Overview
What is Nonprofit Transformation Inc?
Nonprofit Transformation Inc, situated in Dallas, Texas, is a dedicated organization that offers affordable training programs to charitable, educational, and religious nonprofit corporations. Their primary focus is on enhancing board governance, developing effective fundraising strategies, and implementing strategic planning. By offering these services at a reduced cost, they cater to low-budget organizations, aiming to improve their overall operations and effectiveness.
Official website here: www.nonprofittransformation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This rating indicates that Nonprofit Transformation Inc demonstrates a reasonable level of accountability and financial health. The organization has achieved a good score primarily due to its strong performance in several key areas, highlighting a commitment to transparency and responsible financial management.
The nonprofit boasts a fully independent board, scoring 10 out of 10 for its board composition, which consists entirely of independent members. Additionally, it has no material diversion of assets and a low liabilities to assets ratio of 4.11%, reflecting solid financial stability. The program expense ratio is commendable at 88.58%, indicating that a significant portion of funds is directed towards its programs rather than administrative costs.
However, there are notable limitations in the nonprofit's governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy has resulted in a lower score in these areas, which are typically essential for ensuring accountability and ethical practices. Addressing these gaps could enhance the organization’s overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Nonprofit Transformation Inc legitimate?
Nonprofit Transformation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nonprofit Transformation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $55,296
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nonprofittransformation.org
What is the mission statement of Nonprofit Transformation Inc?
Nonprofit Transformation Inc is dedicated to aiding charitable, educational, and religious nonprofit corporations by providing them with affordable training in areas such as board governance, fundraising strategies, and strategic planning. The organization's mission is to empower these organizations with the necessary skills to enhance their operations and effectively serve their communities. By offering reduced-cost training services, Nonprofit Transformation Inc aims to support low-budget organizations that may otherwise struggle to access such resources.
Official website here: www.nonprofittransformation.org
What is the revenue of Nonprofit Transformation Inc?
Nonprofit Transformation Inc's revenue in 2023 was $75,608.
Official website here: www.nonprofittransformation.org
Who are the executives of Nonprofit Transformation Inc and what are their salaries?
The average compensation at Nonprofit Transformation Inc during 2023 was $55,296. There is 1 employee at Nonprofit Transformation Inc.
There is 1 key member and their salary:
- Compensation: $55,296
- Related: $0
- Other: $0
Official website here: www.nonprofittransformation.org
Where can I find the form 990 for Nonprofit Transformation Inc?
Nonprofit Transformation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nonprofittransformation.org
Learn more at the official website: www.nonprofittransformation.org
Mission Statement of Nonprofit Transformation Inc
Nonprofit Transformation, an organization specializing in charitable, educational, and religious nonprofit corporations, is committed to providing them with essential training in board governance, fundraising strategies, and strategic planning. Recognizing the unique challenges faced by low-budget organizations, Nonprofit Transformation offers its training services at a substantially reduced cost, making it an affordable solution for these entities. By equipping these corporations with the necessary skills and knowledge, Nonprofit Transformation aims to enhance their operational efficiency and overall effectiveness.
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Impact
August, 2024
Nonprofit Transformation Inc's impact can be seen in its efforts to train charitable, educational, and religious organizations in board governance, fundraising strategies, and strategic planning. By offering these training services at a substantially reduced cost, Nonprofit Transformation Inc has made it affordable for low-budget organizations to improve their operations. This training can help organizations become more effective and efficient in achieving their missions.
This information is meant to be a general summary of Nonprofit Transformation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $30
- Program Service Revenue: $68,078
- Gross Receipts: $75,608
Assets and Liabilities:
- Total Assets: $17,274
- Total Liabilities: $711
- Net Assets: $16,563
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$68,078
Organization Details
Founding Year
2018
Principal Officer
Thomas C Blackmon Jr
NTEE Category
Code: J22 - Employment
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