Transforming Age
Nonprofit profile at a glance
- EIN
- 320672552
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2021
- Location
- Bellevue, WA, USA
- Phone
- 4255596301
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Management & Technical Assistance
Reported finances
- Revenue
- $27,043,185
- Expenses
- $21,848,855
- Assets
- $34,775,711
- Liabilities
- $7,581,893
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- TORSTEN HIRCHE (PRESIDENT & CEO)
Highest reported compensation
- TORSTEN HIRCHE (PRESIDENT & CEO): $1,214,260 total reported compensation
- MICHAEL CONNELL (TREASURER & CFO): $661,389 total reported compensation
- KENNETH NOREEN (VP OF CCRC'S): $497,267 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To develop and provide strategic direction to, manage the employees of, and otherwise engage in activities to support presbyterian retirement communities northwest ("prcn") and those organizations described in section 501(c)(3) that are related to prcn through common control.
What it reported doing in 2024
During the fiscal year ended september 30, 2025, transforming age provided support services to 501(c)(3) subsidiary organizations, including presbyterian retirement communities northwest (dba: parkshore), german retirement home of the state of Washington (dba: parkshore juanita bay), christian retirement homes (dba: eastmont), fred lind manor, full life care, downtown action to save housing (dba: dash), senior housing assistance group (dba: shag), norse home, elder care alliance, and six subsidiary organizations of elder care alliance.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 84% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 96
- Accountability: 89
- Sustainability: 61
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.9%; rating input score 81
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 88.9%; rating input score 89; 21st percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 19.2%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 1.59; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 56; 56th percentile among comparable filings
- Officer compensation ratio: 17.8%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: -91.6% per year; rating input score 0; 0th percentile among comparable filings
- Revenue growth: 62.7% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: Limited
Details
- Where the money goes: 80.9% of revenue deployed · 100% of spending went to programs
- Governance: 8 of 9 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $21.8M in reported program spending
- Leadership: top reported pay $1.2M · 18 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.7M reported
- Consistency: 35 of 35 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 14 filed money-flow records
- Related organizations: 22 filed related-organization links
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- Review — Sustainability: Liabilities to assets ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.