Finishing Trades Institute Of North California And Nevada Trust
Finishing Trades Institute shows consistent growth and strong program spending with no reported officer compensation.
EIN: 113785631 · San Leandro, CA · NTEE: B30 · Updated: 2026-03-28
Is Finishing Trades Institute Of North California And Nevada Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Finishing Trades Institute Of North California And Nevada Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Finishing Trades Institute Of North California And Nevada Trust
Finishing Trades Institute Of North California And Nevada Trust (EIN: 113785631) is a nonprofit organization based in San Leandro, CA, classified under NTEE code B30. The organization reported total revenue of $24.7M and total assets of $47.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Finishing Trades Institute Of North California And Nevada Trust'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 Finishing Trades Institute Of North California And Nevada Trust with a Mission Score of 92 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Finishing Trades Institute Of North California And Nevada Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity of its size with revenues exceeding $15 million. This suggests that executive leadership may be unpaid, compensated through a related entity, or that compensation is categorized under other expense lines, which could obscure the true administrative overhead.
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 Finishing Trades Institute Of North California And Nevada Trust's IRS 990 filings:
- Unusually high liabilities in the latest filing ($8,036,340 in 2023 compared to $492,939 in 2022)
- Consistent reporting of 0% officer compensation for a large organization, potentially obscuring true administrative costs.
Strengths
The following positive indicators were identified for Finishing Trades Institute Of North California And Nevada Trust:
- Strong and consistent revenue growth over the past decade, from $4.1M in 2014 to $15.2M in 2023.
- Significant asset growth, increasing from $5.5M in 2014 to $43M in 2023, indicating sound financial management.
- High program spending ratio, with a large majority of expenses directed towards its mission.
- Consistent operational surpluses in most years, contributing to financial stability.
Frequently Asked Questions about Finishing Trades Institute Of North California And Nevada Trust
Is Finishing Trades Institute Of North California And Nevada Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Finishing Trades Institute Of North California And Nevada Trust (EIN: 113785631) some concerns. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
How does Finishing Trades Institute Of North California And Nevada Trust spend its money?
Finishing Trades Institute Of North California And Nevada Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Finishing Trades Institute Of North California And Nevada Trust tax-deductible?
Finishing Trades Institute Of North California And Nevada Trust is registered as a tax-exempt nonprofit (EIN: 113785631). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the organization manage to report 0% officer compensation given its size and revenue?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with revenues reaching $15 million. This could indicate that executive leadership is entirely volunteer-based, compensated by a related entity, or that their compensation is categorized under other expense lines, which would impact the true administrative spending ratio.
What caused the significant increase in liabilities from $492,939 in 2022 to $8,036,340 in 2023?
The substantial jump in liabilities in the 2023 fiscal period, from less than $500,000 to over $8 million, is a significant change that warrants further investigation to understand its nature and potential impact on the organization's financial stability.
What is the primary source of the organization's revenue, and is it sustainable?
While the filings show consistent revenue growth, understanding the specific sources (e.g., grants, contributions, program service revenue) would provide insight into the sustainability and diversity of its funding model.
Filing History
IRS 990 filing history for Finishing Trades Institute Of North California And Nevada Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Finishing Trades Institute Of North California And Nevada Trust's revenue has grown by 449.5%, moving from $2.8M to $15.3M. Total assets increased by 551.1% over the same period, from $6.6M to $43.1M. Total functional expenses rose by 313.1%, from $2.5M to $10.5M. In its most recent filing year (2023), Finishing Trades Institute Of North California And Nevada Trust reported a surplus of $4.7M, with revenue exceeding expenses. The organization holds $8.0M in liabilities against $43.1M in assets (debt-to-asset ratio: 18.7%), resulting in net assets of $35.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $15.3M | $10.5M | $43.1M | $8.0M | — | — |
| 2022 | $12.7M | $9.8M | $30.1M | $493K | — | View 990 |
| 2021 | $15.2M | $8.3M | $28.3M | $521K | — | View 990 |
| 2020 | $13.5M | $7.6M | $21.1M | $369K | — | — |
| 2019 | $8.7M | $6.3M | $14.6M | $206K | — | View 990 |
| 2018 | $7.4M | $5.8M | $12.0M | $175K | — | View 990 |
| 2017 | $7.3M | $5.4M | $10.3M | $126K | — | View 990 |
| 2016 | $5.7M | $4.5M | $8.2M | $96K | — | View 990 |
| 2015 | $4.9M | $4.2M | $6.2M | $0 | — | View 990 |
| 2014 | $4.1M | $4.2M | $5.5M | $0 | — | View 990 |
| 2013 | $3.6M | $3.6M | $5.6M | $0 | — | View 990 |
| 2012 | $2.8M | $3.8M | $5.6M | $0 | — | View 990 |
| 2011 | $2.8M | $2.5M | $6.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.3M, expenses of $10.5M, and assets of $43.1M (revenue +20.4% year-over-year).
- 2022: Revenue of $12.7M, expenses of $9.8M, and assets of $30.1M (revenue -16.8% year-over-year).
- 2021: Revenue of $15.2M, expenses of $8.3M, and assets of $28.3M (revenue +12.5% year-over-year).
- 2020: Revenue of $13.5M, expenses of $7.6M, and assets of $21.1M (revenue +55.6% year-over-year).
- 2019: Revenue of $8.7M, expenses of $6.3M, and assets of $14.6M (revenue +18.2% year-over-year).
- 2018: Revenue of $7.4M, expenses of $5.8M, and assets of $12.0M (revenue +1.4% year-over-year).
- 2017: Revenue of $7.3M, expenses of $5.4M, and assets of $10.3M (revenue +27.8% year-over-year).
- 2016: Revenue of $5.7M, expenses of $4.5M, and assets of $8.2M (revenue +15.6% year-over-year).
- 2015: Revenue of $4.9M, expenses of $4.2M, and assets of $6.2M (revenue +19.1% year-over-year).
- 2014: Revenue of $4.1M, expenses of $4.2M, and assets of $5.5M (revenue +14.3% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.6M, and assets of $5.6M (revenue +29.7% year-over-year).
- 2012: Revenue of $2.8M, expenses of $3.8M, and assets of $5.6M (revenue +0.2% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.5M, and assets of $6.6M.
Data Sources and Methodology
This transparency report for Finishing Trades Institute Of North California And Nevada Trust 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.