Transforming Generations
EIN: 844049359 · Saint Paul, MN · NTEE: P62
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $686K |
| Net Assets | $489K |
Is Transforming Generations Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Transforming Generations
Transforming Generations (EIN: 844049359) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code P62. The organization reported total revenue of $1.6M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Transforming Generations's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Transforming Generations is a mid-size nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 41.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $961K |
| Total Expenses | $686K |
| Surplus / Deficit | +$275K |
| Total Assets | $504K |
| Total Liabilities | $15K |
| Net Assets | $489K |
| Operating Margin | 28.6% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 8.8 months |
Financial Health Grade: A
In 2023, Transforming Generations reported a surplus of $275K with revenue exceeding expenses, holds 8.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Transforming Generations's revenue has grown at a compound annual growth rate (CAGR) of 41.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +83.4% | +45.7% | +122.1% |
| 2022 | +3.3% | +27.4% | +40.8% |
| 2021 | +48.2% | +29.1% | -38.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Transforming Generations 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 Transforming Generations 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 surplus of $275K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
Frequently Asked Questions about Transforming Generations
Is Transforming Generations a legitimate charity?
Based on AI analysis of IRS 990 filings, Transforming Generations (EIN: 844049359) insufficient data. 0 red flags identified, 0 strengths noted.
How does Transforming Generations spend its money?
Detailed spending breakdown data is not yet available for Transforming Generations. Check back for updated IRS 990 analysis.
Are donations to Transforming Generations tax-deductible?
Transforming Generations is registered as a tax-exempt nonprofit (EIN: 844049359). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Transforming Generations located?
Transforming Generations is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 844049359. It is classified under NTEE code P62.
How many years of IRS 990 filings does Transforming Generations have?
Transforming Generations has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.6M in total revenue.
Filing History
IRS 990 filing history for Transforming Generations showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Transforming Generations's revenue has grown by 180.7%, moving from $342K to $961K. Total assets increased by 93.8% over the same period, from $260K to $504K. Total functional expenses rose by 139.4%, from $287K to $686K. In its most recent filing year (2023), Transforming Generations reported a surplus of $275K, with revenue exceeding expenses. The organization holds $15K in liabilities against $504K in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $489K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $961K | $686K | $504K | $15K | — | — |
| 2022 | $524K | $471K | $227K | $13K | — | View 990 |
| 2021 | $508K | $370K | $161K | $0 | — | View 990 |
| 2020 | $342K | $287K | $260K | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $961K, expenses of $686K, and assets of $504K (revenue +83.4% year-over-year).
- 2022: Revenue of $524K, expenses of $471K, and assets of $227K (revenue +3.3% year-over-year).
- 2021: Revenue of $508K, expenses of $370K, and assets of $161K (revenue +48.2% year-over-year).
- 2020: Revenue of $342K, expenses of $287K, and assets of $260K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Transforming Generations:
Data Sources and Methodology
This transparency report for Transforming Generations 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.