B — EducationEIN: 823036828

Elevate Academy

Caldwell, Idaho

BHealth Score
61B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.22×
Peer Median9.48×
💰
$11.8M
Total Revenue
📊
$10.7M
Total Expenses
🏦
$2.4M
Net Assets
📋
$15.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+27.4%
Year-over-year change (2023 → 2024)
Net Margin
+9.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.22
Net assets divided by total expenses
Liabilities-to-Assets
87.1%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2024$11,817,716↑27%$10,691,278↑8%$18,253,759↑1%
2023$9,276,655↑13%$9,902,088↑35%$18,092,126↑197%
2022$8,221,535↑30%$7,350,662↑17%$6,091,553↑96%
2021$6,320,559↑12%$6,278,594↑43%$3,113,576↑59%
2020$5,663,239$4,393,373$1,958,370

Frequently Asked Questions

What does Elevate Academy do?▼

Elevate Academy is a education nonprofit organization based in Idaho. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Elevate Academy financially healthy?▼

Based on our 9-metric Financial Health Score model, Elevate Academy has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Elevate Academy generate?▼

Elevate Academy reports $11.2M in annual revenue and holds $18.1M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Education category, or browse all nonprofits in Idaho.