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Education · 2020 Form 990

Acapita Education Finance Corporation: $28.9M Revenue, $68.9M Expenses

Waco, Texas · EIN 742542435 · Filing year 2020

Acapita Education Finance Corporation reported $28.9M in total revenue, $68.9M in total expenses, and $862.4M in total assets on its 2020 IRS Form 990. Current-officer compensation is not separately reported on this 990 filing. NonprofitTruth efficiency grade: D (38/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2020.

Reviewed by NonprofitTruth Editorial Team · Updated
D
Efficiency Score
38/100

Key Facts (2020 Form 990)

Total Revenue
$28.9M
Total Expenses
$68.9M
Total Assets
$862.4M
Reserve Months
150.3 months
Surplus / (Deficit)
$-40,014,001
EIN
742542435
Latest 990 Year
2020
Current-Officer Compensation
Not reported
Officer Comp % of Revenue
N/A

Acapita Education Finance Corporation pulls a D on the efficiency rubric. The composite of 38/100 reflects below-median performance on the bundle of factors — typically driven by thin operating reserves, volatile revenue, or outsized officer compensation relative to organizational size.

Acapita Education Finance Corporation reported $28.9M in 2020 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. On the financial-health factor, Acapita Education Finance Corporation runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.

Revenue has declined meaningfully over the five-year filing window — a pattern that warrants attention to underlying funding sustainability. Acapita Education Finance Corporation's 2020 revenue is materially below its earlier filings. Current-officer compensation is not separately reported in the filing — typical for nonprofits where leadership is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, Acapita Education Finance Corporation sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.


$28.9M
Revenue
$68.9M
Expenses
$862.4M
Total Assets
N/A
Officer Compensation

How Acapita Education Finance Corporation Compares

Acapita Education Finance Corporation earns a NonprofitTruth efficiency grade of D (38/100). That is 26 points below the Education category average. The organization holds 150.3 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$68.9M
Total Expenses
Filing year 2020
Not reported
Officer Compensation
on this 990
150.3 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Acapita Education Finance Corporation reported $28.9M in revenue against $68.9M in total functional expenses for filing year 2020, holding roughly 150.3 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

Trend

Revenue History

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Acapita Education Finance Corporation has a NonprofitTruth Efficiency Score of D (38/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Acapita Education Finance Corporation, Donor FAQ

Acapita Education Finance Corporation has a NonprofitTruth Efficiency Score of D (38/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Current-officer compensation for Acapita Education Finance Corporation is not separately reported in the most recent IRS Form 990 on file. This is common when leadership is paid through a related entity or the organization files a short-form return.

Acapita Education Finance Corporation reported $28.9M in annual revenue and $68.9M in total expenses for filing year 2020. The organization holds $862.4M in total assets.

Acapita Education Finance Corporation holds approximately 150.3 months of operating reserves (total assets relative to annual expenses) based on its 2020 IRS Form 990, one input into its D efficiency grade.

Acapita Education Finance Corporation is a registered 501(c) organization with EIN 742542435, based in Waco, Texas. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.