Civic Intelligence

Transforming Life Ministries Inc.

990 • Fiscal year 2016 • EIN 46-3793411

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 06, 2017

4841 Stillwell RdWilmington, NC 28412

(910) 616-6419

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • NTEE X99 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • NTEE X99 • <$500k nonprofits • Source year 2016

Net Margin

49th percentile

0.5%

Higher net margin than 49% of similar nonprofits.

2016 filings • NTEE X99 • <$500k nonprofits • Source year 2016

Top Officer Pay

78th percentile

$2,885

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 14.2% of source-year revenue.

2016 filings • NTEE X99 • <$500k nonprofits • Source year 2016

Asset Growth

53rd percentile

6.9%

Faster asset growth than 53% of similar nonprofits.

2016 filings • NTEE X99 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

81st percentile

70%

Faster revenue growth than 81% of similar nonprofits.

2016 filings • NTEE X99 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,511

Up $98 (+6.9%) from 2015

Net Assets

Up

$1,511

Up $98 (+6.9%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$20,347

Up $8,376 (+70%) from 2015

Expenses

Up

$20,249

Up $8,577 (+73%) from 2015

Net Income

Down

$98

Down $201 (-67%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2016

Assets$1,511
Liabilities$0
Net Assets$1,511

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$20,347
Expenses$20,249
Net Income$98
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 6, 2017
Return Version
2016v3.0
Gross Receipts
$20,347
Mission and Program Overview

Mission

Life transformation ministry

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,413$1,511▲ $98
Cash and Non-Interest-Bearing Accounts$1,413$1,031▼ $382
Savings and Temporary Cash Investments-$480-
Total Assets$1,413$1,511▲ $98
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,413$1,511▲ $98
Total Liabilities and Net Assets / Fund Balance$1,413$1,511▲ $98
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John M HobbsPrincipal OfficerFT$2,885$2,885
Revenue and Support

Revenue Composition

Contributions and Grants
$20,347
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$20,347
Change in Net Assets
$98
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,659
Salaries, Compensation, and Employee Benefits$2,885
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$13,705--$13,705
Current Officers, Directors, Trustees, and Key Employees$2,885--$2,885
Occupancy$2,387--$2,387
Fees for Services Other$716--$716
Other Expenses$307--$307
Office Expenses$249--$249
Total Functional Expenses$20,249$0$0$20,249
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
Backup withholding compliance
Yes
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
Address
4841 STILLWELL RD, WILMINGTON, NC 28412

Signing Officer

Name
John M Hobbs
Title
President
Phone
9106166419
Signed
2017-04-06
Discuss with paid preparer
Yes

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
Raw XML Appendix239 raw XML fields

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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ReturnHeader/TaxYr02016

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Filings