Quick charity verification for Permian Basin Regional Training Center (EIN: 204024297)
Verdict: Permian Basin Regional Training Center has notable concerns
10/100Mission Score
$0Revenue
$0Assets
2Red Flags
2Strengths
Red Flags
Latest financial data shows $0 revenue and assets, indicating a complete cessation of operations.
Expenses exceeded revenue in some active years (e.g., $243,278 expenses vs. $158,026 revenue in 2016), leading to deficits.
Strengths
Consistently reported 0% officer compensation, demonstrating a commitment to minimizing administrative costs in its active years.
Maintained positive net assets for several years during its operational period (e.g., $91,935 in 2016, $175,013 in 2015).
Spending Breakdown
How Permian Basin Regional Training Center allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Permian Basin Regional Training Center
Is Permian Basin Regional Training Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Permian Basin Regional Training Center (EIN: 204024297) has notable concerns. Mission Score: 10/100. 2 red flags identified, 2 strengths noted.
Is Permian Basin Regional Training Center a good charity to donate to?
Permian Basin Regional Training Center has a Mission Score of 10/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Permian Basin Regional Training Center?
The Employer Identification Number (EIN) for Permian Basin Regional Training Center is 204024297. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Permian Basin Regional Training Center spend its money?
Permian Basin Regional Training Center allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Permian Basin Regional Training Center's tax-exempt status?
You can verify Permian Basin Regional Training Center's tax-exempt status using EIN 204024297 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Permian Basin Regional Training Center appears to be in a state of dormancy or dissolution, as indicated by its latest reported revenue and assets of $0. This is a significant decline from its operational years, where it consistently reported revenues in the hundreds of thousands, such as $158,026 in 2016 and $314,270 in 2015. The organization's financial health has deteriorated, moving from positive net assets in prior years (e.g., $91,935 in 2016) to zero.
Spending efficiency cannot be accurately assessed for the current period due to the lack of financial activity. In its active years, the organization generally managed its expenses, though in some periods like 2016, expenses ($243,278) exceeded revenue ($158,026), leading to a deficit. The consistent reporting of $0 officer compensation across all available filings suggests a volunteer-led or very lean executive structure, which is a positive for efficiency if the programs were active. However, the current financial state raises concerns about its ability to fulfill any mission.
Transparency is generally good given the available IRS 990 filings, which provide a historical view of its operations. However, the abrupt cessation of financial activity to $0 revenue and assets without further context in the provided data could be a point of concern for stakeholders seeking to understand the organization's current status and future plans. Without more recent filings or public statements, the reason for this complete financial halt remains unclear.