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

Capps Villa INC FY2024 filing

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Provides housing for people with disabilities in Spartanburg, South Carolina. For fiscal year 2024 it reported $117K in revenue, $220K in expenses, and $1.1M in net assets.Pt I

Type
Public charity (501(c)(3)) · Housing
Location
Greenville, SC
Filings
5 on file (2021–2024)
Revenue
$117KFY2024
Expenses
$220K
Net assets
$1.1M
People
11
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 FY2024 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
Shane Hennessy · Interim CEO
Money in and out
$117K revenue, $220K expenses
Bottom line
80% program efficiency
Where the money goes · FY2024
Total revenue
$117K
Pt VIII · Ln 12
Total expenses
$220K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$103K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.20
Program efficiency
80%
of spending reaches programs
Operating runway
0.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-88%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$117K
FY2024▼ -15%
Expenses
$220K
FY2024▲ +52%
Total assets
$1.2M
FY2024▼ -8%
Total liabilities
$19K
FY2024▲ +46%
Total revenue
$117K
Pt VIII · Ln 12
Total expenses
$220K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$103K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $177K of program spending, described in the organization's own filed words · FY2023.
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.

$177Kprogram expense

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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 1a10
Independent voting membersPt VI · Ln 1b10
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 (FY2023); the FY2024 filing did not itemize Part VII
Interim CEO
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$58K · 49%
Contributions & grants$56K · 48%
Investment income$3K · 3%
Program service revenue49%$58K
Contributions & grants48%$56K
Investment income3%$3K
— government grantsLn 1e$56K
Total revenueLn 12$117K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.20
Program services80%$177K
Management & general20%$43K
Total functional expensesLn 25$220K

Balance Sheet

Part X · end of year
CashLn 1$1K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$19K
Total net assetsLn 32$1.1M
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5K · Operating expenses/yr $220K
0.3 months
Where the money goes
Program services
Program services $177K · Total expenses $220K
80%
Management & General
Management & general $43K · Total expenses $220K
20%
Fundraising
Fundraising $0 · Total expenses $220K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $56K · Total revenue $117K
48%
Government reliance
Government grants $56K · Total revenue $117K
48%
Earned-income share
Program service revenue $58K · Total revenue $117K
49%
Investment reliance
Investment income $3K · Total revenue $117K
+3%
Program self-sufficiency
Program service revenue $58K · Total expenses $220K
26%
Growth & trend
Revenue growth (YoY)
This year $117K · Prior year $138K
-15%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $117K · Expenses $220K
-88%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.1M · Total assets $1.2M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $4K · Total assets (Pt X, ln 16) $1.2M
0.3%
People & payroll
Highest Reported Total Compensation
Individual Shane Hennessy · Reported title INTERIM CEO · Highest reported compensation $0 · Total expenses $220K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $220K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 20%
Fundraising cost ratio 0%
Revenue growth -15%
Accounting fee ratio 2%

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 · viewing · ⤓ 990 PDF
FY2023$138K revenue · ⤓ 990 PDF
FY2022$141K revenue · ⤓ 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) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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