Elevate 215
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Expands access to quality education in Philadelphia by operating a centralized online platform that simplifies the charter school application and enrollment process for families. For fiscal year 2025 it reported $4.5M in revenue, $6.4M in expenses, and $5.5M in net assets.Pt I
Summary of the Filing
Where the work happens
School and Talent Grants Elevate 215 makes grants to school operators to support the start-up, expansion, or the capacity building of public, public charter, and catholic schools located in Philadelphia. Grant funding supports the expenses of startup, growth and/or improvement activities over the course of single or multiple years.
Apply Philly Charter Elevate 215 operates the Apply Philly Charter For the period ended June 30, 2025, over 150,000 families utilized the website to gather information on over 400 school options in Philadelphia.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Stacy E Holland’s $308K as Executive Director is at the 96th percentile of top reported officer pay among 3392 $1–10M education 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 · 8 named individuals · Part VII
| Name | FY2025 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Stacy E Holland | $307,779 | — | — | — | — |
| Stacy E Holland | — | $244,400 | $248,220 | $123,163 | — |
| Mark J Gleason | — | — | — | — | $223,800 |
| Miriam S Zahavy | — | — | — | $212,581 | $151,000 |
| Scott Gaiber | $187,526 | $177,550 | — | — | — |
| Mark J Gleason End 82021 | — | — | — | $187,116 | — |
| Lydia S Glassie | — | — | — | — | $179,819 |
| Letisha Laws | $165,523 | — | — | — | — |
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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 78% | — | — |
| Overhead ratio | 16% | — | — |
| Fundraising cost ratio | 8% | — | — |
| Revenue growth | 1% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 3% | — | — |
| 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
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Filings & Schedule Manifest
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Sources
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