Elevate Life

EIN: 237401466 501(c)(3) Health Care

Minneapolis, MN

Total Revenue
$413,466
Total Expenses
$395,447
Total Assets
$398,744
Net Assets
$325,144
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
MN
Principal Officer
ANNA SCHMIDT
Phone
6512919473
Tax Period
2024-01-01 to 2024-12-31

Elevate Life, founded in 1974, is a small nonprofit in the Health Care sector that reported $413K in total revenue in fiscal year 2024. Expenses of $395K left a modest 4% surplus.

Mission

ELEVATE LIFE IS A PRO-LIFE ORGANIZATION DEDICATED TO THE BELIEF THAT EVERYONE HAS THE RIGHT TO LIFE FROM CONCEPTION TO NATURAL DEATH. ELEVATE LIFE FULFILLS THIS MISSION BY OFFERING SERVICES TO A NETWORK OF AFFILIATED PREGNANCY CENTERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $400,128
Program Service Revenue $0
Investment Income $86
Other Revenue $13,252
TOTAL REVENUE $413,466

Expense Breakdown

Grants Paid $15,920
Salaries & Benefits $214,957
Fundraising Expenses $38,354
Program Expenses $293,239
Other Expenses $164,570
TOTAL EXPENSES $395,447

Year-over-Year Comparison

2024 2023 Change
Revenue $413,466 $423,980 0.0%
Expenses $395,447 $358,360 +0.1%
Net Income $18,019 $65,620 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
8
Employees
8
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHLEEN HANSEL PRESIDENT 40.00
$78,573 $14,646 $93,219
ELIZABETH ATKINSON GENERAL BOARD 1.00
Director
$0 $0 $0
JENNIFER GILBERT GENERAL BOARD 1.00
Director
$0 $0 $0
PAT CAPPELERI GENERAL BOARD 1.00
Director
$0 $0 $0
MATT DEAN GENERAL BOARD 1.00
Director
$0 $0 $0
BILL MARSELLA GENERAL BOARD 1.00
Director
$0 $0 $0
JON GUDEN CHAIRMAN 1.00
Officer Director
$0 $0 $0
MONA FREEBERG TREASURER 1.00
Officer Director
$0 $0 $0
KATHY RICKE SECRETARY 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $413,466 $395,447 $398,744 $18,019
2023 $423,980 $358,360 $389,457 $65,620
2022 $341,974 $384,041 $369,805 $-42,067
2021 $364,000 $370,829 $334,263 $-6,829
2020 $337,527 $357,924 $320,559 $-20,397
2019 $352,381 $416,197 $355,212 $-63,816
2018 $309,038 $486,821 $382,519 $-177,783
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Elevate Life with other nonprofits in Minnesota and across the country.