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Helios Education Foundation

Phoenix, AZ · EIN 94-2850977 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Helios Education Foundation reported $52.4 million in revenue and $39.6 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $81.76 went to program services, $18.24 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 100.0% of the total. The highest compensation it reported for one person was $724,642 (PRESIDENT AND CEO). 23 people received more than $100,000 in reportable compensation. Revenue rose 4% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $40M

For context, the median across 185 covered public & societal benefit charities: $88.81 programs, $11.18 management, $0.01 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $52M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 185 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
81.8%84.9%
Management & general
Part IX 25(C) ÷ 25(A)
18.2%10.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%83.8%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%3.2%
Highest reported compensation
Part VII-A, columns D–F
$724,642$357,133
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.83%1.52%
People paid over $100,000
Part VII, line 2
2312
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
256.410.5
Independent voting board members
Part VI 1a–1b
10 of 13100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$32M expenses · 100.0% of program spending · grants $20M

Helios Education Foundation is dedicated to creating opportunities for individuals in arizona and florida to achieve a postsecondary education. The foundation's work is driven by its four fundamental beliefs: 1) community - education changes lives and strengthens communities. 2) investment - education is an investment, not an expense. 3) equity - every student, regardless of zip code, deserves a high- quality education. 4) partnership - the foundation will achieve its mission through partnership and collaboration. Helios invests in programs and initiatives across the full education continuum…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT AND CEO
Director/trustee, officer, 40.0 hrs/week
$638,325$0$86,317$724,642
EXECUTIVE VICE PRESIDENT & COO
Officer, 40.0 hrs/week
$453,966$0$75,654$529,620
SENIOR VICE PRESIDENT & CFO
Officer, 40.0 hrs/week
$375,123$0$87,516$462,639
CHAIRMAN
Director/trustee, officer, 20.0 hrs/week
$345,779$0$39,495$385,274
SVP FL COMMUNITY ENGAGEMENT, OPS, STRATEGIC PSHPS
Key employee, 40.0 hrs/week
$265,733$0$102,437$368,170
SVP COMMUNITY IMPACT & LEARNING
Key employee, 40.0 hrs/week
$262,131$0$100,118$362,249
SVP AZ COMMUNITY ENGAGEMENT
Key employee, 40.0 hrs/week
$268,977$0$77,602$346,579
SVP GOVERNMENT AFFAIRS & PUBLIC POLICY
Key employee, 40.0 hrs/week
$253,089$0$62,979$316,068

23 people received more than $100,000 in reportable compensation from Helios Education Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.0M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$52M$40M81.8%$847M$724,642
FY2024 ⓘ$35M$42M84.6%$795M$707,955
FY2023 ⓘ−$13M$37M84.7%$710M$661,603
FY2022 ⓘ$22M$39M87.6%$666M$651,237
FY2021 ⓘ$70M$42M89.1%$819M$646,817
FY2020 ⓘ$50M$30M84.0%$722M$648,708

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 539

Correct a figure or respond

Every number above is copied from Helios Education Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Helios Education Foundation, you can publish a response that is linked from this page.

Questions people ask

How much of Helios Education Foundation's spending goes to programs?

In the fiscal year ending September 30, 2025, Helios Education Foundation reported that 81.8% of its $39.6 million in expenses went to program services, 18.2% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Helios Education Foundation pay its top executive?

The largest total compensation Helios Education Foundation reported for one person in the fiscal year ending September 30, 2025 was $724,642, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Helios Education Foundation get its money?

Of $52.4 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Helios Education Foundation a registered charity?

The IRS lists EIN 94-2850977 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202630449349300443 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202510459349300336 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202420329349301717 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202300309349300610 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202240119349300219 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202100369349301655 · read the filing

All filings for EIN 94-2850977: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.