Community Foundation for Oak Park C/o Jay Kapitz

Nonprofit profile at a glance

EIN
953416510
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Agoura Hills, CA, USA
Phone
8183379889
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Foundations

Official website

Reported finances

Revenue
$252,865
Expenses
$247,676
Assets
$409,886
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • GERALD CLEBANOFF (PRESIDENT)

People named in this filing

  • APRYLLE BECK (SECRETARY)
  • GERALD CLEBANOFF (PRESIDENT)
  • JAY KAPITZ (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support needed and desired oak park community programs and projects by acting as a governing body and tax-exempt umbrella for community groups and donor-defined funds.

What it reported doing in 2024

Grants/scholarships given during the current fiscal year by the following activity committees: the general fund, friends of the oak park library, oak park performing arts alliance, op gardeners, oak park fire safe council, friends of the oak park open space and the oak park instrumental music association.each committee is self-governing under the supervision of the foundation's board of trustees, each with its own bylaws, officers, and members. Periodic reports on the committees' activities are presented to the board of trustees. The foundation's treasurer oversees the committees' fiscal affairs to ensure that they operate in a manner consistent with a tax-exempt charity. The three largest programs during the fiscal year-ending june 30, 2025 were as follows: oak park performing arts alliance: supports the visual and performing arts curricula and activities throughout the oak park unified school district. (approximately $43,080 of program, scholarship and grant expenses)friends of the oak park open space: supports the preserving and protecting of the open land in the community. (approximately $42,907 of program and grant expenses)oak park instrumental music association: supports the music curricula and activities throughout the oak park unified school district. (approximately $107,115 of program and grant expenses)

Operating model

Revenue model
Donor-supported. 65% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 89% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 67
  • Accountability: 88
  • Sustainability: 54
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.6%; rating input score 96
  • Program expense ratio: 96.9%; rating input score 97
  • Fundraising efficiency: $186.9 raised per $1 spent on fundraising; rating input score 91; 91st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 11.9%; rating input score 12; 38th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2.1%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 1.65; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -3.2% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: -3.3% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: 0.1% per year; rating input score 100; 25th percentile among comparable filings

Details

  • Where the money goes: 95.6% of revenue deployed · 96.9% of spending went to programs
  • Governance: 6 of 6 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $240K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 15 of 16 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Grant itemization coverage scored 12/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.