Transitions Halfway Ministries
EIN: 522397651 · Memphis, TN · NTEE: I31
| Metric | Value |
|---|---|
| Total Revenue | $115K |
| Total Expenses | $118K |
| Net Assets | $193K |
Is Transitions Halfway Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Transitions Halfway Ministries
Transitions Halfway Ministries (EIN: 522397651) is a nonprofit organization based in Memphis, TN, classified under NTEE code I31. The organization reported total revenue of $115K and total assets of $194K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Transitions Halfway Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Transitions Halfway Ministries is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -4.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $142K |
| Total Expenses | $118K |
| Surplus / Deficit | +$24K |
| Total Assets | $204K |
| Total Liabilities | $11K |
| Net Assets | $193K |
| Operating Margin | 16.8% |
| Debt-to-Asset Ratio | 5.3% |
| Months of Reserves | 20.7 months |
Financial Health Grade: A
In 2020, Transitions Halfway Ministries reported a surplus of $24K with revenue exceeding expenses, holds 20.7 months of operating reserves (strong position), has a debt-to-asset ratio of 5.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2020), Transitions Halfway Ministries's revenue has declined at a compound annual growth rate (CAGR) of -4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +21.2% | +10.0% | -1.4% |
| 2019 | -0.3% | +14.8% | -5.8% |
| 2018 | +25.7% | -28.7% | +1.3% |
| 2017 | -48.9% | -24.5% | -22.6% |
| 2016 | -0.8% | +2.8% | -3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Transitions Halfway Ministries 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 Transitions Halfway Ministries 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.3%.
Frequently Asked Questions about Transitions Halfway Ministries
Is Transitions Halfway Ministries a legitimate charity?
Transitions Halfway Ministries (EIN: 522397651) is a registered tax-exempt nonprofit based in Tennessee. It has 10 years of IRS 990 filings on record. Total revenue: $115K. No red flags identified. Financial health grade: A.
How does Transitions Halfway Ministries spend its money?
Transitions Halfway Ministries reported $115K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Transitions Halfway Ministries tax-deductible?
Transitions Halfway Ministries is registered as a tax-exempt nonprofit (EIN: 522397651). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Transitions Halfway Ministries located?
Transitions Halfway Ministries is headquartered in Memphis, Tennessee and files with the IRS under EIN 522397651. It is classified under NTEE code I31.
How many years of IRS 990 filings does Transitions Halfway Ministries have?
Transitions Halfway Ministries has 10 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 $115K in total revenue.
Filing History
IRS 990 filing history for Transitions Halfway Ministries showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Transitions Halfway Ministries's revenue has declined by 32.5%, moving from $211K to $142K. Total assets increased by 59.5% over the same period, from $128K to $204K. Total functional expenses fell by 44.4%, from $213K to $118K. In its most recent filing year (2020), Transitions Halfway Ministries reported a surplus of $24K, with revenue exceeding expenses. The organization holds $11K in liabilities against $204K in assets (debt-to-asset ratio: 5.3%), resulting in net assets of $193K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $142K | $118K | $204K | $11K | — | View 990 |
| 2019 | $117K | $108K | $207K | $38K | — | View 990 |
| 2018 | $118K | $94K | $220K | $60K | — | View 990 |
| 2017 | $94K | $132K | $217K | $81K | — | View 990 |
| 2016 | $183K | $174K | $280K | $107K | — | View 990 |
| 2015 | $185K | $169K | $291K | $127K | — | View 990 |
| 2014 | $257K | $235K | $287K | $138K | — | View 990 |
| 2013 | $199K | $196K | $265K | $137K | — | View 990 |
| 2012 | $208K | $213K | $127K | $40K | — | View 990 |
| 2011 | $211K | $213K | $128K | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $142K, expenses of $118K, and assets of $204K (revenue +21.2% year-over-year).
- 2019: Revenue of $117K, expenses of $108K, and assets of $207K (revenue -0.3% year-over-year).
- 2018: Revenue of $118K, expenses of $94K, and assets of $220K (revenue +25.7% year-over-year).
- 2017: Revenue of $94K, expenses of $132K, and assets of $217K (revenue -48.9% year-over-year).
- 2016: Revenue of $183K, expenses of $174K, and assets of $280K (revenue -0.8% year-over-year).
- 2015: Revenue of $185K, expenses of $169K, and assets of $291K (revenue -28.0% year-over-year).
- 2014: Revenue of $257K, expenses of $235K, and assets of $287K (revenue +28.8% year-over-year).
- 2013: Revenue of $199K, expenses of $196K, and assets of $265K (revenue -4.4% year-over-year).
- 2012: Revenue of $208K, expenses of $213K, and assets of $127K (revenue -1.2% year-over-year).
- 2011: Revenue of $211K, expenses of $213K, and assets of $128K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Transitions Halfway Ministries:
Data Sources and Methodology
This transparency report for Transitions Halfway Ministries 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.