Civic Intelligence

Cap Services Inc.

990 • Fiscal year 2022 • EIN 39-1080897

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 02, 2023

2900 Hoover Road AStevens Point, WI 54481

(715) 343-7500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

61st percentile

0.36x

Higher debt load relative to assets than 61% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

73rd percentile

0.89x

Higher debt load relative to revenue than 73% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Net Margin

47th percentile

5.2%

Higher net margin than 47% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

20th percentile

$196,963

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Asset Growth

63rd percentile

3.5%

Faster asset growth than 63% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

49th percentile

3.7%

Faster revenue growth than 49% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Assets

Up

$53,200,970

Up $1,785,182 (+3.5%) from 2021

Net Assets

Up

$34,281,008

Up $896,827 (+2.7%) from 2021

Liabilities

Up

$18,919,962

Up $888,355 (+4.9%) from 2021

Revenue

Up

$21,226,668

Up $749,205 (+3.7%) from 2021

Expenses

Up

$20,112,498

Up $1,944,727 (+11%) from 2021

Net Income

Down

$1,114,170

Down $1,195,522 (-52%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $47,349,260Liabilities 2010: $19,630,913Net Assets 2010: $27,718,3472010Assets 2011: $49,336,040Liabilities 2011: $20,544,368Net Assets 2011: $28,791,6722011Assets 2012: $51,254,247Liabilities 2012: $21,818,600Net Assets 2012: $29,435,6472012Assets 2013: $51,929,565Liabilities 2013: $21,148,380Net Assets 2013: $30,781,1852013Assets 2014: $50,543,919Liabilities 2014: $19,399,952Net Assets 2014: $31,143,9672014Assets 2015: $45,943,973Liabilities 2015: $13,626,673Net Assets 2015: $32,317,3002015Assets 2016: $46,505,884Liabilities 2016: $15,266,953Net Assets 2016: $31,238,9312016Assets 2017: $46,686,220Liabilities 2017: $14,199,731Net Assets 2017: $32,486,4892017Assets 2018: $47,319,906Liabilities 2018: $12,916,189Net Assets 2018: $34,403,7172018Assets 2019: $47,376,232Liabilities 2019: $11,892,285Net Assets 2019: $35,483,9472019Assets 2020: $48,682,924Liabilities 2020: $18,946,767Net Assets 2020: $29,736,1572020Assets 2021: $51,415,788Liabilities 2021: $18,031,607Net Assets 2021: $33,384,1812021Assets 2022: $53,200,970Liabilities 2022: $18,919,962Net Assets 2022: $34,281,0082022Assets 2023: $48,896,306Liabilities 2023: $17,915,933Net Assets 2023: $30,980,3732023Assets 2024: $49,076,313Liabilities 2024: $18,744,321Net Assets 2024: $30,331,9922024

Highlighted filing

2022

Assets$53,200,970
Liabilities$18,919,962
Net Assets$34,281,008

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $17,480,5702010Expenses 2011: $17,762,1302011Revenue 2012: $15,531,617Expenses 2012: $14,920,689Net Income 2012: $610,9282012Revenue 2013: $16,440,226Expenses 2013: $15,114,037Net Income 2013: $1,326,1892013Revenue 2014: $16,528,707Expenses 2014: $15,963,545Net Income 2014: $565,1622014Revenue 2015: $17,210,725Expenses 2015: $16,023,768Net Income 2015: $1,186,9572015Revenue 2016: $15,429,197Expenses 2016: $16,597,327Net Income 2016: -$1,168,1302016Revenue 2017: $19,037,402Expenses 2017: $17,847,728Net Income 2017: $1,189,6742017Revenue 2018: $17,162,366Expenses 2018: $16,515,849Net Income 2018: $646,5172018Revenue 2019: $17,709,780Expenses 2019: $16,696,073Net Income 2019: $1,013,7072019Revenue 2020: $20,127,378Expenses 2020: $18,457,147Net Income 2020: $1,670,2312020Revenue 2021: $20,477,463Expenses 2021: $18,167,771Net Income 2021: $2,309,6922021Revenue 2022: $21,226,668Expenses 2022: $20,112,498Net Income 2022: $1,114,1702022Revenue 2023: $19,476,873Expenses 2023: $19,687,483Net Income 2023: -$210,6102023Revenue 2024: $19,532,166Expenses 2024: $20,336,919Net Income 2024: -$804,7532024

Highlighted filing

2022

Revenue$21,226,668
Expenses$20,112,498
Net Income$1,114,170
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 2, 2023
Return Version
2022v5.0
Gross Receipts
$22,446,757
Mission and Program Overview

Mission

Cap services, inc.'s mission is to transform people and communities to advance social and economic justice.

Transform people and communities to advance social and economic justice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,319,130$16,151,953▼ $167,177
Cash and Non-Interest-Bearing Accounts$11,556,089$12,000,491▲ $444,402
Investments Program Related$10,352,186$10,638,259▲ $286,073
Other Notes and Loans Receivable, Net$4,520,192$4,453,066▼ $67,126
Savings and Temporary Cash Investments$2,214,762$2,086,289▼ $128,473
Pledges and Grants Receivable$940,816$1,419,507▲ $478,691
Investments Other Securities$1,647,147$1,275,644▼ $371,503
Accounts Receivable$362,502$369,248▲ $6,746
Inventories for Sale or Use$443,018$289,368▼ $153,650
Prepaid Expenses and Deferred Charges$141,030$218,774▲ $77,744
Total Assets$51,415,788$53,200,970▲ $1,785,182
Other Assets Total$2,918,916$4,298,371▲ $1,379,455
Liabilities
Other Liabilities$8,166,419$9,138,737▲ $972,318
Mortgage Notes Payable Secured by Investment Property$5,545,214$5,571,193▲ $25,979
Unsecured Notes Loans Payable$2,154,496$2,124,317▼ $30,179
Accounts Payable and Accrued Expenses$1,415,083$1,453,220▲ $38,137
Deferred Revenue$750,395$632,495▼ $117,900
Total Liabilities$18,031,607$18,919,962▲ $888,355
Net Assets / Fund Balance
Net Assets With Donor Restrictions$19,513,173$19,152,514▼ $360,659
Net Assets Without Donor Restrictions$13,871,008$15,128,494▲ $1,257,486
Total Net Assets Fund Balance$33,384,181$34,281,008▲ $896,827
Total Liabilities and Net Assets / Fund Balance$51,415,788$53,200,970▲ $1,785,182

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,041,102$15,930,701$29,971,803
Equipment$372,841$1,286,458$1,659,299
Land$1,598,165-$1,598,165
Leasehold Improvements$139,845$85,881$225,726
Investment Program Related Org$6,303,564--
Other Assets Org$1,448,113--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$550,066$700▼ $80,831-$464,940
2021$495,302$125▲ $59,959-$550,066
2020$457,893$100▲ $41,731-$495,302
2019$391,370$1,650▲ $69,499-$457,893
2018$424,842$1,550▼ $28,757-$391,370
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicole HarrisonPresident & CEOFT$156,026$40,937$196,963
Trena LarsonChief Financial OfficerFT$106,133$30,450$136,583
Carla KluzVP & Director of Early CHIFT$117,418$6,937$124,355
Laura West-kralcikVP & Director of LendingFT$113,298$6,848$120,146

Board Members and Trustees

NameTitle
Brett JarmanChairperson
Mary WaltersVice-chairperson
Al RosenthalDirector
Amy EddyDirector
Bob GiffordDirector
Bob WedellDirector
Carol SteltenpohlDirector
Cassie BunkDirector
Damaris ThomeDirector
Jennifer DornDirector
Jody JansenDirector
Kathy Jo LockeDirector
Kelly KohlDirector
Kevin WillDirector
Patrick KingDirector
Sandi MooreDirector
Stacey DonovanDirector
Cindy JarvisSecretary
Dan GabrielsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Guelzow Heathing And Air Cond LLCWx Hvac Vendor2030 7TH ST, Wisconsin, WI 54494$668,708
Lamers Bus Lines INCHead Start Transportation2407 SOUTH POINT ROAD, Green Bay, WI 54313$211,701
Applied Tech Solutions LLCSoftware, Data Security And It SolutionsPO BOX 650823, Dallas, TX 75265$209,339
Superior Roofing And RemodelingRehab Projects For ParticipantsPO BOX 314, Plover, WI 54467$195,753
Gowley Abstract And Title CompanyTitle Services For Proerty Tax2900 CHURCH ST, Stevens Point, WI 54481$177,000
Revenue and Support

Revenue Composition

Contributions and Grants
$15,663,607
Program Service Revenue
$4,288,714
Investment Income
$1,157,505
Other Revenue
$116,842
All Other Contributions
$1,026,118
Change in Net Assets
$1,114,170

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table125$192,481Cost of Donated Prop
Total Noncash Contributions125$192,481-

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,424,659
Revenue Not Reported on Financial Statements
$-197,991
Revenue Not Reported on Form 990
$-140,685
Other Revenue Adjustments
$-197,991
Total Revenue per Audited Statements
$21,283,974
Total Revenue per Form 990
$21,226,668
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,150,160
Other Expenses$7,116,767
Grants and Similar Amounts Paid$1,845,571
Total Fundraising Expense$48,979
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,110,192$605,580$18,948$8,734,720
Grants to Domestic Individuals$1,814,611--$1,814,611
Depreciation Depletion$1,118,763$8,703-$1,127,466
Office Expenses$955,614$85,233$20,294$1,061,141
Other Employee Benefits$942,002$112,996$2,267$1,057,265
Payroll Taxes$617,264$72,240$1,450$690,954
Fees for Services Other$463,233$92,165$229$555,627
Occupancy$398,292$78,782-$477,074
Current Officers, Directors, Trustees, and Key Employees-$338,736-$338,736
Pension Plan Contributions$291,546$36,212$727$328,485
Interest$292,971--$292,971
Travel$227,087$56,865$614$284,566
Insurance$246,339--$246,339
Payment Travel Entrtnmnt Publicly Ofcl$234,435--$234,435
Other Expenses$161,768$16,949$4,450$161,768
Information Technology$111,857--$111,857
Fees for Services Accounting-$91,600-$91,600
Fees for Services Legal-$34,043-$34,043
Grants to Domestic Orgs$30,960--$30,960
Total Functional Expenses$18,433,415$1,630,104$48,979$20,112,498

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$20,387,153
Expenses per Audited Statements$20,112,498
Total Expenses per Form 990$20,112,498
Expenses Not Reported on Form 990$274,655
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Wisconsin Economic Development CorporationMadison, WI-Economic Development$30,960
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Funding Source$5,443,445
Deferred Mortgages Payable$1,885,520
Right of Use Lease Assets, Operating$1,448,396
Security Deposits$197,285
Other Liabilities$164,091
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 return is reviewed in detail by the chief financial officer and the president & ceo. It is reviewed by the finance committee of the board of directors, and approved for filing by the board of directors prior to filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Conflict of interest forms are collected annually from directors, and all employees, and reviewed for possible conflicts. If a conflict exists the individual will be recused from the decision-making process. Purchasing decisions are subject to review by senior management. President & ceo approval is required at the $25,000 level, board of director approval above $25,000. No person shall serve on the board of directors when such services would create a real or perceived conflict of interest because of purchase or rental of goods, space or services by the agency. If a conflict arises during a director's term, a full disclosure of the conflict must be made and that member must recuse himself or herself from all discussions or actions regarding that issue.

Form 990, Part VI, Section B, Line 15

The board of directors establishes the salary schedule for the corporation using the position classification system and wage ranges typical for comparable work in similar organizations in the state. The starting salary for a new hire is based on education and experience related to the position. Cap services performs wage comparability studies on a sampling of positions periodically to ensure wage structure is appropriate for the organization. Cap services participates in selected wage studies when the information is collected for cap's geographic area, for wiscap or other wisconsin cap agencies or for selected trade groups (mra-the management association, inc., as example). The compensation for senior management, including the president & ceo, is determined in the same manner as that of all other staff. Certain positions may have performance-based incentives, as approved in advance by the board of directors. Compensation is set by individuals without a conflict of interest and all decisions are documented.

Form 990, Part VI, Section C, Line 18

A copy is placed at all of our corporate locations.

Form 990, Part VI, Section C, Line 19

Basically, the organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Cap Services Inc
EIN
39-1080897
Phone
7153437500
Address
2900 HOOVER ROAD A, STEVENS POINT, WI 54481

Signing Officer

Name
Nicole Harrison
Title
President & CEO
Phone
7153437500
Signed
2023-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicole Harrison
Formed
1966
Legal Domicile
Wi
Voting Board Members
23
Independent Board Members
23
Employees
314
Volunteers
638

Preparer

Firm
Wipfli Llp
Address
PO BOX 12237, GREEN BAY, WI 54307-2237
Preparer
Terri Rexrode CPA Mst
Phone
9206620016
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

There are two foundations that receive donations for the benefit of cap services, inc. The foundations are community foundation of central wisconsin, and community foundation for the fox valley region. The foundations hold cap services, inc. Funds in three separate self-balancing funds. The organization intends to use the endowment funds for operation and program services.

PART X, LINE 2:

Some activities of cap services, inc. Are subject to unrelated business income tax (ubit). As of december 31, 2022, and 2021, cap services, inc. Has a net operating loss carry forward of approximately $643,000 which may be used to offset against future taxable income. The carryforward for the state of wisconsin expires in future years through 2027. The carryforward for the federal return expires in future years through 2032. The organization is required to assess whether it is more likely than not that a tax position will be sustained upon examination on the technical merits of the position assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more likely than not recognition threshold, the benefit of that position is not recognized in the financial statements. The organization has determined there are no amounts to record as assets or liabilities related to uncertain tax positions.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in investments held by others -217,343.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Cost of homes sold -197,991.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of homes sold 197,991. Rounding adjustment 6.

Raw XML AppendixShowing 400 of 1,259 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0CHILD EDUCATIONCAP SERVICES' EARLY CHILDHOOD DEVELOPMENT PROGRAMS PROMOTE SCHOOL READINESS AND PROVIDE QUALITY EDUCATION, DISABILITIES, MENTAL HEALTH, HEALTH, NUTRITIONAL AND FAMILY SERVICES TO ENROLLED CHILDREN AND FAMILIES. THESE COMPREHENSIVE PROGRAMS, HEAD START, EARLY HEAD START, CHILD CARE AND FOUR YEAR OLD KINDERGARTEN, INVOLVE THE FAMILY AND COMMUNITY IN WHICH THEY LIVE IN THE TOTAL DEVELOPMENT OF THE CHILD. HEAD START AND EARLY HEAD START PROGRAMS SERVE INCOME-ELIGIBLE FAMILIES WITH CHILDREN AGES ZERO-TO-FIVE AND PREGNANT WOMEN. IN THE PROGRAM YEAR 2022-2023, CAP EARLY CHILDHOOD DEVELOPMENT SERVICED 280 HEAD START, 122 EARLY HEAD START, 105 CHILD CARE AND 90 FOUR YEAR OLD KINDERGARTEN CHILDREN AND THEIR FAMILIES. PROGRAM SERVICES ARE LOCATED IN WAUPACA, WAUSHARA, MARQUETTE, AND PORTAGE COUNTIES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt20CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt21VP & DIRECTOR OF EARLY CHI
IRS990/Form990PartVIISectionAGrp/TitleTxt22VP & DIRECTOR OF LENDING
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IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$49.1$18.7$30.3$19.5$20.3$0.80
2023Detailed filing. Detailed filing data is available for this year.$48.9$17.9$31.0$19.5$19.7$0.21
2022Detailed filing. Detailed filing data is available for this year.$53.2$18.9$34.3$21.2$20.1$1.11
2021Detailed filing. Detailed filing data is available for this year.$51.4$18.0$33.4$20.5$18.2$2.31
2020Detailed filing. Detailed filing data is available for this year.$48.7$18.9$29.7$20.1$18.5$1.67
2019Detailed filing. Detailed filing data is available for this year.$47.4$11.9$35.5$17.7$16.7$1.01
2018Detailed filing. Detailed filing data is available for this year.$47.3$12.9$34.4$17.2$16.5$0.65
2017Detailed filing. Detailed filing data is available for this year.$46.7$14.2$32.5$19.0$17.8$1.19
2016Detailed filing. Detailed filing data is available for this year.$46.5$15.3$31.2$15.4$16.6$1.17
2015Detailed filing. Detailed filing data is available for this year.$45.9$13.6$32.3$17.2$16.0$1.19
2014Detailed filing. Detailed filing data is available for this year.$50.5$19.4$31.1$16.5$16.0$0.57
2013Detailed filing. Detailed filing data is available for this year.$51.9$21.1$30.8$16.4$15.1$1.33
2012Summary only. Only limited summary data is available for this year.$51.3$21.8$29.4$15.5$14.9$0.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.3$20.5$28.8$17.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.3$19.6$27.7$17.5
Peer Organizations

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