The Transition Network Inc
- Assets
- $791.6k
- Revenue
- $585.0k
- Investments
- $0.0
- Employees
- 3
- Location
- New York, NY
- Founding
- 07/2001
- Data as of
- 12/2023
- EIN
- 13-4116831
Organization Overview
The Transition Network Inc is located in New York, NY. The organization was established in 2001. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 12/2023, Transition Network Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transition Network Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Transition Network Inc generated $585.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $440.6k during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRANSITION NETWORK (TTN) IS AN ORGANIZATION OF WOMEN OVER 50 WHO ARE EXPLORING "WHAT'S NEXT" IN THEIR PROFESSIONAL AND PERSONAL LIVES. AT THE END OF 2023, TTN HAD 15 FULLY OPERATING CHAPTERS SERVING JUST UNDER 3,000 MEMBERS. OUR EXTENDED COMMUNITY OF ACTIVE CONTACTS (THOSE RECEIVING OUR COMMUNICATIONS OR ACTIVE IN THE ORGANIZATION AS NON-MEMBERS) EXCEEDED 15,000. TTN IS PART OF THE LARGER "POSITIVE AGING INDUSTRY" COMPRISED OF ORGANIZATIONS FOCUSED ON BABY BOOMERS AS THEY ENTER THE POST-CAREER PHASE OF THEIR LIVES. TTN HAS THREE SETS OF OFFERINGS THAT SUPPORT MEMBERS THROUGH THEIR TRANSITIONS: (1) SMALL GROUPS: TRANSITION PEER GROUPS AND SPECIAL INTEREST GROUPS, (2) WORKSHOPS AND (3) EVENTS.TTN MEMBERS CONTRIBUTE TO THEIR COMMUNITIES IN MANY WAYS. THEY COORDINATE FUNDRASING ACTIVITIES TO SUPPORT ORGANIZATIONS SUCH AS PEOPLE'S EMERGENCY CENTER, ISLAND HARVEST, CAREER WARDROBE, HABITAT FOR HUMANITY, ATLANTA HOSPITAL HOSPITALITY HOUSE, MANNA AND PHILABUNDANCE. THEY VOLUNTEER TIME TO READ TO AND TUTOR CHILDREN. AT THE FORTUNE SOCIETY, THEY ASSIST MEN AND WOMEN COMING HOME FROM PRISON AND REENTERING SOCIETY. TTN'S CARING COLLABORATIVE IS ACTIVE IN THREE CHAPTERS. IT CONNECTS MEMBERS WHO NEED GUIDANCE AND SUPPORT AS THEY FACE A MEDICAL CHALLENGE, PROVIDES A WAY TO LEARN MORE ABOUT MEMBER EXPERIENCES AND OFFERS PRACTICAL PEER SUPPORT FOR TEMPORARY HEALTH CHALLENGES. MEMBERS ACCOMPANY EACH OTHER TO DOCTOR'S APPOINTMENTS, SHARE REFERRAL INFORMATION, AND PROVIDE GROCERIES OR PICK UP MEDICATIONS DURING TIMES OF NEED. TTN CONTINUES TO DEVELOP ITS "SIGNATURE WORKSHOPS." THESE WORKSHOPS ARE DESIGNED SPECIFICALLY TO SUPPORT WOMEN IN TRANSITION. TTN CURRENTLY HAS TWO SIGNATURE PROGRAMS: (1) OUR "WOMEN IN TRANSITION" WORKSHOP PROVIDES INFORMATION ABOUT THE NATURE OF TRANSITIONS AND SUPPORTS PARTICIPANTS IN CREATING A PLAN FOR THEIR FUTURES, AND (2) OUR "ON RESILIENCE" WORKSHOP COVERS THE FUNDAMENTALS OF STRENGTHENING RESILIENCE, FOLLOWED BY CONVERSATIONS THAT GO MORE DEEPLY INTO DEVELOPING THESE ESSENTIAL CHARACTERISTICS. THE TRANSITION NETWORK IS AN ACTIVE PARTICIPANT IN THE INDUSTRY OF POSITIVE AGING. IT ENGAGES WITH OTHER ORGANIZATIONS FOCUSED ON THIS DEMOGRAPHIC GROUP TO PROVIDE EDUCATION AND COMMUNITY. TTN'S EXECUTIVE DIRECTOR AND BOARD MEMBERS ARE REGULARLY INTERVIEWED AND INVITED TO BE GUEST SPEAKERS ON THE TOPICS OF LIFE TRANSITIONS, AGEISM AND OTHER ISSUES SPECIFICALLY RELEVANT TO WOMEN. FOR MORE INFORMATION ABOUT OUR ACTIVITIES, PLEASE VISIT OUR WEBSITE AT WWW.TTNWOMEN.ORG.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Roggeman President | OfficerTrustee | 5 | $0 |
Sheri Stickley Vice President | OfficerTrustee | 3 | $0 |
Fatima Class Treasurer | OfficerTrustee | 20 | $0 |
Marsha Yankelev Secretary | OfficerTrustee | 20 | $0 |
Barbara Alpern Director | Trustee | 2 | $0 |
Pat Bertell Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $415,692 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,225 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $440,917 |
| Total Program Service Revenue | $143,878 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $584,955 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $100,000 |
| Compensation of current officers, directors, key employees. | $20,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,582 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,904 |
| Payroll taxes | $14,662 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $51,702 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,751 |
| Advertising and promotion | $8,313 |
| Office expenses | $4,238 |
| Information technology | $12,764 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $101,600 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,060 |
| Insurance | $2,444 |
| All other expenses | $687 |
| Total functional expenses | $440,583 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $774,176 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,545 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,745 |
| Net Land, buildings, and equipment | $12,117 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $791,583 |
| Accounts payable and accrued expenses | $8,123 |
| Grants payable | $0 |
| Deferred revenue | $17,804 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $25,927 |
| Net assets without donor restrictions | $692,020 |
| Net assets with donor restrictions | $73,636 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $791,583 |