ELMINGTON ELEVATES INC

EIN: 820970571 501(c)(3) Human Services

NASHVILLE, TN

Total Revenue
$211,691
Total Expenses
$276,347
Total Assets
$24,068
Net Assets
$15,702
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Principal Officer
KERRI DAVIS
Phone
6154906700
Tax Period
2023-01-01 to 2023-12-31

ELMINGTON ELEVATES INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $212K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $276K exceeded revenue, resulting in a 31% operating deficit.

Mission

THE ORGANIZATION INVITES INDIVIDUALS AND CORPORATE PARTNERS TO DONATE FUNDS AND VOLUNTEER THEIR TIME THROUGH OUR CURRENT INITIATIVES, WHICH INCLUDE A SCHOOL SUPPLY DRIVE, TOY DRIVE, AND A YOUTH MENTORSHIP PROGRAM. FOUR TIMES A YEAR, ELMINGTON'S VARIOUS CORPORATE PARTNERS, EMPLOYEE TEAMS, AND VENDORS ARE INVITED TO PARTICIPATE IN OUR "DRIVES," WHERE WE COLLECTED NEEDED GOODS AND DELIVERED THEM WITHIN THE COMMUNITY TO INDIVIDUALS AND ORGANIZATIONS. FURTHER, IN 2021, A FREE AFTER SCHOOL CARE PROGRAM LOCATED AT A NASHVILLE AREA TITLE 1 ELEMENTARY SCHOOLS WAS LAUNCHED. BEGINNING IN AUGUST 2023, WE PROVIDE FREE CARE FOR 100 STUDENTS AT TWO NASHVILLE AREA TITLE 1 SCHOOLS, ADDING A SECOND SCHOOL LOCATION. WE PROVIDE A MEAL FOR STUDENTS, ENRICHMENT PROGRAMS, AND ACADEMIC SUPPORT. THIS PROGRAM IS ENTIRELY FREE FOR FAMILIES AND THE SCHOOL.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $204,802
Program Service Revenue $0
Investment Income $0
Other Revenue $6,889
TOTAL REVENUE $211,691

Expense Breakdown

Grants Paid $17,500
Salaries & Benefits $192,135
Fundraising Expenses $57,249
Program Expenses $171,984
Other Expenses $66,712
TOTAL EXPENSES $276,347

Year-over-Year Comparison

2023 2022 Change
Revenue $211,691 $194,893 +0.1%
Expenses $276,347 $250,562 +0.1%
Net Income $-64,656 $-55,669 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
9
Volunteers
30

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
4
$94,800
Total Directors
7
$94,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRYSTAL BLAYLOCK EXECUTIVE DI 40.00
Officer Director
$94,800 $0 $94,800
BRAD CATHER TRUSTEE 1.00
Director
$0 $0 $0
KERRI DAVIS PRESIDENT, C 1.00
Officer Director
$0 $0 $0
BRIENN KLAHN CO-CHAIR 2.00
Officer Director
$0 $0 $0
LINDSAY MAGUIRE SECRETARY 2.00
Officer Director
$0 $0 $0
DR SHERLATA SANDERS TRUSTEE 1.00
Director
$0 $0 $0
RYAN SEIBELS TRUSTEE 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
2024 No data No data No data No data
2023 $211,691 $276,347 $24,068 $-64,656
2022 $194,893 $250,562 $81,395 $-55,669
2021 $216,504 $167,830 $136,027 $48,674
2020 $205,762 $181,769 $87,353 $23,993
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