ELEVATE TOGETHER

EIN: 861209554 501(c)(3) Recreation & Sports

Snohomish, WA

Total Revenue
$3,822,198
Total Expenses
$3,793,789
Total Assets
$117,566
Net Assets
$123,948
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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
WA
Principal Officer
Wade Perkins
Phone
5417401341
Tax Period
2025-01-01 to 2025-12-31

ELEVATE TOGETHER, founded in 2020, is a community nonprofit in the Recreation & Sports sector that reported $3.8M in total revenue in fiscal year 2025. Revenue surged 49% from the prior year, signaling strong growth momentum.

Mission

Encouraging Sports Competition for amateur youth athletes in the State of Washington. Providing athletic training opportunities for the youth.

Program Service Accomplishments

Program 1
Expenses: $3,518,507 Revenue: $3,586,234

Created baseball and fastpitch youth teams which engaged in training and tournaments throughout the year

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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 (2025)

Revenue Breakdown

Contributions & Grants $235,934
Program Service Revenue $3,586,234
Investment Income $30
Other Revenue $0
TOTAL REVENUE $3,822,198

Expense Breakdown

Grants Paid $0
Salaries & Benefits $368,582
Fundraising Expenses $76,433
Program Expenses $3,518,507
Other Expenses $3,348,774
TOTAL EXPENSES $3,793,789

Year-over-Year Comparison

2025 2024 Change
Revenue $3,822,198 $2,572,076 +0.5%
Expenses $3,793,789 $2,729,176 +0.4%
Net Income $28,409 $-157,100 -1.2%
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

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Governance

Voting Members
5
Independent Members
5
Employees
8
Volunteers
N/A

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
5
$255,898
Total Directors
5
$255,898
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Wade Perkins President 40.00
Officer Director
$106,061 $0 $106,061
Matthew D Sanders Director 40.00
Officer Director
$65,654 $0 $65,654
Mark Tyler Treasurer 40.00
Officer Director
$50,690 $0 $50,690
Raymond Atkinson Director 40.00
Officer Director
$33,493 $0 $33,493
Cam J Noble Director 40.00
Officer 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 $3,822,198 $3,793,789 $117,566 $28,409
2024 $2,572,076 $2,729,176 $106,965 $-157,100
2023 $1,914,553 $1,962,340 $280,108 $-47,787
2022 $1,009,084 $734,208 $308,845 $274,876
2021 $219,853 $194,303 $26,143 $25,550
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