Fedcap Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
FEDCAP, INC. MAKES HIGH OUTCOME, LIFE-CHANGING, SUSTAINABLE DIFFERENCES FOR INDIVIDUALS AND FAMILIES TO IMPROVE THEIR ECONOMIC WELL-BEING THROUGH WORK. (SEE SCHEDULE O)
- Income
- $30.2 million
- Spending
- $30.7 million
- Spent on programs
- 79%
- Reserves
- 2.8 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 481
- Volunteers
- 0
- Highest pay
- $891,927, president and ceo
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: 48 out of 100. Higher than 20% of charities in its peer group (employment, $10m to $100m).
Reserves
10 of 35Spendable reserves would cover 2.8 months of spending.
Debt
10 of 20It owes 39% of what it owns.
Living within its means
8 of 15Spending exceeded income by 1% of income.
Income trend
5 of 15Income fell 23% on the year before.
Spending floor
15 of 1579% of spending went to programs and raising each dollar of donations cost 0 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: 93 out of 100. Higher than 34% of charities in its peer group (employment, $10m to $100m).
Independent board
18 of 254 of 4 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 (1)
- $24.2 million spent. FEDCAP, INC. PROVIDES A SUITE OF VOCATIONAL AND DEVELOPMENTAL SERVICES TO A MULTITUDE OF INDIVIDUALS IN NEED. FEDCAP, INC. HAS TESTED A SERIES OF INTERVENTIONS THAT ARE EFFECTIVE IN HELPING EVEN THE MOST CHALLENGED INDIVIDUAL, FIND AND RETAIN MEANINGFUL EMPLOYMENT WITH CAREER LADDERS. FEDCAP, INC. PROVIDES THE FOLLOWING SERVICES: 1. VOCATIONAL ASSESSMENT: OUR CAREER ESSENTIALS EVALUATION HELPS PROVIDE CLEAR EMPLOYMENT GOALS THROUGH THE IDENTIFICATION OF EMPLOYMENT PREFERENCES, INTERESTS, AND APTITUDES. 2. COMPREHENSIVE SERVICE PLAN (CSP): OUR COMPREHENSIVE SERVICE PLAN SETS FORTH THE PARTICIPANT'S STEPS TOWARD EMPLOYMENT, INCLUDING ADDRESSING ANY IDENTIFIED BARRIERS THROUGH COLLABORATIVELY-DEVELOPED, SPECIFIC, MEASURABLE, ACHIEVABLE, AND REALISTIC GOALS. 3. JOB READINESS TRAINING: OUR PROPRIETARY POWER OF POSSIBLE JOB READINESS CURRICULUM PROVIDES TOOLS AND STRATEGIES THAT CONSISTENTLY TRANSFORM OUR PARTICIPANTS' ABILITY TO OBTAIN EMPLOYMENT THROUGH WORKSHOPS INCLUDING RESUME PREPARATION, SELF-ESTEEM BUILDING, JOB SEARCH TECHNIQUES AND RESOURCES, INTERVIEWING TECHNIQUES, AND NETWORKING OPPORTUNITIES. 4. JOB DEVELOPMENT: OUR HIGHLY SKILLED STAFF ENGAGE BUSINESS AND SOURCE JOBS IN HIGH-GROWTH SECTORS, MATCHING THE IDENTIFIED STRENGTHS OF OUR PARTICIPANTS WITH EMPLOYMENT OPPORTUNITIES IN THEIR COMMUNITIES. 5. JOB RETENTION: OUR JOB IS NOT OVER WHEN A PARTICIPANT BECOMES EMPLOYED. WE CONTINUE TO PROVIDE PARTICIPANTS WITH ACCESS TO A FULL RANGE OF TRANSITIONAL SUPPORT SERVICES ONCE EMPLOYED, TO ENSURE NEW OR EXISTING BARRIERS ARE ADDRESSED, INCLUDING RAPID JOB RE-PLACEMENT IF NEEDED. OUR PROGRAMS SERVE THE FOLLOWING POPULATIONS: A. PEOPLE WITH JOB READINESS AND EMPLOYMENT NEEDS B. PEOPLE WITH CRIMINAL JUSTICE INVOLVEMENT C. PEOPLE WITH HOUSING NEEDS D. PEOPLE WITH DEVELOPMENTAL DISABILITIES E. PEOPLE WITH SUBSTANCE ABUSE DISORDERS
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.