Transcanwork Inc
- Assets
- $126.2k
- Revenue
- $666.5k
- Investments
- $0.0
- Employees
- 13
- Location
- West Hollywood, CA
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 83-2251160
Organization Overview
Transcanwork Inc is located in West Hollywood, CA. The organization was established in 2019. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2021, Transcanwork Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transcanwork 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 12/2021, Transcanwork Inc generated $666.5k in total revenue. All expenses for the organization totaled $489.8k during the year ending 12/2021. While expenses have increased by 83.0% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS BUILDING A CULTURE NATIONWIDE FOR TRANSGENDER PEOPLE TO THRIVE IN THE WORKPLACE.TRANSCANWORK IS EXCITED TO GROW FINANCIALLY SO WE CAN GROW OUR SERVICES TO SUPPORT TRANSGENDER, GENDER DIVERSE, AND INTERSEX JOB SEEKERS THROUGHOUT THE STATE OF CALIFORNIA. IN 2022, WE'LL BE PARTNERING WITH A NUMBER OF COMPANIES TO CREATE PATHWAYS PROGRAMS, REFERRING OUR CLIENTS TO STATE-CERTIFIED TRAINING AND APPRENTICESHIP PROGRAMS, AND GROWING OUR OWN JOBS BOARD FOR COMPANIES TO DIRECTLY BE IN TOUCH WITH OUR JOB SEEKERS. ADDITIONALLY, WE ARE EXCITED TO GROW OUR PARTNERSHIPS WITH CORPORATIONS PURSUING EQUALITY IN THE WORKPLACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RESOURCES FOR TRANSGENDER JOBSEEKERS, AS WELL AS TRAINING AND CERTIFICATION OF EMPLOYERS WHO HIRE THEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lexi Adsit Executive Director | Officer | 40 | $28,461 |
Dr Andrea Cubitt Treasurer | OfficerTrustee | 5 | $0 |
Celia Sandhya Daniels Secretary | OfficerTrustee | 5 | $0 |
Toni A Newman President | OfficerTrustee | 5 | $0 |
Dr Alexandra Jacqueline Annala Chief Financial Officer | OfficerTrustee | 5 | $0 |
Alexis Sanchez Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $452,430 |
| All other contributions, gifts, grants, and similar amounts not included above | $149,428 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $601,858 |
| Total Program Service Revenue | $64,614 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $666,472 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $28,461 |
| Compensation of current officers, directors, key employees. | $5,692 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $295,343 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,615 |
| Payroll taxes | $31,381 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $11,534 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $63,525 |
| Advertising and promotion | $1,868 |
| Office expenses | $7,537 |
| Information technology | $20,184 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,761 |
| All other expenses | $123 |
| Total functional expenses | $489,832 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,499 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,667 |
| Total assets | $126,166 |
| Accounts payable and accrued expenses | $1,942 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $47,667 |
| Total liabilities | $49,609 |
| Net assets without donor restrictions | $76,557 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $126,166 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Transcanwork Inc has recieved totaling $37,500.
| Awarding Organization | Amount |
|---|---|
Restaurant Workers Community Foundation Inc New York, NY PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION. | $30,000 |
Equality California Institute Los Angeles, CA PURPOSE: LA TOBACCO 2021 SUBGRANT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Employment Training San Jose, CA | $31,804,454 | $32,924,536 |
Proteus Inc Visalia, CA | $12,093,986 | $29,240,779 |
San Diego Workforce Partnership Inc San Diego, CA | $11,460,026 | $27,546,774 |
Jvs Socal Los Angeles, CA | $23,647,711 | $28,759,145 |
Summer Search Oakland, CA | $27,211,830 | $33,940,327 |
Options For All Inc San Diego, CA | $11,651,717 | $19,801,261 |
Central Valley Opportunity Center Winton, CA | $7,895,014 | $14,975,890 |
Urban Corps Of San Diego San Diego, CA | $15,173,777 | $14,300,091 |
Film L A Inc Los Angeles, CA | $20,241,193 | $14,666,382 |
Yuma Private Industry Council Incorporated Yuma, AZ | $2,039,938 | $12,291,085 |
Workforce Development Corporation Southeast Los Angeles County Inc Cerritos, CA | $3,079,206 | $9,291,553 |
Arizona Industries For The Blind Phoenix, AZ | $15,708,519 | $11,232,717 |