THE CAPSTONE GROUP INC (EIN 431821821) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

MICHAEL A MICHAUD

Phone

7705781754

Tax Period

2023-01-01 to 2023-12-31

THE CAPSTONE GROUP INC, founded in 1998, is a mid-sized nonprofit in the Human Services sector that reported $11.8M in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $11.0M left a modest 6% surplus.

Mission

OPERATION OF LONG-TERM HEALTH CARE FACILITIES AND DEVELOPMENT OF WORKFORCE HOUSING PROJECTS.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,493,561

Program Service Revenue $10,216,602

Investment Income $55,550

Other Revenue $0

TOTAL REVENUE $11,765,713

Expense Breakdown

Grants Paid $250

Salaries & Benefits $5,114,334

Fundraising Expenses $0

Program Expenses $9,137,897

Other Expenses $5,888,992

TOTAL EXPENSES $11,003,576

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,765,713	$8,980,174	+0.3%
Expenses	$11,003,576	$9,793,439	+0.1%
Net Income	$762,137	$-813,265	-1.9%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

N/A

Employees

204

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

$145,968

Total Directors

$145,968

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL A MICHAUD	PRESIDENT & TREASUER	40.00	Officer Director	$123,968	$0	$123,968
GREGORY T SLESSOR	VICE PRESIDENT	3.00	Officer Director	$11,500	$0	$11,500
JOHN J LOCK	SECRETARY	3.00	Officer Director	$10,500	$0	$10,500
HILAREE STRINGHAM	ADMINISTRATOR	40.00	Highest	$117,450	$3,343	$120,793

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	No data	No data	No data	No data
2023	$11,765,713	$11,003,576	$12,895,421	$762,137
2022	$8,980,174	$9,793,439	$12,099,164	$-813,265
2021	$10,495,942	$9,136,585	$12,402,417	$1,359,357
2020	$9,233,280	$8,400,791	$12,220,051	$832,489
2019	$8,427,587	$8,192,437	$10,746,134	$235,150
2018	$8,899,632	$8,502,464	$11,030,490	$397,168

THE CAPSTONE GROUP INC