Five Cap Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE AGENCY WAS CREATED UNDER TITLE II OF THE ECONOMIC OPPORTUNITY ACT OF 1964, AS AMENDED. THE AGENCY'S PROGRAMS WERE CREATED TO FOCUS ALL AVAILABLE STATE, FEDERAL, AND PRIVATE RESOURCES TOWARD ENABLING LOW-INCOME FAMILIES AND LOW-INCOME INDIVIDUALS OF ALL AGES IN RURAL AREAS TO ATTAIN AND SECURE THE OPPORTUNITIES NEEDED FOR THEM TO BE SELF-SUFFICIENT.
- Income
- $5.4 million
- Spending
- $5.5 million
- Spent on programs
- 85%
- Reserves
- 1.2 months of spending
- Largest source of income
- government grants, 97%
- Employees
- 91
- Volunteers
- 300
- Highest pay
- $237,986, executive director
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 58 out of 100. Higher than 28% of charities in its peer group (human services, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 1.2 months of spending.
Debt
10 of 20It owes 47% of what it owns.
Living within its means
8 of 15Spending exceeded income by 1% of income.
Income trend
15 of 15Income rose 9% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (human services, $1m to $10m).
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2025, 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 (4)
- $3.6 million spent. PROVIDED HEAD START AND EARLY HEAD START SERVICES IN LAKE COUNTY, MANISTEE COUNTY, MASON COUNTY AND NEWAYGO COUNTY. THE OBJECTIVES OF THE PROGRAMS ARE TO PROMOTE THE SCHOOL READINESS OF LOW-INCOME PRESCHOOL CHILDREN (AGES 3 TO 5) BY ENHANCING THEIR COGNITIVE, SOCIAL, AND EMOTIONAL DEVELOPMENT IN LEARNING ENVIRONMENTS THAT SUPPORT THEIR GROWTH IN LANGUAGE, LITERACY, MATHEMATICS, SCIENCE, SOCIAL AND EMOTIONAL FUNCTIONING, CREATIVE ART, PHYSICAL SKILLS, AND APPROACHES TO LEARNING. PARENTS ALSO RECEIVE SOCIAL SERVICES AND PARTICIPATE IN VARIOUS DECISION-MAKING PROCESSES RELATED TO THE OPERATION OF THE PROGRAM. (EXPENSES $ 97,808 INCLUDING GRANTS OF $ 0)(REVENUE $ 111,569) OTHER MISCELLANEOUS SERVICE PROGRAMS
- $700,026 spent. ADMINISTERED SUPPLEMENTAL FOOD AND EMERGENCY FOOD PROGRAMS TO QUALIFYING SENIORS AND FAMILIES WITH CHILDREN WHO MEET INCOME AND OTHER GUIDELINES OF THE RESPECTIVE GRANT AGENCIES. THE OBJECTIVE OF THE EMERGENCY FOOD ASSISTANCE PROGRAM (TEFAP) CLUSTER IS TO PROVIDE U.S. DEPARTMENT OF AGRICULTURE (USDA)-DONATED COMMODITIES TO LOW-INCOME HOUSEHOLDS FOR HOME CONSUMPTION, AND TO PROVIDE HOT MEALS PREPARED FROM USDA-DONATED COMMODITIES TO NEEDY PERSONS IN CONGREGATE SETTINGS.
- $257,410 spent. COMMUNITY SUPPLEMENTAL FOOD PROGRAM. (EXPENSES $ 97,808 INCLUDING GRANTS OF $ 0)(REVENUE $ 111,569) OTHER MISCELLANEOUS SERVICE PROGRAMS
- $97,808 spent. OTHER MISCELLANEOUS SERVICE PROGRAMS
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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 October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1966.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 November 4, 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.