Transformational Sports Inc
- Assets
- $57.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ypsilanti, MI
- Founding
- 06/2017
- Data as of
- 12/2023
- EIN
- 81-3801162
Organization Overview
Transformational Sports Inc is located in Ypsilanti, MI. The organization was established in 2017. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transformational Sports 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, Transformational Sports Inc generated $49.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $46.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TRANSFORMATIONAL SPORTS USES MIXED-GENDER SPORTS TO ADVANCE GENDER EQUITY. OUR CURRENT WORK FOCUSES ON UNDERPRIVILEGED TEENAGERS AND YOUND ADULTS IN THE U.S. AND INDIA. VIA SOFT SKILLS COACH TRAINING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Haynes President | 20 | $36,700 | |
Arun Chidambaram Treasurer | 1.5 | $0 | |
Lauren Abro Secretary | 1.5 | $0 | |
Mahesh Ramamurthy Director | 1.5 | $0 | |
Olivia Chen Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,012 |
| Total Program Service Revenue | $1,700 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,714 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,728 |
| Professional fees and other payments to independent contractors | $5,012 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,186 |
| Total expenses | $46,926 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,314 |
| Other assets | $0 |
| Total assets | $57,455 |
| Total liabilities | $8,432 |
| Net assets or fund balances | $49,023 |