Center For Applied Research & Technology Inc
Center For Applied Research & Technology Inc shows strong financial growth and zero executive compensation.
EIN: 200173258 · Princeton, WV · NTEE: B990 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $462K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.2 |
| Net Assets | $1.8M |
| Transparency Score | 95/100 |
Is Center For Applied Research & Technology Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Center For Applied Research & Technology Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Center For Applied Research & Technology Inc
Center For Applied Research & Technology Inc (EIN: 200173258) is a nonprofit organization based in Princeton, WV, classified under NTEE code B990. The organization reported total revenue of $1.2M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Applied Research & Technology Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For Applied Research & Technology Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $957K |
| Total Expenses | $462K |
| Surplus / Deficit | +$494K |
| Total Assets | $1.8M |
| Total Liabilities | $9K |
| Net Assets | $1.8M |
| Operating Margin | 51.7% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 46.5 months |
Financial Health Grade: A
In 2023, Center For Applied Research & Technology Inc reported a surplus of $494K with revenue exceeding expenses, holds 46.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Center For Applied Research & Technology Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +56.2% | +40.6% | +38.8% |
| 2022 | -11.8% | +15.7% | +28.0% |
| 2021 | +63.2% | +3.3% | +59.4% |
| 2020 | +9.5% | -0.3% | +40.7% |
| 2019 | -34.1% | +30.9% | +33.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Center For Applied Research & Technology Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Center For Applied Research & Technology Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $494K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization of its size with over $1.2 million in latest revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Center For Applied Research & Technology Inc's IRS 990 filings:
- Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided data, making precise efficiency analysis difficult.
Strengths
The following positive indicators were identified for Center For Applied Research & Technology Inc:
- Consistent and significant revenue growth, from $388,755 in 2019 to $956,570 in 2023.
- Strong asset accumulation, growing from $449,491 in 2019 to $1,791,145 in 2023.
- 0% officer compensation reported across all filings, indicating high resource allocation to mission.
- Expenses consistently well below revenue in recent years, demonstrating efficient financial management.
- Long history of IRS 990 filings (13 filings), suggesting good transparency and compliance.
Frequently Asked Questions about Center For Applied Research & Technology Inc
Is Center For Applied Research & Technology Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For Applied Research & Technology Inc (EIN: 200173258) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Center For Applied Research & Technology Inc spend its money?
Center For Applied Research & Technology Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Center For Applied Research & Technology Inc tax-deductible?
Center For Applied Research & Technology Inc is registered as a tax-exempt nonprofit (EIN: 200173258). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Center For Applied Research & Technology Inc CEO make?
Center For Applied Research & Technology Inc's highest-compensated officer earns $1.2 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Center For Applied Research & Technology Inc's spending goes to programs?
Center For Applied Research & Technology Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Center For Applied Research & Technology Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Center For Applied Research & Technology Inc is above average for NTEE category B990 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Center For Applied Research & Technology Inc located?
Center For Applied Research & Technology Inc is headquartered in Princeton, West Virginia and files with the IRS under EIN 200173258. It is classified under NTEE code B990.
How many years of IRS 990 filings does Center For Applied Research & Technology Inc have?
Center For Applied Research & Technology Inc has 13 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 $1.2M in total revenue.
Is Center For Applied Research & Technology Inc a good charity?
Based on the provided financial data, the Center For Applied Research & Technology Inc appears to be a very good charity. It demonstrates strong financial growth, efficient spending with expenses significantly lower than revenue, and a remarkable commitment to its mission by reporting 0% officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown from $26,920 in 2014 to $956,570 in 2023, and assets have increased from $80,490 to $1,791,145 in the same period, indicating robust growth and financial stability.
What is the trend in the organization's assets?
The organization's assets have shown a strong and consistent upward trend, growing from $57,216 in 2017 to $1,791,145 in 2023, reflecting effective financial management and accumulation of resources.
Filing History
IRS 990 filing history for Center For Applied Research & Technology Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Center For Applied Research & Technology Inc's revenue has grown by 386%, moving from $197K to $957K. Total assets increased by 1115.1% over the same period, from $147K to $1.8M. Total functional expenses rose by 170.7%, from $171K to $462K. In its most recent filing year (2023), Center For Applied Research & Technology Inc reported a surplus of $494K, with revenue exceeding expenses. The organization holds $9K in liabilities against $1.8M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $957K | $462K | $1.8M | $9K | — | View 990 |
| 2022 | $612K | $329K | $1.3M | $2K | — | View 990 |
| 2021 | $695K | $284K | $1.0M | $3K | — | View 990 |
| 2020 | $426K | $275K | $632K | $38K | — | View 990 |
| 2019 | $389K | $276K | $449K | $5K | — | View 990 |
| 2018 | $590K | $211K | $336K | $5K | — | View 990 |
| 2017 | $89K | $199K | $57K | $104K | — | View 990 |
| 2016 | $162K | $193K | $67K | $5K | — | View 990 |
| 2015 | $215K | $197K | $98K | $4K | — | View 990 |
| 2014 | $27K | $180K | $80K | $5K | — | View 990 |
| 2013 | $222K | $188K | $234K | $5K | — | View 990 |
| 2012 | $244K | $194K | $197K | $2K | — | View 990 |
| 2011 | $197K | $171K | $147K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $957K, expenses of $462K, and assets of $1.8M (revenue +56.2% year-over-year).
- 2022: Revenue of $612K, expenses of $329K, and assets of $1.3M (revenue -11.8% year-over-year).
- 2021: Revenue of $695K, expenses of $284K, and assets of $1.0M (revenue +63.2% year-over-year).
- 2020: Revenue of $426K, expenses of $275K, and assets of $632K (revenue +9.5% year-over-year).
- 2019: Revenue of $389K, expenses of $276K, and assets of $449K (revenue -34.1% year-over-year).
- 2018: Revenue of $590K, expenses of $211K, and assets of $336K (revenue +563.7% year-over-year).
- 2017: Revenue of $89K, expenses of $199K, and assets of $57K (revenue -45.1% year-over-year).
- 2016: Revenue of $162K, expenses of $193K, and assets of $67K (revenue -24.6% year-over-year).
- 2015: Revenue of $215K, expenses of $197K, and assets of $98K (revenue +697.3% year-over-year).
- 2014: Revenue of $27K, expenses of $180K, and assets of $80K (revenue -87.9% year-over-year).
- 2013: Revenue of $222K, expenses of $188K, and assets of $234K (revenue -9.3% year-over-year).
- 2012: Revenue of $244K, expenses of $194K, and assets of $197K (revenue +24.1% year-over-year).
- 2011: Revenue of $197K, expenses of $171K, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center For Applied Research & Technology Inc:
Data Sources and Methodology
This transparency report for Center For Applied Research & Technology Inc 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.