2025-11-07T15:22:06-08:00 2024-12-31 752593210 Sutton Frost Cary LLP 200 E Front St Suite 200 Arlington TX 76011 990 2024-01-01 921587776 TRANSITION RESOURCE ACTION CENTER TRAN 4696874747 3108 LIVE OAK STREET DALLAS TX 75204 NICOLE BINKLEY CEO 2025-11-07 true true Carroll Elizabeth Arnott P01965628 8176498083 2024 2025-03-06 01:10:19Z NICOLE BINKLEY 4880727 false X TRACONLINE.ORG X 2022 TX Connect young people ages 1624 who are transitioning out of foster or juvenile care and their unhoused peers in North Texas with the support they need to reach self-sufficiency, through individualized support, planning, and access to housing and community services. 5 5 45 10 0 1972679 4824756 0 405 2446 -1865 1973084 4825337 61029 797395 0 415415 2087029 0 135033 215598 651590 692042 3536014 1281042 1289323 1709166 2607622 428124 37257 1281042 2570365 Connect young people ages 1624 who are transitioning out of foster or juvenile care and their unhoused peers in North Texas with the support they need to reach self-sufficiency, through individualized support, planning, and access to housing and community services. false false 2936121 797395 TRAC provides a substantial amount of housing support when it comes to program expenses. Direct assistance to clients can include food, clothing, furniture, counseling services, IDs, etc. Program expenses include storage units, online learning tools (zoom, google classroom, etc), move in kits, conference fees (travel, registration, lodging, food) for youth to attend. 2936121 true true false false false false false false false false false false false false false true true false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false true 54 0 true 45 true false false false false false true true false 0 false false false false false false false X 5 5 false false false false false false false true true false false true true true true true true true true false X X JOSH RUNNELS 4696874747 3108 LIVE OAK STREET DALLAS TX 75204 JOSH RUNNELS CFO 40.00 0.00 X 114563 0 2521 NAKIA DOUGLAS-thru 92024 Executive Dir. 40.00 0.00 X 76134 0 906 Chris Packard INT. EXEC. DIR. 40.00 0.00 X 43173 0 188 EVY KAY WASHBURNE BOARD CHAIR 1.00 0.00 X X 0 0 0 MADELINE REEDY Secretary 1.00 0.00 X X 0 0 0 MADELINE MCCLURE Director 1.00 0.00 X 0 0 0 GEORGE ELLIS Director 1.00 0.00 X 0 0 0 DAVE SHIPLEY Director 1.00 0.00 X 0 0 0 NICOLE BINKLEY-from 125 CEO 40.00 0.00 X 0 0 0 233870 3615 1 false false false 0 105000 292958 2412718 2014080 4824756 0 2446 2446 0 0 0 0 53525 292958 55390 -1865 0 0 0 4825337 2446 X 0 797395 797395 0 0 237485 202100 22807 12578 0 1440853 1226189 138284 76380 12136 10331 1151 654 266900 227136 25615 14149 129655 110339 12443 6873 0 0 18300 18300 0 0 0 394873 172725 204427 17721 0 0 0 0 114867 74914 39753 200 32114 31747 367 0 0 0 0 2638 2638 0 SUPPLIES 88135 80607 1700 5828 MISCELLANEOUS 663 380 283 0 3536014 2936121 464860 135033 298461 654062 575405 1250000 805887 622462 0 0 0 0 0 29413 81098 0 0 0 0 0 0 1709166 2607622 428124 28510 8747 428124 37257 X 802221 2229579 478821 340786 1281042 2570365 1709166 2607622 1289323 X false true X true true true X 1972679 4824756 6797435 0 0 1972679 4824756 6797435 1263414 5534021 405 2446 2851 0 0 6800286 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 4985395 160058 160058 4825337 4825337 3696072 160058 160058 3536014 3536014 Part X : FIN48 Footnote The Organization is a nonprofit publicly supported organization, as defined in Section 501(c)(3) of the Internal Revenue Code (IRC) that is exempt from federal income taxes under Section 501(a) of the IRC. Income generated from activities unrelated to the Organizations exempt purpose is subject to tax under IRC Section 511. The Organization did not incur any unrelated business income tax expense for the year ended December 31, 2024. Accordingly, no provision has been made for federal income tax.GAAP requires the evaluation of tax positions taken in the course of preparing the Organizations tax return and recognition of a tax liability (or asset) if the Organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Organization, and has concluded that as of December 31, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. false event 1 305796 257271 48525 48525 1838 event 2 40687 35687 5000 5000 27 346483 292958 53525 53525 1865 55390 -1865 true 0 0 HOUSING AND DIRECT ASSISTANCE 1273 797395 FMV Grantmaker's Description of How Grants are Used TRAC's accounting software is capable of tracking an infinite number of project/grant codes/ID and each grant is assigned a specific project ID. The TRAC finance team reviews all expenses to ensure they are tagged with the correct project/grant ID. Form 990, Part VI, Section B, Line 11b YES, THE DIRECTOR OF FINANCE AND OPERATIONS WILL REVIEW WITH THE EXECUTIVE DIRECTOR. THE FORM WILL THEN BE PRESENTED TO THE BOARD FOR REVIEW. Form 990, Part VI, Section B, Line 12c The organization has a written Conflict of Interest Policy requiring officers, directors, and key employees to disclose potential conflicts annually. Board members are also asked periodically during meetings to reaffirm or update their disclosures. Any conflicts identified are reviewed and managed in accordance with the policy. Form 990, Part VI, Section B, Line 15a While hiring the position of CEO/ED, the organization engaged an independent search and compensation firm to assist in setting compensation. The firm provided comparability data for similarly sized nonprofits in the region. The Board of Directors, composed of disinterested members, reviewed and approved the compensation in advance. Supporting materials were retained to document that the process followed the principles of 26 C.F.R. 53.4958-6. Form 990, Part VI, Section C, Line 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VIII INCOME FROM FUNDRAISING EVENTS The net economic benefit from our fundraising events is calculated as follows:Contributions from fundraising events reported on Part VIII, line 1c $ 292,958Gross income from fundraising events reported on Part VIII, line 8a 53,525Less: Direct costs of events reported on part VIII, Line 8b (55,390) Net economic benefit of fundraising events $ 291,093