NonprofitsCapstone Education Group Inc

Education

Capstone Education Group Inc

MEMPHIS, TN

Total revenue

$23.8M

Total expenses

$20.3M

Net assets

$26.7M

Grants received

$4.0M

22 grants

EIN

454885204

Tax year

2023

Mission

Equips students with wisdom and knowledge necessary to succeed in college

Financials

FY 2023

Revenue

Contributions & grants$22.9M
Program service revenue
Investment income$904K
Other revenue
Total revenue$23.8M

Expenses

Grants paid
Salaries & benefits$15.3M
Fundraising$45K
Other expenses$5.0M
Total expenses$20.3M
Total assets$27.4M
Net assets$26.7M

People

13 listed

NameRoleCompensation

DREW SIPPEL

EXECUTIVE DIRECTOR

Board

$245K

50 hrs/wk

PAUL F T EDWARDS

SECRETARY

Board

2 hrs/wk

ELLIOT PERRY

DIRECTOR

Board

2 hrs/wk

THOMAS M MARINO

VICE CHAIRMAN

Board

2 hrs/wk

CAMELA ECHOLS

DIRECTOR

Board

2 hrs/wk

SCOTT WALKER

CHAIRMAN

Board

2 hrs/wk

OCTAVIOUS NICKSON

DIRECTOR

Board

2 hrs/wk

DR YOLUNDA BASS BEALE

DIRECTOR

Board

2 hrs/wk

MICHELLE LYONS

PRINCIPAL OF CORNERSTONE P

Staff

$158K

50 hrs/wk

YOLANDA DANDRIDGE

PRINCIPAL OF CORNERSTONE P

Staff

$121K

50 hrs/wk

MEAGAN A TATE

CHIEF CULTURE OFFICER

Staff

$117K

50 hrs/wk

LACEE RODGERS

CHIEF ACADEMIC OFFICER

Staff

$112K

50 hrs/wk

BRIDGETTE V SIMMONS

DEAN OF CULTURE

Staff

$104K

50 hrs/wk

Independent contractors

GIVE CLEAN LLC

CLEANING SERVICE

$325K

DURHAM SCHOOL SERVICES

TRANSPORTATION

$143K

Grants received

Showing 22 of 22

FromAmountPurposeYear
$636K
TO SUPPORT SUMMER BOOST
2024
$356K
TO SUPPORT SUMMER BOOST
2023
$203K
CHARTER SCHOOL GROWTH
2023
$100K
Charitable exempt purpose
2023
$6K
Assisting with necessaryapparel for thechildren
2023
$6K
UNRESTRICTED
2023
$900K
CHARTER SCHOOL GROWTH
2022
$203K
CHARTER SCHOOL GROWTH
2022
$100K
Charitable exempt purpose
2022
$20K
EDUCATIONAL SUPPORT
2022
$20K
EDUCATIONAL SUPPORT
2022
$2K
PROGRAM SUPPORT
2022
$600K
CHARTER SCHOOL GROWTH
2021
$10K
GENERAL OPERATIONAL SUPPORT
2021
$100K
Charitable exempt purpose
2020
$60K
PANDEMIC RELIEF - REMOTE LEARNING
2020
$50K
CHARTER SCHOOL GROWTH
2020
$20K
PANDEMIC RELIEF - REMOTE LEARNING
2020
$20K
PANDEMIC RELIEF - REMOTE LEARNING
2020
$3K
PROGRAM SUPPORT
2020
$95K
GENERAL OPERATIONAL SUPPORT
2019
$500K
CHARTER SCHOOL GROWTH
2018

Funded by

$4.0M from 8 funders · 22 grants · 2018–2024

Charter Fund Inc

$2.6M · 9 grants · 2018–2023

50Can Inc

$991K · 2 grants · 2023–2024

Crawford-Howard Private Foundation

$300K · 3 grants · 2020–2023

Community Foundation

$105K · 2 grants · 2019–2021

Memphis Education Fund Inc

$40K · 2 grants · 2022

Agape North Foundation Inc

$6K · 1 grant · 2023

Network For Good

$6K · 1 grant · 2023

The Sims Family Charitable Trust

$5K · 2 grants · 2020–2022

Details

EIN454885204
NTEE codeB20
Subsection03
Ruling date2013-05
Formed2012
Employees238
Volunteers150
CAPSTONE EDUCATION GROUP INC — Mission, Financials & Grants Received | Grantivo