Elevate Academy

Organization Overview

Elevate Academy is located in Caldwell, ID. The organization was established in 2018. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Elevate Academy employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elevate Academy 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 Academy generated $8.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $7.4m during the year ending 06/2022. While expenses have increased by 18.7% per year over the past 3 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PUBLIC EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SCHOOL IS AN INDEPENDENT STATE-FUNDED PUBLIC CHARTER SCHOOL GOVERNED UNDER TITLE 33, CHAPTER 52 OF IDAHO CODE. IT PROVIDES INNOVATIVE EDUCATIONAL CURRICULA WITHIN THE PUBLIC SCHOOL SYSTEM BUT INDEPENDENT FROM THE TRADITIONAL STRUCTURE. VIRTUALLY ALL REVENUES AND EXPENSES RELATE TO THIS SINGLE PROGRAM SERVICE.


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Board, Officers & Key Employees

Name (title)Compensation
Monica White
Co-Admin
$126,067
Matt Strong
Co-Admin
$113,401
Erik Bullock
Chair
$0
Kellie Foreman
Member
$0
Amy Rojas
Member
$0
Brooke Stevenson
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $7,415,037
All other contributions, gifts, grants, and similar amounts not included above$803,941
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$8,218,978
Total Program Service Revenue$0
Investment income $2,557
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 $8,221,535

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Elevate Academy has recieved totaling $813,112.

Awarding OrganizationAmount
Bluum Inc

Boise, ID

|

$508,204
Charter Fund Inc

Broomfield, CO

PURPOSE: CHARTER SCHOOL GROWTH

$250,000
Bluum Inc

Boise, ID

|

$41,908
Robert & Elaine Batt Charitable Tr

Caldwell, ID

PURPOSE: SCHOLARSHIP

$12,000
Building Hope Holdings Inc

Washington, DC

PURPOSE: GENERAL SUPPORT

$1,000
View Grant Recipient Profile

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