Capitol Encore Academy
EIN: 455389101 · Fayetteville, NC · NTEE: B29
| Metric | Value |
|---|---|
| Total Revenue | $8.4M |
| Total Expenses | $8.0M |
| Net Assets | $1.4M |
Is Capitol Encore Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Capitol Encore Academy
Capitol Encore Academy (EIN: 455389101) is a nonprofit organization based in Fayetteville, NC, classified under NTEE code B29. The organization reported total revenue of $8.4M and total assets of $15.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capitol Encore Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capitol Encore Academy is a mid-size nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 23.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.6M |
| Total Expenses | $8.0M |
| Surplus / Deficit | $-324,893 |
| Total Assets | $16.5M |
| Total Liabilities | $15.1M |
| Net Assets | $1.4M |
| Operating Margin | -4.3% |
| Debt-to-Asset Ratio | 91.7% |
| Months of Reserves | 24.9 months |
Financial Health Grade: C
In 2023, Capitol Encore Academy reported a deficit of $325K with expenses exceeding revenue, holds 24.9 months of operating reserves (strong position), has a debt-to-asset ratio of 91.7% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Capitol Encore Academy's revenue has grown at a compound annual growth rate (CAGR) of 23.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.4% | +25.1% | -61.7% |
| 2022 | +27.9% | +29.5% | +374.5% |
| 2021 | +8.4% | +8.3% | +12.5% |
| 2020 | +15.3% | +20.5% | +796.7% |
| 2019 | +17.2% | +13.3% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Capitol Encore Academy has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Capitol Encore Academy with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $325K, with expenses exceeding revenue.
- Debt-to-asset ratio: 91.7%.
Frequently Asked Questions about Capitol Encore Academy
Is Capitol Encore Academy a legitimate charity?
Capitol Encore Academy (EIN: 455389101) is a registered tax-exempt nonprofit based in North Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $8.4M. No red flags identified. Financial health grade: C.
How does Capitol Encore Academy spend its money?
Capitol Encore Academy reported $8.4M in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Capitol Encore Academy tax-deductible?
Capitol Encore Academy is registered as a tax-exempt nonprofit (EIN: 455389101). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Capitol Encore Academy located?
Capitol Encore Academy is headquartered in Fayetteville, North Carolina and files with the IRS under EIN 455389101. It is classified under NTEE code B29.
How many years of IRS 990 filings does Capitol Encore Academy have?
Capitol Encore Academy has 9 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 $8.4M in total revenue.
Filing History
IRS 990 filing history for Capitol Encore Academy showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Capitol Encore Academy's revenue has grown by 430.1%, moving from $1.4M to $7.6M. Total assets increased by 3523.7% over the same period, from $455K to $16.5M. Total functional expenses rose by 436.7%, from $1.5M to $8.0M. In its most recent filing year (2023), Capitol Encore Academy reported a deficit of $325K, with expenses exceeding revenue. The organization holds $15.1M in liabilities against $16.5M in assets (debt-to-asset ratio: 91.7%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.6M | $8.0M | $16.5M | $15.1M | — | View 990 |
| 2022 | $6.4M | $6.4M | $43.1M | $42.5M | — | View 990 |
| 2021 | $5.0M | $4.9M | $9.1M | $8.2M | — | — |
| 2020 | $4.6M | $4.5M | $8.1M | $7.4M | — | View 990 |
| 2019 | $4.0M | $3.8M | $901K | $307K | — | View 990 |
| 2018 | $3.4M | $3.3M | $888K | $534K | — | View 990 |
| 2017 | $2.8M | $2.6M | $677K | $419K | — | View 990 |
| 2016 | $2.2M | $2.1M | $806K | $730K | — | View 990 |
| 2015 | $1.4M | $1.5M | $455K | $498K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.6M, expenses of $8.0M, and assets of $16.5M (revenue +19.4% year-over-year).
- 2022: Revenue of $6.4M, expenses of $6.4M, and assets of $43.1M (revenue +27.9% year-over-year).
- 2021: Revenue of $5.0M, expenses of $4.9M, and assets of $9.1M (revenue +8.4% year-over-year).
- 2020: Revenue of $4.6M, expenses of $4.5M, and assets of $8.1M (revenue +15.3% year-over-year).
- 2019: Revenue of $4.0M, expenses of $3.8M, and assets of $901K (revenue +17.2% year-over-year).
- 2018: Revenue of $3.4M, expenses of $3.3M, and assets of $888K (revenue +23.5% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.6M, and assets of $677K (revenue +25.2% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.1M, and assets of $806K (revenue +53.5% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.5M, and assets of $455K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capitol Encore Academy:
Data Sources and Methodology
This transparency report for Capitol Encore Academy 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.