Acapita Education Finance Corporation is a nonprofit organization categorized as Public Charity based in Waco, TX. Its most recent IRS filing (2022) reports revenue of $1.0B, expenses of $209K.
ACAPITA EDUCATION FINANCE CORPORATION (AEFC) IS A SECONDARY MARKET OF COLLEGE STUDENT LOANS UNDER THE FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFELP). AEFC'S MISSION IS TO MAKE EDUCATION A REALITY BY SUPPORTING PROGRAMS AND INITIATIVES TO FINANCE EDUCATIONAL OPPORTUNITIES.
How Acapita Education Finance Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2022. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2022 | $1.0B | $209K | — |
| 2021 | $38.2M | $48.8M | $191.9M |
| 2020 | $28.9M | $68.9M | $862.4M |
| 2019 | $28.5M | $88.1M | $988.0M |
| 2018 | $52.8M | $89.1M | $1.1B |
Between 2018 and 2022, reported annual revenue grew from $52.8M to $1.0B (+1852%).
Interactive year-over-year charts and full filing details available with membership.
