Civic Intelligence

Transitions Foundation-Nc Inc.

990EZ • Fiscal year 2022 • EIN 82-2538820

Jul 01, 2021 to Jun 30, 2022 • Filed on May 16, 2023

Organization Profile
201 N FRONT ST Suite M106Wilmington, NC 28401-5087

(910) 269-9294

Siviq Scores

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

Liabilities / Assets

71st percentile

0.12x

Higher debt load relative to assets than 71% of similar nonprofits.

2022 filings • NTEE P80 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

61st percentile

0.02x

Higher debt load relative to revenue than 61% of similar nonprofits.

2022 filings • NTEE P80 • <$500k nonprofits • Source year 2022

Net Margin

63rd percentile

9.8%

Higher net margin than 63% of similar nonprofits.

2022 filings • NTEE P80 • <$500k nonprofits • Source year 2022

Top Officer Pay

86th percentile

$30,270

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 24.9% of source-year revenue.

2022 filings • NTEE P80 • <$500k nonprofits • Source year 2022

Asset Growth

60th percentile

4.5%

Faster asset growth than 60% of similar nonprofits.

2022 filings • NTEE P80 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

61st percentile

19%

Faster revenue growth than 61% of similar nonprofits.

2022 filings • NTEE P80 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$17,864

Up $763 (+4.5%) from 2021

Net Assets

$15,780

No earlier filing loaded for comparison.

Liabilities

Down

$2,084

Down $11,116 (-84%) from 2021

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin63rd percentile

Revenue

Up

$121,340

Up $19,335 (+19%) from 2021

Expenses

Up

$109,461

Up $7,677 (+7.5%) from 2021

Net Income

Up

$11,879

Up $11,658 (+5275%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$20K$15K$10K$5.0K$0Assets 2018: $14,845Liabilities 2018: $7292018Assets 2019: $18,318Liabilities 2019: $1,907Net Assets 2019: $16,4112019Assets 2020: $16,787Liabilities 2020: $13,1082020Assets 2021: $17,101Liabilities 2021: $13,2002021Assets 2022: $17,864Liabilities 2022: $2,084Net Assets 2022: $15,7802022Assets 2023: $8,498Liabilities 2023: $1,794Net Assets 2023: $6,7042023Assets 2024: $3,645Liabilities 2024: $497Net Assets 2024: $3,1482024

Highlighted filing

2022

Assets$17,864
Liabilities$2,084
Net Assets$15,780
Open 2022 Filing

Operations Trend

Revenue Growth61st percentile

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

$150K$100K$50K$0-$50KRevenue 2018: $6,587Expenses 2018: $6,232Net Income 2018: $3552018Revenue 2019: $81,224Expenses 2019: $78,929Net Income 2019: $2,2952019Revenue 2020: $74,736Expenses 2020: $87,469Net Income 2020: -$12,7332020Revenue 2021: $102,005Expenses 2021: $101,784Net Income 2021: $2212021Revenue 2022: $121,340Expenses 2022: $109,461Net Income 2022: $11,8792022Revenue 2023: $78,845Expenses 2023: $87,921Net Income 2023: -$9,0762023Revenue 2024: $46,669Expenses 2024: $50,225Net Income 2024: -$3,5562024

Highlighted filing

2022

Revenue$121,340
Expenses$109,461
Net Income$11,879
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 16, 2023
Return Version
2021v4.0
Gross Receipts
$121,340
Mission and Program Overview

Mission

Tax Exempt Purpose Explanation- Prepare students with autism spectrum disorder with skills necessary to complete post-secondary education through vocational education and training while being contributing members of their communities.

Program Services

DescriptionGrantsExpenses
Services for 2 students from May through December$5,000$5,000
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Monica HerrickExecutive Director Of AdministrationFT$30,270-$30,270
Dr Meredith MoatesExecutive Director Of CurriculumFT$28,800-$28,800
Marybeth BobakPresident Board Chair-$0--
Sonia JohnsonChief Financial Officer-$0--
Peggy NeedhamStudent Support-$0--
Filing and Contact Details

Filer

Filer Name
Transitions Foundation-nc Inc
EIN
82-2538820
In Care Of
% Monica Herrick
Address
201 N FRONT ST Suite M106, WILMINGTON, NC 28401-5087

Signing Officer

Name
Monica Herrick
Title
Executive Director of Administrati
Signed
2023-05-16
Supplemental Narrative

Additional Explanations

Part I, line 8

“| Other Revenues:, Amount:| PPP Forgiveness Loan Approved, $11083|”

Part I, line 16

“| Other Expenses:, Amount:| Part 1-Line 16- All other operational expenses not listed on Form 990EZ, $11184|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| #1-Part II,Line 24-Capitla Outlay Furniture $14,019., $14019, $14019|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Part II-PPP Loan and Payroll Liabilities, $13200, $2084|”

Raw XML Appendix154 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Wilmington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028401
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Marybeth Bobak
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Sonia Johnson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Peggy Needham
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Dr Meredith Moates
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Monica Herrick
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President Board Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chief Financial Officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Student Support
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Executive Director of Curriculum
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Executive Director of Administration
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt014019
IRS990EZ/OtherAssetsTotalDetail/EOYAmt014019
IRS990EZ/OtherExpensesTotalAmt011184
IRS990EZ/OtherRevenueTotalAmt011083
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Tax Exempt Purpose Explanation- Prepare students with autism spectrum disorder with skills necessary to complete post-secondary education through vocational education and training while being contributing members of their communities.
IRS990EZ/PrintingPublicationsPostageAmt0307
IRS990EZ/ProgramServiceRevenueAmt0102657
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Services for 2 students from May through December
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt05000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt066862
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt013200
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02084
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0109461
IRS990EZ/TotalProgramServiceExpensesAmt05000
IRS990EZ/TotalRevenueAmt0121340
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0| Year:, Amount:, Description:| -4, , | -3, | -2, | -1, | 0, |
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0720
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0720
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09040
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IRS990ScheduleA/PublicSupportTotal170Amt09040
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07600
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0720
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09040
IRS990ScheduleA/TotalSupportAmt09040
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Revenues:, Amount:| PPP Forgiveness Loan Approved, $11083|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Part 1-Line 16- All other operational expenses not listed on Form 990EZ, $11184|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| #1-Part II,Line 24-Capitla Outlay Furniture $14,019., $14019, $14019|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, BOYAmount:, EOYAmount:| Part II-PPP Loan and Payroll Liabilities, $13200, $2084|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, line 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Monica Herrick
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director of Administrati
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRANSITIONS FOUNDATION-NC INC
ReturnHeader/Filer/BusinessNameControlTxt0TRAN
ReturnHeader/Filer/EIN0822538820
ReturnHeader/Filer/ForeignPhoneNum09102699294
ReturnHeader/Filer/InCareOfNm0% Monica Herrick
ReturnHeader/Filer/USAddress/AddressLine1Txt0201 N FRONT ST Suite M106
ReturnHeader/Filer/USAddress/CityNm0WILMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0284015087
ReturnHeader/ReturnTs02023-05-16T15:18:07-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,864
Liabilities
$2,084
Net assets
$15,780
Revenue
$121,340
Expenses
$109,461
Net income
$11,879
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.03$0.47$0.50$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.08$0.02$0.07$0.79$0.88$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.18$0.02$0.16$1.21$1.09$0.12
2021Summary only. Only limited summary data is available for this year.$0.17$0.13$1.02$1.02$0.00
2020Summary only. Only limited summary data is available for this year.$0.17$0.13$0.75$0.87$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.18$0.02$0.16$0.81$0.79$0.02
2018Summary only. Only limited summary data is available for this year.$0.15$0.01$0.07$0.06$0.00