CAPITAL INVESTING IN DEVELOPMENT AND EMPLOYMENT OF ADULTS INC

aka Capital IDEA   |   Austin, TX   |  www.capitalidea.org

Mission

Capital IDEA’s mission is to lift working adults out of poverty and into high-paying careers through education. Our goal is to take low-income adults with an average 8th grade reading/writing/math ability level through a two-year associate's degree or certificate program at a local community college, and into a career identified by local employer partners as being in high-demand. Capital IDEA serves the community by acting as a bridge, connecting committed, yet underemployed people to employers in need of highly skilled workers.

Ruling year info

1999

Executive Director

Mr. Steven Jackobs

Main address

PO Box 1784

Austin, TX 78767 USA

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EIN

74-2893041

NTEE code info

Employment Procurement Assistance and Job Training (J20)

Educational Services and Schools - Other (B90)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Capital IDEA is dedicated to providing comprehensive supports to low-income, non-traditional students as they build their skills and knowledge and prepare for a new career in a high-demand field. Through partnerships with local community colleges and area employers, Capital IDEA strives to addresses two critical community needs– the need for low-earning adults to receive the necessary training to obtain good jobs with benefits and opportunities for advancement; and the need for local employers to have access to a well-trained, diverse workforce to fill high-demand jobs. Our ultimate vision is a thriving Central Texas where our students can reach their full potential, and our leading employers can grow by hiring locally from a diverse pool of motivated workers properly trained for the best careers of today and the future.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Capital IDEA's Career Expressway

Capital IDEA's Career Expressway program lifts working adults in Central Texas out of poverty and into living wage careers through education. With more than 20 years of proven success, our innovative program provides the financial, academic, and emotional support that non-traditional, adult learners need to succeed in higher education and ultimately reach self-sufficiency. More than just a scholarship, Capital IDEA’s methodologies dramatically increase retention and graduation among low-income adults:

Jobs-driven education and training: Capital IDEA pays for tuition, books, and fees.
Case Management and Counseling: Students regularly meet with their Career Navigator and with peers in their occupational track.
Supportive services such as childcare, emergency and transportation assistance: Capital IDEA also provides critical wrap-around services to help working adults stay in and succeed in school.
Jobs with benefits and a career path: Capital IDEA’s goal is for students to reach jobs that offer a living wage, provide benefits, and opportunity for further career advancement.  
Commitment and Accountability: Students make commitments to finish their education and to give back to the community by helping the students who follow them or through other volunteer work.
Long-term training and post-employment support: Capital IDEA works to help graduates find career employment by providing case management and employment support services for up to two years after graduation.

Population(s) Served
Adults

Where we work

Awards

Vision Award 2006

Liveable City

Architect of Ideas Award, Not-for-Profit Category for Innovation 2007

Greater Austin Chamber of Commerce

Social Entrepreneur of the Year, Executive Director Steve Jackobs 2007

Ernst & Young

Nonprofit Excellence Award for Collaboration 2008

Greenlights for NonProfit Success

Ethics in Business Award, Finalist 2008

Samaritan Center for Counseling and Pastoral Care

Ethics in Business Award 2009

Samaritan Center for Counseling and Pastoral Care

Greater Austin Business Award in Education, Finalist 2010

Greater Austin Chamber of Commerce

2012 Neighborhood Builder 2012

Bank of America Neighborhood Builders Program

Partner of the Year 2012 2012

SkillPoint Alliance Adult Workforce Council

Affiliations & memberships

Association of Fundraising Professionals - Member 2004

United Way Member Agency 2008

Chamber of Commerce 2002

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Capital IDEA provides a pathway out of poverty by helping low-income residents achieve self-sufficiency, using education as a bridge to financial stability. Our program provides the academic, financial, and emotional support that non-traditional, adult students need to succeed. We fund tuition, fees, and books and provide wrap-around services. The most critical part of our program is our Career Navigators who help our students stay on track.

Our primary objective is to remove barriers that might otherwise keep nontraditional students from succeeding. Our methods focus on our students’ financial, academic, and emotional needs. First, our financial supports maximize our students’ focus on academic goals by covering tuition, books, and fees and helping with childcare, transportation and emergency expenses. Secondly, our academic supports meet students where they are. Our College Prep Academy helps those who need to bring up their math, reading, and writing skills in order to pass the Texas Success Initiative exam. We also ensure students have access to tutoring while in school. Finally, our Career Navigators support our students’ emotional well-being through individualized case management. Life’s challenges continue as our students move through school. Our
Career Navigators are there to listen and support our students, so we can make sure they stay on track with their educational goals.

We believe education is the best way to break the cycle of poverty for the working families in Central Texas and for generations to come. With over 20 years of proven success, our innovative program provides the financial and emotional support that non-traditional, adult learners need to succeed in higher education and ultimately reach self-sufficiency.

Capital IDEA fully funds direct education expenses such as tuition, fees, and books. Because our participants are non-traditional students with distinct needs, our program also provides a range of wrap-around support services that are vital to the academic success of adult learners. As needed, this includes assistance with childcare, transportation, and emergency expenses. All students are provided intensive case management and counseling to help them balance their busy lives with the demands of navigating and succeeding in the post-secondary education system. To complete the wrap around support, students also meet regularly with peers in a one-hour session guided by their Career Navigator designed to teach them study skills, financial management, and job-related "soft" skills that are known to be vital to the success of our adult learners in long-term career education.

The experience, passion, and dedication of Capital IDEA's staff and Board of Directors is key to our success. A total of 29 employees make up the Capital IDEA professional team, led by Executive Director, Steve Jackobs. Capital IDEA's Board of Directors is comprised of 12 members, 6 leaders from the business community, 5 members of Austin Interfaith, plus one representative of Capital IDEA's Alumni. Board members represent a diverse cross-section of the community and each brings a high level of commitment, experience, and engagement to the organization.

Capital IDEA benefits from the long-term commitment of our lead founding organization, Austin Interfaith, who creates the political support needed to sustain substantial public investment over multiple years. A coalition of community organizations, churches, schools, and unions, Austin Interfaith provides direct and real-time access to the working poor adults who need Capital IDEA support and offers to host orientations in low-income neighborhoods and non-urban areas throughout Central Texas.

External collaboration and partnership are principles on which Capital IDEA was founded and is how our program continues to make a significant impact in our community. On the educational side, Capital IDEA is in partnership with Austin Community College (ACC) and other training institutions in Central Texas to develop educational offerings that will meet the needs of our participants. In addition, we work closely with job training programs in Central Texas such as Workforce Solutions, the Texas Workforce Commission, and the Rural Capital Area Workforce Development Board to coordinate college preparation and training for high-skill, in-demand careers. From the business community, Capital IDEA develops informal employer partnerships to identify emerging careers that will provide a living wage, benefits, and opportunities for advancement for our participants.

Since 1998, Capital IDEA has more than 1,700 successful examples that our program is effective at transforming lives. The success of Capital IDEA is shown in our impressive record of taking people with the most barriers to higher education, getting them into college or training, graduating them with great academic records, and placing them with local employers, usually within a few months of their graduation. Since January 2019, the average wage earned by employed participants has been $23.52 an hour, or $48,922 annually. Compared to average annual earnings of $15,013 at program entry for the same students, this represents an increase of more than 300%..

A sizable increase in earnings means graduates become homeowners, start savings accounts, open college accounts for their children and serve as role models for extended family, friends and neighbors. The long-term impact on the lives of our graduates is a testament to the strength of our methodology, and evidence of the effectiveness of our program.

Over the years, a number of external studies have reviewed and evaluated the long-term success of the program, including recent studies by The Aspen Institute and the Ray Marshall Center at the University of Texas. The results of these projects continue to inform our process for evaluating program effectiveness as we make progress toward our long-term goals. Capital IDEA will continue to encourage and support these research projects as the opportunities arise, as they do more than validate our program; they tell a compelling story about the potential of low-earning, under-educated adults.

Financials

CAPITAL INVESTING IN DEVELOPMENT AND EMPLOYMENT OF ADULTS INC
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Operations

The people, governance practices, and partners that make the organization tick.

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CAPITAL INVESTING IN DEVELOPMENT AND EMPLOYMENT OF ADULTS INC

Board of directors
as of 7/15/2021
SOURCE: Self-reported by organization
Board co-chair

Rev Paul Skeith

SoCo Episcopal


Board co-chair

Ms. Alyssia Palacios-Woods

Austin Young Chamber

Robert Williams

Austin Interfaith

T. Carlos Anderson

Austin Interfaith

Joy Penticuff

Austin Interfaith

Jawana Gutierrez

Retired, Austin Energy

Jesse Navarrete

Continental Insurance

Joe Canales

Retired, Ascension Seton

Holly Coe

B2 Management & Consulting

Teresa Garza

Alumni Representative, Austin Community College

Koreena Malone

KM Business Solutions

Curtis Wyman

Austin Interfaith

Organizational demographics

SOURCE: Self-reported; last updated 07/15/2021

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability