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    <Timestamp>2011-04-22T08:40:54-07:00</Timestamp>
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        <City>Portland</City>
        <State>OR</State>
        <ZIPCode>97201</ZIPCode>
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      <Name>
        <BusinessNameLine1>Transition Projects Inc</BusinessNameLine1>
      </Name>
      <NameControl>TRAN</NameControl>
      <Phone>5038234930</Phone>
      <USAddress>
        <AddressLine1>475 NW Glisan</AddressLine1>
        <City>Portland</City>
        <State>OR</State>
        <ZIPCode>97209</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>DOREEN BINDER</Name>
      <Title>Executive Direc</Title>
      <DateSigned>2011-04-13</DateSigned>
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    <Preparer>
      <Name>Kris Oliveira CPA</Name>
      <Phone>5032223338</Phone>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2009</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
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        <State>OR</State>
        <ZIPCode>97209</ZIPCode>
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      <YearFormation>1970</YearFormation>
      <StateLegalDomicile>OR</StateLegalDomicile>
      <ActivityOrMissionDescription>TRANSITION PROJECTS, INC. WAS ESTABLISHED TO SERVE PEOPLE'S BASIC NEEDS AS THEY TRANSITION FROM HOMELESSNESS TO HOUSING.</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>12</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>12</NbrIndependentVotingMembers>
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      <TotalNbrVolunteers>1000</TotalNbrVolunteers>
      <TotalGrossUBI>0</TotalGrossUBI>
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      <MissionDescription>TRANSITION PROJECTS HELPS PEOPLE MOVE FROM HOMELESSNESS TO HOUSING THROUGH A VARIETY OF PROGRAMS THAT INCLUDE SHELTER, SUPPORTIVE HOUSING, OUTREACH, AND A COMMUNITY SERVICE CENTER.</MissionDescription>
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        <Description>THE HOUSING PROGRAM, GENERATED FROM HOUSING-SPECIFIC GRANTS, OPERATES IN THE COMMUNITY SERVICE CENTER, DR. RODNEY GLISAN CENTER, CLARK CENTER, CLARK CENTER ANNEX, AND JEAN'S PLACE. HOUSING ASSISTANCE PROVIDES RENT AND DEPOSIT ASSISTANCE TO SHELTER RESIDENTS AND TRANSITIONAL HOUSING RESIDENTS, HOMELESS PERSONS, AND PERSONS AT RISK OF BECOMING HOMELESS. CLIENTS ARE ASSESSED AND PROVIDED CASE MANAGEMENT SUPPORT TO ENSURE THEY WILL BE ABLE TO REMAIN IN HOUSING.</Description>
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      <FeesForServicesManagement>
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      <FeesForServicesLegal>
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      <FeesForServicesAccounting>
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      <FeesForServicesLobbying>
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      <Advertising>
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        <ManagementAndGeneral>26374</ManagementAndGeneral>
        <Fundraising>27199</Fundraising>
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      <InformationTechnology>
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      <Royalties>
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        <Fundraising>2217</Fundraising>
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        <ManagementAndGeneral>2535</ManagementAndGeneral>
        <Fundraising>50</Fundraising>
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      <TravelEntrtnmntPublicOfficials>
        <Total>0</Total>
      </TravelEntrtnmntPublicOfficials>
      <ConferencesMeetings>
        <Total>0</Total>
      </ConferencesMeetings>
      <Interest>
        <Total>8925</Total>
        <ProgramServices>8925</ProgramServices>
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      <PaymentsToAffiliates>
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        <Total>59018</Total>
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        <ManagementAndGeneral>2497</ManagementAndGeneral>
        <Fundraising>191</Fundraising>
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      <Insurance>
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        <Description>Printing and Publications</Description>
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        <ProgramServices>4728</ProgramServices>
        <ManagementAndGeneral>1553</ManagementAndGeneral>
        <Fundraising>8410</Fundraising>
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        <Total>16618</Total>
        <ProgramServices>8123</ProgramServices>
        <ManagementAndGeneral>6998</ManagementAndGeneral>
        <Fundraising>1497</Fundraising>
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      <OtherExpenses>
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        <ProgramServices>56059</ProgramServices>
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      <OtherExpenses>
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        <ProgramServices>151793</ProgramServices>
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        <Description>CLIENT SERVICES</Description>
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        <ProgramServices>1264247</ProgramServices>
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      <ReceivablesFromOfficersEtc>
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      <LandBuildingsEquipmentBasis>1019857</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>689233</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>340626</BOY>
        <EOY>330624</EOY>
      </LandBuildingsEquipmentBasisNet>
      <InvestmentsPubTradedSecurities>
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        <EOY>1864613</EOY>
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      <InvestmentsProgramRelated>
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      <IntangibleAssets>
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      <MortNotesPyblSecuredInvestProp>
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        <EOY>97801</EOY>
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      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
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      <TemporarilyRestrictedNetAssets>
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        <EOY>4044197</EOY>
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      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>true</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>true</FederalGrantAuditPerformed>
    </IRS990>
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      <PubliclySupportedOrg170b1Avi>X</PubliclySupportedOrg170b1Avi>
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        <CurrentTaxYearMinus1Year>4854914</CurrentTaxYearMinus1Year>
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        <Total>21260142</Total>
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      <TaxRevLeviedForOrgBenefit170>
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      <ValueSrvcFcltsFurnishedByGovt>
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        <CurrentTaxYearMinus4Years>3221350</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>3588373</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>4666655</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>4854914</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>4928850</CurrentTaxYear>
        <Total>21260142</Total>
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      <AmountsSubstContributorsTotal>0</AmountsSubstContributorsTotal>
      <PublicSupportTotal170>21260142</PublicSupportTotal170>
      <GrossInvestmentIncome170>
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        <CurrentTaxYearMinus3Years>68533</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>72481</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>58885</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>18073</CurrentTaxYear>
        <Total>269211</Total>
      </GrossInvestmentIncome170>
      <NetUBI>
        <Total>0</Total>
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      <OtherIncome170>
        <CurrentTaxYearMinus3Years>1474</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>94623</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>41100</CurrentTaxYearMinus1Year>
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        <Total>190880</Total>
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      <TotalSupport>21720233</TotalSupport>
      <GrossReceiptsFromAdmissionsEtc>1012814</GrossReceiptsFromAdmissionsEtc>
      <PublicSupportPertcentage170>0.97880</PublicSupportPertcentage170>
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      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
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      <ContributorInfo>
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          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
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        <ContributorAddressUS>
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          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
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    </IRS990ScheduleB>
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        <Contributions>120350</Contributions>
        <InvestmentEarningsOrLosses>22238</InvestmentEarningsOrLosses>
        <EndOfYearBalance>337127</EndOfYearBalance>
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        <Contributions>108442</Contributions>
        <InvestmentEarningsOrLosses>-22742</InvestmentEarningsOrLosses>
        <EndOfYearBalance>194539</EndOfYearBalance>
      </CurrentYearMinus1Year>
      <PermanentEndowmentEOYBalance>1.00000</PermanentEndowmentEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>true</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>false</EndowmentsHeldByRelatedOrgs>
      <AreRelatedOrgsListedScheduleR>false</AreRelatedOrgsListedScheduleR>
      <Land>
        <OtherCostOrOtherBasis>15000</OtherCostOrOtherBasis>
        <BookValue>15000</BookValue>
      </Land>
      <Buildings>
        <OtherCostOrOtherBasis>726777</OtherCostOrOtherBasis>
        <Depreciation>507065</Depreciation>
        <BookValue>219712</BookValue>
      </Buildings>
      <LeaseholdImprovements>
        <OtherCostOrOtherBasis>133552</OtherCostOrOtherBasis>
        <Depreciation>80415</Depreciation>
        <BookValue>53137</BookValue>
      </LeaseholdImprovements>
      <Equipment>
        <OtherCostOrOtherBasis>144528</OtherCostOrOtherBasis>
        <Depreciation>101753</Depreciation>
        <BookValue>42775</BookValue>
      </Equipment>
      <TotalOfBookValueLandBuildings>330624</TotalOfBookValueLandBuildings>
      <TotalOfBookValueSecurities>1864613</TotalOfBookValueSecurities>
      <TotalBookValueOtherAssets>337127</TotalBookValueOtherAssets>
      <TotalRevenue>5292203</TotalRevenue>
      <TotalExpenses>5206285</TotalExpenses>
      <ExcessOrDeficitForYear>85918</ExcessOrDeficitForYear>
      <ExcessOrDeficitPerFS>85918</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>5415073</TotRevenueEtcAuditedFinclStmt>
      <DonatedSrvcAndUseOfFacilities>122870</DonatedSrvcAndUseOfFacilities>
      <RevenueNotRptdF990>122870</RevenueNotRptdF990>
      <RevenueSubtotal>5292203</RevenueSubtotal>
      <TotalRevenuePerForm990>5292203</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>5329155</TotExpensesEtcAuditedFinclStmt>
      <DonatedServicesUseOfFacilities>122870</DonatedServicesUseOfFacilities>
      <ExpensesNotRptdF990>122870</ExpensesNotRptdF990>
      <ExpensesSubtotal>5206285</ExpensesSubtotal>
      <TotalExpensesPerForm990>5206285</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>Part V, Line 4</Identifier>
        <ReturnReference>Part V, Line 4: Intended uses of the endowment fund.</ReturnReference>
        <Explanation>TO MAINTAIN THE FUND THROUGH PERPETUITY WHILE MAINTAINING REASONABLE SAFETY AND RETURN THAT WILL ALLOW THE AGENCY TO UTILIZE THE FUND FOR PRESENT AND FUTURE NEEDS.</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="IRS990ScheduleG" softwareId="09000047" softwareVersion="2009v1.7">
      <AgreementRefFundraising>false</AgreementRefFundraising>
      <EventsInformation>
        <NameOfEvent1>40TH ANNIVERSARY GALA</NameOfEvent1>
        <GrossReceiptsEvent1>51350</GrossReceiptsEvent1>
        <GrossRevenueEvent1>51350</GrossRevenueEvent1>
        <OtherDirectExpensesEvent1>16689</OtherDirectExpensesEvent1>
        <NameOfEvent2>JEAN'S PLACE LUNCHEON</NameOfEvent2>
        <GrossReceiptsEvent2>21890</GrossReceiptsEvent2>
        <GrossRevenueEvent2>21890</GrossRevenueEvent2>
        <OtherDirectExpensesEvent2>3430</OtherDirectExpensesEvent2>
        <GrossReceiptsTotal>73240</GrossReceiptsTotal>
        <GrossRevenueTotalEvents>73240</GrossRevenueTotalEvents>
        <OtherDirectExpensesTotalEvents>20119</OtherDirectExpensesTotalEvents>
        <DirectExpenseSummaryEvents>20119</DirectExpenseSummaryEvents>
        <NetIncomeSummary>53121</NetIncomeSummary>
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    </IRS990ScheduleG>
    <IRS990ScheduleM documentId="IRS990ScheduleM" softwareId="09000047" softwareVersion="2009v1.7">
      <ClothingAndHouseholdGoods>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NoncashContribsRptdF990>44143</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </ClothingAndHouseholdGoods>
      <FoodInventory>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NoncashContribsRptdF990>161141</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </FoodInventory>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>OFFICE SUPPLIES</Description>
        <NoncashContribsRptdF990>130</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>MISCELLANEOUS</Description>
        <NoncashContribsRptdF990>2438</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>true</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>false</ThirdPartiesUsed>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="09000047" softwareVersion="2009v1.7">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>REASONABLE REQUESTS FOR FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE ACCOMMODATED UPON REQUEST AT THE OFFICES OF TRANSITION PROJECTS, INC.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 15b</Identifier>
        <ReturnReference>Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees</ReturnReference>
        <Explanation>SALARY REVIEW WAS CONDUCTED BY THE BOARD. AFFECTED INDIVIDUALS RECUSED THEMSELVES AND A MOTION FOR COMPENSATION WAS OFFERED.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 12c</Identifier>
        <ReturnReference>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</ReturnReference>
        <Explanation>BOARD REVIEWS POTENTIAL CONFLICT OF INTEREST ISSUES ON AN ANNUAL BASIS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11: Form 990 Review Process</ReturnReference>
        <Explanation>A DRAFT OF THE FORM 990 WAS REVIEWED BY THE EXECUTIVE COMMITTEE PRIOR TO SUBMISSION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part III, Line 4d</Identifier>
        <ReturnReference>Form 990, Part III, Line 4d : Other Program Services Description</ReturnReference>
        <Explanation>OTHER PROGRAM SERVICES 4: THE BARBARA MAHER BUILDING PROVIDES 32 UNITS OF PERMANENT HOUSING TO LOW-INCOME WOMEN IN RECOVERY FROM HOMELESSNESS AND ALCOHOLISM OR DRUG ADDICTION. THE FACILITY OFFERS SINGLE ROOM OCCUPANCY UNITS, A COMMUNITY KITCHEN, AND OTHER SHARED FACILITIES FOR WOMEN WHO ARE RE-ESTABLISHING THEIR LIVES. SUBSIDIES ARE PROVIDED, PROPORTIONATE TO NEED, THROUGH THE HOUSING AUTHORITY OF PORTLAND'S SECTION 8 PROGRAM. EXPENSES FOR THE YEAR ENDED JUNE 30, 2010 WERE $203,874. OTHER PROGRAM SERVICES 5: THE CLARK CENTER ANNEX PROVIDES 22 UNITS OF PERMANENT SUPPORTIVE HOUSING TO FORMERLY HOMELESS MEN. THE PROGRAM OFFERS CONNECTIONS TO SUPPORTIVE SERVICES, INCLUDING CASE MANAGEMENT, MENTAL HEALTH, AND LIVING SKILLS. EXPENSES FOR THE YEAR ENDED JUNE 30, 2010 WERE $93,949.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
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