To increase the number of high performing schools in Philadelphia so that all children have access to a quality education and are prepared to pursue their post-secondary goals.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$876K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $908K a year · 10% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$876K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
15 mo
of spending, in cash
Looks good: 15.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $969K
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$633K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.5M
-54% vs prior year
Spent
$6.9M
To programs
79%
Net assets
$9.3M
By yearFY2020–FY2025
Revenue
$4.5M
FY2023▼ -54%
Tap a bar for its year
Revenue by fiscal year
FY2020$15.5M
FY2021$10.5M
FY2022$9.8M
FY2023$4.5M
FY2025$4.5M
Expenses
$6.9M
FY2023▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2020$10.9M
FY2021$9.0M
FY2022$7.1M
FY2023$6.9M
FY2025$6.4M
Net assets
$9.3M
FY2023▼ -21%
Tap a bar for its year
Net assets by fiscal year
FY2020$7.5M
FY2021$9.0M
FY2022$11.7M
FY2023$9.3M
FY2025$5.5M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2010.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $5.4M Management & general 16% · $1.1M Fundraising 5% · $359K

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

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Who runs it and what they're paid

35 people listed on the 990; $876K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$244,400Pt VII · Sec A
Deputy Chief - Investments
$177,550Pt VII · Sec A
Chief Development Officer
$123,154Pt VII · Sec A
Co-Director - Development
$120,943Pt VII · Sec A
Director - Development
$107,572Pt VII · Sec A
Manager - Communications
$102,559Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Stacy E Holland’s $308K as Executive Director is at the 96th percentile of top reported officer pay among 3394 $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

NameFY2025FY2023FY2022FY2021FY2020
Stacy E Holland$307,779$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————
Eileen Walsh$131,061$120,943$118,899——

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.

See Elevate 215 executive salaries →

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Expands access to quality education in Philadelphia by operating a centralized online platform that simplifies the charter school application and enrollment process for families.

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Provided by the organization

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4 programs · $7.5M · in their own filed words · FY2023
01

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 parochial schools located in Philadelphia. Grant funding supports the expenses of startup, growth and/or improvement activities over the course of single or multiple years.

$4.5Mprogram expense
02

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.

$1.7Mprogram expense
03

Elevate 215 operates the Apply Philly Charter (www.applyphillycharter.org) platform, an online student enrollment system that manages the application and acceptance process for 71% of the public charter school campuses citywide. In 2023, over 29,000 families submitted 130,000 applications to select a K-12 public charter school.

$937Kprogram expense
04

Apply Philly Charter Elevate 215 operates the Apply Philly Charter For the period of January 1 - June 30, 2024, over 100,000 families utilized the website to gather information on over 400 school options in Philadelphia.

$341Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 9 funders →
Grants paid · 210 grants · $25.2M · 2020–2024
See all 210 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$4.5M
Ln 12
Gifts and grantsLn 1h$4.2M
Investment incomeLn 3$194K
Fees for servicesLn 2g$115K
Money outPt IX
$6.9M
Ln 25
Programscol B$5.4M
Managementcol C$1.1M
Fundraisingcol D$359K
Owns and owesPt X
$9.3M
net assets · Ln 32
Cash and savingsLn 1–2$8.7M
Total assetsLn 16$9.9M
LiabilitiesLn 26$633K
PeoplePt VI, VII
35
listed · VII A
PaidVII A6
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.2M
Fees for servicesLn 2g$115K
Investment incomeLn 3$194K
Total revenueLn 12$4.5M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$8.7M
Total assetsLn 16$9.9M
LiabilitiesLn 26$633K
Net assetsLn 32$9.3M
OperationsPt I, VI
EmployeesI 523
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $4.5M$6.4M−$1.9M$5.5M 990 PDF
FY2024 Not on file
FY2023 Viewing $4.5M$6.9M−$2.4M$9.3M 990 PDF
FY2022 $9.8M$7.1M$2.7M$11.7M 990 PDF
FY2021 $10.5M$9.0M$1.6M$9.0M 990 PDF
FY2020 $15.5M$10.9M$4.6M$7.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support J · Pay O · Explanations
See the full FY2023 990 (1 part)
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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