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Nonprofiteer
← CRANIAL ACADEMY FOUNDATION INC

Form 990 for tax year 2024

Filed by CRANIAL ACADEMY FOUNDATION INC.

Totals

Total revenue
$270,510
Total expenses
$248,587
Contributions and grants received
$133,757
Grants paid
$84,500
Program service revenue
$0
Investment income
$136,753
Other revenue
$0
Total assets, end of year
$2,044,312
Total liabilities, end of year
$42,297
Net assets or fund balances, end of year
$2,002,015
Program services expenses (Part IX)
$88,712
Management and general expenses
$159,875
Fundraising expenses
$0
Program service expenses (Part III)
$88,712

Program services were 35.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $133,757

  • 3 · Investment income

    total $50,064 · excluded $50,064

  • 7a · Gross sales of assets other than inventory

    securities $718,992

  • 7b · Less cost or other basis and sales expenses

    securities $632,303

  • 7c · Gain or loss

    securities $86,689

  • 7d · Net gain or loss

    total $86,689 · excluded $86,689

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $84,500 · program services $84,500

  • 11a · Fees: management

    total $48,340 · management and general $48,340

  • 11b · Fees: legal

    total $20,448 · management and general $20,448

  • 11c · Fees: accounting

    total $25,973 · management and general $25,973

  • 11f · Fees: investment management

    total $12,115 · management and general $12,115

  • 11g · Fees: other

    total $5,479 · management and general $5,479

  • 13 · Office expenses

    total $8,040 · management and general $8,040

  • 14 · Information technology

    total $9,971 · management and general $9,971

  • 19 · Conferences, conventions and meetings

    total $21,559 · management and general $21,559

  • 22 · Depreciation, depletion and amortization

    total $8,426 · program services $4,212 · management and general $4,214

  • 23 · Insurance

    total $1,025 · management and general $1,025

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $2,711 · management and general $2,711

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $131,690 · end of year $72,365

  • 2 · Savings and temporary cash investments

    beginning of year $135,699 · end of year $206,994

  • 4 · Accounts receivable

    beginning of year $0 · end of year $58

  • 9 · Prepaid expenses and deferred charges

    beginning of year $375 · end of year $7,448

  • 10a · Land, buildings and equipment: cost or other basis

    $35,785

  • 10b · Land, buildings and equipment: accumulated depreciation

    $17,577

  • 10c · Land, buildings and equipment, net

    beginning of year $23,926 · end of year $18,208

  • 11 · Investments: publicly traded securities

    beginning of year $1,643,123 · end of year $1,739,239

  • 15 · Other assets

    beginning of year $3,484 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $17,006 · end of year $14,045

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $28,252

  • 27 · Net assets without donor restrictions

    beginning of year $1,393,217 · end of year $915,419

  • 28 · Net assets with donor restrictions

    beginning of year $528,074 · end of year $1,086,596

Mission and programs · 2024

Mission

THE OSTEOPATHIC CRANIAL ACADEMY FOUNDATION EMPOWERS STUDENTS & PHYSICIANS WITH THE KNOWLEDGE, SKILLS, AND ABILITY OF OSTEOPATHY, ESPECIALLY CRANIAL OSTEOPATHY, AND FUNDS OSTEOPATHIC EDUCATION & RESEARCH.

Activities or mission (Part I)

RESEARCH AND SUPPORT OF OSTEOPATHY IN THE CRANIAL FIELD.

  • THE FOUNDATION PROVIDES FINANCIAL SUPPORT OF RESEARCH IN THE FOLLOWING AREAS RELATED TO OSTEOPATHY, OSTEOPATHIC MANIPULATIVE MEDICINE, AND OSTEOPATHY IN THE CRANIAL FIELD: PAIN, TRAUMATIC BRAIN INJURY, CONCUSSION, POST TRAUMATIC STRESS, INTEGRATIVE MEDICINE, AND OPTIMAL HEALTH PROMOTION. THE FOUNDATION ALSO DISSEMINATES RESULTS OF RESEARCH IN CLINICAL OUTCOMES AND BASIC SCIENCES IN SUPPORT OF THE CLINICAL AND PHYSIOLOGIC IMPACT OF OSTEOPATHY, OSTEOPATHIC MANIPULATIVE MEDICINE, AND OSTEOPATHY IN THE CRANIAL FIELD.

    Expenses $15,837 · Grants $11,625

  • THE FOUNDATION PROVIDES FINANCIAL SUPPORT FOR PROFESSIONAL EDUCATIONAL PROGRAMS AND FOR SCHOLARSHIPS TO STUDENTS, RESIDENTS, PHYSICIANS AND DENTISTS TO ATTEND STRUCTURED LEARNING PROGRAMS OF OSTEOPATHY, OSTEOPATHIC MANIPULATIVE MEDICINE, AND OSTEOPATHY IN THE CRANIAL FIELD.

    Expenses $72,875 · Grants $72,875

As filed on the 2024 return.

Listed in Part VII

  • Jared Cruz Do

    PHYSICIAN DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Alethea Caldwell Munsinger

    NON-PHYSICIAN DIRECTOR

    Total calculated
    $0
    Hours/week
    15

  • Christopher Stephenson Do

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Eric J Dolgin Do Fca

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Quoc L Vo Do

    VICE PRESIDENT/SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • Richard A Feely Do Faao Fca

    TREASURER

    Total calculated
    $0
    Hours/week
    4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
2 June 2025
IRS schema version
2024v5.1
Source object
202541549349301764

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