Capital Innovation Lab Inc

Nonprofit profile at a glance

EIN
822514581
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Jericho, VT, USA
Phone
8023730340
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Research Institutes and Public Policy Analysis

Official website

Reported finances

Revenue
$140,351
Expenses
$157,964
Assets
$11,418
Liabilities
$6,178

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • NICOLAS GUNKEL (DIRECTOR)
  • JANICE SHADE (EXEC DIR/AUTHORIZED TAX OF)
  • STEPHEN FILLER (CHAIR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Education and research

What it reported doing in 2024

Money map educationa. Services provided: final development of the money map open access program for women/bipoc/rural/social entrepreneurs and others marginalized by traditional capital systems, and delivery of educational programs to three cohorts of women entrepreneurs in Vermont.b. Number of persons benefitted: 30+ women entrepreneurs in Vermont received direct money map training, in partnership with Vermont women's fund and center for women and enterprise. The money map open access materials are available to the public with the potential to reach thousands of entrepreneurs across the U.S.c. Other relevant information: following the successful launch of the money map's open access web-based curriculum and resources in 2024, we will explore partnership with a mission-aligned organization to distribute the money map to entrepreneurs and entrepreneur support organizations across the u.s..

Operating model

Revenue model
Donor-supported. 86% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 47
  • Transparency & Controls: 100
  • Sustainability: 10
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.6%; rating input score 49
  • Program expense ratio: 43.2%; rating input score 43

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -12.5%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0.54; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 49.9%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 13.8% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 2.7% per year; rating input score 100; 35th percentile among comparable filings
  • Asset growth: -2.4% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 48.6% of revenue deployed · 43.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $68K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 43/100.
  • High — Sustainability: Operating margin scored 13/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.