Civic Intelligence

Transcend IT Inc

990 • Fiscal year 2020 • EIN 82-0904391

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 27, 2021

Organization Profiletranscendit-mn.org
120 Plato Blvd W Suite 100Saint Paul, MN 55107

(651) 744-0375

Siviq Scores

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

Liabilities / Assets

100th percentile

9.53x

Higher debt load relative to assets than 100% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

1.09x

Higher debt load relative to revenue than 90% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

42nd percentile

2.3%

Higher net margin than 42% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

97th percentile

311%

Faster asset growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

95th percentile

159%

Faster revenue growth than 95% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets100th percentile

Assets

Up

$76,406

Up $57,830 (+311%) from 2019

Net Assets

Up

-$651,501

Up $15,199 (+2.3%) from 2019

Liabilities

Up

$727,907

Up $42,631 (+6.2%) from 2019

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin42nd percentile

Revenue

Up

$666,976

Up $409,861 (+159%) from 2019

Expenses

Up

$651,777

Up $137,115 (+27%) from 2019

Net Income

Up

$15,199

Up $272,746 (+106%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$1.0M$500K$0-$500K-$1.0MAssets 2019: $18,576Liabilities 2019: $685,276Net Assets 2019: -$666,7002019Assets 2020: $76,406Liabilities 2020: $727,907Net Assets 2020: -$651,5012020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2020

Assets$76,406
Liabilities$727,907
Net Assets-$651,501
Open 2020 Filing

Operations Trend

Revenue Growth95th percentile

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

$1.0M$500K$0-$500KRevenue 2019: $257,115Expenses 2019: $514,662Net Income 2019: -$257,5472019Revenue 2020: $666,976Expenses 2020: $651,777Net Income 2020: $15,1992020Revenue 2021: $76,970Expenses 2021: $72,017Net Income 2021: $4,9532021

Highlighted filing

2020

Revenue$666,976
Expenses$651,777
Net Income$15,199
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 27, 2021
Return Version
2020v4.1
Gross Receipts
$666,976
Mission and Program Overview

Mission

Breaking systemic barriers to create equitable employment for underrepresented communities by providing access to technology skills, job placement, and mentorship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$681,371$578,007▼ $103,364
Cash and Non-Interest-Bearing Accounts$18,576$72,158▲ $53,582
Accounts Receivable-$4,248-
Total Assets$18,576$76,406▲ $57,830
Liabilities
Unsecured Notes Loans Payable-$149,900-
Accounts Payable and Accrued Expenses$3,905--
Total Liabilities$685,276$727,907▲ $42,631
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-666,700$-651,501▲ $15,199
Total Net Assets Fund Balance$-666,700$-651,501▲ $15,199
Total Liabilities and Net Assets / Fund Balance$18,576$76,406▲ $57,830
Compensation and Service Providers
Top Officer Pay51st percentile

Board Members and Trustees

NameTitle
Amintha RatnayakeBoard Chair
Barbra BrownBoard Member
Danielle SteerBoard Member
Elliot PayneBoard Member
Jermaine BrownBoard Member
Samuel NdelyBoard Member
Yohance PickettBoard Member
Adrian RatnayakeExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$294,688
Program Service Revenue
$372,288
Investment Income
$0
Other Revenue
$0
All Other Contributions
$231,576
Change in Net Assets
$15,199
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$651,777
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$332,641$166,321-$498,962
Occupancy$44,021$22,011-$66,032
Office Expenses$22,503$11,251-$33,754
Advertising$14,489$7,245-$21,734
Insurance$4,761$2,381-$7,142
Information Technology$3,415$1,707-$5,122
Fees for Services Accounting-$565-$565
Other Expenses$227$114-$341
Travel$3$1-$4
Total Functional Expenses$434,141$217,636$0$651,777
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Adrian RatnayakeAdrian is Executive DirectorOperating expenses paid by AdrianNo$578,007

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$681,371$578,007▼ $103,364
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“Adrian Ratnayake and Amintha Ratnayake are siblings.”

Form 990, Part VI, Section B, line 11B

“A copy of the 990 is provided to the Board of Directors and the Board approves the 990 before filing.”

Form 990, Part VI, Section B, line 12C

“The Organization annually reviews any potential conflicts of interest with board members or key employees.”

Form 990, Part VI, Section C, line 19

“The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Transcend IT Inc
EIN
82-0904391
Phone
6517440375
Address
120 Plato Blvd W Suite 100, Saint Paul, MN 55107

Signing Officer

Name
Adrian Ratnayake
Title
Executive Director
Phone
6517440375
Signed
2021-07-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adrian Ratnayake
Formed
2017
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
5

Preparer

Firm
Abdo Eick & Meyers LLP
Address
5201 Eden Avenue Suite 250, Edina, MN 55436
Preparer
Steven D Anseth CPA
Phone
9528359090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Contractors: Program service expenses 175,678. Management and general expenses 87,839. Fundraising expenses 0. Total expenses 263,517. P2P Contractors: Program service expenses 156,963. Management and general expenses 78,482. Fundraising expenses 0. Total expenses 235,445.”

Raw XML Appendix388 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03905
IRS990/AccountsReceivableGrp/EOYAmt04248
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Breaking systemic barriers to create equitable employment for underrepresented communities by providing access to technology skills, job placement, and mentorship.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt07245
IRS990/AdvertisingGrp/ProgramServicesAmt014489
IRS990/AdvertisingGrp/TotalAmt021734
IRS990/AllOtherContributionsAmt0231576
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0The Organization
IRS990/BooksInCareOfDetail/PhoneNum06517440375
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0120 Plato Blvd W Suite 100
IRS990/BooksInCareOfDetail/USAddress/CityNm0Saint Paul
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055107
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt018576
IRS990/CashNonInterestBearingGrp/EOYAmt072158
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0294688
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0651777
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0372288
IRS990/CYRevenuesLessExpensesAmt015199
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0651777
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0666976
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0Transcend IT is a non-profit organization dedicated to working with Women, Veterans and BI POC individuals to move into technology careers by providing a framework of education, job skills training, financial literacy, career placement and continual mentorship and guidance.Transcend IT's programs are here to provide enrolled participants with a non-cost gateway to sustainable employment and income. Employment opportunities are out there but there are barriers, such as, needing experience or secondary education. Information Technology jobs are one of the biggest areas of growth in our economy but yet the demographic we serve is the least represented within the industry.The key to our success in accomplishing this is not what we do but how we do it. Our formula places just the right amount of responsibility on each participant and but also builds in dedicated experts to supplement the process so that the typical obstacles that are faced will be overcome easily.We have partnered with local organizations to ensure that we are able to provide the resources needed that we are not experts in.During 2020, there were 110 active participants enrolled in our program and have helped 20 individuals gain employment through one of our partnering placement companies after successfully completing the training program.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0434141
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0565
IRS990/FeesForServicesAccountingGrp/TotalAmt0565
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0166321
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0332641
IRS990/FeesForServicesOtherGrp/TotalAmt0498962
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0Amintha Ratnayake
IRS990/Form990PartVIISectionAGrp/PersonNm1Yohance Pickett
IRS990/Form990PartVIISectionAGrp/PersonNm2Danielle Steer
IRS990/Form990PartVIISectionAGrp/PersonNm3Barbra Brown
IRS990/Form990PartVIISectionAGrp/PersonNm4Elliot Payne
IRS990/Form990PartVIISectionAGrp/PersonNm5Jermaine Brown
IRS990/Form990PartVIISectionAGrp/PersonNm6Samuel Ndely
IRS990/Form990PartVIISectionAGrp/PersonNm7Adrian Ratnayake
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Executive Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt063112
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0666976
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01707
IRS990/InformationTechnologyGrp/ProgramServicesAmt03415
IRS990/InformationTechnologyGrp/TotalAmt05122
IRS990/InsuranceGrp/ManagementAndGeneralAmt02381
IRS990/InsuranceGrp/ProgramServicesAmt04761
IRS990/InsuranceGrp/TotalAmt07142
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt023
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0681371
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0578007
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Breaking systemic barriers to create equitable employment for underrepresented communities by providing access to technology skills, job placement, and mentorship.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-666700
IRS990/NetAssetsOrFundBalancesEOYAmt0-651501
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-666700
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-651501
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt022011
IRS990/OccupancyGrp/ProgramServicesAmt044021
IRS990/OccupancyGrp/TotalAmt066032
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011251
IRS990/OfficeExpensesGrp/ProgramServicesAmt022503
IRS990/OfficeExpensesGrp/TotalAmt033754
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Equipment Expenses
IRS990/OtherExpensesGrp/Desc1Fees
IRS990/OtherExpensesGrp/Desc2Janitorial
IRS990/OtherExpensesGrp/Desc3Dues and Subscriptions
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04273
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11025
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2742
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3114
IRS990/OtherExpensesGrp/ProgramServicesAmt08545
IRS990/OtherExpensesGrp/ProgramServicesAmt12051
IRS990/OtherExpensesGrp/ProgramServicesAmt21485
IRS990/OtherExpensesGrp/ProgramServicesAmt3227
IRS990/OtherExpensesGrp/TotalAmt012818
IRS990/OtherExpensesGrp/TotalAmt13076
IRS990/OtherExpensesGrp/TotalAmt22227
IRS990/OtherExpensesGrp/TotalAmt3341
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Adrian Ratnayake
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0IT Sales
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0372288
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0372288
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0140297
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02400
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0512262
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0116818
IRS990/PYRevenuesLessExpensesAmt0-257547
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0514662
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0257115
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt015199
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0372288
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0294688
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0140297
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0434985
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0372288
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0116818
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0489106
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0631455
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0168457
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0124179
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0292636
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0168457
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0124179
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0292636
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0666976
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0257115
IRS990ScheduleA/Total509Grp/TotalAmt0924091
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0666976
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0257115
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0924091
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
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Adrian Ratnayake
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Adrian is Executive Director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0578007
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Operating expenses paid by Adrian
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0578007
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Adrian pays for various operating expenses since the Organization is new
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0681371
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Adrian Ratnayake
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Executive Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt0578007
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Adrian Ratnayake and Amintha Ratnayake are siblings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A copy of the 990 is provided to the Board of Directors and the Board approves the 990 before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization annually reviews any potential conflicts of interest with board members or key employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Contractors: Program service expenses 175,678. Management and general expenses 87,839. Fundraising expenses 0. Total expenses 263,517. P2P Contractors: Program service expenses 156,963. Management and general expenses 78,482. Fundraising expenses 0. Total expenses 235,445.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt018576
IRS990/TotalAssetsEOYAmt076406
IRS990/TotalAssetsGrp/BOYAmt018576
IRS990/TotalAssetsGrp/EOYAmt076406
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0294688
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0217636
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0434141
IRS990/TotalFunctionalExpensesGrp/TotalAmt0651777
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0685276
IRS990/TotalLiabilitiesEOYAmt0727907
IRS990/TotalLiabilitiesGrp/BOYAmt0685276
IRS990/TotalLiabilitiesGrp/EOYAmt0727907
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-666700
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-651501
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0434141
IRS990/TotalProgramServiceRevenueAmt0372288
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0372288
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0666976
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt018576
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt076406
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01
IRS990/TravelGrp/ProgramServicesAmt03
IRS990/TravelGrp/TotalAmt04
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0149900
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0120 Plato Blvd W Suite 100
IRS990/USAddress/CityNm0Saint Paul
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055107
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0https://transcendit-mn.org/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Adrian Ratnayake
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06517440375
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Transcend IT Inc
ReturnHeader/Filer/BusinessNameControlTxt0TRAN
ReturnHeader/Filer/EIN0820904391
ReturnHeader/Filer/PhoneNum06517440375
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 Plato Blvd W Suite 100
ReturnHeader/Filer/USAddress/CityNm0Saint Paul
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055107
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411397419
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Abdo Eick & Meyers LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05201 Eden Avenue Suite 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Edina
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055436
ReturnHeader/PreparerPersonGrp/PhoneNum09528359090
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steven D Anseth CPA
ReturnHeader/ReturnTs02021-07-27T11:06:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Adrian
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Ratnayake
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$76,406
Liabilities
$727,907
Net assets
-$651,501
Revenue
$666,976
Expenses
$651,777
Net income
$15,199
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.77$0.72$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.76$7.28$6.52$6.67$6.52$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.19$6.85$6.67$2.57$5.15$2.58