Overview
What is Elevated Thought Inc?
Elevated Thought Inc is a nonprofit organization dedicated to empowering youth through art. By spearheading beautification projects, youth organizing, and public outreach, they strive to uplift communities. Their programs offer opportunities for young individuals to broaden their artistic perspectives, fostering a deeper connection with their surroundings. Elevated Thought Inc's initiatives involve launching public art projects that enhance both community and private properties, while also providing youth art empowerment and outreach services. Their mission is to serve and develop communities by promoting art and social justice, ultimately fostering a greater understanding of art among both youths and communities.
Official website here: www.elevatedthought.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
Elevated Thought Inc has received a mixed review with a 73% rating from Charity Navigator, which translates to a Two-Star rating. The nonprofit demonstrates strong accountability in certain areas, such as maintaining an independent board and having a robust conflict of interest policy. However, it lacks in critical aspects like having a whistleblower policy and document retention practices, which raises concerns about governance.
The organization excels in community engagement, evidenced by perfect scores in constituent feedback and feedback usage. This reflects a commitment to listening to and incorporating community input into its operations. Despite this strength, the financial metrics show areas for improvement, particularly in program expense ratio and fundraising efficiency, indicating challenges in effectively utilizing resources for programmatic impact.
While Elevated Thought Inc has strong cultural and community scores, the financial elements warrant scrutiny. The organization will benefit from addressing the weaknesses in its governance and financial management to enhance its overall effectiveness and transparency, which could lead to improved donor confidence and support.
This AI summary has been generated from information found on Charity Navigator.
Is Elevated Thought Inc legitimate?
Elevated Thought Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elevated Thought 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: $104,615
Professional Fundraising Fees: $0
Other Salaries and Wages: $703,071
For more financial information, click here
Official website here: www.elevatedthought.org/
What is the mission statement of Elevated Thought Inc?
Elevated Thought Inc is an art and social justice organization that serves and develops communities by empowering youth through various programs. Their mission involves utilizing art as a tool to foster understanding and growth among youths. This is achieved through a youth empowerment curriculum, beautification projects, youth organization, and public outreach. By engaging in these activities, Elevated Thought Inc provides opportunities for both youths and communities to broaden their perspectives on art. Their initiatives often include public art projects that enhance the aesthetic appeal of community and private spaces.
Official website here: www.elevatedthought.org/
Who is the CEO of Elevated Thought Inc?
Marquis Victor is the Executive Di of Elevated Thought Inc.
Official website here: www.elevatedthought.org/
What is the revenue of Elevated Thought Inc?
Elevated Thought Inc's revenue in 2022 was $3,235,330.
Official website here: www.elevatedthought.org/
Who are the executives of Elevated Thought Inc and what are their salaries?
The average compensation at Elevated Thought Inc during 2022 was $17,558. There are 46 employees and 7 volunteers at Elevated Thought Inc.
Here are 7 key members and their salaries:
- Compensation: $104,615
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.elevatedthought.org/
Where can I find the form 990 for Elevated Thought Inc?
Elevated Thought Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.elevatedthought.org/
Learn more at the official website: www.elevatedthought.org/
Mission Statement of Elevated Thought Inc
Elevated Thought, an art and social justice organization, strives to empower youth and uplift communities through various initiatives. Their mission is threefold: they employ a youth empowerment curriculum to educate and develop young minds, launch beautification projects that transform both community and private properties with public art, and engage in youth organizing and public outreach to broaden the understanding of art. By providing these opportunities, Elevated Thought enables youths to grow both personally and creatively, while simultaneously contributing to the betterment of their communities.
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Impact
October, 2024
Elevated Thought Inc significantly enhances the community of Lawrence, MA, by empowering youth through artistic expression and social engagement. By launching various beautification projects, they instill a sense of pride and ownership within the community while transforming public and private spaces into vibrant works of art. This organization fosters creativity and leadership in young people, equipping them with the tools to articulate their thoughts and ideas through art.
Moreover, Elevated Thought facilitates youth organizing and public outreach, strengthening community ties and encouraging active participation among young individuals. Their programs are designed to expand understanding of art while addressing social justice issues, making art a vehicle for change. Through these initiatives, they cultivate a culture of creativity and collaboration, ultimately uplifting the community and enabling youth to envision and work towards a brighter future.
This information is meant to be a general summary of Elevated Thought 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.
- Program Service Revenue: $612,414
- Gross Receipts: $3,235,330
Assets and Liabilities:
- Total Assets: $3,243,932
- Total Liabilities: $923,572
- Net Assets: $2,320,360
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
YOUTH PROGRAM INCOME
Revenue
$544,035
MURAL INCOME
Revenue
$68,379
Organization Details
Founding Year
2010
Phone
(978) 420-7920Principal Officer
Marquis Victor
Main Address
15 UNION STREET, LAWRENCE, MA, 01841
Website
www.elevatedthought.org/NTEE Category
Code: B82 - Education
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