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Nonprofiteer
← BLUE CAP FOUNDATION INC

Form 990 for tax year 2024

Filed by BLUE CAP FOUNDATION INC.

Totals

Total revenue
$114,360
Total expenses
$84,336
Contributions and grants received
$43,665
Grants paid
$58,528
Program service revenue
$0
Investment income
$56,176
Other revenue
$14,519
Total assets, end of year
$1,593,491
Total liabilities, end of year
$401
Net assets or fund balances, end of year
$1,593,090
Program services expenses (Part IX)
$58,528
Management and general expenses
$25,808
Fundraising expenses
$0
Program service expenses (Part III)
$58,528

Program services were 69.4% 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.

  • 1c · Fundraising events

    $42,550

  • 1f · All other contributions, gifts and grants

    $1,115

  • 3 · Investment income

    total $54,817 · excluded $54,817

  • 7a · Gross sales of assets other than inventory

    securities $1,359

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

    securities $0

  • 7c · Gain or loss

    securities $1,359

  • 7d · Net gain or loss

    total $1,359 · excluded $1,359

  • 8a · Fundraising events: gross income

    $34,002

  • 8a · Fundraising events: contributions included on line 1c

    $42,550

  • 8b · Fundraising events: direct expenses

    $19,483

  • 8c · Net income from fundraising events

    total $14,519 · excluded $14,519

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $58,528 · program services $58,528

  • 11c · Fees: accounting

    total $13,226 · management and general $13,226

  • 11f · Fees: investment management

    total $10,530 · management and general $10,530

  • 24e · All other expenses

    total $2,052 · management and general $2,052

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $43,543 · end of year $21,351

  • 4 · Accounts receivable

    beginning of year $18,661 · end of year $24,392

  • 11 · Investments: publicly traded securities

    beginning of year $1,400,999 · end of year $1,547,748

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,240 · end of year $401

  • 27 · Net assets without donor restrictions

    beginning of year $1,461,963 · end of year $1,593,090

Mission and programs · 2024

Mission

PROMOTE BLUE ISLAND CITIZENS FOR PERSONS WITH INTELLECTUAL DISABILITIES (BLUE CAP) MISSION AND ASSIST IN SECURING PRIVATE FUNDING FOR BLUE CAP'S PROGRAMS THAT BENEFIT CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES.

  • PROVIDE DONATIONS TO BLUE CAP TO HELP SUPPORT THEIR MISSION.

    Expenses $58,528 · Grants $58,528

As filed on the 2024 return.

Listed in Part VII

  • Pat Thies

    EXECUTIVE DIRECTOR

    Total calculated
    $130,128
    From this org
    $0
    From related orgs
    $130,128
    Other
    $0
    Hours/week
    2 + 40 related

  • Mike Valente

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Sheryl Germany

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Arthur Mike Connor

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • Jeffrey Deyoung

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Bill Gecsey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Dan Krause

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jeffrey Pettiford

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
29 April 2026
IRS schema version
2024v5.5
Source object
202611249349302386

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