Nonprofits/Organizations/83-2198097
Active
501(c)(3)
T30 · Philanthropy, Voluntarism & Grantmaking
Form 990

Casalena Foundation

EIN 83-2198097Kansas City, MO 64105Founded 2017WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

THE CASALENA FOUNDATION WILL WORK TO FURTHER THEIR VISION OF STRENGTHENING THE COMMON GOOD LOCALLY AND THROUGHOUT THE WORLD PRIMARILY THROUGH GRANTMAKING TO A RANGE OF CHARITABLE ORGANIZATIONS THAT FOCUS ON A VARIETY OF MATTERS. THE FOUNDATION ALSO WORKS TO ADVANCE INNOVATIVE PHILANTHROPIC SOLUTIONS TO CHALLENGING PROBLEMS.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$787K

+148.6%YoY

Total Expenses

$296K

-17.3%YoY

Net Assets

$220.7M

+37.6%YoY

Employees

0

Volunteers

1

Grants Paid

$75K

Program Expense Ratio

25.3%

This nonprofit profile presents IRS Form 990 tax filing data for Casalena Foundation (EIN: 83-2198097), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue grew +148.6% to $787K
Program spending ratio of 25.3% — below average
8946.5 months of operating reserves — strong cushion
Expenses decreased -17.3% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
3-member board, 1 independent

Compensation

Top compensation: $549,913 (DIRECTOR/TREASURER)
Top exec pay is 185.8% of total expenses — elevated
Schedule J filed for 2 individuals — detailed disclosure
No executive perks reported

Program Effectiveness

1 program reported
25.3% of spending goes to programs
No programs generate independent revenue
$75K in grants paid to other organizations
1 volunteers engaged

Financial Stability

Debt-to-asset ratio of 0.0% — low leverage
0.0 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets trending upward over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
Family or business relationships among officers/directors

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Casalena Foundation is a 501(c)(3) nonprofit headquartered in Kansas City, MO, founded in 2017. It is classified under NTEE code T30 (Public Foundations), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2019. In its 2024 filing, the organization reported $787K in total revenue, a 148.6% increase from the prior year, and $296K in total expenses. The organization engaged 1 volunteers. DEBORAH L WILKERSON, DIRECTOR/TREASURER, is the highest-compensated individual at $549,913. The organization runs 1 program, totaling $75K in program expenses. 4 of 6 recommended governance policies are in place.

Casalena Foundation is classified under NTEE code T30 (Public Foundations), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 21.

Programs(Tax Year 2024)

1 record

Programs Overview

Casalena Foundation operates 1 program, with total program expenses of $75K. Casalena Foundation's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $75,000

THE CASALENA FOUNDATION WORKS WITH ITS SUPPORTED ORGANIZATION, THE GREATER KANSAS CITY COMMUNITY FOUNDATION, TO HELP STRENGTHEN THE COMMON GOOD LOCALLY AND THROUGHOUT THE WORLD PRIMARILY THROUGH GRANTMAKING TO A RANGE OF CHARITABLE ORGANIZATIONS THAT FOCUS ON A VARIETY OF MATTERS. THE FOUNDATION ALSO WORKS TO ADVANCE INNOVATIVE PHILANTHROPIC SOLUTIONS TO CHALLENGING PROBLEMS.

Financial Overview(Tax Years 2019–2024)

6 records

Financial Highlights

Over the past 6 years, Casalena Foundation's revenue has declined from $75.9M to $787K, a 99.0% decrease. Program expenses represent 25% of total spending.

Revenue increased 148.6% year-over-year, while expenses declined 17.3%. net assets rose to $220.7M, up 37.6% from the prior year.

Casalena Foundation derives 100% from investment income.

Casalena Foundation allocates 25% to programs, 75% to management and general.

Revenue grew by 148.6% while expenses declined by only 17.3%, suggesting improving operational efficiency.

Casalena Foundation distributed $75K in grants to other organizations and individuals, representing 25% of total expenses.

Over 6 filings from 2019–2024, Casalena Foundation declined revenue from $75.9M to $787K (-99.0%) while maintaining a program expense ratio of 25%.

Casalena Foundation holds $220.7M in total assets against $33K in liabilities (debt-to-asset ratio of 0%). The organization has 1000.0 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$787K$0$0$0$787K
2023$317K$0$0$0$317K
2022$-4.0M$0$0$0$-4.0M
2021$2.1M$0$0$0$2.1M
2020$46.9M$37.0M$0$0$9.9M
2019$75.9M$75.7M$0$0$264K

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$296K$75K$221K$0$75K
2023$358K$145K$132K$0$145K
2022$374K$175K$199K$0$175K
2021$229K$30K$199K$0$30K
2020$228K$100K$128K$0$100K
2019$99K$0$99K$0$0

Program Expense Ratio

25.3%

Admin Expense Ratio

74.7%

Fundraising Efficiency

Operating Reserve

1000.0 mo

People & Compensation(Tax Year 2024)

3 records

Compensation Summary

Casalena Foundation reported compensation for 3 officers and key employees. Total officer compensation was $841K, representing 284.1% of total expenses. 1 individual received total compensation exceeding $500,000.

Casalena Foundation's highest-compensated individual received $550K in total compensation. Total officer compensation of $841K represents 284.1% of total expenses. 1 individual received total compensation exceeding $500,000.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
DEBORAH L WILKERSONDIRECTOR/TREASURER
OfficerDirector
0.10$0$490,724$549,913
COREY ZIEGLERDIRECTOR/SECRETARY
OfficerDirector
0.10$0$267,391$290,990
ANTHONY CASALENADIRECTOR/PRESIDENT
OfficerDirector
0.10$0$0$0

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

DEBORAH L WILKERSON

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

COREY ZIEGLER

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Casalena Foundation has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 3 members, 1 of whom are independent.

Casalena Foundation's financial statements are audited, an audit committee oversees the process.

Casalena Foundation has family or business relationships among officers, directors, or key employees.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members3
Independent members1

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2024)

1 record

Grantmaking Summary

Casalena Foundation awarded $75K across 1 grant to organizations. Top recipients include THE GREATER KANSAS CITY COMMUNITY FOUNDATION (Kansas City, MO) — $75K for philanthropy/volunteerism.

Organization Grants

RecipientLocationAmountPurpose
THE GREATER KANSAS CITY COMMUNITY FOUNDATION431152398Kansas City, MO$75KPhilanthropy/Volunteerism

Filing History(Tax Years 2019–2024)

6 records

Showing the 6 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$787K$296K$220.7M
2023
990
2023-01-01 – 2023-12-31$317K$358K$160.3M
2022
990
2022-01-01 – 2022-12-31$-4.0M$374K$111.5M
2021
990
2021-01-01 – 2021-12-31$2.1M$229K$148.2M
2020
990
2020-01-01 – 2020-12-31$46.9M$228K$228.7M
2019
990
2019-01-01 – 2019-12-31$75.9M$99K$91.5M

Frequently Asked Questions

What does Casalena Foundation do?

THE CASALENA FOUNDATION WILL WORK TO FURTHER THEIR VISION OF STRENGTHENING THE COMMON GOOD LOCALLY AND THROUGHOUT THE WORLD PRIMARILY THROUGH GRANTMAKING TO A RANGE OF CHARITABLE ORGANIZATIONS THAT FOCUS ON A VARIETY OF MATTERS. THE FOUNDATION ALSO WORKS TO ADVANCE INNOVATIVE PHILANTHROPIC SOLUTIONS TO CHALLENGING PROBLEMS.

How much revenue does Casalena Foundation have?

Casalena Foundation reported $786,887 in total revenue for tax year 2024, up 148.6% from the prior year.

Who is the highest-paid executive at Casalena Foundation?

DEBORAH L WILKERSON, DIRECTOR/TREASURER, received $549,913 in total compensation as of tax year 2024.

Is Casalena Foundation a 501(c)(3)?

Yes, Casalena Foundation is classified as a 501(c)(3) tax-exempt organization.

Where is Casalena Foundation located?

Casalena Foundation is headquartered in Kansas City, MO 64105.

What type of nonprofit is Casalena Foundation?

Casalena Foundation is classified under NTEE code T30 (Public Foundations), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.

Is Casalena Foundation audited?

Yes, Casalena Foundation's financial statements are audited, and the organization has an audit committee.

Does Casalena Foundation give grants?

Yes, Casalena Foundation distributed $75,000 in grants to other organizations and individuals in tax year 2024. Top recipients include THE GREATER KANSAS CITY COMMUNITY FOUNDATION.

Data Source

Prepared by: Forvis Mazars LLP, Kansas City, MO

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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