Elevate Omaha Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 854273290 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

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Overview

What is Elevate Omaha Inc?

Elevate Omaha Inc is a nonprofit organization situated in Omaha, Nebraska. Their primary mission is to empower young individuals by offering opportunities to engage and develop skills within four key pillars: Youth-Led Participatory Action Research (YPAR), Technical Assistance, Advocacy, and Grantmaking. Their goal is to elevate youth voices, equip them to become advocates for themselves and their peers, provide insights into youth-driven solutions, and fund possibilities to shape a brighter future. With a team of 14 dedicated individuals, Elevate Omaha Inc serves as a platform that fosters youth leadership and promotes positive change in the community.


Official website here: www.elevateomaha.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1-Star out of Four Stars

Elevate Omaha Inc has received a One-Star rating from Charity Navigator, with an overall score of 56%. This rating reflects the organization’s challenges in financial accountability and transparency. Although it has a fully independent board and meets several governance standards, the low score highlights deficiencies in its financial management and programmatic spending.

One area where Elevate Omaha Inc excels is in its governance practices, with all board members being independent and a comprehensive set of policies in place, including conflict of interest and whistleblower policies. The organization has demonstrated proper documentation practices, as seen in their board meeting minutes and the listing of their website on the tax form.

However, the nonprofit struggles significantly with financial metrics, as evidenced by its poor program expense ratio of 40.22%. Additionally, the lack of a posted tax form on its website and a liabilities to assets ratio of 0.00% indicate serious limitations in financial transparency and resource management. These factors contribute to the low overall rating, suggesting the need for improvement in financial operations to enhance its effectiveness and credibility.


This AI summary has been generated from information found on Charity Navigator.

Is Elevate Omaha Inc legitimate?

Elevate Omaha Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elevate Omaha 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: $86,395
Professional Fundraising Fees: $0
Other Salaries and Wages: $248,433

For more financial information, click here


Official website here: www.elevateomaha.org/

What is the mission statement of Elevate Omaha Inc?

Elevate Omaha Inc's mission is centered around establishing a platform that amplifies the voices of youth and empowers them to become advocates for themselves and their peers. This organization aims to provide insights into youth-driven solutions and create opportunities to fund and implement initiatives that pave the way towards a better future. Through its efforts in youth-led participatory action research, technical assistance, advocacy, and grantmaking, Elevate Omaha Inc equips young people with the necessary skills to become influential leaders in their communities.


Official website here: www.elevateomaha.org/

Who is the CEO of Elevate Omaha Inc?

Nicky Clark is the Co-Chair of Elevate Omaha Inc.


Official website here: www.elevateomaha.org/

What is the revenue of Elevate Omaha Inc?

Elevate Omaha Inc's revenue in 2022 was $521,584.


Official website here: www.elevateomaha.org/

Who are the executives of Elevate Omaha Inc and what are their salaries?

The average compensation at Elevate Omaha Inc during 2022 was $23,916. There are 14 employees and 58 volunteers at Elevate Omaha Inc.


Here are 8 key members and their salaries:


Madisen Reed (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malena Rosseau (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Benenson (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Johnson (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abiola Kosoko (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krystal Rice (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olivia Gilbreath (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicky Clark (Executive Director)
  • Compensation: $82,354
  • Related: $0
  • Other: $4,041


Official website here: www.elevateomaha.org/

Where can I find the form 990 for Elevate Omaha Inc?

Elevate Omaha Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.elevateomaha.org/

Learn more at the official website: www.elevateomaha.org/

Mission Statement of Elevate Omaha Inc

Elevate Omaha Inc, a nonprofit organization, is dedicated to establishing a platform that amplifies the voices of young people and equips them with the necessary skills to become self-advocates and leaders within their communities. The primary mission of Elevate Omaha is to provide insights into youth-driven solutions and offer financial support to pave the way for a better future. Through this initiative, the organization aims to empower young individuals, enabling them to advocate for themselves and their peers, fostering a sense of leadership and community engagement. Elevate Omaha's mission is carried out through four foundational pillars: youth-led participatory action research (YPAR), technical assistance, advocacy, and grantmaking. These pillars provide young people with opportunities to participate in various activities, develop essential skills, and contribute to the betterment of their communities.

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Impact




July, 2024

Elevate Omaha Inc's impact is significant in empowering young people to become leaders who advocate for themselves and their communities. By providing opportunities for youth to participate in youth-led participatory action research, technical assistance, advocacy, and grantmaking, Elevate Omaha equips young individuals with the skills and confidence needed to create positive change. Through its focus on youth-driven solutions and creating a platform for youth voices to be heard, Elevate Omaha is paving the way for a better future in Omaha, Nebraska.




This information is meant to be a general summary of Elevate Omaha 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.

Revenue
$521,584 (2022)
Expenses
$556,239 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $521,584

Assets and Liabilities:

  • Total Assets: $191,355
  • Total Liabilities: $0
  • Net Assets: $191,355

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Organization Details

Founding Year

2021

Principal Officer

Nicky Clark

Main Address

6001 DODGE STREET CEC 117A, OMAHA, NE, 681820203

NTEE Category

Code: S20 - Community improvement

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