Business Training & Resource Center
EIN: 464634013 · Orem, UT · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $5.2M |
| Net Assets | $1.2M |
Is Business Training & Resource Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Business Training & Resource Center
Business Training & Resource Center (EIN: 464634013) is a nonprofit organization based in Orem, UT, classified under NTEE code S40. The organization reported total revenue of $4.9M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Business Training & Resource Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Business Training & Resource Center is a mid-size nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 76.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.9M |
| Total Expenses | $5.2M |
| Surplus / Deficit | $-317,846 |
| Total Assets | $1.6M |
| Total Liabilities | $459K |
| Net Assets | $1.2M |
| Operating Margin | -6.5% |
| Debt-to-Asset Ratio | 28.3% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2023, Business Training & Resource Center reported a deficit of $318K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 28.3% (moderate leverage).
Financial Trends
Over 7 years of filings (2014–2023), Business Training & Resource Center's revenue has grown at a compound annual growth rate (CAGR) of 76.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.2% | +29.9% | -36.7% |
| 2022 | +20.4% | +20.5% | +165.6% |
| 2021 | +83.7% | +44.2% | -39.0% |
| 2020 | +142.2% | +188.8% | +652.6% |
| 2019 | +5619.4% | +4410.3% | +131950.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Business Training & Resource Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Business Training & Resource Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $318K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.3%.
Frequently Asked Questions about Business Training & Resource Center
Is Business Training & Resource Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Business Training & Resource Center (EIN: 464634013) insufficient data. 0 red flags identified, 0 strengths noted.
How does Business Training & Resource Center spend its money?
Detailed spending breakdown data is not yet available for Business Training & Resource Center. Check back for updated IRS 990 analysis.
Are donations to Business Training & Resource Center tax-deductible?
Business Training & Resource Center is registered as a tax-exempt nonprofit (EIN: 464634013). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Business Training & Resource Center located?
Business Training & Resource Center is headquartered in Orem, Utah and files with the IRS under EIN 464634013. It is classified under NTEE code S40.
How many years of IRS 990 filings does Business Training & Resource Center have?
Business Training & Resource Center has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.9M in total revenue.
Filing History
IRS 990 filing history for Business Training & Resource Center showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Business Training & Resource Center's revenue has grown by 16512.2%, moving from $29K to $4.9M. Total assets increased by 6760.3% over the same period, from $24K to $1.6M. Total functional expenses rose by 18380.8%, from $28K to $5.2M. In its most recent filing year (2023), Business Training & Resource Center reported a deficit of $318K, with expenses exceeding revenue. The organization holds $459K in liabilities against $1.6M in assets (debt-to-asset ratio: 28.3%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.9M | $5.2M | $1.6M | $459K | — | — |
| 2022 | $4.8M | $4.0M | $2.6M | $1.1M | — | View 990 |
| 2021 | $4.0M | $3.3M | $964K | $303K | — | View 990 |
| 2020 | $2.2M | $2.3M | $1.6M | $1.6M | — | — |
| 2019 | $898K | $795K | $210K | $108K | — | View 990 |
| 2015 | $16K | $18K | $159 | $853 | — | View 990 |
| 2014 | $29K | $28K | $24K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.9M, expenses of $5.2M, and assets of $1.6M (revenue +1.2% year-over-year).
- 2022: Revenue of $4.8M, expenses of $4.0M, and assets of $2.6M (revenue +20.4% year-over-year).
- 2021: Revenue of $4.0M, expenses of $3.3M, and assets of $964K (revenue +83.7% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.3M, and assets of $1.6M (revenue +142.2% year-over-year).
- 2019: Revenue of $898K, expenses of $795K, and assets of $210K (revenue +5619.4% year-over-year).
- 2015: Revenue of $16K, expenses of $18K, and assets of $159 (revenue -46.4% year-over-year).
- 2014: Revenue of $29K, expenses of $28K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Business Training & Resource Center:
Data Sources and Methodology
This transparency report for Business Training & Resource Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.