Overview
What is Transitional Resources?
Transitional Resources is a non-profit organization based in Seattle, Washington, specifically at 2970 SW Avalon Way, 98126. Their primary mission is to offer a comprehensive range of social support services for low-income adults grappling with serious and persistent mental illnesses. A key aspect of their work involves providing an intensive residential care program, offering round-the-clock mental health support for adults in need. Established with the aim of ensuring a holistic approach to care, Transitional Resources employs a staff of 46 individuals dedicated to making a difference in the lives of those they serve.
Official website here: www.transitionalresources.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Transitional Resources has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The charity's overall score is based entirely on its Accountability & Finance metrics, which are exemplary. The organization has demonstrated a solid governance structure, with an independent board comprising 100% independent members and no material diversion of assets reported.
The financial health of Transitional Resources is notable, with a high program expense ratio of 82.01%, indicating that a significant portion of its funds is directed toward its programs. Additionally, the organization adheres to best practices in governance and compliance, with policies in place for conflict of interest, whistleblower protections, and document retention.
While the charity shows strong performance in its financial and governance practices, ongoing transparency and accountability will be crucial for maintaining this high rating. Stakeholders can have confidence in Transitional Resources' operations, knowing that it prioritizes ethical management and efficient use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Transitional Resources legitimate?
Transitional Resources is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transitional Resources 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: $183,469
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,482,081
For more financial information, click here
Official website here: www.transitionalresources.org
What is the mission statement of Transitional Resources?
Transitional Resources is an organization dedicated to providing a comprehensive range of social support services for low-income adults struggling with serious and persistent mental illnesses. Their mission is geared towards offering a full spectrum of care, aiming to make a positive impact on the lives of those affected. One of their key services is intensive residential care, where they offer round-the-clock mental health support for adults dealing with mental illness, ensuring they receive the care they need.
Official website here: www.transitionalresources.org
Who is the CEO of Transitional Resources?
Darcell Slovek-Walker is the CEO of Transitional Resources The CEO's salary of Transitional Resources is $174,345 and their total compensation is $184,473.
Official website here: www.transitionalresources.org
What is the revenue of Transitional Resources?
Transitional Resources's revenue in 2023 was $5,409,710.
Official website here: www.transitionalresources.org
Who are the executives of Transitional Resources and what are their salaries?
The average compensation at Transitional Resources during 2023 was $41,008. There are 65 employees and 12 volunteers at Transitional Resources.
Here are 19 key members and their salaries (Transitional Resources's CEO's salary is $174,345 and their total compensation is $184,473):
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Official website here: www.transitionalresources.org
Where can I find the form 990 for Transitional Resources?
Transitional Resources's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.transitionalresources.org
Learn more at the official website: www.transitionalresources.org
Mission Statement of Transitional Resources
Transitional Resources, an established organization, is dedicated to providing a comprehensive range of social support services for low-income adults battling serious and persistent mental illnesses. The mission of this nonprofit is centered around offering a full spectrum of social support services, aimed at facilitating recovery and promoting a better quality of life for those affected.
Specifically, Transitional Resources focuses on providing intensive residential care for adults struggling with mental illness. This includes a 24-hour mental health residential program, where individuals receive constant care and support to help them manage their condition more effectively. By offering this type of intensive care, the organization aims to create an environment that fosters emotional stability and encourages growth towards recovery.
In summary, Transitional Resources is a beacon of hope for those grappling with mental illness. By providing a comprehensive range of social support services and intensive residential care, the organization works tirelessly to empower adults with serious mental illnesses and aid them on their path to recovery.
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Impact
June, 2024
Transitional Resources has a significant impact on the community by providing intensive residential care for low-income adults with serious and persistent mental illnesses in Seattle, WA. Through their 24-hour mental health residential program, they offer crucial support services to individuals facing mental health challenges. Their comprehensive approach aims to improve the lives of those in need and address the complex needs of this vulnerable population.
This information is meant to be a general summary of Transitional Resources. 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: $12,400
- Program Service Revenue: $1,425,609
- Gross Receipts: $5,462,616
Assets and Liabilities:
- Total Assets: $10,035,815
- Total Liabilities: $4,453,423
- Net Assets: $5,582,392
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$1,013,048
RENTALS
Revenue
$346,970
DEVELOPER FEES
Revenue
$65,591
Organization Details
Founding Year
1976
Principal Officer
Darcell Slovek-Walker
NTEE Category
Code: F34Z - Mental health
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