Project Transformation Tennessee Inc
EIN: 453265261 · Nashville, TN · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $988K |
| Total Expenses | $1.1M |
| Net Assets | $854K |
Is Project Transformation Tennessee Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Project Transformation Tennessee Inc
Project Transformation Tennessee Inc (EIN: 453265261) is a nonprofit organization based in Nashville, TN, classified under NTEE code X20. The organization reported total revenue of $988K and total assets of $800K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Transformation Tennessee Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Project Transformation Tennessee Inc is a small nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 18.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $843K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-266,887 |
| Total Assets | $959K |
| Total Liabilities | $105K |
| Net Assets | $854K |
| Operating Margin | -31.7% |
| Debt-to-Asset Ratio | 10.9% |
| Months of Reserves | 10.4 months |
Financial Health Grade: B
In 2023, Project Transformation Tennessee Inc reported a deficit of $267K with expenses exceeding revenue, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 10.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Project Transformation Tennessee Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.4% | +5.9% | -16.5% |
| 2022 | -6.9% | +27.2% | -11.8% |
| 2021 | -16.9% | +0.7% | +10.7% |
| 2020 | +0.2% | -25.5% | +38.8% |
| 2019 | +8.9% | +11.7% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Project Transformation Tennessee Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Project Transformation Tennessee Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $267K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.9%.
Frequently Asked Questions about Project Transformation Tennessee Inc
Is Project Transformation Tennessee Inc a legitimate charity?
Project Transformation Tennessee Inc (EIN: 453265261) is a registered tax-exempt nonprofit based in Tennessee. It has 12 years of IRS 990 filings on record. Total revenue: $988K. No red flags identified. Financial health grade: B.
How does Project Transformation Tennessee Inc spend its money?
Project Transformation Tennessee Inc reported $988K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Project Transformation Tennessee Inc tax-deductible?
Project Transformation Tennessee Inc is registered as a tax-exempt nonprofit (EIN: 453265261). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Project Transformation Tennessee Inc located?
Project Transformation Tennessee Inc is headquartered in Nashville, Tennessee and files with the IRS under EIN 453265261. It is classified under NTEE code X20.
How many years of IRS 990 filings does Project Transformation Tennessee Inc have?
Project Transformation Tennessee Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $988K in total revenue.
Filing History
IRS 990 filing history for Project Transformation Tennessee Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Project Transformation Tennessee Inc's revenue has grown by 557.9%, moving from $128K to $843K. Total assets increased by 2342.2% over the same period, from $39K to $959K. Total functional expenses rose by 879.7%, from $113K to $1.1M. In its most recent filing year (2023), Project Transformation Tennessee Inc reported a deficit of $267K, with expenses exceeding revenue. The organization holds $105K in liabilities against $959K in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $854K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $843K | $1.1M | $959K | $105K | — | — |
| 2022 | $882K | $1.0M | $1.1M | $27K | — | View 990 |
| 2021 | $948K | $823K | $1.3M | $14K | — | View 990 |
| 2020 | $1.1M | $818K | $1.2M | $13K | — | — |
| 2019 | $1.1M | $1.1M | $847K | $7K | — | View 990 |
| 2018 | $1.0M | $983K | $813K | $12K | — | View 990 |
| 2017 | $924K | $783K | $754K | $15K | — | View 990 |
| 2016 | $701K | $604K | $590K | $9K | — | View 990 |
| 2015 | $432K | $384K | $250K | $2K | — | View 990 |
| 2014 | $393K | $265K | $202K | $2K | — | View 990 |
| 2013 | $221K | $186K | $75K | $1K | — | View 990 |
| 2012 | $128K | $113K | $39K | $423 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $843K, expenses of $1.1M, and assets of $959K (revenue -4.4% year-over-year).
- 2022: Revenue of $882K, expenses of $1.0M, and assets of $1.1M (revenue -6.9% year-over-year).
- 2021: Revenue of $948K, expenses of $823K, and assets of $1.3M (revenue -16.9% year-over-year).
- 2020: Revenue of $1.1M, expenses of $818K, and assets of $1.2M (revenue +0.2% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $847K (revenue +8.9% year-over-year).
- 2018: Revenue of $1.0M, expenses of $983K, and assets of $813K (revenue +13.0% year-over-year).
- 2017: Revenue of $924K, expenses of $783K, and assets of $754K (revenue +31.9% year-over-year).
- 2016: Revenue of $701K, expenses of $604K, and assets of $590K (revenue +62.4% year-over-year).
- 2015: Revenue of $432K, expenses of $384K, and assets of $250K (revenue +9.9% year-over-year).
- 2014: Revenue of $393K, expenses of $265K, and assets of $202K (revenue +77.6% year-over-year).
- 2013: Revenue of $221K, expenses of $186K, and assets of $75K (revenue +72.6% year-over-year).
- 2012: Revenue of $128K, expenses of $113K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Project Transformation Tennessee Inc:
Data Sources and Methodology
This transparency report for Project Transformation Tennessee Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.