L โ€” Housing & ShelterEIN: 581888268ยท Ruling Year: 1990

Capitol Area Developments Inc

Raleigh, North Carolina

B+Health Score
67B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$4.6M
Total Revenue
๐Ÿ“Š
$3.6M
Total Expenses
๐Ÿฆ
$23.5M
Net Assets
๐Ÿ“‹
$4.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+22.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.61
Net assets divided by total expenses
Liabilities-to-Assets
16.7%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$4,613,273โ†‘3%$3,563,198โ†‘8%$28,256,102โ†‘2%
2022$4,490,893$3,302,774โ†‘5%$27,712,082
2021$4,473,127โ†“3%$3,152,218โ†“9%$27,771,934โ†‘1%
2020$4,604,663โ†‘2%$3,446,162โ†‘3%$27,544,848โ†‘1%
2019$4,525,945โ†‘3%$3,330,989โ†“1%$27,406,617โ†‘1%
2018$4,381,640โ†“44%$3,369,843โ†‘9%$27,082,693โ†‘1%
2017$7,846,978โ†‘139%$3,105,842โ†‘16%$26,826,159โ†‘30%
2016$3,284,022โ†‘32%$2,678,707โ†‘29%$20,665,258
2015$2,487,872โ†“14%$2,069,729โ†‘16%$20,632,613โ†‘37%
2014$2,891,758โ†‘1%$1,779,633โ†‘11%$15,059,846โ†‘26%
2013$2,872,882โ†“8%$1,604,783โ†“11%$11,944,265โ†‘3%
2012$3,132,514$1,808,569$11,625,144

Frequently Asked Questions

What does Capitol Area Developments Inc do?โ–ผ

Capitol Area Developments Inc is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Capitol Area Developments Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Capitol Area Developments Inc has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Capitol Area Developments Inc generate?โ–ผ

Capitol Area Developments Inc reports $5.4M in annual revenue and holds $31.9M in total assets, based on IRS filings.

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Capitol Area Developments Inc โ€” Raleigh, NC | GiveScope