TRANSFORMATION LIFE CENTER INC (EIN 141763422) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

STEPHEN YOUNG

Phone

8457068727

Tax Period

2024-01-01 to 2024-12-31

TRANSFORMATION LIFE CENTER INC, founded in 1992, is a small nonprofit in the Religion sector that reported $810K in total revenue in fiscal year 2024. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $131K, a strong 16% operating margin.

Mission

Faith-based ministry for men and women who are struggling with life addiction and harmful and impeding problems

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $810,487

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $810,487

Expense Breakdown

Grants Paid $0

Salaries & Benefits $125,783

Fundraising Expenses $0

Program Expenses $679,622

Other Expenses $553,839

TOTAL EXPENSES $679,622

Year-over-Year Comparison

	2024	2023	Change
Revenue	$810,487	$445,521	+0.8%
Expenses	$679,622	$554,928	+0.2%
Net Income	$130,865	$-109,407	-2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$18,000

Total Directors

$51,534

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT IVINS	EXECUTIVE DIRECTOR	40	Director	$14,265	$0	$14,265
RICHARD	BOARD MEMBER	1	Officer	$18,000	$0	$18,000
DANIEL CAMPAGNS	EXECUTIVE DIRECTOR	1	Director	$25,369	$0	$25,369
MARK LETERI	EXCUTIVE	1	Director	$11,900	$0	$11,900

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$810,487	$679,622	$4,071,185	$130,865
2023	$445,521	$554,928	$3,948,137	$-109,407
2022	$439,120	$461,522	$3,581,437	$-22,402
2018	$298,838	$346,593	$3,478,834	$-47,755

TRANSFORMATION LIFE CENTER INC