Nonprofit · EIN 87-3800736
TRANSFORMING POWER FUND
Tax-exempt · DETROIT, MI 48202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $93,303 | $1,851,402 | -$1,758,099 | $2,511,123 | $0 | $2,511,123 |
| December 31, 2023 | 990 (amended) | $4,649,653 | $695,475 | $3,954,178 | $4,269,222 | $0 | $4,269,222 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $92,138
- Program service revenue
- $0
- Investment income
- $1,165
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,370,000
- Compensation of officers, directors and key employees
- $56,538
- Other salaries and wages
- $140,270
- Salaries, compensation and benefits (total)
- $256,403
- Professional fundraising fees
- $0
- Legal fees
- $171,194
- Travel
- $289
- Program services (functional)
- $1,680,593
- Management and general (functional)
- $169,559
- Fundraising (functional)
- $1,250
Balance sheet and other
- Total assets, start of year
- $4,269,222
- Total assets, end of year
- $2,511,123
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,511,123
- Net assets without donor restrictions
- $883,869
- Net assets with donor restrictions
- $1,627,254
- Gross receipts
- $93,303
- Employees
- 4
- Year formed
- 2019
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BISHOP MARCIA DINKINS | EXECUTIVE DIRECTOR Officer | 40 | $56,538 |
| REV JOAN ROSS | TREASURER Trustee or director | 1 | $0 |
| LINDA CAMPBELL | MEMBER Trustee or director | 1 | $0 |
| MONICA LEWIS-FITZPATRICK | MEMBER Trustee or director | 1 | $0 |
| SARIDA SCOTT | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REV JOAN ROSS | TREASURER Trustee or director, Officer | 1 | $0 |
| LINDA CAMPBELL | MEMBER Trustee or director | 1 | $0 |
| MONICA LEWIS-FITZPATRICK | MEMBER Trustee or director | 1 | $0 |
| SARIDA SCOTT | MEMBER Trustee or director | 1 | $0 |
| BISHOP MARCIA DINKINS | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 7700 2ND AVE STE 500, DETROIT, MI 48202-2477
- In care of
- % JOAN ROSS
- Mailing address (990-N for 2021)
- 4882 SILVER OAK ST, DAYTON OH 45424
- Principal officer (990 for 2024)
- REV JOAN ROSS, 7700 2ND AVE, DETROIT, MI 48202
- Principal officer (990-N for 2021)
- MARCIA DINKINS, 4882 SILVER OAK ST, DAYTON OH 45424
- Signed the 990
- REV JOAN ROSS, TREASURER
- Phone
- (330) 307-9784
- Return prepared by
- GREGORY TERRELL & COMPANY
Mission
THE TRANSFORMING POWER FUND PROVIDES FUNDING, TRAINING AND OTHER RESOURCES FOR LOCAL PROJECTS THAT ADDRESS THE ROOT CAUSES OF SYSTEMATIC PROBLEMS AND ADVANCE HOLISTIC SOLUTIONS IN DETROIT, HIGHLAND PARK AND HAMTRAMCK. THE FUND PRIORITIZES COMMUNITY GOVERNANCE, DONOR ORGANIZING AND SHARING VALUES IN ORDER TO MODEL A MORE EQUITABLE APPROACH.
Program accomplishments
- TRANSFORMING POWER FUND TPF CONTINUED TO CARRY OUT ITS MISSION OF PROVIDING FUNDING, TRAINING, AND OTHER RESOURCES FOR LOCAL PROJECTS THAT ADDRESS THE ROOT CAUSES OF SYSTEMIC PROBLEMS AND ADVANCE HOLISTIC SOLUTIONS IN DETROIT, HIGHLAND PARK AND HAMTRAMCK, TPF PRIORITIZES COMMUNITY GOVERNANCE, DONOR ORGANIZING, AND SHARED VALUES IN ORDER TO MODEL A MORE EQUITABLE APPROACH TO PHILANTHROPY. ADDITIONALLY, TPFS BOARD AND STAFF CONCENTRATED ON BUILDING A SOLID ORGANIZATIONAL INFRASTRUCTURE RESULTING IN REVAMPED POLICIES AND PROCEDURES, TRANSITIONING TO A HYBRID WORK MODEL AND SINGLE EXECUTIVE DIRECTOR MODEL AND RESTRUCTURED COMMUNITY TABLE.Expenses $1,680,593
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-3800736
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $2,511,123
- Income (IRS master file)
- $93,303
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $93,303 | $1,851,402 | $2,511,123 | XML |
| 990 | December 2023 | $4,649,653 | $695,475 | $4,269,222 | XML |
| 990 | December 2022 | $315,044 | $0 | $315,044 | IRS |
| 990-N for 2021 Officer: MARCIA DINKINS | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-3800736).
Questions about TRANSFORMING POWER FUND
- What is the EIN of TRANSFORMING POWER FUND?
- The employer identification number (EIN) of TRANSFORMING POWER FUND is 87-3800736.
- Is TRANSFORMING POWER FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to TRANSFORMING POWER FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRANSFORMING POWER FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TRANSFORMING POWER FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TRANSFORMING POWER FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of TRANSFORMING POWER FUND?
- The 990 for the year ended December 31, 2024 names REV JOAN ROSS.
- Who are the officers and directors of TRANSFORMING POWER FUND?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $56,538 (BISHOP MARCIA DINKINS, EXECUTIVE DIRECTOR).
- How much revenue does TRANSFORMING POWER FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $93,303, expenses of $1,851,402 and total assets of $2,511,123 at year end.
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