Consortium For Worker Education Inc
Consortium For Worker Education Inc consistently deploys nearly all revenue to expenses with no reported officer compensation.
EIN: 133564313 · New York, NY · NTEE: J200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28.6M |
| Total Expenses | $26.8M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $3.5M |
| Transparency Score | 90/100 |
Is Consortium For Worker Education Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Consortium For Worker Education Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Consortium For Worker Education Inc
Consortium For Worker Education Inc (EIN: 133564313) is a nonprofit organization based in New York, NY, classified under NTEE code J200. The organization reported total revenue of $28.6M and total assets of $23.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Consortium For Worker Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Consortium For Worker Education Inc is a large nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27.2M |
| Total Expenses | $26.8M |
| Surplus / Deficit | +$436K |
| Total Assets | $23.4M |
| Total Liabilities | $19.8M |
| Net Assets | $3.5M |
| Operating Margin | 1.6% |
| Debt-to-Asset Ratio | 84.9% |
| Months of Reserves | 10.5 months |
Financial Health Grade: A
In 2023, Consortium For Worker Education Inc reported a surplus of $436K with revenue exceeding expenses, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 84.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Consortium For Worker Education Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.2% | -8.5% | -3.6% |
| 2022 | +29.1% | +13.4% | -10.6% |
| 2021 | -5.5% | +10.2% | +5.3% |
| 2020 | +3.3% | +0.2% | +129.9% |
| 2019 | +0.5% | +0.1% | +6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Consortium For Worker Education Inc with a Mission Score of 90 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: 3%
- programs: 95%
- fundraising: 2%
According to IRS 990 filings, Consortium For Worker Education Inc allocates its expenses as follows: admin: 3%, programs: 95%, fundraising: 2%. With 95% 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 $436K, with revenue exceeding expenses.
- Debt-to-asset ratio: 84.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size with revenues exceeding $20 million annually.
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 Consortium For Worker Education Inc's IRS 990 filings:
- Significant growth in liabilities alongside assets, reaching $19,843,098 in 2023, warrants monitoring.
Strengths
The following positive indicators were identified for Consortium For Worker Education Inc:
- Consistent deployment of nearly all revenue to expenses, indicating high spending efficiency (e.g., 2023: $27,203,507 revenue vs. $26,767,522 expenses).
- No reported officer compensation across all 13 filings, demonstrating strong commitment to mission and transparency.
- Substantial asset growth from $7,302,958 in 2014 to $23,372,754 in 2023, indicating financial stability and capacity.
- Stable and growing revenue stream over the past decade, from $19,684,479 in 2014 to $27,203,507 in 2023.
Frequently Asked Questions about Consortium For Worker Education Inc
Is Consortium For Worker Education Inc a legitimate charity?
Consortium For Worker Education Inc (EIN: 133564313) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $28.6M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Consortium For Worker Education Inc spend its money?
Consortium For Worker Education Inc directs 95% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Consortium For Worker Education Inc tax-deductible?
Consortium For Worker Education Inc is registered as a tax-exempt nonprofit (EIN: 133564313). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Consortium For Worker Education Inc CEO make?
Consortium For Worker Education Inc's highest-compensated officer earns $20 annually. The organization reported $28.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Consortium For Worker Education Inc's spending goes to programs?
Consortium For Worker Education Inc directs 95% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Consortium For Worker Education Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Consortium For Worker Education Inc is above average for NTEE category J200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Consortium For Worker Education Inc located?
Consortium For Worker Education Inc is headquartered in New York, New York and files with the IRS under EIN 133564313. It is classified under NTEE code J200.
How many years of IRS 990 filings does Consortium For Worker Education Inc have?
Consortium For Worker Education 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 $28.6M in total revenue.
Is Consortium For Worker Education Inc a good charity?
Based on the financial data, the organization appears to be a good charity. It consistently spends nearly all its revenue on expenses, indicating efficient use of funds, and reports no officer compensation, suggesting a strong commitment to its mission.
How has the organization's financial health changed over the past decade?
The organization has shown significant growth in both revenue and assets over the past decade. Revenue increased from $19,684,479 in 2014 to $27,203,507 in 2023, and assets grew from $7,302,958 to $23,372,754 in the same period, indicating robust financial growth.
What is the significance of 0% officer compensation?
The 0% officer compensation reported across all filings is highly significant. It suggests that the organization's leadership may be compensated by other entities or that they are volunteers, which is a strong indicator of dedication to the mission and efficient use of donor funds.
Filing History
IRS 990 filing history for Consortium For Worker Education Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Consortium For Worker Education Inc's revenue has grown by 23.7%, moving from $22.0M to $27.2M. Total assets increased by 216.6% over the same period, from $7.4M to $23.4M. Total functional expenses rose by 26%, from $21.2M to $26.8M. In its most recent filing year (2023), Consortium For Worker Education Inc reported a surplus of $436K, with revenue exceeding expenses. The organization holds $19.8M in liabilities against $23.4M in assets (debt-to-asset ratio: 84.9%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27.2M | $26.8M | $23.4M | $19.8M | — | — |
| 2022 | $30.3M | $29.3M | $24.3M | $21.2M | — | View 990 |
| 2021 | $23.5M | $25.8M | $27.1M | $25.1M | — | View 990 |
| 2020 | $24.8M | $23.4M | $25.8M | $21.4M | — | View 990 |
| 2019 | $24.0M | $23.4M | $11.2M | $8.2M | — | View 990 |
| 2018 | $23.9M | $23.4M | $10.6M | $8.2M | — | View 990 |
| 2017 | $23.3M | $23.0M | $10.7M | $8.9M | — | View 990 |
| 2016 | $22.2M | $22.0M | $10.4M | $8.9M | — | View 990 |
| 2015 | $21.3M | $21.2M | $9.6M | $8.2M | — | View 990 |
| 2014 | $19.7M | $19.3M | $7.3M | $6.0M | — | View 990 |
| 2013 | $19.8M | $19.8M | $6.5M | $5.5M | — | View 990 |
| 2012 | $20.5M | $20.3M | $6.1M | $5.2M | — | View 990 |
| 2011 | $22.0M | $21.2M | $7.4M | $6.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27.2M, expenses of $26.8M, and assets of $23.4M (revenue -10.2% year-over-year).
- 2022: Revenue of $30.3M, expenses of $29.3M, and assets of $24.3M (revenue +29.1% year-over-year).
- 2021: Revenue of $23.5M, expenses of $25.8M, and assets of $27.1M (revenue -5.5% year-over-year).
- 2020: Revenue of $24.8M, expenses of $23.4M, and assets of $25.8M (revenue +3.3% year-over-year).
- 2019: Revenue of $24.0M, expenses of $23.4M, and assets of $11.2M (revenue +0.5% year-over-year).
- 2018: Revenue of $23.9M, expenses of $23.4M, and assets of $10.6M (revenue +2.7% year-over-year).
- 2017: Revenue of $23.3M, expenses of $23.0M, and assets of $10.7M (revenue +5.1% year-over-year).
- 2016: Revenue of $22.2M, expenses of $22.0M, and assets of $10.4M (revenue +4.2% year-over-year).
- 2015: Revenue of $21.3M, expenses of $21.2M, and assets of $9.6M (revenue +8.0% year-over-year).
- 2014: Revenue of $19.7M, expenses of $19.3M, and assets of $7.3M (revenue -0.8% year-over-year).
- 2013: Revenue of $19.8M, expenses of $19.8M, and assets of $6.5M (revenue -3.2% year-over-year).
- 2012: Revenue of $20.5M, expenses of $20.3M, and assets of $6.1M (revenue -6.9% year-over-year).
- 2011: Revenue of $22.0M, expenses of $21.2M, and assets of $7.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Consortium For Worker Education Inc:
Data Sources and Methodology
This transparency report for Consortium For Worker Education 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.