TRANSFORMING EDUCATION (EIN 300531631) - Form 990 Financial Analysis & Trantor Score

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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

2009

Legal Domicile

Principal Officer

RICK HANN

Phone

8165312822

Tax Period

2023-07-01 to 2024-06-30

TRANSFORMING EDUCATION, founded in 2009, is a micro nonprofit that reported $44K in total revenue in fiscal year 2023. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $51K exceeded revenue, resulting in a 18% operating deficit.

Mission

THE MISSION OF TRANSFORMING EDUCATION IS TO GUIDE THE CHILD'S NATURAL, PSYCHOLOGICAL, PHYSICAL, SPIRITUAL AND SOCIAL DEVELOPMENT, WHILE SERVING AS A BEACON OF CHRIST IN OUR COMMUNITY.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $35,592

Program Service Revenue $-815

Investment Income $8,345

Other Revenue $392

TOTAL REVENUE $43,514

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,338

Fundraising Expenses $0

Program Expenses $51,396

Other Expenses $25,058

TOTAL EXPENSES $51,396

Year-over-Year Comparison

	2023	2022	Change
Revenue	$43,514	$112,117	-0.6%
Expenses	$51,396	$141,964	-0.6%
Net Income	$-7,882	$-29,847	-0.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

$9,733

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMBER CHEN	DIRECTOR	30.00	Director	$9,733	$0	$9,733
SCOTT PHILLIPS	DIRECTOR	2.00	Director	$0	$0	$0
RICK HANN	TREASURER	5.00	Officer Director	$0	$0	$0
THOMAS HOFFMAN	SECRETARY	4.00	Officer Director	$0	$0	$0
ANGELA HOFFMAN	PRESIDENT	40.00	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
2024	$43,514	$51,396	$13,217	$-7,882
2023	$112,117	$141,964	$8,244	$-29,847
2022	$43,856	$10,763	$33,502	$33,093
2021	$42	$1,933	$24,769	$-1,891
2020	$-11,627	$80,268	$64,660	$-91,895
2019	$6,192	$195,152	$1,875,177	$-188,960
2018	$756,303	$990,202	$2,308,789	$-233,899

TRANSFORMING EDUCATION