Capabilities Inc

Is Capabilities Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Capabilities Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Capabilities Inc

Capabilities Inc (EIN: 160807981) is a nonprofit organization based in Elmira, NY, classified under NTEE code J30Z. The organization reported total revenue of $3.2M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capabilities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Capabilities Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, Capabilities Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of this size (latest revenue $3,199,405) and suggests either a volunteer leadership model or that compensation is reported under different categories, though the former is more likely given the consistent reporting.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Capabilities Inc's IRS 990 filings:

• Recent operational deficits (expenses exceeding revenue in 2022 and 2023)

Strengths

The following positive indicators were identified for Capabilities Inc:

• Consistent reporting of 0% officer compensation
• Stable and substantial asset base (over $3.5 million)
• Low liabilities relative to assets
• Long operational history with 13 IRS 990 filings

Frequently Asked Questions about Capabilities Inc

Filing History

IRS 990 filing history for Capabilities Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Capabilities Inc's revenue has grown by 166.7%, moving from $844K to $2.2M. Total assets increased by 45% over the same period, from $2.4M to $3.5M. Total functional expenses rose by 225.1%, from $835K to $2.7M. In its most recent filing year (2023), Capabilities Inc reported a deficit of $466K, with expenses exceeding revenue. The organization holds $254K in liabilities against $3.5M in assets (debt-to-asset ratio: 7.2%), resulting in net assets of $3.3M.

Year-by-Year Financial Summary

• 2023: Revenue of $2.2M, expenses of $2.7M, and assets of $3.5M (revenue -5.1% year-over-year).
• 2022: Revenue of $2.4M, expenses of $2.7M, and assets of $3.7M (revenue -19.0% year-over-year).
• 2021: Revenue of $2.9M, expenses of $2.6M, and assets of $4.5M (revenue +18.9% year-over-year).
• 2020: Revenue of $2.5M, expenses of $2.5M, and assets of $4.5M (revenue -2.0% year-over-year).
• 2019: Revenue of $2.5M, expenses of $2.4M, and assets of $4.0M (revenue +2.5% year-over-year).
• 2018: Revenue of $2.5M, expenses of $2.3M, and assets of $3.7M (revenue +6.7% year-over-year).
• 2017: Revenue of $2.3M, expenses of $2.2M, and assets of $3.7M (revenue -2.7% year-over-year).
• 2016: Revenue of $2.4M, expenses of $2.2M, and assets of $3.5M (revenue -1.9% year-over-year).
• 2015: Revenue of $2.4M, expenses of $2.2M, and assets of $3.2M (revenue +110.0% year-over-year).
• 2014: Revenue of $1.1M, expenses of $936K, and assets of $3.3M (revenue +6.6% year-over-year).
• 2013: Revenue of $1.1M, expenses of $829K, and assets of $3.2M (revenue -26.2% year-over-year).
• 2012: Revenue of $1.5M, expenses of $802K, and assets of $2.9M (revenue +72.8% year-over-year).
• 2011: Revenue of $844K, expenses of $835K, and assets of $2.4M.

Data Sources and Methodology

This transparency report for Capabilities Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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