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Helius Foundation

Echo System

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 474482327 ✦ Durham, NC ✦ Designated as a 501(c)(3)

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Overview

What is Helius Foundation?

The Helius Foundation, with its primary operational address at 2208 Collier Drive, Durham, North Carolina, is a nonprofit organization that focuses on empowering necessity-driven entrepreneurs. Their mission involves offering coaching and mentoring services, ensuring these entrepreneurs can secure a living wage. The Foundation has replaced its previous LaunchDURHAM program with EchoSystem 101-301, a comprehensive training initiative. With a small team of three dedicated individuals, Helius Foundation aims to positively impact the entrepreneurial community in Durham and beyond.


Official website here: www.echo-nc.org

Is Helius Foundation legitimate?

Helius Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Helius 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: $138,638
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.echo-nc.org

What is the mission statement of Helius Foundation?

The Helius Foundation is committed to supporting necessity-driven entrepreneurs through coaching and mentoring, enabling them to secure a fair living wage. This is achieved through their training program, EchoSystem 101-301, which replaced the previous LaunchDURHAM program. The foundation's mission aims to empower these entrepreneurs, providing them with the necessary skills to sustain their livelihoods.


Official website here: www.echo-nc.org

Who is the CEO of Helius Foundation?

Unavailable


Official website here: www.echo-nc.org

What is the revenue of Helius Foundation?

Helius Foundation's revenue in 2022 was $241,516.


Official website here: www.echo-nc.org

Who are the executives of Helius Foundation and what are their salaries?

The average compensation at Helius Foundation during 2022 was $46,213. There are 3 employees and 7 volunteers at Helius Foundation.


Here are 12 key members and their salaries:


Zoey Best (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angella Fraser (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reed Frankel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Quinci King (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenyetta Hall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Long Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Carrier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morgen Mcvane (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Sava (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Little (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Phillips (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Mclelland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.echo-nc.org

Where can I find the form 990 for Helius Foundation?

Helius Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.echo-nc.org

Learn more at the official website: www.echo-nc.org

Mission Statement of Helius Foundation

The Helius Foundation, as outlined, is committed to empowering necessity-driven entrepreneurs. Their mission is to offer coaching and mentoring services, enabling these entrepreneurs to earn a living wage that is deemed fair. This is achieved through their training program, EchoSystem 101-301, which replaced their previous LaunchDURHAM program. The foundation's objective is to equip these entrepreneurs with the necessary skills and support, thereby enabling them to sustain their businesses and improve their livelihoods.

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Impact




October, 2024

Helius Foundation significantly impacts the economic landscape in Durham, NC, by empowering necessity-driven entrepreneurs through comprehensive training and mentoring. The EchoSystem 101-301 program equips participants with the essential skills needed to build sustainable businesses, enabling them to earn and pay a fair living wage. This approach fosters economic self-sufficiency, enhances community resilience, and promotes job creation. By focusing on individuals who are motivated by necessity rather than opportunity, Helius Foundation supports those who may lack access to traditional resources, helping them to develop the confidence and expertise to thrive in their ventures. Ultimately, the foundation plays a crucial role in transforming lives and strengthening the local economy.




This information is meant to be a general summary of Helius 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.

Revenue
$241,516 (2022)
Expenses
$214,418 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $388
  • Gross Receipts: $241,516

Assets and Liabilities:

  • Total Assets: $48,894
  • Total Liabilities: $0
  • Net Assets: $48,894

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Professional and Management Development Training

Revenue

$388

Organization Details

Founding Year

2015

Main Address

2208 COLLIER DR, DURHAM, NC, 277076401

NTEE Category

Code: J21 - Employment

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