Transformation Life Center
EIN: 263906467 · Nashville, TN · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $262K |
| Total Expenses | $251K |
| Net Assets | $203K |
Is Transformation Life Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Transformation Life Center
Transformation Life Center (EIN: 263906467) is a nonprofit organization based in Nashville, TN, classified under NTEE code O50. The organization reported total revenue of $262K and total assets of $151K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Transformation Life Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Transformation Life Center is a small nonprofit that has been operating for 16 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 45.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $332K |
| Total Expenses | $251K |
| Surplus / Deficit | +$81K |
| Total Assets | $203K |
| Net Assets | $203K |
| Operating Margin | 24.5% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2023, Transformation Life Center reported a surplus of $81K with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2023), Transformation Life Center's revenue has grown at a compound annual growth rate (CAGR) of 45.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.3% | +175.2% | +65.8% |
| 2022 | +29.4% | -38.5% | +53.4% |
| 2021 | +11.9% | +35.8% | +27.2% |
| 2020 | +167.4% | +94.6% | +184.8% |
| 2019 | +25.4% | +50.8% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Transformation Life Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Transformation Life Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $81K, with revenue exceeding expenses.
Frequently Asked Questions about Transformation Life Center
Is Transformation Life Center a legitimate charity?
Transformation Life Center (EIN: 263906467) is a registered tax-exempt nonprofit based in Tennessee. It has 7 years of IRS 990 filings on record. Total revenue: $262K. No red flags identified. Financial health grade: A.
How does Transformation Life Center spend its money?
Transformation Life Center reported $262K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Transformation Life Center tax-deductible?
Transformation Life Center is registered as a tax-exempt nonprofit (EIN: 263906467). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Transformation Life Center located?
Transformation Life Center is headquartered in Nashville, Tennessee and files with the IRS under EIN 263906467. It is classified under NTEE code O50.
How many years of IRS 990 filings does Transformation Life Center have?
Transformation Life Center has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $262K in total revenue.
Filing History
IRS 990 filing history for Transformation Life Center showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Transformation Life Center's revenue has grown by 856.7%, moving from $35K to $332K. Total assets increased by 1864.8% over the same period, from $10K to $203K. Total functional expenses rose by 929.4%, from $24K to $251K. In its most recent filing year (2023), Transformation Life Center reported a surplus of $81K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $332K | $251K | $203K | $0 | — | View 990 |
| 2022 | $214K | $91K | $123K | $0 | — | — |
| 2021 | $165K | $148K | $80K | $0 | — | View 990 |
| 2020 | $148K | $109K | $63K | $0 | — | View 990 |
| 2019 | $55K | $56K | $22K | $0 | — | View 990 |
| 2018 | $44K | $37K | $23K | $0 | — | View 990 |
| 2017 | $35K | $24K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $332K, expenses of $251K, and assets of $203K (revenue +55.3% year-over-year).
- 2022: Revenue of $214K, expenses of $91K, and assets of $123K (revenue +29.4% year-over-year).
- 2021: Revenue of $165K, expenses of $148K, and assets of $80K (revenue +11.9% year-over-year).
- 2020: Revenue of $148K, expenses of $109K, and assets of $63K (revenue +167.4% year-over-year).
- 2019: Revenue of $55K, expenses of $56K, and assets of $22K (revenue +25.4% year-over-year).
- 2018: Revenue of $44K, expenses of $37K, and assets of $23K (revenue +26.8% year-over-year).
- 2017: Revenue of $35K, expenses of $24K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Transformation Life Center:
Data Sources and Methodology
This transparency report for Transformation Life Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.