ELEVATE USA (EIN 463637392) - 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

2014

Legal Domicile

Principal Officer

KEVIN BYERLEY

Phone

7203200252

Tax Period

2024-01-01 to 2024-12-31

ELEVATE USA, founded in 2014, is a community nonprofit in the Education sector that reported $2.8M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $2.5M left a modest 11% surplus.

Mission

BUILDING LONG-TERM, LIFE-CHANGING RELATIONSHIPS WITH URBAN YOUTH, EQUIPPING THEM TO THRIVE AND CONTRIBUTE TO THEIR 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 (2024)

Revenue Breakdown

Contributions & Grants $2,660,647

Program Service Revenue $88,088

Investment Income $32,006

Other Revenue $0

TOTAL REVENUE $2,780,741

Expense Breakdown

Grants Paid $498,795

Salaries & Benefits $1,250,115

Fundraising Expenses $246,987

Program Expenses $1,971,129

Other Expenses $733,976

TOTAL EXPENSES $2,482,886

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,780,741	$2,132,106	+0.3%
Expenses	$2,482,886	$2,694,390	-0.1%
Net Income	$297,855	$-562,284	-1.5%

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

$209,015

Total Directors

$152,196

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN BYERLEY	CEO	40.00	Officer Director	$116,163	$7,287	$123,450
JOHN OLIVER	COO	40.00	Highest	$131,945	$7,532	$139,477
RHONDA RICHMOND	CHIEF PROGRA	40.00	Highest	$110,130	$3,454	$113,584
RICHARD SPECK	CFO	40.00	Officer	$83,038	$2,527	$85,565
DR ROBERT GRIFFITH	CO-CHAIR	4.00	Officer Director	$0	$0	$0
JON JAY SEAL	CO-CHAIR	4.00	Officer Director	$0	$0	$0
SHAWN MCLAUGHLIN	SECRETARY	4.00	Officer Director	$0	$0	$0
CELSO WHITE	TREASURER	4.00	Officer Director	$0	$0	$0
DEBBI SPECK	BOARD MEMBER	4.00	Director	$28,746	$0	$28,746
CHAZ MUELLER	BOARD MEMBER	2.00	Director	$0	$0	$0
JAY CLEARY	BOARD MEMBER	2.00	Director	$0	$0	$0
MARYDEL HARRIS	BOARD MEMBER	2.00	Director	$0	$0	$0
DARREN DRAGOVICH	BOARD MEMBER	2.00	Director	$0	$0	$0
LYNN COOK	BOARD MEMBER	2.00	Director	$0	$0	$0
ZKE ZIMMERMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRISTINE BESS	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK WARD	BOARD MEMBER	2.00	Director	$0	$0	$0
SCOTT COUSINO	BOARD MEMBER	2.00	Director	$0	$0	$0
MYRON LIZER	BOARD MEMBER	2.00	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
2024	$2,780,741	$2,482,886	$1,474,452	$297,855
2023	$2,132,106	$2,694,390	$1,256,988	$-562,284
2022	$2,389,198	$2,058,873	$2,635,595	$330,325
2021	$1,320,515	$1,029,520	$1,130,390	$290,995
2020	$850,872	$743,772	$1,245,716	$107,100
2019	$928,249	$893,968	$741,872	$34,281
2018	$689,427	$970,211	$708,836	$-280,784

ELEVATE USA