Danville Area Training Center Inc
EIN: 272614081 · Danville, VA · NTEE: M40
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $2.8M |
| Net Assets | $816K |
Is Danville Area Training Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Danville Area Training Center Inc
Danville Area Training Center Inc (EIN: 272614081) is a nonprofit organization based in Danville, VA, classified under NTEE code M40. The organization reported total revenue of $3.3M and total assets of $888K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Danville Area Training Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Danville Area Training Center Inc is a mid-size nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 25.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.8M |
| Surplus / Deficit | $-1,718 |
| Total Assets | $916K |
| Total Liabilities | $100K |
| Net Assets | $816K |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 10.9% |
| Months of Reserves | 3.9 months |
Financial Health Grade: B
In 2023, Danville Area Training Center Inc reported a deficit of $2K with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 10.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Danville Area Training Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 25.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.6% | +12.8% | -0.2% |
| 2022 | +4.7% | +19.5% | -5.0% |
| 2021 | +53.9% | +30.7% | +1.4% |
| 2020 | +24.7% | +55.1% | -6.9% |
| 2019 | +60.1% | +85.0% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Danville Area Training Center Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Danville Area Training Center Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.9%.
Frequently Asked Questions about Danville Area Training Center Inc
Is Danville Area Training Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Danville Area Training Center Inc (EIN: 272614081) insufficient data. 0 red flags identified, 0 strengths noted.
How does Danville Area Training Center Inc spend its money?
Detailed spending breakdown data is not yet available for Danville Area Training Center Inc. Check back for updated IRS 990 analysis.
Are donations to Danville Area Training Center Inc tax-deductible?
Danville Area Training Center Inc is registered as a tax-exempt nonprofit (EIN: 272614081). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Danville Area Training Center Inc located?
Danville Area Training Center Inc is headquartered in Danville, Virginia and files with the IRS under EIN 272614081. It is classified under NTEE code M40.
How many years of IRS 990 filings does Danville Area Training Center Inc have?
Danville Area Training Center Inc has 12 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 $3.3M in total revenue.
Filing History
IRS 990 filing history for Danville Area Training Center Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Danville Area Training Center Inc's revenue has grown by 1160.2%, moving from $224K to $2.8M. Total assets increased by 817.2% over the same period, from $100K to $916K. Total functional expenses rose by 1699.6%, from $157K to $2.8M. In its most recent filing year (2023), Danville Area Training Center Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $100K in liabilities against $916K in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $816K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.8M | $916K | $100K | — | View 990 |
| 2022 | $2.5M | $2.5M | $918K | $100K | — | View 990 |
| 2021 | $2.4M | $2.1M | $966K | $106K | — | View 990 |
| 2020 | $1.5M | $1.6M | $953K | $350K | — | View 990 |
| 2019 | $1.2M | $1.0M | $1.0M | $347K | — | View 990 |
| 2018 | $766K | $559K | $1.1M | $570K | — | View 990 |
| 2017 | $375K | $385K | $1.1M | $833K | — | View 990 |
| 2016 | $423K | $290K | $361K | $74K | — | View 990 |
| 2015 | $237K | $275K | $227K | $74K | — | View 990 |
| 2014 | $356K | $272K | $254K | $63K | — | View 990 |
| 2013 | $165K | $158K | $166K | $59K | — | View 990 |
| 2012 | $224K | $157K | $100K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.8M, and assets of $916K (revenue +14.6% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.5M, and assets of $918K (revenue +4.7% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.1M, and assets of $966K (revenue +53.9% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.6M, and assets of $953K (revenue +24.7% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.0M, and assets of $1.0M (revenue +60.1% year-over-year).
- 2018: Revenue of $766K, expenses of $559K, and assets of $1.1M (revenue +104.3% year-over-year).
- 2017: Revenue of $375K, expenses of $385K, and assets of $1.1M (revenue -11.4% year-over-year).
- 2016: Revenue of $423K, expenses of $290K, and assets of $361K (revenue +78.2% year-over-year).
- 2015: Revenue of $237K, expenses of $275K, and assets of $227K (revenue -33.3% year-over-year).
- 2014: Revenue of $356K, expenses of $272K, and assets of $254K (revenue +116.0% year-over-year).
- 2013: Revenue of $165K, expenses of $158K, and assets of $166K (revenue -26.5% year-over-year).
- 2012: Revenue of $224K, expenses of $157K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Danville Area Training Center Inc:
Data Sources and Methodology
This transparency report for Danville Area Training Center 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.