Transformation Inc is located in Charlottesville, VA. The organization was established in 2007. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transformation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Transformation Inc generated $28.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (28.8%) each year. All expenses for the organization totaled $40.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (22.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TRANSFORMATION, INC. PROVIDED COUNSELING SERVICES FOR OVER 120 INDIVIDUALS, MARRIED COUPLES, FAMILIES OR CHURCHES, REGARDLESS OF THEIR ABILITY TO PAY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Christopher S Martin President | 0 | $0 | |
Janet C Lohr Secretary | 0 | $0 | |
Stephen M Assink Director | 0 | $0 | |
Karen L Williamson Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $24,718 |
Total Program Service Revenue | $3,309 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $28,027 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $22,886 |
Professional fees and other payments to independent contractors | $1,124 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $240 |
Other expenses | $16,484 |
Total expenses | $40,734 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $11,976 |
Other assets | $0 |
Total assets | $14,963 |
Total liabilities | $1,271 |
Net assets or fund balances | $13,692 |