Transitional Spaces
EIN: 461309078 · New Orleans, LA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $18K |
| Total Expenses | $28K |
| Net Assets | $231K |
Is Transitional Spaces Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Transitional Spaces
Transitional Spaces (EIN: 461309078) is a nonprofit organization based in New Orleans, LA, classified under NTEE code P20. The organization reported total revenue of $18K and total assets of $231K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Transitional Spaces's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Transitional Spaces is a micro nonprofit that has been operating for 5 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $28K |
| Surplus / Deficit | $-10,608 |
| Total Assets | $231K |
| Net Assets | $231K |
| Operating Margin | -59.8% |
| Months of Reserves | 97.8 months |
Financial Health Grade: B
In 2023, Transitional Spaces reported a deficit of $11K with expenses exceeding revenue, holds 97.8 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Transitional Spaces 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 Transitional Spaces 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 $11K, with expenses exceeding revenue.
Frequently Asked Questions about Transitional Spaces
Is Transitional Spaces a legitimate charity?
Transitional Spaces (EIN: 461309078) is a registered tax-exempt nonprofit based in Louisiana. Total revenue: $18K. No red flags identified. Financial health grade: B.
How does Transitional Spaces spend its money?
Transitional Spaces reported $18K in total revenue in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Transitional Spaces tax-deductible?
Transitional Spaces is registered as a tax-exempt nonprofit (EIN: 461309078). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Transitional Spaces located?
Transitional Spaces is headquartered in New Orleans, Louisiana and files with the IRS under EIN 461309078. It is classified under NTEE code P20.
Filing History
IRS 990 filing history for Transitional Spaces showing financial trends over 1 year of public records:
In its most recent filing year (2023), Transitional Spaces reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18K | $28K | $231K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Transitional Spaces:
Data Sources and Methodology
This transparency report for Transitional Spaces 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.