Pennsylvania · Nonprofit
Elevate 215
Elevate 215 (Pennsylvania) receives grants from 49 organizations whose IRS filings report $33,310,398 to it, the largest being SUSQUEHANNA FOUNDATION ($18,792,173). 28 of them have funded it in more than one year.
- Revenue FY2025
- $4.5M
- Funders on record
- 49
- Grants received
- $33M
- Net assets
- $5.5M
What Elevate 215 does
Mission
Elevate 215 is a catalyst for preparing students for the world of tomorrow by modernizing the learning experience in philadelphia schools today. We do this by: supporting schools and talent, collaborating with our partners, expanding access and resources for families, and advocating to create the conditions for success.
As stated on its FY2025 Form 990.
Programs
School and Talent Grants Elevate 215 makes grants to school operators to support the start-up, expansion, or the capacity building of public, public charter, and catholic schools located in Philadelphia. Grant funding supports the expenses of startup, growth and/or improvement activities over the course of single or multiple years. The Organization screens prospective applications by conducting extensive due diligence on the applicants before approving grants, including examination of school models, quantitative data on academic outcomes, analysis of student attendance, attrition, graduation and matriculation data, financial analysis, review of strategic growth plans, assessment of organizational leadership capacity, interviews with school leaders, and school site visits. The Organization invests in talent development initiatives, which are focused on strengthening the recruitment, retention and skill development of school leaders and teachers. During the year ended June 30, 2025, Elevate 215 supported 22 organizations. Community Resources The Organization develops and maintains two technology-based resources to support families in learning about and selecting a school that is a…
$3,895,707 spentof which $2,892,606 as grants78% of program spendingApply Philly Charter Elevate 215 operates the Apply Philly Charter For the period ended June 30, 2025, over 150,000 families utilized the website to gather information on over 400 school options in Philadelphia. In addition, Elevate 215 supports the Apply Philly Charter (applyphillycharter.org) technology platform, which is an online enrollment system that facilitates the application and acceptance process for a majority of the public charter schools in Philadelphia. In 2025, over 29,000 families utilized Apply Philly Charter to select a school and submit over 130,000 applications.
$1,096,310 spent$117,750 earned by the program22% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,992,017.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $4.5M to $9.0M (+99%).
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.
93% of Elevate 215’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.
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
Stacy E Holland
Executive director
Board chair
Benjamin Persofsky
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 10 funders to 17 funders, grant income fell $7.5M → $2.2M.
10 of 49 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 11% 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 Elevate 215’s funders (the co-funder graph). Top 30 of 49 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
Elevate 215 leans on a few funders — its largest provides 56% of grant income and the top three 66%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 92% · 2018 84% · 2019 74% · 2020 59% · 2021 17% · 2022 32% · 2023 22% — 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
36% of Elevate 215's funders are still giving 3 years after their first grant; 57% give in more than one year at all.
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
78% of Elevate 215's grant income comes from Pennsylvania funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.5M arriving through sponsors registered in 6 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
Elevate 215 holds deeper cash reserves than three-quarters of the 9,398 education nonprofits its size.
this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025
Organizations like Elevate 215
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 Pennsylvania
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
41%
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 Elevate 215: 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 Elevate 215?
- Elevate 215 (Pennsylvania) receives grants from 49 organizations whose IRS filings report $33,310,398 to it, the largest being SUSQUEHANNA FOUNDATION ($18,792,173). 28 of them have funded it in more than one year.
- How many funders does Elevate 215 have?
- IRS filings report 49 organizations giving $33,310,398 in grants to Elevate 215, 28 of which have funded it in more than one year.
- Who is the largest funder of Elevate 215?
- SUSQUEHANNA FOUNDATION is the largest funder on record, with $18,792,173 in grants. The full list of funders is on this page.
- How can an organization like Elevate 215 find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. 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 FY2025 (financials across 2017–2025), and the filings of 49 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