Overview

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Est.

1998

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

Capital Investing in Development and Employment of Adults Inc is a nonprofit organization based in Central Texas, dedicated to promoting human rights and providing employment and human services. With an operating budget of $6.2 million and total revenue of $6.7 million for the 2024 filing year, the organization focuses on helping unemployed and underemployed adults access economically self-sufficient growth jobs. It 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 their website at www.capitalidea.org.

Mission Statement

The primary purpose of the organization is to provide unemployed and underemployed Central Texas adults access to economically self sufficient growth jobs.
Revenues
$6.7M
Expenses
$6.2M
Net Income:
+$532.9K
Assets
$4.7M
Liabilities
$1M
Net Assets:
+$3.7M
Operating Budget
$6.2M
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
8
Median grant size
$57.5K
Largest grant received
$641.5K
A
Alyssia Woods
Board Member
C
Carlota Garcia
Board Member
T
Toni Swinton
Board Member

Frequently Asked Questions

What is Capital Investing in Development and Employment of Adults Inc’s budget?
In 2024, Capital Investing in Development and Employment of Adults Inc reported an annual operating budget of around $6.2 million. More detailed financial information is available to registered users.
What causes does Capital Investing in Development and Employment of Adults Inc support?
Capital Investing in Development and Employment of Adults Inc supports work in Employment, Human rights, and Human services.
Where does Capital Investing in Development and Employment of Adults Inc operate?
Capital Investing in Development and Employment of Adults Inc is headquartered in Austin, TX.
Who funded Capital Investing in Development and Employment of Adults Inc recently?
In 2024, Capital Investing in Development and Employment of Adults Inc received grants from St David's Foundation, Annie E Casey Foundation Inc, and TEXAS MUTUAL INSURANCE COMPANY. More information on this organization’s funders is available to registered users.
What is the largest grant Capital Investing in Development and Employment of Adults Inc received in 2024?
The largest grant to Capital Investing in Development and Employment of Adults Inc in 2024 exceeds $642 thousand.
What is Capital Investing in Development and Employment of Adults Inc’s reliance on government grants?
Capital Investing in Development and Employment of Adults Inc relied on government grants for more than 45% of their total revenue in 2024.