Louis J Capano Jr Family Foundation
Louis J Capano Jr Family Foundation shows inconsistent financial performance with fluctuating revenues and expenses.
EIN: 203972698 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $215K |
| Total Expenses | $268K |
| Program Spending | 80% |
| Net Assets | $67K |
| Transparency Score | 65/100 |
Is Louis J Capano Jr Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Louis J Capano Jr Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Louis J Capano Jr Family Foundation
Louis J Capano Jr Family Foundation (EIN: 203972698) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $215K and total assets of $188K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louis J Capano Jr Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louis J Capano Jr Family Foundation is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $230K |
| Total Expenses | $268K |
| Surplus / Deficit | $-37,476 |
| Total Assets | $72K |
| Total Liabilities | $5K |
| Net Assets | $67K |
| Operating Margin | -16.3% |
| Debt-to-Asset Ratio | 7.4% |
| Months of Reserves | 3.2 months |
Financial Health Grade: B
In 2023, Louis J Capano Jr Family Foundation reported a deficit of $37K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 7.4% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), Louis J Capano Jr Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.2% | +6.3% | -33.5% |
| 2022 | -3.4% | -63.4% | -58.9% |
| 2021 | +237.4% | +133.7% | +1036.3% |
| 2020 | -70.3% | -51.8% | -95.1% |
| 2019 | +386.9% | +233.8% | +309.7% |
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 Louis J Capano Jr Family Foundation with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Louis J Capano Jr Family Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or directors receive salaries from the foundation, which is a positive for minimizing administrative overhead.
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 Louis J Capano Jr Family Foundation's IRS 990 filings:
- Inconsistent financial performance with significant year-over-year fluctuations in revenue and expenses.
- Declining assets in the most recent period ($108,083 in 2022 to $71,919 in 2023).
- Expenses exceeding revenue in multiple periods (e.g., 2023, 2021, 2020, 2019, 2015, 2013, 2012, 2011).
Strengths
The following positive indicators were identified for Louis J Capano Jr Family Foundation:
- Consistent 0% officer compensation, indicating low executive overhead.
- Regular IRS 990 filing history (11 filings), demonstrating transparency.
- Periods of strong revenue generation (e.g., $502,855 in 2022, $520,495 in 2021).
Frequently Asked Questions about Louis J Capano Jr Family Foundation
Is Louis J Capano Jr Family Foundation a legitimate charity?
Louis J Capano Jr Family Foundation (EIN: 203972698) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 65/100. It has 11 years of IRS 990 filings on record. Total revenue: $215K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Louis J Capano Jr Family Foundation spend its money?
Louis J Capano Jr Family Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Louis J Capano Jr Family Foundation tax-deductible?
Louis J Capano Jr Family Foundation is registered as a tax-exempt nonprofit (EIN: 203972698). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Louis J Capano Jr Family Foundation's spending goes to programs?
Louis J Capano Jr Family Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Louis J Capano Jr Family Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Louis J Capano Jr Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Louis J Capano Jr Family Foundation located?
Louis J Capano Jr Family Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 203972698. It is classified under NTEE code T22.
How many years of IRS 990 filings does Louis J Capano Jr Family Foundation have?
Louis J Capano Jr Family Foundation has 11 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 $215K in total revenue.
Is the Louis J Capano Jr Family Foundation financially stable?
The foundation's financial stability is inconsistent. While it has had years with significant surpluses (e.g., 2022 revenue of $502,855 vs. expenses of $252,096), it also experiences deficits (e.g., 2023 revenue of $230,400 vs. expenses of $267,876), and its asset base fluctuates considerably.
How does the foundation manage its administrative costs?
The foundation reports 0% officer compensation in all available filings, suggesting a strong effort to minimize executive administrative costs. However, a full breakdown of other administrative expenses is not provided in the summary data.
What is the trend in the foundation's assets?
The foundation's assets have shown significant volatility, ranging from a high of $475,924 in 2019 to a low of $23,127 in 2020. The most recent filing shows assets at $71,919, a decrease from the previous year's $108,083.
Filing History
IRS 990 filing history for Louis J Capano Jr Family Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Louis J Capano Jr Family Foundation's revenue has grown by 152.9%, moving from $91K to $230K. Total assets decreased by 78.8% over the same period, from $339K to $72K. Total functional expenses rose by 9.9%, from $244K to $268K. In its most recent filing year (2023), Louis J Capano Jr Family Foundation reported a deficit of $37K, with expenses exceeding revenue. The organization holds $5K in liabilities against $72K in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $67K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $230K | $268K | $72K | $5K | — | View 990 |
| 2022 | $503K | $252K | $108K | $4K | — | View 990 |
| 2021 | $520K | $689K | $263K | $409K | — | View 990 |
| 2020 | $154K | $295K | $23K | $2K | — | — |
| 2019 | $519K | $611K | $476K | $314K | — | View 990 |
| 2015 | $107K | $183K | $116K | $138K | — | View 990 |
| 2014 | $148K | $140K | $149K | $94K | — | View 990 |
| 2013 | $92K | $136K | $130K | $83K | — | View 990 |
| 2012 | $89K | $137K | $172K | $80K | — | View 990 |
| 2011 | $85K | $214K | $213K | $72K | — | View 990 |
| 2010 | $91K | $244K | $339K | $69K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $230K, expenses of $268K, and assets of $72K (revenue -54.2% year-over-year).
- 2022: Revenue of $503K, expenses of $252K, and assets of $108K (revenue -3.4% year-over-year).
- 2021: Revenue of $520K, expenses of $689K, and assets of $263K (revenue +237.4% year-over-year).
- 2020: Revenue of $154K, expenses of $295K, and assets of $23K (revenue -70.3% year-over-year).
- 2019: Revenue of $519K, expenses of $611K, and assets of $476K (revenue +386.9% year-over-year).
- 2015: Revenue of $107K, expenses of $183K, and assets of $116K (revenue -27.9% year-over-year).
- 2014: Revenue of $148K, expenses of $140K, and assets of $149K (revenue +61.1% year-over-year).
- 2013: Revenue of $92K, expenses of $136K, and assets of $130K (revenue +3.5% year-over-year).
- 2012: Revenue of $89K, expenses of $137K, and assets of $172K (revenue +4.8% year-over-year).
- 2011: Revenue of $85K, expenses of $214K, and assets of $213K (revenue -7.1% year-over-year).
- 2010: Revenue of $91K, expenses of $244K, and assets of $339K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louis J Capano Jr Family Foundation:
Data Sources and Methodology
This transparency report for Louis J Capano Jr Family Foundation 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.