Mission
Capital Good Fund is a nonprofit, U.S. Treasury-certified Community Development Financial Institution dedicated to tackling poverty in America through financial empowerment. They offer equitable financing options, including various loan products and personalized financial coaching programs, to help families improve their credit scores, manage debt, and achieve financial stability. Serving multiple states, their initiatives also add an emphasis on promoting a green economy.
Basic Information
Founded in
2009
EIN
80-0348382
Total Assets
$17.25 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
At a Glance
Get Financing
Capital Good Fund offers a range of loan products with easy financing options and a trusted, dedicated team to help families overcome financial hurdles and achieve their goals.
Be Coached
Participants in Capital Good Fund's coaching programs learn to manage their finances better, increase their credit scores, and save for the future through personalized guidance and financial education.
Invest
For those looking to make a meaningful impact, investing in Capital Good Fund is a way to enact real-world change with as little as $5,000. These investments align with values of social equity and financial empowerment.
Impact Stats
Loans Financed
16,000 Loans Financed
Capital Good Fund has successfully financed over 16,000 loans, totaling over $44 million for American families. This remarkable achievement highlights their dedication to providing financial support to those in need.
Coaching Clients
2,000 Coaching Clients
The nonprofit has positively impacted over 2,000 clients through its Financial and Health Coaching programs, helping them improve their financial literacy and health.
Past Events
Catching Up During the Pandemic
12/01/2021
A special event where coaching clients discussed their journey to financial health and improvement during the pandemic.
Microloan Workshop
05/15/2022
Capital Good Fund hosted a workshop discussing the risks and benefits of microloans for the underprivileged.
Impact Reports
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
64
42
/100
Program Expense Ratio
81.46%
14
/20
Program Revenue Growth
28.68%
18
/20
Leverage Ratio
0.8897
4
/20
Working Capital Ratio
0.3472
4
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 4.512M | 78.83% |
| Program Services | 1.211M | 21.17% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 5.723M | 100.00% |
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