Community Transformers Foundation is located in Chester, VA. The organization was established in 2018. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Transformers Foundation 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 12/2022, Community Transformers Foundation generated $129.2k in total revenue. All expenses for the organization totaled $98.3k during the year ending 12/2022. While expenses have increased by 254.7% per year over the past 5 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Rogers Med Board Chair | 5 | $0 | |
Nathan Thomas Ba Board Member | 3 | $0 | |
Kimberly Barrow Msa Secretary | 5 | $0 | |
Thurman Thomas Ms Board Member | 3 | $0 | |
Anesia Newton Bolling MBA Board Member | 3 | $0 | |
Amanda Becker Msw Lcsw Bpard Chair | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $129,172 |
| Total Revenue | $129,172 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $958 |
| Taxes | $544 |
| Depreciation | $2,251 |
| Occupancy | $12,912 |
| Travel, conferences, and meetings | $2,725 |
| Printing and publications | $0 |
| Other expenses | $78,684 |
| Total operating and administrative expenses | $98,274 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $98,274 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,738 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $15,342 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $25,815 |
| Other assets | $0 |
| Total assets | $60,895 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $18,824 |
| Other liabilities | $2 |
| Total liabilities | $18,826 |