TRANSFORMED BY THE WORD INC (EIN 571150058) - 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

2003

Legal Domicile

Principal Officer

JENNIFER KOSTYAL

Phone

9105203805

Tax Period

2023-01-01 to 2023-12-31

TRANSFORMED BY THE WORD INC, founded in 2003, is a small nonprofit in the Human Services sector that reported $360K in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $320K left a modest 11% surplus.

Mission

TO HELP HURTING AND NEEDY CHILDREN IN OUR LOCAL AREA OF WILMINGTON NC AND TO ASSIST SINGLE MOTHERS WITH EXPENSES THAT THEY ARE UNABLE TO MEET FINANCIALLY.

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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 $294,656

Program Service Revenue $65,418

Investment Income $16

Other Revenue $100

TOTAL REVENUE $360,190

Expense Breakdown

Grants Paid $0

Salaries & Benefits $148,557

Fundraising Expenses $0

Program Expenses $97,563

Other Expenses $171,248

TOTAL EXPENSES $319,805

Year-over-Year Comparison

	2023	2022	Change
Revenue	$360,190	$249,019	+0.4%
Expenses	$319,805	$322,968	0.0%
Net Income	$40,385	$-73,949	-1.5%

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

Independent Members

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

Total Directors

$80,050

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER KOSTYAL	EXECUTIVE DI	30.00	Director	$80,050	$0	$80,050
DAVID KOSTYAL	DIRECTOR	1.00	Director	$0	$0	$0
JERROD NIXON	DIRECTOR	1.00	Director	$0	$0	$0
MARLENE NIXON	DIRECTOR	1.00	Director	$0	$0	$0
REV CHRIS NIXON	DIRECTOR	1.00	Director	$0	$0	$0
WHITNEY NIXON	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN HOWARD	SECRETARY	1.00	Officer	$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	$360,190	$319,805	$67,991	$40,385
2022	$249,019	$322,968	$27,309	$-73,949
2021	$352,097	$400,735	$104,962	$-48,638
2020	$329,116	$343,907	$170,613	$-14,791
2019	$288,760	$310,015	$72,193	$-21,255
2018	$252,337	$204,795	$89,455	$47,542
2017	$237,626	$195,823	$55,844	$41,803

TRANSFORMED BY THE WORD INC