Helios Education Foundation

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Phone

6023812260

Tax Period

2024-10-01 to 2025-09-30

Helios Education Foundation, founded in 2004, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $52.4M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12.8M, a strong 24% operating margin.

Mission

TO ENRICH THE LIVES OF INDIVIDUALS IN ARIZONA AND FLORIDA BY CREATING OPPORTUNITIES FOR SUCCESS IN POST-SECONDARY EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $32,407,512 Revenue: $0

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 EDUCATIONAL ORGANIZATIONS LOCATED IN ARIZONA AND FLORIDA. THIS FUNDING AND IN-KIND GIVING PROVIDED SUPPORT TO SCHOOLS, UNIVERSITIES, AND OTHER EDUCATIONAL ORGANIZATIONS AND NON-PROFITS THAT IMPROVE THE CONDITIONS OF AND ACCESS TO EDUCATION. Helios Education Foundation has a purposeful focus on results. Our Impact Strategy focuses on three key drivers essential to getting students on track for college attainment: Ensure that students are reading by the third grade; Increase college enrollments; and Increase attainment of two- and four-year college degrees.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $52,419,531

Other Revenue $0

TOTAL REVENUE $52,419,531

Expense Breakdown

Grants Paid $19,622,037

Salaries & Benefits $9,394,726

Fundraising Expenses $0

Program Expenses $32,407,512

Other Expenses $10,619,008

TOTAL EXPENSES $39,635,771

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,419,531	$34,576,005	+0.5%
Expenses	$39,635,771	$41,951,459	-0.1%
Net Income	$12,783,760	$-7,375,454	-2.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$2,302,652

Total Directors

$1,753,777

Key Employees

$1,613,146

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANE ROIG	VICE-CHAIR	10.0	Officer Director	$90,643	$0	$90,643
PAUL LUNA	PRESIDENT AND CEO	40.0	Officer Director	$638,325	$86,317	$724,642
STEVEN WHEELER	DIRECTOR & SECRETARY	6.0	Officer Director	$52,109	$0	$52,109
VADA MANAGER	DIRECTOR & TREASURER	6.0	Officer Director	$57,725	$0	$57,725
VINCENT ROIG	CHAIRMAN	20.0	Officer Director	$345,779	$39,495	$385,274
CHEVY HUMPHREY	DIRECTOR	6.0	Director	$46,693	$0	$46,693
DON ARIPOLI	DIRECTOR	6.0	Director	$57,035	$0	$57,035
IOANNA MORFESSIS	DIRECTOR	6.0	Director	$54,860	$0	$54,860
JAMES SWANSON	DIRECTOR	6.0	Director	$47,033	$0	$47,033
LARRY RICE	DIRECTOR	6.0	Director	$50,815	$0	$50,815
MARIA SASTRE	DIRECTOR	6.0	Director	$62,238	$0	$62,238
MARK FERNANDEZ	DIRECTOR	6.0	Director	$62,164	$0	$62,164
TOM HERNDON	DIRECTOR	6.0	Director	$62,546	$0	$62,546
BARBARA RYAN THOMPSON	EXECUTIVE VICE PRESIDENT & COO	40.0	Officer	$453,966	$75,654	$529,620
MICHAEL CHESIN	SENIOR VICE PRESIDENT & CFO	40.0	Officer	$375,123	$87,516	$462,639
JANICE PALMER	SVP GOVERNMENT AFFAIRS & PUBLIC POLICY	40.0	Key Emp	$253,089	$62,979	$316,068
LAUREN M CORTINAS	SENIOR VICE PRESIDENT, COMMUNICATIONS	40.0	Key Emp	$173,350	$46,730	$220,080
PAUL PERRAULT	SVP COMMUNITY IMPACT & LEARNING	40.0	Key Emp	$262,131	$100,118	$362,249
STACY BAIER	SVP FL COMMUNITY ENGAGEMENT, OPS, STRATEGIC PSHPS	40.0	Key Emp	$265,733	$102,437	$368,170
VINCE YANEZ	SVP AZ COMMUNITY ENGAGEMENT	40.0	Key Emp	$268,977	$77,602	$346,579
JULIE NORWOOD	VP GRANTS AND PROJECT MANAGEMENT	40.0	Highest	$146,387	$49,141	$195,528
NOEL MCCLAIN	SENIOR DIRECTOR, HUMAN RESOURCES	40.0	Highest	$140,888	$48,581	$189,469
TAMMI CRUM	DIRECTOR, EXECUTIVE SERVICES	40.0	Highest	$136,585	$40,662	$177,247
TINA DENICOLE	VP FINANCE AND ADMINISTRATION	40.0	Highest	$207,226	$44,649	$251,875
ZACHARY FONTES	DIRECTOR OF TECHNOLOGY	40.0	Highest	$156,039	$67,569	$223,608

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$52,419,531	$39,635,771	$879,721,019	$12,783,760
2024	$34,576,005	$41,951,459	$832,856,270	$-7,375,454
2023	$-12,696,190	$36,928,499	$740,953,286	$-49,624,689
2022	$21,760,037	$39,411,328	$702,121,235	$-17,651,291
2021	$70,162,749	$41,887,448	$848,817,984	$28,275,301
2020	$50,271,699	$29,775,741	$747,899,259	$20,495,958
2019	$27,605,974	$26,859,606	$754,497,859	$746,368
2018	$34,238,622	$31,708,928	$736,397,444	$2,529,694