Center for Arizona Policy 
The information on this page was last updated 3/14/2023. If you see errors or omissions, please email: [email protected]
Summary
CAP is a nonprofit advocacy group whose mission is to promote and defend the foundational values of life, marriage and family and religious freedom.
Contact information
Mailing address:
Center for Arizona Policy
PO Box 32428
Phoenix, AZ 85064-2428
Website: azpolicy.org
Phone: (602) 424-2525
Email: [email protected]
Organization details
EIN: 860618922
CEO/President: Cathi Herrod
Chairman: Greg Fraley/ Gina Fraley
Board size: 16
Founder: Len Munsil
Ruling year: 1989
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 1999
Purpose
Center for Arizona Policy (CAP) is a nonprofit research and education organization committed to promoting and defending the foundational values of life, marriage & family, and religious freedom.
Mission statement
Center for Arizona Policy (CAP) is a nonprofit advocacy group whose mission is to promote and defend the foundational values of life, marriage and family, and religious freedom.
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1022 of 1104 | 113 of 122 |
| Fund acquisition rating | | 908 of 1105 | 88 of 122 |
| Resource allocation rating | | 884 of 1105 | 103 of 122 |
| Asset utilization rating | | 881 of 1104 | 94 of 122 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 10% | 13% | 10% | 16% | 13% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 11% | 13% | 10% | 16% | 13% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 110% | 101% | 100% | 95% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 11% | 23% | 16% | 18% | 13% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | -10% | -1% | 0% | 5% | 1% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 73% | 53% | 66% | 62% | 70% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 94% | 55% | 66% | 84% | 96% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 68% | 29% | 44% | 52% | 67% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 6% | 45% | 34% | 16% | 4% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | 4% | 44% | 52% | 33% | 10% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 16% | 23% | 19% | 20% | 17% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.84 | 0.42 | 0.36 | 1.01 | 1.68 | 2.06 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.76 | 1.76 | 1.56 | 1.01 | 1.02 | 1.06 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.77 | 0.74 | 0.55 | 1.02 | 1.72 | 2.18 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.67 | 20.48 | 53.65 | 121.64 | 38.74 | 26.03 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.05 | 0.02 | 0.01 | 0.03 | 0.04 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.08 | 15.41 | 21.27 | 11.71 | 6.81 | 5.30 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 34% | 35% | 3% | 7% | 17% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 31% | 34% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 101% | 156% | 183% | 97% | 55% | 40% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $3,596,028 | $3,951,226 | $2,150,514 | $1,082,396 | $765,042 |
| Receivables, inventories, prepaids | $72,805 | $62,575 | $154,698 | $52,103 | $52,611 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $3,668,833 | $4,013,801 | $2,305,212 | $1,134,499 | $817,653 |
| Long-term investments | $25 | $25 | $25 | $22 | $19 |
| Fixed assets | $2,742,772 | $2,224,026 | $14,425 | $17,215 | $10,594 |
| Other long-term assets | $31,009 | $8,100 | $8,100 | $8,100 | $36,534 |
| Total long-term assets | $2,773,806 | $2,232,151 | $22,550 | $25,337 | $47,147 |
| Total assets | $6,442,639 | $6,245,952 | $2,327,762 | $1,159,836 | $864,800 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $179,138 | $74,816 | $18,951 | $29,282 | $31,406 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $179,138 | $74,816 | $18,951 | $29,282 | $31,406 |
| Debt | $2,028,503 | $2,102,606 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $47,722 | $52,268 | $114,777 |
| Total long-term liabilities | $2,028,503 | $2,102,606 | $47,722 | $52,268 | $114,777 |
| Total liabilities | $2,207,641 | $2,177,422 | $66,673 | $81,550 | $146,183 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $4,183,078 | $3,396,396 | $2,133,183 | $1,013,868 | $718,617 |
| With donor restrictions | $51,920 | $672,134 | $127,906 | $64,418 | $0 |
| Net assets | $4,234,998 | $4,068,530 | $2,261,089 | $1,078,286 | $718,617 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $3,180,352 | $4,073,389 | $3,519,010 | $2,202,949 | $1,824,932 |
| Program service revenue | $0 | $4,450 | $4,450 | $103,088 | $22,752 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $2,690 | $4,392 | $2,113 | $2,571 | $520 |
| Other revenue | ($299,790) | ($52,934) | $0 | $0 | ($335) |
| Total other revenue | ($297,100) | ($44,092) | $6,563 | $105,659 | $22,937 |
| Total revenue | $2,883,252 | $4,029,297 | $3,525,573 | $2,308,608 | $1,847,869 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $1,974,247 | $1,188,209 | $1,537,707 | $1,204,312 | $1,240,509 |
| Management and general | $436,210 | $514,667 | $436,271 | $384,920 | $302,086 |
| Fundraising | $306,327 | $518,980 | $368,792 | $359,706 | $236,621 |
| Total expenses | $2,716,784 | $2,221,856 | $2,342,770 | $1,948,938 | $1,779,216 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $166,468 | $1,807,441 | $1,182,803 | $359,670 | $68,653 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $166,468 | $1,807,441 | $1,182,803 | $359,670 | $68,653 |
Compensation
| Name | Title | Compensation |
| Cathi Herrod | President | $260,331 |
| Christopher St John | VP-Advanceme | $153,677 |
| Allison Macmurtrie | Sec/Chief of | $123,317 |
| Cindy Dahlgren | Communicatio | $102,515 |
Compensation data as of: 12/31/2022
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 3/14/2023. To update the information below, please email: [email protected]
History
Program accomplishments
11 CAP Passed Measures in 2022
200 CAP Passed Measures Since 1996
71 CAP Life Measures Passed Since 1996