Transitional Keys Inc

Nonprofit profile at a glance

EIN: 841664372
IRS 990-EZ coverage: 2010–2015
Forms available: Form 990-EZ 2015
Location: Dobbs Ferry, NY, USA
Phone: 9145175353
Rating: 78
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Supportive Housing for Older Adults

Official website

Reported finances

Revenue: $695
Expenses: $1,820
Assets: $752
Liabilities: $17,300

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

ANDREA SHERMAN (President)

People named in this filing

ANDREA SHERMAN (President)
KEVIN GORMLEY (Treasurer)

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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Transitional keys offers tools to provide meaning and fullfillment at times of change and transition.

What it reported doing in 2015

Maintenance of Web Site including updates. Website enable those in need to access materials easily. www.transitionalkeys.org

Operating model

Revenue model: Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model: Direct operator. The filing allocates 100% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

Financial Efficiency: 85
Transparency & Controls: 82
Sustainability: 17
Growth: 40

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 58.5%; rating input score 59

Transparency & Controls

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

Sustainability

Operating margin: -161.9%; rating input score 5; 5th percentile among comparable filings
Total-asset coverage ratio: 0.41; rating input score 26; 26th percentile among comparable filings
Liabilities to assets ratio: 23.01; rating input score 1; 1st percentile among comparable filings
Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

Program expense growth: 4.4% per year; rating input score 100; 61st percentile among comparable filings
Revenue growth: -7% per year; rating input score 0; 35th percentile among comparable filings
Asset growth: -38.7% per year; rating input score 0; 7th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 58.5% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $1K in reported program spending
Leadership: top reported pay $0 · 2 people listed
Consistency: 7 of 7 current checks pass
Schedules: 2 filed schedules
Filing history: 6 filing years from 2010 to 2015
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.

Review — Financial Efficiency: Program expense ratio scored 59/100.
High — Sustainability: Operating margin scored 5/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 26/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Liabilities to assets ratio scored 1/100.
Review — Sustainability: Officer compensation ratio scored 57/100.