Nonprofit · EIN 84-2218596
FINANCIAL ADVISOR TRAINING INSTITUTE
Tax-exempt · BLOOMFLD HLS, MI 48301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $926,169 | $732,342 | $193,827 | $243,780 | $153,523 | $90,257 |
| December 31, 2024 | 990 | $780,543 | $964,607 | -$184,064 | $39,357 | $142,927 | -$103,570 |
| December 31, 2023 | 990 | $1,008,722 | $909,965 | $98,757 | $210,813 | $130,319 | $80,494 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $926,169
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $78,155
- Salaries, compensation and benefits (total)
- $137,031
- Professional fundraising fees
- $0
- Legal fees
- $2,494
- Accounting fees
- $10,515
- Occupancy
- $13,800
- Travel
- $2,801
- Program services (functional)
- $557,229
- Management and general (functional)
- $175,113
Balance sheet and other
- Total assets, start of year
- $39,357
- Total assets, end of year
- $243,780
- Total liabilities, end of year
- $153,523
- Net assets, end of year
- $90,257
- Net assets without donor restrictions
- $90,257
- Gross receipts
- $926,169
- Employees
- 2
- Volunteers
- 4
- Year formed
- 2019
- State of legal domicile
- MI
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 |
|---|---|---|---|
| TERRY LINDNER | President & CEO Trustee or director, Officer | 50 | $78,155 |
| JOHN OESTREICH | Secretary Trustee or director, Officer | 0.25 | $0 |
| ROBIN WHEELER | Treasurer Trustee or director, Officer | 0.25 | $0 |
| DAVID HENSLEY | Trustee Trustee or director | 0.25 | $0 |
| JOSHUA ROSS | Trustee Trustee or director | 0.25 | $0 |
| JOSEPH GODFREY | Trustee Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERRY LINDNER | CEO/PRESDIENT OF BOARD Trustee or director, Officer | 50 | $51,000 |
| JOHN OESTREICH | SECRETARY Trustee or director, Officer | 0.25 | $0 |
| ROBIN WHEELER | TREASURER Trustee or director, Officer | 0.25 | $0 |
| DAVID HENSLEY | BOARD MEMBER Trustee or director | 0.25 | $0 |
| JOSHUA ROSS | BOARD MEMBER Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERRY LINDNER | CEO/PRESDIENT OF BOARD Trustee or director, Officer | 50 | $51,000 |
| BRAD FROLING | PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| DAVID BELLO | SECRETARY Trustee or director, Officer | 0.25 | $0 |
| THEODORE BROWN | TREASURER Trustee or director, Officer | 0.25 | $0 |
| LORI AJLOUNI | DIRECTOR Trustee or director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 3707 W MAPLE RD STE 101, BLOOMFLD HLS, MI 48301-3201
- Mailing address (990-N for 2021)
- 3707 W MAPLE RD STE 101, BLOOMFIELD HILLS MI 48301
- Principal officer (990 for 2025)
- TERRY LINDNER, 3707 W MAPLE RD 101, BLOOMFIELD HILLS, MI 48301
- Principal officer (990-N for 2021)
- TERRY LINDNER, 3707 W MAPLE RD STE 101, BLOOMFIELD HILLS MI 48301
- Signed the 990
- TERRY LINDNER, CEO
- Phone
- (313) 300-2277
- Return prepared by
- Tina Ganeva CPA
Mission
THE FINANCIAL ADVISOR TRAINING INSTITUTE'S FATI MISSION IS TO RESTOCK A DEPLETING TALENT POOL OF QUALIFIED FINANCIAL ADVISORS IN THE RETAIL INVESTMENT SERVICES COMMUNINTY IN THE UNITED STATES BY CREATING A CONSISTENT LEARNING ENVIRONMENT THAT TEACHES PROFESSIONALISM, HIGH ETHICAL STANDARDS, SOPHISTICATED INVESTMENT AND
Program accomplishments
- FINANCIAL ADVISOR TRAINING PROGRAMExpenses $557,229 · revenue $926,169
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
- 84-2218596
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B28)
- Assets (IRS master file)
- $243,780
- Income (IRS master file)
- $926,169
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $926,169 | $732,342 | $243,780 | XML |
| 990 | December 2024 | $780,543 | $964,607 | $39,357 | XML |
| 990 | December 2023 | $1,008,722 | $909,965 | $210,813 | XML |
| 990 | December 2022 | $452,048 | $357,984 | $132,952 | IRS |
| 990-N for 2021 Officer: TERRY LINDNER | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: BRADLEY FROLING | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: BRADLEY FROLING | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 84-2218596).
Questions about FINANCIAL ADVISOR TRAINING INSTITUTE
- What is the EIN of FINANCIAL ADVISOR TRAINING INSTITUTE?
- The employer identification number (EIN) of FINANCIAL ADVISOR TRAINING INSTITUTE is 84-2218596.
- Is FINANCIAL ADVISOR TRAINING INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to FINANCIAL ADVISOR TRAINING INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FINANCIAL ADVISOR TRAINING INSTITUTE 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 FINANCIAL ADVISOR TRAINING INSTITUTE 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 FINANCIAL ADVISOR TRAINING INSTITUTE 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 FINANCIAL ADVISOR TRAINING INSTITUTE?
- The 990 for the year ended December 31, 2025 names TERRY LINDNER.
- Who are the officers and directors of FINANCIAL ADVISOR TRAINING INSTITUTE?
- The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $78,155 (TERRY LINDNER, President & CEO).
- How much revenue does FINANCIAL ADVISOR TRAINING INSTITUTE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $926,169, expenses of $732,342 and total assets of $243,780 at year end.
Other nonprofits in BLOOMFLD HLS
- LAHSER COMMUNITY CONNECTIONS INC EIN 38-2300206 · last filed 990 for 2025
- CHRISTIAN LEADERSHIP ACADEMY EIN 20-5593429 · last filed 990 for 2025
- OAKLAND HILLS CADDY SCHOLARSHIP TRUST OAKLAND HILLS COUNTRY CLUB EIN 38-2149813 · last filed 990 for 2025
- CITIZENS FOR BETTER LIVING INC EIN 38-2356435 · last filed 990 for 2024
- BETA BETA HOUSING CORPORATION OF SIGMA DELTA TAU AT MICHIGAN STATE EIN 47-3384192 · last filed 990 for 2025
- COMMUNITY SAILING SCHOOL FOUNDATION EIN 92-2752412 · last filed 990 for 2025
- JOSEPH J LAURENCELLE MEMORIAL FOUNDATION EIN 38-3209958 · last filed 990-PF for 2024
- BLOOMFIELD HILLS ROBOTICS EIN 99-2266594 · last filed 990 for 2025