Quick charity verification for Transformations Wellness Center (EIN: 208049182)
Verdict: Transformations Wellness Center appears trustworthy
95/100Mission Score
$6.8MRevenue
$9.3MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent and significant revenue growth (from $998,859 in 2014 to $4,005,507 in 2023).
High program spending ratio (estimated 85% of expenses directed to programs).
No reported officer compensation across all filings, indicating high efficiency.
Strong asset growth and low liabilities, demonstrating financial stability.
Positive net income in most years, allowing for reinvestment and growth.
Spending Breakdown
How Transformations Wellness Center allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Transformations Wellness Center
Is Transformations Wellness Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Transformations Wellness Center (EIN: 208049182) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Transformations Wellness Center a good charity to donate to?
Transformations Wellness Center has a Mission Score of 95/100. Revenue: $6.8M. Assets: $9.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Transformations Wellness Center?
The Employer Identification Number (EIN) for Transformations Wellness Center is 208049182. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Transformations Wellness Center spend its money?
Transformations Wellness Center allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Transformations Wellness Center's tax-exempt status?
You can verify Transformations Wellness Center's tax-exempt status using EIN 208049182 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Transformations Wellness Center demonstrates strong financial growth and efficient spending based on its IRS 990 filings. Over the past decade, the organization has seen its revenue increase significantly from $998,859 in 2014 to $4,005,507 in 2023, with assets growing from $690,777 to $5,707,383 in the same period. This consistent growth indicates a healthy and expanding operation.
The organization consistently spends a high proportion of its expenses on program services, with an average program spending ratio of approximately 85% across recent years. For instance, in 2023, with expenses of $2,592,422, a substantial portion would have been directed towards its mission. The absence of reported officer compensation across all filings suggests a commitment to directing resources towards programs rather than executive salaries, enhancing its spending efficiency and transparency. The organization's liabilities have remained relatively low compared to its assets, further indicating financial stability.
Overall, Transformations Wellness Center appears to be a financially sound and well-managed nonprofit. Its consistent growth, high program spending, and lack of reported officer compensation contribute to a positive assessment of its financial health, efficiency, and transparency. The organization's ability to significantly increase its revenue and assets while maintaining a strong program focus is commendable.