Nonprofit · EIN 82-4411649
ELEVATE PRIZE FOUNDATION INC
Tax-exempt · MIAMI, FL 33127
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $10,922,580 | $14,400,688 | -$3,478,108 | $1,543,319 | $397,021 | $1,146,298 |
| December 31, 2023 | 990-PF | $938,331 | $11,812,682 | -$10,874,351 | $5,132,226 | $205,532 | $4,926,694 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $10,533,000
- Dividends
- $75,246
- Interest
- $6,224
- Net gain from sales of assets
- $297,406
- Other income
- $12,127
Expenses
- Grants and similar amounts paid
- $4,869,814
- Compensation of officers, directors and key employees
- $553,910
- Salaries, compensation and benefits (total)
- $2,351,823
- Disbursements for charitable purposes
- $14,317,446
- Excise tax on investment income
- $5,275
Balance sheet and other
- Total assets, start of year
- $5,132,226
- Total assets, end of year
- $1,543,319
- Total liabilities, end of year
- $397,021
- Net assets, end of year
- $1,146,298
- Fair market value of assets
- $1,543,319
- Qualifying distributions
- $14,317,446
- Net investment income
- $379,472
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CAROLINA GARCIA JAYARAM 276 NW 27TH STREET, MIAMI, FL 33127 | DIRECTOR & CEO | 40 | $498,462 | $55,448 |
| EVA BLOOMFIELD 276 NW 27TH STREET, MIAMI, FL 33127 | CHIEF MARKETING OFFI Highest-paid employee | 40 | $287,166 | $12,130 |
| MATTHEW MINOR 276 NW 27TH STREET, MIAMI, FL 33127 | CHIEF IMPACT OFFICER Highest-paid employee | 40 | $274,556 | $25,613 |
| CHRIS KOTTKE 276 NW 27TH STREET, MIAMI, FL 33127 | CHIEF FINANCIAL OFFI Highest-paid employee | 40 | $242,483 | $23,231 |
| MEGAN BAMBINO 276 NW 27TH STREET, MIAMI, FL 33127 | CHIEF PROGRAM OFFICE Highest-paid employee | 40 | $233,929 | $2,260 |
| MARINA ADESE 276 NW 27TH STREET, MIAMI, FL 33127 | DIRECTOR OF MARKETIN Highest-paid employee | 40 | $180,003 | $31,446 |
| JOSEPH S DEITCH 276 NW 27TH STREET, MIAMI, FL 33127 | DIRECTOR & PRESIDENT | 8 | $0 | $0 |
| MATTHEW F DEITCH 276 NW 27TH STREET, MIAMI, FL 33127 | DIRECTOR & VICE PRESIDENT | 2 | $0 | $0 |
| ERIC B BRENMAN 276 NW 27TH STREET, MIAMI, FL 33127 | DIRECTOR & SECRETARY/TREASURER | 1.5 | $0 | $0 |
| SANJIV MIRCHANDANI 276 NW 27TH STREET, MIAMI, FL 33127 | DIRECTOR | 2 | $0 | $0 |
990-PF for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CAROLINA GARCIA JAYARAM 276 NW 27 ST, MIAMI, FL 33127 | DIRECTOR & CEO | 40 | $425,430 | $48,752 |
| MATTHEW MINOR 276 NW 27 ST, MIAMI, FL 33127 | CHIEF IMPACT OFFICER Highest-paid employee | 40 | $255,140 | $18,682 |
| EVA BLOOMFIELD 276 NW 27 ST, MIAMI, FL 33127 | CHIEF MARKETING OFFI Highest-paid employee | 40 | $245,944 | $23,432 |
| CHRIS KOTTKE 276 NW 27 ST, MIAMI, FL 33127 | CHIEF FINANCIAL OFFI Highest-paid employee | 40 | $186,767 | $20,332 |
| MEGAN BAMBINO 276 NW 27 ST, MIAMI, FL 33127 | PROGRAM DIRECTOR Highest-paid employee | 40 | $154,884 | $2,118 |
| CARA POLITI 276 NW 27 ST, MIAMI, FL 33127 | SENIOR COMMUNITY MAN Highest-paid employee | 40 | $121,360 | $20,348 |
| JOSEPH S DEITCH 276 NW 27 ST, MIAMI, FL 33127 | DIRECTOR & PRESIDENT | 4.5 | $0 | $0 |
| MATTHEW F DEITCH 276 NW 27 ST, MIAMI, FL 33127 | DIRECTOR & VICE PRESIDENT | 2 | $0 | $0 |
| ERIC B BRENMAN 20 WILLIAM STREET SUITE 130, WELLESLEY, MA 02481 | DIRECTOR & SECRETARY/TREASURER | 1.5 | $0 | $0 |
| SANJIV MIRCHANDANI 276 NW 27 ST, MIAMI, FL 33127 | DIRECTOR | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 276 NW 27TH ST, MIAMI, FL 33127-4122
- Signed the 990-PF
- CAROLINA GARCIA JAYARAM, CHIEF EXECUTIVE OFFICER
- Phone
- (305) 418-0293
- Website
- HTTP://WWW.ELEVATEPRIZE.ORG
- Return prepared by
- RSM US LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 82-4411649
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T23)
- Assets (IRS master file)
- $1,543,319
- Income (IRS master file)
- $14,187,075
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $10,922,580 | $14,400,688 | $1,543,319 | XML |
| 990-PF | December 2023 | $938,331 | $11,812,682 | $5,132,226 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 82-4411649).
Questions about ELEVATE PRIZE FOUNDATION INC
- What is the EIN of ELEVATE PRIZE FOUNDATION INC?
- The employer identification number (EIN) of ELEVATE PRIZE FOUNDATION INC is 82-4411649.
- Is ELEVATE PRIZE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to ELEVATE PRIZE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does ELEVATE PRIZE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ELEVATE PRIZE FOUNDATION 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 PRIZE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of ELEVATE PRIZE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 10 people; 6 received compensation from the organization, the highest $498,462 (CAROLINA GARCIA JAYARAM, DIRECTOR & CEO).
- How much revenue does ELEVATE PRIZE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $10,922,580, expenses of $14,400,688 and total assets of $1,543,319 at year end.
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