Georgia · Nonprofit
ELEV8 FOUNDATION INC
ELEV8 FOUNDATION INC (Georgia) receives grants from 3 organizations whose IRS filings report $166,848 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($165,000). 3 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2023
- $4k
- Funders on record
- 3
- Grants received
- $167k
- Net assets
- $99k
What Elev8 Foundation Inc does
Mission
To identify, develop, and make available, educational, health, and financial resources to children and related benefits to mothers in undeserved communities.
As stated on its FY2023 Form 990-EZ.
Programs
Elev8 economic development project capital investment: fund to invest in emerging businesses on the continent that will later generate a return for elev8 for more impact investments. 1st investment was to innovarx global health an innovative healthcare solution company working to democratize access to quality healthcare across sub-saharan africa. (10k lives impacted since investment)
$50,000 spentof which $60,000 as grants85% of program spendingWomen [:amp:] childrens health center: building an ultra-modern healthcare facility in central gambia to provide healthcare services to women and children. This project will impact up to 16 of the gambian population. With this health center women will not have to travel 4hrs to get the care they need. *estimated. First phase of building starts november 2024.
$6,000 spentof which $19,508 as grants10% of program spendingElev8 scholarship: providing full academic scholarships to university of the gambia students. Currently supporting 3 students. Plan to increase 2x annually.
$2,645 spentof which $19,508 as grants5% of program spending
The 3 programs described on its FY2023 Form 990-EZ. Program spending in total: $58,645.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 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.
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 $128k to $99k (−23%).
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.
64% of ELEV8 FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (95% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 reported years ran a deficit.
Leadership and staff
Chief executive
Haddy J Coulibaly
President CEO [:amp:] baord chair
As listed on its FY2023 Form 990-EZ.
Who funds it, year by year
2021 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $29 → $135k.
2 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 99% 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 ELEV8 FOUNDATION INC’s funders (the co-funder graph). 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
ELEV8 FOUNDATION INC leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
99% 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 ELEV8 FOUNDATION INC.
Largest funder’s share by year: 2021 100% · 2022 100% · 2023 100% — broadly stable.
“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.
Where its funders are
99% of ELEV8 FOUNDATION 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 $2k that is directly attributable, 100% of it comes from funders outside Georgia, across 1 state.
Funder states come from each funder’s own filing. $165k arriving through sponsors registered in 2 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.
Against its field
ELEV8 FOUNDATION INC's revenue fell 97% between 2022 and 2023.
this organization peer median middle 50% of peers· 7,317 philanthropy nonprofits under $100k, FY2023
Organizations like ELEV8 FOUNDATION 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 Georgia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
0%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for ELEV8 FOUNDATION 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.
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 ELEV8 FOUNDATION INC?
- ELEV8 FOUNDATION INC (Georgia) receives grants from 3 organizations whose IRS filings report $166,848 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($165,000). 3 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does ELEV8 FOUNDATION INC have?
- IRS filings report 3 organizations giving $166,848 in grants to ELEV8 FOUNDATION INC, 3 of which have funded it in more than one year.
- Who is the largest funder of ELEV8 FOUNDATION INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $165,000 in grants. The full list of funders is on this page.
- How can an organization like ELEV8 FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Elev8 →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2022–2023), and the filings of 3 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