TRANSFORMATION MINISTRIES INC (EIN 823641234) - 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

2019

Legal Domicile

Principal Officer

REDGINA HILL

Phone

5747374020

Tax Period

2023-07-01 to 2024-06-30

TRANSFORMATION MINISTRIES INC, founded in 2019, is a community nonprofit in the Religion sector that reported $1.6M in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $367K, a strong 23% operating margin.

Mission

WE SEEK TO TRANSFORM THE HEARTS AND MINDS OF URBAN YOUTH AND THEIR FAMILIES WHILE CONNECTING OTHERS TO THE CITY IN A POSITIVE WAY.

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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 $1,546,262

Program Service Revenue $1,800

Investment Income $23,022

Other Revenue $-2,925

TOTAL REVENUE $1,568,159

Expense Breakdown

Grants Paid $4,250

Salaries & Benefits $637,866

Fundraising Expenses $104,158

Program Expenses $793,758

Other Expenses $559,127

TOTAL EXPENSES $1,201,243

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,568,159	$3,049,594	-0.5%
Expenses	$1,201,243	$736,218	+0.6%
Net Income	$366,916	$2,313,376	-0.8%

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

200

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

$90,775

Total Directors

$90,775

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KORY LANTZ	EXECUTIVE DI	40.00	Officer Director	$88,775	$2,000	$90,775
TERRY BLEY	VICE PRESIDE	0.38	Officer Director	$0	$0	$0
MARGIE HELMUTH	TREASURER	0.38	Officer Director	$0	$0	$0
REDGINA HILL	PRESIDENT	0.38	Officer Director	$0	$0	$0
MARK LANTZ	BOARD MEMBER	0.38	Director	$0	$0	$0
STEPHEN LOVE	BOARD MEMBER	0.38	Director	$0	$0	$0
RYAN MACK	BOARD MEMBER	0.38	Director	$0	$0	$0
GIL MICHEL	BOARD MEMBER	0.38	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
2025	No data	No data	No data	No data
2024	$1,568,159	$1,201,243	$7,450,508	$366,916
2023	$3,049,594	$736,218	$6,946,622	$2,313,376
2022	$3,611,713	$619,352	$4,293,130	$2,992,361
2021	$1,149,713	$440,930	$1,519,790	$708,783
2020	$593,116	$387,498	$574,776	$205,618

TRANSFORMATION MINISTRIES INC