Training And Simulation Technology Consortium Inc
EIN: 593239132 · Orlando, FL · NTEE: Z99
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Net Assets | $500K |
Is Training And Simulation Technology Consortium Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Training And Simulation Technology Consortium Inc
Training And Simulation Technology Consortium Inc (EIN: 593239132) is a nonprofit organization based in Orlando, FL, classified under NTEE code Z99. The organization reported total revenue of $1.5M and total assets of $639K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Training And Simulation Technology Consortium Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Training And Simulation Technology Consortium Inc is a mid-size nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$68K |
| Total Assets | $611K |
| Total Liabilities | $111K |
| Net Assets | $500K |
| Operating Margin | 4.6% |
| Debt-to-Asset Ratio | 18.2% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2023, Training And Simulation Technology Consortium Inc reported a surplus of $68K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 18.2% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Training And Simulation Technology Consortium Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.2% | +10.5% | +0.6% |
| 2022 | +36.9% | +37.5% | +12.5% |
| 2021 | +41.2% | +29.3% | +20.4% |
| 2020 | +3.4% | +0.4% | +16.7% |
| 2019 | -6.7% | -4.3% | -12.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Training And Simulation Technology Consortium Inc 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 Training And Simulation Technology Consortium Inc 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 $68K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.2%.
Frequently Asked Questions about Training And Simulation Technology Consortium Inc
Is Training And Simulation Technology Consortium Inc a legitimate charity?
Training And Simulation Technology Consortium Inc (EIN: 593239132) is a registered tax-exempt nonprofit based in Florida. It has 14 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: A.
How does Training And Simulation Technology Consortium Inc spend its money?
Training And Simulation Technology Consortium Inc reported $1.5M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Training And Simulation Technology Consortium Inc tax-deductible?
Training And Simulation Technology Consortium Inc is registered as a tax-exempt nonprofit (EIN: 593239132). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Training And Simulation Technology Consortium Inc located?
Training And Simulation Technology Consortium Inc is headquartered in Orlando, Florida and files with the IRS under EIN 593239132. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Training And Simulation Technology Consortium Inc have?
Training And Simulation Technology Consortium Inc has 14 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Training And Simulation Technology Consortium Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Training And Simulation Technology Consortium Inc's revenue has grown by 107.3%, moving from $716K to $1.5M. Total assets increased by 108% over the same period, from $294K to $611K. Total functional expenses rose by 87.3%, from $756K to $1.4M. In its most recent filing year (2023), Training And Simulation Technology Consortium Inc reported a surplus of $68K, with revenue exceeding expenses. The organization holds $111K in liabilities against $611K in assets (debt-to-asset ratio: 18.2%), resulting in net assets of $500K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.4M | $611K | $111K | — | — |
| 2022 | $1.4M | $1.3M | $607K | $175K | — | View 990 |
| 2021 | $1.0M | $932K | $539K | $198K | — | View 990 |
| 2020 | $710K | $721K | $448K | $176K | — | View 990 |
| 2019 | $686K | $718K | $384K | $101K | — | View 990 |
| 2018 | $736K | $750K | $439K | $125K | — | View 990 |
| 2017 | $672K | $679K | $422K | $93K | — | View 990 |
| 2016 | $1.2M | $1.2M | $449K | $114K | — | — |
| 2015 | $856K | $819K | $904K | $584K | — | View 990 |
| 2014 | $926K | $929K | $389K | $105K | — | View 990 |
| 2013 | $929K | $830K | $394K | $81K | — | View 990 |
| 2012 | $819K | $761K | $270K | $56K | — | View 990 |
| 2011 | $715K | $703K | $324K | $168K | — | View 990 |
| 2010 | $716K | $756K | $294K | $150K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.4M, and assets of $611K (revenue +8.2% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.3M, and assets of $607K (revenue +36.9% year-over-year).
- 2021: Revenue of $1.0M, expenses of $932K, and assets of $539K (revenue +41.2% year-over-year).
- 2020: Revenue of $710K, expenses of $721K, and assets of $448K (revenue +3.4% year-over-year).
- 2019: Revenue of $686K, expenses of $718K, and assets of $384K (revenue -6.7% year-over-year).
- 2018: Revenue of $736K, expenses of $750K, and assets of $439K (revenue +9.5% year-over-year).
- 2017: Revenue of $672K, expenses of $679K, and assets of $422K (revenue -45.8% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $449K (revenue +45.0% year-over-year).
- 2015: Revenue of $856K, expenses of $819K, and assets of $904K (revenue -7.6% year-over-year).
- 2014: Revenue of $926K, expenses of $929K, and assets of $389K (revenue -0.4% year-over-year).
- 2013: Revenue of $929K, expenses of $830K, and assets of $394K (revenue +13.4% year-over-year).
- 2012: Revenue of $819K, expenses of $761K, and assets of $270K (revenue +14.7% year-over-year).
- 2011: Revenue of $715K, expenses of $703K, and assets of $324K (revenue -0.2% year-over-year).
- 2010: Revenue of $716K, expenses of $756K, and assets of $294K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Training And Simulation Technology Consortium Inc:
Data Sources and Methodology
This transparency report for Training And Simulation Technology Consortium 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.