Certsgroup Foundation
Certsgroup Foundation shows volatile revenue and expense patterns with no officer compensation and growing assets.
EIN: 204137065 · Draper, UT · NTEE: E12 · Updated: 2026-03-28
About Certsgroup Foundation
Certsgroup Foundation (EIN: 204137065) is a nonprofit organization based in Draper, UT, classified under NTEE code E12. The organization reported total revenue of $375K and total assets of $307K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Certsgroup Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Certsgroup Foundation with a Mission Score of 70 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, Certsgroup Foundation 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.
Executive Compensation Analysis
Certsgroup Foundation consistently reports 0% officer compensation across all available filings, indicating that no executives or officers are paid, which is a strong positive for donor confidence and resource allocation directly to the mission.
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 Certsgroup Foundation's IRS 990 filings:
- Highly volatile revenue and expense patterns, making financial planning and sustainability uncertain.
- Significant deficit spending in some years (e.g., 2023: Expenses $29,836, Revenue $7,888).
- Lack of detailed expense breakdown in provided data, hindering assessment of program efficiency.
Strengths
The following positive indicators were identified for Certsgroup Foundation:
- Consistent reporting of 0% officer compensation, indicating strong financial ethics and direct resource allocation.
- Minimal liabilities reported across all filings, suggesting sound financial management of debt.
- Consistent growth in assets over time, from $112 in 2011 to $299,335 in 2023, indicating long-term financial accumulation.
Frequently Asked Questions about Certsgroup Foundation
Is Certsgroup Foundation financially stable given its fluctuating revenue?
While Certsgroup Foundation has experienced significant revenue fluctuations, such as a negative revenue year in 2020 ($-7,923) and a high of $156,245 in 2015, its assets have shown consistent growth, reaching $299,335 in 2023. This asset growth, coupled with minimal liabilities, suggests a degree of underlying financial stability despite operational volatility.
What is the primary use of Certsgroup Foundation's funds?
Based on the provided data, a detailed breakdown of expenses is not available. However, the consistent reporting of 0% officer compensation suggests that funds are not being used for executive salaries. Without further detail on program, administrative, and fundraising expenses, it's difficult to definitively state the primary use of funds beyond general operational costs and asset accumulation.
How does Certsgroup Foundation's spending efficiency compare to other nonprofits?
Certsgroup Foundation's spending efficiency is difficult to fully assess without a detailed breakdown of program vs. administrative costs. However, the fact that expenses exceeded revenue in 2023 ($29,836 vs. $7,888) indicates a year of inefficient spending relative to income. Conversely, in 2022, expenses were very low ($1,931) compared to revenue ($40,652), suggesting high efficiency in that period. The overall picture is inconsistent.
Filing History
IRS 990 filing history for Certsgroup Foundation showing financial trends over 10 years of public records:
Total assets increased by 267163.4% over the same period, from $112 to $299K. In its most recent filing year (2023), Certsgroup Foundation reported a deficit of $22K, with expenses exceeding revenue. The organization holds $1 in liabilities against $299K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $299K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $30K | $299K | $1 | — | — |
| 2022 | $41K | $2K | $321K | $1 | — | — |
| 2021 | $40K | $23K | $283K | $1 | — | — |
| 2020 | $-7,923 | $3 | $265K | $1 | — | — |
| 2019 | $13K | $18K | $273K | $1 | — | View 990 |
| 2015 | $156K | $593 | $162K | $1 | — | View 990 |
| 2014 | $3K | $0 | $7K | $1 | — | View 990 |
| 2013 | $4K | $0 | $4K | $0 | — | View 990 |
| 2012 | $1 | $0 | $112 | $0 | — | View 990 |
| 2011 | $0 | $0 | $112 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $30K, and assets of $299K (revenue -80.6% year-over-year).
- 2022: Revenue of $41K, expenses of $2K, and assets of $321K (revenue +1.2% year-over-year).
- 2021: Revenue of $40K, expenses of $23K, and assets of $283K.
- 2020: Revenue of $-7,923, expenses of $3, and assets of $265K (revenue -159.2% year-over-year).
- 2019: Revenue of $13K, expenses of $18K, and assets of $273K (revenue -91.4% year-over-year).
- 2015: Revenue of $156K, expenses of $593, and assets of $162K (revenue +5097.8% year-over-year).
- 2014: Revenue of $3K, expenses of $0, and assets of $7K (revenue -14.1% year-over-year).
- 2013: Revenue of $4K, expenses of $0, and assets of $4K (revenue +350000.0% year-over-year).
- 2012: Revenue of $1, expenses of $0, and assets of $112.
- 2011: Revenue of $0, expenses of $0, and assets of $112.
Data Sources and Methodology
This transparency report for Certsgroup Foundation 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.