Elias Charitable Foundation

Nonprofit profile at a glance

EIN
454677611
IRS 990-EZ coverage
2017–2024
Forms available
Form 990 2019, Form 990-EZ 2024
Location
Los Angeles, CA, USA
Phone
3104755251
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$10,559
Expenses
$3,520
Assets
$186,498
Liabilities
$38,596

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • BENJAMIN ELIAS (PRESIDENT/TREAS)

People named in this filing

  • BENJAMIN ELIAS (PRESIDENT/TREAS)
  • RYLLA ELIAS (Secretary)
  • MICHELLE SPATAFORE (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organizations purpose is to award grants to other organizations that help the public with educational, health, religious or other programs for the public. Sometimes grants are awarded to individuals to help with their living or medicalexpenses.

What it reported doing in 2024

A grant was awarded to an individual for living expenses

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 83% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 50
  • Transparency & Controls: 82
  • Sustainability: 82
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 28.6%; rating input score 29
  • Program expense ratio: 85.8%; rating input score 86

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 66.7%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 52.98; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0.21; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -36.5% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: -8% per year; rating input score 0; 28th percentile among comparable filings
  • Asset growth: -9.5% per year; rating input score 0; 18th percentile among comparable filings

Details

  • Where the money goes: 28.6% of revenue deployed · 85.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $3K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 29/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.