Civic Intelligence

Center for Financial Training Atlantic and Central States Inc

990 • Fiscal year 2020 • EIN 06-1367018

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 28, 2021

Organization ProfileWWW.CFTNOW.ORG

View Organization Page

PO Box 969Norwich, CT 06360

(800) 795-5242

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.82x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.16x

Higher debt load relative to revenue than 53% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

19th percentile

-14%

Higher net margin than 19% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

91st percentile

$219,416

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 13.5% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

3rd percentile

-29%

Faster asset growth than 3% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

15th percentile

-32%

Faster revenue growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$309,975

Down $125,227 (-29%) from 2019

Net Assets

Down

$56,575

Down $236,291 (-81%) from 2019

Liabilities

Up

$253,400

Up $111,064 (+78%) from 2019

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin19th percentile

Revenue

Down

$1,630,259

Down $755,032 (-32%) from 2019

Expenses

Down

$1,866,451

Down $768,671 (-29%) from 2019

Net Income

Up

-$236,192

Up $13,639 (+5.5%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $670,668Liabilities 2011: $233,354Net Assets 2011: $437,3142011Assets 2012: $832,346Liabilities 2012: $247,269Net Assets 2012: $585,0772012Assets 2013: $1,024,349Liabilities 2013: $324,807Net Assets 2013: $699,5422013Assets 2014: $1,047,598Liabilities 2014: $280,742Net Assets 2014: $766,8562014Assets 2015: $927,614Liabilities 2015: $156,020Net Assets 2015: $771,5942015Assets 2016: $984,184Liabilities 2016: $236,367Net Assets 2016: $747,8172016Assets 2017: $909,536Liabilities 2017: $229,280Net Assets 2017: $680,2562017Assets 2018: $767,446Liabilities 2018: $220,342Net Assets 2018: $547,1042018Assets 2019: $435,202Liabilities 2019: $142,336Net Assets 2019: $292,8662019Assets 2020: $309,975Liabilities 2020: $253,400Net Assets 2020: $56,5752020Assets 2021: $436,237Liabilities 2021: $47,155Net Assets 2021: $389,0822021Assets 2022: $825,987Liabilities 2022: $908Net Assets 2022: $825,0792022Assets 2023: $1,045,789Liabilities 2023: $2,238Net Assets 2023: $1,043,5512023Assets 2024: $986,106Liabilities 2024: $3,071Net Assets 2024: $983,0352024

Highlighted filing

2020

Assets$309,975
Liabilities$253,400
Net Assets$56,575
Open 2020 Filing

Operations Trend

Revenue Growth15th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,756,049Expenses 2011: $2,666,189Net Income 2011: $89,8602011Revenue 2012: $3,043,786Expenses 2012: $2,896,023Net Income 2012: $147,7632012Revenue 2013: $3,193,791Expenses 2013: $3,079,326Net Income 2013: $114,4652013Revenue 2014: $3,418,072Expenses 2014: $3,350,758Net Income 2014: $67,3142014Revenue 2015: $3,130,856Expenses 2015: $3,126,118Net Income 2015: $4,7382015Revenue 2016: $3,190,885Expenses 2016: $3,214,662Net Income 2016: -$23,7772016Revenue 2017: $3,223,325Expenses 2017: $3,290,886Net Income 2017: -$67,5612017Revenue 2018: $2,799,949Expenses 2018: $2,933,101Net Income 2018: -$133,1522018Revenue 2019: $2,385,291Expenses 2019: $2,635,122Net Income 2019: -$249,8312019Revenue 2020: $1,630,259Expenses 2020: $1,866,451Net Income 2020: -$236,1922020Revenue 2021: $1,009,039Expenses 2021: $671,741Net Income 2021: $337,2982021Revenue 2022: $1,573,505Expenses 2022: $1,134,127Net Income 2022: $439,3782022Revenue 2023: $1,408,196Expenses 2023: $1,308,542Net Income 2023: $99,6542023Revenue 2024: $1,370,185Expenses 2024: $1,430,700Net Income 2024: -$60,5152024

Highlighted filing

2020

Revenue$1,630,259
Expenses$1,866,451
Net Income-$236,192
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 28, 2021
Return Version
2019v5.2
Gross Receipts
$1,630,259
Mission and Program Overview

Mission

Cft acs is dedicated to providing professionally administered educational programs that will continually meet the needs of the financial services industry of the atlantic and central states.

Providing continuing education programs and seminars in accodance with the expectations of financial institutions

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$215,073$137,489▼ $77,584
Inventories for Sale or Use$47,892$52,681▲ $4,789
Savings and Temporary Cash Investments$14,338$46,006▲ $31,668
Land, Buildings, and Equipment, Net$37,793$43,601▲ $5,808
Cash and Non-Interest-Bearing Accounts$107,140$30,198▼ $76,942
Prepaid Expenses and Deferred Charges$12,966$0▼ $12,966
Total Assets$435,202$309,975▼ $125,227
Liabilities
Accounts Payable and Accrued Expenses$142,336$253,400▲ $111,064
Total Liabilities$142,336$253,400▲ $111,064
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$292,866$56,575▼ $236,291
Total Net Assets Fund Balance$292,866$56,575▼ $236,291
Total Liabilities and Net Assets / Fund Balance$435,202$309,975▼ $125,227

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$43,601$381,626$425,227
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael MeakemPresident & CEO (resigned)FT$179,187$40,229$219,416
Scott BriggsSenior Vice President (resigned)FT$141,645$37,977$179,622
Marta CareySenior Vice PresidentFT$117,732$36,542$154,274

Board Members and Trustees

NameTitle
William WagnerChairman
John PerottiVice Chairman
Brian WallaceDirector
Chris PadgettDirector
Conrad BernierDirector
DAVID O'CONNORDirector
Daniel ForteDirector
George ConnorsDirector
Geri KellyDirector
John McweeneyDirector
Marc HendriksonDirector
Ralph SchankDirector
William CalderaraDirector
Lindsey PinkhamSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,630,190
Investment Income
$69
Other Revenue
$0
Change in Net Assets
$-236,192
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,167,426
Salaries, Compensation, and Employee Benefits$699,025
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$194,176$110,129-$304,305
Current Officers, Directors, Trustees, and Key Employees$114,339$64,848-$179,187
Conferences and Meetings$162,043$16,423-$178,466
Other Employee Benefits$79,518$40,710-$120,228
Office Expenses-$59,921-$59,921
Payroll Taxes$39,254$18,865-$58,119
Pension Plan Contributions$23,728$13,458-$37,186
Fees for Services Accounting-$17,232-$17,232
Depreciation Depletion-$15,720-$15,720
Insurance-$13,656-$13,656
Advertising$6,494$6,745-$13,239
Information Technology-$13,111-$13,111
Occupancy-$12,350-$12,350
All Other Expenses-$8,130-$8,130
Travel-$7,012-$7,012
Other Expenses$783,566$7,008-$7,008
Fees for Services Legal-$2,131-$2,131
Fees for Services Management-$723-$723
Total Functional Expenses$1,403,118$463,333$0$1,866,451
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Form 990 was distributed via email to all board members prior to the 990 being filed.”

Form 990, Part VI, Section B, Line 12C

“An annual conflict of interest policy disclosure is required for all board members and officers of the company. Additionally, employees are required to annually sign off on a gift policy and disclosure form.”

Form 990, Part VI, Section B, Line 15

“The cftacs personnel committee (primary bank ceo's serving on our board of directors) reviews all salary and benefits for employees annually prior to the july meeting. Salary recommendations are based upon comparable salary levels for quivalent jobs in the financial services industry.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Center for Financial Training Atlantic
EIN
06-1367018
Phone
8007955242
Address
PO BOX 969, NORWICH, CT 06360

Signing Officer

Name
Marta Carey
Title
President & CEO
Phone
8603576141
Signed
2021-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marta W Carey
Formed
1993
Legal Domicile
Ct
Voting Board Members
11
Independent Board Members
11
Employees
8
Volunteers
35

Preparer

Firm
Wolf & Company Pc
Address
99 HIGH STREET 21ST FLOOR, BOSTON, MA 02110
Preparer
Harry a Kalajian Jr CPA
Phone
6174399700
Raw XML AppendixShowing 400 of 512 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0142336
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0253400
IRS990/AccountsReceivableGrp/BOYAmt0215073
IRS990/AccountsReceivableGrp/EOYAmt0137489
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDING CONTINUING EDUCATION PROGRAMS AND SEMINARS IN ACCODANCE WITH THE EXPECTATIONS OF FINANCIAL INSTITUTIONS
IRS990/AdvertisingGrp/ManagementAndGeneralAmt06745
IRS990/AdvertisingGrp/ProgramServicesAmt06494
IRS990/AdvertisingGrp/TotalAmt013239
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08130
IRS990/AllOtherExpensesGrp/TotalAmt08130
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARTA W CAREY
IRS990/BooksInCareOfDetail/PhoneNum08007955242
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 969
IRS990/BooksInCareOfDetail/USAddress/CityNm0NORWICH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006360
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0107140
IRS990/CashNonInterestBearingGrp/EOYAmt030198
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt064848
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0114339
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0179187
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt016423
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0162043
IRS990/ConferencesMeetingsGrp/TotalAmt0178466
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt069
IRS990/CYOtherExpensesAmt01167426
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01630190
IRS990/CYRevenuesLessExpensesAmt0-236192
IRS990/CYSalariesCompEmpBnftPaidAmt0699025
IRS990/CYTotalExpensesAmt01866451
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01630259
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt015720
IRS990/DepreciationDepletionGrp/TotalAmt015720
IRS990/Desc0CONTINUING EDUCATIONAL PROGRAMS, FORUMS AND SEMINARS FOR THE FINANCIAL SERVICES COMMUNITY
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01403118
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt017232
IRS990/FeesForServicesAccountingGrp/TotalAmt017232
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02131
IRS990/FeesForServicesLegalGrp/TotalAmt02131
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0723
IRS990/FeesForServicesManagementGrp/TotalAmt0723
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt340229
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1537977
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1636542
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM WAGNER
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN PEROTTI
IRS990/Form990PartVIISectionAGrp/PersonNm2LINDSEY PINKHAM
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHAEL MEAKEM
IRS990/Form990PartVIISectionAGrp/PersonNm4CONRAD BERNIER
IRS990/Form990PartVIISectionAGrp/PersonNm5WILLIAM CALDERARA
IRS990/Form990PartVIISectionAGrp/PersonNm6GEORGE CONNORS
IRS990/Form990PartVIISectionAGrp/PersonNm7DANIEL FORTE
IRS990/Form990PartVIISectionAGrp/PersonNm8MARC HENDRIKSON
IRS990/Form990PartVIISectionAGrp/PersonNm9GERI KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm10JOHN MCWEENEY
IRS990/Form990PartVIISectionAGrp/PersonNm11DAVID O'CONNOR
IRS990/Form990PartVIISectionAGrp/PersonNm12CHRIS PADGETT
IRS990/Form990PartVIISectionAGrp/PersonNm13RALPH SCHANK
IRS990/Form990PartVIISectionAGrp/PersonNm14BRIAN WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm15SCOTT BRIGGS
IRS990/Form990PartVIISectionAGrp/PersonNm16MARTA CAREY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3179187
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15141645
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16117732
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT & CEO (RESIGNED)
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15SENIOR VICE PRESIDENT (RESIGNED)
IRS990/Form990PartVIISectionAGrp/TitleTxt16SENIOR VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01630259
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt013111
IRS990/InformationTechnologyGrp/TotalAmt013111
IRS990/InsuranceGrp/ManagementAndGeneralAmt013656
IRS990/InsuranceGrp/TotalAmt013656
IRS990/InventoriesForSaleOrUseGrp/BOYAmt047892
IRS990/InventoriesForSaleOrUseGrp/EOYAmt052681
IRS990/InvestmentIncomeGrp/ExclusionAmt069
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt069
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0381626
IRS990/LandBldgEquipBasisNetGrp/BOYAmt037793
IRS990/LandBldgEquipBasisNetGrp/EOYAmt043601
IRS990/LandBldgEquipCostOrOtherBssAmt0425227
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CENTER FOR FINANCIAL TRAINING IS DEDICATED TO PROVIDING PROFESSIONALLY ADMINISTERED BANKER EDUCATION AND TRAINING THAT CONTINUALLY MEETS THE EDUCATIONAL NEEDS OF BANK, CREDIT UNION, AND OTHER EMPLOYEES IN THE FINANCIAL SERVICES INDUSTRY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0292866
IRS990/NetAssetsOrFundBalancesEOYAmt056575
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0292866
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt056575
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt012350
IRS990/OccupancyGrp/TotalAmt012350
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt059921
IRS990/OfficeExpensesGrp/TotalAmt059921
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt040710
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt079518
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0120228
IRS990/OtherExpensesGrp/Desc0OTHER COURSE & SEMINAR
IRS990/OtherExpensesGrp/Desc1BANK & CREDIT CARD CHAR
IRS990/OtherExpensesGrp/Desc2PAYROLL FEE/EXPENSES
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL & MAIN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt027997
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17164
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27008
IRS990/OtherExpensesGrp/ProgramServicesAmt0783566
IRS990/OtherExpensesGrp/TotalAmt0783566
IRS990/OtherExpensesGrp/TotalAmt127997
IRS990/OtherExpensesGrp/TotalAmt27164
IRS990/OtherExpensesGrp/TotalAmt37008
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0110129
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0194176
IRS990/OtherSalariesAndWagesGrp/TotalAmt0304305
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018865
IRS990/PayrollTaxesGrp/ProgramServicesAmt039254
IRS990/PayrollTaxesGrp/TotalAmt058119
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt013458
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt023728
IRS990/PensionPlanContributionsGrp/TotalAmt037186
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012966
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MARTA W CAREY
IRS990/PriorPeriodAdjustmentsAmt0-99
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION
IRS990/ProgramServiceRevenueGrp/Desc1BANKS'S FORUM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01612167
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt118023
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01612167
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt118023
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0187
IRS990/PYOtherExpensesAmt01739766
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02385104
IRS990/PYRevenuesLessExpensesAmt0-249831
IRS990/PYSalariesCompEmpBnftPaidAmt0895356
IRS990/PYTotalExpensesAmt02635122
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02385291
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-236192
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01630190
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014338
IRS990/SavingsAndTempCashInvstGrp/EOYAmt046006
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt043601
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0381626
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0425227
IRS990ScheduleD/TotalBookValueLandBuildingsAmt043601
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd00
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0BY BROCHURE
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1QUESTIONS 4B AND 4D DO NOT APPLY TO THIS ORGANIZATION. SCHOLARSHIPS ARE NOT AWARDED AND CONTRIBUTIONS ARE NOT SOLICITED.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0179187
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1141645
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2117732
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt010751
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt18499
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt27064
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt029478
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt129478
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt229478
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$309,975
Liabilities
$253,400
Net assets
$56,575
Revenue
$1,630,259
Expenses
$1,866,451
Net income
-$236,192
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.98$1.37$1.43$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.04$1.41$1.31$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$1.57$1.13$0.44
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.05$0.39$1.01$0.67$0.34
2020Detailed filing. Detailed filing data is available for this year.$0.31$0.25$0.06$1.63$1.87$0.24
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.14$0.29$2.39$2.64$0.25
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.22$0.55$2.80$2.93$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.91$0.23$0.68$3.22$3.29$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.98$0.24$0.75$3.19$3.21$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.93$0.16$0.77$3.13$3.13$0.00
2014Summary only. Only limited summary data is available for this year.$1.05$0.28$0.77$3.42$3.35$0.07
2013Summary only. Only limited summary data is available for this year.$1.02$0.32$0.70$3.19$3.08$0.11
2012Summary only. Only limited summary data is available for this year.$0.83$0.25$0.59$3.04$2.90$0.15
2011Summary only. Only limited summary data is available for this year.$0.67$0.23$0.44$2.76$2.67$0.09