Civic Intelligence

Monument Innovations

990EZ • Fiscal year 2024 • EIN 83-3307425

Jul 01, 2023 to Jun 30, 2024 • Filed on Oct 09, 2024

Organization Profilewww.elev8education.com
26650 The Old Road Suite 212Valencia, CA 91381

(661) 775-4979

Siviq Scores

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

Liabilities / Assets

99th percentile

23.59x

Higher debt load relative to assets than 99% of similar nonprofits.

2024 filings • NTEE B60 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

100th percentile

51.33x

Higher debt load relative to revenue than 100% of similar nonprofits.

2024 filings • NTEE B60 • <$500k nonprofits • Source year 2024

Net Margin

1st percentile

-2868%

Higher net margin than 1% of similar nonprofits.

2024 filings • NTEE B60 • <$500k nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$1,350

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2024 filings • NTEE B60 • <$500k nonprofits • Source year 2024

Asset Growth

86th percentile

72%

Faster asset growth than 86% of similar nonprofits.

2024 filings • NTEE B60 • <$500k nonprofits • Annualized from 2021 to 2024

Revenue Growth

56th percentile

13%

Faster revenue growth than 56% of similar nonprofits.

2024 filings • NTEE B60 • <$500k nonprofits • Annualized from 2021 to 2024

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$30,769

Up $24,691 (+406%) from 2021

Net Assets

Down

-$695,161

Down $521,288 (-300%) from 2021

Liabilities

Up

$725,930

Up $545,979 (+303%) from 2021

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Up

$14,143

Up $4,355 (+44%) from 2021

Expenses

Up

$419,704

Up $329,302 (+364%) from 2021

Net Income

Down

-$405,561

Down $324,947 (-403%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$1.0M$500K$0-$500K-$1.0MAssets 2021: $6,078Liabilities 2021: $179,951Net Assets 2021: -$173,8732021Assets 2024: $30,769Liabilities 2024: $725,930Net Assets 2024: -$695,1612024

Highlighted filing

2024

Assets$30,769
Liabilities$725,930
Net Assets-$695,161
Open 2024 Filing

Operations Trend

Revenue Growth56th percentile

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

$500K$0-$500KRevenue 2021: $9,788Expenses 2021: $90,402Net Income 2021: -$80,6142021Revenue 2024: $14,143Expenses 2024: $419,704Net Income 2024: -$405,5612024

Highlighted filing

2024

Revenue$14,143
Expenses$419,704
Net Income-$405,561
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 9, 2024
Return Version
2023v5.1
Gross Receipts
$14,143
Mission and Program Overview

Mission

Provide solutions to dropout and transition problems by implementing jobs for america's graduates program in charter schools serving at risk youth to help students overcome barriers to graduation from highschool and become college and/or career ready

Program Services

DescriptionGrantsExpenses
PROVIDE SOLUTIONS TO DROPOUT AND TRANSITION PROBLEMS BY IMPLEMENTING JOBS FOR AMERICA'S GRADUATES PROGRAM IN CHARTER SCHOOLS SERVING AT RISK YOUTH TO HELP STUDENTS OVERCOME BARRIERS TO GRADUATION FROM HIGHSCHOOL AND BECOME COLLEGE AND/OR CAREER READY-$419,704
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRETT NELSONCEO-$1,350-$1,350
TY GODDESecretary-$1,350-$1,350
C STEPHEN HEXTCFO-$1,350-$1,350
Filing and Contact Details

Filer

Filer Name
MONUMENT INNOVATIONS fka ELEV8
EIN
83-3307425
Phone
6617754979
Address
26650 THE OLD ROAD SUITE 212, VALENCIA, CA 91381

Signing Officer

Name
Brett Nelson
Title
CEO
Signed
2024-10-09
Discuss with paid preparer
Yes

Preparer

Firm
Burkey Cox Evans & Bradford
Address
1058 W AVENUE M14, PALMDALE, CA 93551
Preparer
Laura A Bradford CPA
Phone
6612672005
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $294366”

Other Expenses.1002

“Office Expenses $57077”

Other Expenses.1012

“Insurance $10891”

Other Expenses.1

“Contract employment $8010”

Other Assets.1005

“Accounts Receivable - Beginning $250 Accounts Receivable - Ending $13400”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $930”

Total Liabilities.1

“LOAN PAYABLE - LLAC - Beginning $0 LOAN PAYABLE - LLAC - Ending $725000”

Raw XML Appendix139 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0C STEPHEN HEXT
IRS990EZ/BooksInCareOfDetail/PhoneNum06612721225
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt026650 THE OLD ROAD SUITE 212
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VALENCIA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd091381
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0210150
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt017369
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-405561
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt045310
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0210400
IRS990EZ/Form990TotalAssetsGrp/EOYAmt030769
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt014143
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NameChangeInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-289600
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-695161
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-289600
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-695161
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt01350
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt11350
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt21350
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRETT NELSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TY GODDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2C STEPHEN HEXT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0250
IRS990EZ/OtherAssetsTotalDetail/EOYAmt013400
IRS990EZ/OtherExpensesTotalAmt0370344
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE SOLUTIONS TO DROPOUT AND TRANSITION PROBLEMS BY IMPLEMENTING JOBS FOR AMERICA'S GRADUATES PROGRAM IN CHARTER SCHOOLS SERVING AT RISK YOUTH TO HELP STUDENTS OVERCOME BARRIERS TO GRADUATION FROM HIGHSCHOOL AND BECOME COLLEGE AND/OR CAREER READY
IRS990EZ/ProgramServiceRevenueAmt014143
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE SOLUTIONS TO DROPOUT AND TRANSITION PROBLEMS BY IMPLEMENTING JOBS FOR AMERICA'S GRADUATES PROGRAM IN CHARTER SCHOOLS SERVING AT RISK YOUTH TO HELP STUDENTS OVERCOME BARRIERS TO GRADUATION FROM HIGHSCHOOL AND BECOME COLLEGE AND/OR CAREER READY
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0419704
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt04050
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0500000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0725930
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0419704
IRS990EZ/TotalProgramServiceExpensesAmt0419704
IRS990EZ/TotalRevenueAmt014143
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.elev8education.com
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt09788
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09788
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt09788
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt09788
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09788
IRS990ScheduleA/TotalSupportAmt09788
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $294366
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $57077
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $10891
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACT EMPLOYMENT $8010
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Accounts Receivable - Beginning $250 Accounts Receivable - Ending $13400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $930
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LOAN PAYABLE - LLAC - Beginning $0 LOAN PAYABLE - LLAC - Ending $725000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRETT NELSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MONUMENT INNOVATIONS fka ELEV8
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EDUCATION
ReturnHeader/Filer/BusinessNameControlTxt0MONU
ReturnHeader/Filer/EIN0833307425
ReturnHeader/Filer/PhoneNum06617754979
ReturnHeader/Filer/USAddress/AddressLine1Txt026650 THE OLD ROAD SUITE 212
ReturnHeader/Filer/USAddress/CityNm0VALENCIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091381
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952868411
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BURKEY COX EVANS & BRADFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01058 W AVENUE M14
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PALMDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd093551
ReturnHeader/PreparerPersonGrp/PhoneNum06612672005
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Laura A Bradford CPA
ReturnHeader/ReturnTs02024-10-09T10:16:22-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,769
Liabilities
$725,930
Net assets
-$695,161
Revenue
$14,143
Expenses
$419,704
Net income
-$405,561
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.31$7.26$6.95$0.14$4.20$4.06
2021Detailed filing. Detailed filing data is available for this year.$0.06$1.80$1.74$0.10$0.90$0.81