Community Project Elevation INC EIN 30-0992739

Community Project Elevation INC FY2022 filing

EIN  30-0992739 Public charity (501(c)(3)) Tampa, FL
Form 990 (PDF)
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Size
$100K–1M
What they do
Connects families with community help through practical, holistic support.
Leadership
Emmanuel a Akah · Executive of · $78K
Money in and out
$532K revenue, $575K expenses
Bottom line
84% program efficiency

Connects families with community help through practical, holistic support. For fiscal year 2022 it reported $532K in revenue, $575K in expenses, and $37K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$532K
Pt VIII · Ln 12
Total expenses
$575K
Pt IX · Ln 25
Net assets
$37K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$43K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.16
Program efficiency
84%
of spending reaches programs
Operating runway
0.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$532K
FY2022▲ +36%
Expenses
$575K
FY2022▲ +72%
Total assets
$37K
FY2022▼ -49%
Total liabilities
$0
FY2022
Total revenue
$532K
Pt VIII · Ln 12
Total expenses
$575K
Pt IX · Ln 25
Net assets
$37K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$43K
Total assetsPt X · Ln 16$37K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2022.
01

Assisted over 103 youths in our care by assisting them with school, jobs, social development, interacting with the public and financial literacy

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCommunity Project Elevation INC
EINHdr · item D30-0992739
Principal addressHdr · item CTampa, FL
WebsiteHdr · item Jwww.cpeincp.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L41)
Ruling yearIRS BMFFeb 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive of
$78,276Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Emmanuel a Akah’s $65K as Executive of is at the 76th percentile of top reported officer pay among 140 <$100K housing 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 · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Emmanuel a Akah$65,437$78,276$63,056$20,700

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 & grants100%$532K
Total revenueLn 12$532K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.16
Program services84%$481K
Management & general16%$94K
Total functional expensesLn 25$575K

Balance Sheet

Part X · end of year
CashLn 1$7K
Total assetsLn 16$37K
Total liabilitiesLn 26$0
Total net assetsLn 32$37K
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7K · Operating expenses/yr $575K
0.1 months
Where the money goes
Program services
Program services $481K · Total expenses $575K
84%
Management & General
Management & general $94K · Total expenses $575K
16%
Fundraising
Fundraising $0 · Total expenses $575K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $408K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $532K · Total revenue $532K
100%
Government reliance
Government grants — · Total revenue $532K
Earned-income share
Program service revenue $0 · Total revenue $532K
0%
Investment reliance
Investment income $0 · Total revenue $532K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $575K
0%
Growth & trend
Revenue growth (YoY)
This year $532K · Prior year $391K
+36%
Net-asset trend (YoY)
End of year $37K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $532K · Expenses $575K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $37K
Net-asset ratio
Net assets $37K · Total assets $37K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $37K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Emmanuel a Akah · Reported title EXECUTIVE OF · Highest reported compensation $78K · Total expenses $575K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $388K · Total expenses $575K
67%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 16%
Fundraising cost ratio 0%
Revenue growth 36%
Accounting 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 · FY2021
Total grants receivedfrom 1 funder$1K

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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)$170K revenue · ⤓ 990 PDF
FY2023$551K revenue · ⤓ 990 PDF
FY2022$532K revenue · viewing · ⤓ 990 PDF
FY2021$391K revenue · ⤓ 990 PDF
FY2020$303K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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