EIGHTCAP INC

Orleans, MI, US
501(c)(3)
EIN
38-6111652
Regional Funder
Orleans, MI, US
501(c)(3)
EIN
38-6111652
Regional Funder

Overview

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Est.

1966

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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EIGHTCAP INC is a nonprofit organization dedicated to improving community well-being through collaboration with private, government, and community entities to address the root causes of poverty and promote self-sufficiency. With an operating budget of $17.9 million and total revenue of $17.7 million for the 2024 filing year, the organization focuses on human rights and human services. EIGHTCAP does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.eightcap.org.

Mission Statement

EIGHTCAP, INC. IMPROVES OUR COMMUNITY BY COLLABORATING WITH PRIVATE, GOVERNMENT, AND COMMUNITY ORGANIZATIONS TO DELIVER PROGRAMS THAT ALLEVIATE THE CAUSES OF POVERTY AND ITS EFFECTS ALLOWING INDIVIDUALS TO BECOME SELF-SUFFICIENT.
Revenues

$17.7M

Expenses

$18M

Net Income:
-$287K
Assets

$2.7M

Liabilities

$1.5M

Net Assets:
+$1.2M
Operating Budget

$17.9M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

3

Median grant size
$35K
Largest grant received
$420.2K
L
Lori Johnson
Board Member
D
Doug McFadden
Board Member
D
David Seppala
Board Member

Frequently Asked Questions

What is EIGHTCAP INC’s budget?
In 2024, EIGHTCAP INC reported an annual operating budget of around $17.9 million. More detailed financial information is available to registered users.
What causes does EIGHTCAP INC support?
EIGHTCAP INC supports work in Human rights and Human services.
Where does EIGHTCAP INC operate?
EIGHTCAP INC is headquartered in Orleans, MI.
Who funded EIGHTCAP INC recently?
In 2024, EIGHTCAP INC received grants from MID MICHIGAN COMMUNITY ACTION AGENCY INC, Greenville Area Community Fnd, and MICHIGAN CASA INC. More information on this organization’s funders is available to registered users.
What is the largest grant EIGHTCAP INC received in 2024?
The largest grant to EIGHTCAP INC in 2024 exceeds $420 thousand.
What is EIGHTCAP INC’s reliance on government grants?
EIGHTCAP INC relied on government grants for more than 95% of their total revenue in 2024.
Overview
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