Civic Intelligence

Transforming Life Ministries

EIN 46-3793411 • 501(c)3 • Wilmington, NC

Profile

Life transformation ministry

4841 Stillwell RdWilmington, NC 28412
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

84th percentile

0.22x

Higher debt load relative to assets than 84% of similar nonprofits.

NTEE X99 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.04x

Higher debt load relative to revenue than 81% of similar nonprofits.

NTEE X99 • <$500k nonprofits • Source year 2024

Net Margin

43rd percentile

1.8%

Higher net margin than 43% of similar nonprofits.

NTEE X99 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE X99 • <$500k nonprofits • Source year 2024

Asset Growth

75th percentile

37%

Faster asset growth than 75% of similar nonprofits.

NTEE X99 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

9.1%

Faster revenue growth than 63% of similar nonprofits.

NTEE X99 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$5,706

Up $1,532 (+37%) from 2023

Liabilities

Up

$1,261

Up $983 (+354%) from 2023

Net Assets

Up

$4,445

Up $549 (+14%) from 2023

Operations
Liabilities / Revenue81st percentileNet Margin43rd percentile

Revenue

Up

$30,007

Up $2,504 (+9.1%) from 2023

Expenses

Up

$29,458

Up $1,314 (+4.7%) from 2023

Net Income

Up

$549

Up $1,190 (+186%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth75th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0K$4.0K$2.0K$0-$2.0KAssets 2013: $271Liabilities 2013: $0Net Assets 2013: $2712013Assets 2014: $1,114Liabilities 2014: $0Net Assets 2014: $1,1142014Assets 2015: $1,413Liabilities 2015: $0Net Assets 2015: $1,4132015Assets 2016: $1,511Liabilities 2016: $0Net Assets 2016: $1,5112016Assets 2017: $439Liabilities 2017: $0Net Assets 2017: $4392017Assets 2018: $2,349Liabilities 2018: $271Net Assets 2018: $2,0782018Assets 2019: -$106Liabilities 2019: $0Net Assets 2019: -$1062019Assets 2020: $4,032Liabilities 2020: $137Net Assets 2020: $3,8952020Assets 2021: $328Liabilities 2021: $0Net Assets 2021: $3282021Assets 2022: $4,537Liabilities 2022: $0Net Assets 2022: $4,5372022Assets 2023: $4,174Liabilities 2023: $278Net Assets 2023: $3,8962023Assets 2024: $5,706Liabilities 2024: $1,261Net Assets 2024: $4,4452024

Highlighted filing

2024

Assets$5,706
Liabilities$1,261
Net Assets$4,445
Open 2024 Filing

Operations Trend

Revenue Growth63rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40K$30K$20K$10K$0-$10KRevenue 2013: $545Expenses 2013: $274Net Income 2013: $2712013Revenue 2014: $6,705Expenses 2014: $5,862Net Income 2014: $8432014Revenue 2015: $11,971Expenses 2015: $11,672Net Income 2015: $2992015Revenue 2016: $20,347Expenses 2016: $20,249Net Income 2016: $982016Revenue 2017: $20,900Expenses 2017: $21,972Net Income 2017: -$1,0722017Revenue 2018: $26,228Expenses 2018: $24,589Net Income 2018: $1,6392018Revenue 2019: $9,690Expenses 2019: $11,874Net Income 2019: -$2,1842019Revenue 2020: $14,675Expenses 2020: $10,674Net Income 2020: $4,0012020Revenue 2021: $7,500Expenses 2021: $11,067Net Income 2021: -$3,5672021Revenue 2022: $26,263Expenses 2022: $22,054Net Income 2022: $4,2092022Revenue 2023: $27,503Expenses 2023: $28,144Net Income 2023: -$6412023Revenue 2024: $30,007Expenses 2024: $29,458Net Income 2024: $5492024

Highlighted filing

2024

Revenue$30,007
Expenses$29,458
Net Income$549
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,706
Liabilities
$1,261
Net assets
$4,445
Revenue
$30,007
Expenses
$29,458
Net income
$549
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.71$1.26$4.45$30.0$29.5$0.55
2023Detailed filing. Detailed filing data is available for this year.$4.17$0.28$3.90$27.5$28.1$0.64
2022Detailed filing. Detailed filing data is available for this year.$4.54$0.00$4.54$26.3$22.1$4.21
2021Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$7.50$11.1$3.57
2020Detailed filing. Detailed filing data is available for this year.$4.03$0.14$3.90$14.7$10.7$4.00
2019Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$9.69$11.9$2.18
2018Detailed filing. Detailed filing data is available for this year.$2.35$0.27$2.08$26.2$24.6$1.64
2017Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$20.9$22.0$1.07
2016Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$20.3$20.2$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$12.0$11.7$0.30
2014Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$6.71$5.86$0.84
2013Summary only. Only limited summary data is available for this year.$0.27$0.00$0.27$0.55$0.27$0.27
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 1, 2025
Return Version
2024v5.1
Gross Receipts
$30,007
Mission and Program Overview

Mission

Life transformation ministry

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,169$5,701▲ $1,532
Rtn Earn Endowment Incm Other Fnds$3,896$4,445▲ $549
Savings and Temporary Cash Investments$5$5→ $0
Total Assets$4,174$5,706▲ $1,532
Liabilities
Accounts Payable and Accrued Expenses$278$1,261▲ $983
Total Liabilities$278$1,261▲ $983
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,896$4,445▲ $549
Total Liabilities and Net Assets / Fund Balance$4,174$5,706▲ $1,532
Compensation and Service Providers
Top Officer Pay79th percentile

Board Members and Trustees

NameTitle
John M HobbsPrincipal Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$30,000
Program Service Revenue
$0
Investment Income
$7
Other Revenue
$0
All Other Contributions
$30,000
Change in Net Assets
$549
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,795
Salaries, Compensation, and Employee Benefits$6,210
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$15,453--$15,453
Occupancy$6,346--$6,346
Current Officers, Directors, Trustees, and Key Employees$5,769--$5,769
Other Expenses$599--$599
Fees for Services Accounting$500--$500
Payroll Taxes$441--$441
Travel$176--$176
Office Expenses$174--$174
Total Functional Expenses$29,458$0$0$29,458
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“Form 990 reviewed before filing”

Governing documents etc available to public Part VI line 19

“Documents available for review upon public request”

Filing and Contact Details

Filer

Filer Name
Transforming Life Ministries
EIN
46-3793411
In Care Of
% JOHN HOBBS
Phone
9106166419
Address
4841 STILLWELL RD, WILMINGTON, NC 28412

Signing Officer

Name
John Hobbs
Title
President
Phone
9106166419
Signed
2025-05-01
Discuss with paid preparer
No

Organization Details

Principal Officer
John M Hobbs Minister
Formed
2013
Legal Domicile
Nc
Voting Board Members
1
Independent Board Members
1
Employees
0

Preparer

Firm
Davis Associates Company
Address
PO BOX 41, SNEADS FERRY, NC 28460-0041
Preparer
Mack D Davis Jr Ea
Phone
9103273757
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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