Transitional Services Inc
Transitional Services Inc shows consistent revenue growth and financial stability over the past decade.
EIN: 160990574 · Buffalo, NY · NTEE: F34Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.2M |
| Total Expenses | $19.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $5.2M |
| Transparency Score | 80/100 |
Is Transitional Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Transitional Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Transitional Services Inc
Transitional Services Inc (EIN: 160990574) is a nonprofit organization based in Buffalo, NY, classified under NTEE code F34Z. The organization reported total revenue of $20.2M and total assets of $10.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Transitional Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Transitional Services Inc is a large nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20.2M |
| Total Expenses | $19.3M |
| Surplus / Deficit | +$972K |
| Total Assets | $10.0M |
| Total Liabilities | $4.8M |
| Net Assets | $5.2M |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 47.8% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2023, Transitional Services Inc reported a surplus of $972K with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 47.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Transitional Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.8% | -0.8% | +9.8% |
| 2022 | +6.2% | +25.3% | -1.9% |
| 2021 | +19.8% | +0.0% | +21.8% |
| 2020 | -1.0% | +1.3% | -4.5% |
| 2019 | +3.6% | +8.0% | -6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
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 Transitional Services Inc with a Mission Score of 80 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, Transitional Services 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $972K, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.8%.
Executive Compensation Analysis
The provided IRS 990 data consistently reports 0% for Officer Compensation across all available periods, which is unusual for an organization of this size with over $20 million in annual revenue. This could indicate that executive compensation is reported under different categories or that the organization has a unique compensation structure, warranting further investigation into their full 990 filings for clarity.
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.
Red Flags
The following concerns were identified during AI analysis of Transitional Services Inc's IRS 990 filings:
- 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
The following positive indicators were identified for Transitional Services Inc:
- 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.
Frequently Asked Questions about Transitional Services Inc
Is Transitional Services Inc a legitimate charity?
Transitional Services Inc (EIN: 160990574) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $20.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Transitional Services Inc spend its money?
Transitional Services Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Transitional Services Inc tax-deductible?
Transitional Services Inc is registered as a tax-exempt nonprofit (EIN: 160990574). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Transitional Services Inc CEO make?
Transitional Services Inc's highest-compensated officer earns $20 annually. The organization reported $20.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Transitional Services Inc's spending goes to programs?
Transitional Services Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Transitional Services Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Transitional Services Inc is above average for NTEE category F34Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Transitional Services Inc located?
Transitional Services Inc is headquartered in Buffalo, New York and files with the IRS under EIN 160990574. It is classified under NTEE code F34Z.
How many years of IRS 990 filings does Transitional Services Inc have?
Transitional Services Inc has 13 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 $20.2M in total revenue.
Is Transitional Services Inc financially stable?
Yes, Transitional Services Inc appears financially stable, demonstrating consistent revenue growth from $11.98 million in 2014 to over $20.24 million in 2023, and a steady increase in assets from $6.7 million to over $10 million in the same period.
How has the organization's revenue changed over time?
The organization's revenue has shown strong growth, increasing from $11,980,574 in 2014 to $20,249,547 in 2023, representing a significant upward trend.
What is the trend in the organization's assets?
Transitional Services Inc's assets have consistently grown, from $6,703,382 in 2014 to $10,029,398 in 2023, indicating healthy accumulation of resources.
Does the organization consistently spend less than its revenue?
Generally, yes. In most years, expenses are slightly below or very close to revenue, leading to operational surpluses that contribute to asset growth, such as in 2023 where revenue was $20,249,547 and expenses were $19,277,377.
Is executive compensation transparently reported?
The provided data consistently shows 0% for Officer Compensation, which suggests that executive compensation might be reported in other sections of the full 990 form or that the organization has a unique compensation structure, requiring further review of the complete filings for transparency.
Filing History
IRS 990 filing history for Transitional Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Transitional Services Inc's revenue has grown by 72.7%, moving from $11.7M to $20.2M. Total assets increased by 122.3% over the same period, from $4.5M to $10.0M. Total functional expenses rose by 65.8%, from $11.6M to $19.3M. In its most recent filing year (2023), Transitional Services Inc reported a surplus of $972K, with revenue exceeding expenses. The organization holds $4.8M in liabilities against $10.0M in assets (debt-to-asset ratio: 47.8%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20.2M | $19.3M | $10.0M | $4.8M | — | — |
| 2022 | $19.0M | $19.4M | $9.1M | $4.9M | — | View 990 |
| 2021 | $17.9M | $15.5M | $9.3M | $4.7M | — | View 990 |
| 2020 | $14.9M | $15.5M | $7.6M | $5.5M | — | View 990 |
| 2019 | $15.0M | $15.3M | $8.0M | $5.3M | — | View 990 |
| 2018 | $14.5M | $14.2M | $8.5M | $5.5M | — | View 990 |
| 2017 | $14.6M | $14.2M | $8.1M | $5.5M | — | View 990 |
| 2016 | $13.4M | $13.6M | $7.7M | $5.5M | — | View 990 |
| 2015 | $12.5M | $12.3M | $7.3M | $5.1M | — | View 990 |
| 2014 | $12.0M | $12.0M | $6.7M | $4.8M | — | View 990 |
| 2013 | $11.6M | $11.8M | $6.6M | $4.8M | — | View 990 |
| 2012 | $11.6M | $11.8M | $6.0M | $3.8M | — | View 990 |
| 2011 | $11.7M | $11.6M | $4.5M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20.2M, expenses of $19.3M, and assets of $10.0M (revenue +6.8% year-over-year).
- 2022: Revenue of $19.0M, expenses of $19.4M, and assets of $9.1M (revenue +6.2% year-over-year).
- 2021: Revenue of $17.9M, expenses of $15.5M, and assets of $9.3M (revenue +19.8% year-over-year).
- 2020: Revenue of $14.9M, expenses of $15.5M, and assets of $7.6M (revenue -1.0% year-over-year).
- 2019: Revenue of $15.0M, expenses of $15.3M, and assets of $8.0M (revenue +3.6% year-over-year).
- 2018: Revenue of $14.5M, expenses of $14.2M, and assets of $8.5M (revenue -0.5% year-over-year).
- 2017: Revenue of $14.6M, expenses of $14.2M, and assets of $8.1M (revenue +8.6% year-over-year).
- 2016: Revenue of $13.4M, expenses of $13.6M, and assets of $7.7M (revenue +7.5% year-over-year).
- 2015: Revenue of $12.5M, expenses of $12.3M, and assets of $7.3M (revenue +4.3% year-over-year).
- 2014: Revenue of $12.0M, expenses of $12.0M, and assets of $6.7M (revenue +2.9% year-over-year).
- 2013: Revenue of $11.6M, expenses of $11.8M, and assets of $6.6M (revenue +0.5% year-over-year).
- 2012: Revenue of $11.6M, expenses of $11.8M, and assets of $6.0M (revenue -1.2% year-over-year).
- 2011: Revenue of $11.7M, expenses of $11.6M, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Transitional Services Inc:
Data Sources and Methodology
This transparency report for Transitional Services 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.