Transition Professionals EIN 46-4790412

Transition Professionals

EIN  46-4790412 Public charity (501(c)(3)) Hackensack, NJ Founded 2014
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
a legal and crime-related nonprofit
Leadership
Elvia Asencio · $69K
Money in and out
$587K revenue, $584K expenses
Bottom line
6% program efficiency

Transition Professionals is a legal and crime-related nonprofit based in Hackensack, NJ, formed in 2014. For fiscal year 2025 it reported $587K in revenue, $584K in expenses, and $302K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$587K
Pt VIII · Ln 12
Total expenses
$584K
Pt IX · Ln 25
Net assets
$302K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2K
Where spending went · Part IX cols B–D
Program services $0.06 Management & general $0.94
Program efficiency
6%
of spending reaches programs▲ +44% vs prior filing year
Operating runway
6.2mo
months of highly liquid reserves at operating expense rate▲ +5% vs prior filing year
Surplus margin
0%
revenue over expenses, this year▼ -99% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$587K
FY2025▼ -29%
Expenses
$584K
FY2025▼ -2%
Total assets
$302K
FY2025▲ +4%
Total liabilities
$0
FY2025
Total revenue
$587K
Pt VIII · Ln 12
Total expenses
$584K
Pt IX · Ln 25
Net assets
$302K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2K
Total assetsPt X · Ln 16$302K
Program-expense ratioPt IX · col B6%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $32K of program spending, described in the organization's own filed words · FY2025.
01

Training costs

$17Kprogram expense
02

Supportive services

$14Kprogram expense
03

Bus tickets

$910program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTransition Professionals
EINHdr · item D46-4790412
Principal addressHdr · item CHackensack, NJ
Year of formationHdr · item L2014
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCrime & Legal (I40)
Ruling yearIRS BMFSep 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$68,885Pt VII · Sec A
$57,885Pt VII · Sec A
$56,538Pt VII · Sec A
$50,760Pt VII · Sec A
$48,077Pt VII · Sec A
$11,308Pt VII · Sec A

Elvia Asencio’s $69K is at the 45th percentile of top reported officer pay among 1398 $100K–1M crime & legal nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Elvia Asencio$68,885$61,154$53,338$39,420
Tiffany Laterra$57,885$53,269
Letia Dash$56,538$39,604
Emily Shinn$50,760$43,308$28,774
Bonnie O'Brien$11,308$44,831$26,577$30,000$48,885$18,461
Tiana Hooks$48,077
Hannah Barletta$43,885
Ashley Lopez$23,105$40,231$13,231

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$569K · 97%
Other revenue$18K · 3%
Contributions & grants97%$569K
Other revenue3%$18K
Total revenueLn 12$587K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.06 Management & general $0.94
Program services6%$32K
Management & general94%$552K
Total functional expensesLn 25$584K

Balance Sheet

Part X · end of year
CashLn 1$302K
Total assetsLn 16$302K
Total liabilitiesLn 26$0
Total net assetsLn 32$302K
Months of cash on handcomputed6.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $302K · Operating expenses/yr $584K
6.2 months
Where the money goes
Program services
Program services $32K · Total expenses $584K
6%
Management & General
Management & general $552K · Total expenses $584K
94%
Fundraising
Fundraising $0 · Total expenses $584K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $467K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $569K · Total revenue $587K
97%
Government reliance
Government grants — · Total revenue $587K
Earned-income share
Program service revenue $0 · Total revenue $587K
0%
Investment reliance
Investment income $0 · Total revenue $587K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $584K
0%
Growth & trend
Revenue growth (YoY)
This year $587K · Prior year $826K
-29%
Revenue CAGR
FY2020 $252K · FY2025 $587K
+18%
Net-asset trend (YoY)
End of year $302K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $587K · Expenses $584K
0%
Liabilities-to-Assets
Total liabilities — · Total assets $302K
Net-asset ratio
Net assets $302K · Total assets $302K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $302K
0%
People & payroll
Highest Reported Total Compensation
Individual Elvia Asencio · Reported title — · Highest reported compensation $69K · Total expenses $584K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $445K · Total expenses $584K
76%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 6%
Overhead ratio 94%
Revenue growth -29%

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 · FY2023
Total grants receivedfrom 2 funders$123

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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)$587K revenue · viewing · ⤓ 990 PDF
FY2024$826K revenue · ⤓ 990 PDF
FY2023$443K revenue · ⤓ 990 PDF
FY2022$205K revenue · ⤓ 990 PDF
FY2021$151K revenue · ⤓ 990 PDF
FY2020$252K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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