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Transition Services Inc

Circles Magazine

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 880395940 ✦ Las vegas, NV ✦ Designated as a 501(c)(3)

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Overview

What is Transition Services Inc?

Transition Services Inc, located at 2408 Las Verdes Street, Las Vegas, Nevada 89102, is a nonprofit organization dedicated to supporting individuals with disabilities. Their primary mission is to offer meaningful work experiences, aiming to empower these individuals and contribute positively to their lives. The organization is best known for publishing Circles Magazine, a testament to their commitment to promoting awareness and inclusion. With a workforce of 420 employees, Transition Services Inc is actively engaged in fulfilling its mission, providing opportunities for growth and development to those in need.


Official website here: www.tsilasvegas.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Stars)

Transition Services Inc has received a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization excels particularly in maintaining an independent board, where all members are independent, and it has robust financial oversight measures in place. With a program expense ratio of 92.43%, a significant portion of its resources is directed toward its mission, reflecting effective use of donations.

The organization's financial practices are commendable, as evidenced by its perfect scores in multiple categories such as financial statements oversight and asset management. The absence of material diversion of assets further strengthens its reputation for transparency and responsible governance. However, one notable limitation is the lack of a whistleblower policy, which could be improved to enhance its accountability framework.

Overall, Transition Services Inc demonstrates a commitment to ethical management and effective programming. While it has a solid foundation in accountability and finance, addressing the missing whistleblower policy could further bolster its transparency and governance practices.


This AI summary has been generated from information found on Charity Navigator.

Is Transition Services Inc legitimate?

Transition Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transition Services 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: $140,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,005,493

For more financial information, click here


Official website here: www.tsilasvegas.com

What is the mission statement of Transition Services Inc?

Transition Services Inc's mission is centered around providing meaningful work and experiences to support individuals with disabilities. This mission is carried out through various means, including the publication of Circles Magazine. The organization aims to empower these individuals, offering them opportunities that enhance their skills and independence. By doing so, Transition Services Inc contributes to a more inclusive society where people with disabilities can fully participate in various aspects of life.


Official website here: www.tsilasvegas.com

Who is the CEO of Transition Services Inc?

Michael Wasinger is the President of Transition Services Inc.


Official website here: www.tsilasvegas.com

What is the revenue of Transition Services Inc?

Transition Services Inc's revenue in 2023 was $4,072,348.


Official website here: www.tsilasvegas.com

Who are the executives of Transition Services Inc and what are their salaries?

The average compensation at Transition Services Inc during 2023 was $7,489. There are 420 employees and 5 volunteers at Transition Services Inc.


Here are 9 key members and their salaries:


Sally D Rothfuss (Co-Executive Director)
  • Compensation: $74,816
  • Related: $0
  • Other: $237
Kelly Bigger (Co-Executive Director)
  • Compensation: $43,333
  • Related: $0
  • Other: $0
Russ Faulkner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jc Cudimat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chase Bush (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelley Woods (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Wasinger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernard Bermudez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tsilasvegas.com

Where can I find the form 990 for Transition Services Inc?

Transition Services Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.tsilasvegas.com

Learn more at the official website: www.tsilasvegas.com

Mission Statement of Transition Services Inc

Transition Services Inc, as a mission-driven organization, is dedicated to offering meaningful work and experiences to individuals with disabilities. Their primary objective is to provide these individuals with valuable work opportunities, aiming to enhance their overall well-being and independence. This commitment is evident in their publication of Circles Magazine, which serves as a platform for showcasing the achievements and stories of individuals with disabilities. By focusing on work experiences and offering support, Transition Services Inc strives to empower its beneficiaries, enabling them to lead fulfilling lives and contribute to their communities in a meaningful way.

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Impact




July, 2024

Transition Services Inc's impact is significant in providing meaningful work and experiences to support people with disabilities in Las Vegas, NV. Their mission to empower individuals with disabilities through work opportunities plays a crucial role in enhancing their quality of life and fostering their independence. By publishing Circles Magazine and offering various work programs, Transition Services Inc actively promotes inclusion and addresses the needs of individuals with disabilities within the community. Through their dedication to serving this population, Transition Services Inc makes a positive difference by creating opportunities for personal and professional growth for those they support.




This information is meant to be a general summary of Transition Services 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.

Revenue
$4,072,348 (2023)
Expenses
$4,340,770 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $77,311
  • Program Service Revenue: $3,864,484
  • Gross Receipts: $4,098,204

Assets and Liabilities:

  • Total Assets: $4,598,630
  • Total Liabilities: $1,270,113
  • Net Assets: $3,328,517

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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

$3,862,432

Miscellaneous income

Revenue

$2,052

Organization Details

Founding Year

1998

Principal Officer

Michael Wasinger

Main Address

2408 Las Verdes Street, Las Vegas, NV, 89102

NTEE Category

Code: P20 - Human services

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