Transitions Life Center & Community Inc

Nonprofit profile at a glance

EIN
455387311
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-EZ 2013
Location
Ocala, FL, USA
Phone
3528778999
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Centers to Support the Independence of Specific Populations

Official website

Reported finances

Revenue
$2,371,642
Expenses
$766,722
Assets
$3,298,569
Liabilities
$1,413

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

Leadership & pay

13 people listed

Executive titles in this filing

  • JAMES DARREN RITCH (PRESIDENT)

People named in this filing

  • ERIC CUMMINGS (DIRECTOR)
  • WILLIAM HARRIS (DIRECTOR)
  • KEVIN HART (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide a safe, caring and enriching community for adults with intellectual and developmental disablities.

What it reported doing in 2024

Thrive program - transitions life center (tlc) is a vibrant and engaging communit creating meaningful opportunitiews for adults with intellectual and developmnetal disabliites (i/dd) in marion county, Florida. Through daily activities and specialized services, tlc's thrive (teamwok, honor, respoect, independence, values, education) program provides an environment that fosters educational, developmental, and social activites to build a sense of belonging andcommunity to the special needs population. Tlc srives to provide purpose and positivity in the lives of these very special adults, tlc members.

Operating model

Revenue model
Grant-funded. 64% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 97% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 94
  • Accountability: 76
  • Sustainability: 91
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 28.5%; rating input score 29
  • Program expense ratio: 87.8%; rating input score 88
  • Fundraising efficiency: $150.57 raised per $1 spent on fundraising; rating input score 90; 90th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • 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: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 67.7%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 4.3; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 93; 93rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 19.7% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 17.2% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 19.7% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 28.5% of revenue deployed · 87.8% of spending went to programs
  • Governance: 14 of 14 board members independent · 3 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $673K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 29/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.