TRANSFORMATION NETWORK INC (EIN 341947227) - 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

1999

Legal Domicile

Principal Officer

SAM KLINE

Phone

4192071188

Tax Period

2023-01-01 to 2023-12-31

TRANSFORMATION NETWORK INC, founded in 1999, is a community nonprofit in the Housing & Shelter sector that reported $3.6M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

WE PROVIDE HOPE AND PRACTICAL ASSISTANCE WITH COMPASSIONATE ACCOUNTABILITY TO HELP PEOPLE OVERCOME LIFE CONTROLLING ISSUES THROUGH THE POWER OF JESUS CHRIST. PREPARING MEN AND WOMEN ON GOVERNMENT ASSISTANCE PROGRAMS AND THOSE RE-ENTERING SOCIETY FROM THE JAILS AND PRISONS TO BE TRAINED FOR MEANINGFUL EMPLOYMENT.

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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 $267,432

Program Service Revenue $3,259,640

Investment Income $3,847

Other Revenue $33,194

TOTAL REVENUE $3,564,113

Expense Breakdown

Grants Paid $85,200

Salaries & Benefits $3,106,108

Fundraising Expenses $0

Program Expenses $3,328,892

Other Expenses $597,855

TOTAL EXPENSES $3,789,163

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,564,113	$4,006,865	-0.1%
Expenses	$3,789,163	$4,408,457	-0.1%
Net Income	$-225,050	$-401,592	-0.4%

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

484

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

$76,568

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAM KLINE	PRESIDENT	0.75	Officer Director	$0	$0	$0
BRENT BRINKERHOFF	TRUSTEE	0.75	Director	$0	$0	$0
GREG MCFARLIN	TRUSTEE	0.75	Director	$0	$0	$0
BRAD WISE	TRUSTEE	0.75	Director	$0	$0	$0
WAYNE MULLET	EXECUTIVE DI	40.00	Officer	$76,568	$0	$76,568

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	$3,564,113	$3,789,163	$2,387,401	$-225,050
2022	$4,006,865	$4,408,457	$2,510,720	$-401,592
2021	$5,246,234	$4,735,376	$2,721,068	$510,858
2020	$5,697,041	$4,551,070	$2,633,141	$1,145,971
2019	$5,484,394	$5,268,710	$1,537,429	$215,684
2018	$5,592,755	$5,391,383	$1,654,502	$201,372

TRANSFORMATION NETWORK INC