Central Terminal Restoration Corp
Central Terminal Restoration Corp shows strong asset growth and zero executive compensation over a decade.
EIN: 161536196 · Buffalo, NY · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $471K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $21 |
| Net Assets | $8.7M |
| Transparency Score | 95/100 |
Is Central Terminal Restoration Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Central Terminal Restoration Corp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Central Terminal Restoration Corp
Central Terminal Restoration Corp (EIN: 161536196) is a nonprofit organization based in Buffalo, NY, classified under NTEE code A80. The organization reported total revenue of $3.1M and total assets of $21.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Terminal Restoration Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Terminal Restoration Corp is a mid-size nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 21.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $471K |
| Surplus / Deficit | +$1.3M |
| Total Assets | $19.2M |
| Total Liabilities | $10.4M |
| Net Assets | $8.7M |
| Operating Margin | 73.2% |
| Debt-to-Asset Ratio | 54.5% |
| Months of Reserves | 488.0 months |
Financial Health Grade: A
In 2023, Central Terminal Restoration Corp reported a surplus of $1.3M with revenue exceeding expenses, holds 488.0 months of operating reserves (strong position), has a debt-to-asset ratio of 54.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Central Terminal Restoration Corp's revenue has grown at a compound annual growth rate (CAGR) of 21.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +121.6% | +25.1% | +12.5% |
| 2022 | -79.5% | +37.9% | -8.3% |
| 2021 | +136.4% | +32.8% | +25.3% |
| 2020 | +258.5% | +147.5% | +547.5% |
| 2019 | +148.6% | +104.4% | +26.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Central Terminal Restoration Corp 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Central Terminal Restoration Corp allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 54.5%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available IRS 990 filings, indicating that no officers or key employees received salaries from the organization. This is highly unusual for an organization of its size with over $21 million in assets and millions in annual revenue, suggesting a volunteer-led or externally funded leadership structure.
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 Central Terminal Restoration Corp's IRS 990 filings:
- Lack of detailed expense breakdown in public filings (e.g., specific program vs. admin costs) makes precise efficiency analysis challenging.
- Significant liabilities relative to assets in some years (e.g., $11.55M liabilities vs. $18.56M assets in 2021) warrant closer examination of debt structure.
Strengths
The following positive indicators were identified for Central Terminal Restoration Corp:
- Consistent zero executive compensation across all filings, indicating strong dedication to mission and efficient use of funds.
- Substantial asset growth from $1.45 million in 2014 to over $21 million currently, demonstrating successful fundraising and long-term financial stability.
- Strong program focus implied by the nature of a restoration corporation and lean operational expenses.
- Positive net assets, with assets consistently exceeding liabilities, indicating good financial health.
- Consistent filing history, demonstrating transparency and compliance with IRS regulations.
Frequently Asked Questions about Central Terminal Restoration Corp
Is Central Terminal Restoration Corp a legitimate charity?
Central Terminal Restoration Corp (EIN: 161536196) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.1M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Central Terminal Restoration Corp spend its money?
Central Terminal Restoration Corp directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Central Terminal Restoration Corp tax-deductible?
Central Terminal Restoration Corp is registered as a tax-exempt nonprofit (EIN: 161536196). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Central Terminal Restoration Corp CEO make?
Central Terminal Restoration Corp's highest-compensated officer earns $21 annually. The organization reported $3.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Central Terminal Restoration Corp's spending goes to programs?
Central Terminal Restoration Corp directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Central Terminal Restoration Corp compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Central Terminal Restoration Corp is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Central Terminal Restoration Corp located?
Central Terminal Restoration Corp is headquartered in Buffalo, New York and files with the IRS under EIN 161536196. It is classified under NTEE code A80.
How many years of IRS 990 filings does Central Terminal Restoration Corp have?
Central Terminal Restoration Corp 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 $3.1M in total revenue.
Is Central Terminal Restoration Corp a good charity?
Based on the available data, Central Terminal Restoration Corp appears to be a very good charity. It demonstrates strong financial health with significant asset growth, zero executive compensation, and a clear focus on its mission as indicated by its lean operational expenses relative to revenue.
How does Central Terminal Restoration Corp manage its executive leadership without compensation?
The IRS 990 filings consistently report 0% officer compensation, suggesting that the organization's leadership may be entirely volunteer-based, or their compensation is covered by other entities, or they are compensated through non-reportable means. This practice significantly reduces administrative overhead.
What is the trend in Central Terminal Restoration Corp's financial growth?
Central Terminal Restoration Corp has shown substantial financial growth, with assets increasing from $1.45 million in 2014 to $21.29 million currently. Revenue has also seen significant fluctuations but generally an upward trend, peaking at $3.85 million in 2021.
How efficient is Central Terminal Restoration Corp's spending?
The organization appears highly efficient, especially considering the consistent 0% officer compensation. For example, in 2023, expenses were $471,039 against $1.75 million in revenue, indicating a significant portion of funds are retained or directed towards long-term assets rather than immediate operational costs, which is typical for restoration projects.
Filing History
IRS 990 filing history for Central Terminal Restoration Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Central Terminal Restoration Corp's revenue has grown by 891.5%, moving from $177K to $1.8M. Total assets increased by 1130.6% over the same period, from $1.6M to $19.2M. Total functional expenses rose by 214.8%, from $150K to $471K. In its most recent filing year (2023), Central Terminal Restoration Corp reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $10.4M in liabilities against $19.2M in assets (debt-to-asset ratio: 54.5%), resulting in net assets of $8.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $471K | $19.2M | $10.4M | — | — |
| 2022 | $792K | $377K | $17.0M | $9.6M | — | — |
| 2021 | $3.9M | $273K | $18.6M | $11.6M | — | View 990 |
| 2020 | $1.6M | $206K | $14.8M | $11.4M | — | — |
| 2019 | $455K | $83K | $2.3M | $290K | — | View 990 |
| 2018 | $183K | $41K | $1.8M | $176K | — | View 990 |
| 2017 | $279K | $203K | $1.6M | $138K | — | View 990 |
| 2016 | $78K | $106K | $1.5M | $44K | — | View 990 |
| 2015 | $51K | $42K | $1.5M | $64K | — | View 990 |
| 2014 | $81K | $82K | $1.5M | $3K | — | View 990 |
| 2013 | $220K | $123K | $1.8M | $319K | — | View 990 |
| 2012 | $231K | $127K | $1.7M | $329K | — | View 990 |
| 2011 | $177K | $150K | $1.6M | $308K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $471K, and assets of $19.2M (revenue +121.6% year-over-year).
- 2022: Revenue of $792K, expenses of $377K, and assets of $17.0M (revenue -79.5% year-over-year).
- 2021: Revenue of $3.9M, expenses of $273K, and assets of $18.6M (revenue +136.4% year-over-year).
- 2020: Revenue of $1.6M, expenses of $206K, and assets of $14.8M (revenue +258.5% year-over-year).
- 2019: Revenue of $455K, expenses of $83K, and assets of $2.3M (revenue +148.6% year-over-year).
- 2018: Revenue of $183K, expenses of $41K, and assets of $1.8M (revenue -34.3% year-over-year).
- 2017: Revenue of $279K, expenses of $203K, and assets of $1.6M (revenue +254.9% year-over-year).
- 2016: Revenue of $78K, expenses of $106K, and assets of $1.5M (revenue +54.9% year-over-year).
- 2015: Revenue of $51K, expenses of $42K, and assets of $1.5M (revenue -37.3% year-over-year).
- 2014: Revenue of $81K, expenses of $82K, and assets of $1.5M (revenue -63.3% year-over-year).
- 2013: Revenue of $220K, expenses of $123K, and assets of $1.8M (revenue -4.7% year-over-year).
- 2012: Revenue of $231K, expenses of $127K, and assets of $1.7M (revenue +30.5% year-over-year).
- 2011: Revenue of $177K, expenses of $150K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Terminal Restoration Corp:
Data Sources and Methodology
This transparency report for Central Terminal Restoration Corp 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.