Nonprofit · EIN 82-2514581
CAPITAL INNOVATION LAB INC
Tax-exempt · JERICHO, VT 05465
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $140,351 | $157,964 | -$17,613 | $11,418 | $6,178 | $5,240 |
| December 31, 2023 | 990-EZ | $170,234 | $158,224 | $12,010 | $23,978 | $1,125 | $22,853 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $120,557
- Program service revenue
- $19,750
- Other revenue
- $44
Expenses
- Compensation of officers, directors and key employees
- $78,750
- Salaries, compensation and benefits (total)
- $96,130
- Professional fees and payments to contractors
- $45,313
- Printing, publications and postage
- $14
- Other expenses
- $16,507
- Program services (functional)
- $68,239
Balance sheet and other
- Total assets, start of year
- $23,978
- Total assets, end of year
- $11,418
- Total liabilities, end of year
- $6,178
- Net assets, end of year
- $5,240
- Cash, savings and investments
- $10,097
- Gross receipts
- $140,351
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JANICE SHADE | EXEC DIR/AUTHORIZED TAX OF | 40 | $78,750 | $3,000 |
| NICOLAS GUNKEL | DIRECTOR | 1 | $0 | $0 |
| STEPHEN FILLER | CHAIR | 2 | $0 | $0 |
| PAM SUGARMAN | SECRETARY | 1 | $0 | $0 |
| ROBERT PHILLIPS | VICE CHAIR | 1 | $0 | $0 |
| ALYSSA STANKIEWICZ | TREASURER | 2 | $0 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANICE SHADE | EXEC DIR/AUTHORIZED TAX OFFICER | 40 | $81,250 |
| NICOLAS GUNKEL | DIRECTOR | 1 | $0 |
| STEPHEN FILLER | CHAIR | 2 | $0 |
| PAM SUGARMAN | SECRETARY | 1 | $0 |
| ROBERT PHILLIPS | VICE CHAIR | 1 | $0 |
| ALYSSA STANKIEWICZ | TREASURER | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 13 KETTLE CREEK RD, JERICHO, VT 05465-2703
- Mailing address (990-N for 2021)
- 13 Kettle Creek Rd, Jericho VT 05465
- Principal officer (990-N for 2021)
- Janice Shade, 13 Kettle Creek Rd, Jericho VT 05465
- Signed the 990-EZ
- JANICE SHADE, EXEC DIR/AUTHORIZED TAX OFFICER
- Phone
- (802) 373-0340
- Website
- www.localcap.org
- Return prepared by
- MCSOLEY MCCOY & CO
Mission
EDUCATION AND RESEARCH
Program accomplishments
- MONEY MAP EDUCATIONA. SERVICES PROVIDED: FINAL DEVELOPMENT OF THE MONEY MAP OPEN ACCESS PROGRAM FOR WOMEN/BIPOC/RURAL/SOCIAL ENTREPRENEURS AND OTHERS MARGINALIZED BY TRADITIONAL CAPITAL SYSTEMS, AND DELIVERY OF EDUCATIONAL PROGRAMS TO THREE COHORTS OF WOMEN ENTREPRENEURS IN VERMONT.B. NUMBER OF PERSONS BENEFITTED: 30+ WOMEN ENTREPRENEURS IN VERMONT RECEIVED DIRECT MONEY MAP TRAINING, IN PARTNERSHIP WITH VERMONT WOMEN'S FUND AND CENTER FOR WOMEN AND ENTERPRISE. THE MONEY MAP OPEN ACCESS MATERIALS ARE AVAILABLE TO THE PUBLIC WITH THE POTENTIAL TO REACH THOUSANDS OF ENTREPRENEURS ACROSS THE U.S.C. OTHER RELEVANT INFORMATION: FOLLOWING THE SUCCESSFUL LAUNCH OF THE MONEY MAP'S OPEN ACCESS WEB-BASED CURRICULUM AND RESOURCES IN 2024, WE WILL EXPLORE PARTNERSHIP WITH A MISSION-ALIGNED ORGANIZATION TO DISTRIBUTE THE MONEY MAP TO ENTREPRENEURS AND ENTREPRENEUR SUPPORT ORGANIZATIONS ACROSS THE U.S..Expenses $42,618
- LOCAL RETURNA. SERVICES PROVIDED: STRATEGIC AND FINANCIAL CONSULTANCY LEADING TO THE LAUNCH OF THE LOCAL RETURN DIVERSIFIED INVESTMENT FUND, A PROGRAM OF THE RHODE ISLAND COMMUNITY INVESTMENT COOPERATIVE (RICIC).B. NUMBER OF PERSONS BENEFITTED: FOUR FOUNDERS/BOARD MEMBERS OF LOCAL RETURN, PLUS COMMUNITY WEALTH BUILDING OPPORTUNITES FOR UP TO 500 RI RESIDENTS AND ACCESS TO CAPITAL FOR APPROXIMATELY 10-15 ENTREPRENEURS OVER THE FIRST 2-3 YEARS OF OPERATION. C. OTHER RELEVANT INFORMATION: THIS PROJECT BEGAN IN LATE 2023 WITH THE BULK OF THE WORK OCCURRING IN 2024.Expenses $25,621
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 82-2514581
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S05)
- Assets (IRS master file)
- $11,418
- Income (IRS master file)
- $140,351
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $140,351 | $157,964 | $11,418 | XML |
| 990-EZ | December 2023 | $170,234 | $158,224 | $23,978 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Janice Shade | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Janice Shade | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Janice Shade | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 82-2514581).
Questions about CAPITAL INNOVATION LAB INC
- What is the EIN of CAPITAL INNOVATION LAB INC?
- The employer identification number (EIN) of CAPITAL INNOVATION LAB INC is 82-2514581.
- Is CAPITAL INNOVATION LAB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to CAPITAL INNOVATION LAB INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAPITAL INNOVATION LAB 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 INNOVATION LAB 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 INNOVATION LAB INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of CAPITAL INNOVATION LAB INC?
- The 990-N for 2021 names Janice Shade.
- Who are the officers and directors of CAPITAL INNOVATION LAB INC?
- The 990-EZ for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $78,750 (JANICE SHADE, EXEC DIR/AUTHORIZED TAX OF).
- How much revenue does CAPITAL INNOVATION LAB INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $140,351, expenses of $157,964 and total assets of $11,418 at year end.
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All nonprofits in JERICHO · Vermont · Community improvement and capacity building