FEDCAP INC (EIN 830837061) - 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

2018

Legal Domicile

Principal Officer

CHRISTINE MCMAHON

Phone

8778295500

Tax Period

2023-10-01 to 2024-09-30

FEDCAP INC, founded in 2018, is a mid-sized nonprofit in the Employment sector that reported $30.2M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring.

Mission

WE SEEK TO IMPROVE THE ECONOMIC WELL-BEING OF INDIVIDUALS & FAMILIES IN NEED.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $102,056

Program Service Revenue $30,110,682

Investment Income $0

Other Revenue $0

TOTAL REVENUE $30,212,738

Expense Breakdown

Grants Paid $1,535,524

Salaries & Benefits $16,379,344

Fundraising Expenses $0

Program Expenses $24,194,532

Other Expenses $12,749,138

TOTAL EXPENSES $30,664,006

Year-over-Year Comparison

	2023	2022	Change
Revenue	$30,212,738	$39,407,444	-0.2%
Expenses	$30,664,006	$33,328,578	-0.1%
Net Income	$-451,268	$6,078,866	-1.1%

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

481

Volunteers

N/A

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

$1,820,003

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH RAISLER	CHAIR	1.00	Officer Director	$0	$0	$0
MARTHA SPROULE	TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL WEINSTEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
RON TOROK	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTINE MCMAHON	PRESIDENT AND CEO	1.00	Officer	$0	$151,561	$891,927
CAROL KHOURY	CFO	1.00	Officer	$0	$8,517	$347,921
KENNETH BREZENOFF	GEN COUNSEL & VP STRAT. INIT.	1.00	Officer	$0	$18,802	$262,175
GRANT COLLINS	PRESIDENT OF FEDCAP, INC.	35.00	Officer	$296,790	$21,190	$317,980
NANDI JONES-CLEMENT	SR. DIRECTOR OF GLOBAL BUSINESS DEV.	40.00	Highest	$224,907	$6,943	$231,850
DENNIS SZE	DIRECTOR OF FINANCIAL OPERATIONS	20.00	Highest	$174,724	$34,218	$208,942
SERENA POWELL	EXECUTIVE DIRECTOR	40.00	Highest	$170,629	$15,332	$185,961
JACQUELINE KOSLOSKI	SENIOR DIR. OF WORKFORCE DEV.	40.00	Highest	$160,557	$14,807	$175,364
SILVIA ESTRADA	SR. DIR OF WORKFORCE RE-ENTRY	40.00	Highest	$158,659	$14,257	$172,916

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	$30,212,738	$30,664,006	$16,594,551	$-451,268
2023	$39,407,444	$33,328,578	$18,129,872	$6,078,866
2022	$25,391,082	$23,582,173	$9,225,372	$1,808,909
2021	$2,664,855	$1,973,252	$802,809	$691,603
2020	$1,518,483	$1,648,712	$91,753	$-130,229
2019	$1,486,470	$1,470,067	$186,671	$16,403

FEDCAP INC