Michael & Donna Kaplan Foundation is a 501(c)(3) organization based in Plymouth, Minnesota, registered in 2014, with $267,947 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$268K
▲ 190.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$177K
Net assets
$385K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Michael & Donna Kaplan Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Michael & Donna Kaplan Foundation: 26 mo reserves · +34% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Michael & Donna Kaplan Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Michael & Donna Kaplan Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $179K (FY2014) to $268K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
34.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$385K
Total liabilities
$0
Net assets
$385K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $267,947▲190% | $176,630▲7.0% | $384,555▲31.1% | $384,555▲31.1% | 990PF |
| 2023 | $92,299▼49.2% | $165,037▲12.2% | $293,238▼19.9% | $293,238▼19.9% | 990PF |
| 2022 | $181,623▲144% | $147,047▼6.4% | $365,976▲10.4% | $365,976▲10.4% | 990PF |
| 2021 | $74,318▲54.2% | $157,138▲3.1% | $331,400▼20.0% | $331,400▼20.0% | 990PF |
| 2020 | $48,184▼79.5% | $152,464▲56.7% | $414,220▼20.1% | $414,220▼20.1% | 990PF |
| 2019 | $235,064 | $97,327 | $518,500 | $518,500 | 990PF |
| 2018 | $0▼100% | $0▼100% | $0▼100% | $0▼100% | 990PF |
| 2017 | $119,630▲425% | $86,519▲6.0% | $431,721▲8.3% | $431,721▲8.3% | 990PF |
| 2016 | -$36,813▼19907% | $81,623▼1.3% | $398,610▼22.9% | $398,610▼22.9% | 990PF |
| 2015 | -$184▼100% | $82,683▲4.2% | $517,046▼13.8% | $517,046▼13.8% | 990PF |
| 2014 | $179,298 | $79,385 | $599,913 | $599,913 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Michael & Donna Kaplan Foundation (EIN 46-4374951) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.