Transformation Network
- Assets
- $2.7m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 636
- Location
- Ashland, OH
- Founding
- 07/2001
- Data as of
- 12/2021
- EIN
- 34-1947227
Organization Overview
Transformation Network is located in Ashland, OH. The organization was established in 2001. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Transformation Network employed 636 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transformation Network 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 Network generated $5.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $4.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE HOPE AND PRACTICAL ASSISTANCE WITH COMPASSIONATE ACCOUNTABILITY TO HELP PEOPLE OVERCOME LIFE CONTROLLING ISSUES THROUGH THE POWER OF JESUS CHRIST. PREPARING MEN AND WOMEN ON GOVERNMENT ASSISTANCE PROGRAMS AND THOSE RE-ENTERING SOCIETY FROM THE JAILS AND PRISONS TO BE TRAINED FOR MEANINGFUL EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SECURING, MAINTAINING AND RETENTION OF EMPLOYMENT FOR HIGH RISK INDIVIDUALS. LIBERTY'S DOOR PROGRAM-BIBLICALLY BASED PROGRAM INTENDED TO MOVE FORMERLY IMPRISONED PEOPLE OFF WELFARE BY PREPARING THEM FOR EMPLOYMENT AND THE RETENTION OF EMPLOYMENT. THE WORK EXPERIENCE PROGRAM IS A COMPONENT OF THE OHIO WORKS FIRST INITIATIVE OF THE OHIO DEPARTMENT OF JOB AND FAMILY SERVICES. HELPING WELFARE RECIPIENTS BECOME EMPLOYED AND SELF-SUFFICIENT OCCURS THROUGH THE WORK EXPERIENCE PROGRAM BY LINKING THESE INDIVIDUAL RECIPIENTS WITH LOCAL BUSINESSES IN NEED OF LABOR RESOURCES. BASIC LITERACY EDUCATION FOR EMPLOYMENT GEARED TO INDIVIDUALS WITH NO HIGH SCHOOL EDUCATION. TOO LITTLE NOT TOO LATE FOCUSES ON INDIVIDUALS WITH LITTLE OR NO WORK EXPERIENCE.
LOW COST HOUSING - 1 MONTH STAYS
FAMILY LIFE SKILLS TRAINING IN ADDITION TO TECHNICAL AND DEVELOPMENTAL TRAINING, THE TRANSFORMATION NETWORK ALSO FOCUSES ON IMPROVING THE SOFT SKILL SET OF OUR JOB SEEKERS THROUGH DEVELOPMENTAL TRAINING. WE UNDERSTAND THE NEED FOR ENTRY-LEVEL EMPLOYEES TO POSSESS REAL LIFE SKILLS, WHICH MANY OF THEM LACK BEFORE ENTERING OUR PROGRAM. WHETHER IT'S WORKING TOGETHER AS A TEAM, CONFLICT MANAGEMENT, OR COMMUNICATION, THE TRANSFORMATION NETWORK'S PROVEN CURRICULUM WILL HELP IMPROVE THE SKILLS OF PROGRAM PARTICIPANTS. OUR COMMUNITY TECH CENTER (CTC) OFFERS A CAREER EXPLORATION AND ASSESSMENT FACILITY THAT WAS DESIGNED TO PROVIDE A HANDS-ON LEARNING ENVIRONMENT FOR INDIVIDUALS SEEKING TO DEVELOP NEW SKILLS NECESSARY FOR A CAREER IN MANUFACTURING, AS WELL AS MANUFACTURERS SEEKING A TRAINING OPTION FOR THEIR CURRENT AND FUTURE WORKFORCE. TRANSFORMATION NETWORK ALSO FOCUSES ON IMPROVING THE SOFT SKILL SET AND LEADERSHIP OF OUR JOB SEEKERS, EMPLOYEES AND THOSE ALREADY EMPLOYED AT A LOCAL MANUFACTURER, THROUGH DEVELOPMENTAL TRAINING. WE UNDERSTAND THE NEED FOR EMPLOYEES TO POSSESS REAL LIFE SKILLS, WHICH MANY OF THEM LACK BEFORE ENTERING OUR PROGRAM. THE PURPOSE AND GOAL IS TO DEVELOP AND IMPLEMENT A STRATEGY THAT ENCOURAGES EMPLOYEE ENGAGEMENT, WHILE PROVIDING OPPORTUNITIES FOR EMPLOYEES TO ADVANCE THEIR CAREERS BY PROVIDING LEADERSHIP PATHWAYS AT ALL LEVELS OF EMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Kline President | OfficerTrustee | 0.57 | $0 |
Brent Brinkerhoff Trustee | Trustee | 0.38 | $0 |
Greg Mcfarlin Trustee | Trustee | 0.38 | $0 |
Kelly Smith Executive Di | Officer | 40 | $81,369 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $939,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,146 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $943,646 |
| Total Program Service Revenue | $4,292,229 |
| Investment income | $877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,825 |
| Net Gain/Loss on Asset Sales | -$25,625 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,246,234 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $85,337 |
| 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. | $72,804 |
| Compensation of current officers, directors, key employees. | $72,804 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,654,911 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $303,545 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,500 |
| 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 | $6,665 |
| Advertising and promotion | $106,034 |
| Office expenses | $17,161 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $127,308 |
| Travel | $13,968 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,412 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,392 |
| Insurance | $123,107 |
| All other expenses | $26,291 |
| Total functional expenses | $4,735,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,239,738 |
| Savings and temporary cash investments | $100 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $319,055 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $69,755 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,144 |
| Net Land, buildings, and equipment | $1,076,821 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,455 |
| Total assets | $2,721,068 |
| Accounts payable and accrued expenses | $8,235 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $70,682 |
| Total liabilities | $78,917 |
| Net assets without donor restrictions | $2,642,151 |
| 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 | $2,721,068 |
Grants Awarded
Over the last fiscal year, Transformation Network has awarded $66,666 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
STAND FOR TRUTH INCDBA LIFEWISE ACADEMY PURPOSE: ORGANIZATION SUPPORT | $33,333 |
FAITH FUND | | | $33,333 |