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Human Services : Social Services

Capital IDEA

Connecting people to their future

four stars

92.20

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 92.20 four stars
  Financial 91.49 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 06/01/2019 and includes data from FY2018, 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.

Impact Information

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Financial

four stars

91.49

Accountability & Transparency

four stars

93.00

This rating was published 06/01/2019 and includes data from FY2018, 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)
85.2%
  Administrative Expenses 13.9%
  Fundraising Expenses 0.7%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 0.53
  Program Expenses Growth 6.5%
  Liabilities to Assets 5.5%
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) 92.20 four stars
Jewish Vocational Service of Boston (MA) 91.51 four stars
Twin Cities R!SE (MN) 86.03 three stars
East Bay Alliance for A Sustainable Economy (CA) 91.25 four stars
Goodwill Industries of Southeastern Wisconsin (WI) 89.39 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $992,368
   Federated Campaigns $70,516
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $3,012,329
Total Contributions $4,075,213
   Program Service Revenue $83,441
Total Primary Revenue $4,158,654
   Other Revenue $2,427
TOTAL REVENUE $4,161,081
   
EXPENSES  
   Program Expenses $4,145,338
   Administrative Expenses $709,858
   Fundraising Expenses $31,324
TOTAL FUNCTIONAL EXPENSES $4,886,520
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-725,439
   
Net Assets $2,443,709

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 $4,145,338 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-09 06/01/2019 92.20 four stars
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, 2018
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
Compensation % of Expenses Paid to Title
$90,211 1.84% Steven Jackobs Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Capital IDEA (TX) 92.20 four stars
Per Scholas (NY) 93.35 four stars
Jewish Vocational Service of Boston (MA) 91.51 four stars
NPower Inc. (NY) 95.50 four stars
JVS (CA) 90.92 four stars

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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

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