Elevate Edgerton Inc
EIN: 814464833 · Edgerton, KS · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $220K |
| Total Expenses | $217K |
| Net Assets | $37K |
Is Elevate Edgerton Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elevate Edgerton Inc
Elevate Edgerton Inc (EIN: 814464833) is a nonprofit organization based in Edgerton, KS, classified under NTEE code S30. The organization reported total revenue of $220K and total assets of $48K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elevate Edgerton Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elevate Edgerton Inc is a small nonprofit that has been operating for 8 years, with 8 years of IRS 990 filings on record (2016–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $206K |
| Total Expenses | $217K |
| Surplus / Deficit | $-10,696 |
| Total Assets | $38K |
| Total Liabilities | $889 |
| Net Assets | $37K |
| Operating Margin | -5.2% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 2.1 months |
Financial Health Grade: C
In 2023, Elevate Edgerton Inc reported a deficit of $11K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.7% | -5.5% | -30.2% |
| 2022 | +4.0% | +21.8% | -21.9% |
| 2021 | -4.5% | +0.1% | +39.4% |
| 2020 | +49.5% | +6.4% | +103.1% |
| 2019 | -19.1% | -1.4% | -59.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elevate Edgerton Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Elevate Edgerton Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.3%.
Frequently Asked Questions about Elevate Edgerton Inc
Is Elevate Edgerton Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elevate Edgerton Inc (EIN: 814464833) insufficient data. 0 red flags identified, 0 strengths noted.
How does Elevate Edgerton Inc spend its money?
Detailed spending breakdown data is not yet available for Elevate Edgerton Inc. Check back for updated IRS 990 analysis.
Are donations to Elevate Edgerton Inc tax-deductible?
Elevate Edgerton Inc is registered as a tax-exempt nonprofit (EIN: 814464833). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elevate Edgerton Inc located?
Elevate Edgerton Inc is headquartered in Edgerton, Kansas and files with the IRS under EIN 814464833. It is classified under NTEE code S30.
How many years of IRS 990 filings does Elevate Edgerton Inc have?
Elevate Edgerton Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $220K in total revenue.
Filing History
IRS 990 filing history for Elevate Edgerton Inc showing financial trends over 8 years of public records:
Total assets decreased by 11% over the same period, from $43K to $38K. Total functional expenses rose by 2858.5%, from $7K to $217K. In its most recent filing year (2023), Elevate Edgerton Inc reported a deficit of $11K, with expenses exceeding revenue. The organization holds $889 in liabilities against $38K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $37K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $206K | $217K | $38K | $889 | — | View 990 |
| 2022 | $214K | $229K | $54K | $7K | — | View 990 |
| 2021 | $206K | $188K | $70K | $6K | — | View 990 |
| 2020 | $215K | $188K | $50K | $4K | — | — |
| 2019 | $144K | $177K | $25K | $57K | — | View 990 |
| 2018 | $178K | $179K | $60K | $61K | — | View 990 |
| 2017 | $143K | $135K | $52K | $52K | — | — |
| 2016 | $0 | $7K | $43K | $50K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $206K, expenses of $217K, and assets of $38K (revenue -3.7% year-over-year).
- 2022: Revenue of $214K, expenses of $229K, and assets of $54K (revenue +4.0% year-over-year).
- 2021: Revenue of $206K, expenses of $188K, and assets of $70K (revenue -4.5% year-over-year).
- 2020: Revenue of $215K, expenses of $188K, and assets of $50K (revenue +49.5% year-over-year).
- 2019: Revenue of $144K, expenses of $177K, and assets of $25K (revenue -19.1% year-over-year).
- 2018: Revenue of $178K, expenses of $179K, and assets of $60K (revenue +24.6% year-over-year).
- 2017: Revenue of $143K, expenses of $135K, and assets of $52K.
- 2016: Revenue of $0, expenses of $7K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elevate Edgerton Inc:
Data Sources and Methodology
This transparency report for Elevate Edgerton Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.