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Fedcap INC

Public charity
DBA: % CAROL KHOURY CFO
Other · NEW YORK, NY · EIN 83-0837061

About

Fedcap INC. Has designed a comprehensive solution to the development of a skilled workforce, a win-win for businesses and employees alike. With an understanding of economic and labor market trends, we are ahead of the curve in providing trained, "ready to work" talent. - short term job training resulting in modular and stackable credentials in high growth sectors - employer based training customized for specific jobs - soft skills training ensuring individuals "ready to work" on day one - case management and post placement/retention supports as indicated. We also assist companies with TAX credits associated with their hiring strategies and may be ABLE to temporarily subsidize wages with third-party funding sources. Fedcap INC. Partners with over 6,000 businesses, meeting critical staffing needs for employers while assisting thousands of people with barriers to economic well-being change the course of their lives.

In care of Carol Khoury CFO

Donations are tax-deductible
Category
Other
Employees
481
Volunteers
0

Financial Snapshot

FY ending 2024-09-30
Revenue
$30.2M
Expenses
$30.7M
Assets
$16.6M
Liabilities
$6.5M

Financial history

$39.4M$19.7M$0
192021222324
RevenueExpenses
Latest FY2024: $30.2M · Peak FY2023: $39.4M · Avg: $24.1M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$1.5M
FEDCAP INC
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Address

633 Third AVE 6TH FL
New YORK, NY, 10017-673

Governance

Voting board members4
Independent members4
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
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IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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