Transcend International EIN 87-3960202 Form 990 (PDF) Claim this org

Transcend International

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Improves education access and financial inclusion with data-driven solutions for individuals and communities. For fiscal year 2024 it reported $600K in revenue, $2K in expenses, and $1.8M in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Salt Lake Cty, UT
Filings
3 on file (2022–2024)
Revenue
$600KFY2024
Expenses
$2K
Net assets
$1.8M
People
1
Filings
3
Updates
0
More identity details & actions ⌄
EIN  87-3960202 Public charity (501(c)(3)) Salt Lake Cty, UT
Form 990 (PDF)
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Size
$100K–1M
What they do
Improves education access and financial inclusion with data-driven solutions for individuals and communities.
Leadership
Steve Smith · Director
Money in and out
$600K revenue, $2K expenses
Bottom line
0% program efficiency
Where the money goes · FY2024
Total revenue
$600K
Pt VIII · Ln 12
Total expenses
$2K
Pt IX · Ln 25
Net assets
$1.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $598K
Where spending went · Part IX cols B–D
Management & general $1.00
Program efficiency
0%
of spending reaches programs▼ -100% vs prior filing year
Operating runway
11668.9mo
months of highly liquid reserves at operating expense rate▲ ×686 vs prior filing year
Surplus margin
+100%
revenue over expenses, this year▲ +378% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$600K
FY2024▼ -30%
Expenses
$2K
FY2024▼ -100%
Total assets
$1.9M
FY2024▲ +45%
Total liabilities
$139K
FY20240%
Total revenue
$600K
Pt VIII · Ln 12
Total expenses
$2K
Pt IX · Ln 25
Net assets
$1.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$598K
Total assetsPt X · Ln 16$1.9M
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 41

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTranscend International
EINHdr · item D87-3960202
Principal addressHdr · item CSalt Lake Cty, UT
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MUT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFFeb 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
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
Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

Fundraising to accomplish data-driven solutions for access to quality education and inclusion in the financial space for individuals, families and communities.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants100%$600K
Total revenueLn 12$600K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Management & general $1.00
Management & general100%$2K
Total functional expensesLn 25$2K

Balance Sheet

Part X · end of year
CashLn 1$1.6M
Total assetsLn 16$1.9M
Total liabilitiesLn 26$139K
Total net assetsLn 32$1.8M
Months of cash on handcomputed11668.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.6M · Operating expenses/yr $2K
11668.9 months
Where the money goes
Program services
Program services $0 · Total expenses $2K
0%
Management & General
Management & general $2K · Total expenses $2K
100%
Fundraising
Fundraising $0 · Total expenses $2K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $31K · Solicited contributions (3-yr avg) $825K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $600K · Total revenue $600K
100%
Government reliance
Government grants — · Total revenue $600K
Earned-income share
Program service revenue $0 · Total revenue $600K
0%
Investment reliance
Investment income $0 · Total revenue $600K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $2K
0%
Growth & trend
Revenue growth (YoY)
This year $600K · Prior year $853K
-30%
Net-asset trend (YoY)
End of year $1.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $600K · Expenses $2K
+100%
Liabilities-to-Assets
Total liabilities — · Total assets $1.9M
Net-asset ratio
Net assets $1.8M · Total assets $1.9M
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.9M
0%
People & payroll
Highest Reported Total Compensation
Individual Steve Smith · Reported title Director · Highest reported compensation $0 · Total expenses $2K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $2K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Overhead ratio 100%
Fundraising cost ratio 0%
Revenue growth -30%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 100%
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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$600K
Grants paid · 2 grants · $350K · 2023–2023
Beaver County School DistrictFY2023$250,000
Half the StoryFY2023$100,000

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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
FY2024 (Latest)$600K revenue · viewing · ⤓ 990 PDF
FY2023$853K revenue · ⤓ 990 PDF
FY2022$1.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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