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Arizona · Nonprofit

Helios Education Foundation

Helios Education Foundation (Arizona) receives grants from 1 organization whose IRS filings report $2,500 to it, the largest being BRADY FOUNDATION ($2,500). 0 of them have funded it in more than one year.

Revenue FY2025
$52M
Funders on record
1
Grants received
$3k
Net assets
$847M
0/1 repeat funders
01What it does

What Helios Education Foundation does

Mission

To enrich the lives of individuals in arizona and florida by creating opportunities for success in post-secondary education.

As stated on its FY2025 Form 990.

Program

  1. 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, from early grade success through postsecondary education. Helios partners with universities, colleges, elementary and secondary schools, and other eligible educational organizations as described in section 501(c)(3) of the internal revenue code. The foundation's commitment to education is long-term and its financial support is focused on investing in sustainable programs and initiatives at educational organizations that specifically impact the educational success of all students. During fy25, the foundation provided approximately $20 million in grants and $975 thousand in in-kind giving to…

    $32,407,512 spentof which $19,622,037 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $32,407,512.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($22M) Expenses 100 ($37M) Net assets 100 ($691M)2018 Revenue 153 ($34M) Expenses 85 ($32M) Net assets 102 ($702M)2019 Revenue 123 ($28M) Expenses 72 ($27M) Net assets 102 ($703M)2020 Revenue 224 ($50M) Expenses 80 ($30M) Net assets 105 ($722M)2021 Revenue 313 ($70M) Expenses 112 ($42M) Net assets 119 ($819M)2022 Revenue 97 ($22M) Expenses 106 ($39M) Net assets 96 ($666M)2023 Revenue -57 ($-12696190) Expenses 99 ($37M) Net assets 103 ($710M)2024 Revenue 154 ($35M) Expenses 112 ($42M) Net assets 115 ($795M)2025 Revenue 234 ($52M) Expenses 106 ($40M) Net assets 123 ($847M)
'17'18'19'20'21'22'23'24'25
Revenue (234)Expenses (106)Net assets (123)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $849M to $702M (−17%).

$726M
$736M
$754M
$748M
$849M
$702M
$741M
$833M
$880M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of Helios Education Foundation’s revenue is contributions — more earned-revenue than three-quarters of its peers (30% for the typical peer).

This organization
Typical peer · 286 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$15M
’17
$2.5M
’18
$746k
’19
$20M
’20
$28M
’21
−$18M
’22
−$50M
’23
−$7.4M
’24
$13M
’25
6.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Paul Luna

President and CEO

Board chair

Vincent Roig

Chairman

As listed on its FY2025 Form 990.

201720182019202020212025
Listed212120202025
Joined·+1+1+2+0·
No longer listed·1220·
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
total
funders
1

From the IRS filings of Helios Education Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Helios Education Foundation draws 100% of its grant income from funders outside Arizona, across 1 state in all.

NC

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Helios Education Foundation runs a healthier operating margin than three-quarters of the 132 public benefit nonprofits its size.

Operating margin24% · top quartile
Months of reserve6.1mo · above the median
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 132 public benefit nonprofits $10M–$100M, FY2025

Organizations like Helios Education Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Arizona

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 18%Fundraising 0%

Governance

13
board members
77%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

AZ

Part of a family of 2 related entities

  • Olympus Properties II LLC · disregarded
  • Olympus Properties I LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for Helios Education Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Helios Education Foundation?
Helios Education Foundation (Arizona) receives grants from 1 organization whose IRS filings report $2,500 to it, the largest being BRADY FOUNDATION ($2,500). 0 of them have funded it in more than one year.
How many funders does Helios Education Foundation have?
IRS filings report 1 organization giving $2,500 in grants to Helios Education Foundation.
Who is the largest funder of Helios Education Foundation?
BRADY FOUNDATION is the largest funder on record, with $2,500 in grants. The full list of funders is on this page.
How can an organization like Helios Education Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Arizona. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing