Form 990 for tax year 2024

Totals

Total revenue

$24,721,878

Total expenses

$23,888,605

Contributions and grants received

$23,656,581

Grants paid

$6,283,827

Program service revenue

$948,955

Investment income

$116,342

Other revenue

$0

Total assets, end of year

$14,666,791

Total liabilities, end of year

$4,283,175

Net assets or fund balances, end of year

$10,383,616

Program services expenses (Part IX)

$21,082,799

Management and general expenses

$2,711,184

Fundraising expenses

$94,622

Program service expenses (Part III)

$21,082,799

Program services were 88.3% 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.

Mission and programs · 2024

• EARLY CHILDHOOD AND FAMILY DEVELOPMENT (HEAD START):IN 2024-2025, CAPSTONE'S HEAD START AND EARLY HEAD START PROGRAMS PREPARED 287 YOUNG CHILDREN FOR FUTURE SUCCESS IN SCHOOL AND IN LIFE THROUGH THE OPERATION OF LICENSED CHILD CARE CENTERS, PARTNERSHIPS WITH LOCAL SCHOOLS, AND PROVISION OF SERVICES TO FAMILIES IN THEIR HOMES. CAPSTONE'S WHOLE FAMILY APPROACH PROVIDES A FULL CONTINUUM OF SUPPORT INCLUDING PARENT EDUCATION, PARENT LEADERSHIP OPPORTUNITIES, HEALTH, DENTAL, AND NUTRITION SERVICES, DISABILITY SERVICES, MENTAL HEALTH SERVICES, AS WELL AS RESOURCES AND REFERRALS FOR OTHER NEEDED SOCIAL SERVICES. OUR BROOK STREET HIGH SCHOOL IS A MODEL FAMILY LITERACY PROGRAM FOR TEEN PARENT EDUCATION, HIGH SCHOOL, AND COLLEGE ACHIEVEMENT. BOTH BROOK STREET HIGH SCHOOL AND OUR LEARNING TOGETHER EARLY CHILDHOOD EDUCATION PROGRAMS ARE LOCATED IN BARRE'S HISTORIC BROOKSIDE SCHOOL AND STRIVE TO BREAK THE BARRIERS OF INTERGENERATIONAL POVERTY FOR AT-RISK YOUNG FAMILIES

  Expenses $7,286,119 · Grants $284,215 · Revenue $200,876

• WEATHERIZATION: CAPSTONE'S WEATHERIZATION TEAM IS DEDICATED TO IMPROVING ENERGY EFFCIENCY AND COST SAVINGS FOR LOW-INCOME VERMONTERS. WE CONDUCT HOME ENERGY AUDITS, INSTALLATION OF INSULATION, DRAFT REDUCTION, HEATING SYSTEM EFFICIENCY IMPROVEMENTS, INSTALLATION OF ENERGY EFFICIENT LIGHTING, HOT WATER HEATER REPLACEMENT OR INSULATION, AND MORE. IN ADDITION, THIS PROGRAM OFFERS EMERGENCY HEATING SYSTEM REPLACEMENTS OR REPAIRS TO ENSURE PROPER SAFETY AND FUNCTIONING OF HOME HEATING SYSTEMS. IN 2024-2025, THE WEATHERIZATION PROGRAM SERVICED 448 HOMES, LOWERING AVERAGE HOUSEHOLD ENERGY USE AND CREATING HEALTHIER HOMES WHILE REDUCING CLIMATE IMPACT. OUR 3E THERMAL PROGRAM WORKS WITH OWNERS OF MULTI-UNIT AFFORDABLE HOUSING TO IMPROVE THE ENERGY EFFICIENCY, COMFORT, AND SAFETY OF THOSE OCCUPYING RENTAL UNITS. IN 2024-2025, THE 3E THERMAL PROGRAM SERVICED 424 RENTAL UNITS.

  Expenses $8,662,552 · Grants $3,699,007 · Revenue $557,882

• FAMILY AND COMMUNITY SUPPORT SERVICES (FCSS): PROVIDES CRISIS ASSISTANCE TO PEOPLE IN NEED OF HOUSING, UTILITIES, AND HOME HEATING FUEL. FCSS PROVIDES 24/7 COVERAGE DURING THE WINTER SEASON TO ENSURE A LACK OF FUEL DOES NOT CREATE UNSAFE HOME CONDITIONS FOR LOW-INCOME VERMONTERS. THIS YEAR, WE PROVIDED 840 ADULTS AND 527 CHILDREN WITH FUEL ASSISTANCE IN THE HARSH WINTER SEASON. CAPSTONE'S HOUSING SERVICES SUPPORT VERMONTERS LIVING IN MOTELS, ENCAMPMENTS, OR IN THEIR CARS. ONCE HOUSED, CAPSTONE SERVICES ARE CRITICAL TO KEEPING HOMELESS VERMONTERS IN SAFE TEMPORARY SHELTER OR PERMANENT HOMES. WE FIND HOUSING, VOUCHERS, AND RENTAL ASSISTANCE AND COLLABORATE WITH COMMUNITY PARTNERS TO ENSURE ACCESS TO A WIDE CONTINUUM OF SERVICES. IN 2025, WE HELPED 1,453 MEN, WOMEN AND CHILDREN TO ACCESS OR MAINTAIN HOUSING OR PROVIDED NAVIGATION TO UNHOUSED VERMONTERS.

  Expenses $2,581,864 · Grants $1,487,474 · Revenue $34,333

• COMMUNITY ECONOMIC DEVELOPMENT (CED):OUR FOOD AND NUTRITION PROGRAMS ADDRESS FOOD INSECURITY FOR LOW-INCOME VERMONTERS. WE OPERATE ONE OF THE LARGEST FOOD SHELVES IN THE CENTRAL VERMONT REGION. WE SERVED PREPARED MEALS AND PROVIDED HEALTHY FOOD TO HUNGRY VERMONTERS IN 8,685 VISITS. OUR CHILD CARE FOOD PROGRAM SUPPORTED 129 CHILDCARE PROVIDERS AND 1,097 KIDS RECEIVED NUTRICIOUS MEALS ON A DAILY BASIS. OUR MONEY MANAGEMENT PROGRAMS INCLUDE FINANCIAL COACHING, MICRO BUSINESS COUNSELING, AND TAX ASSISTANCE. CAPSTONE PROVIDES COMPREHENSIVE FINANCIAL COACHING BY HELPING INDIVIDUALS DEVELOP BUDGETS, IMPROVE CREDIT, REDUCE DEBT, AND BUILD SAVINGS. IN 2024-2025, OUR FINANCIAL COACHING PROGRAM HELPED 522 INDIVIDUALS TO IMPROVE THEIR FINANCIAL STABILITY. MICROBUSINESS COUNSELING ASSISTS SELF-EMPLOYED, LOW-INCOME VERMONTERS WITH BUSINESS BASICS AND PLANNING. IN 2024-2025, CAPSTONE COUNSELED 241 ENTREPRENEURS. OUR TAX ASSISTANCE PROGRAM UTILIZED 30 VOLUNTEERS AND HELPED 1,672 LOW-INCOME VERMONTERS FILE THEIR TAXES IN 2025.CAPSTONE'S COMMUNITY KITCHEN ACADEMY (CKA) OFFERS LOW-INCOME VERMONTERS TRAINING FOR A CULINARY CAREER. STUDENTS ATTEND 9-WEEK TRAINING SESSIONS TO LEARN BASIC CULINARY SKILLS, FOOD SERVICE AND SAFETY, AND GENERAL JOB SKILLS. IN 2024-2025, 12 PEOPLE GRADUATED FROM CKA. HOUSING (PROSPECT FOREST):CAPSTONE PROVIDES NINE AFFORDABLE HOUSING UNITS IN TWO BUILDINGS (HUD SECTION 8) IN RANDOLPHL VERMONT CALLED PROSPECT FOREST HOMES. TRANSPORTATION AND CLIMATE IMPACT:OUR MILEAGE SMART PROGRAM PROVIDES GRANTS OF UP TO $5,000 FOR COMMUNITY RESIDENTS TO SWITCH TO HIGH EFFICIENCY CARS. IN 2024-2025, 22 VEHICLES WERE SOLD AND VERMONTERS ARE NOW DRIVING A GAS HYBRID OR ELECTRIC VEHICLE PURCHASED FROM A LOCAL CAR DEALER. OTHER ACCOMPLISHMENTS:IN 2024-2025, CAPSTONE CONTINUED TO OPERATE THE DISASTER CASE MANAGEMENT PROGRAM FUNDED BY FEMA AND PROVIDED FLOOD RECOVERY SUPPORT. IN 2024-2025, CAPSTONE SERVED 10,117 INDIVIDUALS AND 6,115 HOUSEHOLDS.

  Expenses $2,552,264 · Grants $813,131 · Revenue $155,864

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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.

Provenance

Return type

form_990

Tax year

2024

Filed

20 March 2026

IRS schema version

2024v5.5

Source object

202610909349300641

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