Training & Research Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Thin reserves Growing revenue
Training & Research Foundation is a 501(c)(3) organization based in Tustin, California, registered in 1972, with $3,255,390 in FY2023 revenue. CharityIndex grades it C.
750 W 1st St, Tustin, CA, 92780 EIN 95-2958220 Since 1972
Revenue (FY2023)
$3.3M
▲ 90.4% vs prior year
Expenses (FY2023)
$3.2M
Net assets
$23K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—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 Training & Research Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +3% 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 Training & Research Foundation: 0 mo reserves · +3% margin earns a C 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 Training & Research Foundation— 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 Training & Research Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 750 W 1st St, Tustin, CA, 92780
- City
- Tustin
- State
- California
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $16.3M (FY2015) to $3.3M (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.7MNet assets $23K
Operating margin
2.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$1.7M
Net assets
$23K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,255,390▲90.4% | $3,170,375▲112% | $23,085▲137% | $1,738,422▲21.8% | 990 |
| 2022 | $1,710,079▲1028% | $1,495,130▲264% | -$61,930▲72.2% | $1,426,867▲315% | 990 |
| 2021 | $151,566▼71.4% | $411,002▼33.6% | -$222,420▼381% | $343,489▲133% | 990 |
| 2020 | $529,168▼95.0% | $618,881▼94.2% | $79,219▼53.1% | $147,638▼54.7% | 990 |
| 2019 | $10,668,816▼47.5% | $10,651,943▼47.4% | $168,932▼50.8% | $325,553▼81.6% | 990 |
| 2018 | $20,323,451▼4.4% | $20,249,717▼4.8% | $343,538▲27.3% | $1,770,483▲13.0% | 990 |
| 2017 | $21,250,851▲25.9% | $21,269,013▲25.4% | $269,804▼6.3% | $1,566,379▲78.8% | 990 |
| 2016 | $16,878,311▲3.6% | $16,955,620▲3.4% | $287,965▼21.2% | $875,907▼26.0% | 990 |
| 2015 | $16,297,314 | $16,398,007 | $365,274 | $1,183,164 | 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.
Frequently asked questions
- Is Training & Research Foundation a legitimate nonprofit?
- Yes. Training & Research Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-2958220, based in Tustin, California. Donations are tax-deductible.
- What is Training & Research Foundation's EIN?
- Training & Research Foundation's Employer Identification Number (EIN) is 95-2958220.
- How much revenue does Training & Research Foundation report?
- Training & Research Foundation reported $3,255,390 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Training & Research Foundation have?
- CharityIndex grades Training & Research Foundation C, based on financial health (reserves and operating margin).
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Data for Training & Research Foundation (EIN 95-2958220) 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.