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Transformers Foundation Inc

EIN 84-2388186 · New York, NY

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

LegitimacyPassesRegistration and standingFinancial healthWeak30 out of 100GovernanceWeak35 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

WE MOVE THE NEEDLE ON SUSTAINABLE PERFORMANCE THROUGH OPEN SHARING OF BEST PRACTICES, ENCOURAGING, GIVING VISIBILITY AND SUPPORTING SUSTAINABLE PROGRESS, CHALLENGING UNCLEAR, NON SOLID MARKETING OR CLAIMS, TRANSPARENTLY CELEBRATING BEST IN CLASS AND INNOVATION.

Income
$246,889
Spending
$273,729
Spent on programs
77%
Reserves
0.5 months of spending
Largest source of income
donations and private grants, 87%
Employees
0
Volunteers
0
Highest pay
$51,388, director

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

Financial health

Weak: 30 out of 100. Higher than 5% of charities in its peer group (environment, under $250k).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.5 months of spending.

  • Debt

    2 of 20

    It owes 92% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 11% of income.

  • Income trend

    5 of 15

    Income fell 24% on the year before.

  • Spending floor

    15 of 15

    77% of spending went to programs and raising each dollar of donations cost 11 cents.

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

Governance

Weak: 35 out of 100. Higher than 8% of charities in its peer group (environment, under $250k).

  • Independent board

    5 of 25

    0 of 5 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no 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.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • 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

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 (2)
  1. $105,911 spent. EDUCATION: TRANSFORMERS FOUNDATION WORKS WITH EDUCATIONAL INSTITUTIONS AND INDUSTRY TO BRING TOGETHER A CONFERENCE SERIES, WHERE WE TEACH STUDENTS THE DENIM SUPPLY CHAIN, FOCUSING ON EACH AREA FROM FIBER THROUGH TO FINISH GARMENT PROCESSING. EACH SERIES IS TAILORED TO THE AUDIENCE OF STUDENTS AND IS PROVIDED GLOBALLY IN SEVERAL LANGUAGES - EACH EVENT IS THEN ADDED TO THE LEARNING HUB FOR REFERENCE RESOURCES. EACH SEGMENT OF THE SUPPLY CHAIN IS PRESENTED BY A PROFESSIONAL DONATING THEIR TIME TO TEACH GLOBAL STUDENTS.
  2. $105,910 spent. RESEARCH & WRITING: THE TRANSFORMERS FOUNDATION SELECTS ONE SUBJECT FOR A DEEP DIVE RESEARCH PAPER ON ONE SUBJECT. 2020 RESEARCH PAPER WAS FOCUSED ON THE ETHICAL PURCHASING PRACTICES IN THE DENIM SUPPLY CHAIN THROUGH COVID-19. THIS PAPER ALSO HIGHLIGHTED THE POWER UNBALANCE BETWEEN BRANDS/BUYERS AND THEIR SUPPLIERS. THIS 70 PAGE REPORT WAS SHARED WITH B2B AS WELL AS B2C PRESS AND INDUSTRY EXPERTS AND PRESS. THIS PAPER WAS ENDORSED BY OVER 70 INDIVIDUAL COMPANIES THROUGHOUT THE SUPPLY CHAIN. SEPERATELY, WE HAVE RESEARCHERS AND WRITERS PREPARED TO FOCUS ON VARIOUS SUBJECTS WITHIN THE SUPPLY CHAIN TO PRODUCE ARTICLES THAT CAN BE SHARED THROUGH OUR INDUSTRY.

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

Legitimacy checks

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.