Overview
What is Transforming Lives Community Development Corporation?
Transforming Lives Community Development Corporation (TLCDC) is a nonprofit organization situated in Baltimore, Maryland, specifically at 6020 Martin Drive. Their primary mission is to positively impact individuals' lives by offering educational empowerment, healthcare enrichment, and humanitarian improvement experiences. During the pandemic, TLCDC, in collaboration with partners, has been providing essential food resources to approximately 7,500 families and over 16,500 individuals at New Psalmist Baptist Church. Their initiatives encompass serving fresh produce and shelf-stable food to those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
Transforming Lives Community Development Corporation has achieved a solid rating of 84%, reflecting a strong performance primarily in the area of Accountability & Finance. The organization boasts a perfect score in several key categories, including having a fully independent board of directors, no material diversion of assets, and a 96.13% program expense ratio, indicating that a significant majority of its funding is directed towards its mission.
The nonprofit's commitment to governance is highlighted by its 100% independent board members, which enhances transparency and oversight. The presence of comprehensive policies, such as a whistleblower policy and document retention and destruction policy, further underscores its dedication to accountability. Additionally, the organization maintains a favorable liabilities to assets ratio of 0%, suggesting financial stability.
Despite its strengths, the rating is based solely on financial metrics, which means that aspects such as program effectiveness or community impact are not evaluated in this score. This limitation suggests potential areas for growth in demonstrating the tangible outcomes and benefits of the services the organization provides. Overall, Transforming Lives Community Development Corporation shows a strong financial health profile.
This AI summary has been generated from information found on Charity Navigator.
Is Transforming Lives Community Development Corporation legitimate?
Transforming Lives Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transforming Lives Community Development Corporation 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: $0
For more financial information, click here
What is the mission statement of Transforming Lives Community Development Corporation?
The Transforming Lives Community Development Corporation's mission is centered around assisting individuals in improving their lives. This is achieved through three key areas: educational empowerment, healthcare enrichment, and humanitarian improvement experiences. The organization strives to facilitate transformative experiences that enable people to better their lives. During the pandemic, they have been actively involved in providing fresh produce and shelf-stable food to over 7,500 families and 16,500 individuals through partnerships and services on New Psalmist Baptist Church's campus.
Who is the CEO of Transforming Lives Community Development Corporation?
Tyrone Adams is the Executive Director of Transforming Lives Community Development Corporation.
What is the revenue of Transforming Lives Community Development Corporation?
Transforming Lives Community Development Corporation's revenue in 2022 was $166,317.
Who are the executives of Transforming Lives Community Development Corporation and what are their salaries?
There 9 volunteers at Transforming Lives Community Development Corporation.
Here are 9 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
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Transforming Lives Community Development Corporation?
Transforming Lives Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Transforming Lives Community Development Corporation
Transforming Lives Community Development Corporation, or TLCDC, is an organization dedicated to assisting individuals in transforming their lives. This is achieved through three key areas: educational empowerment, healthcare enrichment, and humanitarian improvement experiences. By providing opportunities in these areas, TLCDC aims to help people elevate their living standards and lead more fulfilling lives.
During the pandemic, TLCDC and its partners have taken significant steps to support the community. They have established a food pantry on the campus of New Psalmist Baptist Church, providing fresh produce and shelf-stable food to over 7,500 families and over 16,500 individuals. This initiative demonstrates TLCDC's commitment to addressing basic needs and ensuring that individuals and families have access to essential resources during challenging times.
In summary, TLCDC's mission is focused on empowering individuals to improve their lives through education, healthcare, and humanitarian efforts. By addressing fundamental needs and offering opportunities for growth and development, TLCDC seeks to create a positive impact on the lives of those it serves.
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
October, 2024
Transforming Lives Community Development Corporation significantly impacts the Baltimore community by empowering individuals to enhance their lives through education, healthcare, and humanitarian initiatives. They operate a food pantry that has served over 7,500 families and more than 16,500 individuals, providing essential fresh produce and shelf-stable food, especially during the pandemic. By addressing food insecurity and facilitating access to resources, they contribute to the well-being and stability of families in the area, fostering a healthier and more supportive community. Through their multifaceted programs, Transforming Lives Community Development Corporation actively promotes educational opportunities and improves healthcare access, ultimately striving for a transformative effect on the lives they touch.
This information is meant to be a general summary of Transforming Lives Community Development Corporation. 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.
- Gross Receipts: $166,317
Assets and Liabilities:
- Total Assets: $96,669
- Total Liabilities: $1,150
- Net Assets: $95,519
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2014
Phone
(410) 979-6290Principal Officer
Tyrone Adams
Main Address
6020 Martin Drive, Baltimore, MD, 21215
NTEE Category
Code: P20 - Human services
If you are a representative of Transforming Lives Community Development Corporation 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.