Transitions Foundation-Nc Inc
- Assets
- $17.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 05/2018
- Data as of
- 06/2022
- EIN
- 82-2538820
Organization Overview
Transitions Foundation-Nc Inc is located in Wilmington, NC. The organization was established in 2018. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transitions Foundation-Nc Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Transitions Foundation-Nc Inc generated $121.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $109.5k during the year ending 06/2022. While expenses have increased by 8.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SERVICES FOR 2 STUDENTS FROM MAY THROUGH DECEMBER
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marybeth Bobak President Board Chair | 2 | $0 | |
Sonia Johnson Chief Financial Officer | 3 | $0 | |
Peggy Needham Student Support | 2 | $0 | |
Dr Meredith Moates Executive Director Of Curriculum | 40 | $28,800 | |
Monica Herrick Executive Director Of Administration | 40 | $30,270 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,600 |
| Total Program Service Revenue | $102,657 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11,083 |
| Total Revenue | $121,340 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $66,862 |
| Professional fees and other payments to independent contractors | $1,108 |
| Occupancy, rent, utilities, and maintenance | $30,000 |
| Printing, publications, postage, and shipping | $307 |
| Other expenses | $11,184 |
| Total expenses | $109,461 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,845 |
| Other assets | $0 |
| Total assets | $17,864 |
| Total liabilities | $2,084 |
| Net assets or fund balances | $15,780 |