Overview
What is Elevations Foundation Inc?
Elevations Foundation Inc, based in Boulder, Colorado, is a compact nonprofit organization with a mission to foster community strengthening by connecting people and resources. With a modest workforce of three individuals, they have allocated $81,000 in scholarships to 32 deserving students, demonstrating their commitment to educational support. The exact nature of the communities they serve or the resources they mobilize remain unspecified in the provided information.
Official website here: www.elevationscu.com/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Elevations Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong overall performance in accountability and finance. The rating is based entirely on a single beacon score, with a perfect score in key areas such as accountability, financial oversight, and governance practices. This high rating indicates a commitment to transparency and responsible financial management.
The foundation boasts an impressive 66% of independent board members and has a well-structured audit and oversight committee, underscoring its dedication to effective governance. Additionally, it has no reported material diversion of assets, which enhances its credibility and reliability as a nonprofit organization. The presence of robust policies, including conflict of interest and whistleblower policies, further demonstrates its commitment to ethical practices.
One notable strength is the foundation's program expense ratio, which stands at 80.09%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. The organization has a strong financial position, with a liabilities to assets ratio of just 0.71%. Overall, Elevations Foundation Inc appears to be a well-managed nonprofit with a focus on accountability and effective program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Elevations Foundation Inc legitimate?
Elevations Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elevations Foundation 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: $118,876
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,903
For more financial information, click here
Official website here: www.elevationscu.com/foundation
What is the mission statement of Elevations Foundation Inc?
The Elevations Foundation Inc's mission is centered around bringing together people and resources to enhance the strength and wellbeing of their communities. This mission is carried out through various means, with a notable contribution being the provision of scholarships worth $81,000 to 32 deserving students. The foundation's activities aim to foster a sense of unity and support within the community, ultimately aiming to improve the overall quality of life.
Official website here: www.elevationscu.com/foundation
Who is the CEO of Elevations Foundation Inc?
Tammy Teitscheid is the Chair of Elevations Foundation Inc.
Official website here: www.elevationscu.com/foundation
What is the revenue of Elevations Foundation Inc?
Elevations Foundation Inc's revenue in 2022 was $1,200,251.
Official website here: www.elevationscu.com/foundation
Who are the executives of Elevations Foundation Inc and what are their salaries?
The average compensation at Elevations Foundation Inc during 2022 was $53,260. There are 3 employees and 30 volunteers at Elevations Foundation Inc.
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $640,731
- Other: $134,191
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $202,967
- Other: $16,084
- Compensation: $0
- Related: $1,151,811
- Other: $555,112
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $220,331
- Other: $17,010
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $50,246
- Other: $0
- Compensation: $0
- Related: $40,582
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,054,401
- Other: $14,147
- Compensation: $0
- Related: $121,542
- Other: $11,043
- Compensation: $0
- Related: $22,747
- Other: $0
- Compensation: $79,415
- Related: $0
- Other: $0
- Compensation: $39,461
- Related: $0
- Other: $0
Official website here: www.elevationscu.com/foundation
Where can I find the form 990 for Elevations Foundation Inc?
Elevations Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.elevationscu.com/foundation
Learn more at the official website: www.elevationscu.com/foundation
Mission Statement of Elevations Foundation Inc
Elevations Foundation Inc, an influential nonprofit organization, is committed to bringing together people and resources to strengthen communities. Their mission is centered around harnessing the power of collaboration to enhance the well-being of various communities. By providing funding, this organization supports 32 deserving students through scholarships, contributing to their educational growth and future prospects. This action not only strengthens the individuals but also the communities they will eventually contribute to.
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Impact
October, 2024
Elevations Foundation Inc has a significant impact on the community by actively bringing people and resources together to strengthen local ties. This organization has funded $81,000 in scholarships for 32 deserving students, empowering them to pursue their educational goals and foster personal growth. By investing in education, Elevations Foundation Inc not only supports individual aspirations but also contributes to the overall betterment of the Boulder, CO community. Their commitment to philanthropy reflects a dedication to creating lasting change and enriching the lives of residents.
This information is meant to be a general summary of Elevations Foundation 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 2022.
- Investment Income: $37,062
- Gross Receipts: $1,238,925
Assets and Liabilities:
- Total Assets: $1,494,648
- Total Liabilities: $10,734
- Net Assets: $1,483,914
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Organization Details
Founding Year
2010
Phone
(303) 443-4672Principal Officer
Tammy Teitscheid
Main Address
PO BOX 9004, BOULDER, CO, 80301
NTEE Category
Code: T30 - Philanthropy
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