Elevate Ethiopia Inc
- Assets
- $130.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hermitage, TN
- Founding
- Data as of
- 12/2023
- EIN
- 84-4452484
Organization Overview
Elevate Ethiopia Inc is located in Hermitage, TN. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elevate Ethiopia Inc 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 12/2023, Elevate Ethiopia Inc generated $139.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $126.2k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
TO EDUCATE AND ASSIST CHILDREN AND FAMILIES LIVING IN POVERTY IN ETHIOPIA. THE CORPORATION IS AUTHORIZED TO DIRECTLY ENGAGE IN, SPONSOR AND GENERALLY PROMOTE ANY AND ALL CHARITABLE, SCIENTIFIC AND EDUCATIONAL ACTIVITIES. THE CORPORATION IS AUTHORIZED TO DO ALL THINGS INCIDENTAL TO OR DESIRABLE IN CONNECTION WITH THESE PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Vernich President | 1 | $0 | |
Genet Yemane Member | 1 | $0 | |
Melissa Porter Secretary | 1 | $0 | |
Ray Guzman Member | 1 | $0 | |
Hannah Steele Member | 1 | $0 | |
Melak Hailu Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,971 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $682 |
| Total Revenue | $139,653 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,868 |
| Salaries, other compensation, and employee benefits | $31,881 |
| Professional fees and other payments to independent contractors | $4,000 |
| Occupancy, rent, utilities, and maintenance | $19,629 |
| Printing, publications, postage, and shipping | $7 |
| Other expenses | $68,775 |
| Total expenses | $126,160 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,259 |
| Other assets | $0 |
| Total assets | $130,592 |
| Total liabilities | $34,505 |
| Net assets or fund balances | $96,087 |