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Pursuit Transformation Company Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$7.19M (2022)

Expenses
$8.98M (2022)

Total Assets
$12M (2022)

Total Liabilities
$8.02M (2022)

Source: Form 990 tax filings from 2012 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,191,929
Expenses
$8,977,578
Net Income
-$1,785,649
Net Assets
$3,976,146
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,695,807
79.2%
Program Services $1,495,560
20.8%
Investment Income $550
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,114,161
12.4%
Professional Fundraising Fees $0
Other Salaries and Wages $4,208,405
46.9%
Assets/Debt
Total Assets $12,001,089
Total Liabilities $8,024,943
Net Assets $3,976,146
Compensation
Key Employees and Officers Compensation Related Other
Jukay Hsu (Co Founder & Ceo) $320,673 $0 $9,483
Caroline Oh (Chief Operating Officer) $287,008 $0 $7,416
Sundar Jayabose (General Manager) $250,248 $0 $8
David Yang Co Founder (Chief Creative Officer/Sec) $231,986 $0 $20,506
Yong Kang (Chief Financial Officer) $205,248 $0 $31,841
William James Kenney (Vp Of Pursuit Pbc Strategy & Operations) $189,880 $0 $128
David Fox Sternlieb (General Counsel) $187,478 $0 $30,484
Lillian Jane Schenck (Director Of Core Programs) $162,462 $0 $8,965
Aaron Javon Walton (Sr Director Communications) $148,102 $0 $7,528
Jennifer Hensley (Chair) $0 $0 $0
Adam Belanich (Treasurer) $0 $0 $0
Elias Roman (Director) $0 $0 $0
Michael Borofsky (Director) $0 $0 $0
Steve Brill (Director) $0 $0 $0
Alex Finerman (Director) $0 $0 $0
Alan Jones (Director) $0 $0 $0
Senator Bob Kerrey (Director) $0 $0 $0
Soo Kim (Director) $0 $0 $0
Katy Knight (Director) $0 $0 $0
Jason Miller (Director (Thru Apr 2021)) $0 $0 $0
Stuart Spodek (Director) $0 $0 $0
Daniel Teran (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,856,404
Expenses
$7,784,385
Net Income
-$927,981
Net Assets
$5,761,795
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,288,423
77.1%
Program Services $1,564,032
22.8%
Investment Income $949
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,000
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,127,048
14.5%
Professional Fundraising Fees $0
Other Salaries and Wages $3,631,554
46.7%
Assets/Debt
Total Assets $13,294,970
Total Liabilities $7,533,175
Net Assets $5,761,795
Compensation
Key Employees and Officers Compensation Related Other
Jukay Hsu (Co Founder & Ceo) $320,498 $0 $17,626
Caroline Oh (Chief Operating Officer) $264,801 $0 $15,279
David Yang Co Founder (Chief Creative Officer/Secretary) $229,141 $0 $24,436
Yong Kang (Chief Financial Officer) $225,807 $0 $29,460
Gregory Cole Levin (Vp Of Strategic Initiative) $179,415 $0 $13,957
Sundar Jayabose (General Manager) $166,667 $0 $3,908
Angela Mekosh (Director Of Talent) $152,966 $0 $20,958
Steven Lozic (Director Of Growth & Admissions) $145,519 $0 $8,425
William James Kenney (Vp, Pursuit Pbc Strategy & Ops) $135,287 $0 $12,097
Jennifer Hensley (Chair) $0 $0 $0
Adam Belanich (Treasurer) $0 $0 $0
Elias Roman (Director) $0 $0 $0
Michael Borofsky (Director) $0 $0 $0
Steve Brill (Director) $0 $0 $0
Alex Finerman (Director) $0 $0 $0
Alan Jones (Director) $0 $0 $0
Senator Bob Kerrey (Director) $0 $0 $0
Soo Kim (Director) $0 $0 $0
Katy Knight (Director) $0 $0 $0
Jason Miller (Director (Thru Apr 2021)) $0 $0 $0
Stuart Spodek (Director) $0 $0 $0
Daniel Teran (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,809,977
Expenses
$5,589,621
Net Income
$3,220,356
Net Assets
$6,689,776
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,904,207
89.7%
Program Services $899,427
10.2%
Investment Income $1,801
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,731
0.0%
Net Inventory Sales $0
Other Revenue $2,811
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $798,471
14.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,670,814
47.8%
Assets/Debt
Total Assets $9,697,528
Total Liabilities $3,007,752
Net Assets $6,689,776
Compensation
Key Employees and Officers Compensation Related Other
Jukay Hsu (Co Founder & Ceo) $228,600 $0 $14,782
Caroline Oh (Chief Operating Officer) $175,056 $0 $12,055
David Yang Co Founder (Chief Creative Officer) $166,140 $0 $22,556
Yong Kang (Chief Financial Officer) $153,495 $0 $25,787
Gregory Cole Levin (Vp Of Strategic Initiatives) $136,663 $0 $13,668
Nicholas Baer (Chief Of Staff) $130,461 $0 $7,992
Talya Erdfarb (Director Of Planning And Operations) $129,119 $0 $9,963
Steven Lozic (Director Of Growth And Admissions) $123,500 $0 $3,567
William James Kenney (Director Of Strategic Initiatives) $115,007 $0 $12,062
Elias Roman (Chair) $0 $0 $0
Michael Borofsky (Vice Chair) $0 $0 $0
Adam Belanich (Treasurer) $0 $0 $0
Steve Brill (Director) $0 $0 $0
Alex Finerman (Director) $0 $0 $0
Jennifer Hensley (Director) $0 $0 $0
Alan Jones (Director) $0 $0 $0
Senator Bob Kerrey (Director) $0 $0 $0
Soo Kim (Director) $0 $0 $0
Katy Knight (Director) $0 $0 $0
Jason Miller (Director) $0 $0 $0
Stuart Spodek (Director) $0 $0 $0
Daniel Teran (Director) $0 $0 $0
Ellen Corenswet (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,306,232
Expenses
$5,964,495
Net Income
$341,737
Net Assets
$3,524,420
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,416,075
85.9%
Program Services $884,836
14.0%
Investment Income $2,634
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,687
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $804,025
13.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,710,781
45.4%
Assets/Debt
Total Assets $5,032,152
Total Liabilities $1,507,732
Net Assets $3,524,420
Compensation
Key Employees and Officers Compensation Related Other
Jukay Hsu (Co Founder & Ceo) $253,115 $0 $15,931
David Yang Co Founder (Chief Creative Officer) $175,299 $0 $17,906
Reynaldo Fernandez (Chief Program Officer) $164,117 $0 $19,379
Caroline Oh Vp Of (Business Operations And Strategy) $137,547 $0 $12,268
Yong Kang (Vice President Of Finance) $132,852 $0 $25,426
Victoria Lowe Director (Of Pursuit Advance Thru 10/31/19) $111,638 $0 $5,683
Talya Erdfarb (Director Of Planning And Operations) $111,086 $0 $10,331
Jessica Shyu (Director Of Core) $109,222 $0 $15,281
Elias Roman (Chair) $0 $0 $0
Michael Borofsky (Vice Chair) $0 $0 $0
Adam Belanich (Treasurer) $0 $0 $0
Steve Brill (Director) $0 $0 $0
Alex Finerman (Director) $0 $0 $0
Jennifer Hensley (Director) $0 $0 $0
Alan Jones (Director) $0 $0 $0
Senator Bob Kerrey (Director) $0 $0 $0
Soo Kim (Director) $0 $0 $0
Jason Miller (Director) $0 $0 $0
Stuart Spodek (Director) $0 $0 $0
Daniel Teran (Director) $0 $0 $0
Ellen Corenswet (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,232,774
Expenses
$4,571,964
Net Income
$1,660,810
Net Assets
$3,182,683
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,793,653
93.0%
Program Services $414,734
6.7%
Investment Income $1,752
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $22,635
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $387,027
8.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,947,930
42.6%
Assets/Debt
Total Assets $3,906,864
Total Liabilities $724,181
Net Assets $3,182,683
Compensation
Key Employees and Officers Compensation Related Other
Jukay Hsu (President & Ceo) $213,440 $0 $8,898
David Yang (Chief Creative Officer) $150,942 $0 $13,747
Suhui Won Managing Director (Of Development Until Nov. 2018) $148,176 $0 $0
Joanne Yun (Managing Director Of Core) $101,471 $0 $9,768
Elias Roman (Chair) $0 $0 $0
Michael Borofsky (Vice Chair) $0 $0 $0
Adam Belanich (Treasurer) $0 $0 $0
Steve Brill (Director) $0 $0 $0
Alex Finerman (Director) $0 $0 $0
Jennifer Hensley (Director) $0 $0 $0
Alan Jones (Director) $0 $0 $0
Senator Bob Kerrey (Director) $0 $0 $0
Soo Kim (Director) $0 $0 $0
Jason Miller (Director) $0 $0 $0
Dan Teran (Director) $0 $0 $0
Ellen Corenswet (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,699,528
Expenses
$2,879,674
Net Income
-$180,146
Net Assets
$1,534,853
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,408,222
89.2%
Program Services $154,124
5.7%
Investment Income $3,322
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $94,406
3.5%
Sales of Assets $14,833
0.5%
Net Inventory Sales $0
Other Revenue $24,621
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $309,230
10.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,105,421
38.4%
Assets/Debt
Total Assets $2,377,533
Total Liabilities $842,680
Net Assets $1,534,853
Compensation
Key Employees and Officers Compensation Related Other
Jukay Hsu (Chief Executive Officer) $147,102 $0 $7,567
Dave Yang (Secretary/Chief Creative Officer) $146,723 $0 $7,838
Joanne Yun (Managing Director Of Core) $121,185 $0 $7,843
Jose Ortiz Managing Director (Business Devel. & External Affairs) $111,560 $0 $0
Elias Roman (Chair) $0 $0 $0
Michael Borofsky (Vice Chair) $0 $0 $0
Adam Belanich (Treasurer) $0 $0 $0
Steve Brill (Director) $0 $0 $0
Alex Finerman (Director) $0 $0 $0
Jennifer Hensley (Director) $0 $0 $0
Alan Jones (Director) $0 $0 $0
Senator Bob Kerrey (Director) $0 $0 $0
Soo Kim (Director) $0 $0 $0
Jason Miller (Director) $0 $0 $0
Dan Teran (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,934,734
Expenses
$1,654,025
Net Income
$280,709
Net Assets
$1,179,076
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,896,472
98.0%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $37,068
1.9%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,194
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $234,339
14.2%
Professional Fundraising Fees $0
Other Salaries and Wages $673,853
40.7%
Assets/Debt
Total Assets $1,240,852
Total Liabilities $61,776
Net Assets $1,179,076
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jukay Hsu (Ceo) $117,418 $0 $5,765
David Yang (Secretary) $116,921 $0 $5,765
Adam Belanich (Treasurer) $0 $0 $0
Michael Borofsky (Vice Chair) $0 $0 $0
Jennifer Hensley (Director) $0 $0 $0
Soo Kim (Director) $0 $0 $0
Sam Mandel (Director) $0 $0 $0
Jessica Milner (Director) $0 $0 $0
Elias Roman (Chair) $0 $0 $0
Marleen Vogelaar (Director) $0 $0 $0
Steve Brill (Director) $0 $0 $0
Senator Bob Kerrey (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,353,639
Expenses
$895,391
Net Income
$458,248
Net Assets
$898,367
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,315,667
97.2%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $37,429
2.8%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $543
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $156,946
17.5%
Professional Fundraising Fees $0
Other Salaries and Wages $300,998
33.6%
Assets/Debt
Total Assets $1,067,626
Total Liabilities $169,259
Net Assets $898,367
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jukay Hsu (Executive Director) $78,473 $0 $5,147
David Yang (Secretary) $78,473 $0 $5,147
Adam Belanich (Director) $0 $0 $0
Michael Borofsky (Vice Chair) $0 $0 $0
Jennifer Hensley (Director) $0 $0 $0
Soo Kim (Director) $0 $0 $0
Sam Mandel (Director) $0 $0 $0
Jessica Milner (Director) $0 $0 $0
Elias Roman (Chair) $0 $0 $0
Carl Schuman (Treasurer) $0 $0 $0
Marleen Vogelaar (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$645,733
Expenses
$271,071
Net Income
$374,662
Net Assets
$440,119
Notable Sources of Revenue Percent of Total Revenue
Contributions $590,915
91.5%
Program Services $6,889
1.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $47,810
7.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $119
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $120,000
44.3%
Professional Fundraising Fees $0
Other Salaries and Wages $36,583
13.5%
Assets/Debt
Total Assets $561,037
Total Liabilities $120,918
Net Assets $440,119
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jukay Hsu (Chair) $60,000 $0 $0
David Yang (Vice Chair) $60,000 $0 $0
Adam Belanich (Director) $0 $0 $0
Jessica Milner (Director) $0 $0 $0
Elias Roman (Director) $0 $0 $0
Michael Borofsky (Director) $0 $0 $0
Jennifer Hensley (Director) $0 $0 $0
Soo Kim (Director) $0 $0 $0
Sam Mandel (Director) $0 $0 $0
Carl Schuman (Treasurer) $0 $0 $0
Marleen Vogelaar (Director) $0 $0 $0
Josh Miller (Director) $0 $0 $0
Andrew Kirby (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$309,728
Expenses
$247,616
Net Income
$62,112
Net Assets
$65,457
Notable Sources of Revenue Percent of Total Revenue
Contributions $262,012
84.6%
Program Services $25,036
8.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $22,463
7.3%
Sales of Assets $217
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $115,000
46.4%
Professional Fundraising Fees $0
Other Salaries and Wages $41,186
16.6%
Assets/Debt
Total Assets $134,029
Total Liabilities $68,572
Net Assets $65,457
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jukay Hsu (Chairman) $57,500 $0 $0
David Yang (Vice Chairman) $57,500 $0 $0
Adam Belanich (Director) $0 $0 $0
Jessica Milner (Director) $0 $0 $0
Elias Roman (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$31,765
Expenses
$26,117
Net Income
$5,648
Net Assets
$3,344
Notable Sources of Revenue Percent of Total Revenue
Contributions $22,306
70.2%
Program Services $9,459
29.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,039
Total Liabilities $10,695
Net Assets $3,344

Document Links

Fiscal Year Ending Dec.
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Types of Nonprofits

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