Transform Network Inc

EIN: 473762820 501(c)(3) Religion

Charlotte, NC

Total Revenue
$423,855
Total Expenses
$242,775
Total Assets
$213,646
Net Assets
$213,442
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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
2015
Legal Domicile
NC
Principal Officer
Vahisha Hasan
Phone
7042849171
Tax Period
2024-01-01 to 2024-12-31

Transform Network Inc, founded in 2015, is a small nonprofit in the Religion sector that reported $424K in total revenue in fiscal year 2024. The organization ran a surplus of $181K, a strong 43% operating margin.

Mission

Our mission is to resource, train, and mobilize people and communities of faith to discern and join what God is already doing in the world with tranformational church and social justice.

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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 (2024)

Revenue Breakdown

Contributions & Grants $393,965
Program Service Revenue $29,040
Investment Income $0
Other Revenue $850
TOTAL REVENUE $423,855

Expense Breakdown

Grants Paid $7,958
Salaries & Benefits $0
Fundraising Expenses $1,842
Program Expenses $216,360
Other Expenses $234,817
TOTAL EXPENSES $242,775

Year-over-Year Comparison

2024 2023 Change
Revenue $423,855 N/A N/A
Expenses $242,775 N/A N/A
Net Income $181,080 N/A N/A
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

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
3

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
$9,350
Total Directors
3
$33,550
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rev Vahisha Hasan Board Chair/Treasurer 10.00
Officer Director
$9,350 $0 $9,350
Dr Yvette Blair Board Member 5.00
Director
$8,500 $0 $8,500
Ashley Love Board Member 5.00
Director
$15,700 $0 $15,700
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 $423,855 $242,775 $213,646 $181,080
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