Civic Intelligence

The Fedcap Group Inc.

990 • Fiscal year 2022 • EIN 83-0765672

Oct 01, 2021 to Sep 30, 2022 • Filed on Aug 15, 2023

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

100th percentile

44.67x

Higher debt load relative to assets than 100% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

83rd percentile

0.97x

Higher debt load relative to revenue than 83% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

5th percentile

-74%

Higher net margin than 5% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

97th percentile

$755,901

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

2nd percentile

-36%

Faster asset growth than 2% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

100th percentile

2321%

Faster revenue growth than 100% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$191,700

Down $109,976 (-36%) from 2021

Net Assets

Down

-$8,371,103

Down $6,556,565 (-361%) from 2021

Liabilities

Up

$8,562,803

Up $6,446,589 (+305%) from 2021

Revenue

Up

$8,832,900

Up $8,467,987 (+2321%) from 2021

Expenses

Up

$15,387,565

Up $13,268,369 (+626%) from 2021

Net Income

Down

-$6,554,665

Down $4,800,382 (-274%) from 2021

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

2022

Assets$191,700
Liabilities$8,562,803
Net Assets-$8,371,103

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

2022

Revenue$8,832,900
Expenses$15,387,565
Net Income-$6,554,665
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Aug 15, 2023
Return Version
2021v4.2
Gross Receipts
$9,049,044
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$82,901$93,126▲ $10,225
Pledges and Grants Receivable-$85,856-
Accounts Receivable$2,850$12,718▲ $9,868
Other Assets Total$215,925$0▼ $215,925
Total Assets$301,676$191,700▼ $109,976
Liabilities
Other Liabilities$2,116,214$6,445,457▲ $4,329,243
Accounts Payable and Accrued Expenses-$2,064,230-
Deferred Revenue-$53,116-
Total Liabilities$2,116,214$8,562,803▲ $6,446,589
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,814,538$-8,371,103▼ $6,556,565
Total Net Assets Fund Balance$-1,814,538$-8,371,103▼ $6,556,565
Total Liabilities and Net Assets / Fund Balance$301,676$191,700▼ $109,976
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$8,471,917
Program Service Revenue
$207,847
Investment Income
$40
Other Revenue
$153,096
All Other Contributions
$59,242
Change in Net Assets
$-6,554,665

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
Securities Publicly Traded1$26,265Fair Market Value (FMV)
Total Noncash Contributions1$26,265-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,389,476
Other Expenses$6,868,876
Total Fundraising Expense$625,476
Grants and Similar Amounts Paid$129,213
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$39,096$4,646,933$357,863$5,043,892
Information Technology-$1,427,848$8,355$1,436,203
Current Officers, Directors, Trustees, and Key Employees-$1,187,307-$1,187,307
Fees for Services Other$8$1,123,799$63,433$1,187,240
Office Expenses$139$1,111,631$35,784$1,147,554
Other Employee Benefits$5,357$766,470$49,028$820,855
Payroll Taxes$5,279$756,038$48,312$809,629
Fees for Services Accounting-$707,230-$707,230
Occupancy-$657,419$9,417$666,836
Pension Plan Contributions$2,659$500,799$24,335$527,793
All Other Expenses$15$434,845$494$435,354
Fees for Services Legal$56,016$171,916$2,862$230,794
Grants to Domestic Individuals$129,213--$129,213
Other Expenses-$128,530-$128,530
Travel-$90,597$16,513$107,110
Fees for Services Management-$52,313-$52,313
Insurance$1,015-$9,080$10,095
Conferences and Meetings-$129-$129
Interest-$7-$7
Total Functional Expenses$238,797$14,523,292$625,476$15,387,565
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$216,144
Fundraising Gross Income$216,144
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$685,028$216,144$176,144$40,000
Total Events$685,028$216,144$216,144$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
Self-insurance Reserve$4,200,000
Accrued Lease Termination Cost$2,116,214
Due to Affiliates$129,243
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

All of the officers, key employees and top 5 highest paid employees reported on the fedcap group form 990 receive their w-2s from a related organization, fedcap rehabilitation services, inc. Even though those individuals may provide services to various different entities within the fedcap universe of entities. Beginning in fiscal year 2022, fedcap rehabilitation services, inc. Reimbursed fedcap group for salary costs associated with services rendered by fedcap rehabilitation services employees to fedcap group, inc.; accordingly form 990, part ix includes fedcap group's direct allocation of compensation costs on lines 5, 7, 8, 9 & 10. All compensation decisions with respect to fedcap rehabilitation services, inc's officers and key employees are made by that 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
2023-08-15
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

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 340,000+ 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/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
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
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IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0468884
IRS990/FundraisingDirectExpensesAmt0216144
IRS990/FundraisingGrossIncomeAmt0216144
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0129213
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0129213
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0129213
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt09049044
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt08355
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01427848
IRS990/InformationTechnologyGrp/TotalAmt01436203
IRS990/InsuranceGrp/FundraisingAmt09080
IRS990/InsuranceGrp/ProgramServicesAmt01015
IRS990/InsuranceGrp/TotalAmt010095
IRS990/InterestGrp/ManagementAndGeneralAmt07
IRS990/InterestGrp/TotalAmt07
IRS990/InvestmentIncomeGrp/ExclusionAmt040
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt040
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-1814538
IRS990/NetAssetsOrFundBalancesEOYAmt0-8371103
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1900
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1814538
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-8371103
IRS990/NoncashContributionsAmt026265
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt09417
IRS990/OccupancyGrp/ManagementAndGeneralAmt0657419
IRS990/OccupancyGrp/TotalAmt0666836
IRS990/OfficeExpensesGrp/FundraisingAmt035784
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01111631
IRS990/OfficeExpensesGrp/ProgramServicesAmt0139
IRS990/OfficeExpensesGrp/TotalAmt01147554
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0215925
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt049028
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0766470
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05357
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0820855
IRS990/OtherExpensesGrp/Desc0PROF. DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1BANK FEES
IRS990/OtherExpensesGrp/Desc2MAINTENANCE EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0582094
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1177387
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2128530
IRS990/OtherExpensesGrp/TotalAmt0582094
IRS990/OtherExpensesGrp/TotalAmt1177387
IRS990/OtherExpensesGrp/TotalAmt2128530
IRS990/OtherLiabilitiesGrp/BOYAmt02116214
IRS990/OtherLiabilitiesGrp/EOYAmt06445457
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0153096
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0153096
IRS990/OtherRevenueTotalAmt0153096
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0357863
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04646933
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt039096
IRS990/OtherSalariesAndWagesGrp/TotalAmt05043892
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt048312
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0756038
IRS990/PayrollTaxesGrp/ProgramServicesAmt05279
IRS990/PayrollTaxesGrp/TotalAmt0809629
IRS990/PensionPlanContributionsGrp/FundraisingAmt024335
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0500799
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02659
IRS990/PensionPlanContributionsGrp/TotalAmt0527793
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt085856
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt082901
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt093126
IRS990/PrincipalOfficerNm0CHRISTINE MCMAHON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624310
IRS990/ProgramServiceRevenueGrp/Desc0REHAB AND VOCATIONAL PROGRAMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0207847
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0207847
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0426558
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02119196
IRS990/PYOtherRevenueAmt0-61645
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-1754283
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02119196
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0364913
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd00
IRS990/ReconcilationRevenueExpnssAmt0-6554665
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RelatedOrganizationsAmt07943791
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0207847
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS REVENUE - 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 153,096. GROSS INCOME FROM FUNDRAISING - 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 216,144.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt08471917
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0426558
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt08898475
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt040
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt040
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0207847
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0207847
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt040
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt040
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0369240
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0369240
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt09106322
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt08679764
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0426558
IRS990ScheduleA/Total509Grp/TotalAmt09106322
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt09049044
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0426558
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09475602
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/OtherLiabilitiesOrgGrp/Amt04200000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12116214
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2129243
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SELF-INSURANCE RESERVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED LEASE TERMINATION COST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO AFFILIATES
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/TotalLiabilityAmt06445457
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0468884
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0468884
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0216144
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0685028
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0685028
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0216144
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0216144
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0176144
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0176144
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt040000
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt040000
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt064803
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt164410
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0RESERVIST STIPEND
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1NEEDS ASSISTANCE (METRO-CARDS)
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt08
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt1325
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FEDCAP GROUP IS COMMITTED TO EFFECTING LONG-TERM, SUSTAINABLE CHANGE AMONG THE POPULATIONS AND COMMUNITIES WE SERVE. OUR PROGRAMS AND OPERATIONS BRING EDUCATION AND THE POWER OF WORK TO INDIVIDUALS & FAMILIES IN NEED. INDIVIDUAL GRANTS DO NOT REQUIRE CONTINUED MONITORING AS THE ORGANIZATION ONLY PROVIDES ASSISTANCE TO THOSE INDIVIDUALS WHO HAVE DEMONSTRATED A NEED (EITHER PUBLIC ASSISTANCE, EDUCATIONAL STIPENDS OR SOME OTHER FORM OF CARE). NO GIFTED FUNDS MAY BE USED FOR NON-ESSENTIAL PURPOSES AND MAY NOT BE SPENT ON DISCRETIONARY ITEMS THAT DO NOT SUPPORT AN INDIVIDUAL'S HEALTH AND WELFARE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00

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