Center For Financial Training Atlantic & Central States
Only null% goes to programs Strong reserves Growing revenue
Center For Financial Training Atlantic & Central States is a 501(c)(3) organization based in Farmington, Connecticut, registered in 1994, with $1,370,185 in FY2023 revenue. CharityIndex grades it B.
10 Waterside Dr Ste 300, Farmington, CT, 06032 EIN 06-1367018 Since 1994
Revenue (FY2023)
$1.4M
▼ 2.7% vs prior year
Education median: $200K
Expenses (FY2023)
$1.4M
Net assets
$983K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Center For Financial Training Atlantic & Central States— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating8 mo reserves · -4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Center For Financial Training Atlantic & Central States: 8 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Center For Financial Training Atlantic & Central States— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Center For Financial Training Atlantic & Central States: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 10 Waterside Dr Ste 300, Farmington, CT, 06032
- City
- Farmington
- State
- Connecticut
- Category
- Education
- Subcategory
- Adult & Continuing Education
- Website
- …
Financial trends
Revenue declined from $3.1M (FY2014) to $1.4M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3,071Net assets $983K
Operating margin
-4.4%
Spent more than it raised in the latest fiscal year.
Total assets
$986K
Total liabilities
$3,071
Net assets
$983K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,370,185▼2.7% | $1,430,700▲9.3% | $983,035▼5.8% | $986,106▼5.7% | 990 |
| 2022 | $1,408,196▼10.5% | $1,308,542▲15.4% | $1,043,551▲26.5% | $1,045,789▲26.6% | 990 |
| 2021 | $1,573,505▲55.9% | $1,134,127▲68.8% | $825,079▲112% | $825,987▲89.3% | 990 |
| 2020 | $1,009,039▼38.1% | $671,741▼64.0% | $389,082▲588% | $436,237▲40.7% | 990 |
| 2019 | $1,630,259▼31.7% | $1,866,451▼29.2% | $56,575▼80.7% | $309,975▼28.8% | 990 |
| 2018 | $2,385,291▼14.8% | $2,635,122▼10.2% | $292,866▼46.5% | $435,202▼43.3% | 990 |
| 2017 | $2,799,949▼13.1% | $2,933,101▼10.9% | $547,104▼19.6% | $767,446▼15.6% | 990 |
| 2016 | $3,223,325▲1.0% | $3,290,886▲2.4% | $680,256▼9.0% | $909,536▼7.6% | 990 |
| 2015 | $3,190,885▲1.9% | $3,214,662▲2.8% | $747,817▼3.1% | $984,184▲6.1% | 990 |
| 2014 | $3,130,856 | $3,126,118 | $771,594 | $927,614 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Center For Financial Training Atlantic & Central States a legitimate nonprofit?
- Yes. Center For Financial Training Atlantic & Central States is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-1367018, based in Farmington, Connecticut. Donations are tax-deductible.
- What is Center For Financial Training Atlantic & Central States's EIN?
- Center For Financial Training Atlantic & Central States's Employer Identification Number (EIN) is 06-1367018.
- How much revenue does Center For Financial Training Atlantic & Central States report?
- Center For Financial Training Atlantic & Central States reported $1,370,185 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Center For Financial Training Atlantic & Central States have?
- CharityIndex grades Center For Financial Training Atlantic & Central States B, based on financial health (reserves and operating margin).
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Data for Center For Financial Training Atlantic & Central States (EIN 06-1367018) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.