Civic Intelligence

The Fedcap Group Inc.

990 • Fiscal year 2021 • EIN 83-0765672

Oct 01, 2020 to Sep 30, 2021 • Filed on Aug 15, 2022

633 Third Avenue 6th FLNew York, NY 10017

(212) 727-4200

Siviq Scores

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

Liabilities / Assets

98th percentile

7.01x

Higher debt load relative to assets than 98% of similar nonprofits.

2021 filings • NTEE J • <$500k nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

5.80x

Higher debt load relative to revenue than 99% of similar nonprofits.

2021 filings • NTEE J • <$500k nonprofits • Source year 2021

Net Margin

2nd percentile

-481%

Higher net margin than 2% of similar nonprofits.

2021 filings • NTEE J • <$500k nonprofits • Source year 2021

Top Officer Pay

100th percentile

$629,997

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 172.6% of source-year revenue.

2021 filings • NTEE J • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$301,676

No earlier filing loaded for comparison.

Net Assets

-$1,814,538

No earlier filing loaded for comparison.

Liabilities

$2,116,214

No earlier filing loaded for comparison.

Revenue

$364,913

No earlier filing loaded for comparison.

Expenses

$2,119,196

No earlier filing loaded for comparison.

Net Income

-$1,754,283

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$40M$20M$0-$20MAssets 2021: $301,676Liabilities 2021: $2,116,214Net Assets 2021: -$1,814,5382021Assets 2022: $191,700Liabilities 2022: $8,562,803Net Assets 2022: -$8,371,1032022Assets 2023: $27,129,496Liabilities 2023: $35,068,459Net Assets 2023: -$7,938,9632023Assets 2024: $30,575,557Liabilities 2024: $33,468,159Net Assets 2024: -$2,892,6022024

Highlighted filing

2021

Assets$301,676
Liabilities$2,116,214
Net Assets-$1,814,538

Operations Trend

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

$40M$20M$0-$20MRevenue 2021: $364,913Expenses 2021: $2,119,196Net Income 2021: -$1,754,2832021Revenue 2022: $8,832,900Expenses 2022: $15,387,565Net Income 2022: -$6,554,6652022Revenue 2023: $24,697,027Expenses 2023: $24,231,270Net Income 2023: $465,7572023Revenue 2024: $36,277,188Expenses 2024: $32,943,597Net Income 2024: $3,333,5912024

Highlighted filing

2021

Revenue$364,913
Expenses$2,119,196
Net Income-$1,754,283
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Aug 15, 2022
Return Version
2020v4.2
Gross Receipts
$426,558
Mission and Program Overview

Mission

We are committed to improving the lives of people with barriers to economic well-being.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$124$82,901▲ $82,777
Accounts Receivable$0$2,850▲ $2,850
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$124$301,676▲ $301,552
Other Assets Total$0$215,925▲ $215,925
Liabilities
Other Liabilities$60,219$2,116,214▲ $2,055,995
Accounts Payable and Accrued Expenses$160$0▼ $160
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$60,379$2,116,214▲ $2,055,835
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-60,255$-1,814,538▼ $1,754,283
Total Net Assets Fund Balance$-60,255$-1,814,538▼ $1,754,283
Total Liabilities and Net Assets / Fund Balance$124$301,676▲ $301,552

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$215,925--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Robin Fisk Thru 102020SVP Occupational HealthFT$141,310$141,310
Mary MoranDirector Child Wellness-$114,874$114,874

Board Members and Trustees

NameTitle
MARK O'DONOGHUEChair
Christine McmahonPresident & CEO of Fedcap
Steven CoonsPresident, Fedcap Rehabilitation
David LandauBoard Member
Peter SamuelsBoard Member
Mark CooperBoard Member (as of 01/2021)
Carol KhouryCFO of Fedcap
Tammy MickelsonChief Information Officer
Kenneth BrezenoffGen. Counsel & VP Strat. Init.
Brian BellStrategy and Operations Uk Lead
Grant CollinsSVP Workforce Development
Lyell RitchieSVP, Business Development
Lynn MorgenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$426,558
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-61,645
All Other Contributions
$419,638
Change in Net Assets
$-1,754,283
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,119,196
Total Fundraising Expense$905
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$2,116,214-$2,116,214
All Other Expenses-$1,589$582$2,171
Other Expenses-$488-$488
Fees for Services Other--$323$323
Total Functional Expenses$0$2,118,291$905$2,119,196
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$61,645
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$419,638-$61,645-
Total Events$419,638-$61,645$-61,645
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Lease Termination Cost$2,116,214
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

Organization's process used to review form 990 the form 990 was prepared by an independent accounting firm in conjunction with fedcap's financial department. The form 990 was reviewed by senior management and then distributed to the full board of trustees for review and comment before it was filed with the internal revenue service.

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

Conflict of interest the conflict of interest policy is signed by appropriate fedcap group, inc. Employees annually. Each member of the board of directors signs the conflict of interest policy on an annual basis. Violation of the policy will subject an employee to disciplinary action or immediate discharge. Employees who have knowledge or suspicion of improper conduct or activities by other employees or outside parties doing business with fedcap, are expected to immediately bring it to the attention of the ceo or director of human resources.

Form 990, Part VI, Section B, Line 15

Fedcap group, inc. Does not compensate any of the officers reported on the form 990; that compensation is paid by fedcap rehabilitation services, inc. (an affiliated organization). The process that fedcap undertakes to determine compensation is as follows: the board of directors has established a compensation committee of independent persons that have no personal interest in the proposed compensation agreement. In determining the president's compensation package, the compensation committee conducts an analysis of industry comparables for individuals performing similar job functions. The compensation committee ultimately makes the decisions about the president's compensation and memorializes its decision in the board minutes.

Form 990, Part VI, Section C, Line 19

The fedcap group, inc. Makes its form 990 available to the public by retaining a copy at its place of business. The form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.

PART VII, SECTION A:

The fedcap group is led by its executive leadership team comprised of the individuals reported in part vii of the form 990. Each of these leaders provides management and oversight services to various subsidiaries within the fedcap group. Compensation reported on the form 990 is paid by a related party, fedcap rehabilitation services, inc.

Filing and Contact Details

Filer

Filer Name
The Fedcap Group Inc
EIN
83-0765672
Phone
2127274200
Address
633 THIRD AVENUE 6TH FL, NEW YORK, NY 10017

Signing Officer

Name
Carol Khoury
Title
CFO
Phone
2127274200
Signed
2022-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christine Mcmahon
Formed
2018
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Grant Thornton Llp
Address
757 THIRD AVENUE 3RD FLOOR, NEW YORK, NY 10017-2013
Preparer
Scott Thompsett
Phone
2125990100
Supplemental Narrative

Additional Explanations

GENERAL STATEMENT REGARDING THE COVID 19 PANDEMIC:

In march 2020, the world health organization officially declared covid-19, a disease caused by the novel coronavirus, a pandemic. This caused many local and national governments, including new york state, to impose restrictions on business operations, travel and public gatherings. The outbreak has adversely impacted the level of economic activity around the world and disrupted normal business activity in every sector of the economy. As a result of the pandemic, in mid-march 2020, fedcap moved certain programs to virtual program services for the remainder of the fiscal year. In order to mitigate the impact of the pandemic, for fiscal year 2021, fedcap continues to offer some programs virtually while shifting to in-person programs for others. The full impact of the covid-19 outbreak continues to evolve as of the date of this report. External factors, including the duration and intensity of the pandemic, the shape of the economic recovery and its impact on potential government funding, as well as timing and widespread adoption of vaccines, could have a material impact on fedcap's future operating and programmatic results.

FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

The fedcap group has developed scalable, innovative and potentially disruptive solutions to some of society's most pressing needs. We continually refine our capabilities, our talent and how we leverage technology to meet evolving market demands. Who we serve when people have barriers to economic wellbeing, the fedcap group is there. We are improving the lives of children and adults with disabilities, veterans, youth transitioning from foster care, individuals on public assistance, the impoverished, those struggling with mental illness, individuals recovering from substance use disorders, older workers and the justice involved. The fedcap group measures success by our ability to: -achieve industryleading outcomes for individuals with barriers to long term economic wellbeing. -utilize technology across practice areas to engage populations and measure results. -replicate and scale successful programs in new locations to expand impact. -serve as a growth platform for like-minded organizations, achieving efficiencies and reducing overhead.

Financial Statement Notes

PART X, LINE 2:

Fin 48 fedcap and its related entities follow guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the financial statements if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. Fedcap and its related entities are exempt from federal income tax under irc section 501(c)(3), though they are subject to tax on income unrelated to their respective exempt purpose, unless that income is otherwise excluded by the irc. These organizations have processes presently in place to ensure the maintenance of their tax-exempt status; to identify and report unrelated income; to determine their filing and tax obligations in jurisdictions for which they have nexus; and to identify and evaluate other matters that may be considered tax positions. Fedcap and its related entities have determined that there are no material uncertain tax positions that require recognition or disclosure in the consolidated financial statements.

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IRS990/Desc0SEE SCHEDULE OSERVING OVER 250,000+ PEOPLE EACH YEAR ACROSS AN INTERNATIONAL FOOTPRINT, THE WORK OF THE FEDCAP GROUP IS STRUCTURED WITHIN FOUR MAJOR AREAS OF PRACTICE AND DELIVERED THROUGH A GROWING NUMBER OF TOP-TIER COMPANIES EACH FOCUSED ON HELPING PEOPLE ACHIEVE LONG TERM ECONOMIC WELLBEING.WORKFORCE DEVELOPMENT TO INCLUDE JOB TRAINING IN HIGH GROWTH SECTORS, JOB PLACEMENT AND POST PLACEMENT SUPPORTS;EDUCATIONAL SERVICES FOR CHILDREN, YOUTH AND ADULTS;HEALTH SERVICES THAT PROMOTE STABLE PARTICIPATION IN THE WORKFORCE;ECONOMIC DEVELOPMENT TARGETED TO HELPING PEOPLE AND COMMUNITIES ACHIEVE ECONOMIC EQUITY.EACH PRACTICE AREA IS OVERSEEN BY A SENIOR VICE PRESIDENT WITH NATIONAL EXPERIENCE AND A DEEP STORE OF KNOWLEDGE IN THEIR AREA OF FOCUS. THE WORK IS DELIVERED THROUGH THE COMPANIES OF THE FEDCAP GROUP, LED BY EXECUTIVE DIRECTORS WITH SIGNIFICANT LOCAL KNOWLEDGE AND EXTENSIVE OPERATIONAL EXPERIENCE. THE COMPANIES ARE SUPPORTED BY A ROBUST CENTRAL TEAM, PROVIDING FINANCIAL, HUMAN RESOURCE, TECHNOLOGICAL AND ENGAGEMENT SUPPORT. THIS MATRIX STRUCTURE ALLOWS THE FEDCAP GROUP TO INTEGRATE ITS WORK ACROSS DIVERSE SYSTEMS AND FUNDING STREAMS FOR GREATER IMPACT.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14116198
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER (AS OF 01/2021)
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT & CEO OF FEDCAP
IRS990/Form990PartVIISectionAGrp/TitleTxt6CFO OF FEDCAP
IRS990/Form990PartVIISectionAGrp/TitleTxt7GEN. COUNSEL & VP STRAT. INIT.
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHIEF INFORMATION OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt9SVP WORKFORCE DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT, FEDCAP REHABILITATION
IRS990/Form990PartVIISectionAGrp/TitleTxt11STRATEGY AND OPERATIONS UK LEAD
IRS990/Form990PartVIISectionAGrp/TitleTxt12SVP, BUSINESS DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR CHILD WELLNESS
IRS990/Form990PartVIISectionAGrp/TitleTxt14SVP OCCUPATIONAL HEALTH
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
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IRS990/FundraisingDirectExpensesAmt061645
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/IncludeFIN48FootnoteInd01
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IRS990/IntangibleAssetsGrp/EOYAmt00
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IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
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IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
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IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-61645
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-61645
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02116214
IRS990/OccupancyGrp/TotalAmt02116214
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0215925
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REIMBURSED EXP (FEDCAP)
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0488
IRS990/OtherExpensesGrp/TotalAmt0488
IRS990/OtherLiabilitiesGrp/BOYAmt060219
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt082901
IRS990/PrincipalOfficerNm0CHRISTINE MCMAHON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
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IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-60255
IRS990/PYSalariesCompEmpBnftPaidAmt00
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
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IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/PublicSupportTotal509Amt0426558
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0426558
IRS990ScheduleA/Total509Grp/TotalAmt0426558
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0426558
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0426558
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0215925
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02116214
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED LEASE TERMINATION COST
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 FEDCAP AND ITS RELATED ENTITIES FOLLOW GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. FEDCAP AND ITS RELATED ENTITIES ARE EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH THEY ARE SUBJECT TO TAX ON INCOME UNRELATED TO THEIR RESPECTIVE EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. THESE ORGANIZATIONS HAVE PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF THEIR TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE THEIR FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH THEY HAVE NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. FEDCAP AND ITS RELATED ENTITIES HAVE DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0215925
IRS990ScheduleD/TotalLiabilityAmt02116214
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0419638
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0419638
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt061645
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0419638
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0419638
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-61645
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt061645
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt061645
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0DUE TO THE COVID-19 PANDEMIC, THE FEDCAP GROUP, INC. WAS FORCED TO CANCEL ITS IN-PERSON ANNUAL GALA; IN LIEU OF IN-PERSON ATTENDANCE, THE ORGANIZATION CONDUCTED A VIRTUAL EVENT. ALL REVENUES ASSOCIATED WITH THIS ONLINE EVENT ARE RECORDED AS CONTRIBUTION DOLLARS AS THE ATTENDEES DID NOT RECEIVE ANY TANGIBLE BENEFITS FROM ATTENDING THE VIRTUAL EVENT.
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II:
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount60
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt60
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1252796
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt5190323

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