TRANSFORMING POWER FUND (EIN 873800736) - 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

REV JOAN ROSS

Phone

3303079784

Tax Period

2024-01-01 to 2024-12-31

TRANSFORMING POWER FUND, founded in 2019, is a micro nonprofit in the Human Services sector that reported $93K in total revenue in fiscal year 2024. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $1.9M exceeded revenue, resulting in a 1884% operating deficit.

Mission

THE TRANSFORMING POWER FUND PROVIDES FUNDING, TRAINING AND OTHER RESOURCES FOR LOCAL PROJECTS THAT ADDRESS THE ROOT CAUSES OF SYSTEMATIC PROBLEMS.

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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 $92,138

Program Service Revenue $0

Investment Income $1,165

Other Revenue $0

TOTAL REVENUE $93,303

Expense Breakdown

Grants Paid $1,370,000

Salaries & Benefits $256,403

Fundraising Expenses $1,250

Program Expenses $1,680,593

Other Expenses $224,999

TOTAL EXPENSES $1,851,402

Year-over-Year Comparison

	2024	2023	Change
Revenue	$93,303	$4,649,653	-1.0%
Expenses	$1,851,402	$695,475	+1.7%
Net Income	$-1,758,099	$3,954,178	-1.4%

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

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

$56,538

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BISHOP MARCIA DINKINS	EXECUTIVE DIRECTOR	040.00	Officer	$56,538	$0	$56,538
REV JOAN ROSS	TREASURER	001.00	Director	$0	$0	$0
LINDA CAMPBELL	MEMBER	001.00	Director	$0	$0	$0
MONICA LEWIS-FITZPATRICK	MEMBER	001.00	Director	$0	$0	$0
SARIDA SCOTT	MEMBER	001.00	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	$93,303	$1,851,402	$2,511,123	$-1,758,099
2023	$3,022,399	$695,475	$2,641,968	$2,326,924
2023	$4,649,653	$695,475	$4,269,222	$3,954,178
2022	$315,044	No data	$315,044	No data

TRANSFORMING POWER FUND