Nonprofits/Organizations/83-3552306
Active
501(c)(3)
T11 · Philanthropy, Voluntarism & Grantmaking
Form 990

Illuminations Foundation Inc

DBA: ILLUMINATIONS

EIN 83-3552306ALPHARETTA, GA 30009Founded 2019WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

TO GRANT TO BIBLE TRANSLATION COLLABORATION ACROSS VARIOUS MINISTRY PARTNERS IN ORDER TO ERADICATE BIBLE POVERTY IN THIS GENERATION.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$50.7M

+9.4%YoY

Total Expenses

$47.5M

+4.8%YoY

Net Assets

$8.2M

+62.0%YoY

Employees

0

Grants Paid

$47.2M

Program Expense Ratio

100.0%

This nonprofit profile presents IRS Form 990 tax filing data for Illuminations Foundation Inc (EIN: 83-3552306), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue grew +9.4% to $50.7M
Program spending ratio of 100.0% — excellent
2.1 months of operating reserves — limited runway
Expenses increased +4.8% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
5-member board, 4 independent

Compensation

Top compensation: $266,693 (DIRECTOR/TREASURER)
Top exec pay is 0.6% of total expenses — very modest
Schedule J filed for 1 individual — detailed disclosure
No executive perks reported

Program Effectiveness

1 program reported
100.0% of spending goes to programs
No programs generate independent revenue
$47.2M in grants paid to other organizations

Financial Stability

Debt-to-asset ratio of 0.0% — low leverage
0.1 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets consistently growing over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Illuminations Foundation Inc is a 501(c)(3) nonprofit headquartered in ALPHARETTA, GA, founded in 2019. It is classified under NTEE code T11 (Single Organization Support), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2019. In its 2024 filing, the organization reported $50.7M in total revenue, a 9.4% increase from the prior year, and $47.5M in total expenses. DANA RING, DIRECTOR/TREASURER, is the highest-compensated individual at $266,693. The organization runs 1 program, totaling $47.5M in program expenses. 6 of 6 recommended governance policies are in place.

Illuminations Foundation Inc is classified under NTEE code T11 (Single Organization Support), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 21.

Programs(Tax Year 2024)

1 record

Programs Overview

Illuminations Foundation Inc operates 1 program, with total program expenses of $47.5M. Illuminations Foundation Inc's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $47,538,335

ILLUMINATIONS IS ENGAGED IN GRANT-MAKING TO BIBLE TRANSLATION COLLABORATION ACROSS VARIOUS MINISTRY PARTNERS IN ORDER TO ERADICATE BIBLE POVERTY IN THIS GENERATION.

Financial Overview(Tax Years 2019–2024)

6 records

Financial Highlights

Over the past 6 years, Illuminations Foundation Inc's revenue has remained stable from $0 to $50.7M. Program expenses represent 100% of total spending.

Revenue increased 9.4% year-over-year, while expenses grew 4.8%. net assets rose to $8.2M, up 62.0% from the prior year.

Illuminations Foundation Inc derives 99% from contributions and grants, with 1% from investment income.

Revenue is heavily concentrated: 99% comes from contributions and grants, indicating limited diversification.

Revenue grew by 9.4% and expenses grew by 4.8% year over year.

Illuminations Foundation Inc distributed $47.2M in grants to other organizations and individuals, representing 99% of total expenses.

Illuminations Foundation Inc holds $8.2M in total assets against $0 in liabilities (debt-to-asset ratio of 0%). The organization has 2.1 months of operating reserves. Cash and equivalents of $293K cover approximately 0.1 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$50.7M$50.4M$0$0$276K
2023$46.3M$46.2M$0$0$140K
2022$50.8M$50.8M$0$0$12K
2021$37.1M$37.1M$0$0$15K
2020$18.6M$18.6M$0$0$0
2019$0$0$0$0$0

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$47.5M$47.5M$0$0$47.2M
2023$45.4M$45.4M$0$0$45.0M
2022$52.8M$52.8M$12$0$52.5M
2021$32.0M$32.0M$0$0$31.9M
2020$17.6M$17.6M$30$0$17.5M
2019$0$0$0$0$0

Program Expense Ratio

100.0%

Admin Expense Ratio

Fundraising Efficiency

Operating Reserve

2.1 mo

People & Compensation(Tax Year 2024)

5 records

Compensation Summary

Illuminations Foundation Inc reported compensation for 5 officers and key employees. Total officer compensation was $267K, representing 0.6% of total expenses.

Illuminations Foundation Inc's highest-compensated individual received $267K in total compensation. Total officer compensation of $267K represents 0.6% of total expenses.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
DANA RINGDIRECTOR/TREASURER
OfficerDirector
1.00$0$237,362$266,693
TODD PETERSONDIRECTOR/PRESIDENT
OfficerDirector
1.00$0$0$0
GARY NELSONDIRECTOR
Director
1.00$0$0$0
MART GREENDIRECTOR
Director
1.00$0$0$0
DAVID WILLSDIRECTOR/SECRETARY
OfficerDirector
1.00$0$0$0

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

DANA RING

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Illuminations Foundation Inc has 6 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 5 members, 4 of whom are independent.

Illuminations Foundation Inc's financial statements are audited, an audit committee oversees the process.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members5
Independent members4

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2024)

14 records

Grantmaking Summary

Illuminations Foundation Inc awarded $47.2M across 14 grants to organizations. Top recipients include SEED COMPANY (ARLINGTON, TX) — $24.9M for bible translation; NATL CHRISTIAN CHARITABLE FDN INC (ALPHARETTA, GA) — $14.7M for support; WYCLIFFE BIBLE TRANSLATORS (ORLANDO, FL) — $4.2M for bible translation.

Organization Grants

RecipientLocationAmountPurpose
SEED COMPANY330838929ARLINGTON, TX$24.9MBIBLE TRANSLATION
NATL CHRISTIAN CHARITABLE FDN INC581493949ALPHARETTA, GA$14.7MSUPPORT
WYCLIFFE BIBLE TRANSLATORS951831097ORLANDO, FL$4.2MBIBLE TRANSLATION
BIBLICA841194554COLORADO SPRINGS, CO$1.1MBIBLE TRANSLATION
THE WORD FOR THE WORLD841426685COLORADO SPRINGS, CO$509KBIBLE TRANSLATION
DEAF BIBLE SOCIETY474285852ARLINGTON, TX$458KBIBLE TRANSLATION
SPOKEN WORLDWIDE562544586DALLAS, TX$454KBIBLE TRANSLATION
STRATEGIC RESOURCE GROUP INC330780945EASTON, MD$333KBIBLE TRANSLATION
FAITH COMES BY HEARING850223225ALBUQUERQUE, NM$291KEVANGELISM
INTERNATIONAL GENEROSITY FOUNDATION TRUST843744053CLEARWATER, FL$152KSUPPORT
UNFOLDING WORD141888977ORLANDO, FL$100KBIBLE TRANSLATION
LUTHERAN BIBLE TRANSLATORS952630437CONCORDIA, MO$48KBIBLE TRANSLATION
PIONEER BIBLE TRANSLATORS237433923DUNCANVILLE, TX$30KBIBLE TRANSLATION
AMERICAN BIBLE SOCIETY131623885PHILADELPHIA, PA$7KBIBLE TRANSLATION

Filing History(Tax Years 2019–2024)

6 records

Showing the 6 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$50.7M$47.5M$8.2M
2023
990
2023-01-01 – 2023-12-31$46.3M$45.4M$5.0M
2022
990
2022-01-01 – 2022-12-31$50.8M$52.8M$4.1M
2021
990
2021-01-01 – 2021-12-31$37.1M$32.0M$6.1M
2020
990
2020-01-01 – 2020-12-31$18.6M$17.6M$1.0M
2019
990-EZ
2019-01-01 – 2019-12-31$0$0$0

Frequently Asked Questions

What does Illuminations Foundation Inc do?

TO GRANT TO BIBLE TRANSLATION COLLABORATION ACROSS VARIOUS MINISTRY PARTNERS IN ORDER TO ERADICATE BIBLE POVERTY IN THIS GENERATION.

How much revenue does Illuminations Foundation Inc have?

Illuminations Foundation Inc reported $50,662,715 in total revenue for tax year 2024, up 9.4% from the prior year.

Who is the highest-paid executive at Illuminations Foundation Inc?

DANA RING, DIRECTOR/TREASURER, received $266,693 in total compensation as of tax year 2024.

Is Illuminations Foundation Inc a 501(c)(3)?

Yes, Illuminations Foundation Inc is classified as a 501(c)(3) tax-exempt organization.

Where is Illuminations Foundation Inc located?

Illuminations Foundation Inc is headquartered in ALPHARETTA, GA 30009.

What type of nonprofit is Illuminations Foundation Inc?

Illuminations Foundation Inc is classified under NTEE code T11 (Single Organization Support), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.

Is Illuminations Foundation Inc audited?

Yes, Illuminations Foundation Inc's financial statements are audited, and the organization has an audit committee.

Does Illuminations Foundation Inc give grants?

Yes, Illuminations Foundation Inc distributed $47,225,301 in grants to other organizations and individuals in tax year 2024. Top recipients include SEED COMPANY, NATL CHRISTIAN CHARITABLE FDN INC, WYCLIFFE BIBLE TRANSLATORS.

Data Source

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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