Elevate Oregon
- Assets
- $2.4m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 23
- Location
- Portland, OR
- Founding
- 05/2010
- Data as of
- 06/2023
- EIN
- 27-2151955
Organization Overview
Elevate Oregon is located in Portland, OR. The organization was established in 2010. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2023, Elevate Oregon employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elevate Oregon is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Elevate Oregon generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $1.7m during the year ending 06/2023. While expenses have increased by 15.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ELEVATING POTENTIAL, BUILDING SUSTAINED RELATIONSHIPS WITH URBAN YOUTH, AND CHARTING PATHS TO BRIGHTER FUTURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPING LIFE-CHANGING RELATIONSHIPS WITH ECONOMICALLY DISADVANTAGED AND AT-RISK YOUTH BY TEACHING CHARACTER, LEADERSHIP AND LIFE SKILLS FOR SUCCESS AND OFFERING ACTIVITIES THAT DEVELOP LEADERSHIP AND TEAMWORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jordan Bader Board President | OfficerTrustee | 2 | $0 |
Nathan Moroney Director | Trustee | 1 | $0 |
Sarah Raymond Director | Trustee | 1 | $0 |
Sean Gabrio Director | Trustee | 1 | $0 |
Taaj Armstrong Director | Trustee | 1 | $0 |
Michael Walker Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $92,896 |
| Related organizations | $0 |
| Government grants | $549,692 |
| All other contributions, gifts, grants, and similar amounts not included above | $972,385 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,614,973 |
| Total Program Service Revenue | $270,446 |
| Investment income | $14,426 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$761 |
| Net Income from Fundraising Events | -$16,127 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,891,171 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $61,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $145,740 |
| Compensation of current officers, directors, key employees. | $42,265 |
| Compensation to disqualified persons | $909,183 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $8,451 |
| Other employee benefits | $139,071 |
| Payroll taxes | $89,135 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,037 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,585 |
| Office expenses | $51,713 |
| Information technology | $20,686 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $34,014 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $24,994 |
| Total functional expenses | $1,677,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $244,083 |
| Savings and temporary cash investments | $1,613,142 |
| Pledges and grants receivable | $281,150 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $27,036 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $226,414 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,391,825 |
| Accounts payable and accrued expenses | $17,852 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,852 |
| Net assets without donor restrictions | $1,986,529 |
| Net assets with donor restrictions | $387,444 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,391,825 |
Grants Awarded
Over the last fiscal year, Elevate Oregon has awarded $61,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NIKEINC PURPOSE: TAKING OWNERSHIP PDX | $25,000 |
NIKEINC PURPOSE: NORTH STARZ BASKETBALL | $15,000 |
MARIE LAMFROM FOUNDATION PURPOSE: HURD MENTALITY | $21,000 |