Turning Liabilities Into Assets 1
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Turning Liabilities Into Assets 1 provides Case Management; Life Skill classes; Parent Empowerment classes; Career Readiness classes; Financial Literacy classes; Goal Setting and Conflict Resolution; and Trauma Therapy and connections to community organizations and services for women with and without children who are transitioning from Domestic Violence Shelters to help them reach their desired goal of independent living.
- Income
- $51,500
- Spending
- $47,900
- Reserves
- 0.9 months of spending
- Largest source of income
- donations and private grants, 100%
- Highest pay
- $27,000, founder and ceo
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $3,000 spent. Parent Empowerment Program provide guidance, support and resources to parents to help them navigate the challenges and complexities of parenting. Coaches collaborate with parents to develop effective parenting strategies, improve communication with their children, and address specific concerns or issues they may be facing in their role as caregiver. The Parent Empowerment program not only worked with domestic violence survivor parents but also with parents who violated the City Ordinance relating to school attendance. In 2025, 30 parents were ordered to participate in the Parent Empowerment Program. Each parent's truancy case was dismissed due to full compliance with school attendance of 80% and above. Each revealed to the court that the Parent Empowerment classes helped them to regain control of their household which contributed to children attendance to increase.
- $3,000 spent. Career Readiness Program for women in domestic violence shelters provides comprehensive support to help survivors achieve economic independence and self-sufficiency. The program includes vocational skills training, resume building, interview preparation, and job placement assistance. Participants receive counseling rebuild confidence and address trauma-related barriers to employment. Financial literacy workshops cover budgeting credit repair, and banking basics. Programs often partner with local employers to create safe job opportunities. in 2025, this program has served 15 women who were transitioning from a domestic violence shelter. This program is a new initiative so we are gathering data on the success of the program.
- $2,500 spent. Transform and Thrive Therapy - families experiencing homelessness, specifically women who survivors of domestic violence often have histories of trauma, including violence and abuse. This program offers access to mental health assessments, services and supports provided by licensed therapist to help address trauma and other underlying issues. Turning Liabilities Into Assets 1 contracts with Transform & Thrive Therapy, a program designed to improve access to mental health support for underserved populations. This program has served 30 women in 2025.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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 September 7, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2016 for not filing returns for three years, and reinstated on May 15, 2016.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 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 September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2016.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 October 7, 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.