Transforming Life Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 545 | 274 | 271 | 11.9 | 0% |
| 2014 | 6,705 | 5,862 | 843 | 2.3 | 0% |
| 2015 | 11,971 | 11,672 | 299 | 1.5 | 0% |
| 2016 | 20,347 | 20,249 | 98 | 0.9 | 14% |
| 2017 | 20,900 | 21,972 | −1,072 | 0.2 | 13% |
| 2018 | 26,228 | 24,589 | 1,639 | 1.0 | 14% |
| 2019 | 9,690 | 11,874 | −2,184 | -0.1 | 5% |
| 2020 | 14,675 | 10,674 | 4,001 | 4.4 | 5% |
| 2021 | 7,500 | 11,067 | −3,567 | 0.4 | 0% |
| 2022 | 26,263 | 22,054 | 4,209 | 2.5 | 0% |
| 2023 | 27,503 | 28,144 | −641 | 1.7 | 16% |
In its most recent public year (2023), this organization spent $641 more than it brought in. Its reserves stood at about 1.7 months of spending, down from 11.9 in 2013. Staff pay was 16% of spending.
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
Transforming Life Ministries Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works