Nonprofit · EIN 94-2850977
HELIOS EDUCATION FOUNDATION
Tax-exempt · PHOENIX, AZ 85018
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $52,419,531 | $39,635,771 | $12,783,760 | $879,721,019 | $32,962,493 | $846,758,526 |
| September 30, 2024 | 990 | $34,576,005 | $41,951,459 | -$7,375,454 | $832,856,270 | $37,726,708 | $795,129,562 |
| September 30, 2023 | 990 | -$12,696,190 | $36,928,499 | -$49,624,689 | $740,953,286 | $30,496,388 | $710,456,898 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $52,419,531
- Net gain from sales of assets
- -$793,436
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $19,622,037
- Compensation of officers, directors and key employees
- $4,026,060
- Other salaries and wages
- $3,132,066
- Salaries, compensation and benefits (total)
- $9,394,726
- Professional fundraising fees
- $0
- Legal fees
- $74,106
- Accounting fees
- $154,690
- Occupancy
- $1,121,306
- Travel
- $353,514
- Depreciation
- $2,984,325
- Program services (functional)
- $32,407,512
- Management and general (functional)
- $7,228,259
Balance sheet and other
- Total assets, start of year
- $832,856,270
- Total assets, end of year
- $879,721,019
- Total liabilities, end of year
- $32,962,493
- Net assets, end of year
- $846,758,526
- Land, buildings and equipment
- $64,541,869
- Publicly traded securities
- $494,557,979
- Net assets without donor restrictions
- $846,758,526
- Gross unrelated business income
- -$1,021,541
- Gross receipts
- $216,258,862
- Employees
- 39
- Volunteers
- 0
- Year formed
- 2004
- State of legal domicile
- AZ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAUL LUNA | PRESIDENT AND CEO Trustee or director, Officer | 40 | $638,325 | $86,317 |
| BARBARA RYAN THOMPSON | EXECUTIVE VICE PRESIDENT & COO Officer | 40 | $453,966 | $75,654 |
| MICHAEL CHESIN | SENIOR VICE PRESIDENT & CFO Officer | 40 | $375,123 | $87,516 |
| VINCENT ROIG | CHAIRMAN Trustee or director, Officer | 20 | $345,779 | $39,495 |
| STACY BAIER | SVP FL COMMUNITY ENGAGEMENT, OPS, STRATEGIC PSHPS Key employee | 40 | $265,733 | $102,437 |
| PAUL PERRAULT | SVP COMMUNITY IMPACT & LEARNING Key employee | 40 | $262,131 | $100,118 |
| VINCE YANEZ | SVP AZ COMMUNITY ENGAGEMENT Key employee | 40 | $268,977 | $77,602 |
| JANICE PALMER | SVP GOVERNMENT AFFAIRS & PUBLIC POLICY Key employee | 40 | $253,089 | $62,979 |
| TINA DENICOLE | VP FINANCE AND ADMINISTRATION Highest-paid employee | 40 | $207,226 | $44,649 |
| ZACHARY FONTES | DIRECTOR OF TECHNOLOGY Highest-paid employee | 40 | $156,039 | $67,569 |
| LAUREN M CORTINAS | SENIOR VICE PRESIDENT, COMMUNICATIONS Key employee | 40 | $173,350 | $46,730 |
| JULIE NORWOOD | VP GRANTS AND PROJECT MANAGEMENT Highest-paid employee | 40 | $146,387 | $49,141 |
| NOEL MCCLAIN | SENIOR DIRECTOR, HUMAN RESOURCES Highest-paid employee | 40 | $140,888 | $48,581 |
| TAMMI CRUM | DIRECTOR, EXECUTIVE SERVICES Highest-paid employee | 40 | $136,585 | $40,662 |
| JANE ROIG | VICE-CHAIR Trustee or director, Officer | 10 | $90,643 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TOM HERNDON | DIRECTOR Trustee or director | 6 | $62,546 |
| MARIA SASTRE | DIRECTOR Trustee or director | 6 | $62,238 |
| MARK FERNANDEZ | DIRECTOR Trustee or director | 6 | $62,164 |
| VADA MANAGER | DIRECTOR & TREASURER Trustee or director, Officer | 6 | $57,725 |
| DON ARIPOLI | DIRECTOR Trustee or director | 6 | $57,035 |
| IOANNA MORFESSIS | DIRECTOR Trustee or director | 6 | $54,860 |
| STEVEN WHEELER | DIRECTOR & SECRETARY Trustee or director, Officer | 6 | $52,109 |
| LARRY RICE | DIRECTOR Trustee or director | 6 | $50,815 |
| JAMES SWANSON | DIRECTOR Trustee or director | 6 | $47,033 |
| CHEVY HUMPHREY | DIRECTOR Trustee or director | 6 | $46,693 |
990 for the year ended September 30, 2024: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAUL LUNA | PRESIDENT AND CEO Trustee or director, Officer | 40 | $624,976 | $82,979 |
| BARBARA RYAN THOMPSON | EXECUTIVE VICE PRESIDENT & COO Officer | 40 | $449,725 | $70,916 |
| MICHAEL CHESIN | SENIOR VICE PRESIDENT & CFO Officer | 40 | $366,414 | $82,540 |
| VINCENT ROIG | CHAIRMAN Trustee or director, Officer | 20 | $323,037 | $37,307 |
| PAUL PERRAULT | SVP COMMUNITY IMPACT & LEARNING Key employee | 40 | $252,039 | $93,610 |
| VINCE YANEZ | SVP AZ COMMUNITY ENGAGEMENT Key employee | 40 | $266,748 | $72,959 |
| JANICE PALMER | SVP GOVERNMENT AFFAIRS & PUBLIC POLICY Key employee | 40 | $250,630 | $57,093 |
| TINA DENICOLE | VP FINANCE AND ADMINISTRATION Highest-paid employee | 40 | $205,150 | $41,533 |
| ZACHARY FONTES | DIRECTOR OF TECHNOLOGY Highest-paid employee | 40 | $150,872 | $62,729 |
| TRAVIS REINDL | SVP COMMUNICATIONS Key employee | 40 | $185,822 | $27,719 |
| CHARLES HOKANSON | SVP FL COMMUNITY ENGAGEMENT Key employee | 40 | $171,123 | $31,144 |
| JULIE NORWOOD | VP GRANTS AND PROJECT MANAGEMENT Highest-paid employee | 40 | $139,323 | $45,201 |
| TAMMI CRUM | DIRECTOR, EXECUTIVE SERVICES Highest-paid employee | 40 | $134,779 | $43,018 |
| NOEL MCCLAIN | SENIOR DIRECTOR, HUMAN RESOURCES Highest-paid employee | 40 | $131,665 | $43,792 |
| JANE ROIG | VICE-CHAIR Trustee or director, Officer | 10 | $85,860 | $0 |
| MARIA SASTRE | DIRECTOR Trustee or director | 6 | $61,172 | $0 |
| MARK FERNANDEZ | DIRECTOR Trustee or director | 6 | $58,533 | $0 |
| DON ARIPOLI | DIRECTOR Trustee or director | 6 | $57,154 | $0 |
| TOM HERNDON | DIRECTOR Trustee or director | 6 | $56,056 | $0 |
| VADA MANAGER | DIRECTOR & TREASURER Trustee or director, Officer | 6 | $54,384 | $0 |
| IOANNA MORFESSIS | DIRECTOR Trustee or director | 6 | $51,860 | $0 |
| LARRY RICE | DIRECTOR Trustee or director | 6 | $50,721 | $0 |
| STEVEN WHEELER | DIRECTOR & SECRETARY Trustee or director, Officer | 6 | $48,958 | $0 |
| CHEVY HUMPHREY | DIRECTOR Trustee or director | 6 | $45,558 | $0 |
| JAMES SWANSON | DIRECTOR Trustee or director | 6 | $44,797 | $0 |
990 for the year ended September 30, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAUL LUNA | PRESIDENT AND CEO Trustee or director, Officer | 40 | $583,517 | $78,086 |
| BARBARA RYAN THOMPSON | EXECUTIVE VICE PRESIDENT & COO Officer | 40 | $429,758 | $66,675 |
| MICHAEL CHESIN | SENIOR VICE PRESIDENT & CFO Officer | 40 | $342,356 | $76,940 |
| VINCENT ROIG | CHAIRMAN Trustee or director, Officer | 20 | $307,163 | $35,841 |
| VINCE YANEZ | SVP AZ COMMUNITY ENGAGEMENT Key employee | 40 | $231,628 | $85,675 |
| PAUL PERRAULT | SVP COMMUNITY IMPACT & LEARNING Key employee | 40 | $232,262 | $84,690 |
| CHARLES HOKANSON | SVP FL COMMUNITY ENGAGEMENT Key employee | 40 | $226,083 | $48,300 |
| JANICE PALMER | SVP GOVERNMENT AFFAIRS & PUBLIC POLICY Key employee | 40 | $224,891 | $48,356 |
| BRAULIO COLON | VP FL STUDENT SUCCESS INITIATIVES Highest-paid employee | 40 | $181,881 | $60,497 |
| TINA DENICOLE | VP FINANCE AND ADMINISTRATION Highest-paid employee | 40 | $182,693 | $35,638 |
| GRACE MASEDA | VP COMMUNICATIONS FL Highest-paid employee | 40 | $144,031 | $55,075 |
| ZACHARY FONTES | DIRECTOR OF TECHNOLOGY Highest-paid employee | 40 | $133,073 | $49,488 |
| JULIE NORWOOD | VP GRANTS AND PROJECT MANAGEMENT Highest-paid employee | 40 | $134,729 | $40,129 |
| JANE ROIG | VICE-CHAIR Trustee or director, Officer | 10 | $86,360 | $0 |
| TOM HERNDON | DIRECTOR Trustee or director | 6 | $70,163 | $0 |
| VADA MANAGER | DIRECTOR & TREASURER Trustee or director, Officer | 6 | $66,240 | $0 |
| IOANNA MORFESSIS | DIRECTOR Trustee or director | 6 | $65,360 | $0 |
| MARK FERNANDEZ | DIRECTOR Trustee or director | 6 | $64,443 | $0 |
| DON ARIPOLI | DIRECTOR Trustee or director | 6 | $61,543 | $0 |
| MARIA SASTRE | DIRECTOR Trustee or director | 6 | $60,698 | $0 |
| STEVEN WHEELER | DIRECTOR & SECRETARY Trustee or director, Officer | 6 | $54,569 | $0 |
| JAMES SWANSON | DIRECTOR Trustee or director | 6 | $42,527 | $0 |
| LARRY RICE | DIRECTOR Trustee or director | 6 | $37,257 | $0 |
| CHEVY HUMPHREY | DIRECTOR Trustee or director | 6 | $25,527 | $0 |
Address and contacts
- Address (IRS master file)
- 4747 N 32ND ST, PHOENIX, AZ 85018-3306
- In care of
- % MICHAEL CHESIN
- Principal officer (990 for 2024)
- PAUL LUNA, 4747 N 32ND STREET, PHOENIX, AZ 85018
- Signed the 990
- PAUL LUNA, PRESIDENT & CEO
- Phone
- (602) 381-2260
- Website
- WWW.HELIOS.ORG
- Return prepared by
- ERNST & YOUNG US LLP
Mission
TO ENRICH THE LIVES OF INDIVIDUALS IN ARIZONA AND FLORIDA BY CREATING OPPORTUNITIES FOR SUCCESS IN POST-SECONDARY EDUCATION.
Program accomplishments
- 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.Expenses $32,407,512 · grants $19,622,037
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 94-2850977
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1983
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W600)
- Assets (IRS master file)
- $879,721,019
- Income (IRS master file)
- $216,258,862
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $52,419,531 | $39,635,771 | $879,721,019 | XML |
| 990-T | September 2025 | – | – | – | IRS |
| 990 | September 2024 | $34,576,005 | $41,951,459 | $832,856,270 | XML |
| 990-T | September 2024 | – | – | – | IRS |
| 990 | September 2023 | -$12,696,190 | $36,928,499 | $740,953,286 | XML |
| 990-T | September 2023 | – | – | – | IRS |
| 990 | September 2022 | $21,760,037 | $39,411,328 | $702,121,235 | IRS |
| 990-T | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-T | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-2850977).
Questions about HELIOS EDUCATION FOUNDATION
- What is the EIN of HELIOS EDUCATION FOUNDATION?
- The employer identification number (EIN) of HELIOS EDUCATION FOUNDATION is 94-2850977.
- Is HELIOS EDUCATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to HELIOS EDUCATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HELIOS EDUCATION FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HELIOS EDUCATION FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HELIOS EDUCATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of HELIOS EDUCATION FOUNDATION?
- The 990 for the year ended September 30, 2025 names PAUL LUNA.
- Who are the officers and directors of HELIOS EDUCATION FOUNDATION?
- The 990 for the year ended September 30, 2025 lists 25 people; 25 received compensation from the organization, the highest $638,325 (PAUL LUNA, PRESIDENT AND CEO).
- How much revenue does HELIOS EDUCATION FOUNDATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $52,419,531, expenses of $39,635,771 and total assets of $879,721,019 at year end.
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