Overview
What is Life Transforming Ministries?
Life Transforming Ministries is a nonprofit organization situated in Coatesville, Pennsylvania. With a modest workforce of ten individuals, their primary mission is to foster reconciliation and unity within the community of Coatesville by collaborating with local churches and government entities. They do this through a humble and servant-like approach. In addition, Life Transforming Ministries offers free tax preparation assistance to low and moderate-income households, including those with disabilities, limited English proficiency, families, and older taxpayers. Their services extend to individuals with basic tax returns, aiming to make the tax filing process more accessible for those who might otherwise struggle with it.
Official website here: www.quietrevolution.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Stars
Life Transforming Ministries has achieved a 76% overall score, which translates into a Three-Star rating, primarily reflecting its strong performance in accountability and finance. The organization boasts a fully independent board, with all ten members meeting this criterion, and it has shown no material diversion of assets, indicating a solid financial integrity.
Strengths highlighted in the rating include a high program expense ratio of 84.59%, suggesting that a significant portion of its expenditures directly supports its programs. Additionally, the organization maintains a favorable liabilities to assets ratio of 3.06%, demonstrating sound financial management. However, the absence of key policies such as a conflict of interest policy and a whistleblower policy raises concerns about governance practices.
While Life Transforming Ministries shows commendable strengths in financial accountability, the missing governance policies could benefit from improvement to enhance transparency and trustworthiness further. Overall, the organization displays responsible financial practices, but addressing its policy gaps could lead to a stronger rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Life Transforming Ministries legitimate?
Life Transforming Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Transforming Ministries submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $223,446
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Official website here: www.quietrevolution.org
What is the mission statement of Life Transforming Ministries?
Life Transforming Ministries operates in an advisory capacity, working with churches and local government, to foster reconciliation and unity among their communities. They accomplish this objective through demonstrating Christ-like servanthood and humility. The organization's mission is to contribute to this cause, aiming to bring people together and promote harmony within their communities. In addition to their advisory role, Life Transforming Ministries also provides free tax preparation assistance to low and moderate-income households, including individuals with disabilities, limited English proficiency, families, and older taxpayers.
Official website here: www.quietrevolution.org
Who is the CEO of Life Transforming Ministries?
William Shaw is the Executive Di of Life Transforming Ministries.
Official website here: www.quietrevolution.org
What is the revenue of Life Transforming Ministries?
Life Transforming Ministries's revenue in 2022 was $461,291.
Official website here: www.quietrevolution.org
Who are the executives of Life Transforming Ministries and what are their salaries?
The average compensation at Life Transforming Ministries during 2022 was $22,345. There are 10 employees and 115 volunteers at Life Transforming Ministries.
Here are 7 key members and their salaries:
- Compensation: $63,400
- Related: $0
- Other: $10,657
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.quietrevolution.org
Where can I find the form 990 for Life Transforming Ministries?
Life Transforming Ministries's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.quietrevolution.org
Learn more at the official website: www.quietrevolution.org
Mission Statement of Life Transforming Ministries
Life Transforming Ministries, as an organization, operates with a mission to serve in an advisory network capacity with churches and government entities within and around Coatesville, Pennsylvania. Their primary goal is to foster reconciliation and unity among these groups through demonstrating Christ-like servanthood and humility. By working collaboratively, Life Transforming Ministries aims to bring about a sense of unity and harmony within the community.
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Impact
July, 2024
Life Transforming Ministries is making a significant impact in Coatesville, PA by working with churches and government entities to promote reconciliation and unity through a Christ-like approach of servanthood and humility. They provide vital services such as free tax preparation assistance to low and moderate-income households, individuals with disabilities, limited English proficiency, families, and older taxpayers. Through their mission, they are actively fostering positive change and support within the community, helping individuals and families navigate financial challenges and promoting a sense of unity and understanding among diverse groups.
This information is meant to be a general summary of Life Transforming Ministries. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $530
- Gross Receipts: $461,291
Assets and Liabilities:
- Total Assets: $417,812
- Total Liabilities: $6,880
- Net Assets: $410,932
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Organization Details
Founding Year
1999
Phone
(610) 384-5393Principal Officer
William Shaw
Main Address
PO BOX 29, COATESVILLE, PA, 19320
Website
www.quietrevolution.orgNTEE Category
Code: X21 - Religion related
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