philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Transformational Leadership Council

Not tax-deductible

Minnetonka, MN501(c)(4)Community DevelopmentEIN 20-8777053Revenue $490K in FY2024

On file with the IRStransformationalleadershipcouncil.com12800 Whitewater Dr Ste 100, 55343-9347 · Minnetonka, MNTax-exempt since Apr 2008

This page gets seen. Tell your story. Claim this org.

The Transformational Leadership Council was founded so leaders of personal and organizational transformation could support each other in their contributions to the world.

79¢ of each $1 spent went to programs.
Run by 10 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $5K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 4.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$128K
22% of total assets
Looks good: liabilities are 22% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$490K
-25% vs prior year
Spent
$465K
To programs
79%
Net assets
$453K
By yearFY2020–FY2024
Revenue
$490K
FY2024▼ -25%
Tap a bar for its year
Revenue by fiscal year
FY2020$269K
FY2021$127K
FY2022$142K
FY2023$658K
FY2024$490K
Expenses
$465K
FY2024▼ -31%
Tap a bar for its year
Expenses by fiscal year
FY2020$216K
FY2021$82K
FY2022$224K
FY2023$673K
FY2024$465K
Net assets
$453K
FY2024▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$471K
FY2021$536K
FY2022$401K
FY2023$412K
FY2024$453K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $369K Management & general 21% · $97K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
Jack Canfield
President
$0Pt VII · Sec A
Bobbie Deporter
Vice President
$0Pt VII · Sec A
Pete Bissonette
Secretary/Treasurer
$0Pt VII · Sec A
Ivan Misner
Director
$0Pt VII · Sec A
Lisa Garr
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Kian Gohr
Director
$0Pt VII · Sec A
See Transformational Leadership Council executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects leaders of personal and organizational transformation to support global contributions.

Questions for Transformational Leadership Council

Tap to ask. Transformational Leadership Council sees how many people are interested.

Your first name shows with your question. Transformational Leadership Council answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $369K · in their own filed words · FY2024
01

Meetings held two times a year provide opportunities to network, connect, and learn from other members to enhance effectiveness and contributions in the world. Membership dues and meeting registrations support their program.

$369Kprogram expense

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$490K
Ln 12
Fees for servicesLn 2g$468K
Investment incomeLn 3$19K
Other incomeLn 4–11$4K
Money outPt IX
$465K
Ln 25
Programscol B$369K
Managementcol C$97K
Owns and owesPt X
$453K
net assets · Ln 32
Cash and savingsLn 1–2$169K
Total assetsLn 16$581K
LiabilitiesLn 26$128K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$468K
Investment incomeLn 3$19K
Other incomeLn 4–11$4K
Total revenueLn 12$490K
Assets in detailPt X, end of year
CashLn 1$150K
SavingsLn 2$19K
Cash and savings togetherLn 1–2$169K
InvestmentsLn 11–13$336K
Total assetsLn 16$581K
LiabilitiesLn 26$128K
Net assetsLn 32$453K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$34K$169K
InvestmentsLn 11–13$305K$336K
Total assetsLn 16$477K$581K
LiabilitiesLn 26$66K$128K
Net assetsLn 32$412K$453K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$19K$19K
Investment management feesLn 11f$3K$3K
Other fees for servicesLn 11g$63K$10K$54K
Office expensesLn 13$163$163
Conferences, conventions and meetingsLn 19$359K$359K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$15K$15K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$465K$369K$97K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $490K$465K$25K$453K 990 PDF
FY2023 $658K$673K−$14K$412K 990 PDF
FY2022 $142K$224K−$82K$401K 990 PDF
FY2021 $127K$82K$45K$536K 990 PDF
FY2020 $269K$216K$53K$471K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $490,486 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $644,929$467,727
I-10 Investment incomePrior year $13,441$18,537
I-11 Other revenuePrior year $0$4,222
I-12 Total revenuePrior year $658,370$490,486
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $672,662$465,321
I-18 Total expensesPrior year $672,662$465,321
I-19 Revenue less expensesPrior year −$14,292$25,165
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $490,486 across 3 lines filed
Lines not itemized here account for $4,222 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $467,727$467,727
VIII-3 Investment incomeExcluded from tax $18,537$18,537
VIII-12 Total revenueRelated to mission $467,727 · Unrelated business $0 · Excluded from tax $22,759$490,486
Part IX · Statement of functional expenses $465,321 across 8 lines filed
IX-11c Accounting feesManagement $19,184$19,184
IX-11f Investment management feesManagement $3,165$3,165
IX-11g Other fees for servicesPrograms $9,644 · Management $53,827$63,471
IX-13 Office expensesManagement $163$163
IX-19 Conferences, conventions and meetingsPrograms $359,000$359,000
IX-23 InsuranceManagement $2,015$2,015
IX-24 Other expenses (24a–d)Management $15,414$15,414
IX-24e All other expensesManagement $2,909$2,909
IX-25 Total functional expensesPrograms $368,644 · Management $96,677 · Fundraising $0$465,321
Part X · Balance sheet $581,162 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $15,864$150,078
X-2 Savings and temporary cash investmentsStart of year $18,378$18,554
X-4 Accounts receivableStart of year $10,938$11,389
X-9 Prepaid expenses and deferred chargesStart of year $127,563$64,807
X-11 Publicly traded securitiesStart of year $304,534$336,334
X-16 Total assetsStart of year $477,277$581,162
X-17 Accounts payable and accrued expensesStart of year $30,071$79,572
X-19 Deferred revenueStart of year $35,500$48,115
X-26 Total liabilitiesStart of year $65,571$127,687
X-32 Total net assets or fund balancesStart of year $411,706$453,475
X-33 Total liabilities and net assetsStart of year $477,277$581,162
Part XI · Reconciliation of net assets $453,475 net assets at year end
XI-1 Total revenue$490,486
XI-2 Total expenses$465,321
XI-3 Revenue less expenses$25,165
XI-4 Net assets at start of year$411,706
XI-5 Net unrealized gains (losses) on investments$16,604
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$453,475

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.