HOOD WOOD TRANSFORMATION INC

EIN: 814562461 501(c)(3) Employment

MONTGOMERY, AL

Total Revenue
$217,703
Total Expenses
$225,439
Total Assets
$-821
Net Assets
$-7,637
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2019
Principal Officer
TOM DANIELSON
Tax Period
2022-01-01 to 2022-12-31

HOOD WOOD TRANSFORMATION INC, founded in 2019, is a small nonprofit in the Employment sector that reported $218K in total revenue in fiscal year 2022.

Mission

WE TRAIN AND EMPLOY MEN TO MANUFACTURE WOOD PRODUCTS AS WE FOLLOW JESUS THE MASTER CARPENTER IN LEARNING BIBLICAL MANHOOD TO PROMOTE STABLE HOME COMMUNITIES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $35,968
Program Service Revenue $181,735
Investment Income $0
Other Revenue $0
TOTAL REVENUE $217,703

Expense Breakdown

Grants Paid $0
Salaries & Benefits $111,546
Fundraising Expenses $0
Program Expenses $218,989
Other Expenses $113,893
TOTAL EXPENSES $225,439

Year-over-Year Comparison

2022 2021 Change
Revenue $217,703 N/A N/A
Expenses $225,439 N/A N/A
Net Income $-7,736 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

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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
7
Independent Members
N/A
Employees
1
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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM DANIELSON DIRECTOR N/A
Director
$0 $0 $0
LYNN HENRY DIRECTOR N/A
Director
$0 $0 $0
SUSAN BUNCE DIRECTOR N/A
Director
$0 $0 $0
IRVA REED DIRECTOR N/A
Director
$0 $0 $0
DERRELL VAUGHN DIRECTOR N/A
Director
$0 $0 $0
DIANE DANIELSON DIRECTOR N/A
Director
$0 $0 $0
MIKE BUNCE DIRECTOR N/A
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
2022 $217,703 $225,439 $-821 $-7,736
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