ELEVATE NORTH TEXAS (EIN 853059464) - 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

2020

Legal Domicile

Principal Officer

Jason Vallejo

Phone

2145310752

Tax Period

2024-01-01 to 2024-12-31

ELEVATE NORTH TEXAS, founded in 2020, is a small nonprofit in the Mental Health sector that reported $392K in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $101K, a strong 26% operating margin.

Mission

Elevate North Texas offers a welcoming affirming environment with immediate short-term housing and personal case management for youth 18-24 in crisis partnering with them to create a path to housing stability.

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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 $392,082

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $392,082

Expense Breakdown

Grants Paid $59,177

Salaries & Benefits $126,939

Fundraising Expenses $35,524

Program Expenses $161,619

Other Expenses $90,375

TOTAL EXPENSES $290,880

Year-over-Year Comparison

	2024	2023	Change
Revenue	$392,082	$230,939	+0.7%
Expenses	$290,880	$151,306	+0.9%
Net Income	$101,202	$79,633	+0.3%

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

Total Directors

Key Employees

$60,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kathryn Patterson	President	15.00	Officer	$0	$0	$0
Roger Poindexter Jr	Vice President	10.00	Officer	$0	$0	$0
Leon Aarts	Secretary	10.00	Officer	$0	$0	$0
Chris Oney	Treasurer	15.00	Officer	$0	$0	$0
Tom Hauser	Director	10.00	Officer	$0	$0	$0
Jeff Roberts	Director	10.00	Officer	$0	$0	$0
Jason Vallejo	Executive Director	40.00	Key Emp	$60,000	$0	$60,000

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	$392,082	$290,880	$255,586	$101,202
2023	$230,939	$151,306	$115,032	$79,633

ELEVATE NORTH TEXAS