Nonprofit screen
Screen a listCapital Area Asset Building Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$2.2Mrevenue
FY2024 · −11% in 3 yrs17staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−58.0%
Months of reserve11.0mo
Revenue growth (annualized)+1.1%
Middle half of peersMedianCapital Area Asset Building
Where the money goes FY2024 · $3.4M spent
Programs$2.0M58%Management and general$1.4M42%Fundraising$21k1%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$764k in FY2023 and −$1.3M in FY2024. Cash covers 11.0 months, above the peer median of 5.5.
990 Part I and balance sheetIn its favor2
Strong governance
10 of 10 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 8 of its 8 returns, 35% of revenue in FY2024.
990 Part VIII29funders
$1.0Ma year, last 3 years
46%from its largest funder
Funder’17’18’19’20’21’22’23Clark Charitable Foundation Inc Dba a James & Alice B Clark FoundationStopped after FY2022$405k$245k$200k–Martha's Table IncNew in FY2023$359kJane Bancroft Robinson Foundation IncOn and off$60k$50k$13k$33kThe Morris and Gwendolyn Cafritz FoundationSince FY2021$45k$45k$45kThe Bank of America Charitable Foundation IncOn and off$127kCiti FoundationOn and off$100kDonor-advised giftsDonors not disclosed$30k$60k$55k$76k$825k$291k$650k15 other fundersUp to $150k a year each$75k$30k$145k$90k$10k$53k$165k
FundedThrough a donor-advised fundStopped