Operating record

Cape Abilities Inc

Hyannis, MA · EIN 04-2453166 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$21,098,655$21,101,288−$2,6334.559%
2021$22,800,170$22,279,556$520,6144.757%
2022$28,379,613$23,426,809$4,952,8046.958%
2023$22,718,458$21,976,265$742,1937.861%

In its most recent public year (2023), this organization brought in $742,193 more than it spent. Its reserves stood at about 7.8 months of spending, up from 4.5 in 2020. Staff pay was 61% of spending. $258,180 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗