Transact Hope EIN 45-4937277 Form 990 (PDF) Claim this org

Transact Hope FY2020 filing

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Offers transitional housing and support services to help people overcome life obstacles through faith and community. For fiscal year 2020 it reported $195K in revenue, $112K in expenses, and $286K in net assets.Pt I

Founded
2012
Type
Public charity (501(c)(3)) · Housing
Location
Stevens Point, WI
Website
www.transacthope.org
Filings
6 on file (2020–2020)
Revenue
$195KFY2020
Expenses
$112K
Net assets
$286K
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  45-4937277 Public charity (501(c)(3)) Stevens Point, WI Founded 2012
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers transitional housing and support services to help people overcome life obstacles through faith and community.
Leadership
Craig Shuler · Chair
Money in and out
$195K revenue, $112K expenses
Bottom line
90% program efficiency
Where the money goes · FY2020
Total revenue
$195K
Pt VIII · Ln 12
Total expenses
$112K
Pt IX · Ln 25
Net assets
$286K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $83K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.10
Program efficiency
90%
of spending reaches programs
Operating runway
4.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+42%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$195K
FY2020
Expenses
$112K
FY2020
Total assets
$757K
FY2020
Total liabilities
$471K
FY2020
Total revenue
$195K
Pt VIII · Ln 12
Total expenses
$112K
Pt IX · Ln 25
Net assets
$286K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$83K
Total assetsPt X · Ln 16$757K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

2 program services account for $101K of program spending, described in the organization's own filed words · FY2020.
01

Providing subsidized transitional housing and program services to participants to help them become financially stable and move to more traditional housing. Providing below market lot rents to elderly and low-income residents.

$79Kprogram expense
02

Providing program services to participants and residents including mentoring, financial management education, parenting education, nutrition education, and job hunting and job skills training.

$22Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTransact Hope
EINHdr · item D45-4937277
Principal addressHdr · item CStevens Point, WI
WebsiteHdr · item Jwww.transacthope.org
Year of formationHdr · item L2012
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L21)
Ruling yearIRS BMFOct 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Transact Hope executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$114K · 59%
Program service revenue$81K · 41%
Contributions & grants59%$114K
Program service revenue41%$81K
Total revenueLn 12$195K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10
Program services90%$101K
Management & general10%$11K
Total functional expensesLn 25$112K

Balance Sheet

Part X · end of year
CashLn 1$41K
Total assetsLn 16$757K
Total liabilitiesLn 26$471K
Total net assetsLn 32$286K
Months of cash on handcomputed4.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $41K · Operating expenses/yr $112K
4.4 months
Where the money goes
Program services
Program services $101K · Total expenses $112K
90%
Management & General
Management & general $11K · Total expenses $112K
10%
Fundraising
Fundraising $0 · Total expenses $112K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $114K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $114K · Total revenue $195K
59%
Government reliance
Government grants $0 · Total revenue $195K
0%
Earned-income share
Program service revenue $81K · Total revenue $195K
41%
Investment reliance
Investment income $0 · Total revenue $195K
0%
Program self-sufficiency
Program service revenue $81K · Total expenses $112K
72%
Growth & trend
Revenue growth (YoY)
This year $195K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $286K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $195K · Expenses $112K
+42%
Liabilities-to-Assets
Total liabilities — · Total assets $757K
Net-asset ratio
Net assets $286K · Total assets $757K
38%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $757K
0%
People & payroll
Highest Reported Total Compensation
Individual Craig Shuler · Reported title CHAIR · Highest reported compensation $0 · Total expenses $112K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $49K · Total expenses $112K
44%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 10%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0.07%
Accounting fee ratio 0.3%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$213K revenue · ⤓ 990 PDF
FY2024$254K revenue · ⤓ 990 PDF
FY2023$191K revenue · ⤓ 990 PDF
FY2022$191K revenue · ⤓ 990 PDF
FY2021$237K revenue · ⤓ 990 PDF
FY2020$195K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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