Logo for "ELEVATED THOUGHT INC"

ELEVATED THOUGHT INC

ELEVATED THOUGHT INC

Methuen, MA, US
501(c)(3)
EIN
27-3519031
BIPOC Led
Logo for "ELEVATED THOUGHT INC"

ELEVATED THOUGHT INC

Methuen, MA, US
501(c)(3)
EIN
27-3519031
BIPOC Led

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$2,256,495

Contributions
93%
Program Services
7%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024

$2,566,226

Salaries & Benefits
62%
Other
12%
Fees to Service Providers
9%
Offices, Occupancy & IT
8%
Interest
7%
Depreciation
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$3,666
$2,100,551
+57198%
Government Grants
$1,248,005
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$126,536
$155,944
+23%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$1,378,207
$2,256,495
+64%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,432,398
$1,586,757
+11%
Fees to Service Providers
$125,694
$240,980
+92%
Advertising & Promotion
$10,636
$18,196
+71%
Offices, Occupancy & IT
$245,821
$196,555
-20%
Interest
$145,417
$172,438
+19%
Depreciation
$35,538
$49,996
+41%
Other
$317,581
$301,304
-5%
Total Expenses
$2,313,085
$2,566,226
+11%
Net income
2023
2024
Change
Net income
-$934,878
-$309,731
+67%
Functional Expenses
Summary
2023
2024
Change
Program
$1,494,722
$993,377
-34%
Admin
$815,299
$947,717
+16%
Fundraising
$3,064
$625,132
+20302%
Total Expenses
$2,313,085
$2,566,226
+11%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)