Forest Workforce Training Institute
EIN: 831533428 · Montgomery, AL · NTEE: C12
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $968K |
| Net Assets | $3.7M |
Is Forest Workforce Training Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Forest Workforce Training Institute
Forest Workforce Training Institute (EIN: 831533428) is a nonprofit organization based in Montgomery, AL, classified under NTEE code C12. The organization reported total revenue of $2.4M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forest Workforce Training Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forest Workforce Training Institute is a mid-size nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 31.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $968K |
| Surplus / Deficit | +$1.2M |
| Total Assets | $3.7M |
| Total Liabilities | $59K |
| Net Assets | $3.7M |
| Operating Margin | 55.9% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 46.4 months |
Financial Health Grade: A
In 2023, Forest Workforce Training Institute reported a surplus of $1.2M with revenue exceeding expenses, holds 46.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Forest Workforce Training Institute's revenue has grown at a compound annual growth rate (CAGR) of 31.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.0% | -2.9% | +37.0% |
| 2022 | +273.7% | +33.7% | +455.7% |
| 2021 | -15.9% | +11.1% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Forest Workforce Training Institute 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 Forest Workforce Training Institute 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 surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Frequently Asked Questions about Forest Workforce Training Institute
Is Forest Workforce Training Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Forest Workforce Training Institute (EIN: 831533428) insufficient data. 0 red flags identified, 0 strengths noted.
How does Forest Workforce Training Institute spend its money?
Detailed spending breakdown data is not yet available for Forest Workforce Training Institute. Check back for updated IRS 990 analysis.
Are donations to Forest Workforce Training Institute tax-deductible?
Forest Workforce Training Institute is registered as a tax-exempt nonprofit (EIN: 831533428). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Forest Workforce Training Institute located?
Forest Workforce Training Institute is headquartered in Montgomery, Alabama and files with the IRS under EIN 831533428. It is classified under NTEE code C12.
How many years of IRS 990 filings does Forest Workforce Training Institute have?
Forest Workforce Training Institute has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.4M in total revenue.
Filing History
IRS 990 filing history for Forest Workforce Training Institute showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Forest Workforce Training Institute's revenue has grown by 126.1%, moving from $971K to $2.2M. Total assets increased by 604.9% over the same period, from $531K to $3.7M. Total functional expenses rose by 44.3%, from $671K to $968K. In its most recent filing year (2023), Forest Workforce Training Institute reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $59K in liabilities against $3.7M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $968K | $3.7M | $59K | — | — |
| 2022 | $3.0M | $997K | $2.7M | $274K | — | View 990 |
| 2021 | $816K | $745K | $492K | $86K | — | View 990 |
| 2020 | $971K | $671K | $531K | $196K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $968K, and assets of $3.7M (revenue -28.0% year-over-year).
- 2022: Revenue of $3.0M, expenses of $997K, and assets of $2.7M (revenue +273.7% year-over-year).
- 2021: Revenue of $816K, expenses of $745K, and assets of $492K (revenue -15.9% year-over-year).
- 2020: Revenue of $971K, expenses of $671K, and assets of $531K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forest Workforce Training Institute:
Data Sources and Methodology
This transparency report for Forest Workforce Training Institute 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.