Capitol School Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO PROMOTE AND SUPPORT EDUCATION
- Income
- $224,600
- Spending
- $90,627
- Spent on programs
- 97%
- Reserves
- 42.3 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 4
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
Strong: 100 out of 100. Higher than 82% of charities in its peer group (education, under $250k).
Reserves
35 of 35Spendable reserves would cover 42.3 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 60% of income.
Income trend
15 of 15Income rose 0% on the year before.
Spending floor
15 of 1597% 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
Weak: 41 out of 100. Higher than 17% of charities in its peer group (education, under $250k).
Independent board
18 of 254 of 4 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no 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.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, 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 (3)
- $53,533 spent. THESE FUNDS WERE PROVIDED TO THE CAPITOL SCHOOL FOR THE PURPOSE OF RE-SHINGLING THE ROOF OF THE SCHOOL BUILDING. THIS MEETS THE ORGANIZATIONAL GOAL OF PROMOTING EDUCATION AND ACADEMICS BY MAINTAINING THE FACILITIES NEEDED TO CONDUCT K-12 CLASSES IN A SAFE AND CLEAN ENVIRONMENT.
- $26,675 spent. HIGHER EDUCATION SCHOLARSHIPS WERE AWARDED TO FIVE STUDENTS AT VARIOUS UNIVERSITIES AND COMMUNITY COLLEGES IN THE WEST ALABAMA AREA. THE SCHOLARSHIPS ARE THE CORE OF THE FOUNDATIONS MISSION TO PROMOTE EDUCATION AND ACADEMIC ACHIEVEMENT.
- $7,958 spent. VARIOUS CONTRIBUTIONS MADE TO LOCAL NONPROFITS THAT FOCUS ON CHILDRENS DEVELOPMENT, INCLUDING EDUCATION, THE ARTS, CLOTHING AND BASIC NEEDS. PROVIDING SUPPORT TO THESE COMMUNITY ORGANIZATIONS HELPS SUPPORT THE GOAL OF PROMOTING EDUCATION BY INCREASING THE QUALITY OF LIFE AND ABILITY TO ADJUST TO NEW CHALLENGES FOR THE CHILDREN.
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
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 December 2024.
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 August 1998.
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.