Transforming Lives & Restoring Hope Inc
- Assets
- $1.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Roanoke Rapids, NC
- Founding
- 12/2013
- Data as of
- 12/2021
- EIN
- 46-0993622
Organization Overview
Transforming Lives & Restoring Hope Inc is located in Roanoke Rapids, NC. The organization was established in 2013. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Transforming Lives & Restoring Hope 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 12/2021, Transforming Lives & Restoring Hope Inc generated $12.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $13.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonquil R Young Director | 0 | $0 | |
Kelly Barber Director | 0 | $0 | |
Marvin L Mullen Director | 0 | $0 | |
Florence Hampton Director | 0 | $0 | |
Stephanie I Credle President | 0 | $0 | |
Carlon Lassiter Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,282 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,019 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,120 |
| Occupancy, rent, utilities, and maintenance | $6,952 |
| Printing, publications, postage, and shipping | $123 |
| Other expenses | $3,234 |
| Total expenses | $13,429 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $921 |
| Other assets | $0 |
| Total assets | $1,507 |
| Total liabilities | $700 |
| Net assets or fund balances | $807 |
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