TRANSFORMERS FOUNDATION INC (EIN 842388186) - 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

2019

Legal Domicile

Principal Officer

EMILY OLAH

Phone

2122609266

Tax Period

2024-01-01 to 2024-12-31

TRANSFORMERS FOUNDATION INC, founded in 2019, is a small nonprofit in the Environment sector that reported $247K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $274K exceeded revenue, resulting in a 11% operating deficit.

Mission

TRANSFORMERS FOUNDATION IS THE UNIFIED VOICE REPRESENTING THE DENIM INDUSTRY AND ITS IDEAS FOR POSITIVE CHANGE. IT WAS FOUNDED TO PROVIDE A THUS-FAR MISSING PLATFORM TO THE JEANS AND DENIM SUPPLY CHAIN, AND A CENTRAL POINT OF CONTACT FOR CONSUMERS, BRANDS NGOS, AND MEDIA WHO WANT TO LEARN MORE ABOUT ETHICS AND SUSTAINABLE INNOVATION IN THE INDUSTRY. WE REPRESENT THE DENIM SUPPLY CHAIN: FROM FARMERS AND CHEMICAL SUPPLIERS TO DENIM MILLS.

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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 $214,500

Program Service Revenue $33,813

Investment Income $-1,424

Other Revenue $0

TOTAL REVENUE $246,889

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $24,471

Program Expenses $211,821

Other Expenses $273,729

TOTAL EXPENSES $273,729

Year-over-Year Comparison

	2024	2023	Change
Revenue	$246,889	$324,789	-0.2%
Expenses	$273,729	$438,625	-0.4%
Net Income	$-26,840	$-113,836	-0.8%

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

N/A

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

$20,000

Total Directors

$51,388

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALBERTO DE CONTI	DIRECTOR	10.00	Director	$0	$0	$0
KIM VAN DER WEERD	DIRECTOR	10.00	Director	$51,388	$0	$51,388
TRICIA CAREY	DIRECTOR	10.00	Director	$0	$0	$0
ROBIN CORNELIUS	DIRECTOR	10.00	Director	$0	$0	$0
EMILY OLAH	EXECUTIVE DIRECTOR	10.00	Officer	$20,000	$0	$20,000

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	$246,889	$273,729	$140,242	$-26,840
2023	$324,789	$438,625	$132,239	$-113,836
2022	$299,000	$292,236	$187,827	$6,764
2021	$306,254	$233,686	$157,582	$72,568
2020	$221,458	$149,193	$72,265	$72,265

TRANSFORMERS FOUNDATION INC