Capital Cause EIN 27-1342153

Capital Cause

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Empowers young adults to give money and skills collectively to make a bigger impact. For fiscal year 2024 it reported $155K in revenue, $398K in expenses, and $341K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Bowie, MD
Website
capitalcause.org
Filings
5 on file (2020–2024)
Revenue
$155KFY2024
Expenses
$398K
Net assets
$341K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  27-1342153 Public foundation / grantmaker Bowie, MD
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers young adults to give money and skills collectively to make a bigger impact.
Leadership
Kezia Williams · CEO · $120K
Money in and out
$155K revenue, $398K expenses
Bottom line
38% program efficiency
Grants paid & assets · FY2024
Total revenue
$155K
Pt VIII · Ln 12
Total expenses
$398K
Pt IX · Ln 25
Net assets
$341K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$243K
Where spending went · Part IX cols B–D
Program services $0.38 Management & general $0.62
Program efficiency
38%
of spending reaches programs▼ -17% vs prior filing year
Operating runway
10.8mo
months of highly liquid reserves at operating expense rate▼ -65% vs prior filing year
Surplus margin
-157%
revenue over expenses, this year▼ -378% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$155K
FY2024▼ -74%
Expenses
$398K
FY2024▲ +52%
Total assets
$360K
FY2024▼ -47%
Total liabilities
$19K
FY2024▲ +197%
Total revenue
$155K
Pt VIII · Ln 12
Total expenses
$398K
Pt IX · Ln 25
Net assets
$341K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$243K
Total assetsPt X · Ln 16$360K
Program-expense ratioPt IX · col B38%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

2 program services account for $150K of program spending, described in the organization's own filed words · FY2023.
01

School at night

$140Kprogram expense
02

Other Programs

$10Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCapital Cause
EINHdr · item D27-1342153
Principal addressHdr · item CBowie, MD
WebsiteHdr · item Jcapitalcause.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T50)
Ruling yearIRS BMFNov 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$119,817Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Kezia Williams’s $120K as CEO is at the 91st percentile of top reported officer pay among 1263 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Kezia Williams$119,817$39,585

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$125K · 81%
Contributions & grants$29K · 19%
Other revenue$1K · 1%
Program service revenue81%$125K
Contributions & grants19%$29K
Other revenue1%$1K
Total revenueLn 12$155K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.38 Management & general $0.62
Program services38%$150K
Management & general62%$248K
Total functional expensesLn 25$398K

Balance Sheet

Part X · end of year
CashLn 1$360K
Total assetsLn 16$360K
Total liabilitiesLn 26$19K
Total net assetsLn 32$341K
Months of cash on handcomputed10.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $360K · Operating expenses/yr $398K
10.8 months
Where the money goes
Program services
Program services $150K · Total expenses $398K
38%
Management & General
Management & general $248K · Total expenses $398K
62%
Fundraising
Fundraising $0 · Total expenses $398K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $99K
$0.07 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $29K · Total revenue $155K
19%
Government reliance
Government grants $0 · Total revenue $155K
0%
Earned-income share
Program service revenue $125K · Total revenue $155K
81%
Investment reliance
Investment income $0 · Total revenue $155K
0%
Program self-sufficiency
Program service revenue $125K · Total expenses $398K
31%
Growth & trend
Revenue growth (YoY)
This year $155K · Prior year $599K
-74%
Revenue CAGR
FY2019 $119K · FY2023 $155K
+7%
Net-asset trend (YoY)
End of year $341K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $155K · Expenses $398K
-157%
Liabilities-to-Assets
Total liabilities — · Total assets $360K
Net-asset ratio
Net assets $341K · Total assets $360K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $360K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kezia Williams · Reported title CEO · Highest reported compensation $120K · Total expenses $398K
30%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $289K · Total expenses $398K
73%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 38%
Overhead ratio 62%
Fundraising cost ratio 0%
Revenue growth -74%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$19K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$155K revenue · viewing · ⤓ 990 PDF
FY2023$599K revenue · ⤓ 990 PDF
FY2022$112K revenue · ⤓ 990 PDF
FY2021$502K revenue · ⤓ 990 PDF
FY2020$119K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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