Capital For Kids
- Assets
- $1.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 1
- Location
- Dallas, TX
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 20-4403950
Organization Overview
Capital For Kids is located in Dallas, TX. The organization was established in 2006. According to its NTEE Classification (O19) the organization is classified as: Support N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capital For Kids is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Capital For Kids generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Capital For Kids has awarded 389 individual grants totaling $10,316,693. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE LIVES OF CHILDREN IN NEED IN THE DALLAS/FT. WORTH AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAPITAL FOR KIDS BEGAN AWARDING GRANTS IN THE 2007 TAX YEAR. THROUGH THE 2021 TAX YEAR, GRANT MONEY HAS BEEN DONATED TO OVER 50 DIFFERENT DALLAS/FT. WORTH AREA CHARITABLE ORGANIZATIONS DEDICATED TO IMPROVING THE LIVES OF CHILDREN IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Woods Grant Chair | OfficerTrustee | 0 | $0 |
Brittny Allred Chair | OfficerTrustee | 0 | $0 |
Zach Petrone Sponsor Co-Chair | OfficerTrustee | 0 | $0 |
Eliot Raffkind Treasurer | OfficerTrustee | 0 | $0 |
Tillman Ward Sponsor Co-Chair | OfficerTrustee | 0 | $0 |
Cindy Brown Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,524,575 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,524,575 |
| Total Program Service Revenue | $0 |
| Investment income | $258 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $40,551 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,565,384 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,288,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $58,856 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,606 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,555,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,251,877 |
| Pledges and grants receivable | $33,227 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,285,104 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $1,180,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,180,000 |
| Net assets without donor restrictions | $105,104 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,285,104 |
Grants Awarded
Over the last fiscal year, Capital For Kids has awarded $1,272,500 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: GENERAL PURPOSE | $95,000 |
Dallas, TX PURPOSE: GENERAL PURPOSE | $84,000 |
Dallas, TX PURPOSE: GENERAL PURPOSE | $75,000 |
Dallas, TX PURPOSE: GENERAL PURPOSE | $64,000 |
Dallas, TX PURPOSE: GENERAL PURPOSE | $45,000 |
Dallas, TX PURPOSE: GENERAL PURPOSE | $40,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Capital For Kids has recieved totaling $111,258.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $55,000 |
Dallas Foundation A Tx Nonprofit Corporation Dallas, TX PURPOSE: GENERAL SUPPORT | $20,000 |
Community Foundation Of North Texas Fort Worth, TX PURPOSE: FOR THE ANNUAL CAPITAL CAMPAIGN | $10,000 |
Rl And Mita Dharia Family Foundation Philadelphia, PA PURPOSE: ASSISTING ORGANIZATIONS IN THE DALLAS AREA THAT ENCOURAGE AND PROTECT AT-RISK CHILDREN | $10,000 |
Eulich Family Foundation Inc Dallas, TX PURPOSE: UNRESTRICTED | $6,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $5,240 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Capital For Kids Dallas, TX | $1,285,104 | $1,565,384 |
Childrens Shelter Foundation San Antonio, TX | $18,182,141 | $563,334 |
Day 1 Bags Boerne, TX | $53,285 | $356,509 |
Travis High School Athletic Booster Club Richmond, TX | $190,599 | $263,433 |
Val Verde Junior Livestock Association Del Rio, TX | $85,252 | $0 |
Lifes Purpose Youth Foundation Inc Richmond, TX | $100,687 | $0 |
Be Like Cj Ashdown, AR | $74,554 | $0 |
Four Corners Youth Sports Inc Farmington, NM | $149 | $0 |
Boys And Girls Club Of Vernon Texas Endowment Fund Inc Vernon, TX | $1,898,217 | $24,745 |