Elevate Quantum
Elevate Quantum's exempt purpose is to unite Colorado, New Mexico, and Wyoming to establish the mountain west as a global leader in quantum development. Their mission focuses on enhancing U.S. economic and national security by fostering regional collaboration and strengthening engagement among stakeholders.
Key facts about Elevate Quantum
In short: Elevate Quantum gave $362K across 2 grants in 2025 (avg $181K), mostly in Colorado. Source: 2025 IRS Form 990.
- EIN
- 93-1969790
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $361,967
- Grants made (2025)
- 2
- Average grant
- $180,984
- Median grant
- $180,984
- Total assets
- $6,492,958
- Primary geography
- Colorado (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$6.5M
+5071.2% YoY
Annual Giving
$362K
Grant Count
2
Avg Grant Size
$181K
About Elevate Quantum
Based on IRS filings
Elevate Quantum is a public charity, based in Denver, CO. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $6.5M in total assets. In 2025, it awarded 2 grants totaling $362K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 2 grants totaling $362K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Qpic Inc ($285K). Together the top 2 received $362K.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $50–100K range: 1 grant of 2 (50%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Qpic Inc Boulder, CO | Development of Nanofab | $284,750 |
| Octave Photonics Lafayette, CO | Octave Subaward Eq Project | $77,217 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 |
|---|---|---|
| Total Assets | $6,492,958 | $125,560 |
| Revenue | $7,142,294 | $510,520 |
| Expenses | $2,541,563 | $490,320 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)
- Added Form 990 for fiscal year 2024 (received by the IRS August 15, 2025)
Leadership & Key People
Officers and directors from IRS filings
Elevate Quantum is led by Zachary Yerushalmi, Chief Executive Officer on the 2025 filing; 2 of 16 officers listed in 2025 are compensated.
Officers on the 2025 filing
Zachary Yerushalmi
Chief Executive Officer
New on the 2025 filing
40 hrs/week
$225K (2025)
Corban Tillemann-Dick
Chair of the Board
Chair & Director → Chair of the Board, 2025
On filings since 2024
3 hrs/week
No compensation reported
Alex Greenberg
Director
Executive Officio Director → Director, 2025
On filings since 2024
3 hrs/week
No compensation reported
Anthony Neal-Graves
Director
On filings since 2024
3 hrs/week
No compensation reported
Brooks Johnson
Director
On filings since 2024
3 hrs/week
No compensation reported
Colleen Simpson
Director
On filings since 2024
3 hrs/week
No compensation reported
Dan Caruso
Director
On filings since 2024
3 hrs/week
No compensation reported
Eve Lieberman
Director
Executive Officio Director → Director, 2025
On filings since 2024
3 hrs/week
No compensation reported
Jesus Salazar
Director
On filings since 2024
3 hrs/week
No compensation reported
Marlou Slot
Director
On filings since 2024
3 hrs/week
No compensation reported
Massimo Ruzzene
Director
On filings since 2024
3 hrs/week
No compensation reported
Matthias Troyer
Director
On filings since 2024
3 hrs/week
No compensation reported
Wendy Lea
Director
On filings since 2024
3 hrs/week
No compensation reported
Reno Sanchez
Director
New on the 2025 filing
3 hrs/week
No compensation reported
Stephanie Tompkins
Director
New on the 2025 filing
3 hrs/week
No compensation reported
Jessi Olsen
Chief Financial Officer
New on the 2025 filing
40 hrs/week
$45K (2025)
Data from IRS Form 990 filings, 2024–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $225K, to Zachary Yerushalmi (Chief Executive Officer). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Elevate Quantum
How much does Elevate Quantum give each year?
Elevate Quantum gave $362K across 2 grants in 2025, according to its 2025 IRS Form 990.
How large is Elevate Quantum?
Elevate Quantum reported $6.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $7.1M.
Where does Elevate Quantum operate?
Elevate Quantum has awarded grants in Colorado.
What is Elevate Quantum's EIN?
Elevate Quantum's EIN (Employer Identification Number) is 93-1969790. IRS Form 990 filing data is available on this page for 2024–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Elevate Quantum by hand.
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