Elluminate Inc

What it reported doing in 2024

Elluminate, a network of jewish women for equity and justice, has created a unique and dedicated space for jewish women entreprenurial leaders and executives working for social innovation within and outside the jewish community. The collective, our signature leadership advancement program, has trained, supported, and connected 60 jewish women executives working for social change. As a participant in the program they participate in, elluminate provides a two-year curriculum focused on leading through a jewish and gender lens, cohort groups, peer-to-peer relationship building, capacity grants for their organizations, and individual professional development training, they also become part of the elluminate network and get a national platform for their cause including a dedicated webinar called crown jewel conversations. Through this work we are impacting ending the feminization of poverty, creating a more inclusive and diverse jewish community, advocating for democracy and equality in israel and the us, and working for reproductive justice, gender justice, and women's safety. We also run a "women in the c-suite" program for jewish women ceos who come together monthly on an informal base to share challenges and opportunities with peers and network. This has been an important space since october 7, where jewish leaders can find a safe space to speak about how the massacre in israel impacts them personally and their organization and work. We run an annual national conference that brings together jewish women philanthropists, advocates, and individuals along with professional jewish leaders and experts to grapple with emergent issues impacting women rights, queer talmudic study, eliminating mass incarceration, ending sex trafficking, and educating disadvantaged communities. To supplement our grantmaking, elluminate educates the community and advocates for policies that positively impact marginalized communities at the local, federal, and international level. Elluminate is uniquely positioned to create long-lasting, systemic, and impactful change. Members of elluminate have the opportunity to hone and share their philanthropic voice to affect change in New York, israel, and around the globe. Since our inception in 1995, elluminate has awarded over $6 million to more than 250 projects, programs, and organizations.

Financial Efficiency

• Mission deployment rate: 66.3%; rating input score 66
• Program expense ratio: 66.8%; rating input score 67
• Fundraising efficiency: $4.61 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings

Transparency & Controls

• Consistency checks: 88.2%; rating input score 88; 3rd percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: 1 of 8 controls in place; rating input score 12
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Fail
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 85.9%; rating input score 86; 36th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 11.4%; rating input score 64; 64th percentile among comparable filings
• Total-asset coverage ratio: 2.14; rating input score 67; 67th percentile among comparable filings
• Liabilities to assets ratio: 0.07; rating input score 47; 47th percentile among comparable filings
• Officer compensation ratio: 13.4%; rating input score 27; 27th percentile among comparable filings

Growth

• Program expense growth: 0.4% per year; rating input score 100; 19th percentile among comparable filings
• Revenue growth: 8.1% per year; rating input score 100; 59th percentile among comparable filings
• Asset growth: -6.4% per year; rating input score 0; 5th percentile among comparable filings