CENTER FOR TRANSFORMATION TRAINING (EIN 204200261) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

Michelle Livingston Thorstad

Tax Period

2024-01-01 to 2024-12-31

CENTER FOR TRANSFORMATION TRAINING, founded in 2005, is a small nonprofit in the Religion sector that reported $223K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

To help believers who are in need of spiritual, mental, emotional and relational healing experience intimacy with God and one another.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $220,477

Program Service Revenue $0

Investment Income $2,259

Other Revenue $0

TOTAL REVENUE $222,736

Expense Breakdown

Grants Paid $0

Salaries & Benefits $131,156

Fundraising Expenses $0

Program Expenses $226,245

Other Expenses $95,089

TOTAL EXPENSES $226,245

Year-over-Year Comparison

	2024	2023	Change
Revenue	$222,736	$286,281	-0.2%
Expenses	$226,245	$216,641	+0.0%
Net Income	$-3,509	$69,640	-1.1%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Karl Scherman	Vice Chairman	1.00	Director	$0	$0	$0
Chad Johnson	Secretary	1.00	Director	$0	$0	$0
Michelle Livingston Thorstad	CEO	40.00	Officer Director	$0	$0	$0

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	$222,736	$226,245	$309,663	$-3,509
2023	$286,281	$216,641	$314,240	$69,640
2022	$134,168	$199,333	$246,165	$-65,165
2021	$232,075	$157,165	$309,980	$74,910
2020	$349,664	$181,632	$236,840	$168,032

CENTER FOR TRANSFORMATION TRAINING