Nonprofit · EIN 53-0238416
INTERNATIONAL TRAINING FUND
Tax-exempt · ANNAPOLIS, MD 21401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $38,304,002 | $42,129,350 | -$3,825,348 | $58,309,421 | $2,765,553 | $55,543,868 |
| December 31, 2024 | 990 | $36,605,064 | $36,694,661 | -$89,597 | $56,936,917 | $2,780,251 | $54,156,666 |
| December 31, 2023 | 990 | $35,871,236 | $36,682,629 | -$811,393 | $54,012,417 | $1,929,035 | $52,083,382 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $160,500
- Program service revenue
- $37,002,640
- Investment income
- $1,140,862
- Net gain from sales of assets
- $195,845
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $4,369,446
- Salaries, compensation and benefits (total)
- $6,888,785
- Professional fundraising fees
- $0
- Legal fees
- $156,726
- Accounting fees
- $54,233
- Occupancy
- $243,858
- Depreciation
- $46,742
- Program services (functional)
- $39,963,518
- Management and general (functional)
- $2,165,832
Balance sheet and other
- Total assets, start of year
- $56,936,917
- Total assets, end of year
- $58,309,421
- Total liabilities, end of year
- $2,765,553
- Net assets, end of year
- $55,543,868
- Land, buildings and equipment
- $161,408
- Publicly traded securities
- $5,784,932
- Net assets without donor restrictions
- $55,543,868
- Gross receipts
- $38,559,004
- Employees
- 30
- Volunteers
- 0
- Year formed
- 1956
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RAYMOND BOYD | CHAIRMAN Trustee or director, Officer | 40 | $0 | $345,205 | $119,847 |
| MICHAEL GALFANO | ASSISTANT DIRECTOR Highest-paid employee | 40 | $262,327 | $0 | $103,646 |
| MICHEAL HAZARD | TRAINING SPECIALIST Highest-paid employee | 40 | $244,633 | $0 | $101,111 |
| JOSEPH FERNANDEZ JR | TRAINING SPECIALIST Highest-paid employee | 40 | $244,588 | $0 | $101,111 |
| KENNETH SCHNEIDER | TRAINING SPECIALIST Highest-paid employee | 40 | $243,787 | $0 | $89,460 |
| JENNIFER MASSEY | TRAINING SPECIALIST Highest-paid employee | 40 | $244,647 | $0 | $72,778 |
| KEVIN BELLEW | TRUSTEE Trustee or director | 1 | $0 | $2,450 | $0 |
| JEREMY DIAZ | TRUSTEE Trustee or director | 1 | $0 | $2,450 | $0 |
| RUSSELL SCHERBER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| RENEE FIORELLI | CO-CHAIRMAN Trustee or director | 1 | $0 | $0 | $0 |
| LANCE GUNNELLS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOHN MCNEILA | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| GREG FULLER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ERIC MUSSYNSKI | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CORDELL TIETZ | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN RICH | TRUSTEE Trustee or director | 1 | $0 |
| RICHARD EVANS | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 17 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RAYMOND BOYD | CHAIRMAN Trustee or director, Officer | 40 | $0 | $340,726 | $112,354 |
| MICHAEL GALFANO | ASSISTANT DIRECTOR Highest-paid employee | 40 | $273,016 | $0 | $96,651 |
| MICHEAL HAZARD | TRAINING SPECIALIST Highest-paid employee | 40 | $238,144 | $0 | $94,116 |
| JOSEPH FERNANDEZ JR | TRAINING SPECIALIST Highest-paid employee | 40 | $238,099 | $0 | $94,116 |
| RANDALL GANDY | TRAINING SPECIALIST Highest-paid employee | 40 | $237,725 | $0 | $84,212 |
| JENNIFER MASSEY | TRAINING SPECIALIST Highest-paid employee | 40 | $238,313 | $0 | $70,050 |
| KEVIN BELLEW | TRUSTEE Trustee or director | 1 | $0 | $2,800 | $0 |
| RUSSELL SCHERBER | TRUSTEE Trustee or director | 1 | $0 | $1,750 | $0 |
| RENEE FIORELLI | CO-CHAIRMAN Trustee or director | 1 | $0 | $0 | $0 |
| LANCE GUNNELLS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOHN MCNEILA | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| GREGORY LANCETTE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| GREG FULLER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ERIC MUSSYNSKI | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CORDELL TIETZ | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BRIAN RICH | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| AARON BUTLER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RAYMOND BOYD | CHAIRMAN Trustee or director, Officer | 40 | $0 | $326,945 | $120,442 |
| MICHAEL GALFANO | ASSISTANT DIRECTOR Highest-paid employee | 40 | $264,760 | $0 | $109,683 |
| TRENTON MAUK | TRAINING SPECIALIST Highest-paid employee | 40 | $230,856 | $0 | $105,221 |
| KENNETH SCHNEIDER | TRAINING SPECIALIST Highest-paid employee | 40 | $230,863 | $0 | $104,393 |
| BRUCE DANTLEY | TRAINING SPECIALIST Highest-paid employee | 40 | $231,973 | $0 | $74,586 |
| JENNIFER MASSEY | TRAINING SPECIALIST Highest-paid employee | 40 | $231,361 | $0 | $74,586 |
| KEVIN BELLEW | TRUSTEE Trustee or director | 1 | $0 | $3,150 | $0 |
| SCOTT GALE | TRUSTEE Trustee or director | 1 | $0 | $2,800 | $0 |
| AARON BUTLER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| GREGORY LANCETTE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| RENEE FIORELLI | CO-CHAIRMAN Trustee or director | 1 | $0 | $0 | $0 |
| GREG FULLER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CORDELL TIETZ | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| RUSSELL SCHERBER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| FRED BARALL | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BRIAN RICH | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MARK ROGERS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- THREE PARK PLACE, ANNAPOLIS, MD 21401-3687
- Principal officer (990 for 2025)
- RAYMOND BOYD, THREE PARK PLACE, ANNAPOLIS, MD 21401
- Signed the 990
- RAYMOND BOYD, TRUSTEE
- Phone
- (410) 269-2000
- Return prepared by
- CALIBRE CPA GROUP PLLC
Mission
TO PROVIDE TRAINING AND RELATED BENEFITS TO ELIGIBLE ENTITIES.
Program accomplishments
- THE PRIMARY PURPOSE IS TO PROVIDE TRAINING AND RELATED BENEFITS TO ELIGIBLE ENTITIES.Expenses $39,963,518 · revenue $37,198,485
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 53-0238416
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S99)
- Assets (IRS master file)
- $58,309,421
- Income (IRS master file)
- $38,559,004
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $38,304,002 | $42,129,350 | $58,309,421 | XML |
| 990 | December 2024 | $36,605,064 | $36,694,661 | $56,936,917 | XML |
| 990 | December 2023 | $35,871,236 | $36,682,629 | $54,012,417 | XML |
| 990 | December 2022 | $32,761,205 | $37,428,951 | $52,577,653 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 53-0238416).
Questions about INTERNATIONAL TRAINING FUND
- What is the EIN of INTERNATIONAL TRAINING FUND?
- The employer identification number (EIN) of INTERNATIONAL TRAINING FUND is 53-0238416.
- Is INTERNATIONAL TRAINING FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to INTERNATIONAL TRAINING FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INTERNATIONAL TRAINING FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INTERNATIONAL TRAINING FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INTERNATIONAL TRAINING FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INTERNATIONAL TRAINING FUND?
- The 990 for the year ended December 31, 2025 names RAYMOND BOYD.
- Who are the officers and directors of INTERNATIONAL TRAINING FUND?
- The 990 for the year ended December 31, 2025 lists 17 people; 5 received compensation from the organization.
- How much revenue does INTERNATIONAL TRAINING FUND have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $38,304,002, expenses of $42,129,350 and total assets of $58,309,421 at year end.
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