Civic Intelligence

Elevate Housing Foundation

990 • Fiscal year 2018 • EIN 82-1235705

Jan 01, 2018 to Dec 31, 2018

Lincolnwood, IL
Siviq Scores

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

Liabilities / Assets

94th percentile

1.11x

Higher debt load relative to assets than 94% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

2.03x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

13th percentile

-19%

Higher net margin than 13% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

100th percentile

878579800%

Faster asset growth than 100% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Assets

Up

$8,785,799

Up $8,785,799 from 2017

Net Assets

Down

-$991,426

Down $904,040 (-1035%) from 2017

Liabilities

Up

$9,777,225

Up $9,689,839 (+11089%) from 2017

Revenue

Up

$4,817,960

Up $4,817,960 from 2017

Expenses

Up

$5,722,000

Up $5,634,614 (+6448%) from 2017

Net Income

Down

-$904,040

Down $816,654 (-935%) from 2017

Historical Trend

Balance Sheet Trend

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

$100M$50M$0-$50MAssets 2017: $0Liabilities 2017: $87,386Net Assets 2017: -$87,3862017Assets 2018: $8,785,799Liabilities 2018: $9,777,225Net Assets 2018: -$991,4262018Assets 2019: $32,627,581Liabilities 2019: $35,839,783Net Assets 2019: -$3,212,2022019Assets 2020: $33,651,372Liabilities 2020: $50,029,699Net Assets 2020: -$16,378,3272020Assets 2021: $28,372,310Liabilities 2021: $55,816,644Net Assets 2021: -$27,444,3342021Assets 2022: $32,604,403Liabilities 2022: $60,552,413Net Assets 2022: -$27,948,0102022Assets 2023: $36,757,046Liabilities 2023: $65,415,163Net Assets 2023: -$28,658,1172023Assets 2024: $43,035,202Liabilities 2024: $68,741,735Net Assets 2024: -$25,706,5332024

Highlighted filing

2018

Assets$8,785,799
Liabilities$9,777,225
Net Assets-$991,426

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2017: $0Expenses 2017: $87,386Net Income 2017: -$87,3862017Revenue 2018: $4,817,960Expenses 2018: $5,722,000Net Income 2018: -$904,0402018Revenue 2019: $14,186,749Expenses 2019: $16,407,525Net Income 2019: -$2,220,7762019Revenue 2020: $19,130,686Expenses 2020: $22,230,167Net Income 2020: -$3,099,4812020Revenue 2021: $19,775,453Expenses 2021: $25,146,833Net Income 2021: -$5,371,3802021Revenue 2022: $24,527,753Expenses 2022: $25,031,429Net Income 2022: -$503,6762022Revenue 2023: $26,409,094Expenses 2023: $27,119,201Net Income 2023: -$710,1072023Revenue 2024: $28,854,452Expenses 2024: $25,902,868Net Income 2024: $2,951,5842024

Highlighted filing

2018

Revenue$4,817,960
Expenses$5,722,000
Net Income-$904,040
Filing Detail Status

This 2018 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Mission and Program Overview

Mission

Elevate Housing Foundation(Elevate) is organized and shall be operated exclusively for charitable purposes, including relieving the poor and distressed by providingsafe, decent and sanitary housing to seniors and families in need of affordable housing. While not limited to such, Elevate may provide housing that is subsidized by HUD or by other governmental programs. However, regardless of any subsidy, occupancy in housing owned by Elevate will be limited in accordance with the standards set forth fo nonprofit affordable housing in Rev. Proc 96-32.

Document Assets

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