Common Capital Inc
Common Capital Inc: Steady Growth, Prudent Spending, and Community Focus
EIN: 223051402 · Springfield, MA · NTEE: S430 · Updated: 2026-04-04
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Common Capital Inc is mapped to EIN 223051402.
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| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.5M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $7.3M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Common Capital Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Common Capital Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Common Capital Inc in one place.
Form 990 Filing Summary
12 filing years are available, with latest revenue of $2.0M and expenses of $1.5M.
Revenue and Expenses
Common Capital Inc reported $2.0M in revenue and $1.5M in expenses, a surplus of $503K.
Executive Compensation
Top officer compensation appears as $0 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Common Capital Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $1.1M (75%) |
Across stored filings, Common Capital Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
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| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 75% to programs | Excellent |
| Financial durability | Grade A | 12 stored filing years |
| Peer context | Compare with Joint Committee For Childrens Health Care In Everett | Massachusetts and Community Improvement context |
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Springfield, MA nonprofitsCommunity Improvement in Massachusetts
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Common Capital Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Common Capital Inc
Common Capital Inc (EIN: 223051402) is a nonprofit organization based in Springfield, MA, classified under NTEE code S430. The organization reported total revenue of $1.1M and total assets of $11.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Common Capital Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Common Capital Inc is a mid-size nonprofit that has been operating for 36 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$503K |
| Total Assets | $11.0M |
| Total Liabilities | $3.7M |
| Net Assets | $7.3M |
| Operating Margin | 25.3% |
| Debt-to-Asset Ratio | 33.9% |
| Months of Reserves | 88.8 months |
Financial Health Grade: A
In 2023, Common Capital Inc reported a surplus of $503K with revenue exceeding expenses, holds 88.8 months of operating reserves (strong position), has a debt-to-asset ratio of 33.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Common Capital Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.4% | +34.5% | +5.5% |
| 2022 | +104.1% | -2.5% | +35.3% |
| 2021 | +68.1% | +20.4% | +7.5% |
| 2020 | -23.6% | -17.6% | +7.2% |
| 2019 | +62.2% | +48.5% | +4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Common Capital Inc with a Mission Score of 85 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Common Capital Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $503K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.9%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-based leadership or that compensation is covered by a related entity, which warrants further investigation for a complete understanding of leadership costs.
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 Common Capital Inc's IRS 990 filings:
- Consistent $0 executive compensation could indicate leadership is compensated by a related entity, potentially obscuring the true cost of executive oversight.
- Revenue has shown some volatility year-over-year, with a notable drop from $3,175,807 in 2022 to $1,986,861 in 2023.
Strengths
The following positive indicators were identified for Common Capital Inc:
- Strong asset growth, from $6,147,591 in 2017 to $10,983,074 in 2023, demonstrates financial stability and expansion.
- Low liability-to-asset ratio, with liabilities at $3,728,364 against assets of $10,983,074 in 2023, indicates sound financial health.
- Consistent reporting of 0% compensation for key personnel suggests a highly dedicated, mission-driven team or efficient external support.
- The organization has consistently maintained a positive net asset position over the past several years.
Frequently Asked Questions about Common Capital Inc
Is Common Capital Inc a legitimate charity?
Common Capital Inc (EIN: 223051402) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Common Capital Inc spend its money?
Common Capital Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Common Capital Inc tax-deductible?
Common Capital Inc is registered as a tax-exempt nonprofit (EIN: 223051402). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Common Capital Inc CEO make?
Common Capital Inc's highest-compensated officer earns $0 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Common Capital Inc's spending goes to programs?
Common Capital Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Common Capital Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Common Capital Inc is above average for NTEE category S430 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Common Capital Inc located?
Common Capital Inc is headquartered in Springfield, Massachusetts and files with the IRS under EIN 223051402. It is classified under NTEE code S430.
How many years of IRS 990 filings does Common Capital Inc have?
Common Capital Inc has 12 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 $1.1M in total revenue.
What does Common Capital Inc do?
Common Capital Inc is a nonprofit organization in the Community Improvement sector, located in Springfield, Massachusetts. It is classified under NTEE code S430.
How much revenue does Common Capital Inc have?
Common Capital Inc reported total revenue of $1,109,925. Based on 12 IRS 990 filings on record.
What are Common Capital Inc's total assets?
Common Capital Inc holds total assets of $11,059,939 as reported in IRS 990 filings.
Where is Common Capital Inc located?
Common Capital Inc is based in Springfield, Massachusetts.
What is Common Capital Inc's EIN?
Common Capital Inc's Employer Identification Number (EIN) is 223051402. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Common Capital Inc?
Common Capital Inc is classified under NTEE code S430 (Community Improvement).
Is Common Capital Inc a registered 501(c)(3)?
Yes, Common Capital Inc is recognized as a tax-exempt organization by the IRS. EIN: 223051402.
Does Common Capital Inc file IRS Form 990?
Yes, Common Capital Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Common Capital Inc's revenue in 2023?
In the 202306 filing period, Common Capital Inc reported total revenue of $1,986,861, total expenses of $1,483,397, and net assets of $10,983,074.
Is Common Capital Inc's revenue growing or declining?
Common Capital Inc's revenue is declining. Revenue went from $3,175,807 (202206) to $1,986,861 (202306), a -37.4% change. Based on 12 filings on record.
What is Common Capital Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Common Capital Inc covers tax period 202306. It shows revenue of $1,986,861, expenses of $1,483,397, total assets of $10,983,074, and liabilities of $3,728,364.
How much does Common Capital Inc spend on programs vs administration?
Based on IRS 990 analysis, Common Capital Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Common Capital Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Common Capital Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 4 strengths noted.
What are the red flags for Common Capital Inc?
The following concerns were identified: Consistent $0 executive compensation could indicate leadership is compensated by a related entity, potentially obscuring the true cost of executive oversight.. Revenue has shown some volatility year-over-year, with a notable drop from $3,175,807 in 2022 to $1,986,861 in 2023.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Common Capital Inc's strengths?
Positive indicators for Common Capital Inc include: Strong asset growth, from $6,147,591 in 2017 to $10,983,074 in 2023, demonstrates financial stability and expansion.. Low liability-to-asset ratio, with liabilities at $3,728,364 against assets of $10,983,074 in 2023, indicates sound financial health.. Consistent reporting of 0% compensation for key personnel suggests a highly dedicated, mission-driven team or efficient external support.. The organization has consistently maintained a positive net asset position over the past several years.. These findings are derived from AI analysis of the organization's financial filings.
How does Common Capital Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-based leadership or that compensation is covered by a related entity, which warrants further investigation for a complete understanding of leadership costs. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Common Capital Inc?
- Detailed financial statements are publicly available through IRS Form 990 filings. - The organization consistently reports 0% compensation to officers, directors, trustees, and key employees, indicating a volunteer-led or externally compensated leadership structure. - Program service accomplishments are described in Form 990, highlighting their mission to provide capital and support to small businesses. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of $0 for executive compensation, how does Common Capital Inc ensure effective and sustained leadership, and what are the indirect costs associated with this leadership model?
The consistent $0 executive compensation suggests either a fully volunteer-led executive team or that executive services are provided and compensated by a related or parent organization. Understanding the nature of this arrangement and any indirect costs or in-kind contributions is crucial for a complete financial picture and to assess leadership sustainability.
What factors contributed to the significant revenue fluctuation, particularly the drop from $3,175,807 in 2022 to $1,986,861 in 2023, and how does the organization plan to stabilize or grow its revenue streams?
The revenue decline could be attributed to various factors such as changes in grant funding, investment returns, or program service fees. A deeper dive into the specific revenue sources for those years would clarify the cause and inform strategies for future revenue stability and growth.
Filing History
IRS 990 filing history for Common Capital Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Common Capital Inc's revenue has declined by 28.3%, moving from $2.8M to $2.0M. Total assets increased by 91.8% over the same period, from $5.7M to $11.0M. Total functional expenses rose by 29%, from $1.1M to $1.5M. In its most recent filing year (2023), Common Capital Inc reported a surplus of $503K, with revenue exceeding expenses. The organization holds $3.7M in liabilities against $11.0M in assets (debt-to-asset ratio: 33.9%), resulting in net assets of $7.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.5M | $11.0M | $3.7M | — | View 990 |
| 2022 | $3.2M | $1.1M | $10.4M | $3.7M | — | — |
| 2021 | $1.6M | $1.1M | $7.7M | $3.0M | — | View 990 |
| 2020 | $926K | $939K | $7.2M | $2.9M | — | View 990 |
| 2019 | $1.2M | $1.1M | $6.7M | $2.4M | — | View 990 |
| 2018 | $747K | $768K | $6.4M | $2.2M | — | View 990 |
| 2017 | $966K | $1.2M | $6.1M | $1.9M | — | View 990 |
| 2016 | $1.0M | $966K | $6.6M | $2.0M | — | View 990 |
| 2015 | $1.8M | $1.1M | $6.7M | $2.2M | — | View 990 |
| 2014 | $885K | $874K | $5.8M | $2.1M | — | View 990 |
| 2013 | $1.6M | $1.1M | $5.8M | $2.1M | — | View 990 |
| 2012 | $2.8M | $1.1M | $5.7M | $2.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.5M, and assets of $11.0M (revenue -37.4% year-over-year).
- 2022: Revenue of $3.2M, expenses of $1.1M, and assets of $10.4M (revenue +104.1% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.1M, and assets of $7.7M (revenue +68.1% year-over-year).
- 2020: Revenue of $926K, expenses of $939K, and assets of $7.2M (revenue -23.6% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.1M, and assets of $6.7M (revenue +62.2% year-over-year).
- 2018: Revenue of $747K, expenses of $768K, and assets of $6.4M (revenue -22.7% year-over-year).
- 2017: Revenue of $966K, expenses of $1.2M, and assets of $6.1M (revenue -7.3% year-over-year).
- 2016: Revenue of $1.0M, expenses of $966K, and assets of $6.6M (revenue -42.7% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.1M, and assets of $6.7M (revenue +105.4% year-over-year).
- 2014: Revenue of $885K, expenses of $874K, and assets of $5.8M (revenue -43.8% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.1M, and assets of $5.8M (revenue -43.1% year-over-year).
- 2012: Revenue of $2.8M, expenses of $1.1M, and assets of $5.7M.
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Data Sources and Methodology
This transparency report for Common Capital 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.