Capps Villa INC EIN 56-2661049 Form 990 (PDF) Claim this org

Capps Villa INC FY2022 filing

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Provides housing for people with disabilities in Spartanburg, South Carolina. For fiscal year 2022 it reported $141K in revenue, $150K in expenses, and $1.3M in net assets.Pt I

Type
Public charity (501(c)(3)) · Housing
Location
Greenville, SC
Filings
5 on file (2021–2022)
Revenue
$141KFY2022
Expenses
$150K
Net assets
$1.3M
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  56-2661049 Public charity (501(c)(3)) Greenville, SC
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Provides housing for people with disabilities in Spartanburg, South Carolina.
Leadership
Money in and out
$141K revenue, $150K expenses
Bottom line
79% program efficiency
Where the money goes · FY2022
Total revenue
$141K
Pt VIII · Ln 12
Total expenses
$150K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$8K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.21
Program efficiency
79%
of spending reaches programs
Operating runway
2.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$141K
FY2022▼ -1%
Expenses
$150K
FY2022▼ -8%
Total assets
$1.3M
FY2022▼ -3%
Total liabilities
$13K
FY2022▼ -67%
Total revenue
$141K
Pt VIII · Ln 12
Total expenses
$150K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$8K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCapps Villa INC
EINHdr · item D56-2661049
Principal addressHdr · item CGreenville, SC
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L21)
Ruling yearIRS BMFOct 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
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 (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $118K of program spending, described in the organization's own filed words · FY2021.
01

Capps villa, inc. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of south carolina. The corporation was formed for the purpose of operating a 15 unit community known as capps villa located in spartanburg, south carolina, which provides housing for persons with disabilities.

$118Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$83K · 58%
Program service revenue$54K · 38%
Other revenue$5K · 3%
Contributions & grants58%$83K
Program service revenue38%$54K
Other revenue3%$5K
Investment income$48
— government grantsLn 1e$83K
Total revenueLn 12$141K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.21
Program services79%$118K
Management & general21%$32K
Total functional expensesLn 25$150K

Balance Sheet

Part X · end of year
CashLn 1$33K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$13K
Total net assetsLn 32$1.3M
Months of cash on handcomputed2.7

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $37K · Operating expenses/yr $150K
2.9 months
Where the money goes
Program services
Program services $118K · Total expenses $150K
79%
Management & General
Management & general $32K · Total expenses $150K
21%
Fundraising
Fundraising $0 · Total expenses $150K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $83K · Total revenue $141K
58%
Government reliance
Government grants $83K · Total revenue $141K
58%
Earned-income share
Program service revenue $54K · Total revenue $141K
38%
Investment reliance
Investment income $48 · Total revenue $141K
+0.03%
Program self-sufficiency
Program service revenue $54K · Total expenses $150K
36%
Growth & trend
Revenue growth (YoY)
This year $141K · Prior year $143K
-1%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $141K · Expenses $150K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $1.3M · Total assets $1.3M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $4K · Total assets (Pt X, ln 16) $1.3M
0.3%
People & payroll
Highest Reported Total Compensation
Individual Jessica Salvini ESQ · Reported title CHAIR · Highest reported compensation $0 · Total expenses $150K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $150K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 21%
Fundraising cost ratio 0%
Revenue growth -1%
Legal fee ratio 0.04%
Accounting fee ratio 3%

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.

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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
FY2025 (Latest)$133K revenue · ⤓ 990 PDF
FY2024$117K revenue · ⤓ 990 PDF
FY2023$138K revenue · ⤓ 990 PDF
FY2022$141K revenue · viewing · ⤓ 990 PDF
FY2021$143K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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