Eliseo Foundation
- Assets
- $7.2m
- Revenue
- $786.1k
- Investments
- $178.5k
- Employees
- 0
- Location
- Tacoma, WA
- Founding
- 06/1987
- Data as of
- 12/2021
- EIN
- 94-3031579
Organization Overview
Eliseo Foundation is located in Tacoma, WA. The organization was established in 1987. According to its NTEE Classification (I40) the organization is classified as: Rehabilitation Services for Offenders, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eliseo 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, Eliseo Foundation generated $786.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $392.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 7 years. 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
TO ENABLE ELISEO TO ENHANCE SERVICES TO THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION EXPENSES ARE RELATED TO ENABLING ELISEO TO EXPAND ITS SERVICES TO THE ELDERLY COMMUNITY. ELISEO IS A NON-DENOMINATIONAL SENIOR COMMUNITY WHERE RESIDENTS FIND TRUE KINSHIP AND FUN. IT IS THE ONLY NONPROFIT CAMPUS IN PIERCE COUNTY THAT OFFERS A FULL CONTINUUM OF QUALITY CARE AT AN AFFORDABLE PRICE AND PARTICIPATES IN MEDICARE AND MEDICAID.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Streleski Chair | OfficerTrustee | 2 | $0 |
Stephanie Schramm Vice Chair | OfficerTrustee | 2 | $0 |
Molly Axworthy Secretary | OfficerTrustee | 2 | $0 |
Dick Beeson Treasurer | OfficerTrustee | 2 | $0 |
David Hoffman CFO | Officer | 2.5 | $0 |
R Kevin Mcfeely President/ceo | Officer | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $37,045 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $241,511 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $278,556 |
| Total Program Service Revenue | $0 |
| Investment income | $106,861 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $406,847 |
| Net Income from Fundraising Events | -$6,206 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $786,058 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $184,984 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $87,744 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,612 |
| Payroll taxes | $6,752 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $55,250 |
| Fees for services: Other | $15,093 |
| Advertising and promotion | $5,437 |
| Office expenses | $11,080 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $622 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $392,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $7,028,791 |
| Investments—other securities | $178,514 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,548 |
| Total assets | $7,240,853 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $5,896,424 |
| Net assets with donor restrictions | $1,344,429 |
| 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 | $7,240,853 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Eliseo Foundation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Multicare Health System Tacoma, WA PURPOSE: CONTRIBUTION FROM THE MULTICARE COMMUNITY PARTNERSHIP FUND: GENERAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $5,937,492 |
| Earnings | $131,039 |
| Net Contributions | $44,029 |
| Other Expense | $34,502 |
| Ending Balance | $6,078,058 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pathfinders Of Oregon Portland, OR | $3,111,510 | $5,198,513 |
Sponsors Inc Eugene, OR | $6,830,630 | $4,171,761 |
Freedom Project Renton, WA | $1,216,921 | $3,690,803 |
The Prison Scholar Fund Seattle, WA | $23,697 | $1,210,114 |
Community Work Training Association Blaine, WA | $35,647 | $1,012,823 |
Free On The Outside Oregon City, OR | $148,177 | $886,397 |
If Project Seattle, WA | $327,652 | $261,134 |
Freedom Education Project Puget Sound Seattle, WA | $875,131 | $362,508 |
Star Project Walla Walla, WA | $113,788 | $535,478 |
Unloop Seattle, WA | $256,086 | $263,522 |
Eliseo Foundation Tacoma, WA | $7,240,853 | $786,058 |
The Insight Alliance Portland, OR | $223,680 | $344,750 |