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Nonprofit · EIN 31-1591503

CAPE ELEUTHERA FOUNDATION INC

Tax-exempt · PHILADELPHIA, PA 19107

Financials

$2.6M$3.4M2022$3.5M$3.4M2023$8.8M$3.4M2024
Revenue Expenses · by fiscal year end
Financials of CAPE ELEUTHERA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$8,828,582$3,419,357$5,409,225$23,244,478$1,058,338$22,186,140
June 30, 2024990$3,476,256$3,424,686$51,570$16,582,864$1,450,596$15,132,268
June 30, 2023990 (amended)$2,573,226$3,377,287-$804,061$15,278,920$2,065,500$13,213,420
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$8,391,465
Program service revenue
$186,989
Investment income
$250,128
Net gain from sales of assets
$218,274
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,138,869
Compensation of officers, directors and key employees
$122,499
Other salaries and wages
$570,024
Salaries, compensation and benefits (total)
$862,485
Professional fundraising fees
$0
Legal fees
$4,522
Accounting fees
$57,180
Occupancy
$31,993
Travel
$29,147
Program services (functional)
$2,474,720
Management and general (functional)
$512,945
Fundraising (functional)
$431,692

Balance sheet and other

Total assets, start of year
$16,582,864
Total assets, end of year
$23,244,478
Total liabilities, end of year
$1,058,338
Net assets, end of year
$22,186,140
Publicly traded securities
$15,939,702
Net assets without donor restrictions
$17,119,996
Net assets with donor restrictions
$5,066,144
Gross receipts
$8,828,582
Employees
8
Year formed
1998
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
TAYLOR HOFFMANEXECUTIVE DI
Officer
40$122,500
GIGI ANDERSONBOARD MEMBER
Trustee or director
–$0
JESSICA BAYLORBOARD MEMBER
Trustee or director
–$0
BILL BOHNSACKSECRETARY
Trustee or director, Officer
–$0
CARTER BROWNBOARD MEMBER
Trustee or director
–$0
WILLIAM C CAREYBOARD MEMBER
Trustee or director
–$0
ANDE FROSTBOARD MEMBER
Trustee or director
–$0
ANDREW HARRISBOARD MEMBER
Trustee or director
–$0
BENJAMIN HONEBOARD MEMBER
Trustee or director
–$0
DOMINIQUE KEEFEVICE CHAIR
Trustee or director, Officer
–$0
BRIAN S LEEBOARD MEMBER
Trustee or director
–$0
CHRISTOPHER NORRISTREASURER
Trustee or director, Officer
–$0
WILL NYSTROMCHAIR
Trustee or director, Officer
–$0
AMY RICHARDSONBOARD MEMBER
Trustee or director
–$0
DAVID TAFTBOARD MEMBER
Trustee or director
–$0
1 more people on this return
NameTitleHours / weekCompensation
JULIE VASQUEZ UKPONGBOARD MEMBER
Trustee or director
–$0
990 for the year ended June 30, 2024: 17 people
NameTitleHours / weekCompensation
TAYLOR HOFFMANEXECUTIVE DI
Officer
40$115,000
GIGI ANDERSONBOARD MEMBER
Trustee or director
–$0
MARY KATE BARNESBOARD MEMBER
Trustee or director
–$0
JESSICA BAYLORBOARD MEMBER
Trustee or director
–$0
BILL BONSACKSECRETARY
Trustee or director, Officer
–$0
CARTER BROWNBOARD MEMBER
Trustee or director
–$0
WILLIAM C CAREYBOARD MEMBER
Trustee or director
–$0
ANDE FROSTBOARD MEMBER
Trustee or director
–$0
ANDREW HARRISBOARD MEMBER
Trustee or director
–$0
BENJAMIN HONEBOARD MEMBER
Trustee or director
–$0
DOMINIQUE KEEFEVICE CHAIR
Trustee or director, Officer
–$0
BRIAN S LEEBOARD MEMBER
Trustee or director
–$0
KIT NORRISTREASURER
Trustee or director, Officer
–$0
WILL NYSTROMCHAIR
Trustee or director, Officer
–$0
AMY RICHARDSONBOARD MEMBER
Trustee or director
–$0
DAVID TAFTBOARD MEMBER
Trustee or director
–$0
JULIE VASQUEZ UKPONGBOARD MEMBER
Trustee or director
–$0
990 for the year ended June 30, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
TAYLOR HOFFMANEXECUTIVE DIRECTOR
Officer
40$112,500$12,723
MARY KATE BARNESCHAIR
Trustee or director, Officer
2$0$0
TRICIA VANACORECO - CHAIR
Trustee or director, Officer
2$0$0
WILL NYSTROMSECRETARY AND TREASURER
Trustee or director, Officer
2$0$0
DOMINIQUE KEEFEBOARD MEMBER
Trustee or director
2$0$0
CHRISTOPHER NORRISBOARD MEMBER
Trustee or director
2$0$0
BILL BONSACKBOARD MEMBER
Trustee or director
2$0$0
GIGI ANDERSONBOARD MEMBER
Trustee or director
2$0$0
JULIE UKPONGBOARD MEMBER
Trustee or director
2$0$0
DAVID TAFTBOARD MEMBER
Trustee or director
2$0$0
JESSICA BAYLORBOARD MEMBER
Trustee or director
2$0$0
ANDE FROSTBOARD MEMBER
Trustee or director
2$0$0
BEN HONEBOARD MEMBER
Trustee or director
2$0$0
AMY RICHARDSONBOARD MEMBER
Trustee or director
2$0$0
BILL CAREYBOARD MEMBER
Trustee or director
2$0$0
BRIAN LEEBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1100 LUDLOW STREET FLOOR 7, PHILADELPHIA, PA 19107-4242
In care of
% TAYLOR HOFFMAN
Principal officer (990 for 2024)
TAYLOR HOFFMAN, 1900 MARKET STREET 8TH FLOOR, PHILADELPHIA, PA 19103
Signed the 990
TAYLOR HOFFMAN, EXECUTIVE DIRECTOR
Phone
(866) 730-6624
Return prepared by
BARATZ & ASSOCIATES PA

Mission

TO PROVIDE CHARITABLE FUNDING SUPPORT FOR EDUCATION, SCIENTIFIC RESEARCH, COMMUNITY LEADERSHIP, AND SUSTAINABLE TECHNOLOGIES ON THE ISLAND OF ELEUTHERA AND AROUND THE WORLD.

990 for the year ended June 30, 2025

Program accomplishments

  • THE CAPE ELEUTHERA FOUNDATION INC. PROVIDES STAFF AND OTHER FINANCIAL ASSISTANCE FOR THE FURTHERANCE OF EDUCATION AT THE CAPE ELUTHERA ISLAND SCHOOL IN CAPE ELEUTHERA, BAHAMAS. IT SUPPORTS PROGRAM-BASED EDUCATION, SCIENTIFIC RESEARCH, COMMUNITY LEADERSHIP, AND SCIENTIFIC TECHNOLOGIES. THESE PROGRAMS OFFER STUDENTS AND STAFF A UNIQUE EXPERIENCE THAT CONNECTS THEM MORE INTIMATELY WITH THEIR ENVIRONMENT AND ON-GOING EFFORTS FOR SUSTAINABLE DEVELOPMENT AND ENVIORNMENTAL STEWARDSHIP IN SOUTH ELEUTHERA.
    Expenses $2,474,720 · grants $2,138,869

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
31-1591503
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$23,244,478
Income (IRS master file)
$8,828,582

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$8,828,582$3,419,357$23,244,478XML
990June 2024$3,476,256$3,424,686$16,582,864IRS
990June 2023$2,573,226$3,377,287$15,278,920XML
990June 2022$2,718,445$3,104,276$15,376,546IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1591503).

Questions about CAPE ELEUTHERA FOUNDATION INC

What is the EIN of CAPE ELEUTHERA FOUNDATION INC?
The employer identification number (EIN) of CAPE ELEUTHERA FOUNDATION INC is 31-1591503.
Is CAPE ELEUTHERA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to CAPE ELEUTHERA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CAPE ELEUTHERA FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CAPE ELEUTHERA FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CAPE ELEUTHERA FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CAPE ELEUTHERA FOUNDATION INC?
The 990 for the year ended June 30, 2025 names TAYLOR HOFFMAN.
Who are the officers and directors of CAPE ELEUTHERA FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 16 people; 1 received compensation from the organization, the highest $122,500 (TAYLOR HOFFMAN, EXECUTIVE DI).
How much revenue does CAPE ELEUTHERA FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,828,582, expenses of $3,419,357 and total assets of $23,244,478 at year end.

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