Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $521,638

• 1f · All other contributions, gifts and grants

  $26

• 3 · Investment income

  total $2,966 · excluded $2,966

• 7a · Gross sales of assets other than inventory

  securities $104,058 · other assets $11,000,000

• 7b · Less cost or other basis and sales expenses

  securities $106,202 · other assets $4,527,667

• 7c · Gain or loss

  securities -$2,144 · other assets $6,472,333

• 7d · Net gain or loss

  total $6,470,189 · excluded $6,470,189

• 11a · Other revenue: OTHER INCOME

  total $34,810 · excluded $34,810

• 11e · Other revenue, total

  $34,810

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $50,000 · program services $50,000

• 7 · Other salaries and wages

  total $9,100 · program services $9,100

• 9 · Other employee benefits

  total -$6,696 · program services $2,275 · management and general -$8,971

• 11b · Fees: legal

  total $11,447 · management and general $11,447

• 11c · Fees: accounting

  total $17,640 · management and general $17,640

• 11f · Fees: investment management

  total $1 · management and general $1

• 11g · Fees: other

  total $711,951 · program services $274 · management and general $711,677

• 13 · Office expenses

  total $4,782 · program services $403 · management and general $4,379

• 14 · Information technology

  total $1,889 · program services $1,574 · management and general $315

• 15 · Royalties

  total $105,806 · program services $41,807 · management and general $63,999

• 16 · Occupancy

  total $331 · program services $331

• 20 · Interest

  total $94,866 · program services $94,866

• 22 · Depreciation, depletion and amortization

  total $158,868 · program services $158,868

• 23 · Insurance

  total $23,025 · management and general $23,025

• 24a · Other expenses: MISCELLANEOUS

  total $21,884 · management and general $21,884

• 24b · Other expenses: REPAIRS & MAINTENANCE

  total $1,217 · program services $1,217

• 24c · Other expenses: DUES & SUBSCRIPTIONS

  total $88 · management and general $88

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $37,511 · end of year $180,431

• 2 · Savings and temporary cash investments

  beginning of year $372,558

• 4 · Accounts receivable

  beginning of year $2,716 · end of year $34,810

• 9 · Prepaid expenses and deferred charges

  beginning of year $35,081

• 10a · Land, buildings and equipment: cost or other basis

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $4,648,744

• 15 · Other assets

  beginning of year $57,669 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $344,343

• 21 · Escrow or custodial account liability

  beginning of year $142

• 23 · Secured mortgages and notes payable

  beginning of year $5,760,813

• 25 · Other liabilities

  beginning of year $4,890,685 · end of year $215,241

• 27 · Net assets without donor restrictions

  beginning of year -$5,891,704 · end of year $0

• 28 · Net assets with donor restrictions

  beginning of year $50,000 · end of year $0

The filer's explanations (Part III)

PART I, LINE 3

THE FOLLOWING WERE USED BY TRANSFORMING AGE IN DETERMINING THE PRESIDENT & CEO'S COMPENSATION: 1. COMPENSATION COMMITTEE 2. INDEPENDENT COMPENSATION CONSULTANT 3. WRITTEN EMPLOYMENT CONTRACT 4. COMPENSATION SURVEY OR STUDY 5. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• TRANSFORMING AGE VENTURES INC

  C · FOR-PROFIT VENTURES AND ACTIVITIES · WA

• SENIOR HOUSING ASSISTANCE CORPORATION

  C · LOW-INCOME HOUSING · WA