Elpis Foundation
- Assets
- $0.0
- Revenue
- $967.0k
- Investments
- $5.4m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 04/2006
- Data as of
- 12/2021
- EIN
- 20-2033062
Organization Overview
Elpis Foundation is located in Tulsa, OK. The organization was established in 2006. 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. Elpis 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 12/2021, Elpis Foundation generated $967.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 26.7% each year . All expenses for the organization totaled $261.0k during the year ending 12/2021. While expenses have increased by 1.4% per year over the past 6 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 2016, Elpis Foundation has awarded 84 individual grants totaling $1,509,326. 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 |
|---|---|---|---|
John G Nikkel Trustee | 0 | $0 | |
Carole A Nikkel Trustee | 0 | $0 | |
Robert E Nikkel Trustee | 0 | $0 | |
Melody A Mcsparran Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $163 |
| Dividends & Interest | $278,894 |
| Profit on Inventory Sales | $0 |
| Other Income | -$7,250 |
| Total Revenue | $967,035 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $26,017 |
| Contributions, gifts, grants paid | $235,000 |
| Total expenses and disbursements | $261,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $289,659 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $39,853 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Elpis Foundation has awarded $280,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CHRIST FOR HUMANITY PURPOSE: GENERAL FUND. | $5,000 |
FELLOWSHIP OF CHRISTIAN ATHLETES PURPOSE: GENERAL FUND | $5,000 |
CRISTO REY KANSAS CITY PURPOSE: GENERAL FUND. | $40,000 |
CROSSOVER PREP ACADEMY PURPOSE: GENERAL FUND. | $80,000 |
ELAM MINISTRIES PURPOSE: GENERAL FUND. | $30,000 |
KANSAS CITY CHRISTIAN SCHOOL PURPOSE: GENERAL FUND. | $30,000 |