Passes our checks

Transitional Living Services

EIN 36-4104887 · Mchenry, IL

Public records show a registered, tax-exempt organization in good standing.

What it says it does

TLS Veterans mission is to provide veterans in need and their families the services necessary to experience hope and achieve success.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Fair: 53 out of 100. Higher than 42% of charities in its peer group (housing, $1m to $10m).

Reserves
10 of 35
Spendable reserves would cover 1.0 months of spending.
Debt
5 of 20
It owes 51% of what it owns.
Living within its means
8 of 15
Spending exceeded income by 2% of income.
Income trend
15 of 15
Income rose 47% on the year before.
Spending floor
15 of 15
89% of spending went to programs and raising each dollar of donations cost 7 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Strong: 100 out of 100. Higher than 70% of charities in its peer group (housing, $1m to $10m).

Independent board
25 of 25
15 of 15 voting board members are independent.
Conflict of interest policy
15 of 15
Has a written conflict of interest policy.
Whistleblower policy
8 of 8
Has a written whistleblower policy.
Record keeping policy
7 of 7
Has a written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15
Its accounts were audited by an independent accountant.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (6)

$848,835 spent. New Horizons - Transitional Living Services, Inc. operates New Horizons, a 20-bed transitional-housing program in Hebron, IL for homeless veterans. Veterans reside in the program and receive needed services to get their lives back on track. The program offers aftercare and an onsite food pantry to help with full reintegration.
$1.9 million spent. SSVF - The supportive services to veterans families program is staffed by case managers who help veterans avoid and/or overcome homelessness. Case management and financial assistance are provided to help maintain or return to housing.
$311,224 spent. HVRP - The homeless veterans reintegration program is staffed by employment specialists stationed at the VA hospitals as well as in McHenry and Hebron, IL. The specialists guide veterans into meaningful employment.
Program Service Expenses 2,618,293, Grants and allocations 0, Revenue 0 The supportive services to veterans families program is staffed by case managers who help veterans avoid and/or overcome homelessness. Case management and financial assistance are provided to help maintain or return to housing.
Program Service Expenses 51,005, Grants and allocations 0, Revenue 0 SSG Fox- Suicide prevention for at-risk veterans
Program Service Expenses 28,685, Grants and allocations 0, Revenue 0 Drop in resource Center LC- Peer support and suicide prevention services for Veterans and their families.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1997.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.