Tranzed Apprenticeship Ventures Inc
EIN: 384013745 · Baltimore, MD · NTEE: J22
| Metric | Value |
|---|---|
| Total Revenue | $133K |
| Total Expenses | $691K |
| Net Assets | $49K |
Is Tranzed Apprenticeship Ventures Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tranzed Apprenticeship Ventures Inc
Tranzed Apprenticeship Ventures Inc (EIN: 384013745) is a nonprofit organization based in Baltimore, MD, classified under NTEE code J22. The organization reported total revenue of $133K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tranzed Apprenticeship Ventures Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tranzed Apprenticeship Ventures Inc is a small nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $691K |
| Surplus / Deficit | $-537,132 |
| Total Assets | $86K |
| Total Liabilities | $37K |
| Net Assets | $49K |
| Operating Margin | -348.8% |
| Debt-to-Asset Ratio | 42.6% |
| Months of Reserves | 1.5 months |
Financial Health Grade: C
In 2023, Tranzed Apprenticeship Ventures Inc reported a deficit of $537K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 42.6% (moderate leverage).
Financial Trends
Over 6 years of filings (2018–2023), Tranzed Apprenticeship Ventures Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -59.0% | +83.8% | -83.8% |
| 2022 | -13.4% | -9.4% | -16.5% |
| 2021 | +140.4% | -32.4% | +2.9% |
| 2020 | +13.6% | +10.5% | +6.1% |
| 2019 | +82.7% | +62.7% | +14.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tranzed Apprenticeship Ventures Inc 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 Tranzed Apprenticeship Ventures Inc 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 $537K, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.6%.
Frequently Asked Questions about Tranzed Apprenticeship Ventures Inc
Is Tranzed Apprenticeship Ventures Inc a legitimate charity?
Tranzed Apprenticeship Ventures Inc (EIN: 384013745) is a registered tax-exempt nonprofit based in Maryland. It has 6 years of IRS 990 filings on record. Total revenue: $133K. No red flags identified. Financial health grade: C.
How does Tranzed Apprenticeship Ventures Inc spend its money?
Tranzed Apprenticeship Ventures Inc reported $133K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tranzed Apprenticeship Ventures Inc tax-deductible?
Tranzed Apprenticeship Ventures Inc is registered as a tax-exempt nonprofit (EIN: 384013745). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tranzed Apprenticeship Ventures Inc located?
Tranzed Apprenticeship Ventures Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 384013745. It is classified under NTEE code J22.
How many years of IRS 990 filings does Tranzed Apprenticeship Ventures Inc have?
Tranzed Apprenticeship Ventures Inc has 6 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 $133K in total revenue.
Filing History
IRS 990 filing history for Tranzed Apprenticeship Ventures Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Tranzed Apprenticeship Ventures Inc's revenue has grown by 77.5%, moving from $87K to $154K. Total assets decreased by 83.1% over the same period, from $507K to $86K. Total functional expenses rose by 102.4%, from $341K to $691K. In its most recent filing year (2023), Tranzed Apprenticeship Ventures Inc reported a deficit of $537K, with expenses exceeding revenue. The organization holds $37K in liabilities against $86K in assets (debt-to-asset ratio: 42.6%), resulting in net assets of $49K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $154K | $691K | $86K | $37K | — | View 990 |
| 2022 | $375K | $376K | $529K | $1.9M | — | View 990 |
| 2021 | $433K | $415K | $634K | $2.0M | — | — |
| 2020 | $180K | $614K | $616K | $2.0M | — | — |
| 2019 | $159K | $556K | $580K | $1.5M | — | View 990 |
| 2018 | $87K | $341K | $507K | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $154K, expenses of $691K, and assets of $86K (revenue -59.0% year-over-year).
- 2022: Revenue of $375K, expenses of $376K, and assets of $529K (revenue -13.4% year-over-year).
- 2021: Revenue of $433K, expenses of $415K, and assets of $634K (revenue +140.4% year-over-year).
- 2020: Revenue of $180K, expenses of $614K, and assets of $616K (revenue +13.6% year-over-year).
- 2019: Revenue of $159K, expenses of $556K, and assets of $580K (revenue +82.7% year-over-year).
- 2018: Revenue of $87K, expenses of $341K, and assets of $507K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tranzed Apprenticeship Ventures Inc:
Data Sources and Methodology
This transparency report for Tranzed Apprenticeship Ventures 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.