Elite Foundation Inc

990EZ • Fiscal year 2011 • EIN 95-4596872

Jan 01, 2011 to Dec 31, 2011 • Filed on Apr 19, 2012

Organization Profile WWW.ELITEFOUNDATIONINC.ORG

PO Box 45187490045

Siviq Scores

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

0.00x

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

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

0.00x

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

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

-13%

Higher net margin than 22% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

No value available

This filing does not contain officer compensation rows.

Source year 2011

-5.9%

Faster asset growth than 37% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

-25%

Faster revenue growth than 23% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

Balance Sheet

Liabilities / Assets53rd percentile

Assets

Down

$14,405

Down $898 (-5.9%) from 2010

Net Assets

$14,405

No earlier filing loaded for comparison.

Liabilities

Flat

Flat from 2010

Revenue And Expenses

Liabilities / Revenue56th percentile Net Margin22nd percentile

Revenue

Down

$6,725

Down $2,187 (-25%) from 2010

Expenses

Down

$7,623

Down $4,729 (-38%) from 2010

Net Income

-$898

Up $2,542 (+74%) from 2010

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

Highlighted filing

2011

Assets$14,405

Liabilities$0

Net Assets$14,405

Open 2011 Filing

Operations Trend

Revenue Growth23rd percentile

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

Highlighted filing

2011

Revenue$6,725

Expenses$7,623

Net Income-$898

Open 2011 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2011 to Dec 31, 2011
Signed: Apr 19, 2012
Return Version: 2011v1.2

Mission and Program Overview

Mission

Provide center for leadership

Filing and Contact Details

Filer

EIN: 95-4596872

Raw XML Appendix110 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/CashSavingsAndInvestments/EOY	0	14405
IRS990EZ/ContributionsGiftsGrantsEtc	0	6725
IRS990EZ/DidOrgFileForm1120POLThisYear	0	false
IRS990EZ/DoesOrgHaveHospital	0	false
IRS990EZ/EngagedInExcessBenefitTrans	0	false
IRS990EZ/EngageInLobbyingActivities	0	false
IRS990EZ/EngagePoliticalCmpgnActivities	0	false
IRS990EZ/ExcessOrDeficitForYear	0	-898
IRS990EZ/FiledScheduleA	0	true
IRS990EZ/ForeignOffice	0	false
IRS990EZ/GrossReceipts	0	6725
IRS990EZ/InfoInScheduleOPartI	0	X
IRS990EZ/LandAndBuildings/BOY	0	0
IRS990EZ/LandAndBuildings/EOY	0	0
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	false
IRS990EZ/MadeLoansToFromOfficers	0	false
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	false
IRS990EZ/MethodOfAccountingCash	0	X
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IRS990EZ/NetAssetsOrFundBalancesBOY	0	15303
IRS990EZ/NetAssetsOrFundBalances/EOY	0	14405
IRS990EZ/NetAssetsOrFundBalancesEOY	0	14405
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1	0	PO BOX 451874
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City	0	Los Angeles
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State	0	CA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode	0	90045
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	MARTY AYO ADEBOWALE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	OFFICER
IRS990EZ/OperatingSchool	0	false
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	false
IRS990EZ/OrganizationHadUBI	0	false
IRS990EZ/OtherAssetsTotal/BOY	0	0
IRS990EZ/OtherAssetsTotal/EOY	0	0
IRS990EZ/OtherExpensesTotal	0	7623
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	PROVIDE CENTER FOR LEADERSHIP
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	DONATIONS TO CHILDREN HOSPITALS AND OTHER CHARITIES
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	0
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/ScheduleBNotRequired	0	X
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/SumOfTotalLiabilities/BOY	0	0
IRS990EZ/SumOfTotalLiabilities/EOY	0	0
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	804 N LA BREA AVENUE
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	Inglewood
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	CA
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	90302
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	SOLA ONIYIDE
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	3106412044
IRS990EZ/TotalAssets/BOY	0	15303
IRS990EZ/TotalAssets/EOY	0	14405
IRS990EZ/TotalExpenses	0	7623
IRS990EZ/TotalProgramServiceExpenses	0	0
IRS990EZ/TotalRevenue	0	6725
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/WebSite	0	WWWELITEFOUNDATIONINCORG
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear	0	6725
IRS990ScheduleA/GiftsGrantsContribReceived509/Total	0	6725
IRS990ScheduleA/InvestmentIncomePercentage	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2	0	X
IRS990ScheduleA/PublicSupportPercentage509	0	1.00000
IRS990ScheduleA/PublicSupportTotal509	0	6725
IRS990ScheduleA/ThirtyThreePercntTestsCY509	0	X
IRS990ScheduleA/Total509/CurrentTaxYear	0	6725
IRS990ScheduleA/Total509/Total	0	6725
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear	0	6725
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years	0	0
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years	0	0
IRS990ScheduleA/TotalSupportTotal/Total	0	6725
IRS990ScheduleC/CorrectionMade	0	false
IRS990ScheduleC/Form4720Filed4955Tax	0	false
IRS990ScheduleO/GeneralExplanation/Explanation	0	Description Amount ADVERTISING AND PROMOTION 4874 CHARITBALE CONTRIBUTIONS 1514 COMPUTER AND INTERNET EXPENSES 133 MEALS AND ENTERTAINMENT 413 TELEPHONE EXPENSES 689
IRS990ScheduleO/GeneralExplanation/Identifier	0	01. Description of other expenses (Part I, line 16)
ReturnHeader/BuildTS	0	2016-02-24 21:20:13Z
ReturnHeader/Filer/EIN	0	954596872
ReturnHeader/Filer/Name/BusinessNameLine1	0	ELITE FOUNDATION
ReturnHeader/Filer/NameControl	0	ELIT
ReturnHeader/Filer/USAddress/AddressLine1	0	PO BOX 451874
ReturnHeader/Filer/USAddress/City	0	Los Angeles
ReturnHeader/Filer/USAddress/State	0	CA
ReturnHeader/Filer/USAddress/ZIPCode	0	90045
ReturnHeader/Officer/AuthorizeThirdParty	0	false
ReturnHeader/Officer/DateSigned	0	2012-04-19
ReturnHeader/Officer/Name	0	MARTY AYO ADEBOWALE
ReturnHeader/Officer/Phone	0	3106412044
ReturnHeader/Officer/Title	0	DIRECTOR
ReturnHeader/Preparer/DatePrepared	0	2012-08-09
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	4MBA INCOME TAX
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	3530 W CENTURY BLVD SUITE 103
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	Inglewood
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	CA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	90303
ReturnHeader/Preparer/Name	0	GODWIN TOMAKILI
ReturnHeader/Preparer/Phone	0	3109881535
ReturnHeader/Preparer/SelfEmployed	0	X
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2011-01-01
ReturnHeader/TaxPeriodEndDate	0	2011-12-31
ReturnHeader/TaxYear	0	2011
ReturnHeader/Timestamp	0	2012-08-09T17:10:29-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $14,405
Liabilities: $0
Net assets: $14,405
Revenue: $6,725
Expenses: $7,623
Net income: -$898

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2015Detailed filing. Detailed filing data is available for this year.	$21.8	$0.00	$21.8	$1.20	$0.58	$0.62
2014Detailed filing. Detailed filing data is available for this year.	$21.2	$0.00	$21.2	$4.84	$1.13	$3.71
2013Detailed filing. Detailed filing data is available for this year.	$17.5	$0.00	$17.5	$7.46	$4.39	$3.07
2012Summary only. Only limited summary data is available for this year.	$14.4	$0.00		$3.97	$2.22	$1.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$14.4	$0.00	$14.4	$6.73	$7.62	$0.90
2010Summary only. Only limited summary data is available for this year.	$15.3	$0.00		$8.91	$12.4	$3.44