CAPITALPLUS EXCHANGE CORPORATION (EIN 300199985) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

LYNN PIKHOLZ

Phone

3125401580

Tax Period

2024-01-01 to 2024-12-31

CAPITALPLUS EXCHANGE CORPORATION, founded in 2003, is a community nonprofit in the Community Improvement sector that reported $1.9M in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $2.4M exceeded revenue, resulting in a 25% operating deficit.

Mission

CAPITALPLUS EXCHANGE CORPORATION ("CAPPLUS OR "THE ORGANIZATION") IS REGISTERED AS A NONPROFIT CORPORATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE OF 1986, AS AMENDED. THE ORGANIZATION OPERATES EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, TO MAKE CAPACITY-BUILDING SERVICES AVAILABLE AT SUBSTANTIALLY BELOW COST TO FINANCIAL INSTITUTIONS IN DEVELOPING AND TRANSITIONAL MARKETS THAT SERVE SMALL BUSINESSES, MICRO-ENTERPRISES, AND UNDERSERVED COMMUNITIES, TO PROMOTE ECONOMIC DEVELOPMENT, POVERTY REDUCTION AND OTHERWISE BENEFIT LOW-INCOME PERSONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $78,963

Program Service Revenue $1,827,794

Investment Income $8,895

Other Revenue $0

TOTAL REVENUE $1,915,652

Expense Breakdown

Grants Paid $0

Salaries & Benefits $985,446

Fundraising Expenses $8,363

Program Expenses $1,910,209

Other Expenses $1,418,692

TOTAL EXPENSES $2,404,138

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,915,652	$3,830,948	-0.5%
Expenses	$2,404,138	$3,726,916	-0.4%
Net Income	$-488,486	$104,032	-5.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$684,837

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARIM AHAMED	CHAIRPERSON & DIRECTOR	2.50	Officer Director	$0	$0	$0
ERIC FRIEDENWALD-FISHMAN	CHAIRPERSON & DIRECTOR	2.50	Officer Director	$0	$0	$0
CYRILLE ARNOULD	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS BURNETT	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER HOFFMANN	DIRECTOR (THRU 12/24)	1.00	Director	$0	$0	$0
ISHMAEL MKHABELA	DIRECTOR	1.00	Director	$0	$0	$0
NTHENYA MULE	DIRECTOR	1.00	Director	$0	$0	$0
VIMBAI TSOPOTSA	DIRECTOR	1.00	Director	$0	$0	$0
LYNN PIKHOLZ	PRESIDENT & CEO	40.00	Officer	$222,949	$20,458	$243,407
RULA DABABNEH	TREASURER & COO	40.00	Officer	$176,705	$67,128	$243,833
LYNN RAILSBACK	SECRETARY & VICE PRESIDENT	40.00	Officer	$133,322	$0	$133,322
RICHARD OBUOBI	PROGRAM DIRECTOR	40.00	Officer	$64,275	$0	$64,275

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,915,652	$2,404,138	$6,537,507	$-488,486
2023	$3,830,948	$3,726,916	$1,297,617	$104,032
2022	$2,822,022	$2,936,180	$3,193,932	$-114,158
2021	$1,079,242	$1,688,808	$2,405,541	$-609,566
2020	$459,087	$1,418,479	$2,115,735	$-959,392
2019	$499,399	$2,191,648	$3,101,428	$-1,692,249
2018	$3,290,311	$2,786,287	$5,335,578	$504,024

CAPITALPLUS EXCHANGE CORPORATION