Capital Facilities Foundation Inc
Capital Facilities Foundation Inc. maintains stable operations with no reported officer compensation, but asset values have fluctuated significantly.
EIN: 202483538 · Greensboro, NC · NTEE: B11 · Updated: 2026-03-28
Is Capital Facilities 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 Facilities Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Capital Facilities Foundation Inc
Capital Facilities Foundation Inc (EIN: 202483538) is a nonprofit organization based in Greensboro, NC, classified under NTEE code B11. The organization reported total revenue of $567K and total assets of $20.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capital Facilities Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capital Facilities Foundation Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $580K |
| Total Expenses | $563K |
| Surplus / Deficit | +$17K |
| Total Assets | $21.5M |
| Total Liabilities | $16.6M |
| Net Assets | $4.8M |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 77.5% |
| Months of Reserves | 457.7 months |
Financial Health Grade: A
In 2023, Capital Facilities Foundation Inc reported a surplus of $17K with revenue exceeding expenses, holds 457.7 months of operating reserves (strong position), has a debt-to-asset ratio of 77.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Capital Facilities Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.0% | -10.1% | -2.3% |
| 2022 | +18.0% | +9.1% | +59.2% |
| 2021 | -43.8% | -5.3% | -1.4% |
| 2020 | +5.0% | -42.8% | +1.2% |
| 2019 | -81.3% | -19.2% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Facilities 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: 80%
- fundraising: 5%
According to IRS 990 filings, Capital Facilities Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 77.5%.
Executive Compensation Analysis
Capital Facilities Foundation Inc. consistently reports 0% officer compensation across all available filings, indicating either a fully volunteer executive leadership or that executive salaries are categorized differently, which is highly favorable for minimizing administrative overhead.
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 Facilities Foundation Inc's IRS 990 filings:
- Significant historical volatility in revenue, with a negative revenue reported in 201506.
- Large fluctuations in total assets, particularly the sharp decrease from $60M in 2017 to $14M in 2018, warranting further explanation.
- High liabilities relative to assets, consistently representing a large portion of the balance sheet.
Strengths
The following positive indicators were identified for Capital Facilities Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating low executive overhead.
- Positive net income in recent years (e.g., $17,292 in 202306), suggesting operational sustainability.
- Stable asset base around $20-21 million in the most recent filings after prior fluctuations.
Frequently Asked Questions about Capital Facilities Foundation Inc
Is Capital Facilities Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Capital Facilities Foundation Inc (EIN: 202483538) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Capital Facilities Foundation Inc spend its money?
Capital Facilities Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Capital Facilities Foundation Inc tax-deductible?
Capital Facilities Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202483538). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary source of Capital Facilities Foundation Inc.'s revenue?
The provided data does not specify the primary source of revenue, only the total revenue figures. Further investigation into the IRS 990 forms would be needed to identify specific revenue streams.
Why did the organization's assets decrease from $60,229,944 in 2017 to $14,479,142 in 2018?
The provided data shows a significant drop in assets between the 201706 and 201806 periods. This could be due to asset divestment, reclassification, or a major liability reduction, and would require reviewing the full IRS 990 forms for detailed explanations.
How does Capital Facilities Foundation Inc. manage its liabilities, which are substantial relative to its assets?
Liabilities have consistently been a significant portion of assets (e.g., $16,621,509 liabilities against $21,459,898 assets in 202306). The organization likely manages these through long-term debt or specific project financing, which would be detailed in the full financial statements.
What specific programs does Capital Facilities Foundation Inc. operate?
The provided financial data does not detail the specific programs or activities undertaken by Capital Facilities Foundation Inc. This information would typically be found in the program service accomplishments section of the IRS 990.
Is the organization's revenue volatility a concern for long-term stability?
Revenue has shown significant volatility, ranging from negative in 2015 to over $4 million in 2018. While recent years show more stability, this historical pattern suggests potential reliance on unpredictable funding sources or large, infrequent grants, which could be a concern for long-term financial planning.
Filing History
IRS 990 filing history for Capital Facilities Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Capital Facilities Foundation Inc's revenue has grown by 13.4%, moving from $511K to $580K. Total assets decreased by 58.2% over the same period, from $51.4M to $21.5M. Total functional expenses fell by 35.3%, from $869K to $563K. In its most recent filing year (2023), Capital Facilities Foundation Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $16.6M in liabilities against $21.5M in assets (debt-to-asset ratio: 77.5%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $580K | $563K | $21.5M | $16.6M | — | View 990 |
| 2022 | $586K | $626K | $22.0M | $17.1M | — | View 990 |
| 2021 | $496K | $574K | $13.8M | $9.0M | — | View 990 |
| 2020 | $882K | $606K | $14.0M | $9.2M | — | View 990 |
| 2019 | $840K | $1.1M | $13.8M | $9.3M | — | View 990 |
| 2018 | $4.5M | $1.3M | $14.5M | $9.7M | — | View 990 |
| 2017 | $442K | $473K | $60.2M | $58.6M | — | View 990 |
| 2016 | $296K | $317K | $14.4M | $12.8M | — | View 990 |
| 2015 | $-3,193 | $306K | $11.3M | $9.7M | — | View 990 |
| 2014 | $3.4M | $2.4M | $13.7M | $11.7M | — | View 990 |
| 2013 | $365K | $1.1M | $71.8M | $70.8M | — | View 990 |
| 2012 | $2.7M | $2.6M | $67.5M | $65.8M | — | View 990 |
| 2011 | $511K | $869K | $51.4M | $49.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $580K, expenses of $563K, and assets of $21.5M (revenue -1.0% year-over-year).
- 2022: Revenue of $586K, expenses of $626K, and assets of $22.0M (revenue +18.0% year-over-year).
- 2021: Revenue of $496K, expenses of $574K, and assets of $13.8M (revenue -43.8% year-over-year).
- 2020: Revenue of $882K, expenses of $606K, and assets of $14.0M (revenue +5.0% year-over-year).
- 2019: Revenue of $840K, expenses of $1.1M, and assets of $13.8M (revenue -81.3% year-over-year).
- 2018: Revenue of $4.5M, expenses of $1.3M, and assets of $14.5M (revenue +915.6% year-over-year).
- 2017: Revenue of $442K, expenses of $473K, and assets of $60.2M (revenue +49.2% year-over-year).
- 2016: Revenue of $296K, expenses of $317K, and assets of $14.4M.
- 2015: Revenue of $-3,193, expenses of $306K, and assets of $11.3M (revenue -100.1% year-over-year).
- 2014: Revenue of $3.4M, expenses of $2.4M, and assets of $13.7M (revenue +825.3% year-over-year).
- 2013: Revenue of $365K, expenses of $1.1M, and assets of $71.8M (revenue -86.6% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.6M, and assets of $67.5M (revenue +433.4% year-over-year).
- 2011: Revenue of $511K, expenses of $869K, and assets of $51.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capital Facilities Foundation Inc:
Data Sources and Methodology
This transparency report for Capital Facilities 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.