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Hawaii · Nonprofit

ELEMENTAL EXCELERATOR INC

ELEMENTAL EXCELERATOR INC (Hawaii) receives grants from 31 organizations whose IRS filings report $70,368,177 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($30,486,567). 16 of them have funded it in more than one year, and 72% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$34M
Funders on record
31
Grants received
$70M
Net assets
$53M
16/31 repeat funderspeak grant-dependency 57%
01What it does

What Elemental Excelerator Inc does

Mission

Elemental excelerator (organization) is a nonprofit organization whose mission is to scale technologies with deep environmental and local impact.

As stated on its FY2024 Form 990.

Program

  1. The organization conducts a technology commercialization program that serves to connect, coach and support entrepreneurs building and deploying innovative technology solutions across the areas of energy, water, transportation, food and agriculture and industry. Additionally, in furtherance of its exempt purposes, the organization provides catalytic funding and technical services to the startups selected for its program to implement commercial pilots and projects in local communities across the united states and globally.

    $21,204,167 spentof which $856,425 as grants$239,910 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $21,204,167.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.3M) Expenses 100 ($1.2M) Net assets 100 ($2.2M)2018 Revenue 427 ($14M) Expenses 435 ($5.1M) Net assets 523 ($11M)2019 Revenue 488 ($16M) Expenses 706 ($8.3M) Net assets 892 ($19M)2020 Revenue 477 ($16M) Expenses 989 ($12M) Net assets 1092 ($24M)2021 Revenue 513 ($17M) Expenses 1351 ($16M) Net assets 1144 ($25M)2022 Revenue 782 ($26M) Expenses 1613 ($19M) Net assets 1402 ($30M)2023 Revenue 1072 ($36M) Expenses 1702 ($20M) Net assets 2135 ($46M)2024 Revenue 1023 ($34M) Expenses 2314 ($27M) Net assets 2462 ($53M)
'17'18'19'20'21'22'23'24
Revenue (1023)Expenses (2314)Net assets (2462)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $32M to $47M (+48%).

$2.3M
$11M
$20M
$24M
$25M
$32M
$47M
$55M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 32% · 2020 49% · 2021 42% · 2022 18% · 2023 22% · 2024 24%. Grants only. Government contracts and fees sit inside program revenue.

93% of ELEMENTAL EXCELERATOR INC’s revenue is contributions — more donation-reliant than the typical peer (87% for the typical peer).

This organization
Typical peer · 360 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$2.2M
’17
$9.1M
’18
$8.0M
’19
$4.3M
’20
$1.2M
’21
$7.1M
’22
$16M
’23
$6.9M
’24
3.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Dawn Lippert

Director/chief executive officer

Board chair

Laurene Powell Jobs

Chair of the board

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed59141414161615
Joined·+4+6+4+4+4+3+3
No longer listed·0144234
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 2 funders to 14 funders, grant income rose $38k → $20M.

12 of 31 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 72% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ELEMENTAL EXCELERATOR INC’s funders (the co-funder graph). Top 30 of 31 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ELEMENTAL EXCELERATOR INC leans on a few funders — its largest provides 43% of grant income and the top three 72%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

74% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ELEMENTAL EXCELERATOR INC.

43%
largest funder
72%
top three
~4
effective funders

Largest funder’s share by year: 2018 80% · 2019 90% · 2020 92% · 2021 77% · 2022 51% · 2023 34% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

11% of ELEMENTAL EXCELERATOR INC's funders are still giving 3 years after their first grant; 52% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

72% of ELEMENTAL EXCELERATOR INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $19M that is directly attributable, 97% of it comes from funders outside Hawaii, across 6 states.

WA
NY
MA
CA
MO
HI

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Hawaii out of state home

Funder states come from each funder’s own filing. $51M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ELEMENTAL EXCELERATOR INC has grown faster than three-quarters of the 329 environment nonprofits its size.

Operating margin20% · above the median
Months of reserve3.2mo · below the median
Revenue growth (annualized)39% · top quartile

this organization peer median middle 50% of peers· 329 environment nonprofits $10M–$100M, FY2024

Government funding ELEMENTAL EXCELERATOR INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $32.0M on record.

Federal$32.0M
grants $32.0Mcontracts $0
18
19
21
22
23
24
25
Top agencies
  • Department of Defense$32.0M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like ELEMENTAL EXCELERATOR INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Hawaii

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 18%Fundraising 4%

Governance

6
board members
83%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

74%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 2 states

CA
HI

Screen this organization

A dated, signed PDF of the compliance screen for ELEMENTAL EXCELERATOR INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ELEMENTAL EXCELERATOR INC?
ELEMENTAL EXCELERATOR INC (Hawaii) receives grants from 31 organizations whose IRS filings report $70,368,177 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($30,486,567). 16 of them have funded it in more than one year, and 72% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does ELEMENTAL EXCELERATOR INC have?
IRS filings report 31 organizations giving $70,368,177 in grants to ELEMENTAL EXCELERATOR INC, 16 of which have funded it in more than one year.
Who is the largest funder of ELEMENTAL EXCELERATOR INC?
NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $30,486,567 in grants. The full list of funders is on this page.
How can an organization like ELEMENTAL EXCELERATOR INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Hawaii. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 31 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing