The Fedcap Group Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
- Only 3% of its spending went to programs.
- Raising each dollar of donations cost 200 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
SEE SCHEDULE O
- Income
- $36.3 million
- Spending
- $32.9 million
- Spent on programs
- 3%
- Reserves
- -1.1 months of spending
- Largest source of income
- fees for its services, 89%
- Employees
- 106
- Volunteers
- 0
- Highest pay
- $891,927, president & ceo of fedcap
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 30 out of 100. Higher than 2% of charities in its peer group (employment, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 109% of what it owns.
Living within its means
15 of 15Income exceeded spending by 9% of income.
Income trend
15 of 15Income rose 47% on the year before.
Spending floor
0 of 153% of spending went to programs and raising each dollar of donations cost 200 cents.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 41% of charities in its peer group (employment, $10m to $100m).
Independent board
25 of 255 of 5 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, 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 (2)
- $1.1 million spent. SEE SCHEDULE OSERVING OVER 340,000+ PEOPLE EACH YEAR ACROSS AN INTERNATIONAL FOOTPRINT, THE WORK OF THE FEDCAP GROUP IS STRUCTURED WITHIN FOUR MAJOR AREAS OF PRACTICE AND DELIVERED THROUGH A GROWING NUMBER OF TOP-TIER COMPANIES EACH FOCUSED ON HELPING PEOPLE ACHIEVE LONG TERM ECONOMIC WELLBEING.WORKFORCE DEVELOPMENT TO INCLUDE JOB TRAINING IN HIGH GROWTH SECTORS, JOB PLACEMENT AND POST PLACEMENT SUPPORTS;EDUCATIONAL SERVICES FOR CHILDREN, YOUTH AND ADULTS;HEALTH SERVICES THAT PROMOTE STABLE PARTICIPATION IN THE WORKFORCE;ECONOMIC DEVELOPMENT TARGETED TO HELPING PEOPLE AND COMMUNITIES ACHIEVE ECONOMIC EQUITY.EACH PRACTICE AREA IS OVERSEEN BY A SENIOR VICE PRESIDENT WITH NATIONAL EXPERIENCE AND A DEEP STORE OF KNOWLEDGE IN THEIR AREA OF FOCUS. THE WORK IS DELIVERED THROUGH THE COMPANIES OF THE FEDCAP GROUP, LED BY EXECUTIVE DIRECTORS WITH SIGNIFICANT LOCAL KNOWLEDGE AND EXTENSIVE OPERATIONAL EXPERIENCE. THE COMPANIES ARE SUPPORTED BY A ROBUST CENTRAL TEAM, PROVIDING FINANCIAL, HUMAN RESOURCE, TECHNOLOGICAL AND ENGAGEMENT SUPPORT. THIS MATRIX STRUCTURE ALLOWS THE FEDCAP GROUP TO INTEGRATE ITS WORK ACROSS DIVERSE SYSTEMS AND FUNDING STREAMS FOR GREATER IMPACT.
- SEE SCHEDULE OTHE FEDCAP GROUP COMPRISES A GROWING NUMBER OF TOP-TIER NONPROFIT AGENCIES DEDICATED TO ADVANCING THE ECONOMIC WELL BEING OF PEOPLE WITH BARRIERS. THE FEDCAP GROUP OFFERS A GROWTH PLATFORM FOR AGENCIES TO COLLECTIVELY SHOWCASE THE POWER OF POSSIBLE. CONTINUALLY INNOVATING IN THE AREAS OF EDUCATION, WORKFORCE DEVELOPMENT, HEALTH AND ECONOMIC DEVELOPMENT, THE FEDCAP GROUP PROVIDES SOLUTIONS THAT BREAK DOWN BARRIERS TO SOCIETAL INCLUSION AND FINANCIAL WELL-BEING FOR HUNDREDS OF THOUSANDS OF CHILDREN AND ADULTS EACH YEAR.TO FACILITATE THE OPERATIONS OF THESE DOZENS OF NON-PROFIT AGENCIES IN A COORDINATED, EFFICIENT AND COST-EFFECTIVE MANNER, THE FEDCAP GROUP PROVIDES CORPORATE SERVICES SUCH AS FINANCE, HUMAN RESOURCES, PAYROLL, LEGAL AND INFORMATION TECHNOLOGY SERVICES AT COST. EACH SUBSIDIARY REIMBURSES THE FEDCAP GROUP FOR ITS SHARE OF THESE ADMINISTRATIVE COSTS. FOR 990 PURPOSES, THE REVENUE AND EXPENSES NET-OUT TO ZERO ON THE FEDCAP GROUP FORM 990, BUT THE REVENUE IS BEING REPORTED AS PROGRAM SERVICE REVENUE, WHILE THE EXPENSES ARE BEING RECORDED AS AN ADMINISTRATIVE/MANAGEMENT) OR FUNDRAISING/DEVELOPMENT EXPENSE IN PART IX.
Source: Form 990 for the year ending September 30, 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 September 7, 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 September 30, 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 September 10, 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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 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.