Esa Foundation EIN 23-7099403 Form 990 (PDF) Claim this org

Esa Foundation

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Promotes continuing education and altruistic activities for a better world. For fiscal year 2025 it reported $866K in revenue, $400K in expenses, and $6.1M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Fort Collins, CO
Website
www.epsilonsigmaalpha.org
Filings
1 on file (2025–2025)
Revenue
$866KFY2025
Expenses
$400K
Net assets
$6.1M
People
9
Filings
1
Updates
0
More identity details & actions ⌄
EIN  23-7099403 Public charity (501(c)(3)) Fort Collins, CO
Form 990 (PDF)
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Size
$100K–1M
What they do
Promotes continuing education and altruistic activities for a better world.
Leadership
Douglas Mills · International Treasurer/Controller
Money in and out
$866K revenue, $400K expenses
Bottom line
74% program efficiency
Where the money goes · FY2025
Total revenue
$866K
Pt VIII · Ln 12
Total expenses
$400K
Pt IX · Ln 25
Net assets
$6.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $466K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.26
Program efficiency
74%
of spending reaches programs
Operating runway
190.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+54%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total revenue
$866K
Pt VIII · Ln 12
Total expenses
$400K
Pt IX · Ln 25
Net assets
$6.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$466K
Total assetsPt X · Ln 16$6.4M
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEsa Foundation
EINHdr · item D23-7099403
Principal addressHdr · item CFort Collins, CO
WebsiteHdr · item Jwww.epsilonsigmaalpha.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B82)
Ruling yearIRS BMFNov 2025

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
International Treasurer/Controller
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $297K of program spending, described in the organization's own filed words · FY2025.
01

Esa foundation (the foundation) is a nonprofit organization established to promote continuing education and activities that make a positive difference in the world community. The primary program of the esa foundation is its endowment program which grants scholarships, via an extensive application and judging process, to worthy…

$155Kprogram expense
02

The secondary program of the esa foundation is providing funding to other 501 c 3 charitable organizations. The funding is provided by members of the esa foundation and like amounts are then provided to the 501 c 3 designated organizations.

$142Kprogram expense

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Statement of Revenue

Part VIII
Investment income$462K · 53%
Program service revenue$330K · 38%
Contributions & grants$74K · 9%
Investment income53%$462K
Program service revenue38%$330K
Contributions & grants9%$74K
Total revenueLn 12$866K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.26
Program services74%$297K
Management & general26%$103K
Total functional expensesLn 25$400K

Balance Sheet

Part X · end of year
CashLn 1$535K
Total assetsLn 16$6.4M
Total liabilitiesLn 26$205K
Total net assetsLn 32$6.1M
Months of cash on handcomputed16.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $6.4M · Operating expenses/yr $400K
190.4 months
Where the money goes
Program services
Program services $297K · Total expenses $400K
74%
Management & General
Management & general $103K · Total expenses $400K
26%
Fundraising
Fundraising $0 · Total expenses $400K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $74K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $74K · Total revenue $866K
9%
Government reliance
Government grants $0 · Total revenue $866K
0%
Earned-income share
Program service revenue $330K · Total revenue $866K
38%
Investment reliance
Investment income $462K · Total revenue $866K
+53%
Program self-sufficiency
Program service revenue $330K · Total expenses $400K
82%
Growth & trend
Revenue growth (YoY)
This year $866K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $6.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $866K · Expenses $400K
+54%
Liabilities-to-Assets
Total liabilities — · Total assets $6.4M
Net-asset ratio
Net assets $6.1M · Total assets $6.4M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $5.8M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $6.4M
92%
People & payroll
Highest Reported Total Compensation
Individual Douglas Mills · Reported title INTERNATIONAL TREASURER/CONTROLLER · Highest reported compensation $0 · Total expenses $400K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $400K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 26%
Fundraising cost ratio 0%
Investment management fee ratio 0.3%
Legal fee ratio 0%
Accounting fee ratio 0.3%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$115
Grants paid · 3 grants · $185K · 2025–2025
Unitemized GrantFY2025$113,550
Easter Seals INCIL · FY2025$6,699

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$866K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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