Civic Intelligence

Center for Financial Training Atlantic and Central States Inc

990 • Fiscal year 2021 • EIN 06-1367018

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 06, 2022

Organization ProfileWWW.CFTNOW.ORG

View Organization Page

10 Waterside Dr No 300Farmington, CT 06032

(800) 795-5242

Siviq Scores

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

Liabilities / Assets

57th percentile

0.11x

Higher debt load relative to assets than 57% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

40th percentile

0.05x

Higher debt load relative to revenue than 40% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

77th percentile

33%

Higher net margin than 77% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

86th percentile

$161,764

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

83rd percentile

41%

Faster asset growth than 83% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

7th percentile

-38%

Faster revenue growth than 7% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$436,237

Up $126,262 (+41%) from 2020

Net Assets

Up

$389,082

Up $332,507 (+588%) from 2020

Liabilities

Down

$47,155

Down $206,245 (-81%) from 2020

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin77th percentile

Revenue

Down

$1,009,039

Down $621,220 (-38%) from 2020

Expenses

Down

$671,741

Down $1,194,710 (-64%) from 2020

Net Income

Up

$337,298

Up $573,490 (+243%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth83rd 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

2021

Assets$436,237
Liabilities$47,155
Net Assets$389,082
Open 2021 Filing

Operations Trend

Revenue Growth7th 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

2021

Revenue$1,009,039
Expenses$671,741
Net Income$337,298
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 6, 2022
Return Version
2020v4.2
Gross Receipts
$1,009,039
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
Cash and Non-Interest-Bearing Accounts$30,198$382,019▲ $351,821
Land, Buildings, and Equipment, Net$43,601$0▼ $43,601
Accounts Receivable$137,489$33,105▼ $104,384
Inventories for Sale or Use$52,681$17,534▼ $35,147
Savings and Temporary Cash Investments$46,006$3,579▼ $42,427
Total Assets$309,975$436,237▲ $126,262
Liabilities
Accounts Payable and Accrued Expenses$253,400$47,155▼ $206,245
Total Liabilities$253,400$47,155▼ $206,245
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$56,575$389,082▲ $332,507
Total Net Assets Fund Balance$56,575$389,082▲ $332,507
Total Liabilities and Net Assets / Fund Balance$309,975$436,237▲ $126,262

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$413,905$413,905
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marta CareyPresident & CEOFT$136,078$25,686$161,764
Renee FewAssistant Vice PresidentFT$52,117$22,525$74,642
Crista OlsonVice PresidentFT$62,429-$62,429

Board Members and Trustees

NameTitle
William WagnerChairman
Brian WallaceDirector
Chris PadgettDirector
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
$1,008,956
Investment Income
$83
Other Revenue
$0
Change in Net Assets
$337,298
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$440,244
Other Expenses$231,497
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$143,850$81,585-$225,435
Payroll Taxes$43,873$21,084-$64,957
Pension Plan Contributions$39,300$22,289-$61,589
Other Employee Benefits$38,869$19,899-$58,768
Depreciation Depletion-$43,600-$43,600
Information Technology-$42,752-$42,752
Conferences and Meetings$36,373$3,686-$40,059
Other Salaries and Wages$18,821$10,674-$29,495
Fees for Services Legal-$27,970-$27,970
Insurance-$9,764-$9,764
Fees for Services Accounting-$9,488-$9,488
Office Expenses-$2,041-$2,041
Other Expenses-$1,095-$1,095
All Other Expenses-$626-$626
Travel-$426-$426
Advertising$7$8-$15
Total Functional Expenses$321,093$350,648$0$671,741
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
10 WATERSIDE DR NO 300, FARMINGTON, CT 06032

Signing Officer

Name
Marta Carey
Title
President & CEO
Phone
8603576141
Signed
2022-04-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marta W Carey
Formed
1993
Legal Domicile
Ct
Voting Board Members
9
Independent Board Members
9
Employees
7
Volunteers
9

Preparer

Firm
Wolf & Company Pc
Address
255 STATE STREET, BOSTON, MA 02109
Preparer
Harry a Kalajian Jr CPA
Phone
6174399700
Raw XML AppendixShowing 400 of 446 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/BOYAmt0253400
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt047155
IRS990/AccountsReceivableGrp/BOYAmt0137489
IRS990/AccountsReceivableGrp/EOYAmt033105
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDING CONTINUING EDUCATION PROGRAMS AND SEMINARS IN ACCODANCE WITH THE EXPECTATIONS OF FINANCIAL INSTITUTIONS
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ManagementAndGeneralAmt08
IRS990/AdvertisingGrp/ProgramServicesAmt07
IRS990/AdvertisingGrp/TotalAmt015
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0626
IRS990/AllOtherExpensesGrp/TotalAmt0626
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARTA W CAREY
IRS990/BooksInCareOfDetail/PhoneNum08007955242
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010 WATERSIDE DR NO 300
IRS990/BooksInCareOfDetail/USAddress/CityNm0FARMINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006032
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt030198
IRS990/CashNonInterestBearingGrp/EOYAmt0382019
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt081585
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0143850
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0225435
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt03686
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt036373
IRS990/ConferencesMeetingsGrp/TotalAmt040059
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt083
IRS990/CYOtherExpensesAmt0231497
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01008956
IRS990/CYRevenuesLessExpensesAmt0337298
IRS990/CYSalariesCompEmpBnftPaidAmt0440244
IRS990/CYTotalExpensesAmt0671741
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01009039
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt043600
IRS990/DepreciationDepletionGrp/TotalAmt043600
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/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0321093
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09488
IRS990/FeesForServicesAccountingGrp/TotalAmt09488
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt027970
IRS990/FeesForServicesLegalGrp/TotalAmt027970
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
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/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt225686
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1122525
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM WAGNER
IRS990/Form990PartVIISectionAGrp/PersonNm1LINDSEY PINKHAM
IRS990/Form990PartVIISectionAGrp/PersonNm2MARTA CAREY
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM CALDERARA
IRS990/Form990PartVIISectionAGrp/PersonNm4GEORGE CONNORS
IRS990/Form990PartVIISectionAGrp/PersonNm5MARC HENDRIKSON
IRS990/Form990PartVIISectionAGrp/PersonNm6GERI KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm7JOHN MCWEENEY
IRS990/Form990PartVIISectionAGrp/PersonNm8CHRIS PADGETT
IRS990/Form990PartVIISectionAGrp/PersonNm9RALPH SCHANK
IRS990/Form990PartVIISectionAGrp/PersonNm10BRIAN WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm11RENEE FEW
IRS990/Form990PartVIISectionAGrp/PersonNm12CRISTA OLSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2136078
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1152117
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1262429
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/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11ASSISTANT VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01009039
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt042752
IRS990/InformationTechnologyGrp/TotalAmt042752
IRS990/InsuranceGrp/ManagementAndGeneralAmt09764
IRS990/InsuranceGrp/TotalAmt09764
IRS990/InventoriesForSaleOrUseGrp/BOYAmt052681
IRS990/InventoriesForSaleOrUseGrp/EOYAmt017534
IRS990/InvestmentIncomeGrp/ExclusionAmt083
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt083
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0413905
IRS990/LandBldgEquipBasisNetGrp/BOYAmt043601
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0413905
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/NetAssetsOrFundBalancesBOYAmt056575
IRS990/NetAssetsOrFundBalancesEOYAmt0389082
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt056575
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0389082
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02041
IRS990/OfficeExpensesGrp/TotalAmt02041
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019899
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt038869
IRS990/OtherEmployeeBenefitsGrp/TotalAmt058768
IRS990/OtherExpensesGrp/Desc0BANK & CREDIT CARD CHAR
IRS990/OtherExpensesGrp/Desc1ACCREDITATION FEE
IRS990/OtherExpensesGrp/Desc2PAYROLL FEE/EXPENSES
IRS990/OtherExpensesGrp/Desc3PROPERTY TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt049038
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21123
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31095
IRS990/OtherExpensesGrp/TotalAmt049038
IRS990/OtherExpensesGrp/TotalAmt13500
IRS990/OtherExpensesGrp/TotalAmt21123
IRS990/OtherExpensesGrp/TotalAmt31095
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010674
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt018821
IRS990/OtherSalariesAndWagesGrp/TotalAmt029495
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt021084
IRS990/PayrollTaxesGrp/ProgramServicesAmt043873
IRS990/PayrollTaxesGrp/TotalAmt064957
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt022289
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt039300
IRS990/PensionPlanContributionsGrp/TotalAmt061589
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARTA W CAREY
IRS990/PriorPeriodAdjustmentsAmt0-4791
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01008956
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01008956
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt069
IRS990/PYOtherExpensesAmt01167426
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01630190
IRS990/PYRevenuesLessExpensesAmt0-236192
IRS990/PYSalariesCompEmpBnftPaidAmt0699025
IRS990/PYTotalExpensesAmt01866451
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01630259
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0337298
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01008956
IRS990/SavingsAndTempCashInvstGrp/BOYAmt046006
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03579
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0413905
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0413905
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
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/BaseCompensationFilingOrgAmt0136078
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05443
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt020243
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARTA CAREY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0161764
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WAS DISTRIBUTED VIA EMAIL TO ALL BOARD MEMBERS PRIOR TO THE 990 BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AN 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0309975
IRS990/TotalAssetsEOYAmt0436237
IRS990/TotalAssetsGrp/BOYAmt0309975
IRS990/TotalAssetsGrp/EOYAmt0436237
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0350648
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0321093
IRS990/TotalFunctionalExpensesGrp/TotalAmt0671741
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0253400
IRS990/TotalLiabilitiesEOYAmt047155
IRS990/TotalLiabilitiesGrp/BOYAmt0253400
IRS990/TotalLiabilitiesGrp/EOYAmt047155
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt056575
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0389082
IRS990/TotalOtherCompensationAmt048211
IRS990/TotalProgramServiceExpensesAmt0321093
IRS990/TotalProgramServiceRevenueAmt01008956
IRS990/TotalReportableCompFromOrgAmt0250624
IRS990/TotalRevenueGrp/ExclusionAmt083
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01008956
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01009039
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0309975
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0436237
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0426
IRS990/TravelGrp/TotalAmt0426

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$436,237
Liabilities
$47,155
Net assets
$389,082
Revenue
$1,009,039
Expenses
$671,741
Net income
$337,298
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $1M-$5M nonprofits