Capstone Legacy Foundation Inc
Capstone Legacy Foundation Inc. reports consistent deficits in recent years while maintaining substantial assets and zero officer compensation.
EIN: 203752969 · Wayne, PA · NTEE: T31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $3.3M |
| Program Spending | 90% |
| Net Assets | $4.6M |
| Transparency Score | 75/100 |
Search Intent Cockpit
Capstone Legacy Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Capstone Legacy Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Capstone Legacy Foundation Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $3.1M and expenses of $3.3M.
Revenue and Expenses
Capstone Legacy Foundation Inc reported $3.1M in revenue and $3.3M in expenses, a deficit of $228K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
75/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Capstone Legacy Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $3.0M (90%) |
Across stored filings, Capstone Legacy Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with The Garage Community And Youth Center | Pennsylvania and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Keep the Investigation Moving
Capstone Legacy Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Capstone Legacy Foundation Inc
Capstone Legacy Foundation Inc (EIN: 203752969) is a nonprofit organization based in Wayne, PA, classified under NTEE code T31. The organization reported total revenue of $3.4M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capstone Legacy Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capstone Legacy Foundation Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $3.3M |
| Surplus / Deficit | $-228,388 |
| Total Assets | $5.4M |
| Total Liabilities | $752K |
| Net Assets | $4.6M |
| Operating Margin | -7.4% |
| Debt-to-Asset Ratio | 13.9% |
| Months of Reserves | 19.5 months |
Financial Health Grade: B
In 2023, Capstone Legacy Foundation Inc reported a deficit of $228K with expenses exceeding revenue, holds 19.5 months of operating reserves (strong position), has a debt-to-asset ratio of 13.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Capstone Legacy Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.0% | -7.2% | +5.2% |
| 2022 | +31.3% | +15.6% | -13.8% |
| 2021 | -43.6% | +16.9% | -12.9% |
| 2020 | -5.3% | -5.0% | +27.8% |
| 2019 | +161.1% | +43.3% | +90.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Capstone Legacy Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Capstone Legacy Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $228K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size and suggests either volunteer leadership or compensation being reported in other categories, or that it operates with a very lean, non-compensated leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Capstone Legacy Foundation Inc's IRS 990 filings:
- Expenses consistently exceeding revenue in multiple recent periods (e.g., 202312, 202212, 202112), potentially indicating reliance on asset drawdowns or unsustainable spending without further context.
- Unusually high fluctuation in liabilities over time, from $187,386 in 201712 to $1,470,689 in 201912, which warrants investigation into their nature and management.
Strengths
The following positive indicators were identified for Capstone Legacy Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating strong cost control in executive pay or a volunteer leadership model.
- Maintains substantial assets ($5,393,666 in 202312) despite periods of deficit spending, providing financial stability.
- Likely strong program focus given its NTEE code T31 (Donor-Advised Funds), implying a primary activity of facilitating charitable giving.
Frequently Asked Questions about Capstone Legacy Foundation Inc
Is Capstone Legacy Foundation Inc a legitimate charity?
Capstone Legacy Foundation Inc (EIN: 203752969) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.4M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Capstone Legacy Foundation Inc spend its money?
Capstone Legacy Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Capstone Legacy Foundation Inc tax-deductible?
Capstone Legacy Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203752969). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Capstone Legacy Foundation Inc's spending goes to programs?
Capstone Legacy Foundation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Capstone Legacy Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Capstone Legacy Foundation Inc is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Capstone Legacy Foundation Inc located?
Capstone Legacy Foundation Inc is headquartered in Wayne, Pennsylvania and files with the IRS under EIN 203752969. It is classified under NTEE code T31.
How many years of IRS 990 filings does Capstone Legacy Foundation Inc have?
Capstone Legacy Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.4M in total revenue.
Why does Capstone Legacy Foundation Inc. consistently report zero officer compensation?
The filings indicate 0% officer compensation across all periods. This could mean leadership is entirely volunteer, compensation is reported under other expense categories, or the organization has a unique operational model where executive roles are not compensated directly.
What is the primary reason for expenses exceeding revenue in recent years (e.g., 202312, 202212, 202112)?
In periods like 202312, expenses ($3,321,554) exceeded revenue ($3,093,166). This could be due to planned distributions from accumulated assets, market fluctuations affecting investment income, or increased grantmaking activity exceeding current year contributions. Further detail from the full 990 would clarify if these are planned drawdowns or operational deficits.
How does the organization manage its liabilities, which have fluctuated significantly (e.g., $1,470,689 in 201912 vs. $187,386 in 201712)?
Liabilities have varied, reaching $1,470,689 in 201912 and $751,584 in 202312. Understanding the nature of these liabilities (e.g., grants payable, program-related investments, or operational debts) is crucial to assessing financial risk and management practices.
Filing History
IRS 990 filing history for Capstone Legacy Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Capstone Legacy Foundation Inc's revenue has grown by 626.8%, moving from $426K to $3.1M. Total assets increased by 809.3% over the same period, from $593K to $5.4M. Total functional expenses rose by 437.4%, from $618K to $3.3M. In its most recent filing year (2023), Capstone Legacy Foundation Inc reported a deficit of $228K, with expenses exceeding revenue. The organization holds $752K in liabilities against $5.4M in assets (debt-to-asset ratio: 13.9%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $3.3M | $5.4M | $752K | — | — |
| 2022 | $3.3M | $3.6M | $5.1M | $792K | — | View 990 |
| 2021 | $2.5M | $3.1M | $5.9M | $765K | — | View 990 |
| 2020 | $4.4M | $2.6M | $6.8M | $1.0M | — | View 990 |
| 2019 | $4.6M | $2.8M | $5.3M | $1.5M | — | View 990 |
| 2018 | $1.8M | $1.9M | $2.8M | $821K | — | View 990 |
| 2017 | $2.6M | $2.2M | $2.3M | $187K | — | View 990 |
| 2016 | $2.4M | $3.6M | $2.0M | $229K | — | View 990 |
| 2015 | $3.6M | $1.7M | $4.0M | $1.0M | — | View 990 |
| 2014 | $2.5M | $2.0M | $1.3M | $153K | — | View 990 |
| 2013 | $1.1M | $987K | $584K | $60K | — | View 990 |
| 2012 | $543K | $759K | $403K | $37K | — | View 990 |
| 2011 | $426K | $618K | $593K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $3.3M, and assets of $5.4M (revenue -5.0% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.6M, and assets of $5.1M (revenue +31.3% year-over-year).
- 2021: Revenue of $2.5M, expenses of $3.1M, and assets of $5.9M (revenue -43.6% year-over-year).
- 2020: Revenue of $4.4M, expenses of $2.6M, and assets of $6.8M (revenue -5.3% year-over-year).
- 2019: Revenue of $4.6M, expenses of $2.8M, and assets of $5.3M (revenue +161.1% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.9M, and assets of $2.8M (revenue -30.5% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.2M, and assets of $2.3M (revenue +5.9% year-over-year).
- 2016: Revenue of $2.4M, expenses of $3.6M, and assets of $2.0M (revenue -33.3% year-over-year).
- 2015: Revenue of $3.6M, expenses of $1.7M, and assets of $4.0M (revenue +42.6% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.0M, and assets of $1.3M (revenue +131.8% year-over-year).
- 2013: Revenue of $1.1M, expenses of $987K, and assets of $584K (revenue +101.2% year-over-year).
- 2012: Revenue of $543K, expenses of $759K, and assets of $403K (revenue +27.7% year-over-year).
- 2011: Revenue of $426K, expenses of $618K, and assets of $593K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capstone Legacy Foundation Inc:
Data Sources and Methodology
This transparency report for Capstone Legacy Foundation 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.