Transformation Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 593,116 | 387,498 | 205,618 | 17.8 | 58% |
| 2021 | 1,149,713 | 440,930 | 708,783 | 41.4 | 63% |
| 2022 | 3,611,713 | 619,352 | 2,992,361 | 83.2 | 54% |
| 2023 | 3,049,594 | 736,218 | 2,313,376 | 113.2 | 54% |
| 2024 | 1,568,159 | 1,201,243 | 366,916 | 74.4 | 46% |
In its most recent public year (2024), this organization brought in $366,916 more than it spent. Its reserves stood at about 74.4 months of spending, up from 17.8 in 2020. Staff pay was 46% of spending. $26,139 of its net assets are donor-restricted.
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 2024. 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
Transformation Ministries Inc's IRS filings as a feed — one entry per filing year, through 2024. 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