Is Capital Roots Inc Legit?

Quick charity verification for Capital Roots Inc (EIN: 141596291)

Verdict: Capital Roots Inc appears trustworthy

90/100Mission Score
$3.2MRevenue
$12.0MAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Capital Roots Inc demonstrates a generally healthy financial position with consistent revenue growth and increasing assets over the past decade. In the latest filing (202312), the organization reported revenues of $3,349,920 against expenses of $2,676,119, indicating a surplus that contributes to asset growth. Total assets have significantly increased from $3,824,615 in 2014 to $12,773,421 in 2023, suggesting strong financial management and potentially successful capital campaigns or investment strategies. The organization's liabilities have also increased, reaching $5,846,371 in 2023, which warrants monitoring but does not appear to be disproportionate to its asset base. The spending efficiency appears robust, with expenses consistently lower than revenues, allowing for reinvestment and asset accumulation. The absence of reported officer compensation across all filings is a notable aspect of their financial transparency, indicating that top leadership may be compensated through other means or that the organization operates with a volunteer executive structure, which is highly efficient. This practice, if sustained, contributes positively to the organization's ability to direct more funds towards its mission. Overall, Capital Roots Inc exhibits strong financial health, efficient spending patterns given the consistent surpluses, and a high degree of transparency regarding executive compensation. The substantial growth in assets and consistent revenue generation position the organization well for continued program delivery and expansion.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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