Civic Intelligence

Transforma Education Solutions

990 • Fiscal year 2023 • EIN 83-0762980

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

1809 Winewood LnArlington, TX 76013-3309

(214) 489-8350

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

78th percentile

25%

Higher net margin than 78% of similar nonprofits.

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

Top Officer Pay

90th percentile

$38,644

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$76,095

No earlier filing loaded for comparison.

Net Assets

$76,095

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$303,832

No earlier filing loaded for comparison.

Expenses

$227,737

No earlier filing loaded for comparison.

Net Income

$76,095

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50K-$100KAssets 2023: $76,095Liabilities 2023: $0Net Assets 2023: $76,0952023Assets 2024: -$61,052Liabilities 2024: $0Net Assets 2024: -$61,0522024

Highlighted filing

2023

Assets$76,095
Liabilities$0
Net Assets$76,095

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2023: $303,832Expenses 2023: $227,737Net Income 2023: $76,0952023Revenue 2024: $184,977Expenses 2024: $246,029Net Income 2024: -$61,0522024

Highlighted filing

2023

Revenue$303,832
Expenses$227,737
Net Income$76,095
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 1, 2024
Return Version
2023v5.0
Gross Receipts
$303,832
Mission and Program Overview

Mission

EDUCATIONAL INSTITUTION

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$76,095-
Rtn Earn Endowment Incm Other Fnds-$76,095-
Total Assets$0$76,095▲ $76,095
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$76,095▲ $76,095
Total Liabilities and Net Assets / Fund Balance$0$76,095▲ $76,095
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Miguel FaundezPresidentFT$38,644$38,644
Revenue and Support

Revenue Composition

Contributions and Grants
$303,832
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$303,832
Change in Net Assets
$76,095
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$186,095
Salaries, Compensation, and Employee Benefits$41,642
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$179,171--$179,171
Other Salaries and Wages$38,644--$38,644
Advertising$4,974--$4,974
Payroll Taxes$2,998--$2,998
Fees for Services Accounting$1,950--$1,950
Total Functional Expenses$227,737$0$0$227,737
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Treasurer is authorized to complete all required tax forms without review by other officers

Governing documents etc available to public Part VI line 19

Treasurer is authorized to complete all required tax forms without review by other officers

Filing and Contact Details

Filer

Filer Name
Transforma Education Solutions
EIN
83-0762980
Address
1809 WINEWOOD LN, Arlington, TX 76013-3309

Signing Officer

Name
Miguel Faundez
Title
President
Phone
2144898350
Signed
2024-05-01
Discuss with paid preparer
No

Organization Details

Formed
2018
Legal Domicile
TX
Voting Board Members
1
Independent Board Members
1
Employees
1

Preparer

Firm
V&A Taxperts LLC
Address
2020 Mansfield Webb Rd, Arlington, TX 76002
Preparer
Leandro Almendras Rojas
Phone
8179955761
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Business program expenses $ 149,140Facilities and Equipments $ 743Operation expenses $7,676Professional and contractor services $ 18,772Business meetings $277Othe minor expenses $ 2,563

Raw XML Appendix244 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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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
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