Cap & Gown Project is a 501(c)(3) organization based in Huntsville, Alabama, registered in 2016, with $159,392 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$159K
▲ 18.2% vs prior year
Education median: $200K
Expenses (FY2024)
$165K
Net assets
$538K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Cap & Gown Project— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cap & Gown Project: 39 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Cap & Gown Project— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cap & Gown Project: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $218K (FY2017) to $159K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-3.7%
Spent more than it raised in the latest fiscal year.
Total assets
$538K
Total liabilities
$936
Net assets
$538K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $159,392▲18.2% | $165,311▲16.1% | $537,554▲5.2% | $538,490▲5.2% | 990 |
| 2023 | $134,884▼16.0% | $142,422▲22.3% | $510,809▲9.3% | $511,750▲9.3% | 990 |
| 2022 | $160,582▲76.8% | $116,409▲41.7% | $467,326▼9.0% | $468,276▼9.0% | 990 |
| 2021 | $90,822▼42.8% | $82,174▼30.8% | $513,785▲7.6% | $514,528▲7.6% | 990 |
| 2020 | $158,721▲141% | $118,721▼7.3% | $477,674▲13.0% | $478,376▲12.4% | 990 |
| 2019 | $65,941▼65.3% | $128,051▲10.7% | $422,811▼3.3% | $425,762▼2.7% | 990 |
| 2018 | $190,064▼12.9% | $115,631▲16.2% | $437,124▲11.3% | $437,704▲11.4% | 990 |
| 2017 | $218,171 | $99,524 | $392,729 | $392,968 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
10 grants to Cap & Gown Project totaling $200K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2024 | $7,050 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $30,000 |
| Charities Aid Foundation America | Charitable donation | 2023 | $15,000 |
| Charities Aid Foundation America | Charitable donation | 2022 | $15,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $30,300 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $30,300 |
| Charities Aid Foundation America | Charitable donation | 2021 | $15,000 |
| Network For Good Inc | Unrestricted | 2021 | $6,794 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $25,300 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $25,500 |
Explore more
Data for Cap & Gown Project (EIN 81-0829915) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.