Transformation Prayer Foundation
EIN: 651276685 · Albuquerque, NM · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $90K |
| Total Expenses | $61K |
| Net Assets | $2K |
Is Transformation Prayer Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Transformation Prayer Foundation
Transformation Prayer Foundation (EIN: 651276685) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code X20. The organization reported total revenue of $90K and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Transformation Prayer Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Transformation Prayer Foundation is a micro nonprofit that has been operating for 20 years, with 7 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $61K |
| Surplus / Deficit | $-828 |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | -1.4% |
| Months of Reserves | 0.3 months |
Financial Health Grade: C
In 2024, Transformation Prayer Foundation reported a deficit of $828 with expenses exceeding revenue, holds 0.3 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2012–2024), Transformation Prayer Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -12.7% | -6.5% | -84.9% |
| 2023 | -44.8% | -48.6% | +51.7% |
| 2022 | +50.7% | +41.2% | -33.9% |
| 2015 | +12.5% | -53.7% | -36.4% |
| 2014 | -67.1% | +119.7% | -88.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Transformation Prayer Foundation 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 Prayer Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $828, with expenses exceeding revenue.
Frequently Asked Questions about Transformation Prayer Foundation
Is Transformation Prayer Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Transformation Prayer Foundation (EIN: 651276685) insufficient data. 0 red flags identified, 0 strengths noted.
How does Transformation Prayer Foundation spend its money?
Detailed spending breakdown data is not yet available for Transformation Prayer Foundation. Check back for updated IRS 990 analysis.
Are donations to Transformation Prayer Foundation tax-deductible?
Transformation Prayer Foundation is registered as a tax-exempt nonprofit (EIN: 651276685). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Transformation Prayer Foundation located?
Transformation Prayer Foundation is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 651276685. It is classified under NTEE code X20.
How many years of IRS 990 filings does Transformation Prayer Foundation have?
Transformation Prayer Foundation 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 $90K in total revenue.
Filing History
IRS 990 filing history for Transformation Prayer Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2024), Transformation Prayer Foundation's revenue has grown by 53.9%, moving from $39K to $60K. Total assets increased by 62.9% over the same period, from $962 to $2K. Total functional expenses rose by 48.4%, from $41K to $61K. In its most recent filing year (2024), Transformation Prayer Foundation reported a deficit of $828, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $60K | $61K | $2K | $0 | — | View 990 |
| 2023 | $69K | $65K | $10K | $0 | — | View 990 |
| 2022 | $125K | $127K | $7K | $0 | — | View 990 |
| 2015 | $83K | $90K | $10K | $2K | — | View 990 |
| 2014 | $74K | $194K | $16K | $0 | — | View 990 |
| 2013 | $224K | $88K | $136K | $0 | — | View 990 |
| 2012 | $39K | $41K | $962 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $60K, expenses of $61K, and assets of $2K (revenue -12.7% year-over-year).
- 2023: Revenue of $69K, expenses of $65K, and assets of $10K (revenue -44.8% year-over-year).
- 2022: Revenue of $125K, expenses of $127K, and assets of $7K (revenue +50.7% year-over-year).
- 2015: Revenue of $83K, expenses of $90K, and assets of $10K (revenue +12.5% year-over-year).
- 2014: Revenue of $74K, expenses of $194K, and assets of $16K (revenue -67.1% year-over-year).
- 2013: Revenue of $224K, expenses of $88K, and assets of $136K (revenue +473.0% year-over-year).
- 2012: Revenue of $39K, expenses of $41K, and assets of $962.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Transformation Prayer Foundation:
Data Sources and Methodology
This transparency report for Transformation Prayer Foundation 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.