It has already been done. One of the oldest Schools of Indian Philosophy called Samkhya (which is atheistic) has a very beautiful model of the Universe/Elements

It has already been done. One of the oldest Schools of Indian Philosophy called Samkhya (which is atheistic) has a very beautiful model of the Universe/Elements/Evolution of the World which has influenced all other Schools (including Buddhism) and is worth studying. You might find the book Modern Samkhya: Ancient Spirituality for the Contemporary Atheist a good starting point.