Skip to main content

Nonprofit · EIN 84-4452484

ELEVATE ETHIOPIA INC

Tax-exempt · HERMITAGE, TN 37076

Financials

$140K$126K2023$239K$129K2024
Revenue Expenses · by fiscal year end
Financials of ELEVATE ETHIOPIA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$239,123$129,309$109,814$333,662$25,639$308,023
December 31, 2023990-EZ$139,653$126,160$13,493$130,592$34,505$96,087
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$235,600
Program service revenue
$0
Investment income
$2,346
Other revenue
$1,177

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$32,078
Salaries, compensation and benefits (total)
$42,674
Professional fundraising fees
$0
Legal fees
$3,404
Accounting fees
$225
Occupancy
$15,894
Travel
$8,956
Depreciation
$1,241
Program services (functional)
$109,086
Management and general (functional)
$20,223

Balance sheet and other

Total assets, start of year
$130,592
Total assets, end of year
$333,662
Total liabilities, end of year
$25,639
Net assets, end of year
$308,023
Land, buildings and equipment
$6,312
Net assets without donor restrictions
$308,023
Gross receipts
$239,123
Employees
0
Volunteers
12
Year formed
2020
State of legal domicile
TN

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.

NameTitleHours / weekCompensation
RYAN VERNICHPRESIDENT
Trustee or director, Officer
0.5$0
HANNAH STEELEFINANCE COMMITTEE HEAD
Trustee or director, Officer
0.5$0
MELISSA PORTERSCRIBE
Trustee or director
0.5$0
RAY GUZMANMEMBER
Trustee or director
0.5$0
MELAK HAILUMEMBER
Trustee or director
0.5$0
GENET YEMANEMEMBER
Trustee or director
0.5$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
RYAN VERNICHPRESIDENT1$0
GENET YEMANEMEMBER1$0
MELISSA PORTERSECRETARY1$0
RAY GUZMANMEMBER1$0
HANNAH STEELEMEMBER1$0
MELAK HAILUMEMBER1$0

Address and contacts

Address (IRS master file)
PO BOX 144, HERMITAGE, TN 37076-0144
Principal officer (990 for 2024)
RYAN VERNICH, PO BOX 144, HERMITAGE, TN 37076
Signed the 990
RYAN VERNICH, PRESIDENT
Phone
(615) 889-8900
Return prepared by
LBMC PC

Mission

WE WORK WITH FAMILIES THROUGH EMPOWERMENT AND EDUCATION PROGRAMS TO HELP THEM BECOME SELF-RELIANT AND POSITIVE IMPACTORS IN THEIR FAMILIES, COMMUNITIES AND COUNTRY.

990 for the year ended December 31, 2024

Program accomplishments

  • ELEVATE SEEKS TO HOLISTICALLY EMPOWER FAMILIES THROUGH THREE CORE PROGRAMS:EDUCATION -- WE PROVIDE THE FOLLOWING EDUCATIONAL SUPPORT FOR UP TO TWO CHILDREN FROM EACH OF THE FAMILIES IN OUR PROGRAM:- AFTER SCHOOL TUTORING PROGRAM (5 DAYS A WEEK)- SUMMER LEARNING- LIBRARY- SPOKEN ENGLISH CLASS- SCHOOL MATERIAL PROVISION- INDIVIDUALIZED ACADEMIC FOLLOW-UP FOR STUDENTS- FIELD TRIPSMENTORSHIP -- WE BELIEVE THAT RELATIONSHIP IS THE KEY TO TRANSFORMATION! WE WALK WITH THE KIDS IN OUR PROGRAM THROUGH THE UPS AND DOWNS OF LIFE AND MENTOR THEM THROUGH THE FOLLOWING SERVICES:- LIFE SKILLS CLASS- INDIVIDUAL & GROUP COUNSELING- BIBLE STUDY CLASS- MOTIVATIONAL SPEAKERS- VISION BUILDING AND GOAL SETTING ACTIVITES- COUNSELING & TRAINING FOR PARENTSECONOMIC EMPOWERMENT -- TO SEE THESE FAMILIES BE FREE OF EXTREME POVERTY, WE EMPOWER PARENTS THROUGH THE FOLLOWING ACTIVITIES:- MICRO-BUSINESS GRANTS- FAMILY FOOD SUPPORT (UNTIL THE FAMILIES BECOME ECONOMICALLY INDEPENDENT)- BUSINESS AND FINANCIAL MANAGEMENT TRAINING- SAVINGS PROGRAM- FAMILY MEDICAL SUPPORT
    Expenses $109,086

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
84-4452484
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$198,016
Income (IRS master file)
$167,926

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$239,123$129,309$333,662IRS
990-EZDecember 2023$139,653$126,160$130,592XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––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 84-4452484).

Questions about ELEVATE ETHIOPIA INC

What is the EIN of ELEVATE ETHIOPIA INC?
The employer identification number (EIN) of ELEVATE ETHIOPIA INC is 84-4452484.
Is ELEVATE ETHIOPIA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to ELEVATE ETHIOPIA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ELEVATE ETHIOPIA 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 ETHIOPIA INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ELEVATE ETHIOPIA 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 ETHIOPIA INC?
The 990 for the year ended December 31, 2024 names RYAN VERNICH.
Who are the officers and directors of ELEVATE ETHIOPIA INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does ELEVATE ETHIOPIA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $239,123, expenses of $129,309 and total assets of $333,662 at year end.

Other nonprofits in HERMITAGE

All nonprofits in HERMITAGE · Tennessee · International, foreign affairs and national security