VICTORY TRANSFORMATION INC (EIN 300770399) - 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

2021

Legal Domicile

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

Mission 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.

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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 (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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

N/A

Independent Members

N/A

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

$51,450

Total Directors

$51,450

Key Employees

Highest Compensated

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

VICTORY TRANSFORMATION INC