BEducationEIN: 874783048· Ruling Year: 2022

Elevate Charter Schools Inc

Hamden, Connecticut

BHealth Score
64B

Financial Health Score

Provisional

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 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.34×
Peer Median20.77×
💰
$2.0M
Total Revenue
📊
$1.8M
Total Expenses
🏦
$2.4M
Net Assets
📋
$68K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-14.2%
Year-over-year change (2022 → 2023)
Net Margin
+12.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.34
Net assets divided by total expenses
Liabilities-to-Assets
2.8%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$2,025,00014%$1,767,799622%$2,439,78613%
2022$2,360,005$244,985$2,150,607

Frequently Asked Questions

What does Elevate Charter Schools Inc do?

Elevate Charter Schools Inc is a education nonprofit organization based in Connecticut. It is classified under NTEE code B02 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Elevate Charter Schools Inc financially healthy?

Based on our 9-metric Financial Health Score model, Elevate Charter Schools Inc has a score of 64/100 (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 Charter Schools Inc generate?

Elevate Charter Schools Inc reports $3.6M in annual revenue and holds $5.6M in total assets, based on IRS filings.

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Elevate Charter Schools Inc — Hamden, CT | GiveScope