Elev8hope Inc

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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

2012

Legal Domicile

Principal Officer

Lyssa M Phifer

Tax Period

2024-01-01 to 2024-12-31

Elev8hope Inc, founded in 2012, is a small nonprofit in the Human Services sector that reported $893K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $237K, a strong 27% operating margin.

Mission

To provide support and hope to struggling families with school age children.

Program Service Accomplishments

Program 1

Expenses: $656,038

To provide support for Martin County residents and communities as needed, specifically related to food and housing instability.

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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 $834,710

Program Service Revenue $0

Investment Income $46,663

Other Revenue $11,522

TOTAL REVENUE $892,895

Expense Breakdown

Grants Paid $53,475

Salaries & Benefits $285,922

Fundraising Expenses $0

Program Expenses $656,038

Other Expenses $316,641

TOTAL EXPENSES $656,038

Year-over-Year Comparison

	2024	2023	Change
Revenue	$892,895	$726,514	+0.2%
Expenses	$656,038	$537,628	+0.2%
Net Income	$236,857	$188,886	+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

$201,672

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Rina Shpiruk	CEO	Officer Highest	$184,691	$0	$184,691
Lyssa M Phifer	Treasurer	Officer	$8,050	$0	$8,050
Mitchell Shpiruk	CoFounder	Officer	$4,635	$0	$4,635
Trevor Shpiruk	CoFounder	Officer	$4,296	$0	$4,296
Pete Del Toro	President	Officer	$0	$0	$0
Jaclyn Rubino	Director	Officer	$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	No data	No data	No data	No data
2024	$892,895	$656,038	$1,620,093	$236,857
2023	$726,514	$537,628	$1,428,792	$188,886
2022	$901,717	$533,663	$1,283,614	$368,054
2021	$797,376	$695,204	No data	$102,172
2020	$397,775	$324,180	$287,683	$73,595