Elevate Hope Inc D/B/A Red Eye

990EZ • Fiscal year 2015 • EIN 27-3778816

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 30, 2016

Organization Profile WWW.REDEYE.ORG

9663 Santa Monica Blvd No 352Beverly Hills, CA 90210

(310) 498-5451

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

-55%

Higher net margin than 7% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

$52,083

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 71.9% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

-63%

Faster asset growth than 6% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

-24%

Faster revenue growth than 20% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet

Liabilities / Assets55th percentile

Assets

Down

$24,745

Down $42,065 (-63%) from 2014

Net Assets

Down

$24,745

Down $39,704 (-62%) from 2014

Liabilities

Down

Down $2,361 (-100%) from 2014

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin7th percentile

Revenue

Down

$72,467

Down $23,280 (-24%) from 2014

Expenses

Down

$112,171

Down $36,353 (-24%) from 2014

Net Income

-$39,704

Up $13,073 (+25%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

Highlighted filing

2015

Assets$24,745

Liabilities$0

Net Assets$24,745

Open 2015 Filing

Operations Trend

Revenue Growth20th percentile

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

Highlighted filing

2015

Revenue$72,467

Expenses$112,171

Net Income-$39,704

Open 2015 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2015 to Dec 31, 2015
Signed: Aug 30, 2016
Return Version: 2015v2.1
Gross Receipts: $72,467

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

Description	Grants	Expenses
PROVIDING EMERGENCY RELIEF OF FOOD AND CLOTHING	$0	$98,472

Compensation and Service Providers

Top Officer Pay93rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
JUSTIN MAYO	Executive Director	FT	$52,083	-	$52,083

Filing and Contact Details

Filer

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

Signing Officer

Name: Justin Mayo
Title: Executive Director
Phone: 3104985451
Signed: 2016-08-30
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 8 - Other Revenue

“Description: interest income. Amount: 10.”

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

“Description: program services. Amount: 21,025. Description: operating expenses. Amount: 6,901. Description: vehicle expense. Amount: 2,837. Description: travel. Amount: 11,136. Description: payroll taxes. Amount: 4,489. Description: business registration fees. Amount: 10. Description: bank charges. Amount: 165. Description: insurance. Amount: 1,982. Total to form 990-ez, line 16: 48,545.”

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

“Description: payroll taxes payable. Beg. Of year amount: 2,361. End of year amount: 0.”

Raw XML Appendix136 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/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	JUSTIN MAYO
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	3104985451
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	443 S SAN PEDRO ST LOFT 601
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	90013
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	66810
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	24745
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	72457
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-39704
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	1500
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	66810
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	24745
IRS990EZ/GrossReceiptsAmt	0	72467
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	64449
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	24745
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	64449
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	24745
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	10043
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	52083
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	JUSTIN MAYO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	48545
IRS990EZ/OtherRevenueTotalAmt	0	10
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	PROVIDING EMERGENCY RELIEF OF FOOD AND CLOTHING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	PROVIDING EMERGENCY RELIEF OF FOOD AND CLOTHING
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	98472
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	52083
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	CA
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	2361
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	112171
IRS990EZ/TotalProgramServiceExpensesAmt	0	98472
IRS990EZ/TotalRevenueAmt	0	72467
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	WWW.REDEYE.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	72457
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	95747
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	125376
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	293580
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	10
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	10
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	10
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	10
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	293580
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt	0	0
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	72457
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	95747
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	125376
IRS990ScheduleA/Total509Grp/TotalAmt	0	293580
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	72467
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	95747
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	125376
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	293590
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: INTEREST INCOME. AMOUNT: 10.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION: PROGRAM SERVICES. AMOUNT: 21,025. DESCRIPTION: OPERATING EXPENSES. AMOUNT: 6,901. DESCRIPTION: VEHICLE EXPENSE. AMOUNT: 2,837. DESCRIPTION: TRAVEL. AMOUNT: 11,136. DESCRIPTION: PAYROLL TAXES. AMOUNT: 4,489. DESCRIPTION: BUSINESS REGISTRATION FEES. AMOUNT: 10. DESCRIPTION: BANK CHARGES. AMOUNT: 165. DESCRIPTION: INSURANCE. AMOUNT: 1,982. TOTAL TO FORM 990-EZ, LINE 16: 48,545.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION: PAYROLL TAXES PAYABLE. BEG. OF YEAR AMOUNT: 2,361. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE 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/BuildTS	0	2016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	JUSTIN MAYO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	3104985451
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2016-08-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	ELEVATE HOPE INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt	0	D/B/A RED EYE
ReturnHeader/Filer/BusinessNameControlTxt	0	ELEV
ReturnHeader/Filer/EIN	0	273778816
ReturnHeader/Filer/PhoneNum	0	3104985451
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	9663 SANTA MONICA BLVD NO 352
ReturnHeader/Filer/USAddress/CityNm	0	BEVERLY HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	CA
ReturnHeader/Filer/USAddress/ZIPCd	0	90210
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	264316466
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	THE GUELFO GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	3903 JILES ROAD SUITE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	KENNESAW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	30144
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7704250009
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2016-08-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	TAMMY M GUELFO CPA
ReturnHeader/ReturnTs	0	2016-09-01T07:32:06-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2015-01-01
ReturnHeader/TaxPeriodEndDt	0	2015-12-31
ReturnHeader/TaxYr	0	2015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $24,745
Liabilities: $0
Net assets: $24,745
Revenue: $72,467
Expenses: $112,171
Net income: -$39,704

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net 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