Overview
What is Elc Development?
Elc Development is a supporting organization, situated in Seattle, Washington, working in collaboration with Experience Learning Community, a nonprofit exempt under Section 509(A)(2). Its primary role is to boost the programs and activities of Experience Learning Community. By offering substantial support, Elc Development has significantly contributed to the success of exhibits, leading to record-breaking attendance for the organization. Although the information does not specify the nature of the exhibits or the exact activities Elc Development engages in, it is evident that they play a vital role in enhancing the reach and impact of Experience Learning Community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating reflects Elc Development's accountability and finance practices, indicating a satisfactory level of transparency and effectiveness in managing its resources. The organization demonstrated strong governance with a fully independent board and effective documentation of board meeting minutes.
One of the notable strengths of Elc Development is its impressive program expense ratio of 99.17%, suggesting that the majority of its funding is directed toward its programs rather than administrative costs. Additionally, the organization reported no material diversion of assets, which is a positive sign of financial integrity. The low liabilities to assets ratio further underscores its stable financial position.
However, while the charity has achieved a reasonable score in several areas, the overall two-star rating indicates room for improvement, particularly in enhancing its overall transparency and accountability measures. Continued focus on these areas could help Elc Development strengthen its impact and donor trust.
This AI summary has been generated from information found on Charity Navigator.
Is Elc Development legitimate?
Elc Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elc Development 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 Elc Development?
Elc Development serves as a supporting organization, contributing significantly to the programs and activities of Experience Learning Community, a non-profit exempt under Section 509(A)(2). Their primary role is to help further the exempt purpose of Experience Learning Community, aiding in the execution of its programs and events. Since its establishment, Elc Development has provided substantial support for exhibits, contributing to the surge in attendance at Experience Learning Community. While the information does not provide a direct mission statement for Elc Development, it can be inferred that their mission aligns with supporting and enhancing the activities and operations of Experience Learning Community.
Who is the CEO of Elc Development?
Michele Smith is the CEO of Elc Development The CEO's salary of Elc Development is $0 and their total compensation is $238,059.
What is the revenue of Elc Development?
Elc Development's revenue in 2023 was $5,000.
Who are the executives of Elc Development and what are their salaries?
There 8 volunteers at Elc Development.
Here are 8 key members and their salaries (Elc Development's CEO's salary is $0 and their total compensation is $238,059):
- Compensation: $0
- Related: $222,604
- Other: $17,224
- Compensation: $0
- Related: $228,046
- Other: $10,013
- Compensation: $0
- Related: $145,723
- Other: $23,165
- Compensation: $0
- Related: $86,160
- Other: $14,037
- 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 Elc Development?
Elc Development's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Elc Development
Elc Development is an organization that plays a supporting role, aiding and contributing to the programs and activities of Experience Learning Community, a nonprofit exempt under Section 509(A)(2). This supporting organization's mission is to help propel the attendance of Experience Learning Community to record levels by providing significant support for exhibits. By doing so, Elc Development is instrumental in furthering the exempt purpose of Experience Learning Community.
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Impact
October, 2024
Elc Development has made a significant impact by bolstering the programs and activities of Experience Learning Community. Through its support, Elc Development has played a crucial role in enhancing exhibits that have attracted record levels of attendance. This influx of visitors not only elevates the profile of Experience Learning Community but also enriches the cultural landscape of Seattle, WA, fostering a deeper appreciation for the arts within the community. By facilitating engaging experiences and promoting access to educational programs, Elc Development contributes to the overall vitality and vibrancy of the region's artistic environment.
This information is meant to be a general summary of Elc Development. 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 2023.
- Gross Receipts: $5,000
Assets and Liabilities:
- Total Assets: $9,318,369
- Total Liabilities: $25
- Net Assets: $9,318,344
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Organization Details
Founding Year
2001
Principal Officer
Michele Smith
NTEE Category
Code: A115 - Arts
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