Civic Intelligence

Elevate Tutoring Inc.

990 • Fiscal year 2023 • EIN 45-1058760

Jul 01, 2022 to Jun 30, 2023 • Filed on May 10, 2024

2641 Thrasher LaneSan Jose, CA 95125

(408) 915-8874

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.38x

Higher debt load relative to assets than 83% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

77th percentile

0.21x

Higher debt load relative to revenue than 77% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

55th percentile

7.0%

Higher net margin than 55% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

62nd percentile

$34,224

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

81st percentile

29%

Faster asset growth than 81% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

87th percentile

77%

Faster revenue growth than 87% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$340,211

Up $77,207 (+29%) from 2022

Net Assets

Up

$212,095

Up $42,571 (+25%) from 2022

Liabilities

Up

$128,116

Up $34,636 (+37%) from 2022

Revenue

Up

$608,173

Up $264,439 (+77%) from 2022

Expenses

Up

$565,537

Up $212,861 (+60%) from 2022

Net Income

Up

$42,636

Up $51,578 (+577%) from 2022

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $63,025Liabilities 2015: $23,318Net Assets 2015: $39,7072015Assets 2016: $112,177Liabilities 2016: $0Net Assets 2016: $112,1772016Assets 2017: $108,113Liabilities 2017: $0Net Assets 2017: $108,1132017Assets 2018: $64,139Liabilities 2018: $0Net Assets 2018: $64,1392018Assets 2019: $105,733Net Assets 2019: $105,7332019Assets 2020: $225,061Liabilities 2020: $0Net Assets 2020: $225,0612020Assets 2021: $269,640Liabilities 2021: $91,411Net Assets 2021: $178,2292021Assets 2022: $263,004Liabilities 2022: $93,480Net Assets 2022: $169,5242022Assets 2023: $340,211Liabilities 2023: $128,116Net Assets 2023: $212,0952023Assets 2024: $296,871Liabilities 2024: $152,342Net Assets 2024: $144,5292024Assets 2025: $407,315Liabilities 2025: $162,683Net Assets 2025: $244,6322025

Highlighted filing

2023

Assets$340,211
Liabilities$128,116
Net Assets$212,095

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $77,106Expenses 2015: $37,399Net Income 2015: $39,7072015Revenue 2016: $97,823Expenses 2016: $48,671Net Income 2016: $49,1522016Revenue 2017: $103,477Expenses 2017: $106,937Net Income 2017: -$3,4602017Revenue 2018: $119,264Expenses 2018: $163,238Net Income 2018: -$43,9742018Revenue 2019: $108,252Expenses 2019: $66,658Net Income 2019: $41,5942019Revenue 2020: $240,911Expenses 2020: $116,637Net Income 2020: $124,2742020Revenue 2021: $237,386Expenses 2021: $285,335Net Income 2021: -$47,9492021Revenue 2022: $343,734Expenses 2022: $352,676Net Income 2022: -$8,9422022Revenue 2023: $608,173Expenses 2023: $565,537Net Income 2023: $42,6362023Revenue 2024: $711,132Expenses 2024: $794,755Net Income 2024: -$83,6232024Revenue 2025: $951,977Expenses 2025: $846,433Net Income 2025: $105,5442025

Highlighted filing

2023

Revenue$608,173
Expenses$565,537
Net Income$42,636
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 10, 2024
Return Version
2022v5.0
Gross Receipts
$608,173
Mission and Program Overview

Mission

To close the achievement gap by providing financially disadvantaged students with free tutoring, training, scholarships and work experience.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$196,340$301,710▲ $105,370
Investments Other Securities$66,664$38,499▼ $28,165
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$263,004$340,211▲ $77,207
Other Assets Total-$2-
Liabilities
Grants Payable$93,300$128,116▲ $34,816
Other Liabilities$180--
Total Liabilities$93,480$128,116▲ $34,636
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$169,524$212,095▲ $42,571
Total Net Assets Fund Balance$169,524$212,095▲ $42,571
Total Liabilities and Net Assets / Fund Balance$263,004$340,211▲ $77,207
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Catherine BradshawDirector of Programs and ServicesPT$34,224$34,224
Robert William SchafferFounder/Board CPT$30,000$30,000

Board Members and Trustees

NameTitle
Dominic MagdaluyoDirector
Jennifer PenceDirector
Kristen BraggDirector
Nabeel IbrahimDirector
Peter SotoDirector
Rashmeen KaurDirector
Ross VenookSecretary
Elene TerryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$603,535
Program Service Revenue
$2,750
Investment Income
$1,888
Other Revenue
$0
All Other Contributions
$603,535
Change in Net Assets
$42,636
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$292,324
Grants and Similar Amounts Paid$210,357
Other Expenses$62,834
Total Fundraising Expense$22,533
Professional Fundraising Fees$22

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$210,357--$210,357
Other Salaries and Wages$108,433$82,136$17,635$208,204
Current Officers, Directors, Trustees, and Key Employees$48,361$13,084$2,779$64,224
Office Expenses$25,472$32,498-$57,970
Payroll Taxes$10,362$7,849$1,685$19,896
Insurance$1,604$1,214$261$3,079
Fees for Services Accounting$930$704$151$1,785
Fees for Services Professional Fundraising--$22$22
Total Functional Expenses$405,519$137,485$22,533$565,537
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$22
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Draft forms are provided to the voting members of the governing body and key employees for review and comment in advance of filing.

Form 990, Part VI, Section B, Line 12C

Voting members of the governing board are required to annually review conflict of interest policy and submit a signed declaration of any relationships which currently or may in the future result in a conflict of interest.

Form 990, Part VI, Section B, Line 15A

Board or it's appointed committee of disinterested members must review regional compensation data and present any changes to salary ranges for the executive director and other director level staff to the board for approval. Voting members with a conflicting interest are required to declare their interest and recuse themselves from voting.

Form 990, Part VI, Section B, Line 15B

Board or it's appointed committee of disinterested members must review regional compensation data and present any changes to salary ranges for the executive director and other director level staff to the board for approval. Voting members with a conflicting interest are required to declare their interest and recuse themselves from voting.

Form 990, Part VI, Section C, Line 18

Governing documents, conflict of interest policy, and financial statements are available upon written request to the organization's mailing address or posted email address.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Elevate Tutoring Inc
EIN
45-1058760
Phone
4089158874
Address
2641 THRASHER LANE, SAN JOSE, CA 95125

Signing Officer

Name
Robert William Schaffer
Title
Founder/Board Chair
Signed
2024-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert William Schaffer
Formed
2011
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
14
Volunteers
3

Preparer

Firm
Lydia R Botsford CPA
Address
10080 N Wolfe Road Suite SW3-200, Cupertino, CA 95014
Preparer
Lydia Botsford
Phone
4083799999
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IRS990/PayrollTaxesGrp/TotalAmt019896
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ROBERT WILLIAM SCHAFFER
IRS990/PriorPeriodAdjustmentsAmt0-65
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PARTNER TRAINING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02750
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0339416
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0175974
IRS990/PYInvestmentIncomeAmt02318
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt019034
IRS990/PYProgramServiceRevenueAmt02000
IRS990/PYRevenuesLessExpensesAmt0-8942
IRS990/PYSalariesCompEmpBnftPaidAmt0157668
IRS990/PYTotalExpensesAmt0352676
IRS990/PYTotalRevenueAmt0343734
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt042636
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt026897
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt026897
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0600039
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0336256
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0225000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0238429
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0108252
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01507976
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01013
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01888
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02901
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01888
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02901
IRS990ScheduleA/InvestmentIncomeCYPct00.00190
IRS990ScheduleA/InvestmentIncomePYPct00.00190
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98030
IRS990ScheduleA/PublicSupportPY509Pct00.97370
IRS990ScheduleA/PublicSupportTotal509Amt01481079
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt026897
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt026897
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0600039
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0336256
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0225000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0238429
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0108252
IRS990ScheduleA/Total509Grp/TotalAmt01507976
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0600039
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0337269
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0226888
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0238429
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0108252
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01510877
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/TotalBookValueSecuritiesAmt038499
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0210357
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0INDIVIDUALS LESS THAN $5000
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DRAFT FORMS ARE PROVIDED TO THE VOTING MEMBERS OF THE GOVERNING BODY AND KEY EMPLOYEES FOR REVIEW AND COMMENT IN ADVANCE OF FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOTING MEMBERS OF THE GOVERNING BOARD ARE REQUIRED TO ANNUALLY REVIEW CONFLICT OF INTEREST POLICY AND SUBMIT A SIGNED DECLARATION OF ANY RELATIONSHIPS WHICH CURRENTLY OR MAY IN THE FUTURE RESULT IN A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OR IT'S APPOINTED COMMITTEE OF DISINTERESTED MEMBERS MUST REVIEW REGIONAL COMPENSATION DATA AND PRESENT ANY CHANGES TO SALARY RANGES FOR THE EXECUTIVE DIRECTOR AND OTHER DIRECTOR LEVEL STAFF TO THE BOARD FOR APPROVAL. VOTING MEMBERS WITH A CONFLICTING INTEREST ARE REQUIRED TO DECLARE THEIR INTEREST AND RECUSE THEMSELVES FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD OR IT'S APPOINTED COMMITTEE OF DISINTERESTED MEMBERS MUST REVIEW REGIONAL COMPENSATION DATA AND PRESENT ANY CHANGES TO SALARY RANGES FOR THE EXECUTIVE DIRECTOR AND OTHER DIRECTOR LEVEL STAFF TO THE BOARD FOR APPROVAL. VOTING MEMBERS WITH A CONFLICTING INTEREST ARE REQUIRED TO DECLARE THEIR INTEREST AND RECUSE THEMSELVES FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION'S MAILING ADDRESS OR POSTED EMAIL ADDRESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0263004
IRS990/TotalAssetsEOYAmt0340211
IRS990/TotalAssetsGrp/BOYAmt0263004
IRS990/TotalAssetsGrp/EOYAmt0340211
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0603535
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt022533
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0137485
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0405519
IRS990/TotalFunctionalExpensesGrp/TotalAmt0565537
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt093480
IRS990/TotalLiabilitiesEOYAmt0128116
IRS990/TotalLiabilitiesGrp/BOYAmt093480
IRS990/TotalLiabilitiesGrp/EOYAmt0128116
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0169524
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0212095

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