Center For Energy Workforcedevelopment
Center For Energy Workforcedevelopment shows strong revenue growth and asset accumulation, with no reported officer compensation.
EIN: 204504014 · Washington, DC · NTEE: T990 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $2.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $2.1M |
| Transparency Score | 75/100 |
Is Center For Energy Workforcedevelopment Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Center For Energy Workforcedevelopment directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Center For Energy Workforcedevelopment
Center For Energy Workforcedevelopment (EIN: 204504014) is a nonprofit organization based in Washington, DC, classified under NTEE code T990. The organization reported total revenue of $1.9M 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 Energy Workforcedevelopment's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For Energy Workforcedevelopment is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $2.9M |
| Total Liabilities | $824K |
| Net Assets | $2.1M |
| Operating Margin | 34.7% |
| Debt-to-Asset Ratio | 28.0% |
| Months of Reserves | 15.7 months |
Financial Health Grade: A
In 2023, Center For Energy Workforcedevelopment reported a surplus of $1.2M with revenue exceeding expenses, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 28.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Center For Energy Workforcedevelopment's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +114.8% | +23.1% | +82.4% |
| 2022 | -18.0% | +48.7% | -14.6% |
| 2021 | +81.8% | +16.5% | +140.2% |
| 2020 | -15.9% | -23.5% | +26.9% |
| 2019 | -2.5% | +10.6% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Energy Workforcedevelopment with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Center For Energy Workforcedevelopment allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, which is unusual for an organization of its size with revenues exceeding $1 million. This either indicates a reliance on volunteer leadership, compensation structured outside of typical officer categories, or a lack of transparency in reporting executive pay.
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 Energy Workforcedevelopment's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of transparency in executive pay.
- NTEE code T990 (Unknown) suggests a lack of specific categorization for its mission, potentially hindering donor understanding.
- Significant fluctuations in liabilities, reaching $823,884 in 202312, warrant further investigation into their nature and management.
Strengths
The following positive indicators were identified for Center For Energy Workforcedevelopment:
- Strong revenue growth, with 202312 revenue at $3,442,845, significantly higher than previous years.
- Consistent asset growth, reaching $2,939,791 in 202312, indicating increasing financial stability.
- Positive net income in the most recent filing (202312), with revenue exceeding expenses by over $1.1 million.
Frequently Asked Questions about Center For Energy Workforcedevelopment
Is Center For Energy Workforcedevelopment a legitimate charity?
Center For Energy Workforcedevelopment (EIN: 204504014) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.9M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Center For Energy Workforcedevelopment spend its money?
Center For Energy Workforcedevelopment directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Center For Energy Workforcedevelopment tax-deductible?
Center For Energy Workforcedevelopment is registered as a tax-exempt nonprofit (EIN: 204504014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Center For Energy Workforcedevelopment CEO make?
Center For Energy Workforcedevelopment's highest-compensated officer earns $1 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Center For Energy Workforcedevelopment's spending goes to programs?
Center For Energy Workforcedevelopment directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Center For Energy Workforcedevelopment compare to similar nonprofits?
With a transparency score of 75/100 (Good), Center For Energy Workforcedevelopment is above average for NTEE category T990 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Center For Energy Workforcedevelopment located?
Center For Energy Workforcedevelopment is headquartered in Washington, Washington DC and files with the IRS under EIN 204504014. It is classified under NTEE code T990.
How many years of IRS 990 filings does Center For Energy Workforcedevelopment have?
Center For Energy Workforcedevelopment 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 $1.9M in total revenue.
How does the Center For Energy Workforcedevelopment compensate its executive leadership if officer compensation is consistently reported as 0%?
The filings consistently show 0% officer compensation. This could mean executives are volunteers, compensated through other means not classified as 'officer compensation' on the 990, or that the organization's structure does not include paid officers in the traditional sense. Further inquiry into their financial statements would be needed to clarify.
What is the specific programmatic focus of the Center For Energy Workforcedevelopment, given its NTEE code T990 (Unknown)?
The NTEE code T990 indicates an 'Unknown' or unclassified category. This suggests a lack of specific categorization for its mission, which could make it difficult for donors to understand its exact programmatic activities without further information from the organization itself.
What is the organization's strategy for managing its liabilities, which have fluctuated significantly, reaching $823,884 in 202312?
Liabilities have shown considerable fluctuation, from a low of $98,307 in 201812 to a high of $823,884 in 202312. While assets have grown, understanding the nature of these liabilities (e.g., program-related payables, deferred revenue) is important for a complete financial picture.
Filing History
IRS 990 filing history for Center For Energy Workforcedevelopment showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Center For Energy Workforcedevelopment's revenue has grown by 102.4%, moving from $1.7M to $3.4M. Total assets increased by 109.1% over the same period, from $1.4M to $2.9M. Total functional expenses rose by 39.4%, from $1.6M to $2.2M. In its most recent filing year (2023), Center For Energy Workforcedevelopment reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $824K in liabilities against $2.9M in assets (debt-to-asset ratio: 28.0%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $2.2M | $2.9M | $824K | — | — |
| 2022 | $1.6M | $1.8M | $1.6M | $690K | — | View 990 |
| 2021 | $2.0M | $1.2M | $1.9M | $741K | — | View 990 |
| 2020 | $1.1M | $1.1M | $785K | $366K | — | View 990 |
| 2019 | $1.3M | $1.4M | $619K | $220K | — | View 990 |
| 2018 | $1.3M | $1.2M | $598K | $98K | — | View 990 |
| 2017 | $1.3M | $1.4M | $624K | $187K | — | View 990 |
| 2016 | $1.4M | $1.6M | $812K | $253K | — | View 990 |
| 2015 | $1.6M | $1.7M | $938K | $164K | — | View 990 |
| 2014 | $1.6M | $1.9M | $1.3M | $465K | — | View 990 |
| 2013 | $2.0M | $1.8M | $1.4M | $264K | — | View 990 |
| 2012 | $1.3M | $1.4M | $1.3M | $416K | — | View 990 |
| 2011 | $1.7M | $1.6M | $1.4M | $448K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $2.2M, and assets of $2.9M (revenue +114.8% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.8M, and assets of $1.6M (revenue -18.0% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.2M, and assets of $1.9M (revenue +81.8% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $785K (revenue -15.9% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.4M, and assets of $619K (revenue -2.5% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $598K (revenue +0.9% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.4M, and assets of $624K (revenue -7.8% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.6M, and assets of $812K (revenue -14.2% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.7M, and assets of $938K (revenue +5.7% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.9M, and assets of $1.3M (revenue -23.3% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.8M, and assets of $1.4M (revenue +55.8% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.4M, and assets of $1.3M (revenue -23.5% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.6M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center For Energy Workforcedevelopment:
Data Sources and Methodology
This transparency report for Center For Energy Workforcedevelopment 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.