The Elpis Foundation

990EZ • Fiscal year 2020 • EIN 26-3003974

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 10, 2021

Organization Profile WWW.ELPISFOUNDATION.COM

622 S Dehli StreetPhiladelphia, PA 19130

(610) 357-1928

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

-51%

Higher net margin than 12% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

-9.5%

Faster asset growth than 28% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

-95%

Faster revenue growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

$24,481

Down $2,557 (-9.5%) from 2019

Net Assets

Down

$24,481

Down $2,197 (-8.2%) from 2019

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin12th percentile

Revenue

Down

$4,315

Down $88,739 (-95%) from 2019

Expenses

Down

$6,512

Down $85,698 (-93%) from 2019

Net Income

Down

-$2,197

Down $3,041 (-360%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2020

Assets$24,481

Liabilities-

Net Assets$24,481

Open 2020 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2020

Revenue$4,315

Expenses$6,512

Net Income-$2,197

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2019 to Jun 30, 2020
Signed: Feb 10, 2021
Return Version: 2019v5.0
Gross Receipts: $4,315

Mission and Program Overview

Mission

To foster and promote the advancement and public awareness and charity towards the research and care for those in need of physical or mental assistance, and encourage development and support the welfare of communities and/or geographic regions, specifically those under circumstantial duress.

Program Services

Description	Grants	Expenses
TO FOSTER AND PROMOTE THE ADVANCEMENT AND PUBLIC AWARENESS AND CHARITY TOWARDS THE RESEARCH AND CARE FOR THOSE IN NEED OF PHYSICAL OR MENTAL ASSISTANCE, AND ENCOURAGE DEVELOPMENT AND SUPPORT THE WELFARE OF COMMUNITIES AND/OR GEOGRAPHIC REGIONS, SPECIFICALLY THOSE UNDER CIRCUMSTANTIAL DURESS.	-	$5,539

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
PATRICK J MCNICHOL	President	PT	$0	-	-
COREY M TALONE	Treasurer	PT	$0	-	-
JAMES D KRUGH	Secretary	PT	$0	-	-
ERIK T CHRISTIAN	Vice Preside	PT	$0	-	-

Filing and Contact Details

Filer

Filer Name: The Elpis Foundation
EIN: 26-3003974
Phone: 6103571928
Address: 622 S DEHLI STREET, PHILADELPHIA, PA 19130

Signing Officer

Name: Patrick J Mcnichol
Title: President
Phone: 6103571928
Signed: 2021-02-10
Discuss with paid preparer: Yes

Preparer

Firm: Henry Frank & Company
Address: 160 ROCK HILL ROAD, BALA CYNWYD, PA 19004-2133
Preparer: Corey M Talone CPA
Phone: 6106678480

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 125 insurance 1,016 bank fees 130 business registration 105 website expenses 529 trm memorial outing event 1,214 supplies 3,393 total 6,512”

Form 990-ez, Part II, Line 24

“Prepaid expenses 1,079 896 total 1,079 896”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 360 0”

Form 990-ez, Part III

“To foster and promote the advancement and public awareness and charity towards the research and care for those in need of physical or mental assistance, and encourage development and support the welfare of communities and/or geographic regions, specifically those under circumstantial duress.”

Form 990-ez, Part III, Line 28

“To foster and promote the advancement and public awareness and charity towards the research and care for those in need of physical or mental assistance, and encourage development and support the welfare of communities and/or geographic regions, specifically those under circumstantial duress.”

Raw XML Appendix131 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	VICE PRESIDE
IRS990EZ/OperateHospitalInd	0	false
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IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	1079
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	896
IRS990EZ/OtherExpensesTotalAmt	0	6512
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	TO FOSTER AND PROMOTE THE ADVANCEMENT AND PUBLIC AWARENESS AND CHARITY TOWARDS THE RESEARCH AND CARE FOR THOSE IN NEED OF PHYSICAL OR MENTAL ASSISTANCE, AND ENCOURAGE DEVELOPMENT AND SUPPORT THE WELFARE OF COMMUNITIES AND/OR GEOGRAPHIC REGIONS, SPECIFICALLY THOSE UNDER CIRCUMSTANTIAL DURESS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	5539
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	PA
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	360
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	6512
IRS990EZ/TotalProgramServiceExpensesAmt	0	5539
IRS990EZ/TotalRevenueAmt	0	4315
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	WWW.ELPISFOUNDATION.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	4315
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	93054
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	134100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	76127
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	106798
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	414394
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal170Amt	0	414394
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	4315
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	93054
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	134100
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	76127
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	106798
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	414394
IRS990ScheduleA/TotalSupportAmt	0	414394
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES ADVERTISING 125 INSURANCE 1,016 BANK FEES 130 BUSINESS REGISTRATION 105 WEBSITE EXPENSES 529 TRM MEMORIAL OUTING EVENT 1,214 SUPPLIES 3,393 TOTAL 6,512
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	PREPAID EXPENSES 1,079 896 TOTAL 1,079 896
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	ACCOUNTS PAYABLE AND ACCRUED EXPENSES 360 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	TO FOSTER AND PROMOTE THE ADVANCEMENT AND PUBLIC AWARENESS AND CHARITY TOWARDS THE RESEARCH AND CARE FOR THOSE IN NEED OF PHYSICAL OR MENTAL ASSISTANCE, AND ENCOURAGE DEVELOPMENT AND SUPPORT THE WELFARE OF COMMUNITIES AND/OR GEOGRAPHIC REGIONS, SPECIFICALLY THOSE UNDER CIRCUMSTANTIAL DURESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	TO FOSTER AND PROMOTE THE ADVANCEMENT AND PUBLIC AWARENESS AND CHARITY TOWARDS THE RESEARCH AND CARE FOR THOSE IN NEED OF PHYSICAL OR MENTAL ASSISTANCE, AND ENCOURAGE DEVELOPMENT AND SUPPORT THE WELFARE OF COMMUNITIES AND/OR GEOGRAPHIC REGIONS, SPECIFICALLY THOSE UNDER CIRCUMSTANTIAL DURESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
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ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	PATRICK J MCNICHOL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
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ReturnHeader/Filer/USAddress/AddressLine1Txt	0	622 S DEHLI STREET
ReturnHeader/Filer/USAddress/CityNm	0	PHILADELPHIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	PA
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	232583957
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	HENRY FRANK & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	160 ROCK HILL ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	BALA CYNWYD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	190042133
ReturnHeader/PreparerPersonGrp/PhoneNum	0	6106678480
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2021-02-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	COREY M TALONE CPA
ReturnHeader/ReturnTs	0	2021-02-16T10:27:44-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2019-07-01
ReturnHeader/TaxPeriodEndDt	0	2020-06-30
ReturnHeader/TaxYr	0	2019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $24,481
Liabilities: -
Net assets: $24,481
Revenue: $4,315
Expenses: $6,512
Net income: -$2,197

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$0.25		$0.25	$0.27	$0.33	$0.06
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.31		$0.31	$0.31	$0.34	$0.04
2023Detailed filing. Detailed filing data is available for this year.	$0.35		$0.35	$0.83	$0.67	$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.19		$0.19	$0.36	$0.38	$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.21		$0.21	$0.50	$0.53	$0.04
2020Detailed filing. Detailed filing data is available for this year.	$0.24		$0.24	$0.04	$0.07	$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.27	$0.00	$0.27	$0.93	$0.92	$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.26		$0.26	$1.34	$1.27	$0.07
2017Detailed filing. Detailed filing data is available for this year.	$0.18		$0.18	$0.76	$0.77	$0.01
2016Detailed filing. Detailed filing data is available for this year.	$0.21	$0.02	$0.19	$1.07	$1.11	$0.05