Transformation Ministries Inc
- Assets
- $5.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madisonville, KY
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-8290110
Organization Overview
Transformation Ministries Inc is located in Madisonville, KY. The organization was established in 2007. According to its NTEE Classification (P46) the organization is classified as: Family Counseling, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transformation Ministries 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 12/2022, Transformation Ministries Inc generated $34.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $48.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
PERSONAL, MARITAL, FAMILY COUNSELING, GROUP SEMINARS, WORKSHOPS, RETREAT LEADERSHIP: 681 INDIVIDUALS, 48 COUPLES, 4 FAMILIES, AND 127 GROUP SESSIONS CONDUCTED, FOR A TOTAL OF 866 CONTACTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C D Palmer President | 1 | $0 | |
Pat Dew Secretary | 1 | $0 | |
Michael Garrigan Director | 1 | $0 | |
Gwen Todd Director | 1 | $0 | |
Robert White Director | 1 | $0 | |
Franklin Stevenson Executive Director/ceo | 40 | $5,189 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,595 |
| Total Program Service Revenue | $13,714 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,309 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,782 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $8,043 |
| Printing, publications, postage, and shipping | $3,631 |
| Other expenses | $772 |
| Total expenses | $48,528 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,849 |
| Other assets | $0 |
| Total assets | $5,849 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,849 |