Youth Development
(O50)
IRS Verified
DX Registered
990 on File
ELEVATE TUTORING INC
Financial strength (30%)
82/100
Reliability (20%)
50/100
Effectiveness (25%)
83/100
Impact (25%)
55/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Elevate Tutoring's mission is to advance social justice by bridging economic and achievement gaps on the path to-and-through college.
Financial Overview — FY 2024
$710K
Total Revenue
$781K
Total Expenses
N/A
Net Assets
7
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
N/A
Fundraising Efficiency
0.0%
Operating Reserve
N/A
Liability-to-Asset
52.3%
Revenue Diversification
N/A
Compared with Peers
FY 2023
Compared with 5,287 similar organizations
(United States, Youth Development, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
71.7% | 86.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
24.3% | 9.9% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.0% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.5 mo | 6.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
37.7% | 1.2% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.2% | 94.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
76.9% | 9.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
60.4% | 14.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.0% | 2.2% |
P10P90
|
Impact
2 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Students show improved scores in STEM subjects, attitudes towards learning, and self-confidence | 3,750 | $200.00 | — | Per Year |
| All of our fellows (first-gen, low-income college students) graduate college and launch careers | 100 | $8,000.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $710K | $781K | N/A | — | 7 |
| 2023 | $608K | $566K | $212K | 71.7% | 14 |
| 2022 | $344K | $353K | $170K | 72.9% | 5 |
| 2021 | $237K | $285K | N/A | — | 3 |
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