Caps Network Inc
EIN: 854285822 · Overland Park, KS · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $505K |
| Net Assets | $483K |
Is Caps Network Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Caps Network Inc
Caps Network Inc (EIN: 854285822) is a nonprofit organization based in Overland Park, KS, classified under NTEE code B90. The organization reported total revenue of $1.3M and total assets of $935K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caps Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caps Network Inc is a mid-size nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $397K |
| Total Expenses | $505K |
| Surplus / Deficit | $-107,837 |
| Total Assets | $524K |
| Total Liabilities | $41K |
| Net Assets | $483K |
| Operating Margin | -27.1% |
| Debt-to-Asset Ratio | 7.8% |
| Months of Reserves | 12.4 months |
Financial Health Grade: B
In 2023, Caps Network Inc reported a deficit of $108K with expenses exceeding revenue, holds 12.4 months of operating reserves (strong position), has a debt-to-asset ratio of 7.8% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Caps Network Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +68.1% | +548.9% | -15.5% |
| 2022 | -49.7% | +105.1% | +42.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Caps Network Inc 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 Caps Network Inc 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 $108K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.8%.
Frequently Asked Questions about Caps Network Inc
Is Caps Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Caps Network Inc (EIN: 854285822) insufficient data. 0 red flags identified, 0 strengths noted.
How does Caps Network Inc spend its money?
Detailed spending breakdown data is not yet available for Caps Network Inc. Check back for updated IRS 990 analysis.
Are donations to Caps Network Inc tax-deductible?
Caps Network Inc is registered as a tax-exempt nonprofit (EIN: 854285822). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Caps Network Inc located?
Caps Network Inc is headquartered in Overland Park, Kansas and files with the IRS under EIN 854285822. It is classified under NTEE code B90.
How many years of IRS 990 filings does Caps Network Inc have?
Caps Network Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.3M in total revenue.
Filing History
IRS 990 filing history for Caps Network Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Caps Network Inc's revenue has declined by 15.5%, moving from $470K to $397K. Total assets increased by 20.3% over the same period, from $436K to $524K. Total functional expenses rose by 1231.2%, from $38K to $505K. In its most recent filing year (2023), Caps Network Inc reported a deficit of $108K, with expenses exceeding revenue. The organization holds $41K in liabilities against $524K in assets (debt-to-asset ratio: 7.8%), resulting in net assets of $483K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $397K | $505K | $524K | $41K | — | View 990 |
| 2022 | $237K | $78K | $620K | $29K | — | View 990 |
| 2021 | $470K | $38K | $436K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $397K, expenses of $505K, and assets of $524K (revenue +68.1% year-over-year).
- 2022: Revenue of $237K, expenses of $78K, and assets of $620K (revenue -49.7% year-over-year).
- 2021: Revenue of $470K, expenses of $38K, and assets of $436K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caps Network Inc:
Data Sources and Methodology
This transparency report for Caps Network 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.