Overview
What is 518 Elevated Inc?
518 Elevated Inc, located in Albany, New York, is a nonprofit organization that serves approximately 80-90 high school students from the Albany, Schenectady, and Troy city school districts, as well as around 160 college students. Their primary mission is to offer specialized programs, mentoring, professional guidance, and both academic and financial support for promising high school students in the Capital Region. By establishing a network of business leaders, educational advocates, and dedicated volunteers, this organization strives to provide opportunities and access to higher education that might otherwise be unattainable. Their activities include recruiting, training, and supporting mentors, hosting workshops, college preparation activities, and providing assistance to scholars throughout high school, including stipend distribution. The organization has a small team of five employees.
Official website here: www.518elevated.org
What do the Facebook reviews say about 518 Elevated Inc?
70% of users recommend 518 Elevated Inc based on a small number of reviews. Here’s a look at the sentiments expressed:
Some individuals seem uncertain about the impact of the nonprofit, particularly expressing hesitance due to a lack of experience in seeking help from them. A review indicates a hopeful outlook for future assistance, although it did not lean towards a strong recommendation. This suggests that while there is potential for positive engagement, there may be challenges regarding awareness or perceived effectiveness.
In summary, the organization appears to have room for improvement in building trust and demonstrating its value to potential clients. The mixed responses indicate that while some individuals are optimistic about receiving support, others are uncertain about the outcomes.
This AI summary has been generated from reviews found on Facebook.
Is 518 Elevated Inc legitimate?
518 Elevated Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 518 Elevated Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $83,496
Professional Fundraising Fees: $0
Other Salaries and Wages: $142,645
For more financial information, click here
Official website here: www.518elevated.org
What is the mission statement of 518 Elevated Inc?
518 Elevated Inc's mission is centered around providing specialized programs, mentoring, professional guidance, and both academic and financial support to qualifying high school students in need. By assembling a network of business leaders, educational advocates, and dedicated volunteers, the organization aims to offer opportunities and access to higher education that might otherwise be unavailable for these promising youth. Through its efforts, 518 Elevated Inc strives to empower these students, equipping them with the resources needed to pursue their educational goals and ultimately reach their full potential.
Official website here: www.518elevated.org
Who is the CEO of 518 Elevated Inc?
Laura Marx is the Executive Di of 518 Elevated Inc.
Official website here: www.518elevated.org
What is the revenue of 518 Elevated Inc?
518 Elevated Inc's revenue in 2023 was $264,882.
Official website here: www.518elevated.org
Who are the executives of 518 Elevated Inc and what are their salaries?
The average compensation at 518 Elevated Inc during 2023 was $45,228. There are 5 employees and 3401 volunteers at 518 Elevated Inc.
Here are 33 key members and their salaries:
- Compensation: $83,496
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.518elevated.org
Where can I find the form 990 for 518 Elevated Inc?
518 Elevated Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.518elevated.org
Learn more at the official website: www.518elevated.org
Mission Statement of 518 Elevated Inc
518 Elevated Inc is an organization dedicated to supporting promising high school students in the capital region. Their mission is to provide specialized programs, mentorship, professional guidance, and both academic and financial aid to qualifying students. By assembling a network of business leaders, educational advocates, and dedicated volunteers, this nonprofit aims to offer opportunities and access to higher education that may otherwise be unattainable for these students. In essence, 518 Elevated Inc empowers deserving youth by opening doors to further education and fostering their growth towards a brighter future.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
518 Elevated Inc significantly impacts the Capital Region by offering specialized programs and mentorship to high school students in the Albany, Schenectady, and Troy City School Districts. By connecting promising youth with a network of business leaders, educational advocates, and dedicated volunteers, the organization enhances access to higher education opportunities that might otherwise be out of reach.
The tailored support provided includes academic assistance, professional guidance, mentoring, and financial resources, fostering a path toward college readiness. The organization serves approximately 80 to 90 high school students and around 160 college students, ensuring they receive the necessary resources for success. Workshops and college preparation activities equip students with essential skills, while stipends help alleviate financial burdens, allowing them to focus on their studies.
Through these comprehensive initiatives, 518 Elevated Inc cultivates a more equitable educational environment, empowering young individuals to realize their potential and pursue higher education with confidence and support.
This information is meant to be a general summary of 518 Elevated Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$53,120
- Program Service Revenue: $14,142
- Gross Receipts: $1,219,957
Assets and Liabilities:
- Total Assets: $1,897,555
- Total Liabilities: $40,531
- Net Assets: $1,857,024
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GRADUATION EVENT
Revenue
$14,142
Organization Details
Founding Year
1996
Phone
(518) 935-1045Principal Officer
Laura Marx
Main Address
1218 CENTRAL AVENUE SUITE 203, ALBANY, NY, 12205
Website
www.518elevated.orgNTEE Category
Code: B82 - Education
If you are a representative of 518 Elevated Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.