over 1y, 0.7% of budgetSt George's Scholar Institute Inc: $13,350 over 1y, 4.2% of budgetProminent Youth of America: $12,600 over 1y, 33% of budgetDelta Foundation Inc: $12,100 over 1y, 6.3% of budgetInside the Lines Training Inc: $12,100 over 1y, 19% of budgetSmoketown Family Wellness Center Corp: $12,100 over 1y, 2.3% of budgetFirst Gethsemane Center for Family Development Inc: $12,100 over 1y, 12% of budgetCabbage Patch Settlement House Inc: $12,100 over 1y, 0.5% of budgetSomali Community Of Louisville Inc: $12,100 over 1y, 2.6% of budgetHope Collaborative Christian Commun: $12,100 over 1y, 1.6% of budgetWest Louisville Performing Arts Academy Inc: $12,100 over 1y, 8.6% of budgetSowing Seeds with Faith Inc: $12,100 over 1y, 2.7% of budgetThe Backside Learning Center Inc: $11,100 over 1y, 1.3% of budgetMolo Village CDC Co: $10,600 over 1y, 1.6% of budgetLighthouse Promise Inc: $10,600 over 1y, 1.9% of budget2not1 Fatherhood & Families: $9,600 over 1y, 3.8% of budgetFather Maloney's Boy's Haven Inc: $9,600 over 1y, 0.1% of budgetSouth Louisville Community Ministries Inc: $9,600 over 1y, 0.8% of budgetLouisville Central Community Centerinc: $9,600 over 1y, 0.7% of budgetNew Day Ministries Inc: $9,600 over 1y, 11% of budgetYoung Adult Development in Action Inc: $9,600 over 1y, 0.3% of budgetDecode Project Inc: $9,600 over 1y, 13% of budgetThe Food Literacy Project at Oxmoor Farm Inc: $7,100 over 1y, 1.1% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 28.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Metro United Way IncKY66.8× affinity30 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Metro United Way Inc · The Community Foundation of Louisville Inc · The Community Foundation of Louisville Corporate Depository Inc · The Gheens Foundation Inc · Kosair Charities Committee Inc · Honorable Order of Kentucky Colonels Inc · LG&E and Ku Foundation Inc · The Community Foundation of Louisville Depository Inc · Cralle Foundation Inc · James Graham Brown Foundation Inc · C E and S Foundation Inc · Republic Bank Foundation Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Evolve502 Inc with peer funders

About Evolve502 Inc

How much does Evolve502 Inc give?
Evolve502 Inc reported 2 grants totaling $1,552,674 in its FY2024 IRS filing. It funded between 1 and 48 organizations a year over FY2020 to FY2023.
What does Evolve502 Inc fund?
By grant dollars over FY2020 to FY2024, its largest causes are Education (88%), Human Services (5%), Youth Development (3%).
Who are Evolve502 Inc's largest grantees?
By total granted over FY2020 to FY2024: Jefferson Community & Technical College ($3.6M), Simmons College of Kentucky Inc ($126k), the Young Men's Christian Association of Greater Louisville Inc ($112k).
Does Evolve502 Inc fund new organizations?
In FY2023, 0% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Evolve502 Inc?
Its strongest co-funders, measured against what their size predicts, include Metro United Way Inc, The Community Foundation of Louisville Inc, The Community Foundation of Louisville Corporate Depository Inc.
Where is Evolve502 Inc based?
Evolve502 Inc is based in KY.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 50 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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