Nonprofit · EIN 47-1809808
ELEVATION SCHOLARS INC
Tax-exempt · WINTER PARK, FL 32789
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,326,194 | $1,486,395 | -$160,201 | $388,373 | $118,665 | $269,708 |
| June 30, 2024 | 990 | $1,672,293 | $1,440,786 | $231,507 | $558,238 | $128,329 | $429,909 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,301,585
- Program service revenue
- $0
- Investment income
- $7,882
- Net income from fundraising events
- $16,727
- Other revenue
- $16,727
Expenses
- Grants and similar amounts paid
- $449,643
- Compensation of officers, directors and key employees
- $679,988
- Salaries, compensation and benefits (total)
- $679,988
- Professional fundraising fees
- $0
- Accounting fees
- $33,081
- Occupancy
- $30,000
- Travel
- $10,792
- Depreciation
- $1,951
- Program services (functional)
- $1,086,102
- Management and general (functional)
- $215,430
- Fundraising (functional)
- $184,863
Balance sheet and other
- Total assets, start of year
- $558,238
- Total assets, end of year
- $388,373
- Total liabilities, end of year
- $118,665
- Net assets, end of year
- $269,708
- Land, buildings and equipment
- $4,589
- Net assets without donor restrictions
- $269,708
- Gross unrelated business income
- $7,882
- Gross receipts
- $1,365,807
- Employees
- 10
- Volunteers
- 90
- Year formed
- 2014
- State of legal domicile
- FL
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE OROSZ | CHAIRMAN Trustee or director | 3 | $0 |
| SHANI CUNNINGHAM | DIRECTOR Trustee or director | 3 | $0 |
| KARL MELO | DIRECTOR Trustee or director | 3 | $0 |
| MIKE AIETCHENSON | DIRECTOR Trustee or director | 3 | $0 |
| MARY BETH MORGAN | DIRECTOR Trustee or director | 3 | $0 |
| BRAULIO COLON | DIRECTOR Trustee or director | 3 | $0 |
| ANDREW OROSZ | DIRECTOR Trustee or director | 3 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT LEE | PRESIDENT Officer | 25 | $88,939 |
| STEVE OROSZ | CHAIRMAN Trustee or director | 3 | $0 |
| SHANI CUNNINGHAM | DIRECTOR Trustee or director | 3 | $0 |
| KARL MELO | DIRECTOR Trustee or director | 3 | $0 |
| MIKE AIECHENSON | DIRECTOR Trustee or director | 3 | $0 |
| MARY BETH MORGAN | DIRECTOR Trustee or director | 3 | $0 |
| BRAULIO COLON | DIRECTOR Trustee or director | 3 | $0 |
| ANDREW OROSZ | DIRECTOR Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 507 N NEW YORK AVE STE 300, WINTER PARK, FL 32789-3164
- In care of
- % T CHRISTOPHER KING
- Principal officer (990 for 2024)
- STEPHEN OROSZ, 507 N NEW YORK AVENUE SUITE 300, WINTER PARK, FL 32789
- Signed the 990
- SCOTT LEE, BOARD CHAIR
- Phone
- (407) 215-1355
- Website
- THEELEVATIONSCHOLARS.ORG/
- Return prepared by
- MCDIRMIT DAVIS LLC
Mission
WE INVEST IN HIGH-NEED, HIGH-ACHIEVING STUDENTS WHO HAVE DEMONSTRATED COMMUNITY IMPACT, HELPING THEM TO AND THROUGH THE NATION'S MOST COMPETITIVE COLLEGES AND UNIVERSITIES.
Program accomplishments
- WE INVEST IN HIGH-NEED, HIGH-ACHIEVING STUDENTS WHO HAVE DEMONSTRATED COMMUNITY IMPACT, HELPING THEM TO AND THROUGH THE NATION'S MOST COMPETITIVE COLLEGES AND UNIVERSITIES.Expenses $1,086,102 · grants $449,643
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1809808
- 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
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $388,373
- Income (IRS master file)
- $1,365,807
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,326,194 | $1,486,395 | $388,373 | IRS |
| 990 | June 2024 | $1,672,293 | $1,440,786 | $558,238 | IRS |
| 990 | June 2023 | $1,352,551 | $1,321,004 | $309,428 | IRS |
| 990 | June 2022 | $1,003,250 | $1,242,756 | $488,218 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about ELEVATION SCHOLARS INC
- What is the EIN of ELEVATION SCHOLARS INC?
- The employer identification number (EIN) of ELEVATION SCHOLARS INC is 47-1809808.
- Is ELEVATION SCHOLARS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to ELEVATION SCHOLARS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ELEVATION SCHOLARS 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 ELEVATION SCHOLARS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ELEVATION SCHOLARS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ELEVATION SCHOLARS INC?
- The 990 for the year ended June 30, 2025 names STEPHEN OROSZ.
- Who are the officers and directors of ELEVATION SCHOLARS INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does ELEVATION SCHOLARS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,326,194, expenses of $1,486,395 and total assets of $388,373 at year end.
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