BETA

ELEVATEMED INC: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
ELEVATEMED INC (EIN 83-3557457)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-06-19
IRS object ID
202601709349300145
Schema version
2025v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-06-19T17:28:32-04:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN825286639PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CONCIERGE CONSULTING AND ACCOUNTINGBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19903 E BELL ROAD SUITE 110AddressLine1Txt
CitySCOTTSDALECityNm
State AbbreviationAZStateAbbreviationCd
ZIP85260ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN833557457EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ELEVATEMED INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlELEVBusinessNameControlTxt
Phone4802695774PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110645 N TATUM BLVD STE 200-149AddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85028ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR ALYX PORTER UMPHREYPersonNm
Person TitleBOARD CHAIRPersonTitleTxt
Phone4802695774PhoneNum
Signature2026-04-22SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHERESA VALADEPreparerPersonNm
PTINP01359509PTIN
Phone4803722543PhoneNum
Preparation2026-06-19PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerDR ALYX PORTER UMPHREYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line110645 N TATUM BLVD STE 200-149AddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85028ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$898,272GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ELEVATEMED.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2018FormationYr
Legal Domicile StateAZLegalDomicileStateCd
Activity Or MissionPROVIDE SCHOLORSHIP SUPPORT, MENTORSHIP, LEADERSHIP DEVELOPMENT AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR MEDICAL STUDENTS PURSUING CAREERS IN MEDICINEActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$502,757PYContributionsGrantsAmt
CY Contributions Grants$643,696CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$9PYInvestmentIncomeAmt
CY Investment Income$8CYInvestmentIncomeAmt
PY Other Revenue$351,107PYOtherRevenueAmt
CY Other Revenue$254,568CYOtherRevenueAmt
PY Total Revenue$853,873PYTotalRevenueAmt
CY Total Revenue$898,272CYTotalRevenueAmt
PY Grants And Similar Paid$235,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$257,780CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$103,384PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$123,608CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$5,000PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$4,500CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,500CYTotalFundraisingExpenseAmt
PY Other Expenses$371,963PYOtherExpensesAmt
CY Other Expenses$400,664CYOtherExpensesAmt
PY Total Expenses$715,347PYTotalExpensesAmt
CY Total Expenses$786,552CYTotalExpensesAmt
PY Revenues Less Expenses$138,526PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$111,720CYRevenuesLessExpensesAmt
Total Assets BOY$486,187TotalAssetsBOYAmt
Total Assets EOY$614,488TotalAssetsEOYAmt
Total Liabilities EOY$16,356TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$486,187NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$598,132NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPROVIDE SCHOLORSHIP SUPPORT, MENTORSHIP, LEADERSHIP DEVELOPMENT AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR MEDICAL STUDENTS PURSUING CAREERS IN MEDICINEMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$351,497ExpenseAmt
DescELEVATEMED IS A 501(C)(3) NONPROFIT ORGANIZATION COMMITTED TO SUPPORTING THE NEXT GENERATION OF PHYSICIAN LEADERS THROUGH SCHOLARSHIP SUPPORT, MENTORSHIP, LEADERSHIP DEVELOPMENT, FINANCIAL WELLNESS EDUCATION, AND COMMUNITY ENGAGEMENT. ELEVATEMED HELPS REMOVE FINANCIAL AND PROFESSIONAL BARRIERS IN MEDICAL EDUCATION WHILE STRENGTHENING THE PHYSICIAN WORKFORCE THROUGH EDUCATION, MENTORSHIP, AND PROFESSIONAL DEVELOPMENT. THE ELEVATEMED SCHOLARS PROGRAM IS BUILT AROUND FIVE CORE AREAS: SCHOLARSHIP SUPPORT, MENTORSHIP, LEADERSHIP DEVELOPMENT, FINANCIAL WELLNESS EDUCATION, AND PEER NETWORKING.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$257,780ExpenseAmt
Grant$257,780GrantAmt
DescSCHOLARSHIPS AND MENTORSHIP ANNUALLY, ELEVATEMED PROVIDES TUITION-BASED SCHOLARSHIPS AND PROFESSIONAL SUPPORT DESIGNED TO HELP REDUCE THE FINANCIAL BURDEN ASSOCIATED WITH MEDICAL EDUCATION. SCHOLARS ARE SELECTED THROUGH A NATIONAL APPLICATION AND COMMITTEE REVIEW PROCESS DESIGNED TO EVALUATE ACADEMIC ACHIEVEMENT, LEADERSHIP, COMMITMENT TO SERVICE, AND ALIGNMENT WITH THE ORGANIZATION'S MISSION. THE 2025 SCHOLARS COHORT INCLUDED MEDICAL STUDENTS WHO EACH RECEIVED 10,000 SCHOLARSHIP AWARDS DISTRIBUTED DIRECTLY TO SCHOLARS FOLLOWING COMPLETION OF REQUIRED DOCUMENTATION AND SCHOLARSHIP AGREEMENTS OUTLINING APPROVED EDUCATIONAL EXPENSES. THROUGH PARTNERSHIPS INCLUDING THE LARRY FITZGERALD FOUNDATION AND THE DIANE PORTER MEMORIAL SCHOLARSHIP, ELEVATEMED WAS ALSO ABLE TO PROVIDE ADDITIONAL SCHOLARSHIP SUPPORT TO SELECT SCHOLARS. IN ADDITION, RESIDENCY RELOCATION SCHOLARSHIPS WERE AWARDED TO GRADUATING SCHOLARS ENTERING RESIDENCY PROGRAMS TO ASSIST WITH TRANSITION-RELATED EXPENSES. SINCE INCEPTION, ELEVATEMED HAS AWARDED MORE THAN 1.5 MILLION IN TUITION-BASED SCHOLARSHIPS AND SUPPORT TO MORE THAN 90 MEDICAL STUDENTS ACROSS THE UNITED STATES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
DescOTHER PROGRAM SERVICES ELEVATEMED PROVIDES ADDITIONAL PROGRAMMING AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES DESIGNED TO SUPPORT MEDICAL STUDENTS THROUGHOUT THEIR EDUCATIONAL JOURNEY AND TRANSITION INTO RESIDENCY. PROGRAMMING INCLUDES LEADERSHIP DEVELOPMENT, FINANCIAL WELLNESS EDUCATION, MENTORSHIP ENGAGEMENT, PEER NETWORKING OPPORTUNITIES, AND COMMUNITY ENGAGEMENT INITIATIVES THAT HELP SCHOLARS STRENGTHEN PROFESSIONAL SKILLS AND BUILD MEANINGFUL CONNECTIONS WITHIN THE PHYSICIAN WORKFORCE. THROUGH ELEVATE DREAMS, SCHOLARS ALSO PARTICIPATE IN K-12 EDUCATIONAL OUTREACH AND COMMUNITY ENGAGEMENT INITIATIVES DESIGNED TO INSPIRE FUTURE GENERATIONS PURSUING CAREERS IN HEALTHCARE AND MEDICINE. ELEVATEMED ADDITIONALLY PROVIDED RESIDENCY RELOCATION SUPPORT TO GRADUATING SCHOLARS ENTERING RESIDENCY PROGRAMS TO ASSIST WITH TRANSITION-RELATED EXPENSES AND CONTINUED PROFESSIONAL DEVELOPMENT.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$609,277TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document34IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee1EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDR ALYX PORTER UMPHREYPersonNm
Phone4802695774PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line112622 N 56TH PLACEAddressLine1Txt
CitySCOTTSDALECityNm
State AbbreviationAZStateAbbreviationCd
ZIP85254ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DR ALYX PORTER UMPHREY
BOARD CHAIR8.00Yes (X)Yes (X)$0$0$0
DR MARISSA VASQUEZ
BOARD VICE CYes (X)Yes (X)$0$0$0
DR TIFFANY HARDAWAY
SECRETARYYes (X)Yes (X)$0$0$0
JACQUELINE BRYANT
TREASURERYes (X)Yes (X)$0$0$0
MAIA S MCCUISTON MD
DIRECTORYes (X)$0$0$0
DR GREG UMPHREY
DIRECTORYes (X)$0$0$0
DR ANDREW SANDERSON II
DIRECTORYes (X)$0$0$0
DR BERT VARGAS
DIRECTORYes (X)$0$0$0
GYASI CHISLEY PMP FACHE
DIRECTORYes (X)$0$0$0
DR JESHENNA WATKINS
DIRECTORYes (X)$0$0$0
DR RICARDO CORREA
DIRECTORYes (X)$0$0$0
DR SHANNON SMITH HAMILTON
DIRECTORYes (X)$0$0$0
JEFFREY ARMSTRONG
EXECUTIVE DI50.00Yes (X)$96,923$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$96,923TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$643,696FundraisingAmt
Total Contributions$643,696TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$8TotalRevenueColumnAmt
Related Or Exempt Func Income$8RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$254,568FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$643,696ContriRptFundraisingEventAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$254,568TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$898,272TotalRevenueColumnAmt
Related Or Exempt Func Income$8RelatedOrExemptFuncIncomeAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$257,780TotalAmt
Program Services$257,780ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$102,729TotalAmt
Program Services$5,136ProgramServicesAmt
Management And General$97,593ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$20,879TotalAmt
Program Services$1,044ProgramServicesAmt
Management And General$19,835ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$37,500TotalAmt
Management And General$37,500ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$321TotalAmt
Management And General$321ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$12,194TotalAmt
Management And General$12,194ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$4,500TotalAmt
Fundraising$4,500FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$70,620TotalAmt
Program Services$65,789ProgramServicesAmt
Management And General$4,831ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$872TotalAmt
Program Services$785ProgramServicesAmt
Management And General$87ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$15,492TotalAmt
Program Services$15,078ProgramServicesAmt
Management And General$414ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$34,215TotalAmt
Program Services$34,215ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$36,042TotalAmt
Program Services$36,042ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$192,268TotalAmt
Program Services$192,268ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,140TotalAmt
Program Services$1,140ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$786,552TotalAmt
Program Services$609,277ProgramServicesAmt
Management And General$172,775ManagementAndGeneralAmt
Fundraising$4,500FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$340,023BOYAmt
EOY$455,073EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$76,860BOYAmt
EOY$76,868EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$66,763BOYAmt
EOY$79,781EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,541BOYAmt
EOY$2,766EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$486,187BOYAmt
EOY$614,488EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$16,356EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$16,356EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$486,187BOYAmt
EOY$598,132EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$486,187BOYAmt
EOY$598,132EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$486,187BOYAmt
EOY$614,488EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$111,720ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$225NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$471,909CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$567,787CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$459,419CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$502,757CurrentTaxYearMinus1YearAmt
Current Tax Year$643,696CurrentTaxYearAmt
Total$2,645,568TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$471,909CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$567,787CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$459,419CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$502,757CurrentTaxYearMinus1YearAmt
Current Tax Year$643,696CurrentTaxYearAmt
Total$2,645,568TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$2,645,568PublicSupportTotal170Amt
Total Support$2,645,568TotalSupportAmt
Gross Receipts Rltd Activities$834,828GrossReceiptsRltdActivitiesAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1EXPLOSION OF AEvent1Nm
Gross Receipts Event1$295,098GrossReceiptsEvent1Amt
Charitable Contri Event1$123,854CharitableContriEvent1Amt
Gross Revenue Event1$171,244GrossRevenueEvent1Amt
Event2SCHOLORS PROGRAEvent2Nm
Gross Receipts Event2$221,402GrossReceiptsEvent2Amt
Charitable Contri Event2$221,009CharitableContriEvent2Amt
Gross Revenue Event2$393GrossRevenueEvent2Amt
Other Events Total4OtherEventsTotalCnt
Gross Receipts Other Events$372,965GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$291,565CharitableContriOtherEventsAmt
Gross Revenue Other Events$81,400GrossRevenueOtherEventsAmt
Gross Receipts Total$889,465GrossReceiptsTotalAmt
Charitable Contributions Tot$636,428CharitableContributionsTotAmt
Gross Revenue Total Events$253,037GrossRevenueTotalEventsAmt
Net Income Summary$253,037NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS FOR MED SCHGrantTypeTxt
Recipient38RecipientCnt
Cash Grant$257,780CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationPART 1 LINE 2 THE ORGANIZATION ONLY PROVIDES ASSISTANCE TO MEDICAL STUDENTS ENROLLED IN AN ACCREDITED US MEDICAL SCHOOL SCHOLARSHIPS ARE REMITTED DIRECTLY TO THE STUDENT'S INSTITUTION.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 1, PART I, LINE 6INCLUDES BOARD AND BOARD PARTICIPATION, MENTORS,EVENT VOLUNTEERS AND COMMUNITY ENGAGEMENT SUPPORT CONNECTED TO THE ORGANIZATIONAL ACTIVITIES AND PROGRAMMING.
FORM 990, PAGE 2, PART III, LINE 4BSCHOLARSHIPS AND MENTORSHIP ANNUALLY, ELEVATEMED PROVIDES TUITION-BASED SCHOLARSHIPS AND PROFESSIONAL SUPPORT DESIGNED TO HELP REDUCE THE FINANCIAL BURDEN ASSOCIATED WITH MEDICAL EDUCATION. SCHOLARS ARE SELECTED THROUGH A NATIONAL APPLICATION AND COMMITTEE REVIEW PROCESS DESIGNED TO EVALUATE ACADEMIC ACHIEVEMENT, LEADERSHIP, COMMITMENT TO SERVICE, AND ALIGNMENT WITH THE ORGANIZATION'S MISSION. THE 2025 SCHOLARS COHORT INCLUDED MEDICAL STUDENTS WHO EACH RECEIVED 10,000 SCHOLARSHIP AWARDS DISTRIBUTED DIRECTLY TO SCHOLARS FOLLOWING COMPLETION OF REQUIRED DOCUMENTATION AND SCHOLARSHIP AGREEMENTS OUTLINING APPROVED EDUCATIONAL EXPENSES. THROUGH PARTNERSHIPS INCLUDING THE LARRY FITZGERALD FOUNDATION AND THE DIANE PORTER MEMORIAL SCHOLARSHIP, ELEVATEMED WAS ALSO ABLE TO PROVIDE ADDITIONAL SCHOLARSHIP SUPPORT TO SELECT SCHOLARS. IN ADDITION, RESIDENCY RELOCATION SCHOLARSHIPS WERE AWARDED TO GRADUATING SCHOLARS ENTERING RESIDENCY PROGRAMS TO ASSIST WITH TRANSITION-RELATED EXPENSES. SINCE INCEPTION, ELEVATEMED HAS AWARDED MORE THAN 1.5 MILLION IN TUITION-BASED SCHOLARSHIPS AND SUPPORT TO MORE THAN 90 MEDICAL STUDENTS ACROSS THE UNITED STATES.
FORM 990, PAGE 2, PART III, LINE 4DOTHER PROGRAM SERVICES ELEVATEMED PROVIDES ADDITIONAL PROGRAMMING AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES DESIGNED TO SUPPORT MEDICAL STUDENTS THROUGHOUT THEIR EDUCATIONAL JOURNEY AND TRANSITION INTO RESIDENCY. PROGRAMMING INCLUDES LEADERSHIP DEVELOPMENT, FINANCIAL WELLNESS EDUCATION, MENTORSHIP ENGAGEMENT, PEER NETWORKING OPPORTUNITIES, AND COMMUNITY ENGAGEMENT INITIATIVES THAT HELP SCHOLARS STRENGTHEN PROFESSIONAL SKILLS AND BUILD MEANINGFUL CONNECTIONS WITHIN THE PHYSICIAN WORKFORCE. THROUGH ELEVATE DREAMS, SCHOLARS ALSO PARTICIPATE IN K-12 EDUCATIONAL OUTREACH AND COMMUNITY ENGAGEMENT INITIATIVES DESIGNED TO INSPIRE FUTURE GENERATIONS PURSUING CAREERS IN HEALTHCARE AND MEDICINE. ELEVATEMED ADDITIONALLY PROVIDED RESIDENCY RELOCATION SUPPORT TO GRADUATING SCHOLARS ENTERING RESIDENCY PROGRAMS TO ASSIST WITH TRANSITION-RELATED EXPENSES AND CONTINUED PROFESSIONAL DEVELOPMENT.
FORM 990, PAGE 6, PART VI, LINE 11BTHE TREASURER OF THE ORGANIZATION DISTRIBUTES A PDF COPY OF THE 990 TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO THE RETURN BEING FILED.
FORM 990, PAGE 6, PART VI, LINE 12CAT EACH BOARD AND COMMITTEE MEETING, IF THERE IS A DISCUSSION OF SELECTING OR ENGAGING A VENDOR OR SERVICE PROVIDER, ALL IN ATTENDANCE ARE ASKED TO RECUSE THEMSELVES FROM THIS DISCUSSION IF THERE COULD BE A PERCEIVED CONFLICT. ANNUALLY, THE ORGAINZATION REVIEWS AND DISCUSSES THE CONFLICT OF INTEREST POLICY AND REQUESTS THAT EACH BOARD MEMBER LIST AND ACKNOWLEDGE ANY KNOWN CONFLICTS.
FORM 990, PAGE 6, PART VI, LINE 19OTHER PROFESSIONAL FEES INCLUDES AMOUNTS PAID FOR ADMINISTRATIVE SUPPORT, PHOTOGRAPHY AND VIDEOGRAPHY, PUBLIC RELATIONS, AND WESITE AND MARKETING CONSULTANTS.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.