TRANSFORMATION 1040 INC (EIN 471782547) - 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

BIJU THOMAS

Phone

6305805663

Tax Period

2024-01-01 to 2024-12-31

TRANSFORMATION 1040 INC, founded in 2014, is a small nonprofit in the International Affairs sector that reported $547K in total revenue in fiscal year 2024. Revenue surged 131% from the prior year, signaling strong growth momentum. Expenses of $518K left a modest 5% surplus.

Mission

OUR DESIRE IS TO TRANSFORM EVERY VILLAGE IN NORTHERN INDIA WITH THE GOSPEL BY PARTNERING THE GLOBAL CHURCH WITH INDIGENOUS CHURCH PLANTERS ENGAGED IN HOLISTIC COMMUNITY DEVELOPMENT.

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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 $546,599

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $546,599

Expense Breakdown

Grants Paid $415,000

Salaries & Benefits $77,508

Fundraising Expenses $6,319

Program Expenses $415,000

Other Expenses $25,177

TOTAL EXPENSES $517,685

Year-over-Year Comparison

	2024	2023	Change
Revenue	$546,599	$236,471	+1.3%
Expenses	$517,685	$381,836	+0.4%
Net Income	$28,914	$-145,365	-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

$72,000

Total Directors

$72,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BIJU THOMAS	Pres/Exec Dir	30.00	Officer Director	$72,000	$0	$72,000
NORMAN JAMESON	Chairman	1.00	Officer Director	$0	$0	$0
CHAD LINGERFELT	VCE CHR & TREAS	1.00	Officer Director	$0	$0	$0
JAYSON WEST	Director	1.00	Director	$0	$0	$0
MAUREEN BRAVO	Director	1.00	Director	$0	$0	$0
BOB JONES	Secretary	1.00	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	$546,599	$517,685	$179,188	$28,914
2023	$236,471	$381,836	$149,861	$-145,365
2022	$317,785	$451,545	$294,840	$-133,760
2021	$638,618	$298,746	$429,306	$339,872
2020	$197,992	$193,549	$88,743	$4,443
2019	$236,404	$240,365	$84,268	$-3,961
2018	$273,947	$273,112	$88,213	$835

TRANSFORMATION 1040 INC