X

Charity Navigator relies on donations from users like you.
Dear Reader: Did you know that we never charge charities to be rated on our site? This allows us to maintain independence and conduct unbiased evaluations. If everyone reading this now donated $5, our website would be sustained for years to come. If Charity Navigator is useful to you, take a minute to keep it online and free for another year.
Charity Navigator is a nonprofit too. We rely on donations. If everyone reading this donated $5, we could keep it online for another year.
Maybe later  |   I already donated
Disable all preview features

Human Services : Social Services

Capital IDEA

Connecting people to their future

three stars

89.99

835 North Pleasant Valley Road Third Floor
Austin, TX 78702
tel: (512) 457-8610   Web Site
EIN: 74-2893041

Board Leadership
Melynda Caudle
Board Chair

CEO
Steve Jackobs
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 89.99 three stars
  Financial 91.11 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 09/01/2018 and includes data from FY2017, the most recent 990 received at that time.

Founded in 1999, Capital IDEA offers financial support to adults pursuing higher education. Our mission is to lift working adults out of poverty and into living wage careers through education. Capital IDEA accomplishes this by connecting with local employers and supporting adults in targeted, career oriented fields. We aim to help our participants overcome common barriers that prevent low-income adults from entering skilled occupations. The inability to pay for the necessary education is only one barrier. Other common barriers include a lack of familiarity with college and financial aid systems, and being academically unprepared for college level courses. Our ultimate goal for our participants is employment.

Founded in 1999, Capital IDEA offers financial support to adults pursuing higher education. Our mission is to lift working adults out of poverty and into living wage careers through education. Capital IDEA accomplishes this by connecting with local employers and supporting adults in targeted, career oriented fields. We aim to help our participants overcome common barriers that prevent low-income adults from entering skilled occupations. The inability to pay for the necessary education is only one barrier. Other common barriers include a lack of familiarity with college and financial aid systems, and being academically unprepared for college level courses. Our ultimate goal for our participants is employment.

Financial

four stars

91.11

Accountability & Transparency

three stars

89.00

This rating was published 09/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
84.5%
  Administrative Expenses 14.5%
  Fundraising Expenses 0.8%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 0.68
  Program Expenses Growth 6.3%
  Liabilities to Assets 7.9%
All data for Financial Performance Metrics calculations was provided by Capital IDEA on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Capital IDEA on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Capital IDEA (TX) 89.99 three stars
WHW (CA) 88.41 three stars
Urban Alliance (DC) 95.47 four stars
San Diego Second Chance Program (CA) 87.55 three stars
Goodwill Industries of Denver (CO) 90.16 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,854,477
   Federated Campaigns $58,370
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $3,024,952
Total Contributions $5,937,799
   Program Service Revenue $75,869
Total Primary Revenue $6,013,668
   Other Revenue $5,911
TOTAL REVENUE $6,019,579
   
EXPENSES  
   Program Expenses $3,867,402
   Administrative Expenses $581,928
   Fundraising Expenses $34,425
TOTAL FUNCTIONAL EXPENSES $4,483,755
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,535,824
   
Net Assets $3,169,148

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Training and Support Services $3,867,402 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-09 09/01/2018 89.99 three stars
2016-09 07/01/2017 86.73 three stars
2015-09 11/01/2016 86.73 three stars
2014-09 06/01/2016 86.51 three stars
 
CN 2.0
2014-09 10/01/2015 85.80 three stars
2013-09 06/01/2014 87.52 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 74-2893041
Name in IRS Master File CAPITAL INVESTING IN DEVELOPMENT AND EMPLOYMENT OF ADULTS INC
NTEE Code P20
NTEE Classification Human Service Organizations - Multipurpose
NTEE Type Human Services - Multipurpose and Other
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 1999
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
  • September, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$95,568 2.13% Steven Jackobs Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Capital IDEA (TX) 89.99 three stars
Goodwill Industries of South Central Virginia (VA) 87.21 three stars
Millionair Club Charity (WA) 92.24 four stars
San Diego Second Chance Program (CA) 87.55 three stars
Jewish Vocational Service of Boston (MA) 91.25 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Capital IDEA
835 North Pleasant Valley Road
Third Floor
Austin, TX 78702
tel: (512) 457-8610
fax: (512) 287-3061
EIN: 74-2893041

Visit Web Site

Board Leadership

Melynda Caudle
Board Chair

CEO

Steve Jackobs
Executive Director

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.