The Mike Capasso Foundation
Nonprofit profile at a glance
- EIN
- 873493097
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Wilmington, MA, USA
- Phone
- 6175014529
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Winter Sports
Reported finances
- Revenue
- $54,025
- Expenses
- $29,697
- Assets
- $38,354
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- CHRISTOPHER CAPASSO (PRESIDENT)
People named in this filing
- CHRISTOPHER CAPASSO (PRESIDENT)
- SHARON CAPASSO (TREASURER)
- KAYLA CAPASSO (CLERK)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Foundation to raise funds to help local students and families in need. The need is provided in the form of educational scholarships. Donations to families struggling with cancer or mental physical illnesses.
What it reported doing in 2025
Annual golf outing
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 64
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.1%; rating input score 90
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 45%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 1.29; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 90.1% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $49K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.