Civic Intelligence

Educapital Foundation

EIN 88-0914133 • 501(c)3 • Carteret, NJ

NTEE B82

Profile

To eliminate poverty through education. Educapital foundation provides performance based scholarships to ensure low-income students are equipped for success.

6A Pulaski AvenueCarteret, NJ 07008

edu-capital.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE B82 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

82nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE B82 • <$500k nonprofits • Source year 2022

Net Margin

57th percentile

20%

Higher net margin than 57% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Source year 2022

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE B82 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Balance Sheet
Liabilities / Assets83rd percentile

Assets

$22,019

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$22,019

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue82nd percentileNet Margin57th percentile

Revenue

$107,494

No earlier filing loaded for comparison.

Expenses

$85,475

No earlier filing loaded for comparison.

Net Income

$22,019

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2022: $22,019Liabilities 2022: $0Net Assets 2022: $22,0192022

Highlighted filing

2022

Assets$22,019
Liabilities$0
Net Assets$22,019
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Revenue 2022: $107,494Expenses 2022: $85,475Net Income 2022: $22,0192022

Highlighted filing

2022

Revenue$107,494
Expenses$85,475
Net Income$22,019
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,019
Liabilities
$0
Net assets
$22,019
Revenue
$107,494
Expenses
$85,475
Net income
$22,019
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$1.07$0.85$0.22
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Feb 28, 2022 to Dec 31, 2022
Signed
Mar 20, 2024
Return Version
2022v5.0
Gross Receipts
$107,494
Mission and Program Overview

Mission

To eliminate poverty through education. Educapital foundation provides performance based scholarships to ensure low-income students are equipped for success.

Program Services

DescriptionGrantsExpenses
PERFORMANCE BASED SCHOLARSHIPS ARE DESIGNED TO HELP STUDENTS OVERCOME SOME OF THE FINANCIAL OBSTACLES THEY FACE IN THE POST-SECONDARY EDUCATION SYSTEM. THESE SCHOLARSHIPS AIM TO HELP REDUCE THE FINANCIAL BURDENS ON LOW-INCOME STUDENTS WHILE PROVIDING INCENTIVES FOR GOOD ACADEMIC PROGRESS. STUDENTS ARE GENERALLY PAID AT MULTIPLE POINTS DURING THE SEMESTER CONDITIONAL UPON MEETING CERTAIN PERFORMANCE BENCHMARKS SET BY THE COLLEGE OR EDUCATIONAL INSTITUTION. SCHOLARSHIPS ARE PAID DIRECTLY TO STUDENTS BY THE COLLEGE, EDUCATIONAL INSTITUTION, OR SCHOLARSHIP SPONSOR. STUDENTS HAVE DISCRETION OVER HOW THEY USE THE FUNDS, ALTHOUGH MOST REPORT USING THEM TO HELP WITH A RANGE OF ESSENTIAL EXPENSES SUCH AS BOOKS, CHILD CARE, OR OTHER FINANCIAL OBLIGATIONS THAT MIGHT DISRUPT THEIR STUDIES.$0$84,698
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
AISHA RODRIGUEZExecutive DirectorPT$0--
DR BRENITA MITCHELLCo-Chair-$0--
DR RICK MURPHEECo-Chair-$0--
Filing and Contact Details

Filer

Filer Name
Educapital Foundation
EIN
88-0914133
Phone
3017503551
Address
6A PULASKI AVENUE, CARTERET, NJ 07008

Signing Officer

Name
Aisha Rodriguez
Title
Executive Director
Phone
3017503551
Signed
2024-03-20
Discuss with paid preparer
Yes

Preparer

Firm
Non-profit Accounting Solutions LLC
Address
2360 HIGHWAY 33 SUITE 304, ROBBINSVILLE, NJ 08691
Preparer
Ann Zawartkay
Phone
7329952458
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: advertising and promotion. Amount: 15,434. Description: lodging and travel. Amount: 15,233. Total to form 990-ez, line 16: 30,667.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 1,632.”

Raw XML Appendix137 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AISHA RODRIGUEZ
IRS990EZ/BooksInCareOfDetail/PhoneNum03017503551
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06A PULASKI AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CARTERET
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007008
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt020387
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt022019
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt049491
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt022019
IRS990EZ/GrossReceiptsAmt0107494
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt022019
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt022019
IRS990EZ/OccupancyRentUtltsAndMaintAmt04587
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AISHA RODRIGUEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DR BRENITA MITCHELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DR RICK MURPHEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CO-CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CO-CHAIR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01632
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt030667
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO ELIMINATE POVERTY THROUGH EDUCATION. EDUCAPITAL FOUNDATION PROVIDES PERFORMANCE BASED SCHOLARSHIPS TO ENSURE LOW-INCOME STUDENTS ARE EQUIPPED FOR SUCCESS.
IRS990EZ/PrintingPublicationsPostageAmt0730
IRS990EZ/ProgramServiceRevenueAmt0107494
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PERFORMANCE BASED SCHOLARSHIPS ARE DESIGNED TO HELP STUDENTS OVERCOME SOME OF THE FINANCIAL OBSTACLES THEY FACE IN THE POST-SECONDARY EDUCATION SYSTEM. THESE SCHOLARSHIPS AIM TO HELP REDUCE THE FINANCIAL BURDENS ON LOW-INCOME STUDENTS WHILE PROVIDING INCENTIVES FOR GOOD ACADEMIC PROGRESS. STUDENTS ARE GENERALLY PAID AT MULTIPLE POINTS DURING THE SEMESTER CONDITIONAL UPON MEETING CERTAIN PERFORMANCE BENCHMARKS SET BY THE COLLEGE OR EDUCATIONAL INSTITUTION. SCHOLARSHIPS ARE PAID DIRECTLY TO STUDENTS BY THE COLLEGE, EDUCATIONAL INSTITUTION, OR SCHOLARSHIP SPONSOR. STUDENTS HAVE DISCRETION OVER HOW THEY USE THE FUNDS, ALTHOUGH MOST REPORT USING THEM TO HELP WITH A RANGE OF ESSENTIAL EXPENSES SUCH AS BOOKS, CHILD CARE, OR OTHER FINANCIAL OBLIGATIONS THAT MIGHT DISRUPT THEIR STUDIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt084698
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt085475
IRS990EZ/TotalProgramServiceExpensesAmt084698
IRS990EZ/TotalRevenueAmt0107494
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0EDU-CAPITAL.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION WAS INCORPORATED ON FEBRUARY 28, 2022. THE PERIOD BEING REPORTED FOR 2022 IS A SHORT YEAR FROM INCORPORATION ON FEBRUARY 28, 2022 THROUGH DECEMBER 31, 2022 WHICH IS THE ORGANIZATION'S YEAR END.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 13
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0107494
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt00
IRS990ScheduleA/TotalSupportAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: ADVERTISING AND PROMOTION. AMOUNT: 15,434. DESCRIPTION: LODGING AND TRAVEL. AMOUNT: 15,233. TOTAL TO FORM 990-EZ, LINE 16: 30,667.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,632.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AISHA RODRIGUEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03017503551
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDUCAPITAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0EDUC
ReturnHeader/Filer/EIN0880914133
ReturnHeader/Filer/PhoneNum03017503551
ReturnHeader/Filer/USAddress/AddressLine1Txt06A PULASKI AVENUE
ReturnHeader/Filer/USAddress/CityNm0CARTERET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007008
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0465626838
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NON-PROFIT ACCOUNTING SOLUTIONS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02360 HIGHWAY 33 SUITE 304
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROBBINSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008691
ReturnHeader/PreparerPersonGrp/PhoneNum07329952458
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANN ZAWARTKAY
ReturnHeader/ReturnTs02024-03-20T16:16:48-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0AISHA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RODRIGUEZ
ReturnHeader/TaxPeriodBeginDt02022-02-28
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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