Nonprofit · EIN 20-4385618
ELEVATE INC
Tax-exempt · WILLOW PARK, TX 76087
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,273,693 | $837,246 | $436,447 | $1,888,345 | $22,494 | $1,865,851 |
| December 31, 2023 | 990 | $935,961 | $879,847 | $56,114 | $1,435,000 | $5,596 | $1,429,404 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,063,417
- Program service revenue
- $132,753
- Investment income
- $64,781
- Net income from sales of inventory
- $12,742
- Other revenue
- $12,742
Expenses
- Grants and similar amounts paid
- $29,863
- Compensation of officers, directors and key employees
- $192,793
- Other salaries and wages
- $61,666
- Salaries, compensation and benefits (total)
- $324,782
- Professional fundraising fees
- $0
- Legal fees
- $1,015
- Accounting fees
- $13,688
- Occupancy
- $32,438
- Travel
- $13,445
- Depreciation
- $14,591
- Program services (functional)
- $689,518
- Management and general (functional)
- $86,093
- Fundraising (functional)
- $61,635
Balance sheet and other
- Total assets, start of year
- $1,435,000
- Total assets, end of year
- $1,888,345
- Total liabilities, end of year
- $22,494
- Net assets, end of year
- $1,865,851
- Land, buildings and equipment
- $900,223
- Net assets without donor restrictions
- $1,859,251
- Net assets with donor restrictions
- $6,600
- Gross receipts
- $1,273,693
- Employees
- 3
- Year formed
- 2006
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARC OWINGS | CHAIRMAN Officer | 40 | $141,751 |
| LESLIE OWINGS | TREASURER Officer | 40 | $51,042 |
| JIMMY JAMES | VICE PRESIDE Trustee or director | 1 | $0 |
| STEVE MARTINEZ | SECRETARY Trustee or director | 1 | $0 |
| DAVID TERRY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARC OWINGS | CHAIRMAN Officer | 40 | $137,000 |
| LESLIE OWINGS | TREASURER Officer | 40 | $50,650 |
| JIMMY JAMES | VICE PRESIDE Trustee or director | 1 | $0 |
| STEVE MARTINEZ | SECRETARY Trustee or director | 1 | $0 |
| DAVID TERRY | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 721 RANCH HOUSE RD STE 102, WILLOW PARK, TX 76087-3138
- In care of
- % MARC OWINGS
- Principal officer (990 for 2024)
- LESLIE OWINGS
- Signed the 990
- MARC OWINGS, CHAIRMAN
- Phone
- (817) 236-3436
- Return prepared by
- SCHUELLER MESSINGER & ASSOCIATES PLLC
Mission
TO MINISTER AROUND THE WORLD BY PREACHING, SPEAKING, PUBLISHING AND MISSION PROJECTS ENCOURAGING AND CONNECTING PEOPLE WITH THEIR UNIQUE DESTINY AND IDENTITY IN CHRIST.
Program accomplishments
- THE MINISTRY LED AND SUPPORTED MISSION OPERATIONS IN THE US AND ABROAD, LED DISCIPLESHIP PROGRAMS AND RETREATS FOR MEN, WOMEN AND COUPLES, PREACHED AND TAUGHT LIFE CHANGING MESSAGES THROUGOUT THE UNITED STATES.Expenses $689,518 · grants $29,863
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-4385618
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $1,888,345
- Income (IRS master file)
- $1,273,693
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,273,693 | $837,246 | $1,888,345 | IRS |
| 990 | December 2023 | $935,961 | $879,847 | $1,435,000 | XML |
| 990 | December 2022 | $917,134 | $735,354 | $1,389,112 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4385618).
Questions about ELEVATE INC
- What is the EIN of ELEVATE INC?
- The employer identification number (EIN) of ELEVATE INC is 20-4385618.
- Is ELEVATE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to ELEVATE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ELEVATE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ELEVATE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ELEVATE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ELEVATE INC?
- The 990 for the year ended December 31, 2024 names LESLIE OWINGS.
- Who are the officers and directors of ELEVATE INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $141,751 (MARC OWINGS, CHAIRMAN).
- How much revenue does ELEVATE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,273,693, expenses of $837,246 and total assets of $1,888,345 at year end.
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