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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This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

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.
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

Charts

Compensation % of Expenses Paid to Title
$90,211 1.84% Steven Jackobs Executive Director

Mission

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Capital IDEA (TX) 92.20 four stars
East Bay Alliance for A Sustainable Economy (CA) 91.25 four stars
Urban Alliance (DC) 93.91 four stars
The Cara Program (IL) 90.78 four stars
Millionair Club Charity (WA) 90.58 four stars

Compare These Charities (Highly Rated)

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