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Nonprofit · EIN 14-1596291

CAPITAL ROOTS INC

Tax-exempt · TROY, NY 12180

Financials

$3.3M$2.7M2023$3.2M$3.8M2024
Revenue Expenses · by fiscal year end
Financials of CAPITAL ROOTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,168,836$3,785,420-$616,584$12,035,127$5,696,757$6,338,370
December 31, 2023990$3,349,920$2,676,119$673,801$12,773,421$5,846,371$6,927,050
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,506,442
of which government grants
$1,581,232
Program service revenue
$547,087
Investment income
$8,427
Net gain from sales of assets
-$12,796
Net income from fundraising events
$95,766
Other revenue
$106,880

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$188,808
Other salaries and wages
$1,002,323
Salaries, compensation and benefits (total)
$1,395,342
Professional fundraising fees
$0
Legal fees
$93,889
Accounting fees
$59,936
Occupancy
$116,702
Travel
$47,122
Depreciation
$441,983
Program services (functional)
$3,310,764
Management and general (functional)
$361,946
Fundraising (functional)
$112,710

Balance sheet and other

Total assets, start of year
$12,773,421
Total assets, end of year
$12,035,127
Total liabilities, end of year
$5,696,757
Net assets, end of year
$6,338,370
Land, buildings and equipment
$10,565,432
Publicly traded securities
$366,084
Net assets without donor restrictions
$5,976,712
Net assets with donor restrictions
$361,658
Gross receipts
$3,216,558
Employees
53
Volunteers
265
Year formed
1975
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
AMY KLEINCEO
Officer
40$99,999$12,307
JESSICA TROWBRIDGECOO
Officer
40$75,000$1,500
DEBORAH BENNETTDIRECTOR AT LARGE
Trustee or director
1.25$0$0
SARAH BILOFSKYDIRECTOR
Trustee or director
1.25$0$0
MARK BRYANTTREASURER
Trustee or director, Officer
1.25$0$0
KATIE DECKERDIRECTOR
Trustee or director
1.25$0$0
JEAN GERBINIDIRECTOR
Trustee or director
1.25$0$0
KIM HICKOKVICE PRESIDENT
Trustee or director, Officer
1.25$0$0
KIMBERLY SANGER JONESDIRECTOR
Trustee or director
1.25$0$0
LAURA KOZIENSECRETARY
Trustee or director, Officer
1.25$0$0
MEGAN LEITZINGERDIRECTOR
Trustee or director
1.25$0$0
SUSAN MCCORMICKDIRECTOR
Trustee or director
1.25$0$0
LYNNE RITTNERDIRECTOR
Trustee or director
1.25$0$0
ANOUSH KOROGHLIAN SCOTTPRESIDENT
Trustee or director, Officer
1.25$0$0
MICHAEL WHITEMANDIRECTOR
Trustee or director
1.25$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
AMY KLEINCHIEF EXECUTIVE OFFICER
Officer
40$113,626$11,071
MICHAEL WHITEMANDIRECTOR
Trustee or director
1.25$0$0
TOM MCGUIREDIRECTOR AT-LARGE
Trustee or director
1.25$0$0
MEGAN LEITZINGERDIRECTOR
Trustee or director
1.25$0$0
KIMBERLY SANGER JONESDIRECTOR
Trustee or director
1.25$0$0
KIM HICKOKVICE PRESIDENT
Trustee or director, Officer
1.25$0$0
JEFF COHENDIRECTOR
Trustee or director
1.25$0$0
DEBORAH BENNETTDIRECTOR AT-LARGE
Trustee or director
1.25$0$0
JEAN GERBINISECRETARY
Trustee or director, Officer
1.25$0$0
MARK BRYANTTREASURER
Trustee or director, Officer
1.25$0$0
ANOUSH KOROGHLIAN SCOTTPRESIDENT
Trustee or director, Officer
1.25$0$0
RACHEL HYE YOUN RUPRIGHTIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
1.25$0$0
LYNNE RITTNERDIRECTOR
Trustee or director
1.25$0$0

Address and contacts

Address (IRS master file)
594 RIVER ST, TROY, NY 12180-1502
Principal officer (990 for 2024)
AMY KLEIN, 594 RIVER STREET, TROY, NY 12180
Signed the 990
AMY KLEIN, CHIEF EXECUTIVE OFFICER
Phone
(518) 274-8685
Return prepared by
BONADIO & CO LLP

Mission

CAPITAL ROOTS, INC. IS A NOT FOR PROFIT ORGANIZATION THAT NOURISHES HEALTHY COMMUNITIES BY PROVIDING ACCESS TO FRESH FOOD AND GREEN SPACES FOR ALL. IT IS OUR BELEIF THAT ORGANIC GARDENING AND URBAN REVITILIZATION ACTIVITES PROMOTE SELF SUFFICIENCY, HEALTHY LIVING, COMMUNITY ENGAGEMENT, THRIVING GREEN CITIES AND NEIGHBORHOODS, AND RESPONSIBLE STEWARDSHIP OF OUR NATURAL AND BUILD RESOURCES. CAPITAL ROOTS, INC. IS DEDICATED TO WORKING WITH PEOPLE TO CULTIVATE HEALTHY ENVIROMENTS, DIETS AND LIFESTYLES AS DEMONSTRATED THROUGH THE MISSIONS AND ACTIVITES OF ITS VARIOUS PROGRAMS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROGRAMS EMPOWER LOCAL RESIDENTS TO DEVELOP THEIR COMMUNITIES AND IMPROVE THE ENVIRONMENT AND THEIR QUALITY OF LIFE BY TRANSFORMING VACANT LOTS INTO PRODUCTIVE NEIGHBORHOOD GARDEN SPACES FOR BEAUTIFICATION AND FOOD PRODUCTION. THE PROGRAMS FOSTER ENVIRONMENTAL AND URBAN RENEWAL BY ASSISTING AND SUPPORTING URBAN BEAUTIFICATION PROJECTS, INCLUDING LANDSCAPING, TREE PLANTING AND EDUCATIONAL ASSISTANCE IN TECHNIQUES FOR GARDENING AND HORTICULTURE TO RESIDENTS AND THE COMMUNITY. PROGRAMS BRING AFFORDABLE PRODUCE TO LOW INCOME FAMILIES WITH NUTRITIONAL EDUCATION.
    Expenses $3,310,764 · revenue $558,201

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
14-1596291
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1975
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C410)
Assets (IRS master file)
$12,035,127
Income (IRS master file)
$3,216,558

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,168,836$3,785,420$12,035,127XML
990December 2023$3,349,920$2,676,119$12,773,421XML
990December 2022$2,768,449$2,484,004$12,701,775IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about CAPITAL ROOTS INC

What is the EIN of CAPITAL ROOTS INC?
The employer identification number (EIN) of CAPITAL ROOTS INC is 14-1596291.
Is CAPITAL ROOTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to CAPITAL ROOTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CAPITAL ROOTS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CAPITAL ROOTS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CAPITAL ROOTS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CAPITAL ROOTS INC?
The 990 for the year ended December 31, 2024 names AMY KLEIN.
Who are the officers and directors of CAPITAL ROOTS INC?
The 990 for the year ended December 31, 2024 lists 15 people; 2 received compensation from the organization, the highest $99,999 (AMY KLEIN, CEO).
How much revenue does CAPITAL ROOTS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,168,836, expenses of $3,785,420 and total assets of $12,035,127 at year end.

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