Civic Intelligence

Elevate Hope Inc D/B/A Red Eye

990EZ • Fiscal year 2016 • EIN 27-3778816

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 06, 2017

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.

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

92nd percentile

$48,125

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 33.2% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

91st percentile

96%

Faster asset growth than 91% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

93rd percentile

100%

Faster revenue growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$48,557

Up $23,812 (+96%) from 2015

Net Assets

Up

$48,557

Up $23,812 (+96%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$144,931

Up $72,464 (+100%) from 2015

Expenses

Up

$121,119

Up $8,948 (+8.0%) from 2015

Net Income

Up

$23,812

Up $63,516 (+160%) from 2015

Historical Trend

Balance Sheet Trend

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

2016

Assets$48,557
Liabilities$0
Net Assets$48,557

Operations Trend

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

2016

Revenue$144,931
Expenses$121,119
Net Income$23,812
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 6, 2017
Return Version
2016v3.0
Gross Receipts
$144,931
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$93,211
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JUSTIN MAYOExecutive DirectorFT$48,125-$48,125
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
2017-08-06
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: 3.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 1,632. Description: other expenses. Amount: 19,064. Total to form 990-ez, line 14: 20,696.

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

Description: program services. Amount: 37,582. Description: operating expenses. Amount: 2,775. Description: vehicle expense. Amount: 656. Description: travel & meetings. Amount: 5,617. Description: payroll taxes. Amount: 3,682. Description: insurance. Amount: 500. Description: miscellaneous. Amount: 331. Total to form 990-ez, line 16: 51,143.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 1,476.

Raw XML Appendix152 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/AddressLine1Txt0443 S SAN PEDRO ST LOFT 601
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090013
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt024745
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt047081
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0144928
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt023812
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01155
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt024745
IRS990EZ/Form990TotalAssetsGrp/EOYAmt048557
IRS990EZ/GrossReceiptsAmt0144931
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt024745
IRS990EZ/NetAssetsOrFundBalancesEOYAmt048557
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt024745
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt048557
IRS990EZ/OccupancyRentUtltsAndMaintAmt020696
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt048125
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JUSTIN MAYO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01476
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt051143
IRS990EZ/OtherRevenueTotalAmt03
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/ProgramServiceExpensesAmt093211
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt048125
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0121119
IRS990EZ/TotalProgramServiceExpensesAmt093211
IRS990EZ/TotalRevenueAmt0144931
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.REDEYE.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0144928
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt072457
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt095747
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0125376
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0438508
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt010
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt013
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0438508
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0144928
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt072457
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt095747
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0125376
IRS990ScheduleA/Total509Grp/TotalAmt0438508
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0144931
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt072467
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt095747
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0125376
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0438521
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 3.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 1,632. DESCRIPTION: OTHER EXPENSES. AMOUNT: 19,064. TOTAL TO FORM 990-EZ, LINE 14: 20,696.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PROGRAM SERVICES. AMOUNT: 37,582. DESCRIPTION: OPERATING EXPENSES. AMOUNT: 2,775. DESCRIPTION: VEHICLE EXPENSE. AMOUNT: 656. DESCRIPTION: TRAVEL & MEETINGS. AMOUNT: 5,617. DESCRIPTION: PAYROLL TAXES. AMOUNT: 3,682. DESCRIPTION: INSURANCE. AMOUNT: 500. DESCRIPTION: MISCELLANEOUS. AMOUNT: 331. TOTAL TO FORM 990-EZ, LINE 16: 51,143.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,476.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JUSTIN MAYO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03104985451
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELEVATE HOPE INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0D/B/A RED EYE
ReturnHeader/Filer/BusinessNameControlTxt0ELEV
ReturnHeader/Filer/EIN0273778816
ReturnHeader/Filer/PhoneNum03104985451
ReturnHeader/Filer/USAddress/AddressLine1Txt09663 SANTA MONICA BLVD NO 352
ReturnHeader/Filer/USAddress/CityNm0BEVERLY HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090210
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B7384CADCE5C9A0E0614C7696BCAA2A1BC494DE1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C63258344C5A3961B79EEAA7BBD0833EF4D3BDD1
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.251.157.217
ReturnHeader/FilingSecurityInformation/IPDt02017-08-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm017:11:51
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/PreparationDt02017-08-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TAMMY M GUELFO CPA
ReturnHeader/ReturnTs02017-09-15T16:02:33-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings