Government Training Services Inc
Government Training Services Inc. frequently operates at a deficit but maintains a healthy asset-to-liability ratio with no reported officer compensation.
EIN: 10810429 · Minneapolis, MN · NTEE: J22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $265K |
| Transparency Score | 75/100 |
Is Government Training Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Government Training Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Government Training Services Inc
Government Training Services Inc (EIN: 10810429) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code J22. The organization reported total revenue of $1.2M and total assets of $332K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Government Training Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Government Training Services Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $885K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-204,185 |
| Total Assets | $587K |
| Total Liabilities | $321K |
| Net Assets | $265K |
| Operating Margin | -23.1% |
| Debt-to-Asset Ratio | 54.8% |
| Months of Reserves | 6.5 months |
Financial Health Grade: C
In 2023, Government Training Services Inc reported a deficit of $204K with expenses exceeding revenue, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 54.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Government Training Services Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.5% | +30.5% | +6.8% |
| 2022 | +25.9% | -7.2% | +70.0% |
| 2021 | -3.2% | +19.5% | -25.5% |
| 2020 | -21.4% | -17.1% | -13.1% |
| 2019 | +5.6% | -4.2% | +20.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Government Training Services Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Government Training Services Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 deficit of $204K, with expenses exceeding revenue.
- Debt-to-asset ratio: 54.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization with annual expenses often exceeding $1 million. This suggests either a fully volunteer executive team or that executive compensation is categorized differently within the financial statements, requiring deeper analysis for a complete understanding of administrative costs.
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 Government Training Services Inc's IRS 990 filings:
- Frequent operational deficits (e.g., $204,185 in 2023, $171,040 in 2021), indicating expenses often exceed revenue.
- Consistent reporting of 0% officer compensation, which may obscure true leadership costs if compensation is categorized elsewhere.
- Significant decrease in revenue from $2,656,599 in 2014 to $884,764 in 2023, representing a substantial reduction in scale.
Strengths
The following positive indicators were identified for Government Training Services Inc:
- Strong asset-to-liability ratio (e.g., $586,693 assets vs. $321,315 liabilities in 2023), indicating financial stability.
- Long operational history with 13 IRS 990 filings, demonstrating transparency and consistent reporting.
- No reported officer compensation, which could indicate a highly efficient or volunteer-driven leadership structure.
Frequently Asked Questions about Government Training Services Inc
Is Government Training Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Government Training Services Inc (EIN: 10810429) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Government Training Services Inc spend its money?
Government Training Services Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Government Training Services Inc tax-deductible?
Government Training Services Inc is registered as a tax-exempt nonprofit (EIN: 10810429). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Government Training Services Inc CEO make?
Government Training Services Inc's highest-compensated officer earns $1 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Government Training Services Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Government Training Services Inc is above average for NTEE category J22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Government Training Services Inc located?
Government Training Services Inc is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 10810429. It is classified under NTEE code J22.
How many years of IRS 990 filings does Government Training Services Inc have?
Government Training Services 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 $1.2M in total revenue.
How does Government Training Services Inc. cover its operational deficits, such as the $204,185 deficit in 2023 (Expenses $1,088,949 vs. Revenue $884,764)?
The organization likely utilizes accumulated reserves from prior profitable years or other non-revenue funding sources to cover these deficits, as indicated by its consistent asset base despite periodic negative net income.
What is the nature of the '0% Officer Comp' reported across all filings, and how are executive leadership roles compensated?
The consistent reporting of 0% officer compensation suggests either a volunteer-led executive structure or that executive compensation is included within other expense categories, such as salaries and wages for program or administrative staff, rather than being separately identified as officer compensation. Further detail from the full 990 form would be needed to clarify this.
Given the fluctuation in revenue and frequent operational deficits, what is the organization's long-term financial sustainability strategy?
While the organization has maintained a strong asset base, the recurring deficits suggest a need for a clear strategy to align expenses with revenue or to secure more consistent funding to ensure long-term sustainability without relying heavily on drawing down reserves.
Filing History
IRS 990 filing history for Government Training Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Government Training Services Inc's revenue has declined by 40.4%, moving from $1.5M to $885K. Total assets decreased by 21.7% over the same period, from $750K to $587K. Total functional expenses fell by 26.4%, from $1.5M to $1.1M. In its most recent filing year (2023), Government Training Services Inc reported a deficit of $204K, with expenses exceeding revenue. The organization holds $321K in liabilities against $587K in assets (debt-to-asset ratio: 54.8%), resulting in net assets of $265K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $885K | $1.1M | $587K | $321K | — | View 990 |
| 2022 | $917K | $835K | $549K | $297K | — | View 990 |
| 2021 | $728K | $899K | $323K | $150K | — | View 990 |
| 2020 | $752K | $753K | $434K | $87K | — | — |
| 2019 | $957K | $908K | $500K | $153K | — | View 990 |
| 2018 | $905K | $948K | $416K | $119K | — | View 990 |
| 2017 | $979K | $1.1M | $460K | $120K | — | View 990 |
| 2016 | $1.1M | $1.1M | $571K | $151K | — | View 990 |
| 2015 | $1.4M | $1.5M | $635K | $208K | — | View 990 |
| 2014 | $2.7M | $2.7M | $1.0M | $502K | — | View 990 |
| 2013 | $2.2M | $2.2M | $1.6M | $957K | — | View 990 |
| 2012 | $1.8M | $1.7M | $854K | $310K | — | View 990 |
| 2011 | $1.5M | $1.5M | $750K | $312K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $885K, expenses of $1.1M, and assets of $587K (revenue -3.5% year-over-year).
- 2022: Revenue of $917K, expenses of $835K, and assets of $549K (revenue +25.9% year-over-year).
- 2021: Revenue of $728K, expenses of $899K, and assets of $323K (revenue -3.2% year-over-year).
- 2020: Revenue of $752K, expenses of $753K, and assets of $434K (revenue -21.4% year-over-year).
- 2019: Revenue of $957K, expenses of $908K, and assets of $500K (revenue +5.6% year-over-year).
- 2018: Revenue of $905K, expenses of $948K, and assets of $416K (revenue -7.5% year-over-year).
- 2017: Revenue of $979K, expenses of $1.1M, and assets of $460K (revenue -12.9% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $571K (revenue -21.8% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.5M, and assets of $635K (revenue -45.9% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.7M, and assets of $1.0M (revenue +18.9% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.2M, and assets of $1.6M (revenue +24.4% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.7M, and assets of $854K (revenue +21.0% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.5M, and assets of $750K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Government Training Services Inc:
Data Sources and Methodology
This transparency report for Government Training Services 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.