Civic Intelligence

Elev8 Foundation Inc.

EIN 82-4678646 • 501(c)3 • Marietta, GA

Pub. 78 Eligible990-N CoverageNTEE T30

Profile

To identify, develop, and make available, educational, health, and financial resources to children and related benefits to mothers in undeserved communities.

3453 Chastain Glen Lane NEMarietta, GA 30066

www.elev8lives.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.00x

Higher debt load relative to assets than 75% of similar nonprofits.

NTEE T30 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

81st percentile

0.04x

Higher debt load relative to revenue than 81% of similar nonprofits.

NTEE T30 • <$500k nonprofits • Source year 2023

Net Margin

3rd percentile

-720%

Higher net margin than 3% of similar nonprofits.

NTEE T30 • <$500k nonprofits • Source year 2023

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE T30 • <$500k nonprofits • Source year 2023

Asset Growth

26th percentile

-23%

Faster asset growth than 26% of similar nonprofits.

NTEE T30 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

4th percentile

-97%

Faster revenue growth than 4% of similar nonprofits.

NTEE T30 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$99,015

Down $28,912 (-23%) from 2022

Liabilities

$170

No earlier filing loaded for comparison.

Net Assets

Down

$98,699

Down $28,823 (-23%) from 2022

Operations
Liabilities / Revenue81st percentileNet Margin3rd percentile

Revenue

Down

$4,062

Down $136,305 (-97%) from 2022

Expenses

Up

$33,290

Up $20,445 (+159%) from 2022

Net Income

Down

-$29,228

Down $156,750 (-123%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth26th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2022: $127,927Net Assets 2022: $127,5222022Assets 2023: $99,015Liabilities 2023: $170Net Assets 2023: $98,6992023

Highlighted filing

2023

Assets$99,015
Liabilities$170
Net Assets$98,699
Open 2023 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2022: $140,367Expenses 2022: $12,845Net Income 2022: $127,5222022Revenue 2023: $4,062Expenses 2023: $33,290Net Income 2023: -$29,2282023

Highlighted filing

2023

Revenue$4,062
Expenses$33,290
Net Income-$29,228
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$99,015
Liabilities
$170
Net assets
$98,699
Revenue
$4,062
Expenses
$33,290
Net income
-$29,228
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.04$0.33$0.29
2022Detailed filing. Detailed filing data is available for this year.$1.28$1.28$1.40$0.13$1.28
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 2, 2024
Return Version
2023v5.1
Gross Receipts
$4,062
Mission and Program Overview

Mission

To identify, develop, and make available, educational, health, and financial resources to children and related benefits to mothers in undeserved communities.

Program Services

DescriptionGrantsExpenses
ELEV8 ECONOMIC DEVELOPMENT PROJECT CAPITAL INVESTMENT: FUND TO INVEST IN EMERGING BUSINESSES ON THE CONTINENT THAT WILL LATER GENERATE A RETURN FOR ELEV8 FOR MORE IMPACT INVESTMENTS. 1ST INVESTMENT WAS TO INNOVARX GLOBAL HEALTH AN INNOVATIVE HEALTHCARE SOLUTION COMPANY WORKING TO DEMOCRATIZE ACCESS TO QUALITY HEALTHCARE ACROSS SUB-SAHARAN AFRICA. (10K LIVES IMPACTED SINCE INVESTMENT)$60,000$50,000
WOMEN [:AMP:] CHILDRENS HEALTH CENTER: BUILDING AN ULTRA-MODERN HEALTHCARE FACILITY IN CENTRAL GAMBIA TO PROVIDE HEALTHCARE SERVICES TO WOMEN AND CHILDREN. THIS PROJECT WILL IMPACT UP TO 16 OF THE GAMBIAN POPULATION. WITH THIS HEALTH CENTER WOMEN WILL NOT HAVE TO TRAVEL 4HRS TO GET THE CARE THEY NEED. *ESTIMATED. FIRST PHASE OF BUILDING STARTS NOVEMBER 2024.$19,508$6,000
ELEV8 SCHOLARSHIP: PROVIDING FULL ACADEMIC SCHOLARSHIPS TO UNIVERSITY OF THE GAMBIA STUDENTS. CURRENTLY SUPPORTING 3 STUDENTS. PLAN TO INCREASE 2X ANNUALLY.$19,508$2,645
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HADDY J COULIBALYPresident CEO [:Amp:] Baord ChairPT$0--
IDA SANNEHCOO [:Amp:] Board Vice ChairPT$0--
AMADOU M JALLOWBoard MemberPT$0--
ARCHIE JONESBoard MemberPT$0--
FATIM BADJIEBoard MemberPT$0--
PASTOR FRANCIS FORBESBoard MemberPT$0--
AMADOU OJ JALLOWBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Elev8 Foundation Inc
EIN
82-4678646
Phone
6786567541
Address
3453 CHASTAIN GLEN LANE NE, MARIETTA, GA 30066

Signing Officer

Name
Haddy J Coulibaly
Title
President - CEO
Phone
6786567541
Signed
2024-08-02
Discuss with paid preparer
Yes

Preparer

Firm
Arch Tax Service LLC
Address
3300 BUCKEYE RD STE 527, ATLANTA, GA 30341
Preparer
Alieu Bah
Phone
6788091496
Supplemental Narrative

Additional Explanations

Part I, Line 10

“The balance of the contributions were each usd 5,000 or less.”

Part I, Line 16

“1) other expenses advertising marketing amount 2000 2) other expenses bank charges fees amount 715 3) other expenses meals entertainment amount 195 4) other expenses other miscellaneuos organization expenses amount 3000 5) other expenses reimbursable expenses amount 980 6) other expenses travel expenses amount 5558”

Part II, Line 26

“1) description current liabilities boy amount 0 eoy amount 170.01”

Raw XML Appendix170 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6AMADOU OJ JALLOW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT CEO [:AMP:] BAORD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1COO [:AMP:] BOARD VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
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IRS990EZ/PrimaryExemptPurposeTxt0TO IDENTIFY, DEVELOP, AND MAKE AVAILABLE, EDUCATIONAL, HEALTH, AND FINANCIAL RESOURCES TO CHILDREN AND RELATED BENEFITS TO MOTHERS IN UNDESERVED COMMUNITIES.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2ELEV8 SCHOLARSHIP: PROVIDING FULL ACADEMIC SCHOLARSHIPS TO UNIVERSITY OF THE GAMBIA STUDENTS. CURRENTLY SUPPORTING 3 STUDENTS. PLAN TO INCREASE 2X ANNUALLY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt060000
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07982
IRS990ScheduleA/TotalSupportAmt09429
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BALANCE OF THE CONTRIBUTIONS WERE EACH USD 5,000 OR LESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11) OTHER EXPENSES ADVERTISING MARKETING AMOUNT 2000 2) OTHER EXPENSES BANK CHARGES FEES AMOUNT 715 3) OTHER EXPENSES MEALS ENTERTAINMENT AMOUNT 195 4) OTHER EXPENSES OTHER MISCELLANEUOS ORGANIZATION EXPENSES AMOUNT 3000 5) OTHER EXPENSES REIMBURSABLE EXPENSES AMOUNT 980 6) OTHER EXPENSES TRAVEL EXPENSES AMOUNT 5558
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21) DESCRIPTION CURRENT LIABILITIES BOY AMOUNT 0 EOY AMOUNT 170.01
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART II, LINE 26
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HADDY J COULIBALY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT - CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06786567541
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELEV8 FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ELEV
ReturnHeader/Filer/EIN0824678646
ReturnHeader/Filer/PhoneNum06786567541
ReturnHeader/Filer/USAddress/AddressLine1Txt03453 CHASTAIN GLEN LANE NE
ReturnHeader/Filer/USAddress/CityNm0MARIETTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030066
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475353583
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ARCH TAX SERVICE LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03300 BUCKEYE RD STE 527
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030341
ReturnHeader/PreparerPersonGrp/PhoneNum06788091496
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALIEU BAH
ReturnHeader/ReturnTs02024-08-05T16:40:45-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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