{"success":true,"data":{"_id":274118692,"filings":[{"Organization":{"value":null,"Person":["Christopher LaMothe","Robert Myer","Steve Martin","John Sampson","Larry Garatoni","Don Densborn","KIP TOM","Phillip Lodato","Barbara Uggen-Davis","Ting Gootee","Rosanne Burge","Robert Clark","Daniel Owen","Kelly Schwedland","David Shepard"],"Title":["BOARD MEMBER AND CHIEF EXECUTIVE OFFICER","BOARD CHAIR","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","GENERAL COUNSEL","CHIEF FINANCIAL OFFICER","CHIEF INVESTMENT OFFICER","SENIOR PARTNER","ENTREPRENEUR-IN-RESIDENCE","ENTREPRENEUR-IN-RESIDENCE","ENTREPRENEUR-IN-RESIDENCE","ENTREPRENEUR-IN-RESIDENCE"],"Hours":[50.0,5.0,1.0,1.0,1.0,1.0,1.0,50.0,50.0,50.0,50.0,40.0,50.0,50.0,40.0],"Total Compensation":[305408,0,0,0,0,0,0,193266,144797,214394,118812,153364,166027,146558,137133],"Direct compensation":[275308,0,0,0,0,0,0,185120,125608,187790,101920,136575,147308,122929,113747],"Other compensation":[30100,0,0,0,0,0,0,8146,19189,26604,16892,16789,18719,23629,23386]},"Basic":{"value":null,"mission":"Elevate ventures' mission is to create sustainable entrepreneurial development cultures and infrastructure throughout indiana and drive financial and economic returns for indiana communities through value-added services and both direct investments and fund-of-funds programs. elevate ventures serves as a community catalyst by discovering and developing high-performing, high-growth, indiana-based businesses.","year":2016,"name":"Elevate Ventures Inc","phone":3172520258,"website":"www.elevateventures.com","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":null,"year_formation":2010,"state_legal_domicile":"IN","total_volunteers":6,"tax_period_begin":"2016-01-01T00:00:00","tax_period_end":"2016-12-31T00:00:00","address":"50 East 91st St 213, Indianapolis, IN, 46240, USA","city":"Indianapolis","state":"IN","country":"USA","zip_code":46240},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":7,"Number of independent voting members":6,"Number of employees total":14,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":14,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":6078756,"Contributions":{"value":2110449,"Other contributions":2110449,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":3954560,"Total revenue":{"value":3954560,"IEDC State Contracts":3802060,"Management Fees":152500},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":13112,"Investment income total":13454,"Net investment gain":-342,"Income from invest bond proceeds":0},"Other revenues":{"value":635,"Other total":635,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":3180097,"Grant expense":{"value":173000,"Grants to domestic orgs":173000,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":2191258,"Current officers":714516,"Disqualified persons":0,"Other salaries and wages":1189871,"Pension plan contributions":33778,"Other employee benefits":154633,"Payroll taxes":98460},"Other expenses":{"value":815839,"Management services":0,"Legal":0,"Accounting":61227,"Lobbying services":111,"Investment management fees":0,"Other services":254445,"Advertising":40019,"Office expenses":24528,"Information technology":147380,"Royalties":0,"Occupancy":111058,"Travel":61780,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":8121,"Insurance":56138,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":51032,"EVENTS AND GIFTS":38420,"LICENSES AND MEMBERSHIP FEES":2494,"BAD DEBT":9167,"BANK FEES":951},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":2346571,"Management And General Expenses":820586,"Fundraising Expenses":12940}},"Assets":{"value":6298112,"Non-interest bearing cash":1154664,"Savings and temp cash investments":2247486,"Pledges and grants receivable":1806959,"Accounts receivable":974754,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":50728,"Land, building, equipment":63521,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":2846271,"Sum of Total Liabilities":0,"Accounts payable, accrued":131213,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":2715058},"Fund balance":{"value":3451841,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":795764,"Temporarily restricted net assets":2656077,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.7378929007511406,"percentile":0.5630293717222656},"Fundraising Efficiency":{"score":163.0949768160742,"percentile":0.9069083340293799},"Operating Margin":{"score":0.47685069116115203,"percentile":0.9116194476956817},"Liabilities to Assets Ratio":{"score":0.45192448149540687,"percentile":0.14878005614248985},"Operating Reserve Ratio":{"score":1.98047795397436,"percentile":0.613519623770704},"Officer Compensation Ratio":{"score":0.49676440687186585,"percentile":0.07319245907419952},"Program Expense Growth":{"score":-0.020772464043935727,"percentile":0.2578712443262688},"Revenue Growth":{"score":0.15564825246420425,"percentile":0.8551283354204865},"Asset Growth":{"score":0.2043766903999789,"percentile":0.8512554715998281},"Independent Voting Board Pct":{"score":0.8571428571428571,"percentile":0.21680981203217933},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6119025521257361,"percentile":0.6398929841974105}},"source_xml":"201732909349300848_public.xml"},{"Organization":{"value":null,"Person":["Christopher Day","Phillip Lodato","Robert Myer","Barbie Wentworth","Don Densborn","John Sampson","Larry Garatoni","Steve Martin","Christopher Huxhold","Matthew Tyner","Asa Kelly","Erica Schweyer","Jacob Schpok","Myles Grote","Nicholas Kuhn","BARBARA UGGEN-DAVIS"],"Title":["Chief Executive Officer","GENERAL COUNSEL, CHIEF COMPLIANCE OFFICER, AND SECRETARY","Board Chair","Board Member","Board Member","Board Member","Board Member","Board Member","VP Finance and Treasurer Starting April 2024","Managing Partner","Vice President, Systems and IT","Chief of Staff","Partner","Partner","Vice President","FORMER CHIEF FINANCIAL OFFICER"],"Hours":[6.0,4.0,1.0,1.0,1.0,1.0,1.0,1.0,6.0,6.0,4.0,6.0,6.0,4.0,0.0,0.0],"Total Compensation":[480128,308531,0,0,0,0,0,0,160642,433144,251747,298470,301245,259071,189417,101828],"Direct compensation":[449218,297552,0,0,0,0,0,0,149992,384233,223006,264435,259156,241203,181404,101828],"Other compensation":[30910,10979,0,0,0,0,0,0,10650,48911,28741,34035,42089,17868,8013,0]},"Basic":{"value":null,"mission":"Elevate ventures' mission is growing the state's economy, driving economic development, helping businesses launch, grow and locate in the state of indiana. we increase the amount of capital available to indiana startup and early stage innovation driven companies to spur economic development through growth, research and development. iedc has contracted with elevate ventures since 2011 to carry out the required tasks associated with making direct investments in private indiana companies and the associated programming and technical support required to build a sufficient pipeline of investable companies and to support indiana's entrepreneurial ecosystem.","year":2024,"name":"Elevate Ventures Inc","phone":3179751901,"website":"www.elevateventures.com","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":null,"year_formation":2010,"state_legal_domicile":"IN","total_volunteers":8,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"1 Virginia Avenue 200, Indianapolis, IN, 46204, USA","city":"Indianapolis","state":"IN","country":"USA","zip_code":46204},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":8,"Number of independent voting members":6,"Number of employees total":33,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":33,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":9243556,"Contributions":{"value":1047808,"Other contributions":647671,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":400137,"Related organizations":0},"Program revenue":{"value":7916756,"Total revenue":{"value":7916756,"IEDC STATE CONTRACTS":6500004,"RALLY INNOVATION CONFERENCE":1373002,"Management Fees":43750},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":273244,"Investment income total":273244,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":5748,"Other total":278,"Royalties revenue":0,"Net rental income":1425,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":4045,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":10820838,"Grant expense":{"value":903708,"Grants to domestic orgs":903708,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":5336136,"Current officers":1382445,"Disqualified persons":0,"Other salaries and wages":3373673,"Pension plan contributions":96467,"Other employee benefits":185142,"Payroll taxes":298409},"Other expenses":{"value":4580994,"Management services":0,"Legal":40858,"Accounting":137429,"Lobbying services":0,"Investment management fees":0,"Other services":590818,"Advertising":491772,"Office expenses":54813,"Information technology":343045,"Royalties":0,"Occupancy":214777,"Travel":322933,"Conferences and meetings":48366,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":108959,"Insurance":61552,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":2157512,"Events And Direct Regional Operations":2116914,"Furnitures and Fixtures":17365,"Memberships, Dues and Subscriptions":14483,"Operating Expense":8750},"All other expenses":8160},"Functional Expenses":{"value":null,"Program Service Expenses":7738118,"Management And General Expenses":3072786,"Fundraising Expenses":9934}},"Assets":{"value":28187603,"Non-interest bearing cash":481895,"Savings and temp cash investments":1674708,"Pledges and grants receivable":10000,"Accounts receivable":710672,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":94397,"Inventories for sale or use":7306,"Prepaid expenses deferred charges":156094,"Land, building, equipment":936333,"Investments publicly traded":3863698,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":20252500},"Liabilities":{"value":5009827,"Sum of Total Liabilities":0,"Accounts payable, accrued":1138929,"Grants payable":0,"Deferred, revenue":964330,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":2906568},"Fund balance":{"value":23177776,"Net assets without donor restriction":22649650,"Net assets with donor restriction":528126,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.7151126373022126,"percentile":0.5466056568358132},"Fundraising Efficiency":{"score":105.4769478558486,"percentile":0.8717843849396648},"Operating Margin":{"score":-0.17063584620464245,"percentile":0.16760297545447747},"Liabilities to Assets Ratio":{"score":0.17773157228019706,"percentile":0.26471077440911917},"Operating Reserve Ratio":{"score":2.6049371592107744,"percentile":0.6809724389931893},"Officer Compensation Ratio":{"score":0.25730197605767685,"percentile":0.232258404813174},"Program Expense Growth":{"score":0.14041685454051991,"percentile":0.7429847960712973},"Revenue Growth":{"score":0.09201496361821683,"percentile":0.7450002813667199},"Asset Growth":{"score":0.16513071589543316,"percentile":0.804525142374441},"Independent Voting Board Pct":{"score":0.75,"percentile":0.17719847849878714},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.54439603266197,"percentile":0.44100561896958695}},"source_xml":"202513219349318981_public.xml"},{"Organization":{"value":null,"Person":["Christopher Day","Phillip Lodato","Robert Myer","Barbie Wentworth","Don Densborn","John Sampson","Larry Garatoni","Steven Martin","Barbara Uggen-Davis","Christopher LaMothe","Ting Gootee","Erica Schweyer","Jacob Schpok","Landon Young","Mark Gramelspacher","Nicholas Kuhn"],"Title":["Chief Executive Officer as of July 2022","General Counsel and Secretary","Board Chair","Board Member","Board Member","Board Member","Board Member","Board Member","Chief Financial Officer","Chief Executive Officer through July 2022","Chief Investment Officer Through April 2022","Chief Operating Officer","Partner","Entrepreneur-in-Residence","Entrepreneur-in-Residence","Entrepreneur-in-Residence"],"Hours":[39.0,48.0,1.0,1.0,1.0,1.0,1.0,1.0,42.0,44.0,51.0,40.0,36.0,39.0,44.0,40.0],"Total Compensation":[144788,298257,0,0,0,0,0,0,291800,500086,157694,242424,266672,219033,214687,196466],"Direct compensation":[137500,285000,0,0,0,0,0,0,259167,491032,143977,207708,231583,185000,186250,161000],"Other compensation":[7288,13257,0,0,0,0,0,0,32633,9054,13717,34716,35089,34033,28437,35466]},"Basic":{"value":null,"mission":"Elevate ventures is a venture capital organization focused on building sustainable innovation and entrepreneurship cultures in regions throughout indiana, and fostering and developing high-potential, high-growth businesses for investment and returns for our stakeholders. we invest in high-potential cross-sector innovative companies with a minimum $500m tam at the pre-seed, seed, and early stages.","year":2022,"name":"Elevate Ventures Inc","phone":3172520258,"website":"www.elevateventures.com","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":null,"year_formation":2010,"state_legal_domicile":"IN","total_volunteers":6,"tax_period_begin":"2022-01-01T00:00:00","tax_period_end":"2022-12-31T00:00:00","address":"50 East 91st St 213, Indianapolis, IN, 46240, USA","city":"Indianapolis","state":"IN","country":"USA","zip_code":46240},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":8,"Number of independent voting members":6,"Number of employees total":34,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":34,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":6491355,"Contributions":{"value":1666835,"Other contributions":83263,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":1583572,"Related organizations":0},"Program revenue":{"value":4600980,"Total revenue":{"value":4600980,"IEDC State Contracts":4470729,"Management Fees":76250,"SPONSORSHIP REVENUE":54001},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":183539,"Investment income total":174088,"Net investment gain":9451,"Income from invest bond proceeds":0},"Other revenues":{"value":40001,"Other total":40001,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":7979642,"Grant expense":{"value":1762468,"Grants to domestic orgs":1762468,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":4486031,"Current officers":1392625,"Disqualified persons":0,"Other salaries and wages":2317162,"Pension plan contributions":144779,"Other employee benefits":438539,"Payroll taxes":192926},"Other expenses":{"value":1731143,"Management services":0,"Legal":142586,"Accounting":67255,"Lobbying services":1068,"Investment management fees":0,"Other services":520372,"Advertising":175114,"Office expenses":21222,"Information technology":234976,"Royalties":0,"Occupancy":133531,"Travel":156370,"Conferences and meetings":15415,"Interest":1216,"Payments to affiliates":0,"Depreciation and depletion":32658,"Insurance":71384,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":129958,"EVENTS AND Direct Regional Operations":105758,"LICENSES AND MEMBERSHIP FEES":9201,"BANK FEES":10437,"DUE DILIGENCE":4562},"All other expenses":28018},"Functional Expenses":{"value":null,"Program Service Expenses":6168616,"Management And General Expenses":1810584,"Fundraising Expenses":442}},"Assets":{"value":13172198,"Non-interest bearing cash":518548,"Savings and temp cash investments":3227818,"Pledges and grants receivable":215000,"Accounts receivable":1491549,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":159602,"Land, building, equipment":78886,"Investments publicly traded":5116469,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":2364326},"Liabilities":{"value":2846213,"Sum of Total Liabilities":0,"Accounts payable, accrued":949273,"Grants payable":0,"Deferred, revenue":1710000,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":186940},"Fund balance":{"value":10325985,"Net assets without donor restriction":8802404,"Net assets with donor restriction":1523581,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.7730442042387365,"percentile":0.5950152256047948},"Fundraising Efficiency":{"score":3771.1199095022625,"percentile":0.9922494016399817},"Operating Margin":{"score":-0.22927216274568252,"percentile":0.13781724869305695},"Liabilities to Assets Ratio":{"score":0.21607730160144875,"percentile":0.2420042836097032},"Operating Reserve Ratio":{"score":1.6507254335470187,"percentile":0.5648049142132616},"Officer Compensation Ratio":{"score":0.31729581352145875,"percentile":0.1716834827234735},"Program Expense Growth":{"score":0.12435564197574532,"percentile":0.7195148076137039},"Revenue Growth":{"score":0.06856054156311772,"percentile":0.6766071709038255},"Asset Growth":{"score":0.15788067527630786,"percentile":0.7941543001665066},"Independent Voting Board Pct":{"score":0.75,"percentile":0.17719847849878714},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5457676308333942,"percentile":0.4449659156108642}},"source_xml":"202343149349301549_public.xml"},{"Organization":{"value":null,"Person":["Christopher LaMothe","Robert Myer","Don Densborn","John Sampson","Kip Tom","Larry Garatoni","Steve Martin","Barbara Uggen-Davis","Phil Lodato","Ting Gootee","Eric Steele","Gavin Ferlic","Jacob Schpok","Kyle Keeney","Mark Gramelspacher"],"Title":["Chief Executive Officer","Board Chair","Board Member","Board Member","Board Member","Board Member","Board Member","Chief Financial Officer","General Counsel, Chief Compliance Officer, Secretary","Chief Investment Officer","Entrepreneur in Residence","Entrepreneur in Residence","Entrepreneur in Residence","Entrepreneur in Residence","Entrepreneur in Residence"],"Hours":[50.0,5.0,1.0,1.0,1.0,1.0,1.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"Total Compensation":[402336,0,0,0,0,0,0,174594,213988,230104,149497,139716,170072,117420,163487],"Direct compensation":[384121,0,0,0,0,0,0,150787,204943,199004,128281,132307,140994,100721,140675],"Other compensation":[18215,0,0,0,0,0,0,23807,9045,31100,21216,7409,29078,16699,22812]},"Basic":{"value":null,"mission":"Elevate ventures is a venture development organization focused on building sustainable innovation and entrepreneurship cultures in regions throughout indiana, and fostering and developing high-potential, high-growth businesses for investment and returns for our stakeholders.","year":2019,"name":"Elevate Ventures Inc","phone":3172520258,"website":"www.elevateventures.com","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":null,"year_formation":2010,"state_legal_domicile":"IN","total_volunteers":12,"tax_period_begin":"2019-01-01T00:00:00","tax_period_end":"2019-12-31T00:00:00","address":"50 East 91st St 213, Indianapolis, IN, 46240, USA","city":"Indianapolis","state":"IN","country":"USA","zip_code":46240},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":7,"Number of independent voting members":6,"Number of employees total":27,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":27,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":5326795,"Contributions":{"value":802961,"Other contributions":802961,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":4263721,"Total revenue":{"value":4263721,"IEDC State Contracts":4145120,"Management Fees":118601},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":172886,"Investment income total":173110,"Net investment gain":-224,"Income from invest bond proceeds":0},"Other revenues":{"value":87227,"Other total":87227,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":4269500,"Grant expense":{"value":170500,"Grants to domestic orgs":130500,"Grants to domestic individuals":40000,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":2647345,"Current officers":1021022,"Disqualified persons":0,"Other salaries and wages":1300620,"Pension plan contributions":31922,"Other employee benefits":182947,"Payroll taxes":110834},"Other expenses":{"value":1451655,"Management services":0,"Legal":1000,"Accounting":43133,"Lobbying services":75,"Investment management fees":0,"Other services":745344,"Advertising":105052,"Office expenses":23846,"Information technology":130437,"Royalties":0,"Occupancy":99282,"Travel":83901,"Conferences and meetings":9724,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":22240,"Insurance":50883,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":136738,"EVENTS AND GIFTS":118965,"LICENSES AND MEMBERSHIP FEES":5189,"BANK FEES":9925,"Due Diligence":2659},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":3376439,"Management And General Expenses":893061,"Fundraising Expenses":0}},"Assets":{"value":9852173,"Non-interest bearing cash":822383,"Savings and temp cash investments":2522715,"Pledges and grants receivable":776548,"Accounts receivable":398141,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":50024,"Land, building, equipment":59060,"Investments publicly traded":5203404,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":19898},"Liabilities":{"value":4246366,"Sum of Total Liabilities":0,"Accounts payable, accrued":248176,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":3998190},"Fund balance":{"value":5605807,"Net assets without donor restriction":3161914,"Net assets with donor restriction":2443893,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.7908277315844947,"percentile":0.6139841943721653},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.19848614410729154,"percentile":0.7547744615044106},"Liabilities to Assets Ratio":{"score":0.4310080628913033,"percentile":0.15493508217353044},"Operating Reserve Ratio":{"score":2.3075706757231527,"percentile":0.65217099589977},"Officer Compensation Ratio":{"score":0.41251059843072957,"percentile":0.10813231637662042},"Program Expense Growth":{"score":0.056495163221505815,"percentile":0.5550963538163206},"Revenue Growth":{"score":0.07607307612898734,"percentile":0.7007842712363982},"Asset Growth":{"score":0.19804454329512083,"percentile":0.8447056725767749},"Independent Voting Board Pct":{"score":0.8571428571428571,"percentile":0.21680981203217933},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.590509427880927,"percentile":0.5775243616338989}},"source_xml":"202032879349302103_public.xml"},{"Organization":{"value":null,"Person":["John Schneider","Robert Myer","Kip Tom","Mike Davidson","Phillip Lodato","Steve Martin","Stephen Hourigan","Barbara Uggen-Davis","Ting Gootee","Robert Clark","Dan Owen","Kregg Kiel","Kelly Schwedland","Karen Goldner"],"Title":["Board Chair","Secretary","Board Member","Board Member","Board Member and General Counsel","Board Member","Chief Executive Officer","Chief Financial Officer","Chief Investment Officer","Entrepreneur-in-Residence","Entrepreneur-in-Residence","Entrepreneur-in-Residence","Entrepreneur-in-Residence","Program Director"],"Hours":[1.0,20.0,1.0,1.0,50.0,1.0,50.0,50.0,50.0,40.0,40.0,40.0,40.0,40.0],"Total Compensation":[0,74111,0,0,145191,0,272698,118451,178722,155259,130988,120446,128337,109698],"Direct compensation":[0,74111,0,0,140097,0,245990,103256,156956,140134,115535,113343,108386,106810],"Other compensation":[0,0,0,0,5094,0,26708,15195,21766,15125,15453,7103,19951,2888]},"Basic":{"value":null,"mission":"Elevate ventures is a private venture development organization that nurtures and develops emerging and existing high-potential businesses into high-performing indiana-based companies, with a focus on the technology, life sciences, and advanced manufacturing sectors.","year":2014,"name":"Elevate Ventures Inc","phone":3172520258,"website":"www.elevateventures.com","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":null,"year_formation":2010,"state_legal_domicile":"IN","total_volunteers":4,"tax_period_begin":"2014-01-01T00:00:00","tax_period_end":"2014-12-31T00:00:00","address":"50 East 91st St, Indianapolis, IN, 46240, USA","city":"Indianapolis","state":"IN","country":"USA","zip_code":46240},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":6,"Number of independent voting members":4,"Number of employees total":15,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":15,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":3127391,"Contributions":{"value":240250,"Other contributions":240250,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":2879729,"Total revenue":{"value":2879729,"IEDC State Contracts":2727229,"Management Fees":152500},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":5279,"Investment income total":5279,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":2133,"Other total":2133,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":3501250,"Grant expense":{"value":218000,"Grants to domestic orgs":218000,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":2006139,"Current officers":764221,"Disqualified persons":0,"Other salaries and wages":959748,"Pension plan contributions":44603,"Other employee benefits":143131,"Payroll taxes":94436},"Other expenses":{"value":1277111,"Management services":0,"Legal":15965,"Accounting":114456,"Lobbying services":0,"Investment management fees":0,"Other services":708153,"Advertising":32205,"Office expenses":21880,"Information technology":57928,"Royalties":0,"Occupancy":60260,"Travel":84010,"Conferences and meetings":0,"Interest":260,"Payments to affiliates":0,"Depreciation and depletion":6963,"Insurance":60441,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":107955,"EVENTS AND GIFTS":82006,"BAD DEBT":13000,"LICENSES AND MEMBERSHIP FEES":9471,"PAYROLL PROCESSING":3478},"All other expenses":6635},"Functional Expenses":{"value":null,"Program Service Expenses":2674172,"Management And General Expenses":812944,"Fundraising Expenses":14134}},"Assets":{"value":3397850,"Non-interest bearing cash":373952,"Savings and temp cash investments":1942555,"Pledges and grants receivable":352167,"Accounts receivable":411064,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":36488,"Land, building, equipment":18793,"Investments publicly traded":0,"Investments other":262831,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":346762,"Sum of Total Liabilities":0,"Accounts payable, accrued":346762,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":3051088,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":1857574,"Temporarily restricted net assets":1193514,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.7637763655837201,"percentile":0.5859855960945115},"Fundraising Efficiency":{"score":16.99801896136975,"percentile":0.5548211064355985},"Operating Margin":{"score":-0.1195434149423593,"percentile":0.2048509796544669},"Liabilities to Assets Ratio":{"score":0.1020533572700384,"percentile":0.3235184347618041},"Operating Reserve Ratio":{"score":0.9704676901106748,"percentile":0.41512277348457305},"Officer Compensation Ratio":{"score":0.4095397358086398,"percentile":0.10960383326976132},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":0.6666666666666666,"percentile":0.15937247719534797},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.43672010661667404,"percentile":0.185637980130722}},"source_xml":"201543169349304189_public.xml"},{"Organization":{"value":null,"Person":["Phil Lodato","Kip Tom","Steve Martin","John Schneider","Robert Myer","John Sampson","David Millard","Larry Garatoni","Christopher LaMothe","Barbara Uggen-Davis","Ting Gootee","Kelly Schwedland","Daniel Owen","Robert Clark","Stephen Hourigan"],"Title":["Board Member and General Counsel","Board Member, until Jun","Board Member","Board Chair, until Jun","Secretary (Jan-Jun) / Board Chair (Jul-Dec))","Board Member","Board Member","Board Member, as of Dec","Chief Executive Officer (as of July 2015)","Chief Financial Officer","Chief Investment Officer","Entrepreneur-in-Residence","Entrepreneur-in-Residence","Entrepreneur-in-Residence","Former Chief Executive Officer"],"Hours":[50.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,50.0,50.0,50.0,40.0,40.0,40.0,0],"Total Compensation":[181698,0,0,0,0,0,0,0,119796,133931,190883,148524,158272,154244,112000],"Direct compensation":[180697,0,0,0,0,0,0,0,118602,119128,170981,128077,138108,139975,112000],"Other compensation":[1001,0,0,0,0,0,0,0,1194,14803,19902,20447,20164,14269,0]},"Basic":{"value":null,"mission":"Elevate ventures' mission is to create sustainable entrepreneurial development cultures and infrastructure throughout indiana and drive financial and economic returns for indiana communities through value-added services and both direct investments and fund-of-funds programs. elevate ventures serves as a community catalyst by discovering and developing high-performing, high-growth, indiana-based businesses.","year":2015,"name":"Elevate Ventures Inc","phone":3172520258,"website":"www.elevateventures.com","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":null,"year_formation":2010,"state_legal_domicile":"IN","total_volunteers":5,"tax_period_begin":"2015-01-01T00:00:00","tax_period_end":"2015-12-31T00:00:00","address":"50 East 91st St 213, Indianapolis, IN, 46240, USA","city":"Indianapolis","state":"IN","country":"USA","zip_code":46240},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":6,"Number of independent voting members":4,"Number of employees total":15,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":15,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":3032725,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":3021976,"Total revenue":{"value":3021976,"IEDC State Contracts":2869476,"Management Fees":152500},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":9765,"Investment income total":11980,"Net investment gain":-2215,"Income from invest bond proceeds":0},"Other revenues":{"value":984,"Other total":984,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2552742,"Grant expense":{"value":143766,"Grants to domestic orgs":143766,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":1659456,"Current officers":626308,"Disqualified persons":0,"Other salaries and wages":791149,"Pension plan contributions":37388,"Other employee benefits":121546,"Payroll taxes":83065},"Other expenses":{"value":749520,"Management services":0,"Legal":3237,"Accounting":31198,"Lobbying services":0,"Investment management fees":0,"Other services":408013,"Advertising":11532,"Office expenses":16052,"Information technology":49024,"Royalties":0,"Occupancy":71342,"Travel":53517,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":6727,"Insurance":64945,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":33337,"EVENTS AND GIFTS":24908,"LICENSES AND MEMBERSHIP FEES":2729,"BAD DEBT":2500,"PAYROLL PROCESSING":3200},"All other expenses":596},"Functional Expenses":{"value":null,"Program Service Expenses":1920115,"Management And General Expenses":622687,"Fundraising Expenses":9940}},"Assets":{"value":3555742,"Non-interest bearing cash":989544,"Savings and temp cash investments":2012136,"Pledges and grants receivable":34167,"Accounts receivable":477916,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":34659,"Land, building, equipment":7320,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":3333874,"Sum of Total Liabilities":0,"Accounts payable, accrued":287502,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":3046372},"Fund balance":{"value":221868,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":-554074,"Temporarily restricted net assets":775942,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.7521774625089414,"percentile":0.5753244503878904},"Fundraising Efficiency":{"score":0.0,"percentile":0.01663311242255882},"Operating Margin":{"score":0.15826789438541247,"percentile":0.7092302145707922},"Liabilities to Assets Ratio":{"score":0.9376028969480913,"percentile":0.05909197798218058},"Operating Reserve Ratio":{"score":1.3929108386198057,"percentile":0.5175761818449681},"Officer Compensation Ratio":{"score":0.4698273464376737,"percentile":0.08269651441456533},"Program Expense Growth":{"score":-0.07321346204136593,"percentile":0.16684947142290366},"Revenue Growth":{"score":-0.13578121982530733,"percentile":0.11137222689300309},"Asset Growth":{"score":0.008282733531694888,"percentile":0.3545341559879411},"Independent Voting Board Pct":{"score":0.6666666666666666,"percentile":0.15937247719534797},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.389324696233735,"percentile":0.10515554508524647}},"source_xml":"201603009349300920_public.xml"},{"Organization":{"value":null,"Person":["Robert Myer","Christopher LaMothe","Phillip Lodato","Don Densborn","KIP TOM","John Sampson","Larry Garatoni","Steve Martin","Ken Miller","Barbara Uggen-Davis","Ting Gootee","Daniel Owen","Kelly Schwedland","Mark Gramelspacher","Robert Clark","Rosanne Burge"],"Title":["BOARD CHAIR","BOARD MEMBER AND CHIEF EXECUTIVE OFFICER","GENERAL COUNSEL AND SECRETARY","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","Chief Operating Officer","CHIEF FINANCIAL OFFICER","CHIEF INVESTMENT OFFICER","ENTREPRENEUR-IN-RESIDENCE","ENTREPRENEUR-IN-RESIDENCE","ENTREPRENEUR-IN-RESIDENCE","ENTREPRENEUR-IN-RESIDENCE","SENIOR PARTNER"],"Hours":[5.0,50.0,50.0,1.0,1.0,1.0,1.0,1.0,50.0,50.0,50.0,50.0,50.0,50.0,40.0,50.0],"Total Compensation":[0,353588,198676,0,0,0,0,0,21718,152926,218604,133530,154009,154436,146718,131428],"Direct compensation":[0,322887,189662,0,0,0,0,0,16417,131762,190031,113202,130526,134470,128738,117479],"Other compensation":[0,30701,9014,0,0,0,0,0,5301,21164,28573,20328,23483,19966,17980,13949]},"Basic":{"value":null,"mission":"Elevate ventures' mission is to create sustainable entrepreneurial development cultures and infrastructure throughout indiana and drive financial and economic returns for indiana communities through value-added services and both direct investments and fund-of-funds programs. elevate ventures serves as a community catalyst by discovering and developing high-performing, high-growth, indiana-based businesses.","year":2017,"name":"Elevate Ventures Inc","phone":3172520258,"website":"www.elevateventures.com","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":null,"year_formation":2010,"state_legal_domicile":"IN","total_volunteers":6,"tax_period_begin":"2017-01-01T00:00:00","tax_period_end":"2017-12-31T00:00:00","address":"50 East 91st St 213, Indianapolis, IN, 46240, USA","city":"Indianapolis","state":"IN","country":"USA","zip_code":46240},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":8,"Number of independent voting members":6,"Number of employees total":22,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":22,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":5512247,"Contributions":{"value":1625608,"Other contributions":1625608,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":3858325,"Total revenue":{"value":3858325,"IEDC State Contracts":3736162,"Management Fees":122163},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":26194,"Investment income total":26194,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":2120,"Other total":2120,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":3618669,"Grant expense":{"value":200000,"Grants to domestic orgs":200000,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":2428998,"Current officers":850759,"Disqualified persons":0,"Other salaries and wages":1191148,"Pension plan contributions":61744,"Other employee benefits":218494,"Payroll taxes":106853},"Other expenses":{"value":989671,"Management services":0,"Legal":2000,"Accounting":43852,"Lobbying services":0,"Investment management fees":0,"Other services":371081,"Advertising":52339,"Office expenses":39936,"Information technology":95921,"Royalties":0,"Occupancy":97640,"Travel":50448,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":15720,"Insurance":53806,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":166928,"BAD DEBT":100250,"EVENTS AND GIFTS":61725,"LICENSES AND MEMBERSHIP FEES":2850,"BANK FEES":2103},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":2699958,"Management And General Expenses":904431,"Fundraising Expenses":14280}},"Assets":{"value":8499730,"Non-interest bearing cash":2163330,"Savings and temp cash investments":3386381,"Pledges and grants receivable":2182234,"Accounts receivable":612957,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":73660,"Land, building, equipment":81168,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":2492214,"Sum of Total Liabilities":0,"Accounts payable, accrued":439253,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":2052961},"Fund balance":{"value":6007516,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":2524893,"Temporarily restricted net assets":3482623,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.7461190841162869,"percentile":0.5697155470342294},"Fundraising Efficiency":{"score":113.83809523809524,"percentile":0.87867956608938},"Operating Margin":{"score":0.34352197933075207,"percentile":0.8594821466821041},"Liabilities to Assets Ratio":{"score":0.2932109608187554,"percentile":0.20467059303577487},"Operating Reserve Ratio":{"score":2.348855338799984,"percentile":0.6565420282163889},"Officer Compensation Ratio":{"score":0.46028885206135184,"percentile":0.08638776057399415},"Program Expense Growth":{"score":0.023687311730908784,"percentile":0.42122885927261416},"Revenue Growth":{"score":0.14011078763716592,"percentile":0.8352730838996364},"Asset Growth":{"score":0.25552348358761207,"percentile":0.8939233666224911},"Independent Voting Board Pct":{"score":0.75,"percentile":0.17719847849878714},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6226439789263908,"percentile":0.6700486742715508}},"source_xml":"201832829349300038_public.xml"},{"Organization":{"value":null,"Person":["Christopher Day","Phillip Lodato","Robert Myer","Barbie Wentworth","Don Densborn","John Sampson","Larry Garatoni","Steven Martin","Barbara Uggen-Davis","Daniel Meek","Erica Schweyer","Jacob Schpok","Mark Gramelspacher","Matthew Tyner"],"Title":["Chief Executive Officer","General Counsel, Chief Compliance Officer, and Secretary","Board Chair","Board Member","Board Member","Board Member","Board Member","Board Member","Chief Financial Officer (Through November 2023)","Entrepreneur -In-Residence","Chief Operating Officer","Partner","Entrepreneur-in-Residence","Managing Partner"],"Hours":[8.0,40.0,1.0,1.0,1.0,1.0,1.0,1.0,40.0,40.0,40.0,40.0,40.0,8.0],"Total Compensation":[394664,296758,0,0,0,0,0,0,274570,209145,279336,278866,230392,294681],"Direct compensation":[368135,285267,0,0,0,0,0,0,241995,180615,248509,241413,222925,254388],"Other compensation":[26529,11491,0,0,0,0,0,0,32575,28530,30827,37453,7467,40293]},"Basic":{"value":null,"mission":"Elevate ventures is a venture development and venture capital organization focused on building sustainable innovation and entrepreneurship ecosystems in regions throughout indiana, and fostering and developing high-potential, high-growth businesses for investment and returns for our stakeholders. we invest in high-potential cross-sector innovative companies with a minimum $500m tam at the pre-seed, seed, and early stages.","year":2023,"name":"Elevate Ventures Inc","phone":3172520258,"website":"www.elevateventures.com","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":null,"year_formation":2010,"state_legal_domicile":"IN","total_volunteers":6,"tax_period_begin":"2023-01-01T00:00:00","tax_period_end":"2023-12-31T00:00:00","address":"50 East 91st St 213, Indianapolis, IN, 46240, USA","city":"Indianapolis","state":"IN","country":"USA","zip_code":46240},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":8,"Number of independent voting members":6,"Number of employees total":34,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":34,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":9960751,"Contributions":{"value":1382264,"Other contributions":34861,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":1347403,"Related organizations":0},"Program revenue":{"value":8338251,"Total revenue":{"value":8338251,"IEDC State Contracts":5588502,"Rally Innovation Conference":2692430,"Management Fees":56250,"Origins Revenue":1069},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":235897,"Investment income total":337863,"Net investment gain":-101966,"Income from invest bond proceeds":0},"Other revenues":{"value":4339,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":4339,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":11621084,"Grant expense":{"value":1705970,"Grants to domestic orgs":1705970,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":5123440,"Current officers":965992,"Disqualified persons":0,"Other salaries and wages":3593422,"Pension plan contributions":136089,"Other employee benefits":192085,"Payroll taxes":235852},"Other expenses":{"value":4791674,"Management services":0,"Legal":163636,"Accounting":103245,"Lobbying services":1103,"Investment management fees":0,"Other services":288298,"Advertising":455238,"Office expenses":17164,"Information technology":252458,"Royalties":0,"Occupancy":140428,"Travel":182633,"Conferences and meetings":49650,"Interest":596,"Payments to affiliates":0,"Depreciation and depletion":39205,"Insurance":69309,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":3023797,"Events And Direct Regional Operations":3006937,"BANK FEES":8330,"Taxes":4463,"DUE DILIGENCE":4067},"All other expenses":4914},"Functional Expenses":{"value":null,"Program Service Expenses":8246569,"Management And General Expenses":3261848,"Fundraising Expenses":112667}},"Assets":{"value":11990431,"Non-interest bearing cash":2624824,"Savings and temp cash investments":2284784,"Pledges and grants receivable":1238884,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":88397,"Inventories for sale or use":6202,"Prepaid expenses deferred charges":75053,"Land, building, equipment":55505,"Investments publicly traded":3450621,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":2166161},"Liabilities":{"value":2378013,"Sum of Total Liabilities":0,"Accounts payable, accrued":982775,"Grants payable":0,"Deferred, revenue":1332769,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":62469},"Fund balance":{"value":9612418,"Net assets without donor restriction":8460017,"Net assets with donor restriction":1152401,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.7096213227612845,"percentile":0.5430244173588007},"Fundraising Efficiency":{"score":12.268579087044122,"percentile":0.4612743700298676},"Operating Margin":{"score":-0.16668753189393049,"percentile":0.17004087693529574},"Liabilities to Assets Ratio":{"score":0.1983258983767973,"percentile":0.25202770908816796},"Operating Reserve Ratio":{"score":1.0317824912030582,"percentile":0.43259518145675074},"Officer Compensation Ratio":{"score":0.19433746456010473,"percentile":0.32368341239541754},"Program Expense Growth":{"score":0.1469570845284915,"percentile":0.7514119525176071},"Revenue Growth":{"score":0.0925070567733437,"percentile":0.7462601323515454},"Asset Growth":{"score":0.13191777418488765,"percentile":0.7512792181958923},"Independent Voting Board Pct":{"score":0.75,"percentile":0.17719847849878714},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.4926148482745921,"percentile":0.303790329660748}},"source_xml":"202413209349306856_public.xml"},{"Organization":{"value":null,"Person":["Robert Myer","Christopher LaMothe","Phil Lodato","Don Densborn","Kip Tom","Larry Garatoni","Steve Martin","John Sampson","Barbara Uggen-Davis","Ken Miller","Ting Gootee","Robert Clark","Gavin Ferlic","Mark Gramelspacher","Kelly Schwedland","Eric Steele"],"Title":["Board Chair","Chief Executive Officer","General Counsel and Chief Compliance Officer and Secretary","Board Member","Board Member","Board Member","Board Member","Board Member","Chief Financial Officer","Chief Operating Officer","Chief Investment Officer","Entrepreneur in Residence","Entrepreneur in Residence","Entrepreneur in Residence","Entrepreneur in Residence","Entrepreneur in Residence"],"Hours":[5.0,50.0,50.0,1.0,1.0,1.0,1.0,1.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"Total Compensation":[0,386888,209464,0,0,0,0,0,167794,118479,225234,140923,136969,162371,149565,134185],"Direct compensation":[0,363532,200210,0,0,0,0,0,145125,111780,195168,122555,118391,141374,123004,112979],"Other compensation":[0,23356,9254,0,0,0,0,0,22669,6699,30066,18368,18578,20997,26561,21206]},"Basic":{"value":null,"mission":"Elevate ventures is a venture development organization focused on building sustainable innovation and entrepreneurship cultures in regions throughout indiana, and fostering and developing high-potential, high-growth businesses for investment and returns for our stakeholders.","year":2018,"name":"Elevate Ventures Inc","phone":3172520258,"website":"www.elevateventures.com","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":null,"year_formation":2010,"state_legal_domicile":"IN","total_volunteers":6,"tax_period_begin":"2018-01-01T00:00:00","tax_period_end":"2018-12-31T00:00:00","address":"50 East 91st St 213, Indianapolis, IN, 46240, USA","city":"Indianapolis","state":"IN","country":"USA","zip_code":46240},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":8,"Number of independent voting members":6,"Number of employees total":21,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":21,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":4636197,"Contributions":{"value":252683,"Other contributions":252683,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":4232119,"Total revenue":{"value":4232119,"IEDC State Contracts":4100649,"Management Fees":131470},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":84186,"Investment income total":84250,"Net investment gain":-64,"Income from invest bond proceeds":0},"Other revenues":{"value":67209,"Other total":67209,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":4220363,"Grant expense":{"value":214400,"Grants to domestic orgs":214400,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":2579418,"Current officers":1107859,"Disqualified persons":0,"Other salaries and wages":1121323,"Pension plan contributions":37582,"Other employee benefits":206622,"Payroll taxes":106032},"Other expenses":{"value":1426545,"Management services":0,"Legal":0,"Accounting":38361,"Lobbying services":59,"Investment management fees":0,"Other services":708104,"Advertising":104298,"Office expenses":57940,"Information technology":124327,"Royalties":0,"Occupancy":100020,"Travel":70433,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":18924,"Insurance":49429,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":154650,"EVENTS AND GIFTS":151043,"LICENSES AND MEMBERSHIP FEES":3126,"BANK FEES":481},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":2623115,"Management And General Expenses":1577359,"Fundraising Expenses":19889}},"Assets":{"value":8772845,"Non-interest bearing cash":796033,"Savings and temp cash investments":2500147,"Pledges and grants receivable":923001,"Accounts receivable":389498,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":42768,"Land, building, equipment":68257,"Investments publicly traded":4035565,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":17576},"Liabilities":{"value":3906600,"Sum of Total Liabilities":0,"Accounts payable, accrued":291462,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":3615138},"Fund balance":{"value":4866245,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":2201118,"Temporarily restricted net assets":2665127,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.6215377681967167,"percentile":0.5022504088356843},"Fundraising Efficiency":{"score":12.704660867816381,"percentile":0.4718609980635505},"Operating Margin":{"score":0.08969290994321423,"percentile":0.6049782347693827},"Liabilities to Assets Ratio":{"score":0.44530594123115136,"percentile":0.15068977751121293},"Operating Reserve Ratio":{"score":2.078694415622542,"percentile":0.6261056666597282},"Officer Compensation Ratio":{"score":0.4340555539890763,"percentile":0.09759971321781624},"Program Expense Growth":{"score":0.027717829393932067,"percentile":0.43889165476293507},"Revenue Growth":{"score":0.08881034921815316,"percentile":0.7368036908594452},"Asset Growth":{"score":0.22383003374134813,"percentile":0.8694971749400798},"Independent Voting Board Pct":{"score":0.75,"percentile":0.17719847849878714},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5159274080870896,"percentile":0.3626340222338969}},"source_xml":"201913089349301181_public.xml"},{"Organization":{"value":null,"Person":["HOWARD BATES","JIM JAY","ROBERT MYER","JOHN SCHNEIDER","MARK MAASEL","MIKE DAVIDSON","BARBARA UGGEN-DAVIS","LINDA O'KEEFE","STEPHEN HOURIGAN","DAVID CLARK","TING GOOTEE","ROBERT CLARK","RYAN PFENNINGER"],"Title":["BOARD MEMBER, CHAIRMAN","BOARD MEMBER, TREASURER (PARTIAL YEAR)","BOARD MEMBER, SECRETARY","BOARD MEMBER","BOARD MEMBER (PARTIAL YEAR)","BOARD MEMBER","CHIEF FINANCIAL OFFICER","CHIEF FINANCIAL OFFICER (PARTIAL YEAR)","CHIEF EXECUTIVE OFFICER","VENTURE PARTNER","VICE PRESIDENT OF INVESTMENTS","ENTREPRENEUR-IN-RESIDENCE","VENTURE PARTNER, CHIEF TECHNOLOGY OFFICER (PARTIAL YEAR)"],"Hours":[20.0,1.0,1.0,1.0,1.0,1.0,45.0,50.0,50.0,50.0,50.0,50.0,50.0],"Total Compensation":[20625,0,0,0,0,0,79583,53125,312885,168385,162260,133790,127730],"Direct compensation":[20625,0,0,0,0,0,73847,52825,306674,164470,157299,131633,127730],"Other compensation":[0,0,0,0,0,0,5736,300,6211,3915,4961,2157,0]},"Basic":{"value":null,"mission":"The organization's primary purpose is to stimulate economic development in the state of indiana by fostering and promoting the development of entrepreneurs and emerging companies in support of the indiana economy and its creation and retention of jobs.","year":2013,"name":"ELEVATE VENTURES INC","phone":3172520258,"website":"WWW.ELEVATEVENTURES.COM","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":null,"year_formation":2010,"state_legal_domicile":"IN","total_volunteers":6,"tax_period_begin":"2013-01-01T00:00:00","tax_period_end":"2013-12-31T00:00:00","address":"50 East 91st St, Indianapolis, IN, 46240, USA","city":"Indianapolis","state":"IN","country":"USA","zip_code":46240},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":4,"Number of independent voting members":3,"Number of employees total":19,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":19,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":3947692,"Contributions":{"value":549333,"Other contributions":549333,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":3394922,"Total revenue":{"value":3394922,"VARIOUS":3394922},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":921,"Investment income total":921,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":2516,"Other total":2516,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":3051775,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":1749028,"Current officers":681268,"Disqualified persons":0,"Other salaries and wages":833134,"Pension plan contributions":35438,"Other employee benefits":120945,"Payroll taxes":78243},"Other expenses":{"value":1302747,"Management services":0,"Legal":51074,"Accounting":26920,"Lobbying services":0,"Investment management fees":0,"Other services":667894,"Advertising":215902,"Office expenses":18124,"Information technology":61473,"Royalties":0,"Occupancy":43411,"Travel":89163,"Conferences and meetings":0,"Interest":334,"Payments to affiliates":0,"Depreciation and depletion":3786,"Insurance":53068,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":10521,"PAYROLL PROCESSING":6814,"LICENSES AND MEMBERSHIP FEES":2704,"SUBSCRIPTIONS & BOOKS":879,"BANK & CREDIT CARD FEES":124},"All other expenses":61077},"Functional Expenses":{"value":null,"Program Service Expenses":2254392,"Management And General Expenses":785455,"Fundraising Expenses":11928}},"Assets":{"value":3498030,"Non-interest bearing cash":64245,"Savings and temp cash investments":1762160,"Pledges and grants receivable":1009667,"Accounts receivable":611178,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":25953,"Land, building, equipment":24827,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":335914,"Sum of Total Liabilities":0,"Accounts payable, accrued":335914,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":3162116,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":1187091,"Temporarily restricted net assets":1975025,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.738715010117063,"percentile":0.5636583342060532},"Fundraising Efficiency":{"score":46.05407444668008,"percentile":0.7694396201217938},"Operating Margin":{"score":0.22694703639493657,"percentile":0.7817101954295359},"Liabilities to Assets Ratio":{"score":0.09602947944986177,"percentile":0.32947865815188626},"Operating Reserve Ratio":{"score":1.1462280148438204,"percentile":0.4624175897017517},"Officer Compensation Ratio":{"score":0.3468089882117784,"percentile":0.1484005006966873},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":0.75,"percentile":0.17719847849878714},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5773166309098109,"percentile":0.5385287486978497}},"source_xml":"201413219349305071_public.xml"},{"Organization":{"value":null,"Person":["Christopher LaMothe","Robert Myer","Barbie Wentworth","Don Densborn","John Sampson","Larry Garatoni","Steve Martin","Barbara Uggen-Davis","Phillip Lodato","Ting Gootee","Eric Steele","Erica Schweyer","Jacob Schpok","Kyle Keeney","Mark Gramelspacher"],"Title":["CHIEF EXECUTIVE OFFICER","Board Chair","Board Member","Board Member","Board Member","Board Member","Board Member","CHIEF FINANCIAL OFFICER","General Counsel, Chief Compliance Officer, Secretary","Chief Investment Officer","Entrepreneur-in-Residence","VP Marketing","VP Entrepreneurial Svc","Entrepreneur-in-Residence","Entrepreneur-in-Residence"],"Hours":[50.0,5.0,1.0,1.0,1.0,1.0,1.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"Total Compensation":[441765,0,0,0,0,0,0,207016,231477,255871,151007,147217,203006,156775,185593],"Direct compensation":[428829,0,0,0,0,0,0,174546,220334,213119,132853,114381,164071,126336,155416],"Other compensation":[12936,0,0,0,0,0,0,32470,11143,42752,18154,32836,38935,30439,30177]},"Basic":{"value":null,"mission":"Elevate ventures is a venture development organization focused on building sustainable innovation and entrepreneurship cultures in regions throughout indiana, and fostering and developing high-potential, high-growth businesses for investment and returns for our stakeholders.","year":2020,"name":"Elevate Ventures Inc","phone":3172520258,"website":"www.elevateventures.com","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":null,"year_formation":2010,"state_legal_domicile":"IN","total_volunteers":6,"tax_period_begin":"2020-01-01T00:00:00","tax_period_end":"2020-12-31T00:00:00","address":"50 East 91st St 213, Indianapolis, IN, 46240, USA","city":"Indianapolis","state":"IN","country":"USA","zip_code":46240},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":7,"Number of independent voting members":6,"Number of employees total":25,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":25,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":5850844,"Contributions":{"value":1305276,"Other contributions":765539,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":539737,"Related organizations":0},"Program revenue":{"value":4365247,"Total revenue":{"value":4365247,"IEDC State Contracts":4260247,"Management Fees":105000},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":112335,"Investment income total":114310,"Net investment gain":-1975,"Income from invest bond proceeds":0},"Other revenues":{"value":67986,"Other total":67986,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":5194095,"Grant expense":{"value":716000,"Grants to domestic orgs":707000,"Grants to domestic individuals":9000,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":3139541,"Current officers":1084478,"Disqualified persons":0,"Other salaries and wages":1618459,"Pension plan contributions":94093,"Other employee benefits":218170,"Payroll taxes":124341},"Other expenses":{"value":1338554,"Management services":0,"Legal":98846,"Accounting":42568,"Lobbying services":90,"Investment management fees":0,"Other services":359163,"Advertising":121402,"Office expenses":15598,"Information technology":195279,"Royalties":0,"Occupancy":104343,"Travel":26626,"Conferences and meetings":2897,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":20697,"Insurance":54959,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":283131,"EVENTS AND Direct Regional Operations":261833,"LICENSES AND MEMBERSHIP FEES":5337,"BANK FEES":10721,"DUE DILIGENCE":5240},"All other expenses":12955},"Functional Expenses":{"value":null,"Program Service Expenses":4432784,"Management And General Expenses":745916,"Fundraising Expenses":15395}},"Assets":{"value":11029847,"Non-interest bearing cash":1520815,"Savings and temp cash investments":2970915,"Pledges and grants receivable":1007667,"Accounts receivable":64479,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":48054,"Land, building, equipment":42108,"Investments publicly traded":5360894,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":14915},"Liabilities":{"value":7220843,"Sum of Total Liabilities":0,"Accounts payable, accrued":684941,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":6535902},"Fund balance":{"value":3809004,"Net assets without donor restriction":1385953,"Net assets with donor restriction":2423051,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.8534275942199748,"percentile":0.6987370401102044},"Fundraising Efficiency":{"score":84.78570964598896,"percentile":0.8500648523373243},"Operating Margin":{"score":0.11224859182709367,"percentile":0.6435951893327442},"Liabilities to Assets Ratio":{"score":0.6546639314217142,"percentile":0.10153826489226246},"Operating Reserve Ratio":{"score":2.123535861396451,"percentile":0.6315817341008221},"Officer Compensation Ratio":{"score":0.3811495554085938,"percentile":0.1257201910383498},"Program Expense Growth":{"score":0.0905243790829157,"percentile":0.6540037240756434},"Revenue Growth":{"score":0.07251647310153446,"percentile":0.6897093411791253},"Asset Growth":{"score":0.17840081859656712,"percentile":0.8221012681579454},"Independent Voting Board Pct":{"score":0.8571428571428571,"percentile":0.21680981203217933},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6260309031148111,"percentile":0.6793245637384177}},"source_xml":"202143069349301864_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["Christopher Day","Phillip Lodato","Robert Myer","Barbie Wentworth","Don Densborn","John Sampson","Larry Garatoni","Steve Martin","Christopher Huxhold","Matthew Tyner","Asa Kelly","Erica Schweyer","Jacob Schpok","Myles Grote","Nicholas Kuhn","BARBARA UGGEN-DAVIS"],"Title":["Chief Executive Officer","GENERAL COUNSEL, CHIEF COMPLIANCE OFFICER, AND SECRETARY","Board Chair","Board Member","Board Member","Board Member","Board Member","Board Member","VP Finance and Treasurer Starting April 2024","Managing Partner","Vice President, Systems and IT","Chief of Staff","Partner","Partner","Vice President","FORMER CHIEF FINANCIAL OFFICER"],"Hours":[6.0,4.0,1.0,1.0,1.0,1.0,1.0,1.0,6.0,6.0,4.0,6.0,6.0,4.0,0.0,0.0],"Total Compensation":[480128,308531,0,0,0,0,0,0,160642,433144,251747,298470,301245,259071,189417,101828],"Direct compensation":[449218,297552,0,0,0,0,0,0,149992,384233,223006,264435,259156,241203,181404,101828],"Other compensation":[30910,10979,0,0,0,0,0,0,10650,48911,28741,34035,42089,17868,8013,0]},"Basic":{"value":null,"mission":"Elevate ventures' mission is growing the state's economy, driving economic development, helping businesses launch, grow and locate in the state of indiana. we increase the amount of capital available to indiana startup and early stage innovation driven companies to spur economic development through growth, research and development. iedc has contracted with elevate ventures since 2011 to carry out the required tasks associated with making direct investments in private indiana companies and the associated programming and technical support required to build a sufficient pipeline of investable companies and to support indiana's entrepreneurial ecosystem.","year":2024,"name":"Elevate Ventures Inc","phone":3179751901,"website":"www.elevateventures.com","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":null,"year_formation":2010,"state_legal_domicile":"IN","total_volunteers":8,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"1 Virginia Avenue 200, Indianapolis, IN, 46204, USA","city":"Indianapolis","state":"IN","country":"USA","zip_code":46204},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":8,"Number of independent voting members":6,"Number of employees total":33,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":33,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":9243556,"Contributions":{"value":1047808,"Other contributions":647671,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":400137,"Related organizations":0},"Program revenue":{"value":7916756,"Total revenue":{"value":7916756,"IEDC STATE CONTRACTS":6500004,"RALLY INNOVATION CONFERENCE":1373002,"Management Fees":43750},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":273244,"Investment income total":273244,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":5748,"Other total":278,"Royalties revenue":0,"Net rental income":1425,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":4045,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":10820838,"Grant expense":{"value":903708,"Grants to domestic orgs":903708,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":5336136,"Current officers":1382445,"Disqualified persons":0,"Other salaries and wages":3373673,"Pension plan contributions":96467,"Other employee benefits":185142,"Payroll taxes":298409},"Other expenses":{"value":4580994,"Management services":0,"Legal":40858,"Accounting":137429,"Lobbying services":0,"Investment management fees":0,"Other services":590818,"Advertising":491772,"Office expenses":54813,"Information technology":343045,"Royalties":0,"Occupancy":214777,"Travel":322933,"Conferences and meetings":48366,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":108959,"Insurance":61552,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":2157512,"Events And Direct Regional Operations":2116914,"Furnitures and Fixtures":17365,"Memberships, Dues and Subscriptions":14483,"Operating Expense":8750},"All other expenses":8160},"Functional Expenses":{"value":null,"Program Service Expenses":7738118,"Management And General Expenses":3072786,"Fundraising Expenses":9934}},"Assets":{"value":28187603,"Non-interest bearing cash":481895,"Savings and temp cash investments":1674708,"Pledges and grants receivable":10000,"Accounts receivable":710672,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":94397,"Inventories for sale or use":7306,"Prepaid expenses deferred charges":156094,"Land, building, equipment":936333,"Investments publicly traded":3863698,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":20252500},"Liabilities":{"value":5009827,"Sum of Total Liabilities":0,"Accounts payable, accrued":1138929,"Grants payable":0,"Deferred, revenue":964330,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":2906568},"Fund balance":{"value":23177776,"Net assets without donor restriction":22649650,"Net assets with donor restriction":528126,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.7151126373022126,"percentile":0.5466056568358132},"Fundraising Efficiency":{"score":105.4769478558486,"percentile":0.8717843849396648},"Operating Margin":{"score":-0.17063584620464245,"percentile":0.16760297545447747},"Liabilities to Assets Ratio":{"score":0.17773157228019706,"percentile":0.26471077440911917},"Operating Reserve Ratio":{"score":2.6049371592107744,"percentile":0.6809724389931893},"Officer Compensation Ratio":{"score":0.25730197605767685,"percentile":0.232258404813174},"Program Expense Growth":{"score":0.14041685454051991,"percentile":0.7429847960712973},"Revenue Growth":{"score":0.09201496361821683,"percentile":0.7450002813667199},"Asset Growth":{"score":0.16513071589543316,"percentile":0.804525142374441},"Independent Voting Board Pct":{"score":0.75,"percentile":0.17719847849878714},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.54439603266197,"percentile":0.44100561896958695}},"source_xml":"202513219349318981_public.xml"},"sector":"Public, Societal Benefit","donation_categories":[],"zakat_policy":null},"error":null}