Transcanwork INC EIN 83-2251160

Transcanwork INC

EIN  83-2251160 Public charity (501(c)(3)) W Hollywood, CA
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Size
$1–10M
What they do
Empowering transgender people to thrive in workplaces nationwide.
Leadership
Mario Balcita · Trustee
Money in and out
$1.1M revenue, $1.1M expenses
Bottom line
65% program efficiency

Empowering transgender people to thrive in workplaces nationwide. For fiscal year 2025 it reported $1.1M in revenue, $1.1M in expenses, and $232K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$232K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$27K
Where spending went · Part IX cols B–D
Program services $0.65 Management & general $0.10 Fundraising $0.25
Program efficiency
65%
of spending reaches programs▲ +29% vs prior filing year
Operating runway
2.7mo
months of highly liquid reserves at operating expense rate▲ +8% vs prior filing year
Surplus margin
-3%
revenue over expenses, this year▼ -122% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.1M
FY2025▲ +13%
Expenses
$1.1M
FY2025▲ +32%
Total assets
$264K
FY2025▲ +37%
Total liabilities
$32K
FY2025▲ +27%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$232K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$27K
Total assetsPt X · Ln 16$264K
Program-expense ratioPt IX · col B65%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $704K of program spending, described in the organization's own filed words · FY2025.
01

Provide one-on-one support for transgender jobseekers, conducting job readiness assessments, resume and cover letter review, and referrals to other services and educational programs as needed.

$618Kprogram expense
02

Based in San Francisco with global mindset, Parivar Bay Area is rooted in Indian heritage, Trans leadership, and immigrant justice, we advance social, economic, and legal equity through advocacy, arts, direct support, and leadership development.

$85Kprogram expense
03

Provide certification to employers and companies who undergo diversity, equity, and inclusion training to create inclusive and welcoming workplaces.

$2Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTranscanwork INC
EINHdr · item D83-2251160
Principal addressHdr · item CW Hollywood, CA
WebsiteHdr · item Jtranscanwork.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J20)
Ruling yearIRS BMFAug 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
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
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Lexi Adsit’s $32K as Executive Dir. is at the 3rd percentile of top reported officer pay among 1237 $1–10M employment 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Lexi Adsit$31,856$124,231
Lexi Adsit$105,000$28,461
Allison Vankuiken$60,891
Michaela Mendelsohn$21,000

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 & grants100%$1.1M
Program service revenue$2K
Other revenue$35
— government grantsLn 1e$298K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.65 Management & general $0.10 Fundraising $0.25
Program services65%$704K
Management & general10%$108K
Fundraising25%$271K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$241K
Total assetsLn 16$264K
Total liabilitiesLn 26$32K
Total net assetsLn 32$232K
Months of cash on handcomputed2.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $241K · Operating expenses/yr $1.1M
2.7 months
Where the money goes
Program services
Program services $704K · Total expenses $1.1M
65%
Management & General
Management & general $108K · Total expenses $1.1M
10%
Fundraising
Fundraising $271K · Total expenses $1.1M
25%
Cost to raise $1
Fundraising expense (3-yr avg) $156K · Solicited contributions (3-yr avg) $722K
$0.22 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.1M
100%
Government reliance
Government grants $298K · Total revenue $1.1M
28%
Earned-income share
Program service revenue $2K · Total revenue $1.1M
0%
Investment reliance
Investment income $0 · Total revenue $1.1M
0%
Program self-sufficiency
Program service revenue $2K · Total expenses $1.1M
0%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $935K
+13%
Revenue CAGR
FY2020 $392K · FY2025 $1.1M
+22%
Net-asset trend (YoY)
End of year $232K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $1.1M
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $264K
Net-asset ratio
Net assets $232K · Total assets $264K
88%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $264K
0%
People & payroll
Highest Reported Total Compensation
Individual Mario Balcita · Reported title Trustee · Highest reported compensation $0 · Total expenses $1.1M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $347K · Total expenses $1.1M
32%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 65%
Overhead ratio 10%
Fundraising cost ratio 26%
Revenue growth 13%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 6%
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 2 funders$107K

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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)$1.1M revenue · viewing · ⤓ 990 PDF
FY2024$935K revenue · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$767K revenue · ⤓ 990 PDF
FY2021$666K revenue · ⤓ 990 PDF
FY2020$392K 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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