Public Charity

ELEVATE FOUNDATION INC

ELEVATE FOUNDATION INC, of RAPID CITY, SD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $551K in revenue, $161K in expenses, $536K in total assets. 7 publicly reported grants to this organization, totaling roughly $263K, appear in IRS filings.

EIN: 200009589 RAPID CITY, SD Economic Development NTEE: S30 Latest filing: 2024
Total Revenue$551K
Total Expenses$161K
Total Assets$536K
Grant Records7
Funding Total$263K
Filing Years2024

Mission

TO FURTHER RESEARCH AND EDUCATION IN THE AREAS OF WORKFORCE DEVELOPMENT, ENTREPRENEURSHIP, AND ECONOMIC DEVELOPMENT THAT ELEVATE THE RAPID CITY ECONOMY FOR ALL.

Where $100 goes at Elevate Foundation Inc

How Elevate Foundation Inc divides every $100 it spends, from its own Form 990 filings.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$49
Workforce development programming consists of outreach and research in the area of economic mobility including supporting opportunity populations with obtaining employment, educating employers about the benefits of hiring…
50% of program spending
$30
Economic development includes research and education in the areas of housing, childcare, and other roadblocks in community development
30% of program spending
$19
Entrepreneurship programming includes education about the variety of startup supports that exist in the ecosystem as well as development and exploration of new methods of startup support
20% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Alan Solano
BOARD MEMBER Andy Bartling
BOARD MEMBER Brad Hearst
PAST CHAIR Darren Haar
BOARD MEMBER Dick Johnson
BOARD MEMBER Erika Batcheller

Officer compensation and complete director data available with membership.

Top Grant Purposes

Human & Social Services
$128,057 2 grants
General Support
$125,000 3 grants
Economic Development
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $551K $161K $536K

Interactive year-over-year charts and full filing details available with membership.

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