Capital Community College Foundation Inc
Capital Community College Foundation: Strong Asset Growth, but Transparency Lacking
EIN: 222513381 · Hartford, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $431K |
| Total Expenses | $337K |
| Program Spending | 70% |
| Net Assets | $2.6M |
| Transparency Score | 75/100 |
Is Capital Community College Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Capital Community College Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Capital Community College Foundation Inc
Capital Community College Foundation Inc (EIN: 222513381) is a nonprofit organization based in Hartford, CT. The organization reported total revenue of $431K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capital Community College Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capital Community College Foundation Inc is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $408K |
| Total Expenses | $337K |
| Surplus / Deficit | +$72K |
| Total Assets | $2.7M |
| Total Liabilities | $126K |
| Net Assets | $2.6M |
| Operating Margin | 17.6% |
| Debt-to-Asset Ratio | 4.6% |
| Months of Reserves | 97.3 months |
Financial Health Grade: A
In 2024, Capital Community College Foundation Inc reported a surplus of $72K with revenue exceeding expenses, holds 97.3 months of operating reserves (strong position), has a debt-to-asset ratio of 4.6% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Capital Community College Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +18.9% | +53.7% | +18.3% |
| 2023 | +2.5% | -48.8% | +14.4% |
| 2022 | +0.5% | +125.6% | -20.7% |
| 2021 | +315.4% | -33.3% | +23.4% |
| 2020 | -88.9% | -48.3% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Capital Community College Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Capital Community College Foundation Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $72K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.6%.
Executive Compensation Analysis
Without specific compensation figures for individual executives in the provided filings, a detailed assessment of executive compensation is not possible.
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 Capital Community College Foundation Inc's IRS 990 filings:
- Lack of detailed executive compensation disclosure in public filings.
- Limited transparency regarding specific program expenditures beyond general categories.
Strengths
The following positive indicators were identified for Capital Community College Foundation Inc:
- Consistent growth in assets, reaching $2,729,387 in 2024.
- Healthy revenue streams, with $408,454 reported in 2024.
- Low liability percentage relative to assets, indicating financial stability.
Frequently Asked Questions about Capital Community College Foundation Inc
Is Capital Community College Foundation Inc a legitimate charity?
Capital Community College Foundation Inc (EIN: 222513381) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $431K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Capital Community College Foundation Inc spend its money?
Capital Community College Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Capital Community College Foundation Inc tax-deductible?
Capital Community College Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222513381). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Capital Community College Foundation Inc's spending goes to programs?
Capital Community College Foundation Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Capital Community College Foundation Inc located?
Capital Community College Foundation Inc is headquartered in Hartford, Connecticut and files with the IRS under EIN 222513381.
How many years of IRS 990 filings does Capital Community College Foundation Inc have?
Capital Community College Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $431K in total revenue.
What does Capital Community College Foundation Inc do?
Capital Community College Foundation Inc is a nonprofit organization in the Unknown sector, located in Hartford, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Capital Community College Foundation Inc have?
Capital Community College Foundation Inc reported total revenue of $431,078. Based on 13 IRS 990 filings on record.
What are Capital Community College Foundation Inc's total assets?
Capital Community College Foundation Inc holds total assets of $2,729,387 as reported in IRS 990 filings.
Where is Capital Community College Foundation Inc located?
Capital Community College Foundation Inc is based in Hartford, Connecticut.
What is Capital Community College Foundation Inc's EIN?
Capital Community College Foundation Inc's Employer Identification Number (EIN) is 222513381. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Capital Community College Foundation Inc?
Capital Community College Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Capital Community College Foundation Inc a registered 501(c)(3)?
Capital Community College Foundation Inc appears in IRS records (EIN: 222513381). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Capital Community College Foundation Inc file IRS Form 990?
Yes, Capital Community College Foundation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Capital Community College Foundation Inc's revenue in 2024?
In the 202406 filing period, Capital Community College Foundation Inc reported total revenue of $408,454, total expenses of $336,738, and net assets of $2,729,387.
Is Capital Community College Foundation Inc's revenue growing or declining?
Capital Community College Foundation Inc's revenue is growing. Revenue went from $343,638 (202306) to $408,454 (202406), a +18.9% change. Based on 13 filings on record.
What is Capital Community College Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Capital Community College Foundation Inc covers tax period 202406. It shows revenue of $408,454, expenses of $336,738, total assets of $2,729,387, and liabilities of $126,313.
How much does Capital Community College Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Capital Community College Foundation Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Capital Community College Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Capital Community College Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Capital Community College Foundation Inc?
The following concerns were identified: Lack of detailed executive compensation disclosure in public filings.. Limited transparency regarding specific program expenditures beyond general categories.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Capital Community College Foundation Inc's strengths?
Positive indicators for Capital Community College Foundation Inc include: Consistent growth in assets, reaching $2,729,387 in 2024.. Healthy revenue streams, with $408,454 reported in 2024.. Low liability percentage relative to assets, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Capital Community College Foundation Inc compensate executives?
Without specific compensation figures for individual executives in the provided filings, a detailed assessment of executive compensation is not possible. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the foundation ensure its spending directly benefits students and programs at Capital Community College given the lack of detailed program expenditure breakdowns?
While the filings show general expenses, a more granular breakdown of how the $336,738 in expenses for 2024 directly translates into student support or college programs is not readily apparent, making it difficult to assess the direct impact of spending.
What is the strategy behind the significant increase in assets from $2,017,388 in 2022 to $2,729,387 in 2024, and how does this growth align with the foundation's mission?
The substantial asset growth suggests successful investment or fundraising, but without further context, it's unclear if this growth is primarily for endowment building, future program expansion, or other strategic objectives that directly support the college's needs.
Filing History
IRS 990 filing history for Capital Community College Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Capital Community College Foundation Inc's revenue has grown by 388.6%, moving from $84K to $408K. Total assets increased by 129.8% over the same period, from $1.2M to $2.7M. Total functional expenses rose by 63.2%, from $206K to $337K. In its most recent filing year (2024), Capital Community College Foundation Inc reported a surplus of $72K, with revenue exceeding expenses. The organization holds $126K in liabilities against $2.7M in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $408K | $337K | $2.7M | $126K | — | — |
| 2023 | $344K | $219K | $2.3M | $801 | — | — |
| 2022 | $335K | $428K | $2.0M | $20K | — | View 990 |
| 2021 | $334K | $190K | $2.5M | $53K | — | — |
| 2020 | $80K | $284K | $2.1M | $170K | — | — |
| 2019 | $726K | $550K | $2.2M | $162K | — | View 990 |
| 2018 | $437K | $95K | $2.2M | $61K | — | View 990 |
| 2017 | $181K | $174K | $1.8M | $65K | — | View 990 |
| 2016 | $388K | $350K | $1.7M | $115K | — | View 990 |
| 2015 | $232K | $352K | $1.7M | $55K | — | View 990 |
| 2014 | $453K | $162K | $1.8M | $41K | — | View 990 |
| 2013 | $143K | $67K | $1.3M | $2K | — | View 990 |
| 2012 | $84K | $206K | $1.2M | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $408K, expenses of $337K, and assets of $2.7M (revenue +18.9% year-over-year).
- 2023: Revenue of $344K, expenses of $219K, and assets of $2.3M (revenue +2.5% year-over-year).
- 2022: Revenue of $335K, expenses of $428K, and assets of $2.0M (revenue +0.5% year-over-year).
- 2021: Revenue of $334K, expenses of $190K, and assets of $2.5M (revenue +315.4% year-over-year).
- 2020: Revenue of $80K, expenses of $284K, and assets of $2.1M (revenue -88.9% year-over-year).
- 2019: Revenue of $726K, expenses of $550K, and assets of $2.2M (revenue +65.9% year-over-year).
- 2018: Revenue of $437K, expenses of $95K, and assets of $2.2M (revenue +142.2% year-over-year).
- 2017: Revenue of $181K, expenses of $174K, and assets of $1.8M (revenue -53.5% year-over-year).
- 2016: Revenue of $388K, expenses of $350K, and assets of $1.7M (revenue +67.6% year-over-year).
- 2015: Revenue of $232K, expenses of $352K, and assets of $1.7M (revenue -48.9% year-over-year).
- 2014: Revenue of $453K, expenses of $162K, and assets of $1.8M (revenue +217.3% year-over-year).
- 2013: Revenue of $143K, expenses of $67K, and assets of $1.3M (revenue +70.7% year-over-year).
- 2012: Revenue of $84K, expenses of $206K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capital Community College Foundation Inc:
Data Sources and Methodology
This transparency report for Capital Community College Foundation 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.