From public IRS filings
EVOLVE502 INC
LOUISVILLE, KY
Mission
EVOLVE502 IS FOCUSED ON GROWING THE EDUCATIONAL ATTAINMENT OF LOUISVILLE BY PROVIDING A PROMISE SCHOLARSHIP AND SUPPORTS, ENSURING STUDENTS HAVE THE TOOLS AND RESOURCES THEY NEED TO BE SUCCESSFUL FROM CRADLE TO CAREER.
Financials (IRS Form 990)
Total revenue
$6.7M
Total expenses
$6M
Total assets
$22.7M
Program expense ratio
8220%
Source: IRS Form 990, tax year 2024.
Who funds EVOLVE502 INC
$4.5M in foundation grants on record from 16 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Community Foundation of Louisville | $1.9M | 4 |
| Community Foundation of Louisville Depository | $1.3M | 4 |
| Donor Advised Charitable Giving | $705K | 2 |
| Jefferson County Public Education Foundation | $400K | 1 |
| Community Foundation of Louisville Corporate Depository | $304K | 3 |
| Legacy Foundation of Kentuckiana | $150K | 3 |
| Metro United Way | $79K | 2 |
| Jefferson County Teachers Association | $60K | 1 |
| Ayco Charitable Foundation | $50K | 2 |
| American Online Giving Foundation | $10K | 1 |
Leadership
MARLAND COLE — EXECUTIVE DIRECTOR (Principal officer)
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