2025-02-14T10:21:07+00:00 2024-09-30 346565596 ERNST & YOUNG US LLP 2323 VICTORY AVENUE DALLAS TX 75219 990 2023-10-01 942850977 Helios Education Foundation HELI 6023812260 4747 N 32ND STREET PHOENIX AZ 85018 PAUL LUNA PRESIDENT & CEO 6023812260 2025-02-14 true true Patrick Shields P01508556 2149698000 2023-01-25 2023 2025-03-06 01:10:19Z PAUL LUNA 4747 N 32ND STREET PHOENIX AZ 85018 85755831 false X WWW.HELIOS.ORG X 2004 AZ TO ENRICH THE LIVES OF INDIVIDUALS IN ARIZONA AND FLORIDA BY CREATING OPPORTUNITIES FOR SUCCESS IN POST-SECONDARY EDUCATION. 13 10 41 0 -1768360 0 0 0 0 0 -12696190 34576005 0 0 -12696190 34576005 20096751 24133807 0 0 7808300 8291216 0 0 0 9023448 9526436 36928499 41951459 -49624689 -7375454 740953286 832856270 30496388 37726708 710456898 795129562 TO ENRICH THE LIVES OF INDIVIDUALS IN ARIZONA AND FLORIDA BY CREATING OPPORTUNITIES FOR SUCCESS IN POST-SECONDARY EDUCATION. false false 35498335 24133807 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 FY24, HELIOS EDUCATION FOUNDATION PROVIDED APPROXIMATELY $24 MILLION IN GRANTS AND $943 THOUSAND 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. 35498335 true false false true false false false false false true true false false true true false true false false true false false false false false false true false true false false false false false false true false false false false false true false false false false true 36 0 true 41 true true true false false false false false false false false false false false X 13 10 true false false false false false false true true false false true true true true true true true true false AZ X MICHAEL CHESIN 6023812260 4747 N 32ND STREET PHOENIX AZ 85018 JANE ROIG VICE-CHAIR 10.0 0.0 X X 85860 0 0 PAUL LUNA PRESIDENT AND CEO 40.0 0.0 X X 624976 0 82979 STEVEN WHEELER DIRECTOR & SECRETARY 6.0 0.0 X X 48958 0 0 VADA MANAGER DIRECTOR & TREASURER 6.0 0.0 X X 54384 0 0 VINCENT ROIG CHAIRMAN 20.0 0.0 X X 323037 0 37307 CHEVY HUMPHREY DIRECTOR 6.0 0.0 X 45558 0 0 DON ARIPOLI DIRECTOR 6.0 0.0 X 57154 0 0 IOANNA MORFESSIS DIRECTOR 6.0 0.0 X 51860 0 0 JAMES SWANSON DIRECTOR 6.0 0.0 X 44797 0 0 LARRY RICE DIRECTOR 6.0 0.0 X 50721 0 0 MARIA SASTRE DIRECTOR 6.0 0.0 X 61172 0 0 MARK FERNANDEZ DIRECTOR 6.0 0.0 X 58533 0 0 TOM HERNDON DIRECTOR 6.0 0.0 X 56056 0 0 BARBARA RYAN THOMPSON EXECUTIVE VICE PRESIDENT & COO 40.0 0.0 X 449725 0 70916 MICHAEL CHESIN SENIOR VICE PRESIDENT & CFO 40.0 0.0 X 366414 0 82540 CHARLES HOKANSON SVP FL COMMUNITY ENGAGEMENT 40.0 0.0 X 171123 0 31144 JANICE PALMER SVP GOVERNMENT AFFAIRS & PUBLIC POLICY 40.0 0.0 X 250630 0 57093 PAUL PERRAULT SVP COMMUNITY IMPACT & LEARNING 40.0 0.0 X 252039 0 93610 TRAVIS REINDL SVP COMMUNICATIONS 40.0 0.0 X 185822 0 27719 VINCE YANEZ SVP AZ COMMUNITY ENGAGEMENT 40.0 0.0 X 266748 0 72959 JULIE NORWOOD VP GRANTS AND PROJECT MANAGEMENT 40.0 0.0 X 139323 0 45201 NOEL MCCLAIN SENIOR DIRECTOR, HUMAN RESOURCES 40.0 0.0 X 131665 0 43792 TAMMI CRUM DIRECTOR, EXECUTIVE SERVICES 40.0 0.0 X 134779 0 43018 TINA DENICOLE VP FINANCE AND ADMINISTRATION 40.0 0.0 X 205150 0 41533 ZACHARY FONTES DIRECTOR OF TECHNOLOGY 40.0 0.0 X 150872 0 62729 4267356 0 792540 21 true true false Mercer 633 WEST FIFTH STREET 1200 LOS ANGELES CA 90071 INVESTMENT CONSULTING 498664 COLLABORATIVE COMMUNICATIONS GROUP INC 1029 VERMONT AVE NW WASHINGTON DC 20005 COMMUNICATION AND PUBLIC RELATIONS 331420 WESTED 4665 Lampson Ave A Los Almitos CA 907205139 Research Consulting 247500 SHAN STRATEGIES LLC 2202 E PALMAIRE AVE PHOENIX AZ 85020 STRATEGIC CONSULTING 132000 Equal Measure 520 Walnut St Suite 1450 Philadelphia PA 19106 Research Consutling 111778 5 0 0 0 0 0 0 19998097 -1768360 21766457 0 0 65757734 51179826 14577908 0 14577908 14577908 0 0 0 0 0 34576005 0 -1768360 36344365 24133807 24133807 3187115 1804191 1382924 0 3058497 1890810 1167687 735527 448479 287048 954517 665547 288970 355560 224125 131435 0 0 0 131434 5353 126081 1438 1438 0 1194272 0 1194272 1150367 953647 196720 0 432021 314022 117999 691148 380566 310582 1181622 1080981 100641 365160 228190 136970 431153 104189 326964 2781049 2402811 378238 168639 115454 53185 COMMUNICATIONS 612168 442211 169957 COMMUNITY EVENT SPONSORSHIP 385965 302514 83451 0 0 0 0 41951459 35498335 6453124 0 2251080 3254486 11994080 22623032 0 80563 107950 0 0 0 0 0 132655 47037 77394084 12571668 63669888 64822416 397968469 474168404 264851551 267827945 0 5000 5000 0 0 740953286 832856270 3116547 6381018 27379841 31345690 0 0 0 0 30496388 37726708 X 710456898 795129562 710456898 795129562 740953286 832856270 X -7375454 91798118 250000 X false true X true false X X 141 SEE PART VI 000000000 9 false 24133807 942713 1 24133807 942713 false false false false false false false false false false false false false false false true false Schedule A, Part IV, Section A, Line 1 Supported Orgs Listed By Name AS STATED IN ITS ARTICLES OF ORGANIZATION, HELIOS EDUCATION FOUNDATION DESIGNATES ITS SUPPORTED CHARITIES BY CLASS OR PURPOSE, SPECIFICALLY EDUCATIONAL ORGANIZATIONS, INCLUDING UNIVERSITIES, TWO- AND FOUR-YEAR COLLEGES, VOCATIONAL AND TECHNICAL SCHOOLS, SECONDARY SCHOOLS, MIDDLE SCHOOLS, ELEMENTARY SCHOOLS AND OTHER EDUCATIONAL ORGANIZATIONS LOCATED IN ARIZONA AND FLORIDA, WHICH ARE DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND WHICH ARE CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION UNDER SECTIONS 509(A)(1) OR 509(A)(2) OF THE INTERNAL REVENUE CODE. DURING FY24, THE FOUNDATION PROVIDED APPROXIMATELY $24 MILLION IN GRANTS AND $943 THOUSAND IN KIND GIVING TO ITS SUPPORTED CLASS OF ARIZONA AND FLORIDA EDUCATIONAL ORGANIZATIONS. HELIOS EDUCATION FOUNDATION DESIGNATES ITS SUPPORTED CHARITIES BY CLASS OR PURPOSE AND SATISFIES THE TYPE I "RELATIONSHIP TEST" BY ENSURING THAT A MAJORITY OF ITS BOARD OF DIRECTORS ARE ELECTED OR APPOINTED BY REPRESENTATIVES OF THE CLASS OF CHARITIES IT SUPPORTS. HELIOS EDUCATION FOUNDATION OPERATES FOR THE BENEFIT ONLY OF ORGANIZATIONS WITHIN ITS DESIGNATED CLASS (EDUCATIONAL ORGANIZATIONS LOCATED IN ARIZONA AND FLORIDA), WHICH APPOINT A MAJORITY OF THE BOARD OF DIRECTORS OF HELIOS EDUCATION FOUNDATION. false false false false false false true 1438 false false 1438 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY LINE 1G CONSISTS OF CONSULTING EXPENSES AND NOMINAL LOBBYING COSTS EMBEDDED WITHIN COMMUNITY MEMBERSHIP DUES 8352520 8352520 57082395 7258758 49823637 491664 475220 16444 5663818 2900832 2762986 5803687 1936858 3866829 64822416 HEDGE FUNDS - ALTERNATIVES 95241812 F PRIVATE ASSETS - ALTERNATIVES 172586133 F 267827945 0 X 125179851 91798118 0 91798118 33381733 1194272 0 1194272 34576005 40507187 -250000 -250000 40757187 1194272 0 1194272 41951459 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE FOUNDATION ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740-10), WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THE YEARS BEFORE 2020. Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 PRIOR YEAR CANCELLED GRANTS - -250000 Central America and the Caribbean 0 0 Investments 182331678 0 0 0 0 0 0 182331678 0 182331678 true false true false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual true Achieve Miami 475482321 501(c)(3) 1000000 SEE PART IV Aliento 844749451 501(c)(3) 1502483 SEE PART IV ALL In Education 851652516 501(c)(3) 1506500 SEE PART IV American Journalism Project 831772542 501(c)(3) 25000 SEE PART IV Arizona Academic Decathlon 860508608 501(c)(3) 40000 SEE PART IV Arizona Community Foundation 860348306 501(c)(3) 454000 SEE PART IV Arizona Humane Society 860135567 501(c)(3) 5240 SEE PART IV Arizona School Administrators 860255586 501(c)(3) 480000 SEE PART IV Arizona Science Center 860390558 501(c)(3) 1055000 SEE PART IV Arizona Science Teachers Association 860622405 501(c)(3) 10000 SEE PART IV Assistance League of Phoenix Arizona 860193883 501(c)(3) 12500 SEE PART IV ASU Foundation for a New American University 866051042 501(c)(3) 121450 SEE PART IV AZ Impact for Good 202529887 501(c)(3) 9495 SEE PART IV Be A Leader Foundation 550850279 501(c)(3) 15000 SEE PART IV Broward College Foundation 237181959 501(c)(3) 40000 SEE PART IV Broward Public Library Foundation 592224746 501(c)(3) 21000 SEE PART IV Center for the Future of Arizona 820538372 501(c)(3) 1001000 SEE PART IV Children's Action Alliance 860594785 501(c)(3) 10700 SEE PART IV Diocesan Council for the Society of St Vincent De Paul Diocese Phoenix 860096789 501(c)(3) 5990 SEE PART IV Education Forward Arizona 202366755 501(c)(3) 4037600 SEE PART IV Elevation Scholars Inc 471809808 501(c)(3) 9945 SEE PART IV Excelencia in Education 200927912 501(c)(3) 75000 SEE PART IV FACCT Initiatives 650299932 501(c)(3) 20000 SEE PART IV FAMU Foundation 596175096 501(c)(3) 150000 SEE PART IV Florida Chamber Foundation 596209605 501(c)(3) 725385 SEE PART IV Florida Education Foundation 592718509 501(c)(3) 30000 SEE PART IV Florida International University Foundation 237047106 501(c)(3) 125000 SEE PART IV Florida Philanthropic Network 201328734 501(c)(3) 428000 SEE PART IV Florida State University Foundation 596152180 501(c)(3) 25500 SEE PART IV Florida TaxWatch 591918055 501(c)(3) 12000 SEE PART IV Frameworks of Tampa Bay 208776228 501(c)(3) 6930 SEE PART IV Genesis City 860739107 501(c)(3) 43800 SEE PART IV Grantmakers for Education 330919329 501(c)(3) 22450 SEE PART IV Great Hearts Arizona 202036133 501(c)(3) 47500 SEE PART IV Greater Phoenix Economic Council 474623504 501(c)(3) 30000 SEE PART IV Hillsborough Community College Foundation 591810717 501(c)(3) 14143 SEE PART IV Hillsborough Education Foundation 592883361 501(c)(3) 54500 SEE PART IV Impact Florida 611949614 501(c)(3) 12500 SEE PART IV Institute for Citizens and Scholars 210703075 501(c)(3) 100000 SEE PART IV Lawton Chiles Foundation 593400148 501(c)(3) 40000 SEE PART IV LEO Foundation (formerly Grand Canyon University Scholarship Foundation) 204879525 501(c)(3) 10000 SEE PART IV Make Way for Books 311583036 501(c)(3) 1500000 SEE PART IV NALEO Educational Fund 521212849 501(c)(3) 25000 SEE PART IV National College Attainment Network 311793562 501(c)(3) 127750 SEE PART IV National School Foundation Association 203071694 501(c)(3) 13334 SEE PART IV New Pathways for Youth 860615007 501(c)(3) 5215 SEE PART IV Nonprofit Leadership Center of Tampa Bay 593671047 501(c)(3) 20400 SEE PART IV Open Campus Media 842427054 501(c)(3) 150000 SEE PART IV Phoenix Final Four Local Organizing Committee 474226409 501(c)(3) 12500 SEE PART IV Phoenix Public Library Foundation 860835463 501(c)(3) 6000 SEE PART IV Phoenix Suns Charities 860633919 501(c)(3) 1000000 SEE PART IV Pinellas Education Foundation 592688253 501(c)(3) 35610 SEE PART IV Read Better Be Better 474003520 501(c)(3) 13560 SEE PART IV Sandra Day O'Connor Institute 263521510 501(c)(3) 77100 SEE PART IV Stand for Children Leadership Center 521957214 501(c)(3) 9825 SEE PART IV Starting Right Now 263725699 501(c)(3) 7100 SEE PART IV Take Stock in Children 593331584 501(c)(3) 69950 SEE PART IV Tampa Bay Partnership 593414776 501(c)(3) 29800 SEE PART IV Teach for America - Miami-Dade 133541913 501(c)(3) 2505000 SEE PART IV Teach for America - Phoenix 133541913 501(c)(3) 2188820 SEE PART IV The Children's Movement of Florida 311626706 501(c)(3) 1000000 SEE PART IV The Miami Foundation 650350357 501(c)(3) 24875 SEE PART IV Translational Genomics Research Institute Foundation 331092191 501(c)(3) 507500 SEE PART IV United Way Miami 590830840 501(c)(3) 10000 SEE PART IV University of Arizona Foundation 866050388 501(c)(3) 76000 SEE PART IV University of Central Florida Foundation 596211832 501(c)(3) 125000 SEE PART IV University of Florida 202343265 Public Entity 400000 SEE PART IV University of South Florida Foundation 590879015 501(c)(3) 215794 SEE PART IV University of Tampa 590624459 501(c)(3) 10000 SEE PART IV Valley of the Sun United Way 860104419 501(c)(3) 47867 SEE PART IV Victoria Foundation 237091708 501(c)(3) 25000 SEE PART IV WestEd 943233542 Public Entity 393000 SEE PART IV XICO Inc 204225234 501(c)(3) 7360 SEE PART IV Yavapai County Education Services Agency 331101967 Public Entity 220000 SEE PART IV 74 0 Schedule I, Part II, Line 1(h) AS DESCRIBED IN PART III OF THE FORM 990, HELIOS EDUCATION FOUNDATION FOCUSES ITS COMMUNITY INVESTMENTS ACROSS THREE PRIORITY AREAS: 1) EARLY GRADE SUCCESS; 2) COLLEGE AND CAREER READINESS; AND 3) POSTSECONDARY COMPLETION. EARLY GRADE SUCCESS - FOR OUR YOUNGEST CHILDREN, WE ARE WORKING TO CREATE LEARNING OPORTUNITIES THAT WILL PREPARE CHILDREN TO ENTER KINDERGARTEN AND READ AT GRADE LEVEL BY THE END OF THIRD GRADE THROUGH: - FOSTERING COLLABORATIVE AND SUSTAINABLE EARLY CHILDHOOD EDUCATION SYSTEMS - IMPROVING ACCESS AND QUALITY OF EARLY CHILDHOOD PROFESSIONAL DEVELOPMENT - BRIDGING EARLY CHILDHOOD AND K-3 EDUCATION COLLEGE AND CAREER READINESS - ENSURING ARIZONA AND FLORIDA HIGH SCHOOL GRADUATES ARE PREPARED TO ENTER THE WORKFORCE OR CREDIT-BEARING COLLEGE COURSES WITHOUT REMEDIATION BY: - IMPROVING ACADEMIC RIGOR AND RELEVANCE - EMBEDDING A COLLEGE-GOING CULTURE BY FOSTERING HIGH EXPECTATIONS AND ENGAGING COMMUNITIES POSTSECONDARY COMPLETION - HELPING LOW INCOME STUDENTS IN ARIZONA AND FLORIDA ACCESS, PERSIST AND ATTAIN A HIGH-QUALITY POSTSECONDARY CERTIFICATE OR DEGREE BY: - STRUCTURING SUPPORTS TO FACILITATE SUCCESSFUL TRANSITION TO CREDIT BEARING COURSES - CONSTRUCTING SCHOLARSHIPS TO SUPPORT PERSISTENCE AND COMPLETION - FOCUSING SUPPORTS AND GUIDANCE ON CERTIFICATE AND DEGREE PATHWAYS INNOVATIVE - PROGRAMS ALIGNED TO THE VALUES, VISION AND MISSION OF THE FOUNDATION THAT FALL OUTSIDE OF OUR OTHER PRIORITY AREAS. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE FOLLOWING DUE DILIGENCE AND OVERSIGHT PROCEDURES ARE FOLLOWED PRIOR TO AWARDING AND FUNDING A GRANT: THE FOUNDATION'S DUE DILIGENCE PROCESS FOR FIRST-TIME GRANTEES BEGINS IN EARLY CONVERSATIONS BETWEEN THE COMMUNITY ENGAGEMENT LEAD AND THE PROSPECTIVE PARTNER (GRANTEE). MANAGEMENT AND FINANCIAL RISK ARE INFORMALLY EXPLORED THROUGH QUESTIONS SUCH AS: 1. WHAT IS THE ORGANIZATION'S PROCESS OR PRACTICES FOR FINANCIAL PLANNING? THIS QUESTION SEEKS TO UNDERSTAND: A. WHETHER FINANCIAL PLANNING HAPPENS, WITH WHAT LONGITUDINAL OUTLOOK, AND TO WHAT DEGREE B. THE PLANNING TIMEFRAME - ANNUAL OR MULTI-YEAR C. THE DEGREE TO WHICH THE PLANNING IS INCLUSIVE OF FUNCTIONAL AREAS OR SILOED D. HOW FINANCIAL MANAGEMENT IS ALIGNED TO ORGANIZATIONAL GOALS 2. HOW DOES THE ORGANIZATION CONSIDER AND PLAN FOR THE FULL COST OF OPERATIONS? A. DO FINANCIAL PRACTICES ENSURE OPERATIONAL COSTS ARE COVERED OVER TIME? B. ABILITY TO IDENTIFY ANY POTENTIAL HIDDEN ISSUES 3. WHAT WERE THE KEY FINDINGS OF THE MOST RECENT AUDIT? 4. HOW DOES YOUR ORGANIZATION THINK ABOUT AND ACCOUNT FOR INDIRECT COSTS? - COMMUNITY ENGAGEMENT LEAD MAY USE THIS QUESTION TO START A FINANCIAL CONVERSATION THAT CAN EVOLVE - POTENTIAL PARTNERS EXPECT THERE TO BE LIMITATIONS ON INDIRECT COSTS WHEN EXPLORATORY CONVERSATIONS LEAD TO AN INVITATION TO SUBMIT A CONCEPT PAPER, THE PROSPECTIVE PARTNER VALIDATES TWO COMPLIANCE CRITERIA IN THE GRANTS MANAGEMENT DATABASE WHEN THEY ESTABLISH THEIR ONLINE PROFILE: EXISTENCE OF EQUAL OPPORTUNITY EMPLOYER AND ANTI-DISCRIMINATION POLICIES. CONCURRENTLY, GRANTS ADMINISTRATION OBTAINS THE MOST RECENT MANAGEMENT AUDIT LETTER FROM THE ORGANIZATION, AND, USING PUBLICLY AVAILABLE INFORMATION FROM GUIDE STAR BY CANDID, COLLECTS INFORMATION TO DOCUMENT THE FOLLOWING: -IRS NONPROFIT STATUS AND CATEGORY -NET REVENUE -TOP 3 REVENUE SOURCES -LIQUIDITY -SOLVENCY -CASH ON HAND -PERCENT OF PROJECT FUNDING REQUESTED FROM HELIOS -HELIOS GRANT REQUEST AS A PERCENT OF ORGANIZATIONAL ANNUAL BUDGET PROJECT LEAD IN COLLABORATION WITH BROADER TEAM CONSIDERS ANY POTENTIAL RISKS AND HOW TO MANAGE THEM SHOULD THE FOUNDATION CHOOSE TO INVITE A FULL PROPOSAL FOLLOWING ASSESSMENT OF THE CONCEPT PAPER. ONCE A GRANT HAS BEEN AWARDED, A CUSTOMIZED CONTRACT IS DEVELOPED AND EXECUTED. CONTRACTS GENERALLY CONTAIN CUSTOMIZED DELIVERABLES INCLUDING INTERIM REPORTING, SITE VISITS, AND FINAL REPORT. DELIVERABLES ARE ENTERED INTO A TRACKING DATABASE AND MONITORED FOR COMPLIANCE. COMMUNITY ENGAGEMENT STAFF, IN COLLABORATION WITH GRANT ADMINISTRATION STAFF, MONITORS GRANT COMPLIANCE AND PROACTIVELY ADDRESSES ANY GRANT EXCEPTIONS. RETURNING GRANTEES PROPOSING A NEW PROJECT PROVIDE A CURRENT MANAGEMENT AUDIT LETTER. IF THE FOUNDATION IS AWARE OF OTHER AREAS OF PARTICULAR CONCERN THROUGH PAST WORK WITH THE GRANTEE, ADDITIONAL DOCUMENTS MAY BE REQUESTED (E.G., ANNUAL OPERATING BUDGET). EXISTING GRANTEES WITH MULTI-YEAR PROJECTS IN PROGRESS ARE NOT REQUIRED TO RENEW ANY DUE DILIGENCE DOCUMENTS DURING THE COURSE OF THE GRANT. X X true true X X X true true false false false false false true false PAUL LUNA PRESIDENT AND CEO 471910 0 100000 0 53066 0 43500 0 39479 0 707955 0 0 0 VINCENT ROIG CHAIRMAN 240120 0 70000 0 12917 0 0 0 37307 0 360344 0 0 0 BARBARA RYAN THOMPSON EXECUTIVE VICE PRESIDENT & COO 347377 0 75000 0 27348 0 43500 0 27416 0 520641 0 0 0 MICHAEL CHESIN SENIOR VICE PRESIDENT & CFO 293473 0 50000 0 22941 0 43500 0 39040 0 448954 0 0 0 CHARLES HOKANSON SVP FL COMMUNITY ENGAGEMENT 69231 0 0 0 101892 0 23916 0 7228 0 202267 0 0 0 TRAVIS REINDL SVP COMMUNICATIONS 176560 0 0 0 9262 0 12115 0 15604 0 213541 0 0 0 VINCE YANEZ SVP AZ COMMUNITY ENGAGEMENT 235089 0 15000 0 16659 0 35000 0 37959 0 339707 0 0 0 PAUL PERRAULT SVP COMMUNITY IMPACT & LEARNING 230083 0 20000 0 1956 0 35000 0 58610 0 345649 0 0 0 JANICE PALMER SVP GOVERNMENT AFFAIRS & PUBLIC POLICY 230000 0 20000 0 630 0 35000 0 22093 0 307723 0 0 0 TINA DENICOLE VP FINANCE AND ADMINISTRATION 185000 0 10000 0 10150 0 27300 0 14233 0 246683 0 0 0 ZACHARY FONTES DIRECTOR OF TECHNOLOGY 151073 0 5000 0 -5201 0 21848 0 40881 0 213601 0 0 0 JULIE NORWOOD VP GRANTS AND PROJECT MANAGEMENT 141064 0 0 0 -1741 0 19748 0 25453 0 184524 0 0 0 TAMMI CRUM DIRECTOR, EXECUTIVE SERVICES 121278 0 7500 0 6001 0 17998 0 25020 0 177797 0 0 0 NOEL MCCLAIN SENIOR DIRECTOR, HUMAN RESOURCES 126904 0 5000 0 -239 0 18467 0 25325 0 175457 0 0 0 Schedule J, Part I, Line 1a First-class or charter travel BOARD MEMBERS AND CORPORATE OFFICERS MAY TRAVEL 'FIRST CLASS' FOR FOUNDATION-RELATED BUSINESS IF THE TRAVEL TIME EXCEEDS TWO HOURS. ON OCCASION, FOUNDATION STAFF TRAVELING WITH A BOARD MEMBER ON FLIGHTS EXCEEDING TWO HOURS MAY BE UPGRADED TO 'FIRST CLASS'. Schedule J, Part I, Line 1a Travel for companions COMPANION TRAVEL IS PROVIDED IN LIMITED CIRCUMSTANCES AND IS REPORTED AS TAXABLE INCOME TO THE INDIVIDUAL. Schedule J, Part I, Line 4a Severance or change-of-control payment SEVERANCE TOTALING $45,865 WAS PAID TO CHARLES HOKANSON. THE AMOUNT WAS BASED ON HIS LENGTH OF SERVICE. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE BOARD OF DIRECTORS HAS APPROVED THE ESTABLISHMENT OF A 457(F) PLAN FOR EXECUTIVE STAFF. THE PLAN IS AN UNFUNDED PLAN ESTABLISHED AND MAINTAINED FOR THE PRIMARY PURPOSE OF PROVIDING CERTAIN KEY EMPLOYEES WHO CONTRIBUTE TO THE SUCCESS OF THE FOUNDATION WITH THE OPPORTUNITY TO BENEFIT FROM SUPPLEMENTAL FOUNDATION CONTRIBUTIONS OF INCOME. THE PLAN IS INTENDED TO COMPLY IN ALL RESPECTS WITH CODE SECTION 457(F) AND 409A AND THOSE PROVISIONS OF ERISA APPLICABLE TO AN UNFUNDED PLAN MAINTAINED PRIMARILY TO PROVIDE DEFERRED COMPENSATION BENEFITS FOR A SELECT GROUP OF "MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES." Schedule J, Part I, Line 7 Non-fixed payments DISCRETIONARY BONUSES WERE AUTHORIZED BY THE BOARD FOR CERTAIN INDIVIDUALS BASED ON PERFORMANCE. Vince Roig Family member of Officer 360344 Compensation false Jane Roig Family member of Officer 85860 Compensation false Form 990, Part VI, Line 2 Family/business relationships amongst interested persons VINCENT ROIG AND JANE ROIG - Family relationship Form 990, Part VI, Line 11b Review of form 990 by governing body THE FOUNDATION'S SENIOR STAFF AND BOARD OF DIRECTORS (ALL VOTING MEMBERS OF THE GOVERNING BODY) REVIEW AND APPROVE THE FORM 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. THERE ARE SEVERAL REVIEW AND DUE DILIGENCE STEPS THAT OCCUR PRIOR TO THE BOARD RECEIVING THE COMPLETED FORM 990 FOR ITS CONSIDERATION. THE FOUNDATION'S FORM 990 IS PREPARED, REVIEWED AND APPROVED IN THE FOLLOWING MANNER: 1) THE FOUNDATION'S FORM 990 IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTING FIRM IN CONJUNCTION WITH THE FOUNDATION'S CHIEF FINANCIAL OFFICER AFTER COMPLETION OF THE ANNUAL AUDITED FINANCIAL STATEMENTS. THE FORM 990 IS THEN SHARED WITH INDEPENDENT TAX COUNSEL FOR FURTHER REVIEW AND COMMENT. 2) UPON COMPLETION OF THE REVIEW BY INDEPENDENT TAX COUNSEL, THE CHIEF FINANCIAL OFFICER REVIEWS THE FORM 990 AND RELATED SCHEDULES WITH SENIOR STAFF. 3) FOLLOWING THE REVIEW AND CONCURRENCE BY SENIOR STAFF, THE FORM 990 IS REVIEWED WITH THE FOUNDATION'S AUDIT COMMITTEE. THE AUDIT COMMITTEE IS A REGULAR STANDING COMMITTEE OF THE BOARD OF DIRECTORS, AND IT IS CHARGED WITH REVIEWING THE FORM 990. A FULL COPY OF THE FORM 990 AND RELATED SCHEDULES IS PROVIDED TO ALL MEMBERS OF THE AUDIT COMMITTEE AS WELL AS ALL MEMBERS OF THE BOARD OF DIRECTORS (ALL VOTING MEMBERS OF THE GOVERNING BODY) IN ADVANCE OF THE REVIEW MEETING IN ORDER TO GIVE THE AUDIT COMMITTEE MEMBERS AND BOARD MEMBERS AMPLE TIME FOR REVIEW. ONCE THE AUDIT COMMITTEE IS SATISFIED WITH THE FORM 990 REVIEW, IT APPROVES THE FORM 990 AND RECOMMENDS IT TO THE FULL BOARD OF DIRECTORS FOR APPROVAL AND FILING. 4) FOLLOWING APPROVAL AND RECOMMENDATION BY THE AUDIT COMMITTEE, THE BOARD OF DIRECTORS TAKES ACTION ON THE FORM 990. THE CHAIR OF THE AUDIT COMMITTEE PROVIDES THE BOARD OF DIRECTORS WITH AN OVERVIEW OF THE FORM 990 REVIEW CONDUCTED BY THE AUDIT COMMITTEE AND RECOMMENDS APPROVAL BY THE ENTIRE BOARD OF DIRECTORS. IF REQUIRED, THE BOARD OF DIRECTORS MAY FURTHER REVIEW THE FORM 990 AND ENGAGE IN ADDITIONAL DISCUSSIONS. ONCE THE BOARD OF DIRECTORS IS SATISFIED WITH THE FORM 990, IT VOTES ON APPROVAL AND ACCEPTANCE. ONCE APPROVED, SENIOR STAFF IS DIRECTED TO FILE THE FORM 990 WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Line 12c Conflict of interest policy THE FOUNDATION HAS CREATED A COMPREHENSIVE CONFLICT OF INTEREST POLICY FOR THE ENTIRE ORGANIZATION. THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED AT TWO DISTINCT LEVELS OR TIERS WITHIN THE FOUNDATION. THESE TIERS ARE: - BOARD MEMBERS AND OFFICERS - INTERESTED PERSONS - FOUNDATION STAFF - NON-INTERESTED PERSONS THE PRIMARY DISTINGUISHING FACTOR BETWEEN THE TIERS IS WHETHER THE PERSON IS CONSIDERED AN "INTERESTED PERSON." AN INTERESTED PERSON IS DEFINED AS ANY INDIVIDUAL, RELATED PARTY, OR ENTITY IN A POSITION TO EXERCISE CONTROL OR INFLUENCE OVER THE FOUNDATION, INCLUDING, WITHOUT LIMITATION, DIRECTORS, OFFICERS AND MEMBERS OF A COMMITTEE WITH BOARD DELEGATED POWERS, WHO HAVE A DIRECT OR INDIRECT FINANCIAL OR BENEFICIAL INTEREST IN A TRANSACTION WITH THE FOUNDATION. BOARD MEMBERS AND OFFICERS - INTERESTED PERSON: EVERY EMPLOYEE, OFFICER AND BOARD MEMBER RECEIVES A COPY OF THE FOUNDATION'S CONFLICT OF INTEREST POLICY. THE POLICY IS AVAILABLE AND INCORPORATED INTO THE FOUNDATION'S EMPLOYEE HANDBOOK. THE POLICY IS REVIEWED AND SHARED WITH ALL EMPLOYEES (INCLUDING OFFICERS) EVERY JANUARY. ADDITIONALLY, THE BOARD OF DIRECTORS DISCUSS AND REVIEW THE POLICY ANNUALLY. - MONITORING. THE FOUNDATION, IN CONJUNCTION WITH ITS TAX ADVISOR (A NATIONAL CPA FIRM), HAS DEVELOPED AND CUSTOMIZED A COMPREHENSIVE CONFLICT OF INTEREST AND RELATED PARTY TRANSACTION QUESTIONNAIRE. THIS QUESTIONNAIRE ADDRESSES AND ALIGNS WITH THE KEY GOVERNANCE AND POLICY QUESTIONS ASKED IN THE FORM 990. THE QUESTIONNAIRE IS REVIEWED AND UPDATED ANNUALLY. ALL FOUNDATION OFFICERS AND BOARD MEMBERS ARE REQUIRED TO ANSWER THE QUESTIONNAIRE ON AN ANNUAL CYCLE COMMENCING IN JANUARY. ADDITIONALLY, EACH OFFICER AND BOARD MEMBER UPON COMPLETION SIGNS AN ACKNOWLEDGEMENT OF DUTIES, CONFLICT OF INTEREST POLICY AND CONFIDENTIALITY STATEMENT. KEY ELEMENTS OF OUR CONFLICT OF INTEREST POLICY AND BEST PRACTICES OF THE FOUNDATION INCLUDE THE FOLLOWING PROTOCOLS: - DUTY TO DISCLOSE. AN INTERESTED PERSON MUST DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO THE BOARD AND/OR MEMBER OF PERTINENT COMMITTEES OF THE BOARD THAT ARE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. - DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS. A DETERMINATION OF WHETHER THE CONFLICT EXISTS IS MADE BY THE BOARD OR RELEVANT COMMITTEE OF THE BOARD. - PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: * IN THE CASE OF AN ACTUAL CONFLICT OF INTEREST, AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE OF THE BOARD CONCERNING THE TRANSACTION, BUT MAY NOT PARTICIPATE IN ANY DELIBERATION OR VOTE OR FUTURE MEETINGS DURING THE DISCUSSION OF, DELIBERATIONS ABOUT, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. * IF APPROPRIATE, A DISINTERESTED PERSON OR COMMITTEE MAY BE APPOINTED TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION. IF A MORE ADVANTAGEOUS TRANSACTION IS NOT NECESSARILY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE MAY DETERMINE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE FOUNDATION'S BEST INTEREST. * THE INTERESTED PERSON SHALL NOT INFLUENCE OR ATTEMPT TO INFLUENCE THE DECISIONS OF THE BOARD OR COMMITTEE CONSIDERING THE TRANSACTION. - VIOLATIONS OF THE CONFLICT OF INTEREST POLICY. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT AN INTERESTED PERSON HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE INTERESTED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THE INTERESTED PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF THE BOARD OR COMMITTEE DETERMINES THAT THE INTERESTED PERSON HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FOUNDATION STAFF - NON-INTERESTED PERSON: ON AN ANNUAL BASIS AND AS PART OF NEW HIRE ORIENTATION ALL FOUNDATION STAFF (INCLUDING OFFICERS) ARE MADE AWARE OF AND BRIEFED ON THE FOUNDATION'S CONFLICT OF INTEREST POLICY. THE POLICY IS INCLUDED IN THE EMPLOYEE HANDBOOK. EVERY JANUARY, ALL EMPLOYEES SIGN A STATEMENT ACKNOWLEDGING THAT THEY HAVE READ, UNDERSTAND AND AGREE TO COMPLY WITH THE FOUNDATION'S CONFLICT OF INTEREST POLICY. - MONITORING. EVERY JANUARY EACH EMPLOYEE (INCLUDING OFFICERS) PREPARES AND SIGNS AN ANNUAL CONFIDENTIALITY AND CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE STATEMENT ADDRESSES THE EMPLOYEE'S DUTY TO DISCLOSE ANY POTENTIAL OR ACTUAL DUALITY OF INTEREST OR CONFLICT OF INTEREST. ALL EMPLOYEES ARE REQUIRED TO MAKE PROMPT AND FULL DISCLOSURE IN WRITING TO THEIR MANAGER OF ANY POTENTIAL SITUATION WHICH MAY INVOLVE A CONFLICT OF INTEREST. - PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST. EMPLOYEES WITH A CONFLICT OF INTEREST QUESTION SHOULD SEEK ADVICE FROM MANAGEMENT. PRIOR TO ENGAGING IN ANY ACTIVITY, TRANSACTION, OR RELATIONSHIP THAT MAY GIVE RISE TO A CONFLICT OF INTEREST, EMPLOYEES MUST SEEK REVIEW FROM THEIR MANAGERS OR THE HUMAN RESOURCE DEPARTMENT. THE PRESIDENT AND CHIEF EXECUTIVE OFFICER WILL MAKE THE FINAL DETERMINATION IF THE MATTER REMAINS UNRESOLVED. ANY VIOLATION OF THIS POLICY WILL SUBJECT THE EMPLOYEE OF THE FOUNDATION TO DISCIPLINARY ACTION UP TO AND INCLUDING TERMINATION. Form 990, Part VI, Line 15a Process to establish compensation of top management official COMPENSATION FOR THE FOLLOWING POSITIONS IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS ANNUALLY. CHAIRMAN OF THE BOARD PRESIDENT AND CHIEF EXECUTIVE OFFICER EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER THE MOST RECENT FORMAL COMPENSATION STUDY WAS CONDUCTED BY AN INDEPENDENT OUTSIDE CONSULTING FIRM IN 2024. - THE PROCESS FOR DETERMINING SENIOR STAFF COMPENSATION COMMENCES WITH AN ANNUAL PERFORMANCE REVIEW FOR EACH POSITION. - SALARY RANGES FOR EACH POSITION ARE DETERMINED BY THE FOUNDATION'S PARTICIPATION AND REVIEW OF MULTIPLE SALARY SURVEYS FOR COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED INDIVIDUALS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED LIKE-KIND ORGANIZATIONS. - THE BOARD REVIEWS PERFORMANCE, THE SALARY SURVEYS, AND ANY OTHER COMPARABILITY DATA. ANY RECOMMENDED ADJUSTMENT IS DISCUSSED AND APPROVED BY THE BOARD OF DIRECTORS. - CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DISCUSSION AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT ARE REFLECTED IN THE BOARD MINUTES. Form 990, Part VI, Line 15b Process to establish compensation of other employees See Line 15a disclosure Form 990, Part VI, Line 19 Required documents available to the public THE FOLLOWING FOUNDATION DOCUMENTS ARE NOT REQUIRED TO BE MADE AVAILABLE TO THE GENERAL PUBLIC. - GOVERNING DOCUMENTS - FINANCIAL STATEMENTS - CONFLICT OF INTEREST POLICY CERTAIN DOCUMENTS AND FINANCIAL INFORMATION MAY BE FOUND THROUGH OTHER SOURCES SUCH AS THE ARIZONA CORPORATION COMMISSION OR GUIDESTAR. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CANCELLED GRANTS - 250000; OLYMPUS PROPERTIES I LLC 4747 N 32ND STREET PHOENIX AZ 85018 942850977 REAL ESTATE AZ 0 0 HELIOS OLYMPUS PROPERTIES II LLC 4747 N 32ND STREET PHOENIX AZ 85018 942850977 REAL ESTATE AZ 0 58176159 HELIOS