Transforming Resources (EIN 743256267) - 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

2008

Legal Domicile

Phone

9523451910

Tax Period

2023-01-01 to 2023-12-31

Transforming Resources, founded in 2008, is a small nonprofit in the Mental Health sector that reported $360K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year.

Mission

To provide Christian counseling, life coaching and consulting services.

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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 $50,145

Program Service Revenue $309,330

Investment Income $667

Other Revenue $0

TOTAL REVENUE $360,142

Expense Breakdown

Grants Paid $0

Salaries & Benefits $125,342

Fundraising Expenses $3,000

Program Expenses $260,171

Other Expenses $238,123

TOTAL EXPENSES $363,465

Year-over-Year Comparison

	2023	2022	Change
Revenue	$360,142	$414,350	-0.1%
Expenses	$363,465	$377,539	0.0%
Net Income	$-3,323	$36,811	-1.1%

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

$122,850

Total Directors

$122,850

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Harold G Wahlquist Jr	Chairman & CEO	50.00	Officer Director	$89,000	$33,850	$122,850
Katherine Wahlquist	Treasurer	1.00	Officer	$0	$0	$0
Debra Wahlquist	Secretary	1.00	Officer	$0	$0	$0
Dirk Gasterland	Officer	1.00	Officer	$0	$0	$0
James Lynum	Officer	1.00	Officer	$0	$0	$0
Dawn Ramaker	Officer	1.00	Officer	$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	No data	No data	No data	No data
2023	$360,142	$363,465	$76,199	$-3,323
2022	$414,350	$377,539	$79,522	$36,811
2021	$350,416	$387,271	$42,711	$-36,855
2020	$379,737	$353,474	$79,566	$26,263
2019	$377,542	$377,732	$53,303	$-190
2018	$378,597	$378,205	$53,493	$392

Transforming Resources