ELEVATE CHARTER SCHOOLS INC

EIN: 874783048 501(c)(3) Education

HAMDEN, CT

Total Revenue
$3,603,411
Total Expenses
$3,063,937
Total Assets
$5,574,120
Net Assets
$4,003,120
🔒

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
2022
Legal Domicile
CT
Principal Officer
JOHN TAYLOR
Phone
2038434890
Tax Period
2024-07-01 to 2025-06-30

ELEVATE CHARTER SCHOOLS INC, founded in 2022, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $3.1M left a modest 15% surplus.

Mission

THE MISSION OF ELEVATE CHARTER SCHOOLS IS TO DEVELOP AND OPERATE HIGH-PERFORMING CHARTER SCHOOLS, WHO RELENTLESSLY PROVIDE EACH CHILD WITH A RIGOROUS AND PERSONALIZED EDUCATIONAL EXPERIENCE, ENABLING THEM TO REACH THEIR FULL POTENTIAL IN AN EVER-CHANGING, MULTICULTURAL WORLD.

🔒

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 $3,144,413
Program Service Revenue $452,984
Investment Income $1,321
Other Revenue $4,693
TOTAL REVENUE $3,603,411

Expense Breakdown

Grants Paid $550,800
Salaries & Benefits $1,695,163
Fundraising Expenses $0
Program Expenses $2,371,666
Other Expenses $817,974
TOTAL EXPENSES $3,063,937

Year-over-Year Comparison

2024 2023 Change
Revenue $3,603,411 $3,811,784 -0.1%
Expenses $3,063,937 $2,720,359 +0.1%
Net Income $539,474 $1,091,425 -0.5%
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
5
Independent Members
5
Employees
13
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
6
$715,693
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY CIRILLO BOARD PRESIDENT 2.00
Officer Director
$0 $0 $0
PAUL MCCRAVEN BOARD VICE CHAIR 1.00
Officer Director
$0 $0 $0
REVEREND ELDREN MORRISON BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH BLANTON BOARD MEMBER 1.00
Director
$0 $0 $0
WILSON LUNA BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN TAYLOR CHIEF EXECUTIVE OFFICER 40.00
Officer
$217,195 $21,492 $238,687
EMILY JACKSON CHIEF OPERATING OFFICER 40.00
Officer
$164,415 $11,403 $175,818
MARISOL RIVERA DIRECTOR OF FINANCE 25.00
Officer
$70,276 $0 $70,276
CHRISTINA ELLINGTON CHIEF STRATEGY OFFICER 40.00
Officer
$220,237 $10,675 $230,912
ERIENNE E ROJAS DIRECTOR OF EXTERNAL RELATIONS & SPECIAL PROJECTS 40.00
Highest
$129,854 $10,246 $140,100
LAURA MAIN FORMER CAO 40.00
$164,202 $17,057 $181,259
SAMANDA LUCKY FORMER DIRECTOR OF EXTERNAL RELATIONS AND SPECIAL 40.00
$110,733 $7,501 $118,234
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 $3,603,411 $3,063,937 $5,574,120 $539,474
2024 $3,811,784 $2,720,359 $4,949,851 $1,091,425
2023 $2,025,000 $1,767,799 $2,439,786 $257,201
2022 $2,360,005 $244,985 $2,150,607 $2,115,020
Explore More Nonprofits
Top 100 Nonprofits in Connecticut Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ELEVATE CHARTER SCHOOLS INC with other nonprofits in Connecticut and across the country.