Overview
What is Elevate Hope Inc?
Elevate Hope Inc, operating under the name Red Eye, is a nonprofit organization situated in Beverly Hills, California. With a team of 11 dedicated individuals, their mission is to serve the local community by providing a wide range of resources. These include educational and recreational programs, humanitarian initiatives, athletic activities, mentoring opportunities, and creative empowerment. Their offerings are diverse, extending to sports leagues, after-school tutoring, STEM media labs, culinary arts kitchens, performing arts studios, music and acting classes, fashion design workshops, etiquette courses, resume building workshops, anti-bullying classes, mental health and stress management workshops, and more. Their goal is to connect culture creators and leaders with local communities, aiming to foster personal growth and community development.
Official website here: www.redeye.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 98%, Four-Star out of Four Star rating.
Elevate Hope Inc D/B/A Red Eye has achieved an impressive 98% rating, reflecting a strong commitment to accountability and finance, evidenced by an Accountability & Finance score of 83%. Notably, 71% of its board members are independent, and the organization demonstrates exceptional governance practices, including a conflict of interest policy and a whistleblower policy. The low liabilities to assets ratio indicates robust financial health, and an impressive program expense ratio suggests that the majority of expenditures are directed towards its programs.
The organization excels in leadership and adaptability, scoring a perfect 100%. This indicates effective strategic planning and strong leadership, which is crucial for navigating challenges and responding to the needs of the community it serves. The full marks in feedback collection and usage highlight its commitment to stakeholder engagement and continuous improvement, ensuring that beneficiaries and community members' voices are heard.
While Red Eye performs remarkably well overall, the fundraising efficiency ratio of $0.002 may suggest a need for improvement in fundraising strategies. However, the low ratio does not overshadow the organization's ability to effectively utilize the funds raised for its mission, which is a significant strength. Overall, Elevate Hope Inc D/B/A Red Eye stands out as a well-managed nonprofit dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Elevate Hope Inc legitimate?
Elevate Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elevate Hope 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: $89,083
Professional Fundraising Fees: $0
Other Salaries and Wages: $154,637
For more financial information, click here
Official website here: www.redeye.org
What is the mission statement of Elevate Hope Inc?
Elevate Hope Inc, operating under the name Red Eye, aims to bridge the gap between culture creators and local communities by providing a wide range of resources. These resources encompass educational programs such as tutoring and STEM labs, recreational activities like sports leagues and performing arts studios, humanitarian initiatives like mentoring and etiquette courses, and creative empowerment opportunities like fashion design and resume building workshops. The organization also offers anti-bullying classes and mental health/stress management sessions. Its mission is to positively impact local communities by offering these diverse services, promoting personal growth and development.
Official website here: www.redeye.org
Who is the CEO of Elevate Hope Inc?
Justin Mayo is the Board Member of Elevate Hope Inc.
Official website here: www.redeye.org
What is the revenue of Elevate Hope Inc?
Elevate Hope Inc's revenue in 2022 was $4,587,630.
Official website here: www.redeye.org
Who are the executives of Elevate Hope Inc and what are their salaries?
The average compensation at Elevate Hope Inc during 2022 was $22,156. There are 11 employees and 3500 volunteers at Elevate Hope Inc.
Here are 7 key members and their salaries:
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- Compensation: $89,083
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Official website here: www.redeye.org
Where can I find the form 990 for Elevate Hope Inc?
Elevate Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.redeye.org
Learn more at the official website: www.redeye.org
Mission Statement of Elevate Hope Inc
Elevate Hope Inc D/B/A Red Eye is an organization dedicated to bridging the gap between culture creators, leaders, and local communities. Their mission is to provide a wide array of resources, ranging from sports leagues, after-school tutoring, STEM media labs, culinary arts kitchens, performing arts studios, music and acting classes, fashion design courses, etiquette lessons, resume building workshops, anti-bullying classes, mental health and stress management programs, and more. By offering these diverse services, Elevate Hope Inc D/B/A Red Eye aims to empower individuals within the local community, providing them with educational, recreational, humanitarian, athletic, mentoring, and creative opportunities.
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Impact
October, 2024
Elevate Hope Inc significantly enhances the local community by connecting culture creators and leaders with residents to provide a diverse range of resources and programs. These initiatives include sports leagues, after-school tutoring, a STEM media lab, a culinary arts kitchen, a performing arts studio, and various creative courses such as music, acting, and fashion design.
The organization also addresses important life skills and wellness by offering etiquette courses, resume building workshops, and anti-bullying classes, along with mental health and stress management resources. By fostering educational, recreational, humanitarian, athletic, and mentoring opportunities, Elevate Hope Inc empowers individuals, promotes personal growth, and strengthens community ties in Beverly Hills, CA. Through these efforts, the impact on youth and families is profound, nurturing a supportive environment where creativity and resilience can flourish.
This information is meant to be a general summary of Elevate Hope 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.
- Gross Receipts: $4,587,630
Assets and Liabilities:
- Total Assets: $685,555
- Total Liabilities: $742
- Net Assets: $684,813
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Organization Details
Founding Year
2010
Phone
(310) 498-5451Principal Officer
Justin Mayo
Main Address
9663 SANTA MONICA BLVD SUITE 352, BEVERLY HILLS, CA, 90210
Website
www.redeye.orgNTEE Category
Code: P60 - Human services
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