Transforming Youth Movement
EIN: 464937048 · Concord, NC · NTEE: O30
| Metric | Value |
|---|---|
| Total Revenue | $870K |
| Total Expenses | $922K |
| Net Assets | $28K |
Is Transforming Youth Movement Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Transforming Youth Movement
Transforming Youth Movement (EIN: 464937048) is a nonprofit organization based in Concord, NC, classified under NTEE code O30. The organization reported total revenue of $870K and total assets of $46K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Transforming Youth Movement's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Transforming Youth Movement is a small nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $870K |
| Total Expenses | $922K |
| Surplus / Deficit | $-51,501 |
| Total Assets | $46K |
| Total Liabilities | $19K |
| Net Assets | $28K |
| Operating Margin | -5.9% |
| Debt-to-Asset Ratio | 40.1% |
| Months of Reserves | 0.6 months |
Financial Health Grade: C
In 2023, Transforming Youth Movement reported a deficit of $52K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 40.1% (moderate leverage).
Financial Trends
Over 7 years of filings (2017–2023), Transforming Youth Movement's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.8% | -2.9% | -58.2% |
| 2022 | +4.8% | +8.6% | -30.9% |
| 2021 | +3.2% | +10.7% | +12.9% |
| 2020 | +1.6% | -3.5% | +77.4% |
| 2019 | +32.4% | +21.0% | +221.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Transforming Youth Movement 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 Youth Movement 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 $52K, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.1%.
Frequently Asked Questions about Transforming Youth Movement
Is Transforming Youth Movement a legitimate charity?
Transforming Youth Movement (EIN: 464937048) is a registered tax-exempt nonprofit based in North Carolina. It has 7 years of IRS 990 filings on record. Total revenue: $870K. No red flags identified. Financial health grade: C.
How does Transforming Youth Movement spend its money?
Transforming Youth Movement reported $870K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Transforming Youth Movement tax-deductible?
Transforming Youth Movement is registered as a tax-exempt nonprofit (EIN: 464937048). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Transforming Youth Movement located?
Transforming Youth Movement is headquartered in Concord, North Carolina and files with the IRS under EIN 464937048. It is classified under NTEE code O30.
How many years of IRS 990 filings does Transforming Youth Movement have?
Transforming Youth Movement has 7 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 $870K in total revenue.
Filing History
IRS 990 filing history for Transforming Youth Movement showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Transforming Youth Movement's revenue has grown by 51.8%, moving from $574K to $870K. Total assets decreased by 54% over the same period, from $101K to $46K. Total functional expenses rose by 75.8%, from $524K to $922K. In its most recent filing year (2023), Transforming Youth Movement reported a deficit of $52K, with expenses exceeding revenue. The organization holds $19K in liabilities against $46K in assets (debt-to-asset ratio: 40.1%), resulting in net assets of $28K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $870K | $922K | $46K | $19K | — | — |
| 2022 | $924K | $949K | $111K | $18K | — | View 990 |
| 2021 | $881K | $874K | $160K | $43K | — | View 990 |
| 2020 | $855K | $790K | $142K | $32K | — | View 990 |
| 2019 | $841K | $818K | $80K | $35K | — | View 990 |
| 2018 | $635K | $676K | $25K | $19K | — | View 990 |
| 2017 | $574K | $524K | $101K | $51K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $870K, expenses of $922K, and assets of $46K (revenue -5.8% year-over-year).
- 2022: Revenue of $924K, expenses of $949K, and assets of $111K (revenue +4.8% year-over-year).
- 2021: Revenue of $881K, expenses of $874K, and assets of $160K (revenue +3.2% year-over-year).
- 2020: Revenue of $855K, expenses of $790K, and assets of $142K (revenue +1.6% year-over-year).
- 2019: Revenue of $841K, expenses of $818K, and assets of $80K (revenue +32.4% year-over-year).
- 2018: Revenue of $635K, expenses of $676K, and assets of $25K (revenue +10.8% year-over-year).
- 2017: Revenue of $574K, expenses of $524K, and assets of $101K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Transforming Youth Movement:
Data Sources and Methodology
This transparency report for Transforming Youth Movement 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.