Training Center Incorporated

Nonprofit profile at a glance

EIN
451197488
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022, Form 990-N 2020
Location
Marion, IN, USA
Phone
7652510879
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Vocational Rehabilitation
Affiliation
Christianity

Official website

Reported finances

Revenue
$223,589
Expenses
$225,051
Assets
$60,481
Liabilities
$2,050

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Kristy Barney (President)
  • Jonathan Strong (Vice President)
  • Cosette Crist (Executive Director)

Highest reported compensation

  • Cosette Crist (Executive Director): $48,332 total reported compensation
  • Mary Prows (Chief Financial Officer): $11,880 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Primary Purpose - The primary purpose of the Training Center is to offer education assistance to at risk students in Marion IN enrolled in Marion Community Schools Lakeview Christian School or St Paul Parrish School. Risk can be identified as educational physical and or social emotional. Our agency partners with the three school systems to offer a smaller learning environment ot be an extention of the daily educational learning process. The Training Center partners with over 18 other local agencies to provide quality services for students and their families.

What it reported doing in 2024

Educational Enrichment & Social Emotional Learning - The Training Center is a 21st Century Community Learning Center working with at risk students Kindergarten through 8th Grade in Marion IN . The Program assists in homework remedial reading & math STEM College and Career and Social Emotional Learning. Partnerships include Indiana Wesleyan University who provides college students to tutor in Math & Reading students from a variety of academic majors doing volunteer work practicums internships and other activities. Other partnerships include Grant County Purdue Extension who offer Nutrition Class 4H and STEM exploration. Grant Blackford Mental Health agency Keystone offers parenting classes. Family Resource FireFly partners to offer family classes and assist with hygiene products. The Center has served 82 students and 52 families this fiscal year. Volunteer hours equate to value of over $25,000.

Operating model

Revenue model
Grant-funded. 76% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 78
  • Accountability: 82
  • Sustainability: 28
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.8%; rating input score 74
  • Program expense ratio: 73.3%; rating input score 73
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 25th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -0.7%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 0.27; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 36; 36th percentile among comparable filings
  • Officer compensation ratio: 26.8%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: -19.8% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: 9.8% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: 29.4% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 73.8% of revenue deployed · 73.3% of spending went to programs
  • Governance: 9 of 9 board members independent · 5 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $165K in reported program spending
  • Leadership: top reported pay $48K · 11 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 42 of 43 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 36/100.