Helaine Edgar Opportunity Foundation
- Assets
- $2.5m
- Revenue
- $1.6m
- Investments
- $383.7k
- Employees
- 0
- Location
- Wayland, MA
- Founding
- Data as of
- 12/2022
- EIN
- 86-2580241
Organization Overview
Helaine Edgar Opportunity Foundation is located in Wayland, MA. 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. Helaine Edgar Opportunity 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 12/2022, Helaine Edgar Opportunity Foundation generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $207.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Helaine Edgar Opportunity Foundation has awarded 40 individual grants totaling $343,550. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Strauss President | 0 | $0 | |
Joshua Strauss Secretary/tr | 0 | $0 | |
Kalman Strauss Director | 0 | $0 | |
Adam Strauss President | 0 | $0 | |
Joshua Strauss Secretary/tr | 0 | $0 | |
Kalman Strauss Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,720,517 |
| Interest on Savings | $7 |
| Dividends & Interest | $5,997 |
| Net Rental Income | -$7,889 |
| Net Gain on Sale of Assets | -$104,334 |
| Capital Gain Net Income | $1,782,071 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$7,908 |
| Total Revenue | $1,614,272 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $382 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $208 |
| Total operating and administrative expenses | $46,723 |
| Contributions, gifts, grants paid | $160,500 |
| Total expenses and disbursements | $207,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,562 |
| Savings and temporary cash investments | $101,861 |
| Net Accounts receivable | $1,987,120 |
| 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 | $52,740 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,987,120 |
| Total assets | $2,496,226 |
| Accounts payable and accrued expenses | $9,774 |
| 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 | $41,399 |
| Total liabilities | $9,774 |
Grants Awarded
Over the last fiscal year, Helaine Edgar Opportunity Foundation has awarded $341,500 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
ISAI ARGUETA PURPOSE: SCHOLARSHIP | $4,500 |
JAZMINE SAAVEDRA PURPOSE: SCHOLARSHIP | $6,000 |
GROWING HOME INC PURPOSE: GRANT | $10,000 |
ISAI ARGUETA PURPOSE: SCHOLARSHIP | $4,500 |
JAZMINE SAAVEDRA PURPOSE: SCHOLARSHIP | $6,000 |
RYAN BANKS ACADEMY PURPOSE: GENERAL GRANT | $10,000 |