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
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 | | 922 of 1094 | 89 of 111 |
| Fund acquisition rating | | 1058 of 1097 | 105 of 111 |
| Resource allocation rating | | 1032 of 1097 | 105 of 111 |
| Asset utilization rating | | 239 of 1094 | 21 of 111 |
Financial ratios
| Funding ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 16% | 13% | 11% | 12% | 12% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 16% | 13% | 11% | 12% | 12% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 89% | 95% | 99% | 101% | 101% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 18% | 13% | 12% | 11% | 12% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 11% | 5% | 1% | -1% | -1% | 0% |
| Operating ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Program expense ratio Program expense ratio = Program services / Total expenses | 80% | 62% | 70% | 71% | 78% | 77% |
Spending ratio Spending ratio = Total expenses / Total revenue | 89% | 84% | 96% | 92% | 107% | 103% |
Program output ratio Program output ratio = Program services / Total revenue | 69% | 52% | 67% | 65% | 84% | 80% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 11% | 16% | 4% | 8% | -7% | -3% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 14% | 33% | 10% | 23% | -27% | -9% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 20% | 17% | 17% | 11% | 11% |
| Investing ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.80 | 1.68 | 2.06 | 1.98 | 3.55 | 2.91 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.04 | 1.02 | 1.06 | 1.11 | 1.03 | 1.04 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.72 | 1.72 | 2.18 | 2.21 | 3.66 | 3.02 |
| Liquidity ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Current ratio Current ratio = Total current assets / Total current liabilities | 10.55 | 38.74 | 26.03 | 11.30 | 15.30 | 82.56 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.09 | 0.03 | 0.04 | 0.09 | 0.07 | 0.01 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.95 | 6.81 | 5.30 | 4.95 | 3.07 | 3.93 |
| Solvency ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 12% | 7% | 17% | 20% | 10% | 7% |
Debt ratio Debt ratio = Debt / Total assets | 1% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 103% | 55% | 40% | 40% | 25% | 32% |
Financials
| Balance sheet | |||||
| Assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| Cash | $1,082,396 | $765,042 | $703,407 | $516,622 | $642,960 |
| Receivables, inventories, prepaids | $52,103 | $52,611 | $25,220 | $20,965 | $11,214 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,134,499 | $817,653 | $728,627 | $537,587 | $654,174 |
| Long-term investments | $22 | $19 | $20 | $17 | $17 |
| Fixed assets | $17,215 | $10,594 | $17,087 | $8,208 | $14,200 |
| Other long-term assets | $8,100 | $36,534 | $66,309 | $8,100 | $10,100 |
| Total long-term assets | $25,337 | $47,147 | $83,416 | $16,325 | $24,317 |
| Total assets | $1,159,836 | $864,800 | $812,043 | $553,912 | $678,491 |
| Liabilities | 2019 | 2018 | 2017 | 2016 | 2015 |
| Payables and accrued expenses | $29,282 | $31,406 | $32,259 | $35,130 | $7,924 |
| Other current liabilities | $0 | $0 | $32,200 | $0 | $0 |
| Total current liabilities | $29,282 | $31,406 | $64,459 | $35,130 | $7,924 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $52,268 | $114,777 | $97,620 | $17,667 | $36,289 |
| Total long-term liabilities | $52,268 | $114,777 | $97,620 | $17,667 | $36,289 |
| Total liabilities | $81,550 | $146,183 | $162,079 | $52,797 | $44,213 |
| Net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| Without donor restrictions | $1,013,868 | $718,617 | $649,964 | $501,115 | $629,278 |
| With donor restrictions | $64,418 | $0 | $0 | $0 | $5,000 |
| Net assets | $1,078,286 | $718,617 | $649,964 | $501,115 | $634,278 |
| Revenues and expenses | |||||
| Revenue | 2019 | 2018 | 2017 | 2016 | 2015 |
| Total contributions | $2,202,949 | $1,824,932 | $1,781,070 | $1,846,109 | $1,911,951 |
| Program service revenue | $103,088 | $22,752 | $2,374 | $8,952 | $12,029 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $2,571 | $520 | $330 | $594 | $669 |
| Other revenue | $0 | ($335) | ($24,068) | ($23,303) | ($6,683) |
| Total other revenue | $105,659 | $22,937 | ($21,364) | ($13,757) | $6,015 |
| Total revenue | $2,308,608 | $1,847,869 | $1,759,706 | $1,832,352 | $1,917,966 |
| Expenses | 2019 | 2018 | 2017 | 2016 | 2015 |
| Program services | $1,204,312 | $1,240,509 | $1,142,679 | $1,534,102 | $1,529,723 |
| Management and general | $384,920 | $302,086 | $274,488 | $216,636 | $207,659 |
| Fundraising | $359,706 | $236,621 | $193,690 | $214,777 | $237,291 |
| Total expenses | $1,948,938 | $1,779,216 | $1,610,857 | $1,965,515 | $1,974,673 |
| Change in net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| Surplus (deficit) | $359,670 | $68,653 | $148,849 | ($133,163) | ($56,707) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $359,670 | $68,653 | $148,849 | ($133,163) | ($56,707) |
Compensation
| Name | Title | Compensation |
| Cathi Herrod | President | $216,874 |
| Gary Paisley | VP Admin & Finance/Secreta (until 4-30-19) | $67,863 |
| Allison Macmurtrie | Chief of Staff/Secretary (as of 4-30-19) | $59,012 |
Compensation data as of: 12/31/2019
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