Transformation Project Inc is located in Sioux Falls, SD. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2023, Transformation Project Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transformation Project 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 06/2023, Transformation Project Inc generated $607.7k in total revenue. All expenses for the organization totaled $303.3k during the year ending 06/2023. While expenses have increased by 98.4% per year over the past 2 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND EMPOWER TRANSGENDER INDIVIDUALS & THEIR FAMILIES WHILE EDUCATING COMMUNITIES ABOUT GENDER IDENTITY & EXPRESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRANSFORMING SOUTH DAKOTA PUBLICATION (ANNUAL MAGAZINE CREATED, PRINTED, AND DISTRIBUTED ACROSS SOUTH DAKOTA)
GENERAL PROGRAMMING/ADMINISTRATIVE
MIDWEST GENDER IDENTITY SUMMIT (ANNUAL SUMMIT CONFERENCE PRESENTED TO HIGHLIGHT & EDUCATE MEDICAL AND MENTAL HEALTH PRACTITIONERS ACROSS THE U.S. ON TRANSGENDER ISSUES
MARTY'S CLOSET (FREE CLOTHING FOR TRANSGENDER COMMUNITY)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Susan Bill Executive Director | Officer | 45 | $29,288 |
Jessica Meyers President | Officer | 1 | $0 |
Becky Rider Secretary | Officer | 1 | $0 |
Danae Verba Director | Officer | 1 | $0 |
Grace Hansen Director | Officer | 1 | $0 |
D'ell Bronkhorst Director | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $601,568 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $601,568 |
Total Program Service Revenue | $0 |
Investment income | $63 |
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 | $6,074 |
Miscellaneous Revenue | $0 |
Total Revenue | $607,705 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $25,780 |
Compensation of current officers, directors, key employees. | $29,288 |
Compensation of current officers, directors, key employees. | $29,288 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $80,306 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $4,442 |
Payroll taxes | $8,368 |
Fees for services: Management | $0 |
Fees for services: Legal | $13,479 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $37,386 |
Advertising and promotion | $443 |
Office expenses | $16,955 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $13,196 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $8 |
Payments to affiliates | $350 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,197 |
All other expenses | $54,192 |
Total functional expenses | $303,268 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $369,709 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $870 |
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 | $0 |
Total assets | $370,579 |
Accounts payable and accrued expenses | $6,155 |
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 | $3,601 |
Total liabilities | $9,756 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $304,437 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $56,386 |
Total liabilities and net assets/fund balances | $370,579 |