TRANSFORMATION HEALTH NETWORK (EIN 465000811) - 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

2014

Legal Domicile

Principal Officer

ANTON SMITH

Phone

8083652297

Tax Period

2024-01-01 to 2024-12-31

TRANSFORMATION HEALTH NETWORK, founded in 2014, is a community nonprofit in the Health Care sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 6% surplus.

Mission

TRANSFORMATION HEALTH NETWORK (THN) IS ORGANIZED TO PROVIDE HEALTHCARE, EDUCATION AND ASSISTANCE TO THE UNDERSERVED AND OR UNDERPRIVILEGED BY ESTABLISHING MODELS OF HEALTHCARE INTEGRATING THE HIGHEST QUALITY OF SCIENTIFIC MEDICAL PRACTICE WITH CHRISTIAN PRINCIPLES SUCH AS PRAYER AND COUNSELING.

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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 $7,500

Program Service Revenue $1,139,190

Investment Income $644,728

Other Revenue $-117,065

TOTAL REVENUE $1,674,353

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,253,767

Fundraising Expenses $0

Program Expenses $1,256,944

Other Expenses $316,289

TOTAL EXPENSES $1,570,056

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,674,353	$1,366,765	+0.2%
Expenses	$1,570,056	$1,922,415	-0.2%
Net Income	$104,297	$-555,650	-1.2%

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

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

$172,711

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONALD TREDWAY	CHAIRMAN	2.00	Officer Director	$0	$0	$0
DANNY KIM	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ELIJAH YAP	SECRETARY	2.00	Officer Director	$0	$0	$0
NELSON KANEMOTO	TREASURER	2.00	Director	$0	$0	$0
METUI VEISAUYADRA	DIRECTOR	2.00	Director	$0	$0	$0
CRAIG CHONG	DIRECTOR	2.00	Director	$0	$0	$0
ANTON SMITH	CEO	20.00	Officer	$172,711	$0	$172,711

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	$1,674,353	$1,570,056	$415,047	$104,297
2023	$1,366,765	$1,922,415	$1,071,252	$-555,650
2022	$2,332,276	$3,101,433	$1,275,955	$-769,157
2021	$2,905,354	$2,515,687	$2,073,249	$389,667

TRANSFORMATION HEALTH NETWORK