Transoptions Inc
Transoptions Inc: Consistent Revenue, High Program Spending, but Limited Public Transparency
EIN: 222758457 · Cedar Knolls, NJ · NTEE: P52Z · Updated: 2026-04-04
About Transoptions Inc
Transoptions Inc (EIN: 222758457) is a nonprofit organization based in Cedar Knolls, NJ, classified under NTEE code P52Z. The organization reported total revenue of $1.9M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Transoptions Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Transoptions Inc with a Mission Score of 75 out of 100 (Good). 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, Transoptions 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.
Executive Compensation Analysis
Executive compensation details are not publicly disclosed in the provided data, preventing a comprehensive assessment of its reasonableness relative to the organization's size and revenue.
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 Transoptions Inc's IRS 990 filings:
- Lack of easily accessible detailed program information and impact reports.
- Absence of specific executive compensation figures in the provided data, hindering a full financial transparency review.
Strengths
The following positive indicators were identified for Transoptions Inc:
- Consistent revenue generation over several years, with 2023 revenue at $1,705,479.
- Strong asset base, growing to $1,271,473 in 2023, indicating financial stability.
- Low fundraising costs, suggesting efficient resource allocation for program delivery.
Frequently Asked Questions about Transoptions Inc
What does Transoptions Inc do?
Transoptions Inc is a nonprofit organization in the Human Services sector, located in Cedar Knolls, New Jersey. It is classified under NTEE code P52Z.
How much revenue does Transoptions Inc have?
Transoptions Inc reported total revenue of $1,937,217. Based on 13 IRS 990 filings on record.
What are Transoptions Inc's total assets?
Transoptions Inc holds total assets of $1,713,225 as reported in IRS 990 filings.
Where is Transoptions Inc located?
Transoptions Inc is based in Cedar Knolls, New Jersey.
What is Transoptions Inc's EIN?
Transoptions Inc's Employer Identification Number (EIN) is 222758457. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Transoptions Inc?
Transoptions Inc is classified under NTEE code P52Z (Human Services).
Is Transoptions Inc a registered 501(c)(3)?
Yes, Transoptions Inc is recognized as a tax-exempt organization by the IRS. EIN: 222758457.
Does Transoptions Inc file IRS Form 990?
Yes, Transoptions Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Transoptions Inc's revenue in 2023?
In the 202306 filing period, Transoptions Inc reported total revenue of $1,705,479, total expenses of $1,600,369, and net assets of $1,271,473.
Is Transoptions Inc's revenue growing or declining?
Transoptions Inc's revenue is growing. Revenue went from $1,343,116 (202206) to $1,705,479 (202306), a +27.0% change. Based on 13 filings on record.
What is Transoptions Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Transoptions Inc covers tax period 202306. It shows revenue of $1,705,479, expenses of $1,600,369, total assets of $1,271,473, and liabilities of $327,109.
How much does Transoptions Inc spend on programs vs administration?
Based on IRS 990 analysis, Transoptions Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Transoptions Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Transoptions Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Transoptions Inc?
The following concerns were identified: Lack of easily accessible detailed program information and impact reports.. Absence of specific executive compensation figures in the provided data, hindering a full financial transparency review.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Transoptions Inc's strengths?
Positive indicators for Transoptions Inc include: Consistent revenue generation over several years, with 2023 revenue at $1,705,479.. Strong asset base, growing to $1,271,473 in 2023, indicating financial stability.. Low fundraising costs, suggesting efficient resource allocation for program delivery.. These findings are derived from AI analysis of the organization's financial filings.
How does Transoptions Inc compensate executives?
Executive compensation details are not publicly disclosed in the provided data, preventing a comprehensive assessment of its reasonableness relative to the organization's size and revenue. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific strategies does Transoptions Inc employ to maintain its financial stability without significant public fundraising efforts?
The provided data indicates low fundraising percentages, suggesting that Transoptions Inc likely relies on stable grant funding, government contracts, or membership fees rather than broad public appeals to maintain its consistent revenue and asset growth.
How does Transoptions Inc ensure accountability and demonstrate its impact to stakeholders, given the limited public availability of detailed program information and impact metrics?
Without readily accessible program details and impact reports, Transoptions Inc would need to rely on direct communication with its specific funders, partners, or a limited set of stakeholders to demonstrate accountability and impact, potentially through private reports or direct presentations.
Filing History
IRS 990 filing history for Transoptions Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Transoptions Inc's revenue has grown by 45.3%, moving from $1.2M to $1.7M. Total assets increased by 178.4% over the same period, from $457K to $1.3M. Total functional expenses rose by 37.4%, from $1.2M to $1.6M. In its most recent filing year (2023), Transoptions Inc reported a surplus of $105K, with revenue exceeding expenses. The organization holds $327K in liabilities against $1.3M in assets (debt-to-asset ratio: 25.7%), resulting in net assets of $944K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.6M | $1.3M | $327K | — | View 990 |
| 2022 | $1.3M | $1.4M | $1.2M | $316K | — | View 990 |
| 2021 | $1.3M | $1.3M | $1.1M | $254K | — | View 990 |
| 2020 | $1.5M | $1.3M | $1.0M | $205K | — | View 990 |
| 2019 | $1.5M | $1.3M | $834K | $172K | — | View 990 |
| 2018 | $1.4M | $1.3M | $667K | $166K | — | View 990 |
| 2017 | $1.3M | $1.3M | $605K | $169K | — | View 990 |
| 2016 | $1.4M | $1.3M | $578K | $160K | — | View 990 |
| 2015 | $1.2M | $1.3M | $536K | $148K | — | View 990 |
| 2014 | $1.4M | $1.3M | $556K | $129K | — | View 990 |
| 2013 | $1.3M | $1.3M | $491K | $108K | — | View 990 |
| 2012 | $1.5M | $1.4M | $497K | $126K | — | View 990 |
| 2011 | $1.2M | $1.2M | $457K | $157K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.6M, and assets of $1.3M (revenue +27.0% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.4M, and assets of $1.2M (revenue +1.2% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.3M, and assets of $1.1M (revenue -10.1% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.3M, and assets of $1.0M (revenue -0.9% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.3M, and assets of $834K (revenue +7.6% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.3M, and assets of $667K (revenue +3.8% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $605K (revenue -1.6% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.3M, and assets of $578K (revenue +9.4% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.3M, and assets of $536K (revenue -8.9% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.3M, and assets of $556K (revenue +3.2% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $491K (revenue -10.8% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.4M, and assets of $497K (revenue +25.9% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $457K.
Data Sources and Methodology
This transparency report for Transoptions 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.