Transformers Foundation INC
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Advocates for positive change and sustainability within the global denim industry. For fiscal year 2024 it reported $247K in revenue, $274K in expenses, and $11K in net assets.Pt I
Summary of the Filing
Where the work happens
Education
Transformers foundation works with educational institutions and industry to bring together a conference series, where we teach students the denim supply chain, focusing on each area from fiber through to finish garment processing.
Research & Writing
The transformers foundation selects one subject for a deep dive research paper on one subject. 2020 research paper was focused on the ethical purchasing practices in the denim supply chain through COVID-19. This paper also highlighted the power unbalance between BRANDS/BUYERS and their suppliers.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Kim Van Der Weerd’s $51K as Director is at the 32nd percentile of top reported officer pay among 1981 $100K–1M environment 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 · 3 named individuals · Part VII
| Name | FY2024 | FY2023 |
|---|---|---|
| Kim Van Der Weerd | $51,388 | $42,261 |
| Emily Olah | $20,000 | $44,000 |
| Miguel Sanchez | — | $32,564 |
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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 77% | — | — |
| Overhead ratio | 14% | — | — |
| Fundraising cost ratio | 11% | — | — |
| Revenue growth | -24% | — | — |
| Legal fee ratio | 3% | — | — |
| Accounting fee ratio | 7% | — | — |
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.
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