Officer compensation consistently reported as 0% across all filings, which is unusual for an organization of this size and warrants further investigation into the full 990 for transparency.
Strengths
Consistent and significant revenue growth over the past decade, from $11.98M in 2014 to $20.24M in 2023.
Steady increase in assets, growing from $6.7M in 2014 to over $10M in 2023, indicating strong financial health.
Expenses generally managed within revenue, leading to operational surpluses and asset accumulation.
Long filing history (13 filings) suggests consistent compliance and established operations.
Spending Breakdown
How Transitional Services Inc 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 Transitional Services Inc
Is Transitional Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Transitional Services Inc (EIN: 160990574) appears trustworthy. Mission Score: 80/100. 1 red flag identified, 4 strengths noted.
Is Transitional Services Inc a good charity to donate to?
Transitional Services Inc has a Mission Score of 80/100. Revenue: $20.2M. Assets: $10.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Transitional Services Inc?
The Employer Identification Number (EIN) for Transitional Services Inc is 160990574. 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 Transitional Services Inc spend its money?
Transitional Services Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Transitional Services Inc's tax-exempt status?
You can verify Transitional Services Inc's tax-exempt status using EIN 160990574 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
Transitional Services Inc demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, the organization's revenue has steadily increased from $11.98 million in 2014 to over $20.24 million in 2023, indicating strong operational capacity and funding. Their assets have also grown significantly, from $6.7 million to over $10 million in the same period, suggesting good stewardship of resources. The organization consistently spends close to its revenue, with expenses in 2023 at $19.27 million against revenues of $20.24 million, resulting in a surplus that contributes to asset growth.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, it's challenging to give a precise assessment. However, the consistent operational surpluses and asset growth suggest that the organization is managing its funds effectively to support its mission. The absence of reported officer compensation across all filings is a notable point regarding transparency, as it could indicate that executive compensation is not reported in this specific field or that the organization operates with a unique compensation structure. Further investigation into their functional expense breakdown would provide a clearer picture of their spending efficiency and program focus.
Overall, Transitional Services Inc exhibits financial stability and growth. The consistent increase in revenue and assets, coupled with expenses generally in line with revenue, points to a well-managed organization. The lack of reported officer compensation in the provided data warrants further examination for a complete transparency assessment, but the overall financial trends are positive.