Nonprofit screen
Screen a listElevate Ventures Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$9.2Mrevenue
FY2024 · +41% in 3 yrs33staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−17.1%
Months of reserve2.4mo
Revenue growth (annualized)+7.7%
Middle half of peersMedianElevate Ventures
Where the money goes FY2024 · $11M spent
Programs$7.7M72%Management and general$3.1M28%Fundraising$10k0%990 FY2024 · Part IX line 25
Worth checking3
Its largest funder stopped after FY2021
Judd Leighton Foundation Inc gave about $400k a year for three years, 15% of revenue in FY2021.
Funders’ 990-PF grant listsFederal awards stopped after FY2021
$400k in FY2021, none traced since.
USAspendingDeficits in 3 of the last 3 years
−$1.5M in FY2022, −$1.7M in FY2023 and −$1.6M in FY2024. Cash covers 2.4 months, under the peer median of 5.5.
990 Part I and balance sheetIn its favor1
Strong governance
6 of 8 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI15funders
$565ka year, last 3 years
59%from its largest funder
Funder’17’18’19’20’21’22’23Judd Leighton Foundation IncOn and off$100k$100k$1.0MEndeavor Edge Inc F/K/A 1804 IncStopped after FY2020$308k$368k$350k–Parkview Health System IncOn and off$100k$100k$100k$25k$25k$50kCicp Foundation IncNew in FY2023$155kColumbus Area Chamber Foundation IncOn and off$140kCenterpoint Energy Foundation IncOn and off$100kDonor-advised giftsDonors not disclosed$150k$150k$150k$15k7 other fundersUp to $50k a year each$35k$30k$10k$5k$103k$63k$20k
FundedThrough a donor-advised fundStopped