Workforce Professionals Traininginstitute
Workforce Professionals Traininginstitute consistently reports 0% officer compensation amidst fluctuating but generally stable finances.
EIN: 203891493 · New York, NY · NTEE: J990 · Updated: 2026-03-28
Is Workforce Professionals Traininginstitute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Workforce Professionals Traininginstitute directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Workforce Professionals Traininginstitute
Workforce Professionals Traininginstitute (EIN: 203891493) is a nonprofit organization based in New York, NY, classified under NTEE code J990. The organization reported total revenue of $1.7M and total assets of $810K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Workforce Professionals Traininginstitute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Workforce Professionals Traininginstitute with a Mission Score of 85 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, Workforce Professionals Traininginstitute 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size with recent revenues of $1,738,406 and suggests either pro-bono leadership or compensation being covered by a related entity, which would warrant further investigation for complete transparency.
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 Workforce Professionals Traininginstitute's IRS 990 filings:
- Consistent 0% officer compensation without further explanation, which is highly unusual for an organization of this size and could mask compensation paid by a related entity.
- Significant deficit in the 202309 period ($257,684), indicating expenses exceeded revenue, which warrants monitoring for future financial stability.
Strengths
The following positive indicators were identified for Workforce Professionals Traininginstitute:
- Strong commitment to mission, evidenced by consistent 0% officer compensation, suggesting funds are directed towards programs.
- Generally stable financial history with consistent revenue generation over multiple years.
- Good transparency through consistent IRS 990 filings, allowing for historical financial analysis.
Frequently Asked Questions about Workforce Professionals Traininginstitute
Is Workforce Professionals Traininginstitute a legitimate charity?
Based on AI analysis of IRS 990 filings, Workforce Professionals Traininginstitute (EIN: 203891493) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Workforce Professionals Traininginstitute spend its money?
Workforce Professionals Traininginstitute directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Workforce Professionals Traininginstitute tax-deductible?
Workforce Professionals Traininginstitute is registered as a tax-exempt nonprofit (EIN: 203891493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Workforce Professionals Traininginstitute manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings (2019-2023) is highly unusual for an organization with revenues consistently above $1.5 million. This could indicate that executive leadership is entirely pro-bono, compensated by a related entity, or that the compensation is reported under a different category, which would require further clarification to fully understand the organization's operational structure and true compensation practices.
What caused the significant deficit in the 202309 period?
In the 202309 period, WPTI reported expenses of $2,005,847 against revenues of $1,748,163, resulting in a deficit of $257,684. This contrasts with previous periods where expenses were generally in line with or below revenue. Without detailed expense breakdowns for that specific year, it's difficult to pinpoint the exact cause, but it could be due to increased program delivery costs, one-time investments, or a temporary dip in funding.
Is the organization's asset base sufficient given its operations?
The organization's assets have fluctuated, from $672,210 in 201909 to $1,155,045 in 202209, and most recently $724,185 in 202309. While the recent dip in assets in 202309 coincides with a deficit, the overall asset base of $809,632 (latest reported) appears reasonable to support its operations, especially considering its consistent revenue streams.
Filing History
IRS 990 filing history for Workforce Professionals Traininginstitute showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Workforce Professionals Traininginstitute's revenue has grown by 13.9%, moving from $1.5M to $1.7M. Total assets increased by 7.7% over the same period, from $672K to $724K. Total functional expenses rose by 91.2%, from $1.0M to $2.0M. In its most recent filing year (2023), Workforce Professionals Traininginstitute reported a deficit of $258K, with expenses exceeding revenue. The organization holds $232K in liabilities against $724K in assets (debt-to-asset ratio: 32.1%), resulting in net assets of $492K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $2.0M | $724K | $232K | — | — |
| 2022 | $2.0M | $2.0M | $1.2M | $405K | — | — |
| 2021 | $2.0M | $1.9M | $1.1M | $384K | — | View 990 |
| 2020 | $2.2M | $2.0M | $1.1M | $410K | — | — |
| 2019 | $1.5M | $1.0M | $672K | $187K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $2.0M, and assets of $724K (revenue -13.4% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.0M, and assets of $1.2M (revenue +1.6% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.9M, and assets of $1.1M (revenue -8.6% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.0M, and assets of $1.1M (revenue +41.7% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.0M, and assets of $672K.
Data Sources and Methodology
This transparency report for Workforce Professionals Traininginstitute 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.