Nonprofit · EIN 27-3097212
ELEVATE 215
Tax-exempt · PHILADELPHIA, PA 19109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,527,958 | $6,392,565 | -$1,864,607 | $6,246,702 | $724,348 | $5,522,354 |
| June 30, 2024 | 990 | $926,596 | $2,843,273 | -$1,916,677 | $8,223,310 | $836,349 | $7,386,961 |
| December 31, 2023 | 990 | $4,476,161 | $6,886,326 | -$2,410,165 | $9,936,653 | $633,015 | $9,303,638 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,213,294
- Program service revenue
- $117,750
- Investment income
- $196,914
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,892,606
- Compensation of officers, directors and key employees
- $544,379
- Other salaries and wages
- $1,118,454
- Salaries, compensation and benefits (total)
- $1,847,158
- Professional fundraising fees
- $0
- Legal fees
- $25,467
- Accounting fees
- $164,338
- Occupancy
- $127,766
- Travel
- $128,937
- Depreciation
- $92,070
- Program services (functional)
- $4,992,017
- Management and general (functional)
- $1,043,206
- Fundraising (functional)
- $357,342
Balance sheet and other
- Total assets, start of year
- $8,223,310
- Total assets, end of year
- $6,246,702
- Total liabilities, end of year
- $724,348
- Net assets, end of year
- $5,522,354
- Land, buildings and equipment
- $53,184
- Net assets without donor restrictions
- $4,475,436
- Net assets with donor restrictions
- $1,046,918
- Gross receipts
- $4,527,958
- Employees
- 16
- Volunteers
- 14
- Year formed
- 2010
- State of legal domicile
- PA
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 | Other / benefits |
|---|---|---|---|---|
| STACY E HOLLAND | EXECUTIVE DIRECTOR Officer | 40 | $307,779 | $28,426 |
| Scott Gaiber | Deputy Chief - Talent Initiati Key employee | 40 | $187,526 | $39,263 |
| Letisha Laws | Deputy Chief - School Initiati Key employee | 40 | $165,523 | $17,176 |
| Eileen Walsh | Co-Director - Development Highest-paid employee | 40 | $131,061 | $22,356 |
| Tanya Ruley - Mayo | Chief of Staff Highest-paid employee | 40 | $110,400 | $21,317 |
| David Saenz Jr | Director - Communications Highest-paid employee | 40 | $112,566 | $10,376 |
| Benjamin Persofsky | BOARD CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| Zakiyyah Boone | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| WILLIAM MARX JR | Past Treasurer (Thru 09/15/24) Trustee or director, Officer | 3 | $0 | $0 |
| H Art Taylor | Board Member Trustee or director | 3 | $0 | $0 |
| Dr Sean E Vereen | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| DR MICHELLE CARRERA MORALES | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JESSICA CUNNINGHAM AKOTO | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| Richard B Worley | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JENNIFER RICE | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDY NEWCOMB | BOARD MEMBER Trustee or director | 3 | $0 |
| KATE HOUSTOUN | BOARD MEMBER Trustee or director | 3 | $0 |
| DR AMELIA COLEMAN BROWN | BOARD MEMBER Trustee or director | 3 | $0 |
| Evelyn W McNiff | BOARD MEMBER Trustee or director | 3 | $0 |
| COLIN KELTON | BOARD MEMBER Trustee or director | 3 | $0 |
| Chip Linehan | Treasurer Trustee or director, Officer | 3 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Benjamin Persofsky | BOARD CHAIR Trustee or director, Officer | 3 | $0 |
| Zakiyyah Boone | SECRETARY Trustee or director, Officer | 3 | $0 |
| WILLIAM MARX JR | TREASURER Trustee or director, Officer | 3 | $0 |
| H Art Taylor | Board Member Trustee or director | 3 | $0 |
| Dr Sean Vereen | BOARD MEMBER Trustee or director | 3 | $0 |
| DR MICHELLE CARRERA MORALES | BOARD MEMBER Trustee or director | 3 | $0 |
| JESSICA CUNNINGHAM AKOTO | BOARD MEMBER Trustee or director | 3 | $0 |
| Richard B Worley | BOARD MEMBER Trustee or director | 3 | $0 |
| JENNIFER RICE | BOARD MEMBER Trustee or director | 3 | $0 |
| ANDY NEWCOMB | BOARD MEMBER (EFF. 02/27/2024) Trustee or director | 3 | $0 |
| KATE HOUSTOUN | BOARD MEMBER (EFF. 02/27/2024) Trustee or director | 3 | $0 |
| DR AMELIA COLEMAN BROWN | BOARD MEMBER Trustee or director | 3 | $0 |
| Evelyn W McNiff | BOARD MEMBER Trustee or director | 3 | $0 |
| COLIN KELTON | BOARD MEMBER Trustee or director | 3 | $0 |
| STACY E HOLLAND | EXECUTIVE DIRECTOR Officer | 40 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Stacy E Holland | Executive Director Officer | 40 | $244,400 | $29,216 |
| Scott Gaiber | Deputy Chief - Investments Key employee | 40 | $177,550 | $38,775 |
| Eileen Walsh | Co-Director - Development Highest-paid employee | 40 | $120,943 | $33,306 |
| Rachel Ellison | Chief Development Officer Highest-paid employee | 40 | $123,154 | $9,603 |
| Samuel Davidson | DIRECTOR - Development Highest-paid employee | 40 | $107,572 | $19,262 |
| David A Saenz Jr | Manager - Communications Highest-paid employee | 40 | $102,559 | $9,886 |
| William Marx Jr | Treasurer Trustee or director, Officer | 3 | $0 | $0 |
| Evelyn W McNiff | DIRECTOR Trustee or director | 3 | $0 | $0 |
| Benjamin Persofsky | BOARD CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| Zakiyyah Boone | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| Colin Kelton | DIRECTOR Trustee or director | 3 | $0 | $0 |
| H Art Taylor | DIRECTOR Trustee or director | 3 | $0 | $0 |
| Dr Sean Vereen | DIRECTOR Trustee or director | 3 | $0 | $0 |
| JESSICA CUNNINGHAM AKOTO | DIRECTOR Trustee or director | 3 | $0 | $0 |
| Dr Michelle Carrera Morales | DIRECTOR Trustee or director | 3 | $0 | $0 |
| Dr Amelia Coleman Brown | Director Trustee or director | 3 | $0 | $0 |
| Richard B Worley | Director Trustee or director | 3 | $0 | $0 |
| KEVIN SHAFER | DIRECTOR (Term 9/23) Trustee or director | 3 | $0 | $0 |
| F WILLIAM MCNABB III | DIRECTOR Trustee or director | 3 | $0 | $0 |
| JENNIFER RICE | DIRECTOR Trustee or director | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 123 S BROAD ST STE 1170, PHILADELPHIA, PA 19109-1043
- In care of
- % STACY HOLLAND
- Principal officer (990 for 2024)
- Stacy Holland, 123 South Broad - Suite 1170, Philadelphia, PA 19109
- Signed the 990
- Stacy Holland, Executive Director
- Phone
- (484) 785-8111
- Website
- WWW.Elevate215.Org
- Return prepared by
- WITHUMSMITHBROWN PC
Mission
ELEVATE 215 IS A CATALYST FOR PREPARING STUDENTS FOR THE WORLD OF TOMORROW BY MODERNIZING THE LEARNING EXPERIENCE IN PHILADELPHIA SCHOOLS TODAY. WE DO THIS BY: SUPPORTING SCHOOLS AND TALENT, COLLABORATING WITH OUR PARTNERS, EXPANDING ACCESS AND RESOURCES FOR FAMILIES, AND ADVOCATING TO CREATE THE CONDITIONS FOR SUCCESS.
Program accomplishments
- School and Talent Grants Elevate 215 makes grants to school operators to support the start-up, expansion, or the capacity building of public, public charter, and catholic schools located in Philadelphia. Grant funding supports the expenses of startup, growth and/or improvement activities over the course of single or multiple years. The Organization screens prospective applications by conducting extensive due diligence on the applicants before approving grants, including examination of school models, quantitative data on academic outcomes, analysis of student attendance, attrition, graduation and matriculation data, financial analysis, review of strategic growth plans, assessment of organizational leadership capacity, interviews with school leaders, and school site visits. The Organization invests in talent development initiatives, which are focused on strengthening the recruitment, retention and skill development of school leaders and teachers. During the year ended June 30, 2025, Elevate 215 supported 22 organizations. Community Resources The Organization develops and maintains two technology-based resources to support families in learning about and selecting a school that is a good fit for their children. GreatPhillySchools.org is a web-based information resource that helps parents and guardians learn about school options in Philadelphia by sharing information on school services and performance ratings for more than 2,000 pre-kindergarten and K-12 schools; it also features advice and answers to frequently asked questions on various topics including school application processes specific by sector, scholarships, how to apply to high schools, interacting with a student's teacher, and other relevant information. Policy and Advocacy To ensure that the conditions exist in Philadelphia and Pennsylvania to support the growth and improvement of quality schools, the Organization educates and advocates for evolved education-related policies and makes grants to support such advocacy. The Organization's advocacy is always nonpartisan; it does not support or advocate on behalf of candidates for elected office or education legislation. SCHOOLS, THE ORGANIZATION EDUCATES AND ADVOCATES FOR EVOLVED EDUCATION-RELATED POLICIES AND MAKES GRANTS TO SUPPORT SUCH ADVOCACY. THE ORGANIZATION'S ADVOCACY IS ALWAYS NONPARTISAN; IT DOES NOT SUPPORT OR ADVOCATE ON BEHALF OF CANDIDATES FOR ELECTED OFFICE OR EDUCATION LEGISLATION.Expenses $3,895,707 · grants $2,892,606
- Apply Philly Charter Elevate 215 operates the Apply Philly Charter For the period ended June 30, 2025, over 150,000 families utilized the website to gather information on over 400 school options in Philadelphia. In addition, Elevate 215 supports the Apply Philly Charter (applyphillycharter.org) technology platform, which is an online enrollment system that facilitates the application and acceptance process for a majority of the public charter schools in Philadelphia. In 2025, over 29,000 families utilized Apply Philly Charter to select a school and submit over 130,000 applications.Expenses $1,096,310 · revenue $117,750
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 | Check at the IRS |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-3097212
- 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
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $6,246,702
- Income (IRS master file)
- $4,527,958
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,527,958 | $6,392,565 | $6,246,702 | IRS |
| 990 | June 2024 | $926,596 | $2,843,273 | $8,223,310 | XML |
| 990 | December 2023 | $4,476,161 | $6,886,326 | $9,936,653 | XML |
| 990 | December 2022 | $9,811,422 | $7,134,707 | $13,796,068 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 27-3097212).
Questions about ELEVATE 215
- What is the EIN of ELEVATE 215?
- The employer identification number (EIN) of ELEVATE 215 is 27-3097212.
- Is ELEVATE 215 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to ELEVATE 215 tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ELEVATE 215 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 215 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 215 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 ELEVATE 215?
- The 990 for the year ended June 30, 2025 names Stacy Holland.
- Who are the officers and directors of ELEVATE 215?
- The 990 for the year ended June 30, 2025 lists 21 people; 6 received compensation from the organization, the highest $307,779 (STACY E HOLLAND, EXECUTIVE DIRECTOR).
- How much revenue does ELEVATE 215 have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,527,958, expenses of $6,392,565 and total assets of $6,246,702 at year end.
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