Center For Transformation &Training
Center For Transformation & Training maintains stable finances with growing assets and no reported officer compensation.
EIN: 204200261 · New Hope, MN · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $223K |
| Total Expenses | $217K |
| Program Spending | 80% |
| Net Assets | $313K |
| Transparency Score | 85/100 |
Is Center For Transformation &Training Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Center For Transformation &Training directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Center For Transformation &Training
Center For Transformation &Training (EIN: 204200261) is a nonprofit organization based in New Hope, MN, classified under NTEE code X20. The organization reported total revenue of $223K and total assets of $310K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Transformation &Training's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For Transformation &Training is a small nonprofit that has been operating for 19 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $286K |
| Total Expenses | $217K |
| Surplus / Deficit | +$70K |
| Total Assets | $314K |
| Total Liabilities | $1K |
| Net Assets | $313K |
| Operating Margin | 24.3% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 17.4 months |
Financial Health Grade: A
In 2023, Center For Transformation &Training reported a surplus of $70K with revenue exceeding expenses, holds 17.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Center For Transformation &Training's revenue has declined at a compound annual growth rate (CAGR) of -6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +113.4% | +8.7% | +27.7% |
| 2022 | -42.2% | +26.8% | -20.6% |
| 2021 | -33.6% | -13.5% | +30.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| 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 Transformation &Training with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Center For Transformation &Training 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 $70K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer channels, which is a strong positive for donor perception and resource allocation.
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 Transformation &Training's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise efficiency assessment difficult.
- Expenses exceeded revenue in 2022 ($199,333 expenses vs. $134,168 revenue), indicating a deficit for that specific period.
Strengths
The following positive indicators were identified for Center For Transformation &Training:
- Consistent IRS 990 filing history, indicating good transparency.
- Zero reported officer compensation across all filings, suggesting high dedication of resources to mission.
- Low liabilities ($1,228 in 2023) indicating minimal debt and strong financial health.
- Growing asset base, from $236,840 in 2020 to $314,240 in 2023, demonstrating financial stability and growth.
- Overall expenses generally lower than revenue, indicating fiscal prudence in most periods.
Frequently Asked Questions about Center For Transformation &Training
Is Center For Transformation &Training a legitimate charity?
Center For Transformation &Training (EIN: 204200261) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 85/100. It has 4 years of IRS 990 filings on record. Total revenue: $223K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Center For Transformation &Training spend its money?
Center For Transformation &Training directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Center For Transformation &Training tax-deductible?
Center For Transformation &Training is registered as a tax-exempt nonprofit (EIN: 204200261). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Center For Transformation &Training's spending goes to programs?
Center For Transformation &Training directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Center For Transformation &Training compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Center For Transformation &Training is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Center For Transformation &Training located?
Center For Transformation &Training is headquartered in New Hope, Minnesota and files with the IRS under EIN 204200261. It is classified under NTEE code X20.
How many years of IRS 990 filings does Center For Transformation &Training have?
Center For Transformation &Training has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $223K in total revenue.
Is Center For Transformation & Training a good charity?
Based on the available IRS 990 data, the Center For Transformation & Training appears to be a financially sound organization. It consistently files its 990s, maintains low liabilities, and has growing assets. A significant positive is the reported 0% officer compensation, suggesting a strong commitment to directing funds to its mission. While a detailed expense breakdown is not provided, the overall financial health and transparency indicators are positive.
How does the organization manage its finances?
The organization demonstrates good financial management by consistently generating surpluses in most years (e.g., $286,281 revenue vs. $216,641 expenses in 2023) and maintaining very low liabilities (e.g., $1,228 in 2023). Assets have steadily increased from $236,840 in 2020 to $314,240 in 2023, indicating responsible stewardship of resources.
What is the trend in the organization's revenue and expenses?
Revenue has fluctuated, peaking at $349,664 in 2020 and $286,281 in 2023, with a dip to $134,168 in 2022. Expenses have generally been lower than revenue in most periods, ranging from $157,165 to $216,641, except for 2022 where expenses ($199,333) exceeded revenue ($134,168).
Filing History
IRS 990 filing history for Center For Transformation &Training showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Center For Transformation &Training's revenue has declined by 18.1%, moving from $350K to $286K. Total assets increased by 32.7% over the same period, from $237K to $314K. Total functional expenses rose by 19.3%, from $182K to $217K. In its most recent filing year (2023), Center For Transformation &Training reported a surplus of $70K, with revenue exceeding expenses. The organization holds $1K in liabilities against $314K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $313K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $286K | $217K | $314K | $1K | — | View 990 |
| 2022 | $134K | $199K | $246K | $3K | — | View 990 |
| 2021 | $232K | $157K | $310K | $1K | — | View 990 |
| 2020 | $350K | $182K | $237K | $3K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $286K, expenses of $217K, and assets of $314K (revenue +113.4% year-over-year).
- 2022: Revenue of $134K, expenses of $199K, and assets of $246K (revenue -42.2% year-over-year).
- 2021: Revenue of $232K, expenses of $157K, and assets of $310K (revenue -33.6% year-over-year).
- 2020: Revenue of $350K, expenses of $182K, and assets of $237K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center For Transformation &Training:
Data Sources and Methodology
This transparency report for Center For Transformation &Training 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.