Elevations Foundation Inc

Nonprofit profile at a glance

EIN
273484142
IRS 990 coverage
2012–2025
Forms available
Form 990 2025
Location
Boulder, CO, USA
Phone
3034434672
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Official website

Reported finances

Revenue
$951,514
Expenses
$536,471
Assets
$3,211,125
Liabilities
$24,332

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • JENNIFER HINDERLITER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • GERRY AGNES (DIRECTOR): $1,385,527 total reported compensation
  • TAMMY TEITSCHEID (DIRECTOR): $1,094,935 total reported compensation
  • WENDY BESWICK (DIRECTOR): $621,935 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We bring people and resources together to strengthen our communities.

What it reported doing in 2025

Support was given to various organizations which benefit the local community.

Operating model

Revenue model
Affiliate-supported. 63% of the money available for current operations came from contributions from related organizations.
Distribution model
Grant intermediary. The nonprofit sent 79% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most filed governance safeguards are in place. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 76
  • Accountability: 64
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 32.3%; rating input score 32
  • Program expense ratio: 51.7%; rating input score 52
  • Fundraising efficiency: $8.62 raised per $1 spent on fundraising; rating input score 30; 30th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 18th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 77.3%; rating input score 77; 38th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 46.2%; rating input score 46; 14th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 43.6%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 5.99; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 61.1%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 8.1% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 10.8% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 18.4% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 32.3% of revenue deployed · 51.7% of spending went to programs
  • Governance: 6 of 13 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $277K in reported program spending
  • Leadership: top reported pay $1.4M · 14 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • 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 — Financial Efficiency: Mission deployment rate scored 32/100.
  • Review — Financial Efficiency: Program expense ratio scored 52/100.
  • Moderate — Accountability: Independent voting board scored 46/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 30/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.