Chase Elliott Foundation Inc
Nonprofit profile at a glance
- EIN
- 581907256
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2015, Form 990-EZ 2024
- Location
- Dawsonville, GA, USA
- Phone
- 7062653030
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.
Reported finances
- Revenue
- $65,790
- Expenses
- $62,000
- Assets
- $72,515
- Liabilities
- $169,565
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- WILLIAM C ELLIOTT (PRESIDENT)
People named in this filing
- WILLIAM C ELLIOTT (PRESIDENT)
- CINDY ELLIOTT (DIRECTOR)
- CHASE ELLIOTT (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The chase elliott foundation operates solely to provide support and financial assistance to well-qualified charitable organizations with an emphasis on helping others live healthier, happier lives.
What it reported doing in 2024
To provide financial assistance, emergency relief, and essential resources to members of the national guard during times of need.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 100
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.2%; rating input score 91
- Program expense ratio: 96.8%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 5.8%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 1.17; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 2.34; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 8.4% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 9% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 15% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 91.2% of revenue deployed · 96.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $60K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- Review — Sustainability: Operating margin scored 56/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.