Eleos Foundation is located in Excelsior, MN. The organization was established in 1991. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eleos Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Eleos Foundation generated $62.5k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $68.9k during the year ending 06/2024. While expenses have increased by 21.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Eleos Foundation has awarded 216 individual grants totaling $916,849. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR MINISTRIES ADMINISTERED BY OTHER 501(C)(3) ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Diana Evert President | 5 | $0 | |
Harry Evert Vice President | 3 | $0 | |
Sheila Halvorson Director | 2 | $0 | |
Maria Robles Director | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $62,500 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $62,500 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $663 |
Total operating and administrative expenses | $2,353 |
Contributions, gifts, grants paid | $66,500 |
Total expenses and disbursements | $68,853 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,112 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $3,112 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Eleos Foundation has awarded $66,500 in support to 30 organizations.
Grant Recipient | Amount |
---|---|
ACT UNITED PURPOSE: SUPPORT FOR MINISTRIES | $1,000 |
BIBLE SOCIETY OF ISRAEL PURPOSE: SUPPORT FOR MINISTRIES | $27,000 |
AMERICANS FOR ISRAEL PURPOSE: SUPPORT FOR MINISTRIES | $200 |
BOYS TOWN PURPOSE: SUPPORT FOR MINISTRIES | $300 |
CBN PURPOSE: SUPPORT FOR MINISTRIES | $400 |
CHRIST COMMUNITY CHURCH PURPOSE: SUPPORT FOR MINISTRIES | $2,900 |