Charity Impact Media

Home › Employment

The Fedcap Group

New York, NY · EIN 83-0765672 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Fedcap Group reported $33.7 million in revenue and $32.1 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $3.45 went to program services, $94.07 to management and general costs and $2.48 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 91.4% of the total. The highest compensation it reported for one person was $894,189 (PRESIDENT & CEO OF FEDCAP). 37 people received more than $100,000 in reportable compensation. Revenue rose 9126% between FY2021 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $32M

For context, the median across 409 covered employment charities: $88.97 programs, $11.03 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $34M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 409 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
3.4%88.0%
Management & general
Part IX 25(C) ÷ 25(A)
94.1%10.9%
Fundraising
Part IX 25(D) ÷ 25(A)
2.5%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.85$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.8%22.8%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.4%
Program service revenue share
Part VIII 2g ÷ 12
91.4%62.6%
Highest reported compensation
Part VII-A, columns D–F
$894,189$297,435
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.78%1.26%
People paid over $100,000
Part VII, line 2
376
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-0.18.1
Independent voting board members
Part VI 1a–1b
4 of 4100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$1.1M expenses · 100.0% of program spending · grants $500K · revenue $23,654

The Fedcap Group advances educational opportunity through a continuum of programs designed to support lifelong learning and improve economic mobility. Educational services include early childhood education, k-12 support, post-secondary readiness, career and technical training, and specialized services for youth facing barriers to educational success. Through its network of nonprofit affiliates, the Fedcap Group helps children, youth, and adults develop the knowledge, skills, and credentials necessary to succeed in school, pursue higher education, and compete in the modern workforce. Programs…

$0 expenses · revenue $31M

The Fedcap Group provides workforce development programs that prepare individuals for meaningful employment and long-term career advancement. Through industry-aligned job training, career readiness services, placement assistance, and post-employment support, the organization helps individuals overcome barriers to employment and secure sustainable jobs. Services are provided to diverse populations, including individuals with disabilities, veterans, justice-involved individuals, youth, older workers, and others facing employment challenges. By partnering with employers and community…

— expenses

The Fedcap Group supports health and economic well-being through programs that improve access to healthcare, strengthen communities, and create pathways to economic opportunity. Health-focused initiatives include care coordination, health education, access to treatment, and other services intended to improve outcomes and reduce barriers to healthy living. Economic development activities promote job creation, community revitalization, social enterprise, workforce investment, and other strategies designed to strengthen local economies and expand opportunities for underserved populations.…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO OF FEDCAP
Officer, 40.00 hrs/week
$742,054$0$152,135$894,189
DEPARTMENT OFFICER
Highest compensated employee, 40.00 hrs/week
$481,575$0$17,783$499,358
CHIEF STRATEGY OFF. & VP EDUC.
Officer, 40.00 hrs/week
$450,090$0$921$451,011
CFO OF FEDCAP
Officer, 40.00 hrs/week
$373,709$0$31,322$405,031
PRESIDENT, FEDCAP REHABILI
Officer, 1.00 hrs/week
$0$340,762$32,758$373,520
CHIEF HUMAN RESOURCE OFFICER
Officer, 40.00 hrs/week
$320,448$0$29,668$350,116
CHIEF INFORMATION OFFICER
Officer, 40.00 hrs/week
$311,077$0$25,432$336,509
SVP WORKFORCE DEVELOPMENT
Officer, 1.00 hrs/week
$0$296,214$21,494$317,708

37 people received more than $100,000 in reportable compensation from The Fedcap Group (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.6M (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2021FY2022FY2023FY2024FY2025$34M$32M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$34M$32M3.4%−$250K$894,189
FY2024 ⓘ$36M$33M3.4%−$2.9M$891,927
FY2023 ⓘ$25M$24M2.5%−$7.9M$852,043
FY2022 ⓘ$8.8M$15M1.6%−$8.4M$755,901
FY2021 ⓘ$365K$2.1M0.0%−$1.8M$629,997

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b4 · 4 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5132

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
AB FACILITY SERVICES LLC
Janitorial services
$364,035

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to The Fedcap Group totaling $10,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Fedcap Group's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Fedcap Group, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All employment charities · Largest charities in New York

Questions people ask

How much of The Fedcap Group's spending goes to programs?

In the fiscal year ending September 30, 2025, The Fedcap Group reported that 3.4% of its $32.1 million in expenses went to program services, 94.1% to management and general and 2.5% to fundraising (Form 990, Part IX).

How much does The Fedcap Group pay its top executive?

The largest total compensation The Fedcap Group reported for one person in the fiscal year ending September 30, 2025 was $894,189, for the role of PRESIDENT & CEO OF FEDCAP (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Fedcap Group get its money?

Of $33.7 million in revenue in the fiscal year ending September 30, 2025, 2.8% came from contributions and grants and 91.4% from program service revenue (Form 990, Part VIII).

Is The Fedcap Group a registered charity?

The IRS lists EIN 83-0765672 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202622269349303257 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202532269349303143 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412289349300631 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202322279349301142 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202279349302500 · read the filing

All filings for EIN 83-0765672: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.