Elevate Hope House
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Offers safe housing and support for young single mothers and children in crisis. For fiscal year 2025 it reported $424K in revenue, $152K in expenses, and $389K in net assets.Pt I
Summary of the Filing
Where the work happens
Elevate hope house had a good year by providing a safe home and support system for five single moms and their children in crisis to renew, restore, and regain self-worth. With plans of expansion, a second home was built by spring lake park hight school in the summer of 2024, and it will be placed on a plot of donated land in hame lake in…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Melinda M McDermott’s $10K as President Fo is at the 5th percentile of top reported officer pay among 2165 $100K–1M human services 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
| Name | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Melinda M McDermott | $10,000 | $30,000 | $7,200 |
| Jay Carlson | — | — | $5,000 |
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 | 44% | — | — |
| Overhead ratio | 50% | — | — |
| Fundraising cost ratio | 2% | — | — |
| Revenue growth | 640% | — | — |
| Legal fee ratio | 2% | — | — |
| Accounting fee ratio | 1% | — | — |
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.
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