Transforming Congregations Network
EIN: 261906798 · Cordova, TN · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $132K |
| Total Expenses | $36K |
| Net Assets | $92K |
Is Transforming Congregations Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Transforming Congregations Network
Transforming Congregations Network (EIN: 261906798) is a nonprofit organization based in Cordova, TN, classified under NTEE code X20. The organization reported total revenue of $132K and total assets of $178K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Transforming Congregations Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Transforming Congregations Network is a small nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -15.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $36K |
| Surplus / Deficit | +$6K |
| Total Assets | $92K |
| Net Assets | $92K |
| Operating Margin | 13.9% |
| Months of Reserves | 30.9 months |
Financial Health Grade: A
In 2023, Transforming Congregations Network reported a surplus of $6K with revenue exceeding expenses, holds 30.9 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2010–2023), Transforming Congregations Network's revenue has declined at a compound annual growth rate (CAGR) of -15.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.9% | +21.9% | +6.7% |
| 2022 | -77.0% | -85.2% | -24.8% |
| 2019 | -24.4% | +1.6% | -14.3% |
| 2017 | -24.7% | -29.9% | +26.9% |
| 2016 | -24.9% | -35.5% | +22.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Transforming Congregations Network 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 Transforming Congregations Network 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 $6K, with revenue exceeding expenses.
Frequently Asked Questions about Transforming Congregations Network
Is Transforming Congregations Network a legitimate charity?
Transforming Congregations Network (EIN: 261906798) is a registered tax-exempt nonprofit based in Tennessee. It has 9 years of IRS 990 filings on record. Total revenue: $132K. No red flags identified. Financial health grade: A.
How does Transforming Congregations Network spend its money?
Transforming Congregations Network reported $132K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Transforming Congregations Network tax-deductible?
Transforming Congregations Network is registered as a tax-exempt nonprofit (EIN: 261906798). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Transforming Congregations Network located?
Transforming Congregations Network is headquartered in Cordova, Tennessee and files with the IRS under EIN 261906798. It is classified under NTEE code X20.
How many years of IRS 990 filings does Transforming Congregations Network have?
Transforming Congregations Network has 9 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 $132K in total revenue.
Filing History
IRS 990 filing history for Transforming Congregations Network showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2010–2023), Transforming Congregations Network's revenue has declined by 88%, moving from $347K to $42K. Total assets increased by 39.2% over the same period, from $66K to $92K. Total functional expenses fell by 89.1%, from $328K to $36K. In its most recent filing year (2023), Transforming Congregations Network reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $42K | $36K | $92K | $0 | — | — |
| 2022 | $39K | $29K | $86K | $0 | — | View 990 |
| 2019 | $169K | $198K | $114K | $0 | — | View 990 |
| 2017 | $224K | $195K | $134K | $0 | — | View 990 |
| 2016 | $297K | $278K | $105K | $0 | — | View 990 |
| 2015 | $396K | $431K | $86K | $0 | — | View 990 |
| 2014 | $407K | $480K | $118K | $0 | — | View 990 |
| 2013 | $500K | $466K | $190K | $0 | — | View 990 |
| 2010 | $347K | $328K | $66K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $42K, expenses of $36K, and assets of $92K (revenue +6.9% year-over-year).
- 2022: Revenue of $39K, expenses of $29K, and assets of $86K (revenue -77.0% year-over-year).
- 2019: Revenue of $169K, expenses of $198K, and assets of $114K (revenue -24.4% year-over-year).
- 2017: Revenue of $224K, expenses of $195K, and assets of $134K (revenue -24.7% year-over-year).
- 2016: Revenue of $297K, expenses of $278K, and assets of $105K (revenue -24.9% year-over-year).
- 2015: Revenue of $396K, expenses of $431K, and assets of $86K (revenue -2.7% year-over-year).
- 2014: Revenue of $407K, expenses of $480K, and assets of $118K (revenue -18.6% year-over-year).
- 2013: Revenue of $500K, expenses of $466K, and assets of $190K (revenue +44.0% year-over-year).
- 2010: Revenue of $347K, expenses of $328K, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Transforming Congregations Network:
Data Sources and Methodology
This transparency report for Transforming Congregations Network 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.