The Cape Cod Community College Educational Foundation Inc
Cape Cod Community College Educational Foundation: Strong Asset Growth, Moderate Program Spending
EIN: 222475111 · W Barnstable, MA · NTEE: B82Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $7.7M |
| Total Expenses | $2.3M |
| Program Spending | 64% |
| Net Assets | $17.3M |
| Transparency Score | 75/100 |
Is The Cape Cod Community College Educational Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Cape Cod Community College Educational Foundation Inc directs 64% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About The Cape Cod Community College Educational Foundation Inc
The Cape Cod Community College Educational Foundation Inc (EIN: 222475111) is a nonprofit organization based in W Barnstable, MA, classified under NTEE code B82Z. The organization reported total revenue of $7.7M and total assets of $19.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Cape Cod Community College Educational Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Cape Cod Community College Educational Foundation Inc is a mid-size nonprofit that has been operating for 43 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $18.7M |
| Total Liabilities | $1.5M |
| Net Assets | $17.3M |
| Operating Margin | 36.1% |
| Debt-to-Asset Ratio | 7.8% |
| Months of Reserves | 98.2 months |
Financial Health Grade: A
In 2023, The Cape Cod Community College Educational Foundation Inc reported a surplus of $1.3M with revenue exceeding expenses, holds 98.2 months of operating reserves (strong position), has a debt-to-asset ratio of 7.8% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), The Cape Cod Community College Educational Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.9% | -73.0% | +21.5% |
| 2022 | +55.3% | +745.7% | -32.8% |
| 2021 | -35.4% | -16.3% | +17.5% |
| 2020 | -55.0% | +20.5% | +9.1% |
| 2019 | +142.8% | -53.5% | +49.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 The Cape Cod Community College Educational 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: 20%
- programs: 64%
- fundraising: 16%
According to IRS 990 filings, The Cape Cod Community College Educational Foundation Inc allocates its expenses as follows: admin: 20%, programs: 64%, fundraising: 16%. Approximately 64% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.8%.
Executive Compensation Analysis
Executive compensation appears reasonable given the foundation's asset size and revenue, with no red flags indicating excessive pay.
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 The Cape Cod Community College Educational Foundation Inc:
- Consistent growth in assets, reaching $19,647,118 in 2023.
- Healthy revenue streams, with $7,707,097 reported in 2023.
- Low liability-to-asset ratio, indicating strong financial health.
Frequently Asked Questions about The Cape Cod Community College Educational Foundation Inc
Is The Cape Cod Community College Educational Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Cape Cod Community College Educational Foundation Inc (EIN: 222475111) appears legitimate. Mission Score: 75/100. 0 red flags identified, 3 strengths noted.
How does The Cape Cod Community College Educational Foundation Inc spend its money?
The Cape Cod Community College Educational Foundation Inc directs 64% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Cape Cod Community College Educational Foundation Inc tax-deductible?
The Cape Cod Community College Educational Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222475111). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Cape Cod Community College Educational Foundation Inc's spending goes to programs?
The Cape Cod Community College Educational Foundation Inc directs 64% to programs, 16% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does The Cape Cod Community College Educational Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), The Cape Cod Community College Educational Foundation Inc is above average for NTEE category B82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Cape Cod Community College Educational Foundation Inc located?
The Cape Cod Community College Educational Foundation Inc is headquartered in W Barnstable, Massachusetts and files with the IRS under EIN 222475111. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does The Cape Cod Community College Educational Foundation Inc have?
The Cape Cod Community College Educational Foundation 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 $7.7M in total revenue.
What does The Cape Cod Community College Educational Foundation Inc do?
The Cape Cod Community College Educational Foundation Inc is a nonprofit organization in the Education sector, located in W Barnstable, Massachusetts. It is classified under NTEE code B82Z.
How much revenue does The Cape Cod Community College Educational Foundation Inc have?
The Cape Cod Community College Educational Foundation Inc reported total revenue of $7,707,097. Based on 12 IRS 990 filings on record.
What are The Cape Cod Community College Educational Foundation Inc's total assets?
The Cape Cod Community College Educational Foundation Inc holds total assets of $19,647,118 as reported in IRS 990 filings.
Where is The Cape Cod Community College Educational Foundation Inc located?
The Cape Cod Community College Educational Foundation Inc is based in W Barnstable, Massachusetts.
What is The Cape Cod Community College Educational Foundation Inc's EIN?
The Cape Cod Community College Educational Foundation Inc's Employer Identification Number (EIN) is 222475111. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Cape Cod Community College Educational Foundation Inc?
The Cape Cod Community College Educational Foundation Inc is classified under NTEE code B82Z (Education).
Is The Cape Cod Community College Educational Foundation Inc a registered 501(c)(3)?
Yes, The Cape Cod Community College Educational Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222475111.
Does The Cape Cod Community College Educational Foundation Inc file IRS Form 990?
Yes, The Cape Cod Community College Educational Foundation Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was The Cape Cod Community College Educational Foundation Inc's revenue in 2023?
In the 202306 filing period, The Cape Cod Community College Educational Foundation Inc reported total revenue of $3,587,724, total expenses of $2,290,897, and net assets of $18,746,732.
Is The Cape Cod Community College Educational Foundation Inc's revenue growing or declining?
The Cape Cod Community College Educational Foundation Inc's revenue is growing. Revenue went from $3,042,413 (202206) to $3,587,724 (202306), a +17.9% change. Based on 12 filings on record.
What is The Cape Cod Community College Educational Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The Cape Cod Community College Educational Foundation Inc covers tax period 202306. It shows revenue of $3,587,724, expenses of $2,290,897, total assets of $18,746,732, and liabilities of $1,459,890.
How much does The Cape Cod Community College Educational Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, The Cape Cod Community College Educational Foundation Inc allocates approximately 64% of expenses to program services, 20% to administrative costs, and 16% to fundraising. Program spending is moderate relative to overhead.
Is The Cape Cod Community College Educational Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The Cape Cod Community College Educational Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are The Cape Cod Community College Educational Foundation Inc's strengths?
Positive indicators for The Cape Cod Community College Educational Foundation Inc include: Consistent growth in assets, reaching $19,647,118 in 2023.. Healthy revenue streams, with $7,707,097 reported in 2023.. Low liability-to-asset ratio, indicating strong financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does The Cape Cod Community College Educational Foundation Inc compensate executives?
Executive compensation appears reasonable given the foundation's asset size and revenue, with no red flags indicating excessive pay. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the foundation managed to achieve such significant asset growth despite fluctuating revenues over the past few years?
The foundation has demonstrated effective investment strategies and donor cultivation, allowing assets to grow from $9,223,747 in 2016 to $19,647,118 in 2023, even with revenue dips in certain years.
What specific programs or initiatives are primarily supported by the foundation's program service expenses?
While the data provided indicates program service expenses, a deeper dive into the Form 990 would be needed to identify the specific scholarships, grants, or educational support initiatives funded by the foundation.
Filing History
IRS 990 filing history for The Cape Cod Community College Educational Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), The Cape Cod Community College Educational Foundation Inc's revenue has grown by 32.1%, moving from $2.7M to $3.6M. Total assets increased by 116.8% over the same period, from $8.6M to $18.7M. Total functional expenses rose by 37.9%, from $1.7M to $2.3M. In its most recent filing year (2023), The Cape Cod Community College Educational Foundation Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $18.7M in assets (debt-to-asset ratio: 7.8%), resulting in net assets of $17.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $2.3M | $18.7M | $1.5M | — | View 990 |
| 2022 | $3.0M | $8.5M | $15.4M | $282K | — | View 990 |
| 2021 | $2.0M | $1.0M | $23.0M | $272K | — | View 990 |
| 2020 | $3.0M | $1.2M | $19.6M | $300K | — | View 990 |
| 2019 | $6.7M | $996K | $17.9M | $271K | — | View 990 |
| 2018 | $2.8M | $2.1M | $12.0M | $299K | — | View 990 |
| 2017 | $4.1M | $1.5M | $11.4M | $570K | — | View 990 |
| 2016 | $1.3M | $1.2M | $9.2M | $273K | — | View 990 |
| 2015 | $1.4M | $731K | $9.1M | $306K | — | View 990 |
| 2014 | $1.4M | $1.2M | $8.6M | $470K | — | View 990 |
| 2013 | $1.1M | $2.6M | $8.2M | $828K | — | View 990 |
| 2012 | $2.7M | $1.7M | $8.6M | $327K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $2.3M, and assets of $18.7M (revenue +17.9% year-over-year).
- 2022: Revenue of $3.0M, expenses of $8.5M, and assets of $15.4M (revenue +55.3% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.0M, and assets of $23.0M (revenue -35.4% year-over-year).
- 2020: Revenue of $3.0M, expenses of $1.2M, and assets of $19.6M (revenue -55.0% year-over-year).
- 2019: Revenue of $6.7M, expenses of $996K, and assets of $17.9M (revenue +142.8% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.1M, and assets of $12.0M (revenue -32.5% year-over-year).
- 2017: Revenue of $4.1M, expenses of $1.5M, and assets of $11.4M (revenue +205.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $9.2M (revenue -2.1% year-over-year).
- 2015: Revenue of $1.4M, expenses of $731K, and assets of $9.1M (revenue -3.2% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.2M, and assets of $8.6M (revenue +34.5% year-over-year).
- 2013: Revenue of $1.1M, expenses of $2.6M, and assets of $8.2M (revenue -61.1% year-over-year).
- 2012: Revenue of $2.7M, expenses of $1.7M, and assets of $8.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Cape Cod Community College Educational Foundation Inc:
Data Sources and Methodology
This transparency report for The Cape Cod Community College Educational 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.