Elpis Enterprises
- Assets
- $399.2k
- Revenue
- $664.3k
- Investments
- $0.0
- Employees
- 20
- Location
- St Paul, MN
- Founding
- 08/2003
- Data as of
- 12/2021
- EIN
- 56-2318910
Organization Overview
Elpis Enterprises is located in St Paul, MN. The organization was established in 2003. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Elpis Enterprises employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elpis Enterprises 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 12/2021, Elpis Enterprises generated $664.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $536.7k during the year ending 12/2021. While expenses have increased by 10.2% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOSTERING YOUTH EMPLOYMENT AND CAREER PATHWAY BUILDING THROUGH SOCIAL ENTERPRISE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPLOYMENT READINESS TRAINING: IN 2021, WE WORKED WITH A TOTAL OF 26 YOUNG PEOPLE WITH 22 ENROLLING IN 2021. OF THE 23 TRAINEES WHO COMPLETED OUR PROGRAM IN 2021, 83% ACHIEVED MEANINGFUL OUTCOMES (DEFINED AS GAINING IMMEDIATE POST-ELPIS EMPLOYMENT AND/OR CONTINUING THEIR EDUCATION RELATED TO THEIR CAREER GOALS). ADDITIONALLY, 3 OUT OF 4 GRADUATES WOULD RECOMMEND OUR PROGRAM.SOCIAL ENTERPRISE BASED TRAINING: WE WORKED WITH 24 TRAINEES IN OUR SOCIAL ENTERPRISES DURING 2021. THIS IS A REQUIRED COMPONENT. EACH TRAINEE RECEIVED 240 HOURS OF COACHING AND MENTORING IN DEVELOPING STRONG SOFT SKILLS AND INTRODUCTORY TECHNICAL SKILLS, AS WELL AS CAREER COUNSELING. OF THE 18 COMPLETING THIS COMPONENT IN 2021, 83% ACHIEVED MEANINGFUL OUTCOMES AS OF JANUARY 2022. CONTINUED ON SCH. O.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Ramsour Executive Dir. | OfficerTrustee | 40 | $63,810 |
Tim Dyrhaug Chairman | OfficerTrustee | 1 | $0 |
Hannah Hugen Treasurer | OfficerTrustee | 1 | $0 |
Nicola Giusti Secretary | OfficerTrustee | 1 | $0 |
Aneesha Kelly Director | Trustee | 1 | $0 |
Marney Thomas Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $191,357 |
| All other contributions, gifts, grants, and similar amounts not included above | $357,198 |
| Noncash contributions included in lines 1a–1f | $4,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $548,555 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $115,714 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $664,269 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,244 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $63,810 |
| Compensation of current officers, directors, key employees. | $6,381 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $284,262 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,674 |
| Payroll taxes | $26,294 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,692 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,620 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,000 |
| Advertising and promotion | $8,190 |
| Office expenses | $13,644 |
| Information technology | $3,357 |
| Royalties | $0 |
| Occupancy | $50,660 |
| Travel | $1,618 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,053 |
| Interest | $154 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,857 |
| Insurance | $10,704 |
| All other expenses | $9,412 |
| Total functional expenses | $536,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,104 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $100,636 |
| Accounts receivable, net | $36,048 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $91,442 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $399,230 |
| Accounts payable and accrued expenses | $14,069 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $10,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,069 |
| Net assets without donor restrictions | $375,161 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $399,230 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Elpis Enterprises has recieved totaling $105,016.
| Awarding Organization | Amount |
|---|---|
Otto Bremer Trust St Paul, MN PURPOSE: GENERAL OPERATIONS | $30,000 |
Sundance Family Foundation St Paul, MN PURPOSE: SEE ATTACHMENT 1 | $25,000 |
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $15,000 |
F R Bigelow Foundation Trust 555 St Paul, MN PURPOSE: DEEPENING CAREER PATHWAY SUPPORT SERVICES FOR YOUNG PEOPLE EXPERIENCING HOMELESSNESS | $15,000 |
Metropolitan Consortium Of Community Developers Minneapolis, MN PURPOSE: COVID RELIEF GRANT | $15,000 |
Jim & Yvonne Sexton Family Foundation Loretto, MN PURPOSE: EMPLOYMENT READINESS FOR HOMELESS YOUTH | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youth And Shelter Services Inc Ames, IA | $20,702,397 | $24,039,614 |
The Link Minneapolis, MN | $6,613,404 | $13,474,275 |
Youth Emergency Services & Shelter Of Iowa Des Moines, IA | $0 | $217,505 |
Boys & Girls Club Fox Valley Inc Appleton, WI | $26,027,679 | $9,240,725 |
Nexus-Kindred Family Healing Plymouth, MN | $839,964 | $6,183,388 |
Youthlink Minneapolis, MN | $7,176,336 | $4,645,076 |
Pathfinders Milwaukee Inc Milwaukee, WI | $3,323,212 | $6,489,497 |
Face To Face Health & Counseling Service Inc St Paul, MN | $2,240,390 | $4,777,306 |
Alia St Paul, MN | $2,112,813 | $3,052,828 |
Youth Investment Foundation Medina, MN | $3,022,815 | $3,565,065 |
Ain Dah Yung Our Home Center St Paul, MN | $2,593,572 | $3,707,790 |
Positive Alternatives Inc Menomonie, WI | $2,331,040 | $3,405,392 |