Elev8life INC FY2022 filing

Tax-deductible

Ft Lauderdale, FL501(c)(3)Arts & CultureEIN 26-1378880Revenue $194K in FY2022

On file with the IRSelev8life.org6820 Nw 34th Ave, 33309-1229 · Ft Lauderdale, FLTax-exempt since Feb 2010Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To provide experiential programs for young adults to: ~master social and emotional life skills ~rise above todays common culture of average ~experience freedom from spiritual, emotional, and physical poverty ~become responsible, fulfilled, and mature ~discover and develop their identity, strengths & purpose

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $29K a year · 16% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $7K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$15
0.10% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$194K
+147% vs prior year
Spent
$194K
To programs
72%
Net assets
$16K
By yearFY2020–FY2023
Revenue
$194K
FY2022▲ +147%
Tap a bar for its year
Revenue by fiscal year
FY2020$78K
FY2022$194K
FY2023$269K
Expenses
$194K
FY2022▲ +256%
Tap a bar for its year
Expenses by fiscal year
FY2020$54K
FY2022$194K
FY2023$207K
Net assets
$16K
FY2022▼ -55%
Tap a bar for its year
Net assets by fiscal year
FY2020$34K
FY2022$16K
FY2023$78K

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Feb 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $140K Management & general 28% · $54K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Elev8life INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowers young adults through programs to master life skills, overcome challenges, and discover their purpose.

Questions for Elev8life INC

Tap to ask. Elev8life INC sees how many people are interested.

Your first name shows with your question. Elev8life INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $140K · in their own filed words · FY2022
01

Identify Impact

LEADERSHIP INTENSIVE Our desire is to strengthen teens into tomorrow's leaders today, capable of tapping into their full potential.

$140Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$7K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$194K
Ln 12
Gifts and grantsLn 1h$121K
Fees for servicesLn 2g$72K
Other incomeLn 4–11$495
Money outPt IX
$194K
Ln 25
Programscol B$140K
Managementcol C$54K
Owns and owesPt X
$16K
net assets · Ln 32
Cash and savingsLn 1–2$16K
Total assetsLn 16$16K
LiabilitiesLn 26$15
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$121K
Fees for servicesLn 2g$72K
Other incomeLn 4–11$495
Total revenueLn 12$194K
Assets in detailPt X, end of year
CashLn 1$16K
Cash and savings togetherLn 1–2$16K
Total assetsLn 16$16K
LiabilitiesLn 26$15
Net assetsLn 32$16K
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$17K$16K
Total assetsLn 16$17K$16K
LiabilitiesLn 26$1K$15
Net assetsLn 32$16K$16K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$4K$200$3K$0
Accounting feesLn 11c$1K$0$1K$0
Advertising and promotionLn 12$56K$23K$33K$0
Office expensesLn 13$5K$0$5K$0
TravelLn 17$2K$0$2K$0
Conferences, conventions and meetingsLn 19$108K$105K$4K$0
InsuranceLn 23$160$0$160$0
Other expenses (24a–d)Ln 24$16K$12K$4K$0
All other expensesLn 24e$778$0$778$0
Total functional expensesLn 25$194K$140K$54K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $269K$207K$62K$78K 990 PDF
FY2022 Viewing $194K$194K−$499$16K 990 PDF
FY2021 Not on file
FY2020 $78K$54K$24K$34K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $193,751 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $35,610$120,829
I-9 Program service revenuePrior year $42,802$72,427
I-10 Investment income$0
I-11 Other revenue$495
I-12 Total revenuePrior year $78,412$193,751
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $54,499$194,250
I-18 Total expensesPrior year $54,499$194,250
I-19 Revenue less expensesPrior year $23,913−$499
Part VI · Governance 8 of 8 board members independent, 5 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $193,751 across 4 lines filed
Lines not itemized here account for $495 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$120,829
VIII-1h Total contributions, gifts and grants$120,829
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$72,427
VIII-12 Total revenueRelated to mission $72,922 · Unrelated business $0 · Excluded from tax $0$193,751
Part IX · Statement of functional expenses $194,250 across 9 lines filed
IX-11a Management feesPrograms $200 · Management $3,325 · Fundraising $0$3,525
IX-11c Accounting feesPrograms $0 · Management $1,300 · Fundraising $0$1,300
IX-12 Advertising and promotionPrograms $23,451 · Management $32,725 · Fundraising $0$56,176
IX-13 Office expensesPrograms $0 · Management $5,255 · Fundraising $0$5,255
IX-17 TravelPrograms $0 · Management $2,285 · Fundraising $0$2,285
IX-19 Conferences, conventions and meetingsPrograms $104,740 · Management $3,656 · Fundraising $0$108,396
IX-23 InsurancePrograms $0 · Management $160 · Fundraising $0$160
IX-24 Other expenses (24a–d)Programs $12,002 · Management $4,373 · Fundraising $0$16,375
IX-24e All other expensesPrograms $0 · Management $778 · Fundraising $0$778
IX-25 Total functional expensesPrograms $140,393 · Management $53,857 · Fundraising $0$194,250
Part X · Balance sheet $15,615 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $17,121$15,615
X-16 Total assetsStart of year $17,121$15,615
X-17 Accounts payable and accrued expensesStart of year $1,022$15
X-26 Total liabilitiesStart of year $1,022$15
X-27 Net assets without donor restrictionsStart of year $16,099$15,600
X-32 Total net assets or fund balancesStart of year $16,099$15,600
X-33 Total liabilities and net assetsStart of year $17,121$15,615
Part XI · Reconciliation of net assets $15,600 net assets at year end
XI-1 Total revenue$193,751
XI-2 Total expenses$194,250
XI-3 Revenue less expenses−$499
XI-4 Net assets at start of year$16,099
XI-10 Net assets at end of year$15,600

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.