Civic Intelligence

Elevatemed Inc.

990 • Fiscal year 2022 • EIN 83-3557457

Jan 01, 2022 to Dec 31, 2022 • Filed on May 31, 2023

12622 N 56th PlaceScottsdale, AZ 85254

(480) 269-5774

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

73rd percentile

23%

Higher net margin than 73% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

76th percentile

22%

Faster asset growth than 76% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

54th percentile

11%

Faster revenue growth than 54% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$637,593

Up $115,614 (+22%) from 2021

Net Assets

Up

$637,593

Up $115,614 (+22%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$512,935

Up $50,562 (+11%) from 2021

Expenses

Up

$397,321

Up $100,924 (+34%) from 2021

Net Income

Down

$115,614

Down $50,362 (-30%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2018: $1Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $175,440Liabilities 2019: $0Net Assets 2019: $175,4402019Assets 2020: $359,901Liabilities 2020: $3,898Net Assets 2020: $356,0032020Assets 2021: $521,979Liabilities 2021: $0Net Assets 2021: $521,9792021Assets 2022: $637,593Liabilities 2022: $0Net Assets 2022: $637,5932022Assets 2023: $351,926Liabilities 2023: $4,689Net Assets 2023: $347,2372023Assets 2024: $486,187Liabilities 2024: $0Net Assets 2024: $486,1872024

Highlighted filing

2022

Assets$637,593
Liabilities$0
Net Assets$637,593

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2018: $2,500Expenses 2018: $2,500Net Income 2018: $02018Revenue 2019: $201,457Expenses 2019: $26,017Net Income 2019: $175,4402019Revenue 2020: $316,061Expenses 2020: $153,085Net Income 2020: $162,9762020Revenue 2021: $462,373Expenses 2021: $296,397Net Income 2021: $165,9762021Revenue 2022: $512,935Expenses 2022: $397,321Net Income 2022: $115,6142022Revenue 2023: $688,555Expenses 2023: $978,911Net Income 2023: -$290,3562023Revenue 2024: $853,873Expenses 2024: $715,347Net Income 2024: $138,5262024

Highlighted filing

2022

Revenue$512,935
Expenses$397,321
Net Income$115,614
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 31, 2023
Return Version
2022v5.0
Gross Receipts
$689,551
Mission and Program Overview

Mission

Provide financial assistance and mentoring to medical students from racial and ethnic backgrounds traditionally underrepresented in medicine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$235,949$349,167▲ $113,218
Savings and Temporary Cash Investments$226,561$226,620▲ $59
Pledges and Grants Receivable$57,882$60,469▲ $2,587
Investments in Publicly Traded Securities$1,337$1,337→ $0
Total Assets$521,979$637,593▲ $115,614
Other Assets Total$250--
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$521,979$637,593▲ $115,614
Total Net Assets Fund Balance$521,979$637,593▲ $115,614
Total Liabilities and Net Assets / Fund Balance$521,979$637,593▲ $115,614
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$567,788
Program Service Revenue
$0
Investment Income
$60
Other Revenue
$-54,913
All Other Contributions
$273,887
Change in Net Assets
$115,614
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$252,500
Other Expenses$140,379
Total Fundraising Expense$34,127
Professional Fundraising Fees$4,442
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$252,500--$252,500
Fees for Services Other$14,034$29,914$1,946$45,894
Information Technology$1,531$7,833$26,140$35,504
Conferences and Meetings$22,277--$22,277
Travel$14,846--$14,846
Office Expenses$1,816$7,705$459$9,980
Fees for Services Accounting-$6,000-$6,000
Advertising$4,738-$1,140$5,878
Fees for Services Professional Fundraising--$4,442$4,442
Total Functional Expenses$311,742$51,452$34,127$397,321
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$167,835
Fundraising Gross Income$107,231
Gaming Gross Income$14,312
Gaming Direct Expenses$8,385
Professional Fundraising Fees$4,442

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Eod Gala$235,363$71,695$34,797$36,898
Ignite Atlanta$163,550$35,536$35,484$52
Total Events$398,913$107,231$167,835$-60,604
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 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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Dr alyx porter umphrey and dr greg umphrey are related by marriage

Form 990, Part VI, Section B, Line 11B

The treasurer of the organization distributes a pdf copy of the 990 to all board members for review and comment prior to the return being filed.

Form 990, Part VI, Section B, Line 12C

At each board and committee meeting, if there is a discussion of selecting or engaging a vendor or service provider, all in attendance are asked to recuse themselves from this discussion if there could be a perceived conflict. Annually, the organization reviews and discusses the conflict of interest policy and requests that each board member list and acknowledge any known conflicts.

Form 990, Part VI, Section B, Line 15

The executive commitee reviews the compensation for all officers and key employees by comparing their compensation to the compensation of individuals in like positions in comparable organizations using forms 990, compensation studies, and other available data. The committee then approves any changes in compensation based on this information.

Form 990, Part VI, Section C, Line 19

The organization will provide in a timely manner, copies of all governing documents including its conflict of interest policies and financial statements when requested in writing or in person.

Filing and Contact Details

Filer

Filer Name
Elevatemed Inc
EIN
83-3557457
Phone
4802695774
Address
12622 N 56TH PLACE, SCOTTSDALE, AZ 85254

Signing Officer

Name
Dr Alyx Porter Umphrey
Title
President
Phone
4802695774
Signed
2023-05-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Alyx Porter Umphrey
Formed
2018
Legal Domicile
Az
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
15

Preparer

Firm
Az Business Consulting
Address
PO BOX 702, WADDELL, AZ 85355
Preparer
Dawn Brown
Phone
6022302700
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 0, Grants and allocations 0, Revenue 0 ACCOMPLISHMENTS CONTD LEADERSHIP DEVELOPMENT - LEADERSHIP DEVELOPMENT IS CRITICAL TO PREPARE THE NEXT GENERATION OF PHYSICIANS WITH THE TOOLS NEEDED TO HAVE A SUSTAINABLE, FULFILLING CAREER IN MEDICINE. SCHOLARS ENGAGE IN PERSONAL LEADERSHIP INITIATIVES AND PROGRAMMING TO ENSURE LONG TERM SUCCESS. IN 2022, ELEVATEMED PROVIDED SCHOLARS WITH MORE THAN 24 PERSONALIZED LEADERSHIP DEVELOPMENT WORKSHOPS PLUS TRAVEL TO THE SECOND ANNUAL SCHOLARS SUMMIT WEEKEND LONG RETREAT IN SCOTTSDALE, AZ. ADDITIONALLY, 5 SCHOLARS HAD THE OPPORTUNITY TO SPEAK AT ELEVATEMED EVENTS. EACH SCHOLAR ALSO RECEIVED PERSONALIZED COACHING AND OPPORTUNITIES TO BUILD THEIR PERSONAL BRAND.

Form 990, Part III, Line 4D

Program Service Expenses 0, Grants and allocations 0, Revenue 0 ACCOMPLISHMENTS CONTD FINANCIAL MANAGEMENT EDUCATION - FINANCIAL MANAGEMENT EDUCATION IS NOT TYPICALLY PROVIDED TO MEDICAL STUDENTS. THE ELEVATEMED SCHOLARS PROGRAM EDUCATES STUDENTS ON HOW TO SUCCESSFULLY MANAGE THEIR FINANCIAL TRANSITIONS FROM STUDENT TO RESIDENT TO PHYSICIAN, AND HOW TO BEST REDUCE AND MANAGE MEDICAL SCHOOL DEBTS. IN 2022, ELEVATEMED PROVIDED FINANCIAL LITERACY WORKSHOPS AND ACCESS ALONGSIDE THE NATIONAL FINANCIAL GROUP AND CONDUCTED THE FIRST ELEVATEMED SHARK TANK EXERCISE AT THE SCHOLARS SUMMIT.

Form 990, Part III, Line 4D

Program Service Expenses 0, Grants and allocations 0, Revenue 0 ACCOMPLISHMENTS CONTD PEER NETWORKING - THE PROGRAM PROVIDES A UNIQUE OPPORTUNITY FOR SCHOLARS TO THRIVE WITH A DIVERSE NETWORK OF PEERS EARLY IN THEIR CAREERS STRETCHING ACROSS THE U.S. AND ACROSS MULTIPLE MEDICAL DISCIPLINES. THIS COMMUNITY ALLOWS STUDENTS TO FEEL FURTHER SUPPORTED BY THEIR FUTURE COLLEAGUES AND FRIENDS. IN 2022, ELEVATEMED SCHOLARS HAD THE OPPORTUNITY TO BUILD COMMUNITY WITH EACH OTHER AND GRADUATES THROUGH THEIR OWN ONLINE PLATFORM AS WELL AS IN PERSON AT THE SCHOLARS SUMMIT. AT THE SCHOLARS SUMMIT, GRADUATE SCHOLARS OF THE ELEVATEMED PROGRAM DID A RESIDENCY QA FOR THE 2022 COHORT.

Form 990, Part III, Line 4D

Program Service Expenses 0, Grants and allocations 0, Revenue 0 ACCOMPLISHMENTS CONTD EDUCATION ADVOCACY - IN 2022, ELEVATEMED PROVIDED ONLINE RESOURCES AND DATA REGARDING HEALTH DISPARITIES IN THE UNITED STATES TO ITS ONLINE COMMUNITIES. A HIGH FOCUS FOR THE YEAR WAS ON EXTERNAL COMMUNICATIONS, SHARING DETAILED NEWSLETTERS, UNIQUE BLOG CONTENT, SOCIAL MEDIA POSTS AND TEXT COMMUNICATIONS. IN 2022, MAYOR DAVID ORTEGA AND THE CITY OF SCOTTSDALE PROCLAIMED SEPTEMBER 24TH AS ELEVATEMED DAY.

Form 990, Part III, Line 4D

Program Service Expenses 0, Grants and allocations 0, Revenue 0 ACCOMPLISHMENTS CONTD FUNDRAISING EVENTS -IN 2022, ELEVATEMED HELD TWO FUNDRAISING EVENTS, IGNITE ATLANTA AND EXPLOSION OF A DREAM.IGNITE IS A MULTI-CITY FUNDRAISING INITIATIVE DESIGNED TO AMPLIFY THE MISSION IN SUPPORTING CITIES ACROSS THE US. THE ATLANTA EVENT ALLOWED THE OPPORTUNITY TO CONNECT DEEPLY WITH THE ELEVATEMED ATLANTA NETWORK, THE SECOND-LARGEST HUB OF DONORS AND SUPPORTERS. MORE THAN 140 MEDICAL STUDENTS, PHYSICIANS, AND PROFESSIONALS ATTENDED IGNITE ATLANTA ON MAY 12, 2022 AND OVER 100,000 WAS RAISED IN SUPPORT OF THE ELEVATEMED SCHOLARS PROGRAM. THE 2ND EVENT WAS EXPLOSION OF A DREAM WHICH CELEBRATES THE FUTURE OF MEDICINE AND AN IMPORTANT WAY TO RAISE FUNDS FOR THE ELEVATEMED SCHOLARS PROGRAM. ELEVATEMED HOSTED THE EXPLOSION OF A DREAM WEEKEND, SEPTEMBER 22-24, 2022, FEATURING THE SECOND ANNUAL SCHOLARS SUMMIT AND SIGNATURE SCHOLARSHIP EVENT, EXPLOSION OF A DREAM IN SCOTTSDALE, ARIZONA. 300 GUESTS AND 23 ELEVATEMED SCHOLARS JOINED FROM ACROSS THE COUNTRY AND OVER 300,000 WAS SUCCESSFULLY RAISED FOR THE ELEVATEMED SCHOLARS PROGRAM.

Form 990, Part IX, Line 11G

Other professional fees includes amounts paid for administrative support, photography and videography, public relations, and webite and marketing consultants.

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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt060
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt01337
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01337
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0AZ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE FINANCIAL ASSISTANCE AND MENTORING TO MEDICAL STUDENTS FROM RACIAL AND ETHNIC BACKGROUNDS TRADITIONALLY UNDERREPRESENTED IN MEDICINE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0521979
IRS990/NetAssetsOrFundBalancesEOYAmt0637593
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-60604
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-60604
IRS990/NetIncomeFromGamingGrp/ExclusionAmt05927
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt05927
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-236
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-236
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0521979
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0637593
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt02219
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt0459
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07705
IRS990/OfficeExpensesGrp/ProgramServicesAmt01816
IRS990/OfficeExpensesGrp/TotalAmt09980
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0250
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt057882
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt060469
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DR ALYX PORTER UMPHREY
IRS990/ProfessionalFundraisingInd0true
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0471908
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0225350
IRS990/PYInvestmentIncomeAmt027
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt069047
IRS990/PYOtherRevenueAmt0-9562
IRS990/PYRevenuesLessExpensesAmt0165976
IRS990/PYTotalExpensesAmt0296397
IRS990/PYTotalProfFndrsngExpnsAmt02000
IRS990/PYTotalRevenueAmt0462373
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0115614
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0226561
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0226620
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0567787
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0471909
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0392364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0226733
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01661293
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt060
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0117
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt08740
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt01635584
IRS990ScheduleA/SubstantialContributorsTotAmt025709
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0567787
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0471909
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0392364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0226733
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01661293
IRS990ScheduleA/TotalSupportAmt01661410
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
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/ExplanationIfNoTxt0NO LICENSE IS REQUIRED IN ARIZONA IF THE ORGANIZATION CONDUCTING THE RAFFLE IS EXEMPT UNDER IRC 501C3
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0FUNDRAISING
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt1FUNDRAISING
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd1false
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0410 CONSULTING FIRM
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0TIFFANY WILLIAMS
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt06442
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt13000
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt01515 S MICHIGAN AVE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt1810 LAKE HILL DR
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0CHICAGO
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm1ST STEPHEN
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd1SC
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd060605
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd129479
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0291682
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0128014
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0163668
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0167835
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt010046
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt010677
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt020723
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0IGNITE ATLANTA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0EOD GALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0130
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt053844
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt053974
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0163550
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0235363
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0398913
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt035536
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt071695
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0107231
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-60604
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt070281
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt035484
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt034797
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt021607
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt01250
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt022857
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt08385
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt014312
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt014312
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt05927
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesOtherGamingAmt08385
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesTotalGamingAmt08385
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingPct01.00000
IRS990ScheduleG/GamingManagerIsDirectorOfcrInd0X
IRS990ScheduleG/GamingManagerPersonNm0DR ALYX PORTER-UMPHREY
IRS990ScheduleG/GamingManagerServicesProvTxt0MONITORING ALL GAMING ACTIVITIES
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/IndividualWithBooksNm0DR ALYX PORTER-UMPHREY
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedInd0false
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt04322 E BERYL LN
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0PHOENIX
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0AZ
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd085028
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/TotalRetainedByContractorsAmt09442
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0252500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS FOR MEDICAL SCHOOL
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt016
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIOIN ONLY PROVIDES ASSISTANCE TO MEDICAL STUDENTS ENROLLED IN AN ACCREDITED US MEDICAL SCHOOL. SCHOLARSHIPS ARE REMITTED DIRECTLY TO THE STUDENTS INSTITUTION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 0, Grants and allocations 0, Revenue 0 ACCOMPLISHMENTS CONTD LEADERSHIP DEVELOPMENT - LEADERSHIP DEVELOPMENT IS CRITICAL TO PREPARE THE NEXT GENERATION OF PHYSICIANS WITH THE TOOLS NEEDED TO HAVE A SUSTAINABLE, FULFILLING CAREER IN MEDICINE. SCHOLARS ENGAGE IN PERSONAL LEADERSHIP INITIATIVES AND PROGRAMMING TO ENSURE LONG TERM SUCCESS. IN 2022, ELEVATEMED PROVIDED SCHOLARS WITH MORE THAN 24 PERSONALIZED LEADERSHIP DEVELOPMENT WORKSHOPS PLUS TRAVEL TO THE SECOND ANNUAL SCHOLARS SUMMIT WEEKEND LONG RETREAT IN SCOTTSDALE, AZ. ADDITIONALLY, 5 SCHOLARS HAD THE OPPORTUNITY TO SPEAK AT ELEVATEMED EVENTS. EACH SCHOLAR ALSO RECEIVED PERSONALIZED COACHING AND OPPORTUNITIES TO BUILD THEIR PERSONAL BRAND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Program Service Expenses 0, Grants and allocations 0, Revenue 0 ACCOMPLISHMENTS CONTD FINANCIAL MANAGEMENT EDUCATION - FINANCIAL MANAGEMENT EDUCATION IS NOT TYPICALLY PROVIDED TO MEDICAL STUDENTS. THE ELEVATEMED SCHOLARS PROGRAM EDUCATES STUDENTS ON HOW TO SUCCESSFULLY MANAGE THEIR FINANCIAL TRANSITIONS FROM STUDENT TO RESIDENT TO PHYSICIAN, AND HOW TO BEST REDUCE AND MANAGE MEDICAL SCHOOL DEBTS. IN 2022, ELEVATEMED PROVIDED FINANCIAL LITERACY WORKSHOPS AND ACCESS ALONGSIDE THE NATIONAL FINANCIAL GROUP AND CONDUCTED THE FIRST ELEVATEMED SHARK TANK EXERCISE AT THE SCHOLARS SUMMIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Program Service Expenses 0, Grants and allocations 0, Revenue 0 ACCOMPLISHMENTS CONTD PEER NETWORKING - THE PROGRAM PROVIDES A UNIQUE OPPORTUNITY FOR SCHOLARS TO THRIVE WITH A DIVERSE NETWORK OF PEERS EARLY IN THEIR CAREERS STRETCHING ACROSS THE U.S. AND ACROSS MULTIPLE MEDICAL DISCIPLINES. THIS COMMUNITY ALLOWS STUDENTS TO FEEL FURTHER SUPPORTED BY THEIR FUTURE COLLEAGUES AND FRIENDS. IN 2022, ELEVATEMED SCHOLARS HAD THE OPPORTUNITY TO BUILD COMMUNITY WITH EACH OTHER AND GRADUATES THROUGH THEIR OWN ONLINE PLATFORM AS WELL AS IN PERSON AT THE SCHOLARS SUMMIT. AT THE SCHOLARS SUMMIT, GRADUATE SCHOLARS OF THE ELEVATEMED PROGRAM DID A RESIDENCY QA FOR THE 2022 COHORT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Program Service Expenses 0, Grants and allocations 0, Revenue 0 ACCOMPLISHMENTS CONTD EDUCATION ADVOCACY - IN 2022, ELEVATEMED PROVIDED ONLINE RESOURCES AND DATA REGARDING HEALTH DISPARITIES IN THE UNITED STATES TO ITS ONLINE COMMUNITIES. A HIGH FOCUS FOR THE YEAR WAS ON EXTERNAL COMMUNICATIONS, SHARING DETAILED NEWSLETTERS, UNIQUE BLOG CONTENT, SOCIAL MEDIA POSTS AND TEXT COMMUNICATIONS. IN 2022, MAYOR DAVID ORTEGA AND THE CITY OF SCOTTSDALE PROCLAIMED SEPTEMBER 24TH AS ELEVATEMED DAY.

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