Civic Intelligence

Elevate Hope Inc D/B/A Red Eye

990EZ • Fiscal year 2014 • EIN 27-3778816

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 13, 2015

Organization ProfileWWW.REDEYE.ORG
9663 Santa Monica Blvd Suite 352 No352Beverly Hills, CA 90210

(310) 498-5451

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.04x

Higher debt load relative to assets than 69% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

7th percentile

-55%

Higher net margin than 7% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

96th percentile

$70,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 73.1% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

9th percentile

-47%

Faster asset growth than 9% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

20th percentile

-24%

Faster revenue growth than 20% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$66,810

Down $60,406 (-47%) from 2013

Net Assets

Down

$64,449

Down $52,777 (-45%) from 2013

Liabilities

Down

$2,361

Down $7,629 (-76%) from 2013

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin7th percentile

Revenue

Down

$95,747

Down $29,629 (-24%) from 2013

Expenses

Up

$148,524

Up $51,636 (+53%) from 2013

Net Income

Down

-$52,777

Down $81,265 (-285%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $127,216Liabilities 2013: $9,990Net Assets 2013: $117,2262013Assets 2014: $66,810Liabilities 2014: $2,361Net Assets 2014: $64,4492014Assets 2015: $24,745Liabilities 2015: $0Net Assets 2015: $24,7452015Assets 2016: $48,557Liabilities 2016: $0Net Assets 2016: $48,5572016Assets 2017: $193,735Liabilities 2017: $3,866Net Assets 2017: $189,8692017Assets 2018: $431,162Liabilities 2018: $0Net Assets 2018: $431,1622018Assets 2019: $389,898Liabilities 2019: $0Net Assets 2019: $389,8982019Assets 2020: $598,416Liabilities 2020: $171Net Assets 2020: $598,2452020Assets 2021: $779,955Liabilities 2021: $462Net Assets 2021: $779,4932021Assets 2022: $735,058Liabilities 2022: $743Net Assets 2022: $734,3152022Assets 2023: $880,192Liabilities 2023: $145Net Assets 2023: $880,0472023Assets 2024: $3,210,754Liabilities 2024: $0Net Assets 2024: $3,210,7542024

Highlighted filing

2014

Assets$66,810
Liabilities$2,361
Net Assets$64,449
Open 2014 Filing

Operations Trend

Revenue Growth20th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2013: $125,376Expenses 2013: $96,888Net Income 2013: $28,4882013Revenue 2014: $95,747Expenses 2014: $148,524Net Income 2014: -$52,7772014Revenue 2015: $72,467Expenses 2015: $112,171Net Income 2015: -$39,7042015Revenue 2016: $144,931Expenses 2016: $121,119Net Income 2016: $23,8122016Revenue 2017: $281,866Expenses 2017: $140,527Net Income 2017: $141,3392017Revenue 2018: $526,033Expenses 2018: $271,250Net Income 2018: $254,7832018Revenue 2019: $613,215Expenses 2019: $654,479Net Income 2019: -$41,2642019Revenue 2020: $1,174,426Expenses 2020: $966,079Net Income 2020: $208,3472020Revenue 2021: $1,993,213Expenses 2021: $1,811,965Net Income 2021: $181,2482021Revenue 2022: $5,167,630Expenses 2022: $5,212,808Net Income 2022: -$45,1782022Revenue 2023: $6,769,692Expenses 2023: $6,623,960Net Income 2023: $145,7322023Revenue 2024: $9,818,688Expenses 2024: $7,606,621Net Income 2024: $2,212,0672024

Highlighted filing

2014

Revenue$95,747
Expenses$148,524
Net Income-$52,777
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 13, 2015
Return Version
2014v5.0
Gross Receipts
$95,747
Mission and Program Overview

Mission

(cont from pg 1)sports leagues, after school tutoring, stem media lab, culinary arts kitchen, performing arts studio, music, acting, fashion design, etiquette courses, resume building workshops, anti-bullying classes, mental health/stress management, and beyond.

Providing emergency relief of food and clothing

Program Services

DescriptionGrantsExpenses
PROVIDING EMERGENCY RELIEF OF FOOD AND CLOTHING$0$123,114
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JUSTIN MAYOExecutive DirectorFT$70,000-$70,000
Filing and Contact Details

Filer

Filer Name
Elevate Hope Inc Dba Red Eye
EIN
27-3778816
Phone
3104985451
Address
9663 SANTA MONICA BLVD SUITE 352 NO, 352, BEVERLY HILLS, CA 90210

Signing Officer

Name
Justin Mayo
Title
President
Phone
3104985451
Signed
2015-08-13
Discuss with paid preparer
Yes

Preparer

Firm
The Guelfo Group Inc
Address
3903 JILES ROAD SUITE 201, KENNESAW, GA 30144
Preparer
Tammy M Guelfo CPA
Phone
7704250009
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: community expense. Amount: 2,660. Description: program services. Amount: 22,404. Description: operating expenses. Amount: 11,699. Description: vehicle expense. Amount: 198. Description: travel. Amount: 16,927. Description: payroll taxes. Amount: 6,812. Description: business registration fees. Amount: 1,210. Description: bank charges. Amount: 12. Total to form 990-ez, line 16: 61,922.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: payroll taxes payable. Beg. Of year amount: 9,990. End of year amount: 2,361.”

Raw XML Appendix126 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JUSTIN MAYO
IRS990EZ/BooksInCareOfDetail/PhoneNum03104985451
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0998 CALLE AMABLE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GLENDALE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd091208
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0127216
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt066810
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt095747
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-52777
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01915
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0127216
IRS990EZ/Form990TotalAssetsGrp/EOYAmt066810
IRS990EZ/GrossReceiptsAmt095747
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0117226
IRS990EZ/NetAssetsOrFundBalancesEOYAmt064449
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0117226
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt064449
IRS990EZ/OccupancyRentUtltsAndMaintAmt010376
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt070000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JUSTIN MAYO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt061922
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDING EMERGENCY RELIEF OF FOOD AND CLOTHING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING EMERGENCY RELIEF OF FOOD AND CLOTHING
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0123114
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt074311
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt09990
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02361
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0148524
IRS990EZ/TotalProgramServiceExpensesAmt0123114
IRS990EZ/TotalRevenueAmt095747
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.REDEYE.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt095747
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0125376
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0221123
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0221123
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt095747
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0125376
IRS990ScheduleA/Total509Grp/TotalAmt0221123
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt095747
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0125376
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0221123
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: COMMUNITY EXPENSE. AMOUNT: 2,660. DESCRIPTION: PROGRAM SERVICES. AMOUNT: 22,404. DESCRIPTION: OPERATING EXPENSES. AMOUNT: 11,699. DESCRIPTION: VEHICLE EXPENSE. AMOUNT: 198. DESCRIPTION: TRAVEL. AMOUNT: 16,927. DESCRIPTION: PAYROLL TAXES. AMOUNT: 6,812. DESCRIPTION: BUSINESS REGISTRATION FEES. AMOUNT: 1,210. DESCRIPTION: BANK CHARGES. AMOUNT: 12. TOTAL TO FORM 990-EZ, LINE 16: 61,922.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PAYROLL TAXES PAYABLE. BEG. OF YEAR AMOUNT: 9,990. END OF YEAR AMOUNT: 2,361.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JUSTIN MAYO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03104985451
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELEVATE HOPE INC DBA RED EYE
ReturnHeader/Filer/BusinessNameControlTxt0ELEV
ReturnHeader/Filer/EIN0273778816
ReturnHeader/Filer/PhoneNum03104985451
ReturnHeader/Filer/USAddress/AddressLine1Txt09663 SANTA MONICA BLVD SUITE 352 NO
ReturnHeader/Filer/USAddress/AddressLine2Txt0352
ReturnHeader/Filer/USAddress/CityNm0BEVERLY HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090210
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0264316466
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE GUELFO GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03903 JILES ROAD SUITE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KENNESAW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030144
ReturnHeader/PreparerPersonGrp/PhoneNum07704250009
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TAMMY M GUELFO CPA
ReturnHeader/ReturnTs02015-08-28T11:55:36-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$66,810
Liabilities
$2,361
Net assets
$64,449
Revenue
$95,747
Expenses
$148,524
Net income
-$52,777
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.21$0.00$3.21$9.82$7.61$2.21
2023Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$6.77$6.62$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.73$5.17$5.21$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$1.99$1.81$0.18
2020Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$1.17$0.97$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.61$0.65$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.53$0.27$0.25
2017Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.28$0.14$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.00$0.05$0.14$0.12$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.07$0.11$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.06$0.10$0.15$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.13$0.01$0.12$0.13$0.10$0.03