VICTORY TRANSFORMATION INC

EIN: 300770399 501(c)(3) Human Services

OSWEGO, NY

Total Revenue
$497,444
Total Expenses
$252,238
Total Assets
$364,583
Net Assets
$237,591
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NY
Principal Officer
CASMIR USIATYNSKI
Phone
3154026908
Tax Period
2023-01-01 to 2023-12-31

VICTORY TRANSFORMATION INC, founded in 2021, is a small nonprofit in the Human Services sector that reported $497K in total revenue in fiscal year 2023. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $245K, a strong 49% operating margin.

Mission

Our MissionMission Statement-Victory Transformation is a ministry that helps the homeless and those with critical care needs. We give people a hand up-not a handout. We provide Christian life skills and discipleship to build a foundation necessary to maintain successful and empowered living. Through our ministry, people stay connected t Victory giving the Victory Community an opportunity to provide continued help and support with a goal of self-sufficiency and productivity.

Program Service Accomplishments

Program 1
Expenses: $12,616 Revenue: $17,662

Advocacy/Life Coaching Services:We provide Christian Life Coaching and problem solving to help improve quality of life for individuals and families. Advocates assist with critical needs such as...

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Advocacy/Life Coaching Services:We provide Christian Life Coaching and problem solving to help improve quality of life for individuals and families. Advocates assist with critical needs such as medical emergencies, food or heat emergencies, finding housing or anything that compromises basic needs. The CRITICAL NEEDS component is a large part of what we do.

Program 2
Expenses: $12,616 Revenue: $17,662

Critical Needs:Victory will help with emergency housing, partial security deposits and HUD applications. We will help people get to food pantries and link people with other resources in the community...

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Critical Needs:Victory will help with emergency housing, partial security deposits and HUD applications. We will help people get to food pantries and link people with other resources in the community and we will bridge the gap until those links are made. We will do what is necessary to help empower people and help them to be self sufficient.

Program 3
Expenses: $201,775 Revenue: $282,595

Victory House and Emergency Housing Initiative:This initiative provides short term, immediate housing to individuals who are homeless and who are NOT actively using drugs/alcohol. The program will...

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Victory House and Emergency Housing Initiative:This initiative provides short term, immediate housing to individuals who are homeless and who are NOT actively using drugs/alcohol. The program will provide housing services to all people who are homeless so that they are in safe and affordable permanent or transitional housing within an average of 30 days. The Victory House is a supervised men's house in Oswego used for emergency housing. Housing is found through already existing avenues and landlords that we work with.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $74,916
Program Service Revenue $422,528
Investment Income $0
Other Revenue $0
TOTAL REVENUE $497,444

Expense Breakdown

Grants Paid $0
Salaries & Benefits $97,255
Fundraising Expenses $0
Program Expenses $252,238
Other Expenses $154,983
TOTAL EXPENSES $252,238

Year-over-Year Comparison

2023 2022 Change
Revenue $497,444 $288,774 +0.7%
Expenses $252,238 $304,609 -0.2%
Net Income $245,206 $-15,835 -16.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
29
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
1
$51,450
Total Directors
5
$51,450
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ED MEMBER 20.00
Officer Director
$51,450 $0 $51,450
ANNMARIE KING TREASURER 15.00
Director
$0 $0 $0
CASMIR USIATYNSKI PRESIDENT 10.00
Director
$0 $0 $0
Chris Demars MEMBER 5.00
Director
$0 $0 $0
Theresa Wilkins SECRETARY 5.00
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 No data No data No data No data
2023 $497,444 $252,238 $364,583 $245,206
2022 $288,774 $304,609 $207,221 $-15,835
2020 $214,522 $215,804 $219,785 $-1,282
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