Transition Projects Inc (EIN 930591582) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

TONY BERNAL

Phone

5032804700

Tax Period

2024-07-01 to 2025-06-30

Transition Projects Inc, founded in 1970, is a mid-sized nonprofit that reported $42.0M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

TRANSITION PROJECTS HELPS PEOPLE MOVE FROM HOMELESSNESS TO HOUSING THROUGH A VARIETY OF PROGRAMS THAT INCLUDE SHELTER, SUPPORTIVE HOUSING, OUTREACH, AND A DAY CENTER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $41,755,318

Program Service Revenue $177,805

Investment Income $84,704

Other Revenue $0

TOTAL REVENUE $42,017,827

Expense Breakdown

Grants Paid $10,339,725

Salaries & Benefits $23,687,162

Fundraising Expenses $907,091

Program Expenses $36,071,596

Other Expenses $7,245,630

TOTAL EXPENSES $41,272,517

Year-over-Year Comparison

	2024	2023	Change
Revenue	$42,017,827	$38,826,913	+0.1%
Expenses	$41,272,517	$37,625,999	+0.1%
Net Income	$745,310	$1,200,914	-0.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

565

Volunteers

700

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

$224,804

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONY BERNAL	Executive Dir.	40.00	Officer	$202,396	$22,408	$224,804
BERNARD BURCZAK	CFO	40.00		$153,595	$17,076	$170,671
ROMA PEYSER	VP DEVELOPMENT	40.00		$132,154	$7,140	$139,294
JENIFER SPAFFORD	VP HUMAN RESOURCES	40.00		$132,957	$4,704	$137,661
MIRO PALJEVIC	VP HOUSING	40.00		$118,071	$10,601	$128,672
KIRK DOBBINS	CHAIR	1.00	Officer Director	$0	$0	$0
ALAN SHOEBRIDGE	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
RICO BOCALA	SECRETARY/TREAS	1.00	Officer Director	$0	$0	$0
JULIE BRIGGS	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIE CUSUMANO	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN DUCKER	BOARD MEMBER	1.00	Director	$0	$0	$0
MELISSA ECKSTEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
SHAWN FORDE	BOARD MEMBER	1.00	Director	$0	$0	$0
DEWANNA HARRIS	BOARD MEMBER	1.00	Director	$0	$0	$0
MARA KENNEDY	BOARD MEMBER	1.00	Director	$0	$0	$0
TIM LOWNDES	BOARD MEMBER	1.00	Director	$0	$0	$0
ELISABETH LYON	BOARD MEMBER	1.00	Director	$0	$0	$0
CARTER MACNICHOL	BOARD MEMBER	1.00	Director	$0	$0	$0
KATE ROBINSON	BOARD MEMBER	1.00	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
2025	$42,017,827	$41,272,517	$17,273,127	$745,310
2024	$38,826,913	$37,625,999	$15,461,032	$1,200,914
2023	$31,819,901	$32,565,921	$14,982,072	$-746,020
2022	$30,379,719	$30,696,457	$12,685,121	$-316,738
2021	$31,201,097	$31,331,851	$13,505,803	$-130,754
2020	$23,932,693	$24,509,179	$15,962,263	$-576,486
2019	$21,144,913	$20,687,183	$10,352,382	$457,730
2018	$19,657,275	$18,703,974	$10,205,720	$953,301

Transition Projects Inc