Victory Transformation Inc
- Assets
- $364.6k
- Revenue
- $497.4k
- Investments
- $0.0
- Employees
- 29
- Location
- Oswego, NY
- Founding
- 11/2014
- Data as of
- 12/2023
- EIN
- 30-0770399
Organization Overview
Victory Transformation Inc is located in Oswego, NY. The organization was established in 2014. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 12/2023, Victory Transformation Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Victory Transformation 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 12/2023, Victory Transformation Inc generated $497.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 41.1% each year . All expenses for the organization totaled $252.2k during the year ending 12/2023. While expenses have increased by 33.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MISSION STATEMENT-VICTORY TRANSFORMATION IS A MINISTRY THAT HELPS THE HOMELESS AND THOSE WITH CRITICAL CARE NEEDS. WE GIVE PEOPLE A HAND UP-NOT A HANDOUT. WE PROVIDE CHRISTIAN LIFE SKILLS AND DISCIPLESHIP TO BUILD A FOUNDATION NECESSARY TO MAINTAIN SUCCESSFUL AND EMPOWERED LIVING. THROUGH OUR MINISTRY, PEOPLE STAY CONNECTED T VICTORY GIVING THE VICTORY COMMUNITY AN OPPORTUNITY TO PROVIDE CONTINUED HELP AND SUPPORT WITH A GOAL OF SELF-SUFFICIENCY AND PRODUCTIVITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACY/LIFE COACHING SERVICES:WE PROVIDE CHRISTIAN LIFE COACHING AND PROBLEM SOLVING TO HELP IMPROVE QUALITY OF LIFE FOR INDIVIDUALS AND FAMILIES. ADVOCATES ASSIST WITH CRITICAL NEEDS SUCH AS MEDICAL EMERGENCIES, FOOD OR HEAT EMERGENCIES, FINDING HOUSING OR ANYTHING THAT COMPROMISES BASIC NEEDS. THE CRITICAL NEEDS COMPONENT IS A LARGE PART OF WHAT WE DO.
VICTORY CAFE:CAFE AND COFFEE HOUSE. GREAT FOOD, WI-FI, AND FELLOWSHIP WITH THE HOLY SPIRIT. WHAT CAN BE BETTER? SERVING A LITE MENU FOR BREAKFAST, LUNCH AND DESSERT. LOW COST MENU OPTIONS AND SNACKS AVAILABLE.
CRITICAL NEEDS:VICTORY WILL HELP WITH EMERGENCY HOUSING, PARTIAL SECURITY DEPOSITS AND HUD APPLICATIONS. WE WILL HELP PEOPLE GET TO FOOD PANTRIES AND LINK PEOPLE WITH OTHER RESOURCES IN THE COMMUNITY AND WE WILL BRIDGE THE GAP UNTIL THOSE LINKS ARE MADE. WE WILL DO WHAT IS NECESSARY TO HELP EMPOWER PEOPLE AND HELP THEM TO BE SELF SUFFICIENT.
VICTORY HOUSE AND EMERGENCY HOUSING INITIATIVE:THIS INITIATIVE PROVIDES SHORT TERM, IMMEDIATE HOUSING TO INDIVIDUALS WHO ARE HOMELESS AND WHO ARE NOT ACTIVELY USING DRUGS/ALCOHOL. THE PROGRAM WILL PROVIDE HOUSING SERVICES TO ALL PEOPLE WHO ARE HOMELESS SO THAT THEY ARE IN SAFE AND AFFORDABLE PERMANENT OR TRANSITIONAL HOUSING WITHIN AN AVERAGE OF 30 DAYS. THE VICTORY HOUSE IS A SUPERVISED MEN'S HOUSE IN OSWEGO USED FOR EMERGENCY HOUSING. HOUSING IS FOUND THROUGH ALREADY EXISTING AVENUES AND LANDLORDS THAT WE WORK WITH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Member | OfficerTrustee | 20 | $51,450 |
Annmarie King Treasurer | Trustee | 15 | $0 |
Casmir Usiatynski President | Trustee | 10 | $0 |
Chris Demars Member | Trustee | 5 | $0 |
Theresa Wilkins Secretary | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $74,916 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,916 |
| Total Program Service Revenue | $422,528 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $497,444 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $83,976 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,279 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,189 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,574 |
| Office expenses | $5,723 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,736 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,723 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $18,311 |
| All other expenses | $18,090 |
| Total functional expenses | $252,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,816 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $189,500 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,267 |
| Total assets | $364,583 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $125,705 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,287 |
| Total liabilities | $126,992 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $237,591 |
| Total liabilities and net assets/fund balances | $364,583 |