2025-03-26T12:11:04-05:00 2024-09-30 741550819 MELTON & MELTON LLP 6002 ROGERDALE RD SUITE 200 HOUSTON TX 77072 990 2023-10-01 472462360 HOUSTON'S CAPITAL INVESTING IN DEVELOP- MENT AND EMPLOYMENT OF ADULTS INC HOUS 8322805345 2101 CRAWFORD STREET 211 HOUSTON TX 77002 MICHELLE PAUL EXECUTIVE DIRECTOR 8322805345 2025-03-26 1 1 JOHN BJORNGJELD CPA P01080718 2817591120 2023 2025-03-06 01:10:19Z CAPITAL IDEA HOUSTON MICHELLE PAUL 2101 CRAWFORD STREET 211 HOUSTON TX 77002 2047729 0 X WWW.CAPITALIDEAHOUSTON.ORG X 2014 TX CAPITAL IDEA HOUSTON'S MISSION IS TO INVEST IN WORKING ADULTS BY PROVIDING EDUCATIONAL PATHWAYS FROM LOW-WAGE TO LIVING-WAGE CAREERS. 9 8 24 50 0 0 2580725 2047729 0 0 0 0 0 0 2580725 2047729 668606 662010 0 0 899637 1208203 0 0 0 447437 533032 2015680 2403245 565045 -355516 1653777 1441208 86537 229484 1567240 1211724 CAPITAL IDEA HOUSTON'S MISSION IS TO INVEST IN WORKING ADULTS BY PROVIDING EDUCATIONAL PATHWAYS FROM LOW-WAGE TO LIVING-WAGE CAREERS. 0 0 1811027 662010 2047729 THE ORGANIZATION PROVIDES EDUCATION, TRAINING, AND OTHER SUPPORT FOR INDIVIDUALS WHO ARE ECONOMICALLY DISADVANTAGED OR FACE MULTIPLE BARRIERS TO EMPLOYMENT. CAPITAL IDEA HOUSTON COLLABORATES WITH HIGHER EDUCATION SCHOOL AND GOVERNMENT AGENCIES IN OFFERING MEANINGFUL ADULT EDUCATION. THE ORGANIZATION HELPS COORDINATE CHILD CARE, TRANSPORTATION ASSISTANCE, AND FINANCIAL ASSISTANCE; INCLUDING, BUT NOT LIMITED TO BOOKS, TUITION, TUTORING, ADVICE ON WORK-SCHOOL-LIFE BALANCE, AND SOFT SKILLS. THE ORGANIZATION ASSISTS GRADUATES IN OBTAINING JOBS THAT PAY A LIVING WAGE AND IN PURSUING CAREER PATHS THAT WILL SUPPORT A FAMILY, PROVIDE BENEFITS, AND OFFER OPPORTUNITIES FOR PROFESSIONAL ADVANCEMENT DURING THE FISCAL YEAR ENDED 9/30/2024. CAPITAL IDEA HOUSTON ASSISTED 406 INDIVIDUALS. 1811027 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 17 0 1 24 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 X SHERRILL CONSULTING ASSOCIATES LLC 8323878684 PO BOX 1702 BAYTOWN TX 77522 SARAH COVE PRESIDENT 5.00 X X 0 0 0 MELINDA LIGHTSEY-FORD SECRETARY 2.00 X X 0 0 0 ANA CUMMINGS MEMBER 2.00 X 0 0 0 BENJAMIN MUNSTER TREASURER 2.00 X X 0 0 0 R STAN MAREK JR MEMBER EMERITUS 1.00 X 0 0 0 BOB FLEMING MEMBER 2.00 X 0 0 0 LINDA HOLLINS MEMBER 2.00 X 0 0 0 AYO KUYINU MEMBER 2.00 X 0 0 0 JOHN DAMPF MEMBER 2.00 X 0 0 0 MICHELLE PAUL EXECUTIVE DIRECTOR 40.00 X 105422 0 19944 105422 0 19944 1 0 0 0 0 137917 1909812 21820 2047729 2047729 0 0 0 X 662010 662010 125366 105422 19944 1082837 923227 159610 11544 11544 12135 2500 9635 271275 8919 262356 23933 17167 6766 54234 54234 56152 22676 33476 45177 27422 17755 6767 4712 2055 9184 9184 3194 3194 OTHER EXPENSES 27184 27184 COMMUNICATION 12253 9788 2465 2403245 1811027 592218 0 953913 850144 590827 524086 24737 186 144263 106937 36164 37326 48136 29466 1653777 1441208 28375 197972 58162 31512 86537 229484 X 952611 819635 614629 392089 1567240 1211724 1653777 1441208 -355516 0 X X 0 1 X 1 1 1 X 1281554 2220556 2336427 2580725 2047729 10466991 1281554 2220556 2336427 2580725 2047729 10466991 10466991 10466991 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8950 8950 0 135313 97987 37326 37326 CREDIT CARD PAYABLE 5486 CURRENT LEASE LIABILITIES - OPERATING 22143 NON-CURRENT LEASE LIABILITIES - OPERATING 3883 31512 X 2047729 0 2047729 0 2047729 2403245 0 2403245 0 2403245 PART X, LINE 2: THE ORGANIZATION IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, FEDERAL AND STATE INCOME TAXES ARE NOT PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION APPLIES THE PROVISIONS OF FASB ASC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC 740 ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURES, AND TRANSITION. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. CURRENTLY, THERE ARE NO IRS AUDITS IN PROGRESS. 0 ASSISTANCE TO INDIVIDUALS FOR COST OF TUITION, BOOKS, TUTORING, ADMISSION RELATED FEES, TRANSPORTATION, CHILD CARE, AND OTHER SUPPORT SERVICES 368 662010 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITEE WILL REVIEW A COPY OF THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICTS OF INTEREST DISCLOSURE BY THE BOARD. WHEN APPLICABLE, RECORDED IN BOARD MINUTES AND RELATED PARTY WILL ABSTAIN FROM VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD PRESIDENT REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR IN COMPARISON WITH THE STRATEGIC PLAN. THE PRESIDENT OBTAINS COMPARABLE DATA TO DETERMINE COMPENSATION AND SOLICITS INPUT FROM OTHER BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST ONLY TO THE PUBLIC. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 8,919. MANAGEMENT AND GENERAL EXPENSES 262,356. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 271,275. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. CAPITAL INVESTING IN DEVELOPMENT AND EMPLOYMENT OF ADULTS HOUSTON LLC 2101 CRAWFORD STREET 211 HOUSTON TX 77002 PROVIDE SUPPORT, JOBS, AND EDUCATION TO ECONOMICALLY CHALLENGED TX 2047729 1441209 HOUSTON'S CAPITAL INVESTING IN DEVELOPMENT AND EMPLOYMENT OF ADULTS INC