Elevate Orange County EIN 88-0716008

Elevate Orange County

EIN  88-0716008 Public charity (501(c)(3)) Santa Ana, CA Founded 2021
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Builds lasting relationships with urban youth, empowering them to succeed and contribute.
Leadership
Tommy Cota · Member
Money in and out
$157K revenue, $223K expenses
Bottom line
91% program efficiency

Builds lasting relationships with urban youth, empowering them to succeed and contribute. For fiscal year 2024 it reported $157K in revenue, $223K in expenses, and $260K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$157K
Pt VIII · Ln 12
Total expenses
$223K
Pt IX · Ln 25
Net assets
$260K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$66K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.07 Fundraising $0.02
Program efficiency
91%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
12.7mo
months of highly liquid reserves at operating expense rate▼ -27% vs prior filing year
Surplus margin
-42%
revenue over expenses, this year▼ -236% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$157K
FY2024▼ -52%
Expenses
$223K
FY20240%
Total assets
$260K
FY2024▼ -20%
Total liabilities
$182
FY2024
Total revenue
$157K
Pt VIII · Ln 12
Total expenses
$223K
Pt IX · Ln 25
Net assets
$260K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$66K
Total assetsPt X · Ln 16$260K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
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

Building long-term, life changing relationships with urban youth, equipping them to thrive and contribute to their community.

$204Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CElevate Orange County
EINHdr · item D88-0716008
Principal addressHdr · item CSanta Ana, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2021
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFJul 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
See Elevate Orange County executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants100%$157K
Total revenueLn 12$157K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.07 Fundraising $0.02
Program services91%$204K
Management & general7%$15K
Fundraising2%$4K
Total functional expensesLn 25$223K

Balance Sheet

Part X · end of year
CashLn 1$235K
Total assetsLn 16$260K
Total liabilitiesLn 26$182
Total net assetsLn 32$260K
Months of cash on handcomputed12.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $235K · Operating expenses/yr $223K
12.7 months
Where the money goes
Program services
Program services $204K · Total expenses $223K
91%
Management & General
Management & general $15K · Total expenses $223K
7%
Fundraising
Fundraising $4K · Total expenses $223K
2%
Cost to raise $1
Fundraising expense (2-yr avg) $5K · Solicited contributions (2-yr avg) $241K
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $157K · Total revenue $157K
100%
Government reliance
Government grants — · Total revenue $157K
Earned-income share
Program service revenue $0 · Total revenue $157K
0%
Investment reliance
Investment income $0 · Total revenue $157K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $223K
0%
Growth & trend
Revenue growth (YoY)
This year $157K · Prior year $324K
-52%
Net-asset trend (YoY)
End of year $260K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $157K · Expenses $223K
-42%
Liabilities-to-Assets
Total liabilities — · Total assets $260K
Net-asset ratio
Net assets $260K · Total assets $260K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $260K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Tommy Cota · Reported title MEMBER · Highest reported compensation $0 · Total expenses $223K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $189K · Total expenses $223K
85%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 7%
Fundraising cost ratio 3%
Revenue growth -52%

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
Total grants receivedfrom 1 funder$50K

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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$324K revenue · ⤓ 990 PDF
FY2023$240K 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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