Transform Foundation Inc

Nonprofit profile at a glance

EIN
814267628
IRS 990-EZ coverage
2016–2022
Forms available
Form 990-EZ 2022
Location
Newton, MA, USA
Phone
6173320496
Rating confidence
Limited

Official website

Reported finances

Revenue
$0
Expenses
$54
Assets
$858
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • VYVYANE HUI-SHIEN LOH (PRESIDENT, DIRECTOR)

People named in this filing

  • VYVYANE HUI-SHIEN LOH (PRESIDENT, DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Transform foundation, inc.. Is a non-profit corporation and shall be operated to raise funds for the purpose of providing clinical research, education and providing medical care to at risk populations, children and families for purposes of improving individual and community health, to make grants to charitable institutions and charitable organizations exempt from taxation under section 501(c)(3) of the irc of 1986, as amended, for the purposes of expending opportunities to worthy organizations. To offer program scholarships to individuals that qualify for financial aid. To operate exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code as amended. Subject to above, to engage in any other activities permitted a corporation organized under chapter180 of the Massachusetts general laws.

What it reported doing in 2022

Transform foundation, inc.. Is a non-profit corporation and shall be operated to raise funds for the purpose of providing clinical research, education and providing medical care to at risk populations, children and families for purposes of improving individual and community health, to make grants to charitable institutions and charitable organizations exempt from taxation under section 501(c)(3) of the irc of 1986, as amended, for the purposes of expending opportunities to worthy organizations

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 42
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 15.89; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -10.7% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: 25.9% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2016 to 2022
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.