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Nonprofiteer
← ELEVATE HOPE INC

Form 990 for tax year 2024

Filed by ELEVATE HOPE INC.

What the amendment changed

Compared with the return it replaced , filed 26 January 2026 — the latest of 2 it replaced. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Those are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$9,818,688
Total expenses
$7,606,621
Contributions and grants received
$9,818,688
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$3,210,754
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$3,210,754
Program services expenses (Part IX)
$6,816,237
Management and general expenses
$746,966
Fundraising expenses
$43,418
Program service expenses (Part III)
$6,816,237

Program services were 89.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,100,669

  • 1f · All other contributions, gifts and grants

    $8,718,019

  • 1g · Noncash contributions included above

    $8,319,703

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $303,115 · program services $208,352 · management and general $71,316 · fundraising $23,447

  • 10 · Payroll taxes

    total $32,999 · program services $22,682 · management and general $7,764 · fundraising $2,553

  • 11b · Fees: legal

    total $8,955 · management and general $8,955

  • 11c · Fees: accounting

    total $9,526 · management and general $9,526

  • 11g · Fees: other

    total $1,735 · program services $1,193 · management and general $408 · fundraising $134

  • 14 · Information technology

    total $1,391 · program services $956 · management and general $327 · fundraising $108

  • 16 · Occupancy

    total $5,258 · program services $2,103 · management and general $2,103 · fundraising $1,052

  • 17 · Travel

    total $43,150 · program services $29,660 · management and general $10,152 · fundraising $3,338

  • 22 · Depreciation, depletion and amortization

    total $51,263 · program services $35,237 · management and general $12,061 · fundraising $3,965

  • 23 · Insurance

    total $19,661 · program services $13,514 · management and general $4,626 · fundraising $1,521

  • 24a · Other expenses: DONATED ITEMS

    total $6,437,670 · program services $6,437,670

  • 24b · Other expenses: LOSS RELATED TO UNAUTHO

    total $597,524 · management and general $597,524

  • 24c · Other expenses: SUPPLIES

    total $79,750 · program services $54,818 · management and general $18,763 · fundraising $6,169

  • 24d · Other expenses: REPAIRS AND MAINTENANCE

    total $5,861 · program services $4,029 · management and general $1,379 · fundraising $453

  • 24e · All other expenses

    total $8,763 · program services $6,023 · management and general $2,062 · fundraising $678

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $574,746 · end of year $1,034,408

  • 4 · Accounts receivable

    end of year $50,669

  • 10a · Land, buildings and equipment: cost or other basis

    $491,765

  • 10b · Land, buildings and equipment: accumulated depreciation

    $217,119

  • 10c · Land, buildings and equipment, net

    beginning of year $305,446 · end of year $274,646

  • 15 · Other assets

    beginning of year $0 · end of year $1,851,031

  • 25 · Other liabilities

    beginning of year $145 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $880,047 · end of year $3,210,754

Mission and programs · 2024

Mission

(CONT FROM PG 1)SPORTS LEAGUES, AFTER SCHOOL TUTORING, STEM MEDIA LAB, CULINARY ARTS KITCHEN, PERFORMING ARTS STUDIO, MUSIC, ACTING, FASHION DESIGN, ETIQUETTE COURSES, RESUME BUILDING WORKSHOPS, ANTI-BULLYING CLASSES, MENTAL HEALTH/STRESS MANAGEMENT, AND BEYOND.

Activities or mission (Part I)

CONNECT CULTURE CREATORS & LEADERS TO LOCAL COMMUNITIES TO PROVIDE RESOURCES RANGING FROM... ...SPORTS LEAGUES, AFTER SCHOOL TUTORING, STEM MEDIA LAB, CULINARY ARTS KITCHEN, PERFORMING ARTS STUDIO, MUSIC, ACTING, FASHION DESIGN, ETIQUETTE COURSES, RESUME BUILDING WORKSHOPS, ANTI-BULLYING CLASSES, MENTAL HEALTH/STRESS MANAGEMENT, AND BEYOND.

  • PROVIDE SERVICES FOR THE LOCAL COMMUNITY, INCLUDING EDUCATIONAL, RECREATIONAL, HUMANITARIAN, ATHLETIC, MENTORING, AND CREATIVE EMPOWERMENT.

    Expenses $6,816,237

As filed on the 2024 return.

Listed in Part VII

  • Chad Wehba

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Bridget Gless Keller

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Justin Mayo

    EXECUTIVE DIRECTOR

    Total calculated
    $111,000
    From this org
    $111,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

  • Rick Rushton

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Jeanne Mayo

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Dan Kang

    TREASURER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
11 March 2026
IRS schema version
2024v5.5
Source object
202620709349301597

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