Transitions Foundation-nc Inc is a 501(c)(3) organization based in Wilmington, North Carolina, registered in 2018, with $46,669 in FY2023 revenue. CharityIndex grades it C.
Revenue (FY2023)
$47K
▼ 40.8% vs prior year
Human Services median: $293K
Expenses (FY2023)
$50K
Net assets
$3,148
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Transitions Foundation-nc Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Transitions Foundation-nc Inc: 1 mo reserves · -8% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Transitions Foundation-nc Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Transitions Foundation-nc Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $81K (FY2018) to $47K (FY2023) across 4 reported years.
Financial snapshot
Operating margin
-7.6%
Spent more than it raised in the latest fiscal year.
Total assets
$3,645
Total liabilities
$497
Net assets
$3,148
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $46,669▼40.8% | $50,225▼42.9% | $3,148▼53.0% | $3,645▼57.1% | 990EZ |
| 2022 | $78,845▼35.0% | $87,921▼19.7% | $6,704▼57.5% | $8,498▼52.4% | 990EZ |
| 2021 | $121,340▲49.4% | $109,461▲38.7% | $15,780▼3.8% | $17,864▼2.5% | 990EZ |
| 2018 | $81,224 | $78,929 | $16,411 | $18,318 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Transitions Foundation-nc Inc totaling $16K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| New Hanover Community Endowment Inc | Transitions foundation-nc prepares college-aged students with autism spectrum disorder with the necessary skills to complete postsecondary education through academic and vocational goal attainment.this grant will support services for students transitioning to post-secondary education. | 2022 | $15,500 |
Explore more
Data for Transitions Foundation-nc Inc (EIN 82-2538820) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.