Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
99 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
4 people listed on the 990.
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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 15aNo
Programs and updates
Helps new entrepreneurs start aerospace and logistics companies.
This section is blank until Elevate Aerospace & Logistics Incubator claims this page.
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Elevate offers a membership program where entrepreneurs can grow their business and ideas through virtual engagement with mentors AND/OR private office space for companies who are ready to take the next step.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $11K | $0 |
| InvestmentsLn 11–13 | $0 | |
| Land, buildings, equipmentLn 10c | $0 | |
| Total assetsLn 16 | $11K | $0 |
| LiabilitiesLn 26 | $519 | $0 |
| Net assetsLn 32 | $10K | $0 |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| OccupancyLn 16 | $1K | $1K | $125 | $14 |
| Other expenses (24a–d)Ln 24 | $10K | $10K | ||
| All other expensesLn 24e | $738 | $738 | ||
| Total functional expensesLn 25 | $12K | $12K | $125 | $14 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $2K | $12K | −$10K | $0 | 990 PDF |
| FY2024 | $6K | $54K | −$48K | $10K | 990 PDF |
| FY2023 | $158K | $101K | $57K | $58K | 990 PDF |
| FY2022 | $93K | $92K | $1K | $1K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $2,000 across 2 lines filed
Part IX · Statement of functional expenses $12,161 across 3 lines filed
Part X · Balance sheet $0 assets, 18 lines filed
Part XI · Reconciliation of net assets $0 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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