Transforming Lives Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 81,365 | 59,257 | 22,108 | 4.5 | — |
| 2015 | 67,174 | 78,674 | −11,500 | 1.6 | — |
| 2016 | 87,710 | 86,118 | 1,592 | 1.7 | — |
| 2017 | 53,835 | 54,313 | −478 | 2.6 | — |
| 2018 | 46,576 | 48,658 | −2,082 | 2.4 | — |
| 2019 | 40,308 | 47,411 | −7,103 | 3.2 | — |
| 2020 | 44,750 | 65,831 | −21,081 | 0.4 | — |
| 2021 | 74,826 | 54,477 | 20,349 | 4.9 | — |
| 2022 | 25,263 | 37,913 | −12,650 | 3.1 | — |
| 2023 | 22,177 | 30,467 | −8,290 | 0.6 | — |
In its most recent public year (2023), this organization spent $8,290 more than it brought in. Its reserves stood at about 0.6 months of spending, down from 4.5 in 2014.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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