Form 990 for tax year 2025
Filed by THE COLLEGE ASSISTANCE PROGRAM (CAP) OF MIAMI-DADE COUNTY INC.
Totals
- Total revenue
- $932,556
- Total expenses
- $6,156,441
- Contributions and grants received
- $536,733
- Grants paid
- $6,111,882
- Program service revenue
- $0
- Investment income
- $395,823
- Other revenue
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $6,111,882
- Management and general expenses
- $44,559
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $6,111,882
Program services were 99.3% 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.
-
1d · Related organizations
$500,000
-
1f · All other contributions, gifts and grants
$36,733
-
3 · Investment income
total $97,418 · excluded $97,418
-
7a · Gross sales of assets other than inventory
securities $298,405
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $298,405
-
7d · Net gain or loss
total $298,405 · excluded $298,405
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,777,399 · program services $5,777,399
-
2 · Grants to domestic individuals
total $334,483 · program services $334,483
-
11a · Fees: management
total $25,385 · management and general $25,385
-
11c · Fees: accounting
total $2,332 · management and general $2,332
-
11f · Fees: investment management
total $9,375 · management and general $9,375
-
11g · Fees: other
total $7,467 · management and general $7,467
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $12,000 · end of year $0
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $5,588,258 · end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $363,815 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $5,236,443 · end of year $0
Mission and programs · 2025
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 OPERATED WITH FULL COOPERATION OF MIAMI-DADE COUNTY PUBLIC SCHOOLS AND THE MIAMI FOUNDATION, FORMERLY DADE COMMUNITY FOUNDATION. THE PROGRAM PROVIDED LAST DOLLAR SCHOLARSHIP GRANTS TO MIAMI-DADE COUNTY PUBLIC SCHOOL GRADUATES. DURING 2025, THE ORGANIZATION TRANSFERRED ALL OF ITS ASSETS TO THE MIAMI FOUNDATION AND SHUT DOWN OPERATIONS.
Expenses $6,111,882 · Grants $6,111,882
As filed on the 2025 return.
Listed in Part VII
-
Alan AlvarezALAN ALVAREZ
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
G Holmes BraddockG HOLMES BRADDOCK
DIRECTOR (THRU 7/24/25)
- Total calculated
- $0
- Hours/week
- 1
-
Ana CollsANA COLLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joan Casanova GonzalezJOAN CASANOVA GONZALEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sharon KrantzSHARON KRANTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deborah MontillaDEBORAH MONTILLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca Fishman LipseyREBECCA FISHMAN LIPSEY
PRESIDENT & CEO
- Total calculated
- $580,040
- From this org
- $0
- From related orgs
- $540,479
- Other
- $39,561
- Hours/week
- 1 + 49 related
Schedule J breakdown matched by us
- Base
- $0 + $439,479 related
- Bonus
- $0 + $101,000 related
- Other
- $0
- Deferred
- $0 + $17,579 related
- Nontaxable benefits
- $0 + $21,982 related
- Filer's total
- $0 + $580,040 related
-
Toby DouthwrightTOBY DOUTHWRIGHT
VP FOR FINANCE & CFO
- Total calculated
- $210,122
- From this org
- $0
- From related orgs
- $188,641
- Other
- $21,481
- Hours/week
- 1 + 49 related
Schedule J breakdown matched by us
- Base
- $0 + $178,641 related
- Bonus
- $0 + $10,000 related
- Other
- $0
- Deferred
- $0 + $9,054 related
- Nontaxable benefits
- $0 + $12,427 related
- Filer's total
- $0 + $210,122 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
None.
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
-
$5,777,399
CONTINUE COLLEGE ASSISTANCE PROGRAM
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) · GRANTMAKING TO SUPPORT THE MIAMI AREA · FL
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
$5,777,399
Liquidation · CASH AND INVESTMENTS · Dec 31, 2025 · 501(C)(3)
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 27 March 2026
- IRS schema version
- 2025v4.0
- Source object
- 202630889349300353
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