ELEVATE NEW ENGLAND INC

EIN: 812111126 501(c)(3) Youth Development

LOWELL, MA

Total Revenue
$2,151,693
Total Expenses
$2,114,725
Total Assets
$1,418,912
Net Assets
$1,246,826
🔒

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
2016
Legal Domicile
MA
Principal Officer
RHEA GORDON
Phone
9784586064
Tax Period
2024-07-01 to 2025-06-30

ELEVATE NEW ENGLAND INC, founded in 2016, is a community nonprofit in the Youth Development sector that reported $2.2M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

BUILD LONG TERM, LIFE CHANGING RELATIONSHIPS WITH URBAN YOUTH, EQUIPPING THEM FOR A PLAN FOR THE FUTURE TO THRIVE AND CONTRIBUTE TO THEIR COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $1,552,367

POSITIVE YOUTH DEVELOPMENT ORGANIZATION THAT PLACES FULL-TIME DIVERSE TEACHER/MENTORS IN HIGH SCHOOL CLASSROOMS TO TEACH CHARACTER AND LEADERSHIP DEVELOPMENT SKILLS USING A COMPREHENSIVE...

Read more

POSITIVE YOUTH DEVELOPMENT ORGANIZATION THAT PLACES FULL-TIME DIVERSE TEACHER/MENTORS IN HIGH SCHOOL CLASSROOMS TO TEACH CHARACTER AND LEADERSHIP DEVELOPMENT SKILLS USING A COMPREHENSIVE, ETHICS-BASED CURRICULUM. IN THE NEW ENGLAND AREA, MANY URBAN YOUTH LACK EVEN ONE CARING ADULT IN THEIR LIVES, LEADING DIRECTLY TO INCREASED DROPOUT RATES, UNEMPLOYMENT, CRIME, AND OTHER ROADBLOCKS TO THEIR SUCCESS. ELEVATE'S PROGRAMS HAVE BEEN PROVEN EFFECTIVE IN CHANGING THESE TRENDS AND TRANSFORMING LIVES OF OUR NATION'S YOUTH.

Program 2
Expenses: $39,257 Revenue: $56,822

POSITIVE YOUTH DEVELOPMENT THROUGH HEALTHY FUTURES CURRICULUM, WHICH INCLUDES CLASSROOM-BASED EDUCATION, PEER EDUCATION THROUGH AFTER-SCHOOL AND SUMMER PROGRAMS, PARENT EDUCATION WORKSHOPS, SCHOOL...

Read more

POSITIVE YOUTH DEVELOPMENT THROUGH HEALTHY FUTURES CURRICULUM, WHICH INCLUDES CLASSROOM-BASED EDUCATION, PEER EDUCATION THROUGH AFTER-SCHOOL AND SUMMER PROGRAMS, PARENT EDUCATION WORKSHOPS, SCHOOL AND COMMUNITY CONNECTIONS, AND WEB-BASED RESOURCES. THESE PROGRAMS PROVIDE A HOLISTIC, MULTIFACETED APPROACH PROMOTING POSITIVE YOUTH DEVELOPMENT. HEALTHY FUTURES IS DEDICATED TO EMPOWERING ADOLESCENTS TO AVOID THE HEALTH, SOCIAL, AND PSYCHOLOGICAL CONSEQUENCES OF RISKY DECISIONS BY EQUIPPING STUDENTS WITH THE TOOLS AND EDUCATED SUPPORT SYSTEM THEY NEED TO MAKE HEALTHY CHOICES.

🔒

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 $2,060,309
Program Service Revenue $56,822
Investment Income $34,562
Other Revenue $0
TOTAL REVENUE $2,151,693

Expense Breakdown

Grants Paid $13,705
Salaries & Benefits $1,600,894
Fundraising Expenses $289,593
Program Expenses $1,591,624
Other Expenses $452,126
TOTAL EXPENSES $2,114,725

Year-over-Year Comparison

2024 2023 Change
Revenue $2,151,693 $1,903,338 +0.1%
Expenses $2,114,725 $1,937,076 +0.1%
Net Income $36,968 $-33,738 -2.1%
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
7
Employees
28
Volunteers
15

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
6
$266,869
Total Directors
9
$266,869
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES POCOCK CEO/DIRECTOR 40.00
Officer Director
$126,250 $9 $126,259
RHEA GORDON EXECUTIVE DIRECTOR/ASSISTANT SECRETARY/DIRECTO 55.00
Officer Director
$125,098 $15,512 $140,610
JIM WESTRA CHAIR/DIRECTOR 1.00
Officer Director
$0 $0 $0
ED FARUOLO VICE CHAIR/DIRECTOR 1.00
Officer Director
$0 $0 $0
CHRISTOPHER O'CONNELL TREASURER/DIRECTOR 1.00
Officer Director
$0 $0 $0
WEN SAILER SECRETARY/DIRECTOR 1.00
Officer Director
$0 $0 $0
THOMAS COLATOSTI DIRECTOR 1.00
Director
$0 $0 $0
REBECCA GYRA DIRECTOR 1.00
Director
$0 $0 $0
MELANIE MACFARLANE DIRECTOR 1.00
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 $2,151,693 $2,114,725 $1,418,912 $36,968
2024 $1,903,338 $1,937,076 $1,353,756 $-33,738
2023 $1,504,850 $1,314,134 $1,338,189 $190,716
2022 $1,466,124 $1,056,031 $1,117,577 $410,093
2021 $900,356 $752,318 $676,463 $148,038
2020 $818,003 $737,569 $545,073 $80,434
2019 $679,566 $656,350 $446,068 $23,216
2018 $735,601 $585,839 $413,717 $149,762
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ELEVATE NEW ENGLAND INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.