Finishing Trades Institute Ofdistrict Council 91
Finishing Trades Institute maintains stable finances with consistent revenue and zero reported officer compensation.
EIN: 208341172 · Merrillville, IN · NTEE: B30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.9M |
| Program Spending | 90% |
| Net Assets | $2.6M |
| Transparency Score | 85/100 |
Is Finishing Trades Institute Ofdistrict Council 91 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 Ofdistrict Council 91 directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Finishing Trades Institute Ofdistrict Council 91
Finishing Trades Institute Ofdistrict Council 91 (EIN: 208341172) is a nonprofit organization based in Merrillville, IN, classified under NTEE code B30. The organization reported total revenue of $2.0M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Finishing Trades Institute Ofdistrict Council 91's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Finishing Trades Institute Ofdistrict Council 91 is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$57K |
| Total Assets | $2.8M |
| Total Liabilities | $239K |
| Net Assets | $2.6M |
| Operating Margin | 2.9% |
| Debt-to-Asset Ratio | 8.5% |
| Months of Reserves | 17.5 months |
Financial Health Grade: A
In 2023, Finishing Trades Institute Ofdistrict Council 91 reported a surplus of $57K with revenue exceeding expenses, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 8.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Finishing Trades Institute Ofdistrict Council 91's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.4% | +7.8% | +9.5% |
| 2022 | -7.3% | -8.9% | -7.9% |
| 2021 | +7.2% | +9.5% | +0.8% |
| 2020 | -5.1% | -2.9% | +2.3% |
| 2019 | +1.0% | -1.1% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
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 Finishing Trades Institute Ofdistrict Council 91 with a Mission Score of 85 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Finishing Trades Institute Ofdistrict Council 91 allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, which is highly unusual for an organization of this size and suggests either volunteer leadership or compensation is categorized differently.
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 Ofdistrict Council 91's IRS 990 filings:
- 0% officer compensation reported across all filings, which is unusual for an organization of this size and may indicate compensation is reported under other categories or leadership is entirely volunteer, warranting further investigation.
Strengths
The following positive indicators were identified for Finishing Trades Institute Ofdistrict Council 91:
- Consistent financial stability with revenues generally exceeding expenses, as seen in 2023 with $1,986,501 revenue vs. $1,929,512 expenses.
- Healthy asset-to-liability ratio, with assets of $2,818,265 significantly outweighing liabilities of $239,143 in 2023.
- No reported officer compensation, suggesting a strong commitment to directing funds towards the mission.
- Steady growth in assets over the past decade, from $2,066,805 in 2014 to $2,818,265 in 2023.
Frequently Asked Questions about Finishing Trades Institute Ofdistrict Council 91
Is Finishing Trades Institute Ofdistrict Council 91 a legitimate charity?
Finishing Trades Institute Ofdistrict Council 91 (EIN: 208341172) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Finishing Trades Institute Ofdistrict Council 91 spend its money?
Finishing Trades Institute Ofdistrict Council 91 directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Finishing Trades Institute Ofdistrict Council 91 tax-deductible?
Finishing Trades Institute Ofdistrict Council 91 is registered as a tax-exempt nonprofit (EIN: 208341172). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Finishing Trades Institute Ofdistrict Council 91's spending goes to programs?
Finishing Trades Institute Ofdistrict Council 91 directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Finishing Trades Institute Ofdistrict Council 91 compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Finishing Trades Institute Ofdistrict Council 91 is above average for NTEE category B30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Finishing Trades Institute Ofdistrict Council 91 located?
Finishing Trades Institute Ofdistrict Council 91 is headquartered in Merrillville, Indiana and files with the IRS under EIN 208341172. It is classified under NTEE code B30.
How many years of IRS 990 filings does Finishing Trades Institute Ofdistrict Council 91 have?
Finishing Trades Institute Ofdistrict Council 91 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 $2.0M in total revenue.
Is Finishing Trades Institute Ofdistrict Council 91 a good charity?
Based on the provided financial data, the organization appears to be financially stable with consistent revenue and asset growth. The reported 0% officer compensation is a strong indicator of efficient spending, though it warrants further investigation into how leadership is compensated or if it's entirely volunteer-run. Without detailed expense breakdowns, a full assessment of 'goodness' is challenging, but the available data is positive.
How does the organization manage its liabilities?
The organization consistently maintains liabilities at a manageable level relative to its assets. For example, in 2023, liabilities were $239,143 against assets of $2,818,265, indicating a strong ability to cover its debts.
What is the trend in the organization's revenue and expenses?
Revenue and expenses have remained relatively stable over the past decade, generally fluctuating around the $1.7 million to $1.9 million mark. In most years, revenue slightly exceeds expenses, contributing to asset growth.
Filing History
IRS 990 filing history for Finishing Trades Institute Ofdistrict Council 91 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Finishing Trades Institute Ofdistrict Council 91's revenue has grown by 140.5%, moving from $826K to $2.0M. Total assets increased by 153.4% over the same period, from $1.1M to $2.8M. Total functional expenses rose by 95.6%, from $987K to $1.9M. In its most recent filing year (2023), Finishing Trades Institute Ofdistrict Council 91 reported a surplus of $57K, with revenue exceeding expenses. The organization holds $239K in liabilities against $2.8M in assets (debt-to-asset ratio: 8.5%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.9M | $2.8M | $239K | — | — |
| 2022 | $1.8M | $1.8M | $2.6M | $152K | — | View 990 |
| 2021 | $1.9M | $2.0M | $2.8M | $149K | — | View 990 |
| 2020 | $1.8M | $1.8M | $2.8M | $211K | — | View 990 |
| 2019 | $1.9M | $1.8M | $2.7M | $237K | — | View 990 |
| 2018 | $1.9M | $1.9M | $2.6M | $205K | — | View 990 |
| 2017 | $2.0M | $1.7M | $2.6M | $192K | — | View 990 |
| 2016 | $1.9M | $1.7M | $2.3M | $192K | — | View 990 |
| 2015 | $1.7M | $1.7M | $2.0M | $135K | — | View 990 |
| 2014 | $1.6M | $1.6M | $2.1M | $181K | — | View 990 |
| 2013 | $1.7M | $1.6M | $2.1M | $142K | — | View 990 |
| 2012 | $1.6M | $1.3M | $2.0M | $205K | — | View 990 |
| 2011 | $826K | $987K | $1.1M | $221K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.9M, and assets of $2.8M (revenue +11.4% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.8M, and assets of $2.6M (revenue -7.3% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.0M, and assets of $2.8M (revenue +7.2% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.8M, and assets of $2.8M (revenue -5.1% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.8M, and assets of $2.7M (revenue +1.0% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.9M, and assets of $2.6M (revenue -5.3% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.7M, and assets of $2.6M (revenue +4.1% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.7M, and assets of $2.3M (revenue +12.1% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $2.0M (revenue +9.1% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.6M, and assets of $2.1M (revenue -7.9% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.6M, and assets of $2.1M (revenue +6.0% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.3M, and assets of $2.0M (revenue +92.8% year-over-year).
- 2011: Revenue of $826K, expenses of $987K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Finishing Trades Institute Ofdistrict Council 91:
Data Sources and Methodology
This transparency report for Finishing Trades Institute Ofdistrict Council 91 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.