Victory Transformation Inc
- Assets
- $219.8k
- Revenue
- $214.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Oswego, NY
- Founding
- 11/2014
- Data as of
- 12/2020
- 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. 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 12/2020, Victory Transformation Inc generated $214.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 48.0% each year . All expenses for the organization totaled $215.8k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
VICTORY TRANSFORMATION, INC. WILL PRESENT A UNITED BODY OF CHRIST TO REACH OUT AND TOUCH THOSE IN THE COMMUNITY WHO ARE IN NEED OF LOVE, HOPE, AND ENCOURAGEMENT; WHILE AT THE SAME TIME ADDRESSING THEIR PHYSICAL, EMOTIONAL AND SPIRITUAL NEEDS. THROUGH OUR HEALING AND OUTREACH, MEMBERS OF VICTORY TRANSFORMATION WILL PREACH THE GOSPEL TO THE POOR; HEAL THE BROKENHEARTED, PREACH DELIVERANCE TO THE CAPTIVES, AND RECOVERING OF SIGHT TO THE BLIND, TO SET AT LIBERTY THEM THAT ARE BRUISED. WE WILL ENGAGE IN ALL ACTIVITIES WITH THE PURPOSE TO DEMONSTRATE GODS LOVE AND PROVIDE FOR A CHRISTIAN FOUNDATION LEADING TO A HIGHER QUALITY OF LIFE FOR ALL PEOPLE. WE WILL FOCUS ON DISADVANTAGED AND DISENFRANCHISED OR AT RISK ADULTS AND FAMILIES. VICTORY TRANSFORMATION, INC. WILL ACCOMPLISH THESE THINGS BY CREATING A CENTER TO FACILITATE AND FOSTER HEALING AND PRAYER, PEER SUPPORT, MINISTRY, CRITICAL NEEDS AND HOUSING ASSISTANCE, COUNSELING AND INNER HEALING, EMPLOYMENT SUPPORT, TRANSPORTATION AND INCLUSIVE
Describe the Organization's Program Activity:
Part 3 - Line 4a
VICTORY TRANSFORMATION, INC. PRESENTED A UNITED BODY OF CHRIST THAT REACHED OUT AND TOUCHED THOSE IN THE COMMUNITY WHO WERE IN NEED OF LOVE, HOPE, AND ENCOURAGEMENT; WHILE AT THE SAME TIME THEIR PHYSICAL, EMOTIONAL AND SPIRITUAL NEEDS WERE ADDRESSED BY THIS ORGANIZATION. THROUGH OUR HEALING AND OUTREACH, MEMBERS OF VICTORY TRANSFORMATION PREACHED THE GOSPEL TO THE POOR; WE ENDEAVORED TO HEAL THE BROKENHEARTED, PREACHED DELIVERANCE TO THE CAPTIVES, AND RECOVERED THE SIGHT TO THE BLIND, TO SET AT LIBERTY THEM THAT ARE BRUISED. WE ENGAGED IN ALL ACTIVITIES WITH THE PURPOSE TO DEMONSTRATE GOD'S LOVE AND PROVIDE A CHRISTIAN FOUNDATION THAT LEADS TO A HIGHER QUALITY OF LIFE FOR ALL PEOPLE. WE FOCUSED ON DISADVANTAGED AND DISENFRANCHISED OR AT RISK ADULTS AND FAMILIES. VICTORY TRANSFORMATION, INC. ACCOMPLISHED THESE SERVICES BY CREATING A CENTER THAT FACILITATED AND FOSTERED HEALING AND PRAYER, PEER SUPPORT, MINISTRY, CRITICAL NEEDS AND HOUSING ASSISTANCE, COUNSELING AND INNER HEALING, EMPLOYMENT SUPPORT, TRANSPORTATION AND INCLUSIVE FELLOWSHIP FOR ALL PARTICIPANTS. APPROXIMATELY 989 INDIVIDUALS WERE SERVICED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Legge Director | Trustee | 1 | $0 |
Mary Curcio President | Trustee | 3 | $0 |
Andy Curran Treasurer | Trustee | 5 | $0 |
William Whittaker Director | Trustee | 20 | $0 |
Ann-Marie King Director | Trustee | 5 | $0 |
Jen Boshart Secretary | Trustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,525 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $112,242 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,767 |
| Total Program Service Revenue | $102,189 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,311 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,867 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $214,522 |
| 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 | $25,849 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,449 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2 |
| 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 | $4,033 |
| Advertising and promotion | $0 |
| Office expenses | $403 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,089 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,486 |
| Insurance | $4,824 |
| All other expenses | $56,793 |
| Total functional expenses | $215,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,822 |
| 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 | $174,963 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $219,785 |
| 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 | $1,490 |
| Secured mortgages and notes payable | $216,119 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $217,609 |
| Net assets without donor restrictions | $2,176 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $219,785 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Victory Transformation Inc has recieved totaling $59,677.
| Awarding Organization | Amount |
|---|---|
Richard S Shineman Foundation Oswego, NY PURPOSE: GENERAL OPERATING | $52,500 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $6,177 |
The James V Tesoriero Charitable Fund Oswego, NY PURPOSE: AID TO THE NEEDY | $1,000 |
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Disability Allies Inc Woodbridge, NJ | $6,966,940 | $10,816,279 |
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Awakening Sanctuary Inc Burlington, VT | $7,357,011 | $5,820,072 |
Make The Road States Inc Brooklyn, NY | $7,408,251 | $7,425,065 |
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