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Indiana · Nonprofit

TRANSFORMATION MINISTRIES INC

TRANSFORMATION MINISTRIES INC (Indiana) receives grants from 23 organizations whose IRS filings report $2,657,907 to it, the largest being ASANTE FOUNDATION INC ($756,650). 16 of them have funded it in more than one year.

Revenue FY2025
$1.8M
Funders on record
23
Grants received
$2.7M
Net assets
$7.9M
16/23 repeat funderspeak grant-dependency 25%
01What it does

What Transformation Ministries Inc does

Mission

We seek to transform the hearts and minds of urban youth and their families while connecting others to the city in a positive way.

As stated on its FY2025 Form 990.

Programs

  1. Iron sharpens iron (isi) - we exist to see the youth leaders of the south bend community become positive influencers who challenge, encourage, and sharpen their peers, their families, and their community. We believe that heavily investing in a small number of students at a very deep level will produce greater long-term benefits. Isi served 111 students in the year ending june 30, 2023.

    $437,359 spent$1,186 earned by the program
    98% of program spending
  2. Summer skills academy - the summer skills academy provides youth in the south bend area with loving relationships in a safe environment during summer break. Youth are able to pick a learning track, participate in group activities, receive two daily meals, participate in small group mentoring, and go on field trips. Ultimately, we desire for everyone to experience the hope and love that jesus offers. Summer skills served 20 students in the year ending june 30, 2023.

    $8,548 spent
    2% of program spending
  3. Scholarships - the organization provides a one year scholarship of 500 for any iron sharpens iron participant who graduates high school and chooses to attend college. Four scholarships were awarded during the year ending june 30, 2023.

    $2,000 spentof which $2,000 as grants
    0% of program spending
  4. City light kids (clk) is a program for elementary students that meets weekly after school, throughout the school year. Clk fosters an environment of belonging and offers a space for each student to be known and accepted, providing a unique support system that comes alongside students, their immediate family, and the school system. During the course of a clk gathering, students will play, participate in life skills and enrichment activities, receive academic support, and share in a family style meal. 35 people participated in this program in the year ending june 30, 2023.

The 4 programs described on its FY2022 Form 990, listed largest first by expense. Program spending in total: $447,907.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($593k) Expenses 100 ($387k) Net assets 100 ($575k)2021 Revenue 194 ($1.1M) Expenses 114 ($441k) Net assets 264 ($1.5M)2022 Revenue 609 ($3.6M) Expenses 160 ($619k) Net assets 747 ($4.3M)2023 Revenue 514 ($3.0M) Expenses 190 ($736k) Net assets 1209 ($6.9M)2024 Revenue 264 ($1.6M) Expenses 310 ($1.2M) Net assets 1296 ($7.5M)2025 Revenue 295 ($1.8M) Expenses 355 ($1.4M) Net assets 1382 ($7.9M)
202020212022202320242025
Revenue (295)Expenses (355)Net assets (1382)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.5M to $4.3M (+182%).

$575k
$1.5M
$4.3M
$6.9M
$7.5M
$8.0M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 13% · 2021 0%. Grants only. Government contracts and fees sit inside program revenue.

98% of TRANSFORMATION MINISTRIES INC’s revenue is contributions — more donation-reliant than the typical peer (90% for the typical peer).

This organization
Typical peer · 2,744 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$206k
’20
$709k
’21
$3.0M
’22
$2.3M
’23
$367k
’24
$377k
’25
2.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202020212022202320242025
Listed558988
Joined·+0+3+1+0+0
No longer listed·00010
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 11 funders, grant income rose $25k → $673k.

11 of 23 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 40% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of TRANSFORMATION MINISTRIES INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

TRANSFORMATION MINISTRIES INC has a broad base — no single funder exceeds 28% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

57% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TRANSFORMATION MINISTRIES INC.

28%
largest funder
53%
top three
~7
effective funders

Largest funder’s share by year: 2018 100% · 2019 53% · 2020 49% · 2021 37% · 2022 37% · 2023 52% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

75% of TRANSFORMATION MINISTRIES INC's funders are still giving 3 years after their first grant; 70% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

86% of TRANSFORMATION MINISTRIES INC's grant income comes from Indiana funders.

IN
CA

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $1.1M arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

TRANSFORMATION MINISTRIES INC has grown faster than three-quarters of the 1,325 religion nonprofits its size.

Operating margin22% · above the median
Months of reserve2.1mo · below the median
Revenue growth (annualized)24% · top quartile

this organization peer median middle 50% of peers· 1,325 religion nonprofits $1M–$10M, FY2025

Organizations like TRANSFORMATION MINISTRIES INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

59% of spending goes to programs.

Program 59%Management 24%Fundraising 17%

Governance

8
board members
88%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

83%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 1 related entity

  • Greater Impact Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for TRANSFORMATION MINISTRIES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TRANSFORMATION MINISTRIES INC?
TRANSFORMATION MINISTRIES INC (Indiana) receives grants from 23 organizations whose IRS filings report $2,657,907 to it, the largest being ASANTE FOUNDATION INC ($756,650). 16 of them have funded it in more than one year.
How many funders does TRANSFORMATION MINISTRIES INC have?
IRS filings report 23 organizations giving $2,657,907 in grants to TRANSFORMATION MINISTRIES INC, 16 of which have funded it in more than one year.
Who is the largest funder of TRANSFORMATION MINISTRIES INC?
ASANTE FOUNDATION INC is the largest funder on record, with $756,650 in grants. The full list of funders is on this page.
How can an organization like TRANSFORMATION MINISTRIES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Transformation Ministries →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 23 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing