Elev8 Education is located in Valencia, CA. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elev8 Education 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 06/2024, Elev8 Education generated $14.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $419.7k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE SOLUTIONS TO DROPOUT AND TRANSITION PROBLEMS BY IMPLEMENTING JOBS FOR AMERICA'S GRADUATES PROGRAM IN CHARTER SCHOOLS SERVING AT RISK YOUTH TO HELP STUDENTS OVERCOME BARRIERS TO GRADUATION FROM HIGHSCHOOL AND BECOME COLLEGE AND/OR CAREER READY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brett Nelson CEO | 0.1 | $1,350 | |
Ty Godde Secretary | 0.1 | $1,350 | |
C Stephen Hext CFO | 0.1 | $1,350 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $14,143 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $14,143 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $4,050 |
Professional fees and other payments to independent contractors | $45,310 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $370,344 |
Total expenses | $419,704 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $17,369 |
Other assets | $0 |
Total assets | $30,769 |
Total liabilities | $725,930 |
Net assets or fund balances | -$695,161 |