Civic Intelligence

Elmington Elevates Inc.

990 • Fiscal year 2023 • EIN 82-0970571

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

1030 16th Ave S Ste 500Nashville, TN 37212

(615) 490-6700

Siviq Scores

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

Liabilities / Assets

88th percentile

0.35x

Higher debt load relative to assets than 88% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

15th percentile

-31%

Higher net margin than 15% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

98th percentile

$94,800

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 44.8% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

6th percentile

-70%

Faster asset growth than 6% of similar nonprofits.

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

Revenue Growth

55th percentile

8.6%

Faster revenue growth than 55% of similar nonprofits.

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

Assets

Down

$24,068

Down $57,327 (-70%) from 2022

Net Assets

Down

$15,702

Down $64,656 (-80%) from 2022

Liabilities

Up

$8,366

Up $7,329 (+707%) from 2022

Revenue

Up

$211,691

Up $16,798 (+8.6%) from 2022

Expenses

Up

$276,347

Up $25,785 (+10%) from 2022

Net Income

Down

-$64,656

Down $8,987 (-16%) from 2022

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2018: $34,763Liabilities 2018: $2,275Net Assets 2018: $32,4882018Assets 2019: $51,038Liabilities 2019: $1,816Net Assets 2019: $49,2222019Assets 2020: $87,353Liabilities 2020: $14,138Net Assets 2020: $73,2152020Assets 2021: $136,027Liabilities 2021: $0Net Assets 2021: $136,0272021Assets 2022: $81,395Liabilities 2022: $1,037Net Assets 2022: $80,3582022Assets 2023: $24,068Liabilities 2023: $8,366Net Assets 2023: $15,7022023Assets 2024: $19,663Liabilities 2024: $32,696Net Assets 2024: -$13,0332024

Highlighted filing

2023

Assets$24,068
Liabilities$8,366
Net Assets$15,702

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2018: $139,761Expenses 2018: $128,941Net Income 2018: $10,8202018Revenue 2019: $190,344Expenses 2019: $173,610Net Income 2019: $16,7342019Revenue 2020: $205,762Expenses 2020: $181,769Net Income 2020: $23,9932020Revenue 2021: $216,504Expenses 2021: $167,830Net Income 2021: $48,6742021Revenue 2022: $194,893Expenses 2022: $250,562Net Income 2022: -$55,6692022Revenue 2023: $211,691Expenses 2023: $276,347Net Income 2023: -$64,6562023Revenue 2024: $286,774Expenses 2024: $315,509Net Income 2024: -$28,7352024

Highlighted filing

2023

Revenue$211,691
Expenses$276,347
Net Income-$64,656
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.0
Gross Receipts
$240,600
Mission and Program Overview

Mission

Focused on elevating our communities, particularly children from low-income families. The organization invites individuals and corporate partners to donate funds and volunteer their time through our current initiatives, which include a school supply drive, toy drive, and an after school care program.

The organization invites individuals and corporate partners to donate funds and volunteer their time through our current initiatives, which include a school supply drive, toy drive, and a youth mentorship program. Four times a year, elmington's various corporate partners, employee teams, and vendors are invited to participate in our "drives," where we collected needed goods and delivered them within the community to individuals and organizations. Further, in 2021, a free after school care program located at a nashville area title 1 elementary schools was launched. Beginning in august 2023, we provide free care for 100 students at two nashville area title 1 schools, adding a second school location. We provide a meal for students, enrichment programs, and academic support. This program is entirely free for families and the school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$80,358$15,702▼ $64,656
Cash and Non-Interest-Bearing Accounts$75,435$6,443▼ $68,992
Total Assets$81,395$24,068▼ $57,327
Other Assets Total$5,960$17,625▲ $11,665
Liabilities
Accounts Payable and Accrued Expenses$1,037$8,366▲ $7,329
Total Liabilities$1,037$8,366▲ $7,329
Net Assets / Fund Balance
Total Net Assets Fund Balance$80,358$15,702▼ $64,656
Total Liabilities and Net Assets / Fund Balance$81,395$24,068▼ $57,327

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$170--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Crystal BlaylockExecutive DiFT$94,800$94,800

Board Members and Trustees

NameTitle
Brienn KlahnCo-chair
Kerri DavisPresident, C
Brad CatherTrustee
Dr Sherlata SandersTrustee
Ryan SeibelsTrustee
Lindsay MaguireSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$204,802
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$6,889
All Other Contributions
$204,802
Change in Net Assets
$-64,656
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$192,135
Other Expenses$66,712
Total Fundraising Expense$57,249
Grants and Similar Amounts Paid$17,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$47,400$23,700$23,700$94,800
Other Salaries and Wages$83,663--$83,663
Grants to Domestic Orgs$17,500--$17,500
Payroll Taxes$10,074$1,799$1,799$13,672
Travel$6,231--$6,231
Insurance-$4,920-$4,920
Fees for Services Accounting-$4,600-$4,600
All Other Expenses$1,812$2,262$69$4,143
Information Technology$1,152$2,858-$4,010
Office Expenses-$3,631-$3,631
Other Expenses$3,382$3,344$8,032$3,344
Advertising--$1,077$1,077
Occupancy$770--$770
Total Functional Expenses$171,984$47,114$57,249$276,347
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Carter Lawrence Elementary SchoolNashville, TN-Education$12,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$35,798
Fundraising Direct Expenses$28,909
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Thrive 5k$35,798$35,798$28,909$6,889
Total Events$35,798$35,798$28,909$6,889
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
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7B

Decisions of the governing body are subject to approval by members.

Form 990, Page 6, Part VI, Line 8B

There are no committees with the authority to act on behalf of the governing body.

Form 990, Page 6, Part VI, Line 11B

The members of the governing board were provided with a copy of the form 990 before it was filed. The executive director, chair, and vice chair along with the accountant review the form 990 prior to filing. The executive director, vice chair, and accountant do a detailed review of the form 990 tying numbers within the return to the year-end books and double checking all information within the form for accuracy. After detailed review of form 990 by the executive director, vice chair, and accountant, the chair will do a high-level review of the form prior to signing it and returning it to the tax form preparers.

Form 990, Page 6, Part VI, Line 12C

The organization regularly monitors and enforces compliance with the policy.

Form 990, Page 6, Part VI, Line 15A

The salary for our executive director position was determined by evaluating the nashville market for other executive directors using research from the center for non-profit management. Also considered was the ed's previous salary in roles with the national stroke association and mda (in a similar position). This information was relayed to the board and an offer for employment was created in 2018 and was reassessed at the end of 2019. Each year this was reassessed and a reasonable salary increase was approved for our executive director.

Form 990, Page 6, Part VI, Line 19

All documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Elmington Elevates Inc
EIN
82-0970571
Phone
6154906700
Address
1030 16TH AVE S STE 500, NASHVILLE, TN 37212

Signing Officer

Name
Kerri Davis
Title
President, Chairman
Phone
6154906700
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kerri Davis
Formed
2017
Voting Board Members
7
Independent Board Members
7
Employees
9
Volunteers
30

Preparer

Firm
Mullins Clemmons & Mayes Pllc
Address
340 SEVEN SPRINGS WAY STE 720, BRENTWOOD, TN 37027-5098
Preparer
Aden M Weaver
Phone
6153708576
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Focused on elevating our communities, particularly children from low-income families. The organization invites individuals and corporate partners to donate funds and volunteer their time through our current initiatives, which include a school supply drive, toy drive, and an after school care program.

Form 990, Page 2, Part III, Line 4D

Total other program services expenses not related to the top 2 programs.

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

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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0204802
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0195556
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0215840
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0138574
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0190344
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0945116
IRS990ScheduleA/TotalSupportAmt0945116
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt08782
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13732
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt23592
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3759
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4220
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5195
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt6175
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt7170
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM ELMINGTON PROPERTY MGMT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PREPAID EXPENSES - INSURANCE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2A/R - PAYROLL
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DUE FROM ELMINGTON CONSTRUCTION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4DUE FROM ELMINGTON RESIDENTIAL
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5DUE FROM FORTRESS TECHNOLOGY SOLUTIO
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6DUE FROM ELMINGTON AFFORDABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7DUE FROM ELMINGTON COMMERCIAL
IRS990ScheduleD/TotalBookValueOtherAssetsAmt017625
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt028909
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0THRIVE 5K
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt035798
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt035798
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt035798
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt035798
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt06889
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt028909
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt028909
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt012500
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CARTER LAWRENCE ELEMENTARY SCHOOL
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01118 12TH AVE S
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NASHVILLE
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FOCUSED ON ELEVATING OUR COMMUNITIES, PARTICULARLY CHILDREN FROM LOW-INCOME FAMILIES. THE ORGANIZATION INVITES INDIVIDUALS AND CORPORATE PARTNERS TO DONATE FUNDS AND VOLUNTEER THEIR TIME THROUGH OUR CURRENT INITIATIVES, WHICH INCLUDE A SCHOOL SUPPLY DRIVE, TOY DRIVE, AND AN AFTER SCHOOL CARE PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TOTAL OTHER PROGRAM SERVICES EXPENSES NOT RELATED TO THE TOP 2 PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MEMBERS OF THE GOVERNING BOARD WERE PROVIDED WITH A COPY OF THE FORM 990 BEFORE IT WAS FILED. THE EXECUTIVE DIRECTOR, CHAIR, AND VICE CHAIR ALONG WITH THE ACCOUNTANT REVIEW THE FORM 990 PRIOR TO FILING. THE EXECUTIVE DIRECTOR, VICE CHAIR, AND ACCOUNTANT DO A DETAILED REVIEW OF THE FORM 990 TYING NUMBERS WITHIN THE RETURN TO THE YEAR-END BOOKS AND DOUBLE CHECKING ALL INFORMATION WITHIN THE FORM FOR ACCURACY. AFTER DETAILED REVIEW OF FORM 990 BY THE EXECUTIVE DIRECTOR, VICE CHAIR, AND ACCOUNTANT, THE CHAIR WILL DO A HIGH-LEVEL REVIEW OF THE FORM PRIOR TO SIGNING IT AND RETURNING IT TO THE TAX FORM PREPARERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE SALARY FOR OUR EXECUTIVE DIRECTOR POSITION WAS DETERMINED BY EVALUATING THE NASHVILLE MARKET FOR OTHER EXECUTIVE DIRECTORS USING RESEARCH FROM THE CENTER FOR NON-PROFIT MANAGEMENT. ALSO CONSIDERED WAS THE ED'S PREVIOUS SALARY IN ROLES WITH THE NATIONAL STROKE ASSOCIATION AND MDA (IN A SIMILAR POSITION). THIS INFORMATION WAS RELAYED TO THE BOARD AND AN OFFER FOR EMPLOYMENT WAS CREATED IN 2018 AND WAS REASSESSED AT THE END OF 2019. EACH YEAR THIS WAS REASSESSED AND A REASONABLE SALARY INCREASE WAS APPROVED FOR OUR EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt081395
IRS990/TotalAssetsGrp/EOYAmt024068
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0204802
IRS990/TotalEmployeeCnt09
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt047114
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0171984
IRS990/TotalFunctionalExpensesGrp/TotalAmt0276347
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01037
IRS990/TotalLiabilitiesEOYAmt08366
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IRS990/TotalLiabilitiesGrp/EOYAmt08366
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt015702
IRS990/TotalOtherProgSrvcExpenseAmt019613
IRS990/TotalProgramServiceExpensesAmt0171984
IRS990/TotalReportableCompFromOrgAmt094800
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0211691
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt081395
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt024068
IRS990/TravelGrp/ProgramServicesAmt06231
IRS990/TravelGrp/TotalAmt06231
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0NASHVILLE
IRS990/USAddress/StateAbbreviationCd0TN
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IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0ELMINGTONELEVATES.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KERRI DAVIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT, CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum06154906700
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELMINGTON ELEVATES INC
ReturnHeader/Filer/BusinessNameControlTxt0ELMI
ReturnHeader/Filer/EIN0820970571
ReturnHeader/Filer/PhoneNum06154906700
ReturnHeader/Filer/USAddress/AddressLine1Txt01030 16TH AVE S STE 500
ReturnHeader/Filer/USAddress/CityNm0NASHVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621409003
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MULLINS CLEMMONS & MAYES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0340 SEVEN SPRINGS WAY STE 720
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRENTWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0370275098
ReturnHeader/PreparerPersonGrp/PhoneNum06153708576
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADEN M WEAVER
ReturnHeader/ReturnTs02024-11-14T15:52:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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