PURSUING TRANSFORMATION INC (EIN 873905064) - 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

2021

Legal Domicile

Principal Officer

KENNETH HOLDSMAN

Phone

6054316066

Tax Period

2024-07-01 to 2025-06-30

PURSUING TRANSFORMATION INC, founded in 2021, is a micro nonprofit in the Community Improvement sector that reported $44K in total revenue in fiscal year 2024. Revenue surged 228% from the prior year, signaling strong growth momentum. Expenses of $61K exceeded revenue, resulting in a 40% operating deficit.

Mission

THE PROPERTY IS BEING DEVELOPED AS A STATE-OF-THE ART WORKFORCE TRAINING AND DEVELOPMENT FACILITY, CURRENTLY NAMED THE "GENERATOR." THE OWNER ENTITY, PURSUING TRANSFORMATION INC, WAS FORMED FOR THE PURPOSE OF DEVELOPING THE PROPERTY FOR THE GENERATOR.

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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 $11,250

Program Service Revenue $0

Investment Income $32,304

Other Revenue $0

TOTAL REVENUE $43,554

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $61,050

Other Expenses $61,050

TOTAL EXPENSES $61,050

Year-over-Year Comparison

	2024	2023	Change
Revenue	$43,554	$13,266	+2.3%
Expenses	$61,050	$48,204	+0.3%
Net Income	$-17,496	$-34,938	-0.5%

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

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

$341,196

Total Directors

$341,196

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH HOLDSMAN	PRESIDENT	2.00	Officer Director	$0	$29,194	$341,196
ISAIAH NATHANIEL	TREASURER	2.00	Officer Director	$0	$0	$0
BRUCE GOODMAN	SECRETARY	2.00	Officer Director	$0	$0	$0
THOMAS FAULSTICH	CFO (AS OF 01/2025)	2.00	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
2025	$43,554	$61,050	$2,377,164	$-17,496
2024	No data	No data	No data	No data
2023	$75,584	$70,248	$1,505,459	$5,336
2022	$1,087,848	$18,076	$1,368,548	$1,069,772

PURSUING TRANSFORMATION INC