Helios Education Foundation
82% goes to programs Strong reserves Growing revenue
Helios Education Foundation is a 501(c)(3) organization based in Phoenix, Arizona, registered in 1983, with $52,419,531 in FY2024 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
4747 N 32nd St, Phoenix, AZ, 85018 EIN 94-2850977 Since 1983
Revenue (FY2024)
$52.4M
▲ 51.6% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$39.6M
Net assets
$846.8M
Employees
39
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating82% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Helios Education Foundation: 82% to programs earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating256 mo reserves · +24% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Helios Education Foundation: 256 mo reserves · +24% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Helios Education Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Helios Education Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To enrich the lives of individuals in arizona and florida by creating opportunities for success in post-secondary education.
Contact & location
- Address
- 4747 N 32nd St, Phoenix, AZ, 85018
- City
- Phoenix
- State
- Arizona
- Category
- Public & Societal Benefit
- Subcategory
- Financial Institutions
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $116.9M (FY2013) to $52.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $33.0MNet assets $846.8M
Operating margin
24.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$879.7M
Total liabilities
$33.0M
Net assets
$846.8M
Salaries & benefits
$9.4M
24% of expenses
Board members
13
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $52,419,531▲51.6% | $39,635,771▼5.5% | $846,758,526▲6.5% | $879,721,019▲5.6% | 990 |
| 2023 | $34,576,005▲372% | $41,951,459▲13.6% | $795,129,562▲11.9% | $832,856,270▲12.4% | 990 |
| 2022 | -$12,696,190▼158% | $36,928,499▼6.3% | $710,456,898▲6.7% | $740,953,286▲5.5% | 990 |
| 2021 | $21,760,037▼69.0% | $39,411,328▼5.9% | $665,887,610▼18.7% | $702,121,235▼17.3% | 990 |
| 2020 | $70,162,749▲39.6% | $41,887,448▲40.7% | $819,299,544▲13.5% | $848,817,984▲13.5% | 990 |
| 2019 | $50,271,699▲82.1% | $29,775,741▲10.9% | $721,836,473▲2.7% | $747,899,259▼0.9% | 990 |
| 2018 | $27,605,974▼19.4% | $26,859,606▼15.3% | $702,553,820 | $754,497,859▲2.5% | 990 |
| 2017 | $34,238,622▲52.7% | $31,708,928▼15.0% | $702,326,976▲1.7% | $736,397,444▲1.4% | 990 |
| 2016 | $22,425,740▲538% | $37,317,604▲37.6% | $690,563,119▲7.7% | $726,413,126▲9.5% | 990 |
| 2015 | $3,517,524▼86.0% | $27,128,900▲22.9% | $640,955,402▲3.3% | $663,380,140▲3.8% | 990 |
| 2014 | $25,193,827▼78.4% | $22,073,082▼16.5% | $620,572,098▼6.4% | $639,307,633▼6.6% | 990 |
| 2013 | $116,879,357 | $26,422,218 | $663,149,804 | $684,234,760 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Paul Luna — $638,325 (1.61% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Paul Luna | President and Ceo | 40 | $638,325 |
| Barbara Ryan Thompson | Executive Vice President & Coo | 40 | $453,966 |
| Michael Chesin | Senior Vice President & Cfo | 40 | $375,123 |
| Vincent Roig | Chairman | 20 | $345,779 |
| Vince Yanez | Svp Az Community Engagement | 40 | $268,977 |
| Stacy Baier | Svp Fl Community Engagement, Ops, Strategic Pshps | 40 | $265,733 |
| Paul Perrault | Svp Community Impact & Learning | 40 | $262,131 |
| Janice Palmer | Svp Government Affairs & Public Policy | 40 | $253,089 |
| Tina Denicole | Vp Finance and Administration | 40 | $207,226 |
| Lauren M Cortinas | Senior Vice President, Communications | 40 | $173,350 |
| Zachary Fontes | Director of Technology | 40 | $156,039 |
| Julie Norwood | Vp Grants and Project Management | 40 | $146,387 |
| Noel Mcclain | Senior Director, Human Resources | 40 | $140,888 |
| Tammi Crum | Director, Executive Services | 40 | $136,585 |
| Jane Roig | Vice-chair | 10 | $90,643 |
| Tom Herndon | Director | 6 | $62,546 |
| Maria Sastre | Director | 6 | $62,238 |
| Mark Fernandez | Director | 6 | $62,164 |
| Vada Manager | Director & Treasurer | 6 | $57,725 |
| Don Aripoli | Director | 6 | $57,035 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Mercer | Investment Consulting | $476,687 |
| Collaborative Communications Group Inc | Communication and Public Relations | $438,606 |
| Wested | Research Consulting | $327,500 |
| Rsm | Audit & Consulting Services | $178,536 |
| Ford Audio Visual | Audio Visual | $162,415 |
Grants made · $19.5M in FY2024
78 grants totaling $19.5M in FY2024 — showing the 15 largest. All grants made by Helios Education Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Maricopa County Community College District Foundation | See part iv | $3,709,120 |
| University of South Florida Foundation Inc | See part iv | $1,391,693 |
| Arizona Board of Regents | See part iv | $1,100,000 |
| Broward Education Foundation Inc | See part iv | $1,100,000 |
| Candelen | See part iv | $1,000,000 |
| Consortium of Florida Education Foundations Inc | See part iv | $980,000 |
| Arizona Community Foundation | See part iv | $968,000 |
| Childrens Services Council of Florida Inc | See part iv | $930,000 |
| Southwest Human Development Incorporated | See part iv | $900,000 |
| Breakthrough Miami Inc | See part iv | $865,000 |
| Heart of Florida United Way | See part iv | $750,000 |
| Achieve Miami Inc | See part iv | $500,000 |
| Camp Catanese Foundation | See part iv | $500,000 |
| Florida Endowment Foundation For Vocational Rehabilitation Inc | See part iv | $500,000 |
| Wested | See part iv | $445,000 |
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Frequently asked questions
- Is Helios Education Foundation a legitimate nonprofit?
- Yes. Helios Education Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-2850977, based in Phoenix, Arizona. Donations are tax-deductible.
- What is Helios Education Foundation's EIN?
- Helios Education Foundation's Employer Identification Number (EIN) is 94-2850977.
- How much revenue does Helios Education Foundation report?
- Helios Education Foundation reported $52,419,531 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Helios Education Foundation's spending goes to programs?
- Helios Education Foundation spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Helios Education Foundation have?
- CharityIndex grades Helios Education Foundation A, based on program efficiency and fundraising cost.
- How much does Helios Education Foundation's highest-paid employee make?
- The highest reported compensation on Helios Education Foundation's latest Form 990 is $638,325, paid to Paul Luna (President and Ceo).
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Data for Helios Education Foundation (EIN 94-2850977) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.