ELEV8 FOUNDATION INC: Form 990EZ, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
ELEV8 FOUNDATION INC (EIN 82-4678646)
Tax period
2022-01-01 to 2022-12-31
Filed
2024-08-05
IRS object ID
202432189349200828
Schema version
2022v5.0
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)
Return2024-08-05T16:40:47-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN475353583PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ARCH TAX SERVICE LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13300 BUCKEYE RD STE 527AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30341ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN824678646EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ELEV8 FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlELEVBusinessNameControlTxt
Phone6786567541PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13453 CHASTAIN GLEN LN NEAddressLine1Txt
CityMARIETTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30066ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHADDY J COULIBALYPersonNm
Person TitlePRESIDENT-CEOPersonTitleTxt
Phone6786567541PhoneNum
Signature2024-08-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALIEU BAHPreparerPersonNm
PTINP01885837PTIN
Phone6788091496PhoneNum
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Website Addresshttps://www.elev8lives.orgWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$140,367GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$140,367ContributionsGiftsGrantsEtcAmt
Total Revenue$140,367TotalRevenueAmt
Grants And Similar Amounts Paid$2,225GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$30FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$5,000OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$1,981PrintingPublicationsPostageAmt
Other Expenses Total$3,609OtherExpensesTotalAmt
Total Expenses$12,845TotalExpensesAmt
Excess Or Deficit For Year$127,522ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances EOY$127,522NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
EOY$127,927EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$127,927EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$127,927EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTO IDENTIFY, DEVELOP, AND MAKE AVAILABLE, EDUCATIONAL, HEALTH, AND FINANCIAL RESOURCES TO CHILDREN AND RELATED BENEFITS TO MOTHERS IN UNDESERVED COMMUNITIES.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
ELEV8 ECONOMIC DEVELOPMENT PROJECT CAPITAL INVESTMENT: FUND TO INVEST IN EMERGING BUSINESSES ON THE CONTINENT THAT WILL LATER GENERATE A RETURN FOR ELEV8 FOR MORE IMPACT INVESTMENTS. 1ST INVESTMENT WAS TO INNOVARX GLOBAL HEALTH AN INNOVATIVE HEALTHCARE SOLUTION COMPANY WORKING TO DEMOCRATIZE ACCESS TO QUALITY HEALTHCARE ACROSS SUB-SAHARAN AFRICA. (10K LIVES IMPACTED SINCE INVESTMENT)$90,000$25,000
WOMEN [:AMP:] CHILDRENS HEALTH CENTER: BUILDING AN ULTRA-MODERN HEALTHCARE FACILITY IN CENTRAL GAMBIA TO PROVIDE HEALTHCARE SERVICES TO WOMEN AND CHILDREN. THIS PROJECT WILL IMPACT UP TO 16 OF THE GAMBIAN POPULATION. WITH THIS HEALTH CENTER WOMEN WILL NOT HAVE TO TRAVEL 4HRS TO GET THE CARE THEY NEED. *ESTIMATED. FIRST PHASE OF BUILDING STARTS NOVEMBER 2024.$22,684$2,130
ELEV8 SCHOLARSHIP: PROVIDING FULL ACADEMIC SCHOLARSHIPS TO UNIVERSITY OF THE GAMBIA STUDENTS. CURRENTLY SUPPORTING 3 STUDENTS. PLAN TO INCREASE 2X ANNUALLY.$22,684$2,225
FieldValueIRS element (for citing)
Total Program Service Expenses$29,355TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (7 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
HADDY J COULIBALY
PRESIDENT-CEO AND BOARD CHAIR20$0$0$0
IDA SANNEH
BOARD VICE CHAIR20$0$0$0
AMADOU M JALLOW
BOARD MEMBER20$0$0$0
ARCHIE JONES
BOARD MEMBER20$0$0$0
FATIM BADJIE
BOARD MEMBER20$0$0$0
PASTOR FRANCIS FORBES
BOARD MEMBER20$0$0$0
AMADOU OJ JALLOW
BOARD MEMBER20$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Form1120 Pol Filed0Form1120PolFiledInd
Made Loans To From Officers0MadeLoansToFromOfficersInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonHADDY J COULIBALYPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13453 CHASTAIN GLEN LN NEAddressLine1Txt
CityMARIETTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30066ZIPCd
FieldValueIRS element (for citing)
Phone6786567541PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign Office CountryGAForeignOfficeCountryCd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Form720 Filed0Form720FiledInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Related Org Sect527 Org0RelatedOrgSect527OrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year$5,367CurrentTaxYearAmt
Total$5,367TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year$5,367CurrentTaxYearAmt
Total$5,367TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$5,367PublicSupportTotal170Amt
Total Support$5,367TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind
Public Support CY1700PublicSupportCY170Pct
Public Support PY1700PublicSupportPY170Pct

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
CY Adj Net Income Distributable$0CYAdjNetIncomeDistributableAmt
CY Pct85 Adjusted Net Income$0CYPct85AdjustedNetIncomeAmt
CY Total Min Ast Distributable$0CYTotalMinAstDistributableAmt
CY Greater Adjusted Minimum$0CYGreaterAdjustedMinimumAmt
CY Income Tax Imposed PY$0CYIncomeTaxImposedPYAmt
CY Distributable As Adjusted$0CYDistributableAsAdjustedAmt

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 O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 10THE BALANCE OF THE CONTRIBUTIONS WERE EACH USD 5,000 OR LESS.
PART I, LINE 161) OTHER EXPENSES KUDANG HEALTH CENTER PROJECT AMOUNT 1500 2) OTHER EXPENSES BANK CHARGES FEES AMOUNT 145 3) OTHER EXPENSES TRAVEL AMOUNT 1964

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