Community Action Programs Inter-city In

Nonprofit profile at a glance

EIN
042428915
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Chelsea, MA, USA
Phone
6178846130
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$19,421,012
Expenses
$18,247,448
Assets
$7,057,736
Liabilities
$2,892,243

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

Leadership & pay

19 people listed

Executive titles in this filing

  • LANRE OLUSEKUN (PRESIDENT)
  • RICARDO VELEZ (VICE PRESIDENT)
  • RICHELLE CROMWELL (EXECUTIVE DIRECTOR)

Highest reported compensation

  • RICHELLE CROMWELL (EXECUTIVE DIRECTOR): $189,815 total reported compensation
  • KERRY A WELBY (DIR. OF PLANNING, DEVELOPMENT AND OPERATIONS): $126,596 total reported compensation

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

Overview

Mission

The mission of capic is to identify and address the needs, problems, and concerns of those in poverty and to enable the individually poor to achieve and maintain self-sufficiency.

What it reported doing in 2024

Child and youth services: the capic child development center provides child care for children ages eight weeks to six years whose parents are working or attending school full time. The capic after school program offers a safe, nurturing and educationally appropriate environment for school aged children whose parents are working or attending school full time. Capic provides programming during the summer months when the public schools are not in session. The program is a multicultural educational/recreational program for urban youth between the ages of 5 and 12. The program primarily serves the communities of chelsea and revere. The chelsea / revere family network is a community-based information and resource hub for all families in the community in order to increase knowledge of and accessibility to high-quality early education and care programs and services. Capic's chelsea city-wide special summer camp program provides local area youth with a positive and rewarding summer camp experience. Youth between the ages of 5-13 years old participate in a wide array of activities that develop life skills in a positive, healthy, and fun environment. The summer camp has a positive impact on all youth involved; fostering responsibility and independence. The program also allows parents/guardians to maintain full year employment, confident that their child/children are off the streets and receiving structured care and directions from a team of dedicated staff.

Operating model

Revenue model
Grant-funded. 85% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 60% for direct work, and 40% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 80
  • Accountability: 100
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.6%; rating input score 91
  • Program expense ratio: 96.4%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 0.41; rating input score 36; 36th percentile among comparable filings
  • Officer compensation ratio: 1.7%; rating input score 79; 79th percentile among comparable filings

Growth

  • Program expense growth: 6.3% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: 12.6% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 90.6% of revenue deployed · 96.4% of spending went to programs
  • Governance: 17 of 17 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $17.6M in reported program spending
  • Leadership: top reported pay $190K · 19 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.3M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Sustainability: Total-asset coverage ratio scored 11/100.
  • Review — Sustainability: Operating margin scored 57/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 36/100.