Cranial Academy Foundation Inc
- Assets
- $2.0m
- Revenue
- $223.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Woodland Hills, CA
- Founding
- 03/1995
- Data as of
- 12/2021
- EIN
- 35-1912585
Organization Overview
Cranial Academy Foundation Inc is located in Woodland Hills, CA. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cranial Academy Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Cranial Academy Foundation Inc generated $223.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $58.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RESEARCH AND SUPPORT OF OSTEOPATHY IN THE CRANIAL FIELD
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES FINANCIAL SUPPORT OF RESEARCH IN THE FOLLOWING AREAS RELATED TO 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 IN THE CRANIAL FIELD.
THE FOUNDATION PROVIDES FINANCIAL SUPPORT FOR PROFESSIONAL EDUCATIONAL PROGRAMS AND FOR SCHOLARSHIPS TO STUDENTS, RESIDENTS AND PHYSICIANS TO ATTEND STRUCTURED LEARNING PROGRAMS OF OSTEOPATHY IN THE CRANIAL FIELD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric J Dolgin DO Fca President | OfficerTrustee | 2 | $0 |
Hollis H King DO PHD Faao Fc Vice President | OfficerTrustee | 0.5 | $0 |
John C Reed MD Fca Secretary/treasurer | OfficerTrustee | 10 | $0 |
Richard A Feely DO Faao Fca Director | Trustee | 2 | $0 |
Quoc L Vo DO Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,891 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,891 |
| Total Program Service Revenue | $0 |
| Investment income | $23,098 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $167,511 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $223,500 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $25,079 |
| Fees for services: Legal | $2,400 |
| Fees for services: Accounting | $13,174 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,295 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $147 |
| Information technology | $1,816 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $850 |
| Total functional expenses | $58,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,253 |
| Savings and temporary cash investments | $76,418 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,931 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,821,972 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,563 |
| Total assets | $1,963,137 |
| Accounts payable and accrued expenses | $31,995 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $31,995 |
| Net assets without donor restrictions | $995,732 |
| Net assets with donor restrictions | $935,410 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,963,137 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cranial Academy Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Orange County Community Foundation Newport Beach, CA PURPOSE: HEALTH & WELLNESS | $10,000 |
Endowment Analysis
| Beg. Balance | $419,203 |
| Earnings | $88,865 |
| Net Contributions | $20,204 |
| Other Expense | $84,064 |
| Ending Balance | $444,208 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Perinatal Advisory Council Leadership Advocacy And Consultati Glendale, CA | $281,386 | $625,778 |
Kern County Dental Society Bakersfield, CA | $110,024 | $0 |
American Prosthodontic Society San Diego, CA | $153,598 | $82,199 |
Realizations Inc American Canyon, CA | $0 | $73,883 |
Cranial Academy Foundation Inc Woodland Hills, CA | $1,963,137 | $223,500 |
Association Of Anatomy Chairmen Department Of Biological Structure Colton, CA | $62,802 | $21,503 |