Transformation Ministries Inc
- Assets
- $909.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Reidsville, NC
- Founding
- 11/2009
- Data as of
- 12/2021
- EIN
- 30-0581220
Organization Overview
Transformation Ministries Inc is located in Reidsville, NC. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transformation Ministries 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 12/2021, Transformation Ministries Inc generated $53.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $53.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
INCREASED THE NUMBER OF CHILDREN IN THE SCHOOL
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,600 |
| Total Program Service Revenue | $35,884 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,178 |
| Other Revenue | $0 |
| Total Revenue | $53,662 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,372 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $275 |
| Other expenses | $5,998 |
| Total expenses | $53,245 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $909 |
| Other assets | $0 |
| Total assets | $909 |
| Total liabilities | $1,098 |
| Net assets or fund balances | -$189 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Mission Norfolk, VA | $19,076,349 | $10,467,458 |
Westside Future Fund Atlanta, GA | $55,374,938 | $4,466,187 |
Hartwood Foundation Inc Fairfax, VA | $10,472,777 | $9,719,871 |
Greensboro Urban Ministry Greensboro, NC | $9,704,023 | $8,817,068 |
P3 Foundation Inc Charlotte, NC | $75,107,588 | $5,131,940 |
Fulton-Atlanta Community Action Authority Inc Atlanta, GA | $1,160,189 | $9,503,293 |
Family Resource Agency Inc Cleveland, TN | $3,123,531 | $9,293,392 |
Franklin Vance Warren Opportunity Henderson, NC | $4,057,269 | $9,956,290 |
Olivet Medical Ministry Inc Yorktown, VA | $5,086,470 | $8,947,962 |
T3 Labs Atlanta, GA | $9,085,833 | $8,566,316 |
Housing Preservation Inc Memphis, TN | $40,176,409 | $5,595,751 |
Union County Community Action Inc Monroe, NC | $2,766,376 | $8,366,700 |