Transitions Foundation

Nonprofit profile at a glance

EIN: 364490795
IRS 990 coverage: 2011–2024
Forms available: Form 990 2024
Location: Quincy, IL, USA
Phone: 2172220413
Rating: 52
Verdict: MIXED
Rating confidence: Moderate
Sector: Private Grantmaking Foundations

Reported finances

Revenue: $1,658,865
Expenses: $128,535
Assets: $9,188,942
Liabilities: $97

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

MARK SCHMITZ (PRESIDENT)

Highest reported compensation

MARK SCHMITZ (PRESIDENT): $237,966 total reported compensation
ANGIE DEAN (TREASURER): $181,083 total reported compensation
LINDSEY MUNDLE (SECRETARY): $68,041 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Transitions foundation supports the mental health and rehabilitation programs and services provided by transitions of western Illinois, a not- for-profit corporation located in quincy, il. The foundation also supports the adams county mental health and retardation association doing business as the transitions association, a not-for-profit corporation that owns the real estate and property that is utilized in the delivery of transitions' services. Transitions' mission is to provide human services that inspire growth and improve the quality of life for the community by empowering people of all abilities to lead full and meaningful lives. Services are available to residents of adams county in Illinois, with some services available to residents of other surrounding Illinois counties. Transitions was founded in 1955 as the adams county mental health center and for many years was known as the community counseling center. In 1995 the agency changed its name to transitions of western Illinois.

What it reported doing in 2024

Grants provided to transitions of western Illinois (a supported organization)

Operating model

Revenue model: Donor-supported. 86% of the money available for current operations came from contributions and gifts.
Distribution model: Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 14
Transparency & Controls: 71
Accountability: 91
Sustainability: 86
Growth: 60

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 1.7%; rating input score 2
Program expense ratio: 8.8%; rating input score 9
Fundraising efficiency: $109.13 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings

Transparency & Controls

Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
Foreign activity oversight: Limited
Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Accountability

Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- 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: 92.3%; rating input score 99; 99th percentile among comparable filings
Total-asset coverage ratio: 71.49; rating input score 99; 99th percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 83; 83rd percentile among comparable filings
Officer compensation ratio: 73.2%; rating input score 1; 1st percentile among comparable filings

Growth

Program expense growth: -1.4% per year; rating input score 0; 14th percentile among comparable filings
Revenue growth: 6% per year; rating input score 100; 49th percentile among comparable filings
Asset growth: 4.7% per year; rating input score 100; 37th percentile among comparable filings

Details

Where the money goes: 1.7% of revenue deployed · 8.8% of spending went to programs
Governance: 11 of 11 board members independent · 7 of 9 filing controls reported
Programs: 1 filed program accomplishment · $11K in reported program spending
Leadership: top reported pay $238K · 14 people listed · 0 of 6 pay-setting controls reported
Consistency: 18 of 18 current checks pass
Schedules: 7 filed schedules · includes major donors, grants, and executive pay
Filing history: 14 filing years from 2011 to 2024
Contacts: How to reach this organization
Money network: 1 filed money-flow record
Related organizations: 3 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.

High — Financial Efficiency: Mission deployment rate scored 2/100.
High — Financial Efficiency: Program expense ratio scored 9/100.
High — Transparency & Controls: Pay-setting controls scored 0/100.
High — Growth: Program expense growth scored 0/100.
Review — Accountability: Governance controls: 2 of 9 not reported.
High — Sustainability: Officer compensation ratio scored 1/100.