Transition Ii Inc
Transition II Inc: Consistent Revenue, High Program Spending
EIN: 223026443 · Burlington, VT · NTEE: S30 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $950K |
| Total Expenses | $1.0M |
| Program Spending | 85% |
| Net Assets | $857K |
| Transparency Score | 85/100 |
Is Transition Ii Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Transition Ii Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Transition Ii Inc
Transition Ii Inc (EIN: 223026443) is a nonprofit organization based in Burlington, VT, classified under NTEE code S30. The organization reported total revenue of $950K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Transition Ii Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Transition Ii Inc is a small nonprofit that has been operating for 36 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $971K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-47,973 |
| Total Assets | $1.9M |
| Total Liabilities | $1.0M |
| Net Assets | $857K |
| Operating Margin | -4.9% |
| Debt-to-Asset Ratio | 54.1% |
| Months of Reserves | 22.0 months |
Financial Health Grade: C
In 2024, Transition Ii Inc reported a deficit of $48K with expenses exceeding revenue, holds 22.0 months of operating reserves (strong position), has a debt-to-asset ratio of 54.1% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Transition Ii Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.1% | +9.4% | -22.4% |
| 2023 | +7.1% | +8.7% | +14.5% |
| 2022 | +1.2% | +7.4% | -0.2% |
| 2021 | -1.4% | +5.9% | +1.2% |
| 2020 | -4.1% | -7.4% | +11.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Transition Ii Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Transition Ii Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $48K, with expenses exceeding revenue.
- Debt-to-asset ratio: 54.1%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the consistent 0% related-party compensation suggests no immediate red flags regarding self-dealing.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Transition Ii Inc:
- Consistent revenue generation over multiple years, indicating stable operations.
- Strong program spending, suggesting a focus on mission delivery.
- Healthy asset base relative to liabilities, demonstrating financial stability.
Frequently Asked Questions about Transition Ii Inc
Is Transition Ii Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Transition Ii Inc (EIN: 223026443) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Transition Ii Inc spend its money?
Transition Ii Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Transition Ii Inc tax-deductible?
Transition Ii Inc is registered as a tax-exempt nonprofit (EIN: 223026443). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Transition Ii Inc's spending goes to programs?
Transition Ii Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Transition Ii Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Transition Ii Inc is above average for NTEE category S30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Transition Ii Inc located?
Transition Ii Inc is headquartered in Burlington, Vermont and files with the IRS under EIN 223026443. It is classified under NTEE code S30.
How many years of IRS 990 filings does Transition Ii Inc have?
Transition Ii Inc has 14 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 $950K in total revenue.
What does Transition Ii Inc do?
Transition Ii Inc is a nonprofit organization in the Community Improvement sector, located in Burlington, Vermont. It is classified under NTEE code S30.
How much revenue does Transition Ii Inc have?
Transition Ii Inc reported total revenue of $949,583. Based on 14 IRS 990 filings on record.
What are Transition Ii Inc's total assets?
Transition Ii Inc holds total assets of $2,105,071 as reported in IRS 990 filings.
Where is Transition Ii Inc located?
Transition Ii Inc is based in Burlington, Vermont.
What is Transition Ii Inc's EIN?
Transition Ii Inc's Employer Identification Number (EIN) is 223026443. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Transition Ii Inc?
Transition Ii Inc is classified under NTEE code S30 (Community Improvement).
Is Transition Ii Inc a registered 501(c)(3)?
Yes, Transition Ii Inc is recognized as a tax-exempt organization by the IRS. EIN: 223026443.
Does Transition Ii Inc file IRS Form 990?
Yes, Transition Ii Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Transition Ii Inc's revenue in 2024?
In the 202406 filing period, Transition Ii Inc reported total revenue of $971,003, total expenses of $1,018,976, and net assets of $1,865,362.
Is Transition Ii Inc's revenue growing or declining?
Transition Ii Inc's revenue is growing. Revenue went from $906,768 (202306) to $971,003 (202406), a +7.1% change. Based on 14 filings on record.
What is Transition Ii Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Transition Ii Inc covers tax period 202406. It shows revenue of $971,003, expenses of $1,018,976, total assets of $1,865,362, and liabilities of $1,008,611.
How much does Transition Ii Inc spend on programs vs administration?
Based on IRS 990 analysis, Transition Ii Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Transition Ii Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Transition Ii Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Transition Ii Inc's strengths?
Positive indicators for Transition Ii Inc include: Consistent revenue generation over multiple years, indicating stable operations.. Strong program spending, suggesting a focus on mission delivery.. Healthy asset base relative to liabilities, demonstrating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Transition Ii Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the consistent 0% related-party compensation suggests no immediate red flags regarding self-dealing. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Transition Ii Inc?
• The organization consistently reports 0% compensation from related parties, indicating a clean governance structure. • Financial filings show a stable revenue stream, with total revenue around $900,000 annually over the past five years. • Liabilities have fluctuated but remain manageable relative to assets, with $1,008,611 in liabilities against $1,865,362 in assets in 2024. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How has the organization managed to maintain such a consistent revenue stream despite economic fluctuations?
The data shows annual revenues consistently hovering around $800,000-$900,000, suggesting a reliable funding model, possibly through long-term grants or a stable donor base, which warrants further investigation into their funding sources.
What specific programs are supported by the high program spending percentage?
While the data indicates a high percentage of spending on programs (e.g., 85%), the specific nature of these programs is not detailed. Understanding the impact and reach of these programs would provide deeper insight into the organization's effectiveness.
Filing History
IRS 990 filing history for Transition Ii Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Transition Ii Inc's revenue has grown by 63%, moving from $596K to $971K. Total assets increased by 85.6% over the same period, from $1.0M to $1.9M. Total functional expenses rose by 105.6%, from $496K to $1.0M. In its most recent filing year (2024), Transition Ii Inc reported a deficit of $48K, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $1.9M in assets (debt-to-asset ratio: 54.1%), resulting in net assets of $857K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $971K | $1.0M | $1.9M | $1.0M | — | View 990 |
| 2023 | $907K | $931K | $2.4M | $1.5M | — | View 990 |
| 2022 | $847K | $857K | $2.1M | $1.2M | — | View 990 |
| 2021 | $837K | $797K | $2.1M | $1.2M | — | View 990 |
| 2020 | $848K | $753K | $2.1M | $1.2M | — | View 990 |
| 2019 | $885K | $812K | $1.9M | $1.1M | — | View 990 |
| 2018 | $778K | $865K | $2.2M | $1.4M | — | View 990 |
| 2017 | $810K | $726K | $2.4M | $1.6M | — | View 990 |
| 2016 | $720K | $707K | $2.3M | $1.5M | — | View 990 |
| 2015 | $707K | $633K | $2.3M | $1.6M | — | View 990 |
| 2014 | $709K | $569K | $2.1M | $1.4M | — | View 990 |
| 2013 | $715K | $610K | $1.5M | $952K | — | View 990 |
| 2012 | $614K | $517K | $1.4M | $997K | — | View 990 |
| 2011 | $596K | $496K | $1.0M | $646K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $971K, expenses of $1.0M, and assets of $1.9M (revenue +7.1% year-over-year).
- 2023: Revenue of $907K, expenses of $931K, and assets of $2.4M (revenue +7.1% year-over-year).
- 2022: Revenue of $847K, expenses of $857K, and assets of $2.1M (revenue +1.2% year-over-year).
- 2021: Revenue of $837K, expenses of $797K, and assets of $2.1M (revenue -1.4% year-over-year).
- 2020: Revenue of $848K, expenses of $753K, and assets of $2.1M (revenue -4.1% year-over-year).
- 2019: Revenue of $885K, expenses of $812K, and assets of $1.9M (revenue +13.8% year-over-year).
- 2018: Revenue of $778K, expenses of $865K, and assets of $2.2M (revenue -4.0% year-over-year).
- 2017: Revenue of $810K, expenses of $726K, and assets of $2.4M (revenue +12.5% year-over-year).
- 2016: Revenue of $720K, expenses of $707K, and assets of $2.3M (revenue +1.8% year-over-year).
- 2015: Revenue of $707K, expenses of $633K, and assets of $2.3M (revenue -0.2% year-over-year).
- 2014: Revenue of $709K, expenses of $569K, and assets of $2.1M (revenue -0.8% year-over-year).
- 2013: Revenue of $715K, expenses of $610K, and assets of $1.5M (revenue +16.5% year-over-year).
- 2012: Revenue of $614K, expenses of $517K, and assets of $1.4M (revenue +3.0% year-over-year).
- 2011: Revenue of $596K, expenses of $496K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Transition Ii Inc:
Data Sources and Methodology
This transparency report for Transition Ii 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.