Acapita Education Finance Corporation is a charitable organization in Waco, Texas. Its tax id (EIN) is 74-2542435. It was granted tax-exempt status by IRS in April, 2015. For detailed information such as income and other financial data of Acapita Education Finance Corporation, refer to the following table.
| Organization Name | Acapita Education Finance Corporation |
|---|---|
| Tax Id (EIN) | 74-2542435 |
| Address | 5609 Crosslake Pkwy, Waco, TX 76712-5500 |
| In Care of Name | Ricky Turman Evp Coo & Cf |
| All tax-exempt organizations in zip code 76712 | |
| Tax Period | Asset | Income | Revenue |
|---|---|---|---|
| June, 2013 | $2,067,969,273 | $53,224,253 | $53,224,253 |
| June, 2014 | $1,853,542,104 | $47,396,014 | $47,396,014 |
| June, 2015 | $1,609,131,837 | $41,471,730 | $41,471,730 |
| June, 2016 | $1,418,819,488 | $39,156,400 | $39,156,400 |
| June, 2017 | $1,282,298,650 | $73,820,059 | $73,820,059 |
| June, 2018 | $1,145,280,447 | $52,828,209 | $52,828,209 |
| June, 2019 | $987,993,221 | $28,517,098 | $28,517,098 |
| June, 2020 | $862,372,254 | $28,860,136 | $28,860,136 |
| June, 2021 | $191,939,866 | $38,212,450 | $38,212,450 |
| IRS Exempt Status Ruling Date | April, 2015 |
|---|---|
| Exempt Status | Unconditional Exemption |
| Deductibility | Contributions are deductible |
| Tax Exempt Classification | Educational Institutions and Related Activities |
| Tax Exempt Activity | Scholarships, Student Financial Aid Services, Awards |
| NTEE Code | B82 |
| Organization's purposes, activities, & operations |
Student loans
(note: this activity classification has been replaced by the Tax Exempt Classification shown above since 1995.) |
| Foundation Type | Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2) |
| Organization Type | Corporation |
| Organization Classification | Charitable Organization |
| Affiliation | Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
| Primary Return(s) Required to File | 990 (all other) or 990EZ return |
| Private Foundation Filing Requirement | No need to 990-PF return |
| Asset Range Reported on Form 990 | $50,000,000 to greater |
| Income Range Reported on Form 990 | $10,000,000 to 49,999,999 |
| Accounting Period | 06 |