Elementz EIN 04-3698700

Elementz FY2021 filing

EIN  04-3698700 Public charity (501(c)(3)) Cincinnati, OH
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers urban youth through Hip Hop culture, fostering civic engagement and positive community change.
Leadership
Damian Hoskins · Executive Dir. · $89K
Money in and out
$716K revenue, $736K expenses
Bottom line
84% program efficiency

Empowers urban youth through Hip Hop culture, fostering civic engagement and positive community change. For fiscal year 2021 it reported $716K in revenue, $736K in expenses, and $392K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$716K
Pt VIII · Ln 12
Total expenses
$736K
Pt IX · Ln 25
Net assets
$392K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$20K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.13 Fundraising $0.03
Program efficiency
84%
of spending reaches programs
Operating runway
7.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$716K
FY2021▲ +14%
Expenses
$736K
FY2021▲ +37%
Total assets
$547K
FY2021▼ -4%
Total liabilities
$155K
FY2021▼ -2%
Total revenue
$716K
Pt VIII · Ln 12
Total expenses
$736K
Pt IX · Ln 25
Net assets
$392K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$20K
Total assetsPt X · Ln 16$547K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

1 program service account for $620K of program spending, described in the organization's own filed words · FY2021.
01

During 2021, Elementz served 2,000 students in Creative Furtures Programs in 15 schools across 3 school districts, 100 students in DJ classes and 50 students in the Poetry Program.

$620Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CElementz
EINHdr · item D04-3698700
Principal addressHdr · item CCincinnati, OH
WebsiteHdr · item Jwww.elementz.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCrime & Legal (I20)
Ruling yearIRS BMFNov 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$89,144Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Damian Hoskins’s $109K as Executive Dir. is at the 83rd percentile of top reported officer pay among 1398 $100K–1M crime & legal nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Damian Hoskins$108,846$104,947$105,000$89,144
Tom Kent Non-Voting$66,442

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$598K · 83%
Program service revenue$117K · 16%
Contributions & grants83%$598K
Program service revenue16%$117K
Other revenue$1K
— government grantsLn 1e$24K
Total revenueLn 12$716K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.13 Fundraising $0.03
Program services84%$620K
Management & general13%$95K
Fundraising3%$20K
Total functional expensesLn 25$736K

Balance Sheet

Part X · end of year
CashLn 1$485K
Total assetsLn 16$547K
Total liabilitiesLn 26$155K
Total net assetsLn 32$392K
Months of cash on handcomputed7.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $485K · Operating expenses/yr $736K
7.9 months
Where the money goes
Program services
Program services $620K · Total expenses $736K
84%
Management & General
Management & general $95K · Total expenses $736K
13%
Fundraising
Fundraising $20K · Total expenses $736K
3%
Cost to raise $1
Fundraising expense (2-yr avg) $14K · Solicited contributions (2-yr avg) $501K
$0.03 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $598K · Total revenue $716K
83%
Government reliance
Government grants $24K · Total revenue $716K
3%
Earned-income share
Program service revenue $117K · Total revenue $716K
16%
Investment reliance
Investment income $0 · Total revenue $716K
0%
Program self-sufficiency
Program service revenue $117K · Total expenses $736K
16%
Growth & trend
Revenue growth (YoY)
This year $716K · Prior year $626K
+14%
Net-asset trend (YoY)
End of year $392K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $716K · Expenses $736K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $547K
Net-asset ratio
Net assets $392K · Total assets $547K
72%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $547K
0%
People & payroll
Highest Reported Total Compensation
Individual Damian Hoskins · Reported title Executive Dir. · Highest reported compensation $89K · Total expenses $736K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $527K · Total expenses $736K
72%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 13%
Fundraising cost ratio 3%
Revenue growth 14%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$25K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$368K revenue · ⤓ 990 PDF
FY2023$582K revenue · ⤓ 990 PDF
FY2022$639K revenue · ⤓ 990 PDF
FY2021$716K revenue · viewing · ⤓ 990 PDF
FY2020$626K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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