Transformation Church Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clearwater, FL
- Founding
- 08/1969
- Data as of
- 12/2017
- EIN
- 35-2546736
Organization Overview
Transformation Church Inc is located in Clearwater, FL. The organization was established in 1969. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Transformation Church 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 12/2017, Transformation Church Inc generated $111.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $115.5k during the year ending 12/2017. 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
2017
Describe the Organization's Program Activity:
Part 3
THE GENERAL NATURE OF THE BUSINESS TO BE CONDUCTED BY THE CORPORATION SHALL BE TO PRESERVE, SECURE AND PASS ON TO OUR POSTERITY THE PRINCIPLES OF OUR FAITH, AND TO THE END THIS CHRISTIAN BODY MAY BE GOVERNED IN AN ORDERLY MANNER CONSISTENT WITH THE GENERALLY ACCEPTED PRACTICES OF THE SOUTHERN BAPTIST CHURCHES AND IN ORDER THAT WE MAY PRESERVE THE LIBERTIES INHERENT IN EACH INDIVIDUAL MEMBER OF THIS CHURCH AND PROMOTE THE FREEDOM OF ACTION OF THIS BODY WITH RESPECT TO AND IN RELATION TO OTHER CHURCHES OF LIKE FAITH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Hudgins Pastor/ President | 40 | $31,538 | |
Joseph Walker Treasurer | 20 | $0 | |
Charles Boudreau Secretary | 20 | $0 | |
Timothy Drewett Vice President | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,361 |
| 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 | $111,361 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,390 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $36,733 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,332 |
| Total expenses | $115,455 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | -$4,094 |
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