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ELEVATEMED INC

SCOTTSDALE, AZ · EIN 833557457 · Form 990 · FY2022 · NTEE B12 · Education · Small ($100K-$1M) · www.elevatemed.org
revenue
$513K
expenses
$397K
net assets
$638K
employees
0
volunteers
15
program ratio
78%
mission · from form 990

PROVIDE FINANCIAL ASSISTANCE AND MENTORING TO MEDICAL STUDENTS FROM RACIAL AND ETHNIC BACKGROUNDS TRADITIONALLY UNDERREPRESENTED IN MEDICINE.

profile · synthesized from sources

ELEVATEMED INC is an operational nonprofit that provides scholarships and leadership development to underrepresented medical students. The organization aims to increase diversity in the physician workforce and reduce health disparities across the United States.

named programs · 1 · from sources

what they call their work

ElevateMeD Scholars Program
A multifaceted program designed to develop the next generation of physician leaders by providing scholarships and support to underrepresented medical students.
activities · 4 groups

what they do

  • Medical Student Research & Leadership Fellowships 6 activities
    • ElevateMeD Scholars Program
      Provides financial support, mentorship, leadership training, and financial management education to medical students through the ElevateMeD Scholars Program, supporting scholars at 22 partner medical schools across 18 states and the District of Columbia.
    • ElevateMeD Scholars Program
      Operates the ElevateMeD Scholars Program, which provides financial support, mentorship, leadership training, and financial management education to medical students. The program supports scholars attending 22 partner medical schools across 18 states and the District of Columbia.
    • ElevateMeD Scholars Program
      Operates the ElevateMeD Scholars Program, which provides financial support, mentorship, leadership training, and financial management education to medical students. The program supports scholars attending 22 partner medical schools across 18 states and the District of Columbia, and also connects high school students with scholars for events.
    • ElevateMeD Scholars Program
      Provides financial support, mentorship, leadership training, and financial management education to medical students through a structured scholarship program. Supports scholars enrolled at 22 partner medical schools across 18 states and the District of Columbia.
    • ElevateMeD Scholars Program
      Operates the ElevateMeD Scholars Program, which provides financial support, mentorship, leadership training, and financial management education to medical students. The program supports scholars attending 22 partner medical schools across 18 states and the District of Columbia.
    • ElevateMeD Scholars Program for medical students
      Provides financial support, mentorship, leadership training, and financial management education to medical students through the ElevateMeD Scholars Program, supporting scholars enrolled at 22 partner medical schools across 18 states and the District of Columbia.
  • Youth Career Exposure in Medicine & Science 5 activities
    • High School Student Engagement
      Connects high school students with scholars for events such as lunch and suturing to encourage interest in medical careers.
    • High School Student Engagement
      Connects high school students with scholars for events such as lunch and suturing to encourage interest in medical careers.
    • High school outreach and engagement
      Expands its scholar development mission by connecting high school students with medical scholars through events such as lunches and hands-on activities like suturing to inspire early interest in medical careers.
    • High school outreach and pipeline development
      Expands its leadership development mission by connecting medical scholars with high school students through engagement events such as lunches and hands-on activities like suturing to inspire early interest in medical careers.
    • Youth outreach and engagement
      Connects high school students with medical scholars through events such as lunches and hands-on activities like suturing to inspire interest in medical careers.
  • School-Based Community Fundraising Programs 3 activities
    • Fundraising events for the Scholars Program
      Hosts annual fundraising events including the "Explosion of a Dream Weekend" in Arizona and the multi-city "Ignite" initiative (e.g., "Ignite Atlanta") to engage donors, sponsors, and schools in support of the Scholars Program.
    • Fundraising operations
      Conducts multi-city fundraising initiatives including the annual "Explosion of a Dream Weekend" in Arizona and "Ignite" events such as "Ignite Atlanta" to engage donors, sponsors, and partner schools in support of the Scholars program.
    • Fundraising operations
      Conducts multi-city fundraising initiatives including the annual "Explosion of a Dream Weekend" in Arizona and "Ignite" events such as "Ignite Atlanta" to engage donors, sponsors, and schools in support of the Scholars program.
  • Uncategorized 6 activities
    • Alyx B. Porter Umphrey MD Scholarship
      Awards the Alyx B. Porter Umphrey MD scholarship at Spelman College to support young women pursuing medical careers.
    • Alyx B. Porter Umphrey MD Scholarship
      Developed and awarded the Alyx B. Porter Umphrey MD scholarship at Spelman College in 2017 to support young women pursuing medical careers.
    • Alyx B. Porter Umphrey MD Scholarship
      Awards the Alyx B. Porter Umphrey MD scholarship at Spelman College to support young women pursuing medical careers.
    • Alyx B. Porter Umphrey MD Scholarship
      Awards the Alyx B. Porter Umphrey MD scholarship at Spelman College to support young women pursuing medical careers.
    • Alyx B. Porter Umphrey MD Scholarship at Spelman College
      Developed and awarded a scholarship at Spelman College in 2017 to support young women pursuing careers in medicine, serving as an early initiative in the organization’s broader scholar development efforts.
    • Alyx B. Porter Umphrey MD Scholarship at Spelman College
      Developed and awarded the Alyx B. Porter Umphrey MD scholarship at Spelman College in 2017 to support young women pursuing careers in medicine.
financials · form 990 · fy2022
revenue
Total revenue$513K
Contributions & grants$568K111%
Program service revenue$00%
Investment income$600%
Other revenue$-55K
expenses
Total expenses$397K
Program expenses78%
Admin / overhead13%
Fundraising9%
Salaries & benefits$0
Grants paid out$253K
Largest expense lineProfessional Fees
balance sheet
Total assets$638K
Cash$576K
Investments$1K
Liabilities$0
Net assets$638K
Liquid reserves17.4 mo
4 years on record · 2019–2022 · YoY revenue +10.9%
leadership · form 990 part vii · fy2022

who runs it

board members · 11
  • ALYX PORTER UMPHREY MD FAAN — EXEC DIRECTOR BOARD CHAIR
  • ANDREW SANDERSON MD MPH FASGE — DIRECTOR
  • BERT VARGAS MD FAHS FAAN — DIRECTOR
  • GREG UMPHREY MD — DIRECTOR
  • GYASI CHISLEY PMP FACHE — DIRECTOR
  • JESHENNA WATKINS MD — DIRECTOR
  • MARISSA VASQUEZ MD MBA — BOARD VICE CHAIR
  • PATRICK BROOKS CPA — TREASURER
  • RICARDO CORREA MD ESD FACP FACE CMQ — DIRECTOR
  • SHANNON SMITH MD FAAPMR — DIRECTOR
  • TIFFANY HARDAWAY MD MS — SECRETARY
relationships · 6

who they work with

  • Advisory Board Partner — Informs the Board of Directors on matters concerning organizational growth, programs, and fundraising efforts.
  • Board of Directors Partner — Advocates for ElevateMeD’s work, expands philanthropic opportunities, and enhances the local and national visibility of the organization.
  • Howard University College of Medicine Partner — Alma mater of Dr. Gregory Umphrey.
  • Not specified Network — Member of a network or coalition supporting medical education or physician leadership (implied by participation in broader mission, though specific organization not named)
  • Spelman College Partner — Alma mater of Dr. Alyx Porter Umphrey where she developed a scholarship.
  • corporate partnerships Partner — Supports the ElevateMeD Scholars Program through contributions and commitment to the organization's mission.