Eleos Foundation
- Assets
- $1.3m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Normal, IL
- Founding
- Data as of
- 12/2021
- EIN
- 87-2934139
Organization Overview
Eleos Foundation is located in Normal, IL.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING COMMUNITY PROJECTS AROUND THE WORLD WITH AN EMPHASIS ON EDUCATION, HEALTH, WELL BEING AND CRISIS SUPPORT.THE PURPOSES FOR WHICH THE ELEOS FOUNDATION IS ORGANIZED ARE EXCLUSIVELY CHARITABLE, RELIGIOUS, EDUCATIONAL, SCIENTIFIC, AND LITERARY. THE ELEOS FOUNDATION PLANS ON MAKING DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW. THE ELEOS FOUNDATION ALSO PLANS ON PROVIDING FINANCIAL ASSISTANCE TO MINISTRIES AND SCHOOLS IN EASTERN AFRICA TO FURTHER ITS EDUCATIONAL, RELIGIOUS, AND OVERALL CHARITABLE PURPOSES.IT IS ANTICIPATED THAT THE ELEOS FOUNDATION WILL BE AN OPERATING AND GRANT MAKING ORGANIZATION, PROVIDING FINANCIAL ASSISTANCE TO MINISTRIES AND MAKING GRANTS TO CHARITABLE ORGANIZATIONS THAT FURTHER THE GOALS WITHIN THE SCOPE OF ITS PURPOSE. THE BOARD OF DIRECTORS WILL APPROVE OPERATIONS AND GRANTS AT ITS DIRECTORS ME
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Rader Treasurer | 0 | $0 | |
Amy Hughes Secretary | 0 | $0 | |
Matt Hughes President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,310,000 |
| Interest on Savings | $1 |
| 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 | $1,310,001 |
| 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 | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $18,540 |
| Total expenses and disbursements | $18,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,294,701 |
| 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 | $1,294,701 |
| 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 | $3,240 |
| Total liabilities | $3,240 |
Grants Awarded
Over the last fiscal year, Eleos Foundation has awarded $18,540 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICA INLAND CHURCH TANZANIA AICT PURPOSE: ASSISTANCE FOR HOUSING FOR MINISTERS | $7,500 |
AFRICA INLAND CHURCH TANZANIA AICT PURPOSE: POULTRY HOUSE EXPANSION | $5,500 |
AFRICA INLAND CHURCH TANZANIA AICT PURPOSE: TOOLBOXES FOR TCRC SHOP | $3,240 |
AFRICA INLAND CHURCH TANZANIA AICT PURPOSE: MATERNITY WARD | $2,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Association Of Sheet Metal Air Rail & Transportation Parma, OH | $15,017,637 | $10,750,864 |
Parkway Village Inc Little Rock, AR | $46,357,587 | $10,218,970 |
Western Illinois Electrical Coop Carthage, IL | $25,735,291 | $9,998,239 |
Safe Families For Children Alliance Chicago, IL | $3,523,068 | $9,924,305 |
Affordable Housing Partners Inc Carmel, IN | $150,650,716 | $9,214,618 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
Healing Place Inc Louisville, KY | $37,666,074 | $13,853,449 |
Douglass Community Services Inc Hannibal, MO | $3,361,431 | $10,312,306 |
Cox Health Systems Hmo Inc Springfield, MO | $37,618,692 | $12,571,299 |
Michigan Nonprofit Association Lansing, MI | $6,155,794 | $10,465,564 |
Independent Living Services Inc Conway, AR | $17,341,970 | $13,877,516 |
Bell-Whitley Community Action Agency Inc Pineville, KY | $7,463,214 | $9,666,646 |