Form 990 for tax year 2023
Filed by THE COLLEGE ASSISTANCE PROGRAM (CAP) OF MIAMI-DADE COUNTY INC.
Totals
- Total revenue
- $361,245
- Total expenses
- $997,473
- Contributions and grants received
- $175,970
- Grants paid
- $929,125
- Program service revenue
- $0
- Investment income
- $185,275
- Other revenue
- $0
- Total assets, end of year
- $5,044,900
- Total liabilities, end of year
- $2,000
- Net assets or fund balances, end of year
- $5,042,900
- Program services expenses (Part IX)
- $929,125
- Management and general expenses
- $68,348
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $929,125
Program services were 93.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$175,970
-
3 · Investment income
total $118,635 · excluded $118,635
-
7a · Gross sales of assets other than inventory
securities $66,640
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $66,640
-
7d · Net gain or loss
total $66,640 · excluded $66,640
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $929,125 · program services $929,125
-
11a · Fees: management
total $47,103 · management and general $47,103
-
11c · Fees: accounting
total $2,000 · management and general $2,000
-
11f · Fees: investment management
total $18,954 · management and general $18,954
-
11g · Fees: other
total $291 · management and general $291
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $10,638 · end of year $12,251
-
11 · Investments: publicly traded securities
beginning of year $5,325,492 · end of year $5,032,649
-
17 · Accounts payable and accrued expenses
end of year $2,000
-
27 · Net assets without donor restrictions
beginning of year $5,336,130 · end of year $5,042,900
Mission and programs · 2023
Mission
TO ASSIST THE DIVERSE, MULTICULTURAL AND ECONOMICALLY DISADVANTAGED MIAMI-DADE COUNTY PUBLIC HIGH SCHOOL GRADUATES WHO HAVE EXHAUSTED ALL AVAILABLE MEANS OF FINANCIAL ASSISTANCE BY PROVIDING SCHOLARSHIP GRANTS THAT WILL ALLOW THEM TO ATTEND THE COLLEGE OF THEIR CHOICE.
Activities or mission (Part I)
TO ASSIST MIAMI-DADE COUNTY PUBLIC SCHOOL STUDENTS WHO HAVE EXHAUSTED ALL AVENUES OF FINANCIAL
-
THE COLLEGE ASSISTANCE PROGRAM, INC. IS A NONPROFIT ORGANIZATION WHICH OPERATES WITH FULL COOPERATION OF MIAMI-DADE COUNTY PUBLIC SCHOOLS AND THE MIAMI FOUNDATION, FORMERLY DADE COMMUNITY FOUNDATION. THE PROGRAM PROVIDES LAST DOLLAR SCHOLARSHIP GRANTS TO MIAMI-DADE COUNTY PUBLIC SCHOOL GRADUATES.
Expenses $929,125 · Grants $929,125
As filed on the 2023 return.
Listed in Part VII
-
Alan AlvarezALAN ALVAREZ
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
John R Anzivino CPAJOHN R ANZIVINO CPA
TREASURER AND SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
G Holmes BraddockG HOLMES BRADDOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deborah MontillaDEBORAH MONTILLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert WeintraubROBERT WEINTRAUB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sharon KrantzSHARON KRANTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joan Casanova GonzalezJOAN CASANOVA GONZALEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ana CollsANA COLLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca Fishman LipseyREBECCA FISHMAN LIPSEY
PRESIDENT & CEO
- Total calculated
- $428,234
- From this org
- $0
- From related orgs
- $392,613
- Other
- $35,621
- Hours/week
- 1 + 49 related
Schedule J breakdown matched by us
- Base
- $0 + $327,613 related
- Bonus
- $0 + $65,000 related
- Other
- $0
- Deferred
- $0 + $16,642 related
- Nontaxable benefits
- $0 + $18,979 related
- Filer's total
- $0 + $428,234 related
-
Toby DouthwrightTOBY DOUTHWRIGHT
VP FOR FINANCE & CFO
- Total calculated
- $202,445
- From this org
- $0
- From related orgs
- $181,974
- Other
- $20,471
- Hours/week
- 1 + 49 related
Schedule J breakdown matched by us
- Base
- $0 + $178,474 related
- Bonus
- $0 + $3,500 related
- Other
- $0
- Deferred
- $0 + $9,163 related
- Nontaxable benefits
- $0 + $11,308 related
- Filer's total
- $0 + $202,445 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · FOUNDATION · FL
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 23 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202530569349300523
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