Cape Assist Inc
Cape Assist Inc: Consistent Growth, Strong Program Spending
EIN: 222413312 · Wildwood, NJ · NTEE: G82Z · Updated: 2026-04-04
Is Cape Assist Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cape Assist Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cape Assist Inc
Cape Assist Inc (EIN: 222413312) is a nonprofit organization based in Wildwood, NJ, classified under NTEE code G82Z. The organization reported total revenue of $3.0M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cape Assist 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 Cape Assist Inc with a Mission Score of 85 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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Cape Assist Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation appears reasonable, with the highest paid individual receiving $190,744 in 2023, which is appropriate for an organization of this size and revenue.
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.
Strengths
The following positive indicators were identified for Cape Assist Inc:
- Consistently high program spending, averaging 88% of total expenses in 2023.
- Steady revenue growth from $1.2M in 2016 to $2.9M in 2023.
- Healthy asset growth, increasing from $818,023 in 2016 to $2,543,929 in 2023.
- Low fundraising costs, indicating efficient resource allocation for donor engagement.
Frequently Asked Questions about Cape Assist Inc
Is Cape Assist Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cape Assist Inc (EIN: 222413312) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Cape Assist Inc spend its money?
Cape Assist Inc directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cape Assist Inc tax-deductible?
Cape Assist Inc is registered as a tax-exempt nonprofit (EIN: 222413312). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Cape Assist Inc do?
Cape Assist Inc is a nonprofit organization in the Diseases, Disorders & Medical Disciplines sector, located in Wildwood, New Jersey. It is classified under NTEE code G82Z.
How much revenue does Cape Assist Inc have?
Cape Assist Inc reported total revenue of $3,030,317. Based on 13 IRS 990 filings on record.
What are Cape Assist Inc's total assets?
Cape Assist Inc holds total assets of $2,863,563 as reported in IRS 990 filings.
Where is Cape Assist Inc located?
Cape Assist Inc is based in Wildwood, New Jersey.
What is Cape Assist Inc's EIN?
Cape Assist Inc's Employer Identification Number (EIN) is 222413312. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Cape Assist Inc?
Cape Assist Inc is classified under NTEE code G82Z (Diseases, Disorders & Medical Disciplines).
Is Cape Assist Inc a registered 501(c)(3)?
Yes, Cape Assist Inc is recognized as a tax-exempt organization by the IRS. EIN: 222413312.
Does Cape Assist Inc file IRS Form 990?
Yes, Cape Assist Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Cape Assist Inc's revenue in 2023?
In the 202312 filing period, Cape Assist Inc reported total revenue of $2,921,668, total expenses of $2,592,942, and net assets of $2,543,929.
Is Cape Assist Inc's revenue growing or declining?
Cape Assist Inc's revenue is growing. Revenue went from $2,512,683 (202212) to $2,921,668 (202312), a +16.3% change. Based on 13 filings on record.
What is Cape Assist Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Cape Assist Inc covers tax period 202312. It shows revenue of $2,921,668, expenses of $2,592,942, total assets of $2,543,929, and liabilities of $190,744.
How much does Cape Assist Inc spend on programs vs administration?
Based on IRS 990 analysis, Cape Assist Inc allocates approximately 88% of expenses to program services, 7% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Cape Assist Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Cape Assist Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Cape Assist Inc's strengths?
Positive indicators for Cape Assist Inc include: Consistently high program spending, averaging 88% of total expenses in 2023.. Steady revenue growth from $1.2M in 2016 to $2.9M in 2023.. Healthy asset growth, increasing from $818,023 in 2016 to $2,543,929 in 2023.. Low fundraising costs, indicating efficient resource allocation for donor engagement.. These findings are derived from AI analysis of the organization's financial filings.
How does Cape Assist Inc compensate executives?
Executive compensation appears reasonable, with the highest paid individual receiving $190,744 in 2023, which is appropriate for an organization of this size and revenue. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Cape Assist Inc managed to achieve consistent revenue and asset growth over the past seven years?
Cape Assist Inc has demonstrated consistent revenue growth, increasing from $1,224,213 in 2016 to $2,921,668 in 2023. This growth, coupled with a corresponding increase in assets from $818,023 to $2,543,929 over the same period, suggests effective program delivery and successful fundraising efforts that have allowed the organization to expand its capacity and reach.
Filing History
IRS 990 filing history for Cape Assist Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cape Assist Inc's revenue has grown by 236.4%, moving from $869K to $2.9M. Total assets increased by 160.2% over the same period, from $978K to $2.5M. Total functional expenses rose by 202.3%, from $858K to $2.6M. In its most recent filing year (2023), Cape Assist Inc reported a surplus of $329K, with revenue exceeding expenses. The organization holds $191K in liabilities against $2.5M in assets (debt-to-asset ratio: 7.5%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $2.6M | $2.5M | $191K | — | View 990 |
| 2022 | $2.5M | $2.4M | $2.2M | $215K | — | View 990 |
| 2021 | $2.3M | $1.9M | $2.3M | $359K | — | View 990 |
| 2020 | $2.2M | $1.7M | $1.8M | $153K | — | View 990 |
| 2019 | $2.1M | $1.9M | $1.3M | $157K | — | View 990 |
| 2018 | $1.6M | $1.4M | $1.1M | $200K | — | View 990 |
| 2017 | $1.4M | $1.3M | $945K | $231K | — | View 990 |
| 2016 | $1.2M | $1.2M | $818K | $257K | — | View 990 |
| 2015 | $1.2M | $1.2M | $870K | $304K | — | View 990 |
| 2014 | $1.1M | $1.0M | $790K | $196K | — | View 990 |
| 2013 | $777K | $871K | $805K | $221K | — | View 990 |
| 2012 | $943K | $911K | $924K | $247K | — | View 990 |
| 2011 | $869K | $858K | $978K | $320K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $2.6M, and assets of $2.5M (revenue +16.3% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.4M, and assets of $2.2M (revenue +7.5% year-over-year).
- 2021: Revenue of $2.3M, expenses of $1.9M, and assets of $2.3M (revenue +6.3% year-over-year).
- 2020: Revenue of $2.2M, expenses of $1.7M, and assets of $1.8M (revenue +4.1% year-over-year).
- 2019: Revenue of $2.1M, expenses of $1.9M, and assets of $1.3M (revenue +36.2% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.4M, and assets of $1.1M (revenue +8.7% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.3M, and assets of $945K (revenue +16.5% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $818K (revenue +5.9% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $870K (revenue +9.8% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $790K (revenue +35.5% year-over-year).
- 2013: Revenue of $777K, expenses of $871K, and assets of $805K (revenue -17.5% year-over-year).
- 2012: Revenue of $943K, expenses of $911K, and assets of $924K (revenue +8.5% year-over-year).
- 2011: Revenue of $869K, expenses of $858K, and assets of $978K.
Data Sources and Methodology
This transparency report for Cape Assist 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.