Overview
What is The Elysium Organization?
The Elysium Organization is a nonprofit institution dedicated to alleviating the impact of poverty across generations. They achieve this goal by making martial arts training more accessible and affordable for individuals. Their initiatives encompass covering the overhead expenses associated with martial arts training. Currently, they are engaged in constructing a new training facility to expand their reach and impact.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The Elysium Organization has an overall score of 73%, indicating a need for improvement in certain areas of its operations. The organization demonstrates strong accountability and financial management with a perfect score in several categories, including independent board composition and a favorable liabilities to assets ratio. However, the lack of essential policies such as a conflict of interest and whistleblower policy raises concerns regarding its governance practices.
While the organization allocates a high percentage of its expenses towards its programs, achieving a program expense ratio of 99.67%, the absence of important documentation on its website—such as tax forms and board meeting minutes—limits transparency. These areas of weakness may affect potential donors' trust and confidence in the organization’s operations.
To enhance its rating and public perception, The Elysium Organization would benefit from implementing the missing policies and ensuring that key documents are readily accessible online. Addressing these issues could significantly improve its accountability and overall effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is The Elysium Organization legitimate?
The Elysium Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Elysium Organization 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Elysium Organization?
The Elysium Organization's mission is centered around helping individuals overcome generational poverty by making the benefits of martial arts training financially accessible. They have initiated construction of a new training facility to support this cause. The organization's activities primarily involve covering the expenses associated with martial arts training, aiming to empower individuals and potentially contribute to their socio-economic improvement.
Who is the CEO of The Elysium Organization?
Taylor Turner is the President of The Elysium Organization.
What is the revenue of The Elysium Organization?
The Elysium Organization's revenue in 2022 was $482,128.
Who are the executives of The Elysium Organization and what are their salaries?
There 4 volunteers at The Elysium Organization.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Elysium Organization?
The Elysium Organization's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Elysium Organization
The Elysium Organization, with a noble mission, aims to make the advantages of martial arts training accessible to individuals who may otherwise be unable to afford it. Recognizing the potential of martial arts in combating generational poverty, this nonprofit organization has taken the initiative to construct a new training facility. Their primary objective is to cover the overhead expenses associated with martial arts training, thereby enabling individuals to reap its benefits without financial constraints.
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Impact
July, 2024
The Elysium Organization's impact lies in empowering individuals to break the cycle of generational poverty through access to martial arts training. By covering overhead expenses for training, this organization enables individuals to benefit from the physical, mental, and emotional development that martial arts provide. Their mission of youth development in SEYMOUR, TN, is further underscored by the construction of a new training facility, which will enhance their ability to reach and support more individuals in need.
This information is meant to be a general summary of The Elysium Organization. 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: $482,128
Assets and Liabilities:
- Total Assets: $515,213
- Total Liabilities: $0
- Net Assets: $515,213
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Organization Details
Founding Year
2015
Phone
(865) 712-4680Principal Officer
Taylor Turner
Main Address
360 Teresa Ann Drive, Seymour, TN, 37865
NTEE Category
Code: O99 - Youth development
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