ELEVATE NEW YORK INC (EIN 271367166) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

MARK SETTLES

Phone

9144738737

Tax Period

2023-07-01 to 2024-06-30

ELEVATE NEW YORK INC, founded in 2009, is a small nonprofit in the Youth Development sector that reported $268K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $236K left a modest 12% surplus.

Mission

BUILDING LONG-TERM, LIFE CHANGING RELATIONSHIPS WITH YOUTH THEREBY EQUIPPING THEM TO THRIVE AND CONTRIBUTE TO THIER COMMUNITY

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $267,889

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $267,889

Expense Breakdown

Grants Paid $0

Salaries & Benefits $189,468

Fundraising Expenses $12,802

Program Expenses $133,879

Other Expenses $46,323

TOTAL EXPENSES $235,791

Year-over-Year Comparison

	2023	2022	Change
Revenue	$267,889	$326,552	-0.2%
Expenses	$235,791	$329,546	-0.3%
Net Income	$32,098	$-2,994	-11.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$35,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK SETTLES	EXECUTIVE DI	60.00	Officer	$35,000	$0	$35,000
HEATHER ATRIA	MANAGER/LEGA	N/A	Director	$0	$0	$0
MARQUES JOHNSON	INHOUSE COUN	N/A	Director	$0	$0	$0
ANDREW JOPLING	VICE PRESIDE	N/A	Director	$0	$0	$0
COREY MCBRIDE	DIR OF COMPL	N/A	Director	$0	$0	$0
NERMIS ROSARIO	CFO	N/A	Director	$0	$0	$0
JUAN TAVAREZ	INVESTMENT A	N/A	Director	$0	$0	$0
KEVIN SINGLETON	VP LEADERSHI	N/A	Officer	$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
2025	No data	No data	No data	No data
2024	$267,889	$235,791	$78,645	$32,098
2023	$326,552	$329,546	$43,057	$-2,994
2022	$180,747	$366,719	$46,051	$-185,972
2021	$565,542	$376,402	$245,821	$189,140

ELEVATE NEW YORK INC