Capitol Learning Academy INC FY2021 filing

Washington, DCUnknown exempt organization EIN 82-2341061Revenue $304K in FY2021Latest return filed Sep 7, 2023

On file with the IRS405 Guetler Way Se · Washington, DC

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Prepare and teach students to effectively utilize resources, tools and relationships in order to succeed as world citizens in an unpredictable future.

72¢ of each $1 spent went to programs.
$62K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $217 a year · under 1% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$62K
to officers and key staff · 24% of spending
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $40
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$7K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 10 voting members
Looks good: 9 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$304K
Spent
$259K
To programs
72%
Net assets
$46K
By yearFY2021–FY2023
Revenue
$304K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$304K
FY2022$293K
FY2023$346K
Expenses
$259K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$259K
FY2022$335K
FY2023$350K
Net assets
$46K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$46K
FY2022$4K
FY2023$0

From the FY2021 Form 990 (year ending June 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $187K Management & general 28% · $72K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $62K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$62,500Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

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

NameFY2022FY2021
Alexandra Roosenburg$64,904$62,500

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.

See Capitol Learning Academy INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II2 listed

Programs and updates

Equips students with skills and resources for global success in a changing world.

Questions for Capitol Learning Academy INC

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1 program · $187K · in their own filed words · FY2020
01

Prepare and teach students to effectively utilize resources, tools and relationships in order to succeed as world citizens in an unpredictable future.

$187Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$40

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$304K
Ln 12
Gifts and grantsLn 1h$257K
Fees for servicesLn 2g$47K
Money outPt IX
$259K
Ln 25
Programscol B$187K
Managementcol C$72K
Owns and owesPt X
$46K
net assets · Ln 32
Cash and savingsLn 1–2$53K
Total assetsLn 16$53K
LiabilitiesLn 26$7K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$257K
Government grantsLn 1e$252K
Fundraising eventsLn 1c$5K
Fees for servicesLn 2g$47K
Total revenueLn 12$304K
Assets in detailPt X, end of year
CashLn 1$53K
Cash and savings togetherLn 1–2$53K
Total assetsLn 16$53K
LiabilitiesLn 26$7K
Net assetsLn 32$46K
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$32K$53K
Total assetsLn 16$32K$53K
LiabilitiesLn 26$30K$7K
Net assetsLn 32$1K$46K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$62K$62K
Other salaries and wagesLn 7$66K$66K
Other employee benefitsLn 9$11K$11K
Payroll taxesLn 10$11K$11K
Management feesLn 11a$9K$4K$5K
Legal feesLn 11b$18K$17K$2K
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$9K$5K$4K
OccupancyLn 16$52K$52K
TravelLn 17$2K$2K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$11K$3K$8K
Total functional expensesLn 25$259K$187K$72K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 LatestFiled with the IRS Sep 7, 2023 $346K$350K−$4K$0 990 PDF
FY2022Filed with the IRS May 5, 2023 $293K$335K−$42K$4K 990 PDF
FY2021 ViewingFiled with the IRS Nov 15, 2021 $304K$259K$45K$46K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $304,175 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $107,986$257,117
I-9 Program service revenuePrior year $82,132$47,058
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $190,118$304,175
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $147,650$150,661
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $161,134$108,531
I-18 Total expensesPrior year $308,784$259,192
I-19 Revenue less expensesPrior year −$118,666$44,983
Part VI · Governance 9 of 10 board members independent, 3 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members9
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $304,175 across 5 lines filed
VIII-1c Fundraising events$5,107
VIII-1e Government grants$252,010
VIII-1h Total contributions, gifts and grants$257,117
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $47,058$47,058
VIII-12 Total revenueRelated to mission $47,058 · Unrelated business $0 · Excluded from tax $0$304,175
Part IX · Statement of functional expenses $259,192 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $62,500$62,500
IX-7 Other salaries and wagesPrograms $65,713$65,713
IX-9 Other employee benefitsPrograms $11,314$11,314
IX-10 Payroll taxesPrograms $11,134$11,134
IX-11a Management feesPrograms $4,358 · Management $4,585$8,943
IX-11b Legal feesPrograms $16,520 · Management $1,826$18,346
IX-12 Advertising and promotionPrograms $4,558$4,558
IX-13 Office expensesPrograms $5,407 · Management $3,686$9,093
IX-16 OccupancyManagement $51,639$51,639
IX-17 TravelPrograms $2,100$2,100
IX-23 InsuranceManagement $3,154$3,154
IX-24 Other expenses (24a–d)Programs $3,182 · Management $7,516$10,698
IX-25 Total functional expensesPrograms $186,786 · Management $72,406 · Fundraising $0$259,192
Part X · Balance sheet $53,307 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $31,851$53,307
X-16 Total assetsStart of year $31,851$53,307
X-17 Accounts payable and accrued expensesStart of year $1,185$2,055
X-26 Total liabilitiesStart of year $30,384$6,857
X-27 Net assets without donor restrictionsStart of year $1,467$46,450
X-32 Total net assets or fund balancesStart of year $1,467$46,450
X-33 Total liabilities and net assetsStart of year $31,851$53,307
Part XI · Reconciliation of net assets $46,450 net assets at year end
XI-1 Total revenue$304,175
XI-2 Total expenses$259,192
XI-3 Revenue less expenses$44,983
XI-4 Net assets at start of year$1,467
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$46,450

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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