Elevate Youth INC EIN 82-1643548

Elevate Youth INC

EIN  82-1643548 Public charity (501(c)(3)) Somerville, MA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Empowers underserved youth with enriching outdoor experiences.
Leadership
Chaya Harris · Executive Dir. · $51K
Money in and out
$344K revenue, $395K expenses
Bottom line
52% program efficiency

Empowers underserved youth with enriching outdoor experiences. For fiscal year 2024 it reported $344K in revenue, $395K in expenses, and $323K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$344K
Pt VIII · Ln 12
Total expenses
$395K
Pt IX · Ln 25
Net assets
$323K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$51K
Where spending went · Part IX cols B–D
Program services $0.52 Management & general $0.32 Fundraising $0.16
Program efficiency
52%
of spending reaches programs▼ -9% vs prior filing year
Operating runway
9.3mo
months of highly liquid reserves at operating expense rate▼ -17% vs prior filing year
Surplus margin
-15%
revenue over expenses, this year▼ -150% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$344K
FY2024▼ -39%
Expenses
$395K
FY2024▼ -1%
Total assets
$343K
FY2024▼ -9%
Total liabilities
$20K
FY2024▲ +328%
Total revenue
$344K
Pt VIII · Ln 12
Total expenses
$395K
Pt IX · Ln 25
Net assets
$323K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$51K
Total assetsPt X · Ln 16$343K
Program-expense ratioPt IX · col B52%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $204K of program spending, described in the organization's own filed words · FY2024.
01

Elevate Youth programs help dismantle barriers for youth in under resourced communities. We provide access to the outdoors and positive adult mentors in order to provide more equitable access for youth in Boston.

$204Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CElevate Youth INC
EINHdr · item D82-1643548
Principal addressHdr · item CSomerville, MA
WebsiteHdr · item Jwww.elevateyouthoutdoors.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFJun 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$51,077Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Chaya Harris’s $51K as Executive Dir. is at the 41st percentile of top reported officer pay among 1984 $100K–1M youth development 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 · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Thomas Alexander Griswold$57,501$55,289
Alec Griswold$57,500
Chaya Harris$51,077
Sophia Gould$48,373
Waddy Stryker$44,283
Camden J Regan$24,691

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 & grants$324K · 94%
Program service revenue$9K · 3%
Investment income$11K · 3%
Contributions & grants94%$324K
Program service revenue3%$9K
Investment income3%$11K
Total revenueLn 12$344K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.52 Management & general $0.32 Fundraising $0.16
Program services52%$204K
Management & general32%$126K
Fundraising16%$65K
Total functional expensesLn 25$395K

Balance Sheet

Part X · end of year
CashLn 1$304K
Total assetsLn 16$343K
Total liabilitiesLn 26$20K
Total net assetsLn 32$323K
Months of cash on handcomputed9.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $304K · Operating expenses/yr $395K
9.3 months
Where the money goes
Program services
Program services $204K · Total expenses $395K
52%
Management & General
Management & general $126K · Total expenses $395K
32%
Fundraising
Fundraising $65K · Total expenses $395K
16%
Cost to raise $1
Fundraising expense (3-yr avg) $66K · Solicited contributions (3-yr avg) $397K
$0.17 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $324K · Total revenue $344K
94%
Government reliance
Government grants — · Total revenue $344K
Earned-income share
Program service revenue $9K · Total revenue $344K
3%
Investment reliance
Investment income $11K · Total revenue $344K
+3%
Program self-sufficiency
Program service revenue $9K · Total expenses $395K
2%
Growth & trend
Revenue growth (YoY)
This year $344K · Prior year $566K
-39%
Revenue CAGR
FY2019 $132K · FY2024 $344K
+21%
Net-asset trend (YoY)
End of year $323K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $344K · Expenses $395K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $343K
Net-asset ratio
Net assets $323K · Total assets $343K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $343K
0%
People & payroll
Highest Reported Total Compensation
Individual Chaya Harris · Reported title Executive Dir. · Highest reported compensation $51K · Total expenses $395K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $277K · Total expenses $395K
70%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 52%
Overhead ratio 32%
Fundraising cost ratio 20%
Revenue growth -39%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 5%
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

Schedule I · funders on record
Grants received · FY2024
See all 11 funders →

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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)$344K revenue · viewing · ⤓ 990 PDF
FY2023$566K revenue · ⤓ 990 PDF
FY2022$348K revenue · ⤓ 990 PDF
FY2021$285K revenue · ⤓ 990 PDF
FY2020$318K revenue · ⤓ 990 PDF
FY2019$132K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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