Overview
What is Ellipsis Foundation?
The Ellipsis Foundation is a charitable organization committed to supporting and aiding Ellipsis, Inc., another non-profit entity. Its primary function is to accept public contributions and utilize the funds to further Ellipsis, Inc.'s mission. The Foundation operates exclusively for charitable and educational purposes, with the ultimate goal of benefiting youth homes in mid-America, an organization dedicated to similar objectives. In essence, the Ellipsis Foundation serves as a vital partner, assisting Ellipsis, Inc. in fulfilling its mission.
Official website here: www.ellipsisiowa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
The Ellipsis Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The rating is based entirely on their performance in these areas, indicating a rigorous adherence to best practices in nonprofit management.
Key strengths of the foundation include a fully independent board of directors, which enhances governance and decision-making integrity. The organization has also demonstrated thorough financial oversight, with no reported diversions of assets and a solid program expense ratio of over 90%, signifying that the majority of its funds are directed toward its mission-driven programs.
While the data highlights several organizational strengths, it is essential for potential donors and supporters to continually monitor the foundation's ongoing performance and impact. Overall, the Ellipsis Foundation stands out as a trustworthy nonprofit with a solid framework for accountability and a focus on its core mission.
This AI summary has been generated from information found on Charity Navigator.
Is Ellipsis Foundation legitimate?
Ellipsis Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ellipsis Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ellipsisiowa.org
What is the mission statement of Ellipsis Foundation?
The Ellipsis Foundation's mission is centered around managing and utilizing public contributions to aid and support two primary beneficiaries: the youth homes of mid-America and Ellipsis, Inc. The foundation operates with a charitable and educational purpose, aiming to assist these organizations in fulfilling their respective missions. The funds raised by the Ellipsis Foundation are intended to benefit these non-profit entities, thereby contributing to their overall goals and objectives.
Official website here: www.ellipsisiowa.org
Who is the CEO of Ellipsis Foundation?
Chris Koepplin is the CEO of Ellipsis Foundation The CEO's salary of Ellipsis Foundation is $0 and their total compensation is $203,752.
Official website here: www.ellipsisiowa.org
What is the revenue of Ellipsis Foundation?
Ellipsis Foundation's revenue in 2024 was $1,007,894.
Official website here: www.ellipsisiowa.org
Who are the executives of Ellipsis Foundation and what are their salaries?
Here are 21 key members and their salaries (Ellipsis Foundation's CEO's salary is $0 and their total compensation is $203,752):
- Compensation: $0
- Related: $185,170
- Other: $18,582
- Compensation: $0
- Related: $140,172
- Other: $11,575
- Compensation: $0
- Related: $127,216
- Other: $10,679
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- Other: $0
Official website here: www.ellipsisiowa.org
Where can I find the form 990 for Ellipsis Foundation?
Ellipsis Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ellipsisiowa.org
Learn more at the official website: www.ellipsisiowa.org
Mission Statement of Ellipsis Foundation
The Ellipsis Foundation's mission is centered around supporting and aiding Ellipsis, Inc., a non-profit organization. The primary purpose of the Foundation is to manage and utilize funds and income received from the public to assist and contribute to the objectives of Ellipsis, Inc. This non-profit organization's mission is not specified in the provided information, but the Ellipsis Foundation is committed to supporting its charitable and educational endeavors. The Foundation operates exclusively for the betterment of Ellipsis, Inc., with the ultimate goal of helping it effectively carry out its mission.
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Impact
July, 2024
Ellipsis Foundation's impact is focused on assisting and benefiting Ellipsis, Inc. in carrying out its mission. By managing and accepting contributions from the public, the Foundation provides crucial support to Ellipsis, a non-profit organization dedicated to charitable and educational purposes. Through its work, Ellipsis Foundation plays a key role in supporting youth homes in the Mid-America region, contributing to the well-being and development of young people in need.
This information is meant to be a general summary of Ellipsis Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $85,840
- Gross Receipts: $2,021,933
Assets and Liabilities:
- Total Assets: $7,376,195
- Total Liabilities: $306,051
- Net Assets: $7,070,144
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Organization Details
Founding Year
1988
Principal Officer
Chris Koepplin
Website
www.ellipsisiowa.orgNTEE Category
Code: T00 - Philanthropy
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