Elemental Excelerator Inc
1099 Alakea St Ste 1250, Honolulu, HI · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $34,110,366 | $27,161,787 | $53,191,315 |
| FY2023 | $35,742,100 | $19,978,849 | $46,129,135 |
| FY2022 | $26,054,295 | $18,932,620 | $30,284,034 |
| FY2021 | $17,097,328 | $15,854,563 | $24,717,444 |
| FY2020 | $15,915,259 | $11,602,727 | $23,584,473 |
| FY2019 | $16,263,075 | $8,290,417 | $19,271,941 |
| FY2018 | $14,241,700 | $5,102,607 | $11,299,283 |
| FY2017 | $3,333,750 | $1,173,560 | $2,160,190 |
Form 990 filings
The returns filed by Elemental Excelerator Inc (EIN 82-1112859), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $31,610,627 | 93% |
| Program service revenue | $239,910 | 1% |
| Other revenue | $2,259,829 | 7% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $21,204,167 | 78% |
| Management & general | $4,942,944 | 18% |
| Fundraising | $1,014,676 | 4% |
What the numbers show
- Contributions & grants made up 93% of total revenue in FY2024.
- Program services accounted for 78% of functional expenses, management & general 18%, and fundraising 4%.
- 78% of functional expenses went to program services in FY2024. That is higher than 30.5% of 334 Environment organizations nationwide (too few in HI for a state comparison).
- Net assets covered about 23.5 months of expenses at the end of the reporting year. That puts it in the 66th percentile among 132 Environment organizations in HI.
- Total revenue was the highest among 135 Environment organizations in HI.
- Total revenue rose from $3,333,750 in FY2017 to $34,110,366 in FY2024. Revenue increased in 5 and decreased in 2 of 7 year-over-year comparisons.
- Revenue covered expenses in each of the 8 reported years, FY2017 to FY2024.
- The highest revenue on record here is $35,742,100 in FY2023.
- Net assets grew from $2,160,190 to $53,191,315 between FY2017 and FY2024.
- Contributions and grants made up 99% of revenue in FY2017 and 93% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
ELEMENTAL EXCELERATOR (ORGANIZATION) IS A NONPROFIT ORGANIZATION WHOSE MISSION IS TO SCALE TECHNOLOGIES WITH DEEP ENVIRONMENTAL AND LOCAL IMPACT.
IRS status
| Ruling year | 2017 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | C30 — Environment |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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