Overview
What is Helios Education Foundation?
Helios Education Foundation is a nonprofit organization based in Phoenix, Arizona, and Tampa, Florida. With a commitment to community, investment, equity, and partnership, they aim to enrich the lives of individuals in both states by creating opportunities for success in post-secondary education. The foundation believes that education is an investment, not an expense, and that every student, regardless of their background, deserves a high-quality education. Helios focuses on specific populations, mainly low-income and Latino students in Arizona and low-income and Black students in Florida. In the fiscal year 2022, they provided approximately $23 million in grants and $706 thousand in-kind giving to educational organizations in both states. Their impact strategy is geared towards ensuring students read by the third grade, increasing college enrollment, and increasing the attainment of two- and four-year degrees for underrepresented students. Through their continuous efforts in improving early learning, expanding access to higher education, and supporting student transitions, Helios Education Foundation seeks to accelerate the pace of change in education for all.
Official website here: www.helios.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Helios Education Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The foundation's overall score is derived from a perfect 100% in Accountability & Finance, showcasing its commitment to responsible fiscal management and transparency. The rating reflects the foundation's strong governance structure, with 76% of its board members being independent, which is essential for impartial decision-making.
The organization demonstrates excellent financial practices, evidenced by a low liabilities to assets ratio of 4.11% and a substantial program expense ratio of 87.22%. These metrics suggest that a significant portion of its resources is directed towards programmatic efforts, which is critical for nonprofits focused on education. Additionally, the presence of policies regarding conflicts of interest, whistleblowing, and document retention further enhances the foundation's credibility and operational integrity.
While Helios Education Foundation shows robust performance in its financial and operational practices, the summary does not highlight any specific challenges or areas for improvement. Overall, the foundation appears to be well-managed and dedicated to its mission within the education sector.
This AI summary has been generated from information found on Charity Navigator.
Is Helios Education Foundation legitimate?
Helios Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Helios Education 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: $3,112,063
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,676,785
For more financial information, click here
Official website here: www.helios.org
What is the mission statement of Helios Education Foundation?
The Helios Education Foundation is dedicated to creating opportunities for success in post-secondary education for individuals. The organization's mission is rooted in its fundamental beliefs: community, investment, equity, and partnership. Helios believes education is an investment, not an expense, and that every student deserves a high-quality education, regardless of their background. The foundation achieves its mission through partnership and collaboration with universities, colleges, elementary and secondary schools, and other eligible educational organizations. Helios has a deep commitment to diversity, equity, and inclusion, and seeks the same commitment from its external partners. The foundation invests in sustainable programs and initiatives across the full education continuum, with a focus on supporting specific populations, including low-income and minority students. In FY22, Helios provided approximately $23 million in grants and $706 thousand in-kind giving to educational organizations. The foundation's impact strategy aims to ensure students are on track for college attainment by focusing on early learning, increasing college enrollments, and increasing the number of students who persist and complete their degrees.
Official website here: www.helios.org
Who is the CEO of Helios Education Foundation?
Unavailable The CEO's salary of Helios Education Foundation is $562,688 and their total compensation is $651,237.
Official website here: www.helios.org
What is the revenue of Helios Education Foundation?
Helios Education Foundation's revenue in 2022 was $21,760,037.
Official website here: www.helios.org
Who are the executives of Helios Education Foundation and what are their salaries?
The average compensation at Helios Education Foundation during 2022 was $170,260. There are 34 employees at Helios Education Foundation.
Here are 24 key members and their salaries (Helios Education Foundation's CEO's salary is $562,688 and their total compensation is $651,237):
- Compensation: $80,360
- Related: $0
- Other: $0
- Compensation: $562,688
- Related: $0
- Other: $88,549
- Compensation: $65,360
- Related: $0
- Other: $0
- Compensation: $73,360
- Related: $0
- Other: $0
- Compensation: $296,756
- Related: $0
- Other: $34,446
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $70,360
- Related: $0
- Other: $0
- Compensation: $78,360
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $68,860
- Related: $0
- Other: $0
- Compensation: $69,110
- Related: $0
- Other: $0
- Compensation: $76,610
- Related: $0
- Other: $0
- Compensation: $406,548
- Related: $0
- Other: $57,925
- Compensation: $325,106
- Related: $0
- Other: $64,237
- Compensation: $233,164
- Related: $0
- Other: $42,288
- Compensation: $213,160
- Related: $0
- Other: $40,027
- Compensation: $199,803
- Related: $0
- Other: $75,334
- Compensation: $236,430
- Related: $0
- Other: $63,245
- Compensation: $183,762
- Related: $0
- Other: $56,572
- Compensation: $138,383
- Related: $0
- Other: $51,431
- Compensation: $125,270
- Related: $0
- Other: $35,723
- Compensation: $133,543
- Related: $0
- Other: $37,758
- Compensation: $169,059
- Related: $0
- Other: $29,766
Official website here: www.helios.org
Where can I find the form 990 for Helios Education Foundation?
Helios Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.helios.org
Learn more at the official website: www.helios.org
Mission Statement of Helios Education Foundation
Helios Education Foundation is a nonprofit organization dedicated to enriching the lives of individuals in Arizona and Florida by creating opportunities for success in post-secondary education. The Foundation's mission is rooted in four fundamental beliefs: community, investment, equity, and partnership.
Community is at the heart of Helios Education Foundation's work, as education is seen as a powerful tool for transforming lives and strengthening communities. The organization recognizes that every student deserves a high-quality education, regardless of their background. Helios Education Foundation invests in programs and initiatives across the entire education spectrum, from early grade success to post-secondary education.
The Foundation's commitment to equity is reflected in its focus on underrepresented populations, including low-income and Latino students in Arizona and low-income and Black students in Florida. These groups represent the fastest-growing subpopulations in their respective states and are expected to make up the majority of the student population in the coming years. Helios Education Foundation aims to accelerate the pace of change by investing in sustainable programs and initiatives that specifically impact the educational success of all students.
In the past fiscal year, Helios Education Foundation provided approximately $23 million in grants and $706 thousand in-kind giving to educational organizations in Arizona and Florida. These funds supported schools, universities, and other educational organizations and non-profits, improving the conditions of and access to education for students. The Foundation's work is purposeful and focused on results, with a strategy that addresses three key drivers essential to getting students on track for college attainment: ensuring students are reading by the third grade, increasing college enrollments, and increasing the attainment of two- and four-year college degrees. The Foundation's impact strategy prioritizes improvements in early learning, increasing access to college for underrepresented students, and supporting students in persisting and completing their degrees.
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Impact
October, 2024
Helios Education Foundation significantly enriches the lives of individuals in Arizona and Florida by creating pathways to success in post-secondary education. With a firm commitment to enhancing educational opportunities, the Foundation focuses on key areas that directly impact students, particularly targeting low-income, Black, and Latino populations, which are prevalent in these states.
Through substantial financial support—approximately $23 million in grants and in-kind contributions in FY22—Helios collaborates with schools, universities, and educational organizations to foster environments conducive to learning. The Foundation's impact is evident in its strategy, which emphasizes three critical goals: ensuring that students are reading by third grade, increasing college enrollment, and improving the attainment of college degrees.
Helios is dedicated to improving early learning by enhancing the quality and accessibility of educational experiences, especially for disadvantaged communities. Additionally, they strive to broaden the participation of underrepresented students in rigorous academic programs and provide resources that demystify the college application and funding process.
Moreover, the Foundation plays a pivotal role in supporting students' persistence in higher education. By increasing access to financial aid and completion-focused scholarships, and by enhancing student support services, Helios facilitates smoother transitions for students moving from community colleges to four-year institutions.
Overall, Helios Education Foundation's impact is measurable in the increased educational opportunities it provides, contributing to the long-term success of students and, ultimately, strengthening communities across Arizona and Florida.
This information is meant to be a general summary of Helios Education 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 2022.
- Investment Income: $21,760,037
- Gross Receipts: $116,484,956
Assets and Liabilities:
- Total Assets: $702,121,235
- Total Liabilities: $36,233,625
- Net Assets: $665,887,610
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Organization Details
Founding Year
2004
Phone
(602) 381-2260Main Address
4747 N 32ND STREET, PHOENIX, AZ, 85018
Website
www.helios.orgNTEE Category
Code: W600 - Public benefit
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