Transformation Project Inc
- Assets
- $54.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 02/2003
- Data as of
- 06/2023
- EIN
- 05-0535865
Organization Overview
Transformation Project Inc is located in Chattanooga, TN. The organization was established in 2003. According to its NTEE Classification (I20) the organization is classified as: Crime Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transformation Project Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Transformation Project Inc generated $77.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $70.8k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ALTERNATIVE PROGRAM FOR DRUG RELATED OFFENDERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley W Bembry President | 50 | $41,950 | |
Craig Paul Secretary/treasurer | 4 | $0 | |
George Mccleskey Chairman | 4 | $0 | |
Del Sharpe Director | 4 | $0 | |
Teresa Smith Director | 4 | $0 | |
Charles Seagroves Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,620 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $77,620 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,013 |
| Professional fees and other payments to independent contractors | $9,586 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $719 |
| Other expenses | $12,508 |
| Total expenses | $70,826 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,536 |
| Other assets | $0 |
| Total assets | $54,536 |
| Total liabilities | $39,599 |
| Net assets or fund balances | $14,937 |