THE THERESA AND FRANK CAPLAN FOUNDATION INC

EIN: 465370094 501(c)(3) Education

LANCASTER, PA

Total Revenue
$521,772
Total Expenses
$484,135
Total Assets
$9,662,397
Net Assets
$9,500,397
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
PA
Principal Officer
RICHARD L CAPLAN
Phone
7172917201
Tax Period
2018-01-01 to 2018-12-31

THE THERESA AND FRANK CAPLAN FOUNDATION INC, founded in 2014, is a small nonprofit in the Education sector that reported $522K in total revenue in fiscal year 2018. Expenses of $484K left a modest 7% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE GRANTS FOR INNOVATIVE AND CREATIVE PROJECTS AND RESEARCH THAT WILL SIGNIFICANTLY IMPROVE AND ENHANCE THE DEVELOPMENT, HEALTH, SAFETY, EDUCATION OR QUALITY OF LIFE OF CHILDREN FROM INFANCY THROUGH SEVEN YEARS OF AGE.

Program Service Accomplishments

Program 1
Expenses: $473,731

THE FOUNDATION BOARD REVIEWED OVER 491 LETTERS OF INQUIRY RECEIVED FROM A DIVERSE GROUP OF ORGANIZATIONS, RANGING FROM MAJOR UNIVERSITIES AND HOSPITALS TO SMALL CHILD CARE CENTERS. THE BOARD...

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THE FOUNDATION BOARD REVIEWED OVER 491 LETTERS OF INQUIRY RECEIVED FROM A DIVERSE GROUP OF ORGANIZATIONS, RANGING FROM MAJOR UNIVERSITIES AND HOSPITALS TO SMALL CHILD CARE CENTERS. THE BOARD REQUESTED FULL PROPOSALS FROM 23 OF THESE ORGANIZATIONS AND APPROVED SEVEN FOR A TOTAL OF $315,643. THE PROJECTS THAT WERE FUNDED INCLUDE: FACILITATION OF A GROUP MODEL OF FAMILY NURTURE INTERVENTION; EXAMINATION OF WHETHER AND HOW THE ABI APPROACH INFLUENCES ACADEMIC OUTCOMES; DEVELOPMENT ON AN INNOVATE CURRICULUM TO SUPPORT PLAY SKILLS FOR CHILDREN WITH DISABILITIES; HELP OF FAMILIES WITH CHILDREN WITH AUTISM AND PSYCHOSOCIAL STRESSORS; PROVIDING AN OPEN ACCESS WEBSITE FOR CHILDREN TO EXPLORE SCIENCE EARLY ON; DEVELOPMENT OF AN INNOVATE INSTRUCTIONAL APPROACH TO PROMOTE THE USE OF ADVANCED ARITHEMTIC; AND ENABLING STUDENTS TO UTILIZE BOTH TEACHER INITIATED AND SELF INITIATED PLAY AND SKILL AREAS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $1,777
Program Service Revenue $0
Investment Income $519,995
Other Revenue $0
TOTAL REVENUE $521,772

Expense Breakdown

Grants Paid $315,643
Salaries & Benefits $53,825
Fundraising Expenses $0
Program Expenses $473,731
Other Expenses $114,667
TOTAL EXPENSES $484,135

Year-over-Year Comparison

2018 2017 Change
Revenue $521,772 $501,265 +0.0%
Expenses $484,135 $819,566 -0.4%
Net Income $37,637 $-318,301 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
N/A
Employees
2
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$50,000
Total Directors
2
$50,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD L CAPLAN DIRECTOR AND TREASURER 5.00
Officer Director
$25,000 $0 $25,000
JUDITH INGLESE DIRECTOR AND PRESIDENT 5.00
Officer Director
$25,000 $0 $25,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $521,772 $484,135 $9,662,397 $37,637
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