Civic Intelligence

Transformation Gems

990EZ • Fiscal year 2023 • EIN 47-1207351

Jan 01, 2023 to Dec 31, 2023 • Filed on May 16, 2024

Organization ProfileTRANSFORMATIONGEMS.COM
3333 S Pennsylvania Suite 100Lansing, MI 48910

(805) 994-0822

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

24th percentile

-14%

Higher net margin than 24% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

80th percentile

$3,500

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

9th percentile

-54%

Faster asset growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2023

Revenue Growth

60th percentile

14%

Faster revenue growth than 60% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$8,069

Down $30,452 (-79%) from 2021

Net Assets

Down

$8,069

Down $29,495 (-79%) from 2021

Liabilities

Down

$0

Down $957 (-100%) from 2021

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin24th percentile

Revenue

Up

$73,951

Up $16,900 (+30%) from 2021

Expenses

Up

$84,355

Up $64,735 (+330%) from 2021

Net Income

Down

-$10,404

Down $47,835 (-128%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40K$30K$20K$10K$0Assets 2021: $38,521Liabilities 2021: $957Net Assets 2021: $37,5642021Assets 2023: $8,069Liabilities 2023: $0Net Assets 2023: $8,0692023Assets 2024: $20,570Net Assets 2024: $20,5702024

Highlighted filing

2023

Assets$8,069
Liabilities$0
Net Assets$8,069
Open 2023 Filing

Operations Trend

Revenue Growth60th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2021: $57,051Expenses 2021: $19,620Net Income 2021: $37,4312021Revenue 2023: $73,951Expenses 2023: $84,355Net Income 2023: -$10,4042023Revenue 2024: $150,013Expenses 2024: $133,608Net Income 2024: $16,4052024

Highlighted filing

2023

Revenue$73,951
Expenses$84,355
Net Income-$10,404
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 16, 2024
Return Version
2023v5.0
Gross Receipts
$73,951
Mission and Program Overview

Mission

Our organizations mission is educate women about entrepreneurship and empower them to be leaders in the local community.

To empower and educate women to start and accelerate their businesses to create systems, legacies and to become recession-proof.

Program Services

DescriptionGrantsExpenses
PROVIDING RESOURCES,AFFORDABLE SHARED OFFICE SPACES, FREE POP-UPS TO ROMOTE BUSINESS, MONTHLY ONLINE EDUCATIONAL SESSIONS-$83,271
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERKIA SMITHTreasurer-$3,500-$3,500
CARMEN THOMASPresidentPT$0--
WARD BEARDDirector-$0--
LAVERNE D MICKELExecutive Se-$0--
Filing and Contact Details

Filer

Filer Name
Transformation Gems
EIN
47-1207351
Phone
8059940822
Address
3333 S PENNSYLVANIA SUITE 100, LANSING, MI 48910

Signing Officer

Name
Carmen Thomas
Title
President
Signed
2024-05-16
Discuss with paid preparer
Yes

Preparer

Firm
Davison & Associates CPA
Address
3250 W BIG BEAVER RD STE 450, TROY, MI 48084
Preparer
Jeffrey C Jablonski CPA
Phone
2486430026
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Rent income 5,047 total 5,047”

Form 990-ez, Part I, Line 16

“Expenses advertising and marketing 3,576 office supplies & software 12,505 travel 1,166 conference expenses 21,567 contractors & consultants 4,127 donations 3,204 dues and subscriptions 1,026 meals 1,462 networking 110 repairs and maintenance 5,963 taxes and licenses 485 total 55,191”

Form 990-ez, Part I, Line 20

“Prior period adjustment 48,287”

Form 990-ez, Part II, Line 26

“48,287 0”

Form 990-ez, Part III

“To empower and educate women to start and accelerate their businesses to create systems, legacies and to become recession-proof.”

Raw XML Appendix156 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0CARMEN THOMAS
IRS990EZ/BooksInCareOfDetail/PhoneNum08059940822
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03333 S PENNSYLVANIA
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0SUITE 100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LANSING
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd048910
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt018473
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08069
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt055919
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-10404
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0599
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt018473
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08069
IRS990EZ/GrossReceiptsAmt073951
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-29814
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08069
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-29814
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08069
IRS990EZ/OccupancyRentUtltsAndMaintAmt025065
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt023.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt24.62
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt23500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CARMEN THOMAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WARD BEARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ERKIA SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LAVERNE D MICKEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3EXECUTIVE SE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt048287
IRS990EZ/OtherExpensesTotalAmt055191
IRS990EZ/OtherRevenueTotalAmt05047
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO EMPOWER AND EDUCATE WOMEN TO START AND ACCELERATE THEIR BUSINESSES TO CREATE SYSTEMS, LEGACIES AND TO BECOME RECESSION-PROOF.
IRS990EZ/ProgramServiceRevenueAmt012985
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING RESOURCES,AFFORDABLE SHARED OFFICE SPACES, FREE POP-UPS TO ROMOTE BUSINESS, MONTHLY ONLINE EDUCATIONAL SESSIONS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt083271
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt03500
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt048287
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt084355
IRS990EZ/TotalProgramServiceExpensesAmt083271
IRS990EZ/TotalRevenueAmt073951
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0TRANSFORMATIONGEMS.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt055919
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt068630
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt053117
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt016315
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt021908
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0215889
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt012985
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012985
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt05047
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt05047
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0233921
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt073951
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt068630
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt053117
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt016315
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt021908
IRS990ScheduleA/Total509Grp/TotalAmt0233921
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt073951
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt068630
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt053117
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt016315
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt021908
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0233921
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RENT INCOME 5,047 TOTAL 5,047
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING AND MARKETING 3,576 OFFICE SUPPLIES & SOFTWARE 12,505 TRAVEL 1,166 CONFERENCE EXPENSES 21,567 CONTRACTORS & CONSULTANTS 4,127 DONATIONS 3,204 DUES AND SUBSCRIPTIONS 1,026 MEALS 1,462 NETWORKING 110 REPAIRS AND MAINTENANCE 5,963 TAXES AND LICENSES 485 TOTAL 55,191
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR PERIOD ADJUSTMENT 48,287
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt348,287 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO EMPOWER AND EDUCATE WOMEN TO START AND ACCELERATE THEIR BUSINESSES TO CREATE SYSTEMS, LEGACIES AND TO BECOME RECESSION-PROOF.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CARMEN THOMAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRANSFORMATION GEMS
ReturnHeader/Filer/BusinessNameControlTxt0TRAN
ReturnHeader/Filer/EIN0471207351
ReturnHeader/Filer/PhoneNum08059940822
ReturnHeader/Filer/USAddress/AddressLine1Txt03333 S PENNSYLVANIA SUITE 100
ReturnHeader/Filer/USAddress/CityNm0LANSING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048910
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383212773
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVISON & ASSOCIATES CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03250 W BIG BEAVER RD STE 450
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TROY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048084
ReturnHeader/PreparerPersonGrp/PhoneNum02486430026
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY C JABLONSKI CPA
ReturnHeader/ReturnTs02024-05-30T10:41:17-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CARMEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0THOMAS
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,069
Liabilities
$0
Net assets
$8,069
Revenue
$73,951
Expenses
$84,355
Net income
-$10,404
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.21$0.21$1.50$1.34$0.16
2023Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.74$0.84$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.01$0.38$0.57$0.20$0.37