Elevate Youth INC EIN 82-1643548

Elevate Youth INC FY2021 filing

EIN  82-1643548 Public charity (501(c)(3)) Somerville, MA
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers underserved youth with enriching outdoor experiences.
Leadership
Alec Griswold · Executive Director/Founder · $58K
Money in and out
$285K revenue, $270K expenses
Bottom line
49% program efficiency

Empowers underserved youth with enriching outdoor experiences. For fiscal year 2021 it reported $285K in revenue, $270K in expenses, and $241K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$285K
Pt VIII · Ln 12
Total expenses
$270K
Pt IX · Ln 25
Net assets
$241K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $15K
Where spending went · Part IX cols B–D
Program services $0.49 Management & general $0.41 Fundraising $0.10
Program efficiency
49%
of spending reaches programs
Operating runway
10.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+5%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$285K
FY2021▼ -10%
Expenses
$270K
FY2021▲ +106%
Total assets
$247K
FY2021▲ +4%
Total liabilities
$5K
FY2021▼ -47%
Total revenue
$285K
Pt VIII · Ln 12
Total expenses
$270K
Pt IX · Ln 25
Net assets
$241K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$15K
Total assetsPt X · Ln 16$247K
Program-expense ratioPt IX · col B49%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $133K of program spending, described in the organization's own filed words · FY2021.
01

Our outdoor programs provide access to nature and outdoor recreation for underserved young people in boston who otherwise face barriers to building the habit of spending time in nature. In 2021, we served 282 youth with 126 enrichment sessions (hands on environmental education delivered on-site or at nearby green space) and over 60…

$133Kprogram 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 1a7
Independent voting membersPt VI · Ln 1b6
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director/Founder
$57,500Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$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$281K · 99%
Program service revenue$6K · 2%
Contributions & grants99%$281K
Program service revenue2%$6K
Investment income$908
Total revenueLn 12$285K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.49 Management & general $0.41 Fundraising $0.10
Program services49%$133K
Management & general41%$110K
Fundraising10%$27K
Total functional expensesLn 25$270K

Balance Sheet

Part X · end of year
CashLn 1$237K
Total assetsLn 16$247K
Total liabilitiesLn 26$5K
Total net assetsLn 32$241K
Months of cash on handcomputed10.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $237K · Operating expenses/yr $270K
10.5 months
Where the money goes
Program services
Program services $133K · Total expenses $270K
49%
Management & General
Management & general $110K · Total expenses $270K
41%
Fundraising
Fundraising $27K · Total expenses $270K
10%
Cost to raise $1
Fundraising expense (2-yr avg) $20K · Solicited contributions (2-yr avg) $284K
$0.07 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $281K · Total revenue $285K
99%
Government reliance
Government grants $0 · Total revenue $285K
0%
Earned-income share
Program service revenue $6K · Total revenue $285K
2%
Investment reliance
Investment income $908 · Total revenue $285K
0%
Program self-sufficiency
Program service revenue $6K · Total expenses $270K
2%
Growth & trend
Revenue growth (YoY)
This year $285K · Prior year $318K
-10%
Net-asset trend (YoY)
End of year $241K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $285K · Expenses $270K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $247K
Net-asset ratio
Net assets $241K · Total assets $247K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $247K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alec Griswold · Reported title EXECUTIVE DIRECTOR/FOUNDER · Highest reported compensation $58K · Total expenses $270K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $177K · Total expenses $270K
66%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 49%
Overhead ratio 41%
Fundraising cost ratio 9%
Revenue growth -10%
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.

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 · ⤓ 990 PDF
FY2023$566K revenue · ⤓ 990 PDF
FY2022$348K revenue · ⤓ 990 PDF
FY2021$285K revenue · viewing · ⤓ 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) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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