Overview
What is Transformational Living Homes Inc?
Transformational Living Homes Inc is a nonprofit organization based in Long Beach, California, specifically at POBOX 40045. Their mission is to provide permanent, substance-free supportive housing for adults who struggle to find affordable living arrangements in the Greater Long Beach area. By offering housing throughout the year, they also connect their members with community agencies that focus on improving their mental and physical well-being, ultimately enhancing their quality of life. With a dedicated workforce of 5 employees, Transformational Living Homes Inc aims to make a significant difference in the lives of those they serve.
Official website here: www.transforminglives2007.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Transformational Living Homes Inc has received a two-star rating from Charity Navigator, indicating areas needing improvement. With an overall score of 65%, the organization demonstrates strong community engagement, as evidenced by its perfect scores in culture, feedback collection, and feedback usage. The program expense ratio is notably high at 94.08%, suggesting that a significant majority of resources are directed toward its programs.
However, the organization faces challenges in its financial accountability, reflected in its low accountability and finance score of 58. The liabilities to assets ratio of 74.22% raises concerns about financial stability. While the board is composed entirely of independent members, which is a positive sign of governance, the financial metrics indicate that Transformational Living Homes Inc needs to address these shortcomings to enhance its overall efficacy and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Transformational Living Homes Inc legitimate?
Transformational Living Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transformational Living Homes Inc 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: $383,320
For more financial information, click here
Official website here: www.transforminglives2007.org
What is the mission statement of Transformational Living Homes Inc?
Transformational Living Homes Inc aims to provide permanent supportive housing in a substance-free environment for adults facing challenges in finding affordable living arrangements. The organization's mission extends beyond just housing, as it also offers access to community agencies that help enhance the mental and physical well-being of its members, ultimately improving their quality of life. The goal is to create a supportive community that empowers its residents to overcome their challenges and lead fulfilling lives.
Official website here: www.transforminglives2007.org
What is the revenue of Transformational Living Homes Inc?
Transformational Living Homes Inc's revenue in 2023 was $2,108,057.
Official website here: www.transforminglives2007.org
Who are the executives of Transformational Living Homes Inc and what are their salaries?
The average compensation at Transformational Living Homes Inc during 2023 was $42,591. There are 9 employees at Transformational Living Homes Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.transforminglives2007.org
Where can I find the form 990 for Transformational Living Homes Inc?
Transformational Living Homes Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.transforminglives2007.org
Learn more at the official website: www.transforminglives2007.org
Mission Statement of Transformational Living Homes Inc
Transformational Living Homes Inc, a non-profit organization, is dedicated to providing permanent, supportive housing for adults who are struggling to find affordable living arrangements in various areas. The mission of this organization is threefold: first, it offers housing in a substance-abuse-free environment; second, it provides access to community agencies that aid in the members' mental and physical well-being; and third, it strives to improve the quality of life for these marginalized individuals.
Throughout the year, Transformational Living Homes Inc offers permanent housing solutions, ensuring a stable living environment for those who might otherwise struggle to find one. Furthermore, the organization extends its support by granting access to community resources that cater to the members' mental and physical well-being, thereby enhancing their overall quality of life.
In essence, Transformational Living Homes Inc serves as a beacon of hope for those facing challenges in finding affordable living arrangements. By providing a substance-abuse-free environment and access to essential community resources, the organization empowers its members to rebuild their lives and improve their well-being.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Transformational Living Homes Inc's impact can be seen in the positive change it brings to adults facing challenges in finding affordable living arrangements in Long Beach and surrounding areas. By providing permanent supportive housing in a substance abuse-free environment, this organization helps marginalized individuals improve their quality of life. Through access to community agencies that assist with mental and physical well-being, Transformational Living Homes Inc plays a crucial role in supporting its members and fostering a healthier, more stable living situation.
This information is meant to be a general summary of Transformational Living Homes Inc. 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 2023.
- Investment Income: $112
- Program Service Revenue: $1,901,082
- Gross Receipts: $2,108,057
Assets and Liabilities:
- Total Assets: $573,901
- Total Liabilities: $426,002
- Net Assets: $147,899
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER MOVE IN FEES
Revenue
$3,302
PROGRAM FEES CLIENTS FEES
Revenue
$397,837
LATE MEMBER FEES
Revenue
$252
SUBCONTRACTOR FEES PROG INCOME
Revenue
$1,332,928
PROPERTY MANAGEMENT CARSON REV
Revenue
$145,200
Organization Details
Founding Year
2008
Principal Officer
Constance Gilkie
NTEE Category
Code: F33 - Mental health
If you are a representative of Transformational Living Homes Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.