Overview
What is Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc?
Houston's Capital Investing in Development and Employment of Adults Inc, commonly known as Capital Idea Houston, is a nonprofit organization based in Houston, Texas. Their primary mission is to empower economically disadvantaged adults and those facing multiple barriers to employment. They achieve this by offering educational programs, training, and support in collaboration with higher education institutions and government agencies. The organization provides various assistance such as coordinating childcare, transportation, and financial aid, including books, tuition, and tutoring. They also offer advice on work-life balance and soft skills development. Capital Idea Houston helps graduates secure jobs paying a living wage and pursue career paths with family support, benefits, and opportunities for professional advancement. During the fiscal year ended on September 30, 2022, they assisted 533 individuals. The organization employs 19 individuals.
Official website here: www.capitalideahouston.org
What are the reviews and ratings of this charity?
90% rating from Charity Navigator indicates that Capital Investing In Development And Employment Of Adults Inc is performing effectively in terms of accountability and finance, earning a Four-Star out of Four Star rating. The score reflects a strong emphasis on independent governance, with a fully independent board and robust financial oversight.
The organization has notable strengths, including no material diversion of assets and a high program expense ratio of 84.43%, which shows that the majority of its funds are directed towards its mission. Additionally, the absence of liabilities and a favorable working capital ratio highlight its financial health.
However, there are some limitations in its policies, specifically the absence of a whistleblower policy and a document retention policy, which could potentially hinder transparency and accountability. Furthermore, the fundraising efficiency ratio is low, indicating that fundraising efforts may not be as effective as they could be. Overall, while the organization excels in many areas, addressing these policy gaps could enhance its operations further.
This AI summary has been generated from information found on Charity Navigator.
Is Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc legitimate?
Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $92,575
Professional Fundraising Fees: $0
Other Salaries and Wages: $728,962
For more financial information, click here
Official website here: www.capitalideahouston.org
What is the mission statement of Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc?
Houston's Capital Investing in Development and Employment of Adults Inc aims to invest in working adults by providing educational pathways, transitioning them from low-wage to living-wage careers. The organization offers education, training, and support to economically disadvantaged individuals and those facing multiple employment barriers. Capital Idea Houston collaborates with higher education schools and government agencies to provide meaningful adult education. They assist with coordinating child care, transportation, financial aid, and soft skills training. The organization helps graduates secure jobs paying a living wage and pursue career paths that can support a family, offer benefits, and provide opportunities for professional advancement. During the fiscal year ended 9/30/2022, Capital Idea Houston assisted 533 individuals.
Official website here: www.capitalideahouston.org
Who is the CEO of Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc?
Michelle Paul is the President of Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc. The CEO's salary of Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc is $0 and their total compensation is $0.
Official website here: www.capitalideahouston.org
What is the revenue of Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc?
Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc's revenue in 2022 was $2,336,427.
Official website here: www.capitalideahouston.org
Who are the executives of Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc and what are their salaries?
The average compensation at Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc during 2022 was $43,239. There are 19 employees and 50 volunteers at Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc.
Here are 14 key members and their salaries (Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $92,575
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Official website here: www.capitalideahouston.org
Where can I find the form 990 for Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc?
Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.capitalideahouston.org
Learn more at the official website: www.capitalideahouston.org
Mission Statement of Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc
Houston's Capital Investing in Development and Employment of Adults Inc, often referred to as Capital Idea Houston, is dedicated to investing in the future of working adults. Their mission is to provide educational pathways, enabling individuals who are economically disadvantaged or face multiple barriers to employment to transition from low-wage jobs to living-wage careers. The organization achieves this by collaborating with higher education institutions and government agencies to offer meaningful adult education.
Capital Idea Houston offers a wide range of support services to help individuals overcome obstacles to employment. This includes coordinating child care, transportation assistance, financial aid, such as books, tuition, and tutoring, advice on maintaining a work-school-life balance, and developing essential soft skills. The organization also assists graduates in securing jobs that pay a living wage and pursuing career paths that can support a family, provide benefits, and offer opportunities for professional advancement. During the fiscal year ending on September 30, 2022, Capital Idea Houston successfully aided 533 individuals in their journey towards better employment opportunities.
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Impact
July, 2024
Houston's Capital Investing In Development And Employment Of Adults Inc's impact is significant in empowering working adults by providing educational pathways from low-wage to living-wage careers. The organization plays a crucial role in assisting economically disadvantaged individuals or those facing multiple barriers to employment. By collaborating with higher education institutions and government agencies, Capital Idea Houston facilitates access to adult education, training, and essential support services such as child care, transportation assistance, financial aid, and advice on work-life balance and soft skills development.
Through their efforts, Capital Idea Houston has helped numerous individuals in obtaining jobs that pay a living wage and in pursuing career paths that provide stability for their families, benefits, and opportunities for professional growth. In the fiscal year ended 9/30/2022, the organization assisted 533 individuals in their journey towards sustainable employment and economic stability. Their commitment to supporting working adults in Houston contributes to the overall development and empowerment of the community, ultimately enhancing employment prospects and economic well-being.
This information is meant to be a general summary of Houston's Capital Investing In Develop- Ment And Employment Of Adults Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $2,336,427
Assets and Liabilities:
- Total Assets: $1,072,424
- Total Liabilities: $70,229
- Net Assets: $1,002,195
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Organization Details
Founding Year
2014
Phone
(832) 280-5345Principal Officer
Michelle Paul
Main Address
2101 CRAWFORD STREET 211, HOUSTON, TX, 77002
Website
www.capitalideahouston.orgNTEE Category
Code: J22 - Employment
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