Qualified Elevator Inspector Training Tr
Qualified Elevator Inspector Training Tr consistently expands operations with increasing revenue and expenses, maintaining 0% officer compensation.
EIN: 207270538 · Columbia, MD · NTEE: B30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $316K |
| Transparency Score | 88/100 |
Is Qualified Elevator Inspector Training Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Qualified Elevator Inspector Training Tr directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Qualified Elevator Inspector Training Tr
Qualified Elevator Inspector Training Tr (EIN: 207270538) is a nonprofit organization based in Columbia, MD, classified under NTEE code B30. The organization reported total revenue of $1.9M and total assets of $542K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Qualified Elevator Inspector Training Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Qualified Elevator Inspector Training Tr is a mid-size nonprofit that has been operating for 7 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-202,838 |
| Total Assets | $533K |
| Total Liabilities | $217K |
| Net Assets | $316K |
| Operating Margin | -12.1% |
| Debt-to-Asset Ratio | 40.7% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2023, Qualified Elevator Inspector Training Tr reported a deficit of $203K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 40.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Qualified Elevator Inspector Training Tr's revenue has grown at a compound annual growth rate (CAGR) of 17.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.5% | +20.0% | -10.1% |
| 2022 | +7.6% | +4.6% | +21.4% |
| 2021 | +55.9% | +47.0% | -0.1% |
| 2020 | +13.3% | +5.2% | +8.6% |
| 2019 | +0.9% | +19.8% | -9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
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 Qualified Elevator Inspector Training Tr with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Qualified Elevator Inspector Training Tr allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. 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 $203K, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with revenues approaching $2 million.
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 Qualified Elevator Inspector Training Tr's IRS 990 filings:
- Significant increase in liabilities from $74,157 in 2022 to $217,087 in 2023, which could indicate new debt or deferred obligations.
Strengths
The following positive indicators were identified for Qualified Elevator Inspector Training Tr:
- Consistent and substantial revenue growth over the past decade, from $206,755 in 2014 to $1,674,956 in 2023.
- Reported 0% officer compensation across all filings, indicating strong financial stewardship and potential volunteer leadership.
- Long history of IRS 990 filings (13 filings), demonstrating consistent transparency and compliance.
- Expenses closely track revenues, suggesting efficient use of funds for programmatic activities rather than excessive accumulation of reserves.
Frequently Asked Questions about Qualified Elevator Inspector Training Tr
Is Qualified Elevator Inspector Training Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Qualified Elevator Inspector Training Tr (EIN: 207270538) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Qualified Elevator Inspector Training Tr spend its money?
Qualified Elevator Inspector Training Tr directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Qualified Elevator Inspector Training Tr tax-deductible?
Qualified Elevator Inspector Training Tr is registered as a tax-exempt nonprofit (EIN: 207270538). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Qualified Elevator Inspector Training Tr CEO make?
Qualified Elevator Inspector Training Tr's highest-compensated officer earns $2 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Qualified Elevator Inspector Training Tr's spending goes to programs?
Qualified Elevator Inspector Training Tr directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Qualified Elevator Inspector Training Tr compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Qualified Elevator Inspector Training Tr 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 Qualified Elevator Inspector Training Tr located?
Qualified Elevator Inspector Training Tr is headquartered in Columbia, Maryland and files with the IRS under EIN 207270538. It is classified under NTEE code B30.
How many years of IRS 990 filings does Qualified Elevator Inspector Training Tr have?
Qualified Elevator Inspector Training Tr 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 $1.9M in total revenue.
Is Qualified Elevator Inspector Training Tr a good charity?
Based on the available data, the organization appears to be a good charity. It demonstrates consistent growth, operates efficiently by spending close to its revenue, and has a strong commitment to transparency with 0% officer compensation reported.
How has the organization's revenue grown over time?
The organization has shown significant revenue growth, increasing from $206,755 in 2014 to $1,674,956 in 2023, indicating a substantial expansion of its operations and reach.
What is the trend in the organization's assets and liabilities?
Assets have generally increased over time, reaching $533,487 in 2023. Liabilities have fluctuated, with a notable increase to $217,087 in 2023, which warrants further investigation to understand the nature of this increase.
Does the organization spend efficiently?
Yes, the organization appears to spend efficiently, with expenses closely matching revenues in most years, such as $1,877,794 in expenses against $1,674,956 in revenue in 2023, suggesting funds are directly utilized for its mission.
Filing History
IRS 990 filing history for Qualified Elevator Inspector Training Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Qualified Elevator Inspector Training Tr's revenue has grown by 590.3%, moving from $243K to $1.7M. Total assets increased by 187.2% over the same period, from $186K to $533K. Total functional expenses rose by 1369.8%, from $128K to $1.9M. In its most recent filing year (2023), Qualified Elevator Inspector Training Tr reported a deficit of $203K, with expenses exceeding revenue. The organization holds $217K in liabilities against $533K in assets (debt-to-asset ratio: 40.7%), resulting in net assets of $316K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.9M | $533K | $217K | — | — |
| 2022 | $1.7M | $1.6M | $593K | $74K | — | View 990 |
| 2021 | $1.5M | $1.5M | $489K | $71K | — | View 990 |
| 2020 | $993K | $1.0M | $489K | $123K | — | — |
| 2019 | $876K | $967K | $450K | $59K | — | View 990 |
| 2018 | $869K | $808K | $498K | $15K | — | View 990 |
| 2017 | $850K | $802K | $467K | $46K | — | View 990 |
| 2016 | $788K | $710K | $406K | $32K | — | View 990 |
| 2015 | $773K | $760K | $728K | $424K | — | View 990 |
| 2014 | $207K | $190K | $347K | $56K | — | View 990 |
| 2013 | $236K | $135K | $309K | $35K | — | View 990 |
| 2012 | $162K | $154K | $222K | $49K | — | View 990 |
| 2011 | $243K | $128K | $186K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.9M, and assets of $533K (revenue +0.5% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.6M, and assets of $593K (revenue +7.6% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.5M, and assets of $489K (revenue +55.9% year-over-year).
- 2020: Revenue of $993K, expenses of $1.0M, and assets of $489K (revenue +13.3% year-over-year).
- 2019: Revenue of $876K, expenses of $967K, and assets of $450K (revenue +0.9% year-over-year).
- 2018: Revenue of $869K, expenses of $808K, and assets of $498K (revenue +2.3% year-over-year).
- 2017: Revenue of $850K, expenses of $802K, and assets of $467K (revenue +7.9% year-over-year).
- 2016: Revenue of $788K, expenses of $710K, and assets of $406K (revenue +1.9% year-over-year).
- 2015: Revenue of $773K, expenses of $760K, and assets of $728K (revenue +274.0% year-over-year).
- 2014: Revenue of $207K, expenses of $190K, and assets of $347K (revenue -12.5% year-over-year).
- 2013: Revenue of $236K, expenses of $135K, and assets of $309K (revenue +45.9% year-over-year).
- 2012: Revenue of $162K, expenses of $154K, and assets of $222K (revenue -33.3% year-over-year).
- 2011: Revenue of $243K, expenses of $128K, and assets of $186K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Qualified Elevator Inspector Training Tr:
Data Sources and Methodology
This transparency report for Qualified Elevator Inspector Training Tr 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.