Eleos Capital Inc
EIN: 473609541 · Jersey City, NJ · NTEE: T12
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $280K |
| Net Assets | $1.7M |
Is Eleos Capital Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eleos Capital Inc
Eleos Capital Inc (EIN: 473609541) is a nonprofit organization based in Jersey City, NJ, classified under NTEE code T12. The organization reported total revenue of $3.6M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eleos Capital Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eleos Capital Inc is a mid-size nonprofit that has been operating for 11 years, with 3 years of IRS 990 filings on record (2018–2020). Revenue has grown at a compound annual rate of 60.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $781K |
| Total Expenses | $280K |
| Surplus / Deficit | +$500K |
| Total Assets | $1.7M |
| Net Assets | $1.7M |
| Operating Margin | 64.1% |
| Months of Reserves | 73.8 months |
Financial Health Grade: A
In 2020, Eleos Capital Inc reported a surplus of $500K with revenue exceeding expenses, holds 73.8 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2018–2020), Eleos Capital Inc's revenue has grown at a compound annual growth rate (CAGR) of 60.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +102.7% | +51.2% | +117.5% |
| 2019 | +27.4% | +31.9% | +38.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eleos Capital Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Eleos Capital Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $500K, with revenue exceeding expenses.
Frequently Asked Questions about Eleos Capital Inc
Is Eleos Capital Inc a legitimate charity?
Eleos Capital Inc (EIN: 473609541) is a registered tax-exempt nonprofit based in New Jersey. It has 3 years of IRS 990 filings on record. Total revenue: $3.6M. No red flags identified. Financial health grade: A.
How does Eleos Capital Inc spend its money?
Eleos Capital Inc reported $3.6M in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Eleos Capital Inc tax-deductible?
Eleos Capital Inc is registered as a tax-exempt nonprofit (EIN: 473609541). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eleos Capital Inc located?
Eleos Capital Inc is headquartered in Jersey City, New Jersey and files with the IRS under EIN 473609541. It is classified under NTEE code T12.
How many years of IRS 990 filings does Eleos Capital Inc have?
Eleos Capital Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $3.6M in total revenue.
Filing History
IRS 990 filing history for Eleos Capital Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2018–2020), Eleos Capital Inc's revenue has grown by 158.3%, moving from $302K to $781K. Total assets increased by 201.3% over the same period, from $573K to $1.7M. Total functional expenses rose by 99.3%, from $141K to $280K. In its most recent filing year (2020), Eleos Capital Inc reported a surplus of $500K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $781K | $280K | $1.7M | $0 | — | — |
| 2019 | $385K | $186K | $794K | $0 | — | View 990 |
| 2018 | $302K | $141K | $573K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $781K, expenses of $280K, and assets of $1.7M (revenue +102.7% year-over-year).
- 2019: Revenue of $385K, expenses of $186K, and assets of $794K (revenue +27.4% year-over-year).
- 2018: Revenue of $302K, expenses of $141K, and assets of $573K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eleos Capital Inc:
Data Sources and Methodology
This transparency report for Eleos Capital Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.