Civic Intelligence

Kapnick Fund Inc

EIN 82-1038131 • 501(c)3 • Naples, FL

Profile

A supporting organization operated exclusively for the benefit of the collier community foundation

1110 Pine Ridge Road No 200Naples, FL 34108

www.cfcollier.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

51st percentile

0.13x

Higher debt load relative to assets than 51% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.73x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

77th percentile

25%

Higher net margin than 77% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$315,772

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 22.6% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

85th percentile

27%

Faster asset growth than 85% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

325%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$7,987,385

Up $1,696,608 (+27%) from 2023

Liabilities

Up

$1,025,000

Up $975,000 (+1950%) from 2023

Net Assets

Up

$6,962,385

Up $721,608 (+12%) from 2023

Revenue

Up

$1,398,558

Up $1,069,223 (+325%) from 2023

Expenses

Up

$1,048,049

Up $701,184 (+202%) from 2023

Net Income

Up

$350,509

Up $368,039 (+2099%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2017: $5,054,282Liabilities 2017: $13,150Net Assets 2017: $5,041,1322017Assets 2018: $5,052,922Liabilities 2018: $0Net Assets 2018: $5,052,9222018Assets 2019: $5,074,222Liabilities 2019: $0Net Assets 2019: $5,074,2222019Assets 2020: $5,107,428Liabilities 2020: $61Net Assets 2020: $5,107,3672020Assets 2021: $5,671,278Liabilities 2021: $100,000Net Assets 2021: $5,571,2782021Assets 2022: $5,902,388Liabilities 2022: $75,000Net Assets 2022: $5,827,3882022Assets 2023: $6,290,777Liabilities 2023: $50,000Net Assets 2023: $6,240,7772023Assets 2024: $7,987,385Liabilities 2024: $1,025,000Net Assets 2024: $6,962,3852024

Highlighted filing

2024

Assets$7,987,385
Liabilities$1,025,000
Net Assets$6,962,385

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2017: $5,055,255Expenses 2017: $14,123Net Income 2017: $5,041,1322017Revenue 2018: $15,697Expenses 2018: $27,061Net Income 2018: -$11,3642018Revenue 2019: $46,934Expenses 2019: $25,972Net Income 2019: $20,9622019Revenue 2020: -$62,520Expenses 2020: $26,099Net Income 2020: -$88,6192020Revenue 2021: $638,860Expenses 2021: $156,910Net Income 2021: $481,9502021Revenue 2022: $360,745Expenses 2022: $196,144Net Income 2022: $164,6012022Revenue 2023: $329,335Expenses 2023: $346,865Net Income 2023: -$17,5302023Revenue 2024: $1,398,558Expenses 2024: $1,048,049Net Income 2024: $350,5092024

Highlighted filing

2024

Revenue$1,398,558
Expenses$1,048,049
Net Income$350,509

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 6, 2025
Return Version
2023v6.0
Gross Receipts
$1,398,558
Mission and Program Overview

Mission

A supporting organization operated exclusively for the benefit of the coummunity foundation of collier county, inc.

A supporting organization operated exclusively for the benefit of the collier community foundation

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$5,902,326$6,275,655▲ $373,329
Cash and Non-Interest-Bearing Accounts$373,966$1,584,400▲ $1,210,434
Savings and Temporary Cash Investments$10,445$123,290▲ $112,845
Prepaid Expenses and Deferred Charges$4,040$4,040→ $0
Total Assets$6,290,777$7,987,385▲ $1,696,608
Liabilities
Grants Payable$50,000$1,025,000▲ $975,000
Total Liabilities$50,000$1,025,000▲ $975,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,240,777$6,962,385▲ $721,608
Total Net Assets Fund Balance$6,240,777$6,962,385▲ $721,608
Total Liabilities and Net Assets / Fund Balance$6,290,777$7,987,385▲ $1,696,608

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$3,338,523--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mr Dennis BrownDirector & President
Mr Scott KapnickDirector
Ms Kathleen KapnickDirector
Mr Jerry TostrudDirector & Secretary
Ms Eileen Connolly-keeslerDirector & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,010,821
Program Service Revenue
$0
Investment Income
$388,274
Other Revenue
$-537
All Other Contributions
$1,010,821
Change in Net Assets
$350,509

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$1,010,821Mean on Day
Total Noncash Contributions1$1,010,821-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,000,000
Other Expenses$48,049
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,000,000--$1,000,000
Fees for Service Investment Mgmnt Fees-$20,792-$20,792
Fees for Services Accounting-$1,625-$1,625
Other Expenses-$551-$551
Office Expenses-$81-$81
Total Functional Expenses$1,000,000$48,049$0$1,048,049
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Collier Community FoundationNaples, FL501(c)(3)General Purpose Grant$1,000,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Scott and kathleen kapnick are husband and wife

Form 990, Part VI, Section A, Line 8B

The organization currently has no committees established.

Form 990, Part VI, Section B, Line 11B

Staff will review the form 990 with the auditing firm before it is presented to the supporting organization's board. The foundation's cfo then reviews the form 990 and related documents with the supporting organization board before the form 990 is filed with the irs.

Form 990, Part VI, Section B, Line 12C

Directors, officers, committee members, advisors and employees are required to disclose annually any actual or potential conflicts of interest by signing a disclosure statement.

Form 990, Part VI, Section B, Line 15B

The organization does not compensate any officers or directors.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Kapnick Fund Inc
EIN
82-1038131
Phone
2396495000
Address
1110 PINE RIDGE ROAD NO 200, NAPLES, FL 34108

Signing Officer

Name
Eileen Connolly-keesler
Title
Treasurer
Phone
2396495000
Signed
2025-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eileen Connolly-keesler
Formed
2017
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Hill Barth & King LLC
Address
3838 TAMIAMI TRAIL NORTH SUITE 200, NAPLES, FL 34103
Preparer
Ashlynn E Reeder
Phone
2392632111
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization follows the income tax standard regarding the recognition and measurement of uncertain tax positions. This guidance clarifies the account for uncertainty in income taxes recognized in an organization's consolidated financial statements. This standard has had no impact on the consolidated financial statements.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt05000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0256859
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt028710
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt025203
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MS EILEEN CONNOLLY-KEESLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR & TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0315772
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0MEAN ON DAY
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt01010821
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCOTT AND KATHLEEN KAPNICK ARE HUSBAND AND WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION CURRENTLY HAS NO COMMITTEES ESTABLISHED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2STAFF WILL REVIEW THE FORM 990 WITH THE AUDITING FIRM BEFORE IT IS PRESENTED TO THE SUPPORTING ORGANIZATION'S BOARD. THE FOUNDATION'S CFO THEN REVIEWS THE FORM 990 AND RELATED DOCUMENTS WITH THE SUPPORTING ORGANIZATION BOARD BEFORE THE FORM 990 IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DIRECTORS, OFFICERS, COMMITTEE MEMBERS, ADVISORS AND EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST BY SIGNING A DISCLOSURE STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS OR DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0COLLIER COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1COLLIER COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0COLLIER COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1LAWRENCE AND ELLEN MACKS FAMILY FOUNDATION OF FLORIDA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0592396243
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1834483334
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUPPORT OF COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 8
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01110 PINE RIDGE ROAD SUITE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt15811 PELICAN BAY BLVD SUITE 650
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NAPLES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1NAPLES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd034108
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd134108
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt025000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt11000000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0COLLIER COMMUNITY FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1COLLIER COMMUNITY FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06290777
IRS990/TotalAssetsEOYAmt07987385
IRS990/TotalAssetsGrp/BOYAmt06290777
IRS990/TotalAssetsGrp/EOYAmt07987385
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01010821
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt048049
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01000000
IRS990/TotalFunctionalExpensesGrp/TotalAmt01048049
IRS990/TotalGrossUBIAmt0-537
IRS990/TotalLiabilitiesBOYAmt050000
IRS990/TotalLiabilitiesEOYAmt01025000
IRS990/TotalLiabilitiesGrp/BOYAmt050000
IRS990/TotalLiabilitiesGrp/EOYAmt01025000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06240777
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06962385
IRS990/TotalOtherCompensationAmt053913
IRS990/TotalProgramServiceExpensesAmt01000000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0388274
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00

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