Transformation Life Center
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$346,100.00
Projected Expenses
$267,400.00
Organizational Budgets and Other Documents
| TLC Projected Budget | 2024 |
| TLC Projected Budget 2023 | 2023 |
| TLC Projected Budget 2022 | 2022 |
| Projected Budget | 2020 |
IRS Letter of Exemption
| IRS Letter of Determination | 2010 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $332,341.00 | $213,931.00 | $165,282.00 |
| Total Expenses | $251,006.00 | $172,906.00 | $148,190.00 |
| Revenue Less Expenses | $81,335.00 | $41,025.00 | $17,092.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $244,409.00 | $176,873.00 | $165,282.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $0.00 | $0.00 | $0.00 |
| Investment Income, Net of Losses | $0.00 | $0.00 | $0.00 |
| Membership Dues | $3,000.00 | $0.00 | $0.00 |
| Special Events | $84,932.00 | $37,058.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $150,710.00 | $108,222.00 | $0.00 |
| Administration Expense | $0.00 | $64,684.00 | $0.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 221% | 124% | |
| Program Expense/Total Expenses | 100% | 63% | |
| Fundraising Expense/Contributed Revenue | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $244,409.00 | Contributions, Gifts, and Grants $176,873.00 | Contributions, Gifts, and Grants $165,282.00 |
| Second Highest Funding Source & Dollar Amount | Fundraising Events $84,932.00 | Fundraising Events $37,058.00 | $0.00 |
| Third Highest Funding Source & Dollar Amount | Membership Dues $3,000.00 | $0.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $203,475.00 | $122,728.00 | $79,985.00 |
| Current Assets | $203,475.00 | $122,728.00 | $79,985.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $0.00 | $0.00 | $0.00 |
| Total Net Assets | $203,475.00 | $122,728.00 | $79,985.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2025
Form 990s
| TLC Form 990 | 2023 |
| TLC Form 990 | 2022 |
| TLC 990_2021 | 2021 |
| TLC 990 | 2020 |
| Form 990 | 2019 |
| Form 990 | 2018 |
| Form 990 | 2017 |
Audit Documents
No audit documents are available at this time
Foundation Staff Comments
| Financials taken from the Form 990. Form 990 was prepared Jennings & Associates LLC. Comments provided by Hayley Sulfridge 6/20/24. |
