Institute For Transformative Education

EIN: 272888606 501(c)(3) Education

Tucson, AZ

Total Revenue
$941,637
Total Expenses
$982,229
Total Assets
$1,511,471
Net Assets
$127,933
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
AZ
Principal Officer
Luis Perales
Phone
5206152200
Tax Period
2022-07-01 to 2023-06-30

Institute For Transformative Education, founded in 2010, is a small nonprofit in the Education sector that reported $942K in total revenue in fiscal year 2022. Revenue decreased 15% compared to the prior year.

Mission

The School's mission is to provide an educational experience that transforms students into solution seekers that enhance the world around them.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $891,066
Program Service Revenue $0
Investment Income $10,030
Other Revenue $40,541
TOTAL REVENUE $941,637

Expense Breakdown

Grants Paid $0
Salaries & Benefits $560,672
Fundraising Expenses $0
Program Expenses $827,777
Other Expenses $421,557
TOTAL EXPENSES $982,229

Year-over-Year Comparison

2022 2021 Change
Revenue $941,637 $1,103,045 -0.1%
Expenses $982,229 $875,275 +0.1%
Net Income $-40,592 $227,770 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
12
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$51,410
Total Directors
3
$51,410
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Luis Perales Director/CEO 40.00
Officer Director
$50,180 $1,230 $51,410
Natalie Carrillo Director 1.00
Director
$0 $0 $0
Jose Hoyos Director/President 5.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $941,637 $982,229 $1,511,471 $-40,592
2022 $1,103,045 $875,275 $1,645,523 $227,770
2021 $1,013,337 $1,030,464 $1,580,963 $-17,127
2020 $1,117,623 $1,357,376 $1,674,288 $-239,753
2019 $1,319,056 $1,313,919 $1,597,569 $5,137
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