Elevate Indianapolis Inc
- Assets
- $1.6m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 06/2016
- Data as of
- 06/2022
- EIN
- 81-0807405
Organization Overview
Elevate Indianapolis Inc is located in Indianapolis, IN. The organization was established in 2016. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elevate Indianapolis Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Elevate Indianapolis Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 59.9% each year . All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 56.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO BUILD LONG-TERM, LIFE-CHANGING RELATIONSHIPS WITH INDIANAPOLIS URBAN YOUTH, EQUIPPING THEM TO THRIVE AND CONTRIBUTE TO THEIR COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MISSION IS TO BUILD LONG-TERM, LIFE-CHANGING RELATIONSHIPS WITH INDIANAPOLIS URBAN YOUTH, EQUIPPING THEM TO THRIVE AND CONTRIBUTE TO THEIR COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Cosler Chairman | OfficerTrustee | 4 | $0 |
Aaron Story President And CEO | OfficerTrustee | 40 | $0 |
Rochelle Woods Vice Chairman | OfficerTrustee | 4 | $0 |
Lezlie Heath Board Member | Trustee | 1 | $0 |
Brandon Powell Board Member | Trustee | 1 | $0 |
Pete Watson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,438,668 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,438,668 |
| Total Program Service Revenue | $0 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,439,014 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $754,435 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $31,808 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,170 |
| Advertising and promotion | $12,650 |
| Office expenses | $13,798 |
| Information technology | $11,479 |
| Royalties | $0 |
| Occupancy | $8,100 |
| Travel | $24,222 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,336 |
| Insurance | $9,200 |
| All other expenses | $5,773 |
| Total functional expenses | $1,082,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,059,929 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $478,590 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $14,571 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,553,090 |
| Accounts payable and accrued expenses | $26,724 |
| Grants payable | $0 |
| Deferred revenue | $691,567 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $718,291 |
| Net assets without donor restrictions | $594,799 |
| Net assets with donor restrictions | $240,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,553,090 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Elevate Indianapolis Inc has recieved totaling $235,620.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $181,550 |
Childrens Bureau Inc Indianapolis, IN PURPOSE: TO SUPPORT CHILDREN'S PROGRAMMING | $28,720 |
Central Indiana Community Foundation Inc Indianapolis, IN PURPOSE: General Operations | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $6,750 |
Hamilton County Community Foundation Inc Fishers, IN PURPOSE: To Be Used at the Organization's Discretion | $6,000 |
Nina Mason Pulliam Charitable Tr Indianapolis, IN PURPOSE: EMPLOYEE MATCHING GIFT PROGRAM | $2,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Riverbend Head Start Delegate Inc Alton, IL | $2,230,032 | $11,645,370 |
Edchoice Inc Indianapolis, IN | $20,542,454 | $10,117,129 |
Teachers Treasures Inc Indianapolis, IN | $1,070,406 | $9,359,257 |
Academy For Urban School Leadership Chicago, IL | $9,385,123 | $10,302,671 |
Primo Center For Women And Children Chicago, IL | $5,281,489 | $8,337,109 |
North Chicago Education Fund Chicago, IL | $29,249,144 | $33,611 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |
Rockford Rescue Mission Ministries Rockford, IL | $21,367,986 | $9,020,470 |
Hands Of Hope Of Illinois Joliet, IL | $1,296,526 | $5,994,753 |
Communities In Schools Of Chicago Chicago, IL | $8,973,055 | $9,274,759 |
Uw-Platteville Real Estate Foundation Inc Platteville, WI | $45,856,338 | $5,901,983 |
Kauffman Scholars Inc Kansas City, MO | $2,305,850 | $5,242,341 |