TRUE TRANSITIONS (EIN 453823039) - 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

2015

Legal Domicile

Principal Officer

Tim Scott

Phone

7346243872

Tax Period

2024-01-01 to 2024-12-31

TRUE TRANSITIONS, founded in 2015, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $1.3M left a modest 6% surplus.

Mission

Work with consumers and their families to reduce or eliminate the severity, frequency and duration of the symptoms of mental illness and/or substance abuse.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,347,412

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,347,412

Expense Breakdown

Grants Paid $0

Salaries & Benefits $671,029

Fundraising Expenses $0

Program Expenses $487,851

Other Expenses $595,703

TOTAL EXPENSES $1,266,732

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,347,412	$1,434,905	-0.1%
Expenses	$1,266,732	$1,410,366	-0.1%
Net Income	$80,680	$24,539	+2.3%

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

N/A

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

$709,500

Total Directors

Key Employees

$170,600

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Liako Scott	President	40	Officer	$118,250	$0	$118,250
Timothy Scott	VP	40	Officer	$118,250	$0	$118,250
Laiko Scott	President	40	Officer	$118,250	$0	$118,250
Timothy Scott	VP	40	Officer	$118,250	$0	$118,250
Stephanie John	Director	40	Key Emp	$85,800	$0	$85,800
Laiko Scott	President	40	Officer	$118,250	$0	$118,250
Timothy Scott	Director	40	Officer	$118,250	$0	$118,250
Stephanee John	Director	40	Key Emp	$84,800	$0	$84,800

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	$1,347,412	$1,266,732	$35,550	$80,680
2023	$1,434,905	$1,410,366	$24,537	$24,539
2022	$1,429,792	$1,409,029	$590,244	$20,763
2020	$1,160,212	$25,287	$210,000	$1,134,925
2019	$1,403,629	$1,341,487	$180,000	$62,142
2018	$1,281,011	$1,236,777	$180,000	$44,234

TRUE TRANSITIONS