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Passes our checks

Capital City Fund for Education Inc

EIN 20-5188778 · Austin, TX

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceFair59 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

To enable and enrich disadvantaged children and youth in transition in central Texas to continue their educational experience.

Income
$626,638
Spending
$509,734
Spent on programs
93%
Reserves
18.4 months of spending
Largest source of income
donations and private grants, 100%
Employees
0
Volunteers
10

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 85 out of 100. Higher than 59% of charities in its peer group (education, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 18.4 months of spending.

  • Debt

    20 of 20

    It owes 11% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 19% of income.

  • Income trend

    0 of 15

    Income fell 27% on the year before.

  • Spending floor

    15 of 15

    93% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 59 out of 100. Higher than 32% of charities in its peer group (education, $250k to $1m).

  • Independent board

    25 of 25

    4 of 6 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $192,315 spent. School of Social Work Social Services Program is designed to help students respond to more serious matters like handling grief, abuse, or other mental, social, or health issues. Overseen by our full time Licensed MSSW, Kate Amerson, and implemented as a joint venture with the University of Texas School of Social Work, this program provides direct counseling and social services to our kids by placing UT Graduate students at several different AISD campuses. Kate Amerson spearheads this program with 23 years of experience. She was named Texas Field Instructor of the Year in 2000 and was recognized for her exemplary field instruction for the School of Social Work and proving herself a strong educator and leader who consistently prioritized student learning and coordinated social work services across campuses in AISD.
  2. $134,741 spent. Cap City Kids 2024 Charity Golf Tournament - allows for an afternoon of golf at the award winning Fazio Canyons Golf Course at the Omni Barton Creek Resort in Austin, Texas. An afternoon of friendly competition, networking opportunities, lunch, dinner at the beautiful Rockhouse, prizes and more to help us raise funds and awareness of our youth driven programs at CapCityKids.
  3. $72,689 spent. MSR Unaccompanied Youth Program. The Unaccompanied Youth Program aims to identify these students that migrate from home to home between the ages of 12 and 18 and provide them with gift cards so that they may purchase themselves a gift for the Holidays. It is important that even they know that there is someone out there who is thinking of them.
  4. $54,394 spent. Empowerment Academy is a back to school event designed to assemble the key providers supporting our students and help prepare them for the new school year. Unlike any other, this event is targeted to homeless students and their families. In a fair-like environment with fun activities for the kids, we provide families access to representatives from organizations like Workforce Solutions, Goodwill Industries, Region 13 Homeless Services, Mis Cuentas, Foundation Communities, and the YMCA. Sharing knowledge on subjects such as college readiness and financial aid support to job training, and coordinating school supplies, haircuts and other back to school basics has made a very successful event that has become attended by hundreds of people each year.
  5. $19,957 spent. Bastrop ISD Winter Blast to provide clothng and other items for children in Bastrop ISD, along with sponsorship of food and other costs for the event.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2010 for not filing returns for three years, and reinstated on July 15, 2011.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2012.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.