Overview
What is Elevate 215?
Elevate 215 is a nonprofit organization based in Philadelphia, Pennsylvania, with 14 employees. Their primary focus is to improve the quality of education in the city and the state by providing grants to schools, conducting extensive due diligence, and investing in talent development initiatives. They support public, public charter, and catholic schools through startup, expansion, or capacity building funds. Elevate 215 also develops technology-based resources, such as GreatPhillySchools.org and Apply Philly Charter, to assist families in selecting the best schools for their children. Additionally, they advocate for education-related policies to create favorable conditions for school growth and improvement. Their mission is to prepare students for the future by modernizing the learning experience in Philadelphia schools.
Official website here: www.elevate215.org
What are the reviews and ratings of this charity?
Charity Navigator has rated Elevate 215 with an impressive score of 96%, which signifies a Four-Star out of Four Star rating. This high rating emphasizes the organization’s strong accountability and finance practices, as well as its commitment to transparency. Their financial health is robust, with no material diversions of assets and a program expense ratio of nearly 78%, ensuring that a large portion of funds directly supports their mission.
Elevate 215 boasts an entirely independent board and exceptional governance practices, demonstrated by robust policies on conflict of interest and financial oversight. Additionally, the organization actively implements equity strategies, highlighting their commitment to fostering inclusivity and addressing racial equity in their work. However, it should be noted that their impact and measurement, as well as their leadership adaptability, have not been scored.
As there were no user reviews available from GreatNonprofits, the insights primarily rely on the financial rating and organizational strengths noted by Charity Navigator. Overall, Elevate 215 stands out as a well-managed and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Elevate 215 legitimate?
Elevate 215 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elevate 215 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: $274,821
Professional Fundraising Fees: $0
Other Salaries and Wages: $945,284
For more financial information, click here
Official website here: www.elevate215.org
What is the mission statement of Elevate 215?
Elevate 215 serves as a driving force for revolutionizing education by envisioning a research-based and collaborative approach to enhance learning outcomes for students across a decade. Their mission is to prepare students for future success by modernizing the educational experience in schools today. This is achieved through several means: supporting schools and educators, collaborating with partners, expanding resources for families, and advocating for policies that foster a conducive environment for educational growth and improvement.
Elevate 215 provides grants to various school operators to support the establishment, expansion, or enhancement of public, charter, and Catholic schools. They conduct thorough due diligence to ensure the grantees' capabilities and alignments with the organization's objectives. The organization also invests in talent development initiatives to strengthen the recruitment, retention, and professional growth of school leaders and teachers.
To support families in making informed decisions about their children's education, Elevate 215 develops and maintains two technology-based resources. These resources include a school information website and an online enrollment system for public charter schools. In 2022, over 200,000 families utilized the website, and over 23,000 families utilized the online enrollment system.
Elevate 215 actively participates in policy and advocacy efforts to establish a supportive environment for the growth and enhancement of quality schools. The organization's advocacy is nonpartisan and focuses on advancing education-related policies, as well as providing grants to support such advocacy initiatives.
Official website here: www.elevate215.org
Who is the CEO of Elevate 215?
Stacy Holland is the Executive Director of Elevate 215.
Official website here: www.elevate215.org
What is the revenue of Elevate 215?
Elevate 215's revenue in 2022 was $9,811,422.
Official website here: www.elevate215.org
Who are the executives of Elevate 215 and what are their salaries?
The average compensation at Elevate 215 during 2022 was $87,150. There are 14 employees and 10 volunteers at Elevate 215.
Here are 15 key members and their salaries:
- Compensation: $248,220
- Related: $0
- Other: $24,821
- Compensation: $118,899
- Related: $0
- Other: $31,428
- Compensation: $119,664
- Related: $0
- Other: $14,000
- Compensation: $121,816
- Related: $0
- Other: $5,888
- Compensation: $103,883
- Related: $0
- Other: $17,913
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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Official website here: www.elevate215.org
Where can I find the form 990 for Elevate 215?
Elevate 215's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.elevate215.org
Learn more at the official website: www.elevate215.org
Mission Statement of Elevate 215
Elevate 215, a catalyst for educational transformation, aims to prepare Philadelphia students for future success by modernizing the learning experience in local schools. The organization achieves this mission by supporting schools and talent, collaborating with partners, expanding access to resources for families, and advocating for policies that foster a conducive environment for educational progress.
In the realm of school and talent investments, Elevate 215 provides grant funding to public, public charter, and Catholic schools in Philadelphia. These funds support various activities, including startup, expansion, and capacity building, spanning multiple years. The organization rigorously screens applicants, assessing school models, academic outcomes, attendance, attrition, graduation, and matriculation rates, financial analysis, growth plans, leadership capacity, and school visits, before approving grants. Elevate 215 also invests in talent development initiatives, focusing on enhancing the recruitment, retention, and skill development of school leaders and teachers to strengthen the educational landscape.
In addition to financial support, Elevate 215 develops and maintains technological resources to aid families in their school selection process. GreatPhillySchools.org, a widely utilized web-based resource, shares information on school services, performance ratings, and relevant advice for over 2,000 pre-kindergarten and K-12 schools in Philadelphia. The organization also hosts an annual high school fair, connecting students and families with over 100 schools. Apply Philly Charter, an online enrollment system, facilitates the application and acceptance process for most Philadelphia public charter schools, benefiting over 23,000 families each year.
Elevate 215's advocacy efforts are nonpartisan, prioritizing the evolution of education-related policies to support the growth and improvement of quality schools in Philadelphia and Pennsylvania. The organization actively educates policymakers and provides grants to support advocacy initiatives, ensuring the existence of conditions that promote the success of Philadelphia's students.
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Impact
October, 2024
Elevate 215 plays a pivotal role in enhancing educational outcomes for students in Philadelphia by fostering a collaborative and research-driven approach to schooling. By providing targeted grants to various school operators, Elevate 215 supports the startup, expansion, and improvement of public, charter, and Catholic schools, ensuring they have the resources necessary for sustainable growth and quality education.
In 2022, Elevate 215 made significant investments in 22 organizations, conducting thorough due diligence to assess school models, academic performance, and leadership capacity. This rigorous evaluation process ensures that funding is directed toward initiatives with the highest potential for impact. Additionally, Elevate 215 invests in the professional development of educators and school leaders, enhancing their skills to improve student learning experiences.
The organization also empowers families with tools to navigate the educational landscape through technology-driven resources. The GreatPhillySchools.org website serves as an essential guide for over 200,000 families, providing information about school options, performance ratings, and application processes. Furthermore, the Apply Philly Charter platform streamlines the selection process for charter schools, utilized by over 23,000 families in 2022.
In tandem with its educational initiatives, Elevate 215 actively engages in policy and advocacy efforts, working to foster a supportive environment for quality schools in Philadelphia and Pennsylvania. Through these comprehensive strategies, Elevate 215 serves as a catalyst for preparing students for a dynamic future, ensuring they have access to quality education and the necessary resources to thrive.
This information is meant to be a general summary of Elevate 215. 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 2022.
- Investment Income: $32,164
- Program Service Revenue: $116,250
- Gross Receipts: $9,811,443
Assets and Liabilities:
- Total Assets: $13,796,068
- Total Liabilities: $2,082,265
- Net Assets: $11,713,803
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$116,250
Organization Details
Founding Year
2010
Phone
(484) 785-8111Principal Officer
Stacy Holland
Main Address
123 South Broad - Suite 1170, Philadelphia, PA, 19109
Website
www.elevate215.orgNTEE Category
Code: B12 - Education
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