Transformed By Love Ministries is located in Brainerd, MN. The organization was established in 2018. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transformed By Love Ministries 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, Transformed By Love Ministries generated $65.0k 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 (9.2%) each year. All expenses for the organization totaled $51.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
TO CREATE AN ENVIRONMENT THAT IS CONDUCIVE TO AN ENCOUNTER WITH JESUS CHRIST AND PROVIDE THE MEANS BY WHICH ONE CAN NURTURE AND GROW IN A RELATIONSHIP WITH JESUS CHRIST TO ENABLE AN ONGOING TRANSFORMATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chad Knudson President | 0.5 | $0 | |
Rachel Vopatek Vice Preside | 0.5 | $0 | |
Ellen Cherne Treasurer | 0.5 | $0 | |
Erica Parrish Secretary | 0.5 | $0 | |
Beau Braun Director | 0.5 | $0 | |
Linda Roberts Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $52,579 |
Total Program Service Revenue | $12,405 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $64,984 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $400 |
Occupancy, rent, utilities, and maintenance | $7,069 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $44,163 |
Total expenses | $51,632 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $32,463 |
Other assets | $0 |
Total assets | $32,463 |
Total liabilities | $0 |
Net assets or fund balances | $32,463 |