Overview

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Est.

2019

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

EVOLVE502 INC is a nonprofit focused on providing students with the caring, belief, access, and supports they need to achieve and succeed, while working to remove systemic barriers tied to poverty and institutional racism. In filing year 2024, it reported a $4.4M operating budget and $6.7M in total revenue, with major support from THE COMMUNITY FOUNDATION OF LOUISVILLE INC, JAMES GRAHAM BROWN FOUNDATION INC, and THE COMMUNITY FOUNDATION OF LOUISVILLE DEPOSITORY INC.

Mission Statement

WE WILL PROVIDE THE CARING, BELIEF, ACCESS, AND SUPPORTS EACH STUDENT NEEDS TO ACHIEVE AND SUCCEED AND WILL WORK TO REMOVE AND MITIGATE THE SYSTEMIC BARRIERS OF POVERTY AND INSTITUTIONAL RACISM.
Revenues
$6.7M
Expenses
$6M
Net Income:
+$723.6K
Assets
$22.7M
Liabilities
$1.1M
Net Assets:
+$21.6M
Operating Budget
$4.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
14
Median grant size
$50K
Largest grant received
$265K
M
Marland Cole
Board Member
D
Diane Porter
Board Member
K
Karina Barillas
Board Member
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  • 30 funders
  • 55 board & team members
  • 6 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is EVOLVE502 INC’s budget?
In 2024, EVOLVE502 INC reported an annual operating budget of around $4.4 million. More detailed financial information is available to registered users.
Where does EVOLVE502 INC operate?
EVOLVE502 INC is headquartered in Louisville, KY.
Who funded EVOLVE502 INC recently?
In 2025, EVOLVE502 INC received grants from JEFFERSON COUNTY PUBLIC EDUCATION FOUNDATION INC, METRO UNITED WAY INC, and THE COMMUNITY FOUNDATION OF LOUISVILLE DEPOSITORY INC. More information on this organization’s funders is available to registered users.
What is the largest grant EVOLVE502 INC received in 2024?
The largest grant to EVOLVE502 INC in 2024 exceeds $265 thousand.