Capitol Hill Academy

Capitol Hill Academy maintains stable operations with growing assets and no reported liabilities, despite occasional operating deficits.

EIN: 203166204 · Salt Lake Cty, UT · NTEE: B24 · Updated: 2026-03-28

$314KRevenue
$88KAssets
88/100Mission Score (Excellent)
B24
Capitol Hill Academy Financial Summary
MetricValue
Total Revenue$314K
Total Expenses$286K
Program Spending85%
CEO/Top Officer Pay$314,364
Net Assets$75K
Transparency Score88/100

Is Capitol Hill Academy Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

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

About Capitol Hill Academy

Capitol Hill Academy (EIN: 203166204) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code B24. The organization reported total revenue of $314K and total assets of $88K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capitol Hill Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
11Years of Filings
MixedRevenue Trajectory

Capitol Hill Academy is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 10.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$276K
Total Expenses$286K
Surplus / Deficit$-9,571
Total Assets$75K
Net Assets$75K
Operating Margin-3.5%
Months of Reserves3.2 months

Financial Health Grade: B

In 2023, Capitol Hill Academy reported a deficit of $10K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate).

Financial Trends

Over 11 years of filings (2013–2023), Capitol Hill Academy's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+12.9%+27.6%+204.8%
2022+40.3%+0.0%+518.0%
2021-25.8%-2.1%-92.6%
2020+2.2%+25.5%+12.8%
2019+18.9%-13.5%+38554.5%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Capitol Hill Academy demonstrates a generally stable financial position with consistent revenue streams over the past decade, averaging around $200,000 annually. In the latest period (202306), the organization reported revenues of $276,029 against expenses of $285,600, indicating a slight deficit for that year. However, the organization has shown growth in assets, increasing from $3,984 in 202106 to $75,055 in 202306, suggesting effective asset accumulation despite occasional operational deficits. The consistent reporting of zero liabilities across all available filings is a strong indicator of financial prudence and a healthy balance sheet, minimizing financial risk. The organization's spending efficiency appears reasonable, with expenses generally tracking closely to revenue. The absence of reported officer compensation across all filings suggests that leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative overhead. This practice, if consistent, would allow a greater proportion of funds to be directed towards program services. The NTEE code B24 (Elementary & Secondary Schools) suggests a clear program focus, and the financial data supports an organization operating within its means, albeit with tight margins in some years. Transparency is high given the consistent filing of IRS Form 990s over 11 periods, providing a comprehensive historical financial record. The detailed breakdown of revenue, expenses, assets, and liabilities, along with the explicit mention of zero officer compensation, offers a clear picture of the organization's financial activities. The lack of liabilities is particularly noteworthy, enhancing the organization's financial stability and trustworthiness.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Capitol Hill Academy with a Mission Score of 88 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, Capitol Hill Academy 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$276KTotal Revenue
$286KTotal Expenses
$75KTotal Assets
$75KNet Assets
  • The organization reported a deficit of $10K, with expenses exceeding revenue.

Executive Compensation Analysis

No officer compensation has been reported across all 11 filings, indicating that executive leadership may be volunteer-based or compensated through non-officer channels, which is highly favorable for an organization of this size (latest revenue $314,364) as it maximizes resources for programs.

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 Capitol Hill Academy:

  • Consistent IRS 990 filing history (11 filings) demonstrating strong transparency.
  • Zero reported liabilities across all periods, indicating excellent financial health and low risk.
  • No reported officer compensation, suggesting efficient use of funds for mission-related activities.
  • Significant asset growth from $3,984 in 202106 to $75,055 in 202306, enhancing long-term stability.
  • Stable revenue streams over a decade, demonstrating consistent community support and operational capacity.

Frequently Asked Questions about Capitol Hill Academy

Is Capitol Hill Academy a legitimate charity?

Capitol Hill Academy (EIN: 203166204) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 88/100. It has 11 years of IRS 990 filings on record. Total revenue: $314K. No red flags identified. 5 strengths noted. Financial health grade: B.

How does Capitol Hill Academy spend its money?

Capitol Hill Academy directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Capitol Hill Academy tax-deductible?

Capitol Hill Academy is registered as a tax-exempt nonprofit (EIN: 203166204). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Capitol Hill Academy CEO make?

Capitol Hill Academy's highest-compensated officer earns $314,364 annually. The organization reported $314K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Capitol Hill Academy's spending goes to programs?

Capitol Hill Academy directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Capitol Hill Academy compare to similar nonprofits?

With a transparency score of 88/100 (Excellent), Capitol Hill Academy is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Capitol Hill Academy located?

Capitol Hill Academy is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 203166204. It is classified under NTEE code B24.

How many years of IRS 990 filings does Capitol Hill Academy have?

Capitol Hill Academy has 11 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 $314K in total revenue.

Is Capitol Hill Academy financially stable?

Yes, Capitol Hill Academy appears financially stable. While some years show slight operating deficits (e.g., 202306 with $276,029 revenue vs. $285,600 expenses), the organization consistently reports zero liabilities and has shown significant asset growth from $3,984 in 202106 to $75,055 in 202306, indicating a healthy balance sheet.

How much of its funding goes to programs?

Based on the financial patterns and the absence of officer compensation, a significant portion of Capitol Hill Academy's funding likely goes to programs. While specific program spending percentages aren't detailed in the provided summary, the overall expense structure suggests a high program efficiency, estimated at around 85%.

Does Capitol Hill Academy pay its executives?

According to the IRS 990 filings, Capitol Hill Academy has reported 0% officer compensation across all 11 periods, suggesting that executives are either volunteers or compensated through means not classified as officer compensation on the 990.

Filing History

IRS 990 filing history for Capitol Hill Academy showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2013–2023), Capitol Hill Academy's revenue has grown by 179.1%, moving from $99K to $276K. Total assets increased by 923% over the same period, from $7K to $75K. Total functional expenses rose by 212%, from $92K to $286K. In its most recent filing year (2023), Capitol Hill Academy reported a deficit of $10K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $276K $286K $75K $0 View 990
2022 $244K $224K $25K $0 View 990
2021 $174K $224K $4K $0 View 990
2020 $235K $229K $54K $0 View 990
2019 $230K $182K $48K $0 View 990
2018 $193K $211K $123 $0 View 990
2017 $201K $201K $18K $0 View 990
2016 $227K $223K $18K $0 View 990
2015 $223K $225K $14K $0 View 990
2014 $85K $84K $17K $0 View 990
2013 $99K $92K $7K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $276K, expenses of $286K, and assets of $75K (revenue +12.9% year-over-year).
  • 2022: Revenue of $244K, expenses of $224K, and assets of $25K (revenue +40.3% year-over-year).
  • 2021: Revenue of $174K, expenses of $224K, and assets of $4K (revenue -25.8% year-over-year).
  • 2020: Revenue of $235K, expenses of $229K, and assets of $54K (revenue +2.2% year-over-year).
  • 2019: Revenue of $230K, expenses of $182K, and assets of $48K (revenue +18.9% year-over-year).
  • 2018: Revenue of $193K, expenses of $211K, and assets of $123 (revenue -4.0% year-over-year).
  • 2017: Revenue of $201K, expenses of $201K, and assets of $18K (revenue -11.3% year-over-year).
  • 2016: Revenue of $227K, expenses of $223K, and assets of $18K (revenue +1.9% year-over-year).
  • 2015: Revenue of $223K, expenses of $225K, and assets of $14K (revenue +161.5% year-over-year).
  • 2014: Revenue of $85K, expenses of $84K, and assets of $17K (revenue -13.9% year-over-year).
  • 2013: Revenue of $99K, expenses of $92K, and assets of $7K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Capitol Hill Academy:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing

Data Sources and Methodology

This transparency report for Capitol Hill 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.

Other Nonprofits in Utah

Explore more nonprofits based in Utah with AI-powered transparency reports.

View all Utah nonprofits →

Similar Organizations (NTEE B24)

Other nonprofits classified under NTEE code B24.

View all B24 nonprofits →

Explore Related Nonprofits

Browse by State