Elevation Scholars Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 385,500 | 146,384 | 239,116 | 19.6 | 0% |
| 2016 | 514,255 | 379,870 | 134,385 | 11.8 | 0% |
| 2017 | 743,947 | 355,387 | 388,560 | 25.7 | 0% |
| 2018 | 206,953 | 430,487 | −223,534 | 15.0 | 0% |
| 2019 | 550,132 | 590,106 | −39,974 | 8.3 | 0% |
| 2020 | 648,066 | 767,841 | −119,775 | 4.5 | 51% |
| 2021 | 972,043 | 830,609 | 141,434 | 6.4 | 46% |
| 2022 | 1,003,250 | 1,242,756 | −239,506 | 1.6 | 40% |
| 2023 | 1,352,551 | 1,321,004 | 31,547 | 1.8 | 44% |
In its most recent public year (2023), this organization brought in $31,547 more than it spent. Its reserves stood at about 1.8 months of spending, down from 19.6 in 2015. Staff pay was 44% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Elevation Scholars Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works