Transformation Church Inc
Nonprofit profile at a glance
- EIN
- 352546736
- IRS 990-EZ coverage
- 2017–2017
- Forms available
- Form 990-EZ 2017
- Location
- Clearwater, FL, USA
- Phone
- 7276086350
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $111,361
- Expenses
- $115,455
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- THOMAS HUDGINS (Pastor/ President)
- TIMOTHY DREWETT (Vice President)
People named in this filing
- THOMAS HUDGINS (Pastor/ President)
- TIMOTHY DREWETT (Vice President)
- JOSEPH WALKER (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The general nature of the business to be conducted by the corporation shall be to preserve, secure and pass on to our posterity the principles of our faith, and to the end this Christian body may be governed in an orderly manner consistent with the generally accepted practices of the Southern Baptist churches and in order that we may preserve the liberties inherent in each individual member of this church and promote the freedom of action of this body with respect to and in relation to other churches of like faith.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 18
- Transparency & Controls: 82
- Sustainability: 13
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 17.6%; rating input score 18
- Program expense ratio: 17%; rating input score 17
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3.7%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 27.3%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 17.6% of revenue deployed · 17% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $20K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 18/100.
- High — Financial Efficiency: Program expense ratio scored 17/100.
- High — Sustainability: Operating margin scored 24/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 14/100.