ELEVATE TUTORING INC (EIN 451058760) - 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

2011

Legal Domicile

Principal Officer

ROBERT WILLIAM SCHAFFER

Phone

4089158874

Tax Period

2022-07-01 to 2023-06-30

ELEVATE TUTORING INC, founded in 2011, is a small nonprofit in the Youth Development sector that reported $608K in total revenue in fiscal year 2022. Revenue surged 77% from the prior year, signaling strong growth momentum. Expenses of $566K left a modest 7% surplus.

Mission

TO CLOSE THE ACHIEVEMENT GAP BY PROVIDING FINANCIALLY DISADVANTAGED STUDENTS WITH FREE TUTORING, TRAINING, SCHOLARSHIPS AND WORK EXPERIENCE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $603,535

Program Service Revenue $2,750

Investment Income $1,888

Other Revenue $0

TOTAL REVENUE $608,173

Expense Breakdown

Grants Paid $210,357

Salaries & Benefits $292,324

Fundraising Expenses $22,533

Program Expenses $405,519

Other Expenses $62,834

TOTAL EXPENSES $565,537

Year-over-Year Comparison

	2022	2021	Change
Revenue	$608,173	$343,734	+0.8%
Expenses	$565,537	$352,676	+0.6%
Net Income	$42,636	$-8,942	-5.8%

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

$30,000

Total Directors

$30,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHERINE BRADSHAW	DIRECTOR OF PROGRAMS AND SERVICES	20.00		$34,224	$0	$34,224
ROBERT WILLIAM SCHAFFER	Founder/Board C	15.00	Officer Director	$30,000	$0	$30,000
JENNIFER PENCE	Director	3.00	Officer Director	$0	$0	$0
PETER SOTO	Director	4.00	Officer Director	$0	$0	$0
ELENE TERRY	Treasurer	3.00	Officer Director	$0	$0	$0
ROSS VENOOK	Secretary	1.00	Officer Director	$0	$0	$0
KRISTEN BRAGG	Director	3.00	Director	$0	$0	$0
NABEEL IBRAHIM	Director	2.00	Director	$0	$0	$0
RASHMEEN KAUR	Director	1.00	Director	$0	$0	$0
DOMINIC MAGDALUYO	Director	3.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$608,173	$565,537	$340,211	$42,636
2022	$343,734	$352,676	$263,004	$-8,942
2021	$237,386	$285,335	$269,640	$-47,949
2020	$240,911	$116,637	$225,061	$124,274

ELEVATE TUTORING INC