Training Center
Training Center operates with minimal revenue and expenses, showing declining assets and no executive compensation.
EIN: 204381564 · Cedar Falls, IA · NTEE: F53 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17K |
| Total Expenses | $16K |
| Program Spending | 80% |
| Net Assets | $942 |
| Transparency Score | 65/100 |
Is Training Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Training Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Training Center
Training Center (EIN: 204381564) is a nonprofit organization based in Cedar Falls, IA, classified under NTEE code F53. The organization reported total revenue of $17K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Training Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Training Center is a micro nonprofit that has been operating for 14 years, with 15 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $16K |
| Surplus / Deficit | +$38 |
| Total Assets | $942 |
| Net Assets | $942 |
| Operating Margin | 0.2% |
| Months of Reserves | 0.7 months |
Financial Health Grade: A
In 2023, Training Center reported a surplus of $38 with revenue exceeding expenses, holds 0.7 months of operating reserves (limited).
Financial Trends
Over 15 years of filings (2008–2023), Training Center's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.8% | +17.8% | +4.2% |
| 2022 | +48.7% | +24.9% | -84.1% |
| 2021 | -29.2% | -19.4% | +222.6% |
| 2020 | +71.8% | -30.3% | -52.8% |
| 2019 | +84.7% | +171.0% | -76.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
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 Training Center with a Mission Score of 65 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: 80%
- fundraising: 5%
According to IRS 990 filings, Training Center allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $38, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is unpaid, which is commendable for a small nonprofit.
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 Training Center's IRS 990 filings:
- Declining asset base (from $27,631 in 2016 to $942 in 2023)
- Frequent periods of expenses exceeding revenue (7 out of 10 periods provided)
- Very low and fluctuating revenue, potentially limiting program impact
Strengths
The following positive indicators were identified for Training Center:
- Consistent 0% officer compensation, indicating volunteer-driven leadership
- Long filing history (15 filings), suggesting sustained operation
- Low overall expenses, indicating a lean operational model
Frequently Asked Questions about Training Center
Is Training Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Training Center (EIN: 204381564) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Training Center spend its money?
Training Center directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Training Center tax-deductible?
Training Center is registered as a tax-exempt nonprofit (EIN: 204381564). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Training Center's spending goes to programs?
Training Center directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Training Center compare to similar nonprofits?
With a transparency score of 65/100 (Good), Training Center is above average for NTEE category F53 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Training Center located?
Training Center is headquartered in Cedar Falls, Iowa and files with the IRS under EIN 204381564. It is classified under NTEE code F53.
How many years of IRS 990 filings does Training Center have?
Training Center has 15 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 $17K in total revenue.
Is Training Center a good charity?
Training Center's commitment to zero officer compensation and its long filing history suggest dedication. However, its very small and fluctuating revenue, declining assets, and periods of expenses exceeding revenue (e.g., $13,236 expenses vs. $11,769 revenue in 2022) indicate potential financial instability and limited capacity for impact. Donors should consider if the organization's scale aligns with their philanthropic goals.
What is the trend in Training Center's financial health?
Training Center's financial health shows a concerning trend of declining assets, from a peak of $27,631 in 2016 to $942 in 2023. While revenue has fluctuated, it has generally remained low, and the organization has frequently operated at a deficit, with expenses exceeding revenue in 7 out of the 10 provided periods, including 2022 and 2021.
How does Training Center manage its expenses?
Without a detailed breakdown of expenses beyond officer compensation, it's challenging to fully assess expense management. However, the consistent reporting of 0% officer compensation suggests a very lean operational model, likely relying heavily on volunteers. The organization's total expenses are very low, ranging from $6,966 to $19,040 in the provided data.
Filing History
IRS 990 filing history for Training Center showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2008–2023), Training Center's revenue has grown by 41.9%, moving from $11K to $16K. Total assets decreased by 6.1% over the same period, from $1K to $942. Total functional expenses rose by 39.1%, from $11K to $16K. In its most recent filing year (2023), Training Center reported a surplus of $38, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $16K | $942 | $0 | — | View 990 |
| 2022 | $12K | $13K | $904 | $0 | — | View 990 |
| 2021 | $8K | $11K | $6K | $3K | — | View 990 |
| 2020 | $11K | $13K | $2K | $0 | — | — |
| 2019 | $7K | $19K | $4K | $0 | — | View 990 |
| 2018 | $4K | $7K | $16K | $0 | — | View 990 |
| 2017 | $4K | $12K | $20K | $0 | — | View 990 |
| 2016 | $25K | $19K | $28K | $0 | — | View 990 |
| 2015 | $17K | $15K | $22K | $0 | — | View 990 |
| 2014 | $32K | $15K | $20K | $0 | — | View 990 |
| 2013 | $20K | $18K | $3K | $0 | — | View 990 |
| 2011 | $14K | $12K | $4K | $0 | — | — |
| 2010 | $31K | $32K | $2K | $0 | — | View 990 |
| 2009 | $10K | $9K | $2K | $0 | — | View 990 |
| 2008 | $11K | $11K | $1K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $16K, expenses of $16K, and assets of $942 (revenue +32.8% year-over-year).
- 2022: Revenue of $12K, expenses of $13K, and assets of $904 (revenue +48.7% year-over-year).
- 2021: Revenue of $8K, expenses of $11K, and assets of $6K (revenue -29.2% year-over-year).
- 2020: Revenue of $11K, expenses of $13K, and assets of $2K (revenue +71.8% year-over-year).
- 2019: Revenue of $7K, expenses of $19K, and assets of $4K (revenue +84.7% year-over-year).
- 2018: Revenue of $4K, expenses of $7K, and assets of $16K (revenue -5.8% year-over-year).
- 2017: Revenue of $4K, expenses of $12K, and assets of $20K (revenue -85.0% year-over-year).
- 2016: Revenue of $25K, expenses of $19K, and assets of $28K (revenue +46.3% year-over-year).
- 2015: Revenue of $17K, expenses of $15K, and assets of $22K (revenue -46.5% year-over-year).
- 2014: Revenue of $32K, expenses of $15K, and assets of $20K (revenue +58.8% year-over-year).
- 2013: Revenue of $20K, expenses of $18K, and assets of $3K (revenue +41.2% year-over-year).
- 2011: Revenue of $14K, expenses of $12K, and assets of $4K (revenue -54.4% year-over-year).
- 2010: Revenue of $31K, expenses of $32K, and assets of $2K (revenue +197.1% year-over-year).
- 2009: Revenue of $10K, expenses of $9K, and assets of $2K (revenue -4.7% year-over-year).
- 2008: Revenue of $11K, expenses of $11K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Training Center:
Data Sources and Methodology
This transparency report for Training Center 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.