Chaptops Inc

Nonprofit profile at a glance

EIN
882416363
IRS 990-EZ coverage
2022–2023
Forms available
Form 990 2021, Form 990-EZ 2023
Location
Fuquay Varina, NC, USA
Phone
9192722724
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
International Development

Reported finances

Revenue
$11,680
Expenses
$13,320
Assets
$11,251
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Rex A Dwyer (Executive Director, Chair of Board)

People named in this filing

  • Rex A Dwyer (Executive Director, Chair of Board)
  • Byron Cap (Program Director, Board Member)
  • Fredy Oxom (Board Member)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Chaptops promotes computer literacy and general education in the Republic of Guatemala by providing computers and training in computer literacy.

What it reported doing in 2023

Development of Chaptops Tactic Tech Center: 1) Implementation of economical laptop rental program for local students, reaching approximately 70 students per month. 2) Implementation of informal computer skills and English classes for local children and youth reaching around fifty. 3) Presentation of week-long course on Raspberry Pi single-board computer.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

REVIEW - The filed numbers largely add up and revenue 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: 0
  • Transparency & Controls: 82
  • Sustainability: 40
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -14%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.84; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 34% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 45.1% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 29/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.