Civic Intelligence

Elevate USA

990 • Fiscal year 2015 • EIN 46-3637392

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

6907 Parfet StArvada, CO 80004

(720) 320-0252

Siviq Scores

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

Liabilities / Assets

56th percentile

0.07x

Higher debt load relative to assets than 56% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

56th percentile

0.06x

Higher debt load relative to revenue than 56% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

80th percentile

22%

Higher net margin than 80% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

86th percentile

$91,125

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 15.3% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

87th percentile

41%

Faster asset growth than 87% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

59th percentile

7.7%

Faster revenue growth than 59% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$532,625

Up $153,543 (+41%) from 2014

Net Assets

Up

$494,611

Up $148,251 (+43%) from 2014

Liabilities

Up

$38,014

Up $5,292 (+16%) from 2014

Revenue

Up

$597,060

Up $42,546 (+7.7%) from 2014

Expenses

Up

$464,610

Up $256,456 (+123%) from 2014

Net Income

Down

$132,450

Down $213,910 (-62%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2014: $379,082Liabilities 2014: $32,722Net Assets 2014: $346,3602014Assets 2015: $532,625Liabilities 2015: $38,014Net Assets 2015: $494,6112015Assets 2016: $1,115,601Liabilities 2016: $112,476Net Assets 2016: $1,003,1252016Assets 2017: $884,096Liabilities 2017: $56,809Net Assets 2017: $827,2872017Assets 2018: $708,836Liabilities 2018: $162,333Net Assets 2018: $546,5032018Assets 2019: $741,872Liabilities 2019: $161,088Net Assets 2019: $580,7842019Assets 2020: $1,245,716Liabilities 2020: $542,832Net Assets 2020: $702,8842020Assets 2021: $1,130,390Liabilities 2021: $137,014Net Assets 2021: $993,3762021Assets 2022: $2,635,595Liabilities 2022: $1,311,894Net Assets 2022: $1,323,7012022Assets 2023: $1,256,988Liabilities 2023: $495,571Net Assets 2023: $761,4172023Assets 2024: $1,474,452Liabilities 2024: $408,610Net Assets 2024: $1,065,8422024

Highlighted filing

2015

Assets$532,625
Liabilities$38,014
Net Assets$494,611

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $554,514Expenses 2014: $208,154Net Income 2014: $346,3602014Revenue 2015: $597,060Expenses 2015: $464,610Net Income 2015: $132,4502015Revenue 2016: $1,123,697Expenses 2016: $615,183Net Income 2016: $508,5142016Revenue 2017: $814,003Expenses 2017: $989,841Net Income 2017: -$175,8382017Revenue 2018: $689,427Expenses 2018: $970,211Net Income 2018: -$280,7842018Revenue 2019: $928,249Expenses 2019: $893,968Net Income 2019: $34,2812019Revenue 2020: $850,872Expenses 2020: $743,772Net Income 2020: $107,1002020Revenue 2021: $1,320,515Expenses 2021: $1,029,520Net Income 2021: $290,9952021Revenue 2022: $2,389,198Expenses 2022: $2,058,873Net Income 2022: $330,3252022Revenue 2023: $2,132,106Expenses 2023: $2,694,390Net Income 2023: -$562,2842023Revenue 2024: $2,780,741Expenses 2024: $2,482,886Net Income 2024: $297,8552024

Highlighted filing

2015

Revenue$597,060
Expenses$464,610
Net Income$132,450
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$597,060
Mission and Program Overview

Mission

Transforming cities by building

Transforming cities by building long-term, life-changing relationships with urban youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$361,882$427,399▲ $65,517
Pledges and Grants Receivable$17,200$100,626▲ $83,426
Prepaid Expenses and Deferred Charges-$4,600-
Total Assets$379,082$532,625▲ $153,543
Liabilities
Accounts Payable and Accrued Expenses$12,722$30,449▲ $17,727
Grants Payable$20,000$7,565▼ $12,435
Total Liabilities$32,722$38,014▲ $5,292
Net Assets / Fund Balance
Unrestricted Net Assets$329,160$494,611▲ $165,451
Temporarily Rstr Net Assets$17,200--
Total Net Assets Fund Balance$346,360$494,611▲ $148,251
Total Liabilities and Net Assets / Fund Balance$379,082$532,625▲ $153,543
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Debbi K SpeckBoard Member/CEOFT$91,125$91,125

Board Members and Trustees

NameTitle
Dr Kent Hutcheson PhdCo-chair
Shawn MclaughlinCo-chair
Charles E Mueller JrBoard Member
Dr Robert GriffithBoard Member
Gina FraleyBoard Member
Jack McgillBoard Member
Mike PainterBoard Member
Jay ClearySecretary
Brian BessTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$593,501
Program Service Revenue
$3,419
Investment Income
$140
Other Revenue
$0
All Other Contributions
$593,501
Change in Net Assets
$132,450

Audited Revenue Reconciliation

Revenue per Audited Statements
$597,060
Total Revenue per Audited Statements
$597,060
Total Revenue per Form 990
$597,060
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$276,342
Other Expenses$188,268
Total Fundraising Expense$14,455
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$99,308$40,659$2,571$142,538
Current Officers, Directors, Trustees, and Key Employees$45,563$36,450$9,112$91,125
Travel$37,125$0$0$37,125
Other Employee Benefits$14,683$8,872$937$24,492
Payroll Taxes$11,778$5,212$1,197$18,187
All Other Expenses$10,774$1,076$15$11,865
Fees for Services Other$8,315$0$0$8,315
Fees for Services Legal$5,672$0$0$5,672
Insurance$1,867$1,867$0$3,734
Fees for Services Accounting$2,140$1,139$172$3,451
Advertising$2,960$0$0$2,960
Other Expenses$1,767$941$142$2,850
Information Technology$1,258$1,258$0$2,516
Conferences and Meetings$2,341$0$0$2,341
Office Expenses$581$1,743$0$2,324
Occupancy$93$50$8$151
Total Functional Expenses$348,560$101,595$14,455$464,610

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$464,610
Total Expenses per Audited Statements$464,610
Total Expenses per Form 990$464,610
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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 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
Filing and Contact Details

Filer

Filer Name
Elevate USA
EIN
46-3637392
Phone
7203200252
Address
6907 PARFET ST, ARVADA, CO 80004

Signing Officer

Name
Debbi K Speck
Title
Executive Director
Phone
7203200252
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debbi K Speck
Formed
2014
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
3
Volunteers
15

Preparer

Firm
The Accounting Department Inc
Address
12520 Forest Street, Thornton, CO 80241
Preparer
Gregory W Dickson
Phone
3039976827
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The board is provided copies of irs form 990 for review and comment prior to filing.

Pt VI, Line 12C

The conflict of interest policy is reviewed annually by the m board of directors.

Pt VI, Line 15A

Ceo salary is set by the board of directors, after a review of salary ranges for similar nonprofit organizations. Salary is reviewed annually as a part of the board's review of ceo performance.

Pt VI, Line 15B

Salaries are set by the ceo, and approved by the board as part of the annual budget review and approval process.

Pt VI, Line 18

The organization's irs form 1023 and annual irs forms 990 are available upon request.

Pt VI, Line 19

The organizations's bylaws and articles of incorporation are available upon request.

Form 990, Part IX, Line 24E

Postage and shipping 626. 626. 0. 0.

Form 990, Part IX, Line 24E

Printing and copying 676. 676. 0. 0.

Form 990, Part IX, Line 24E

Books, subscriptions 188. 188. 0. 0.

Form 990, Part IX, Line 24E

Miscellaneous 1123. 1123. 0. 0.

Form 990, Part IX, Line 24E

Website development 3375. 3375. 0. 0.

Form 990, Part IX, Line 24E

Website maintenance 3622. 3622. 0. 0.

Form 990, Part IX, Line 24E

GIFTS 298. 185. 98. 15.

Form 990, Part IX, Line 24E

Equipment 1957. 979. 978. 0.

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IRS990/PriorPeriodAdjustmentsAmt015801
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0813311
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03419
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0554514
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0122301
IRS990/PYRevenuesLessExpensesAmt0346360
IRS990/PYSalariesCompEmpBnftPaidAmt085853
IRS990/PYTotalExpensesAmt0208154
IRS990/PYTotalRevenueAmt0554514
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0132450
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0593501
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0574414
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01167915
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0140
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0140
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04319
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0286423
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0881492
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0593501
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0574414
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01167915
IRS990ScheduleA/TotalSupportAmt01168055
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/ExpensesSubtotalAmt0464610
IRS990ScheduleD/RevenueSubtotalAmt0597060
IRS990ScheduleD/TotalExpensesPerForm990Amt0464610
IRS990ScheduleD/TotalRevenuePerForm990Amt0597060
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0597060
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0464610
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD IS PROVIDED COPIES OF IRS FORM 990 FOR REVIEW AND COMMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE M BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CEO SALARY IS SET BY THE BOARD OF DIRECTORS, AFTER A REVIEW OF SALARY RANGES FOR SIMILAR NONPROFIT ORGANIZATIONS. SALARY IS REVIEWED ANNUALLY AS A PART OF THE BOARD'S REVIEW OF CEO PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SALARIES ARE SET BY THE CEO, AND APPROVED BY THE BOARD AS PART OF THE ANNUAL BUDGET REVIEW AND APPROVAL PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S IRS FORM 1023 AND ANNUAL IRS FORMS 990 ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATIONS'S BYLAWS AND ARTICLES OF INCORPORATION ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6POSTAGE AND SHIPPING 626. 626. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PRINTING AND COPYING 676. 676. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BOOKS, SUBSCRIPTIONS 188. 188. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MISCELLANEOUS 1123. 1123. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10WEBSITE DEVELOPMENT 3375. 3375. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11WEBSITE MAINTENANCE 3622. 3622. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12GIFTS 298. 185. 98. 15.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13EQUIPMENT 1957. 979. 978. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CO
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt017200
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0379082
IRS990/TotalAssetsEOYAmt0532625
IRS990/TotalAssetsGrp/BOYAmt0379082
IRS990/TotalAssetsGrp/EOYAmt0532625
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0593501
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt014455
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0101595
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0348560
IRS990/TotalFunctionalExpensesGrp/TotalAmt0464610
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt032722
IRS990/TotalLiabilitiesEOYAmt038014
IRS990/TotalLiabilitiesGrp/BOYAmt032722
IRS990/TotalLiabilitiesGrp/EOYAmt038014
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0346360
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0494611
IRS990/TotalProgramServiceExpensesAmt0348560
IRS990/TotalProgramServiceRevenueAmt03419
IRS990/TotalReportableCompFromOrgAmt091125
IRS990/TotalRevenueGrp/ExclusionAmt0140
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03419
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0597060
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0379082
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0532625
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt037125
IRS990/TravelGrp/TotalAmt037125
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0329160
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0494611
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06907 PARFET ST
IRS990/USAddress/CityNm0ARVADA
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080004
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07

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