Victory Transformation INC

Tax-deductible

Oswego, NY501(c)(3)Human ServicesEIN 30-0770399Revenue $789K in FY2024

On file with the IRSvictorytransformation.com24 E Oneida St, 13126-2640 · Oswego, NYTax-exempt since Nov 2014Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Mission Statement-Victory Transformation is a ministry that helps the homeless and those with critical care needs. We give people a hand up-not a handout. We provide Christian life skills and discipleship to build a foundation necessary to maintain successful and empowered living. Through our ministry, people stay connected t Victory giving the Victory Community an opportunity to provide continued help and support with a goal of self-sufficiency and productivity.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $120K a year · 27% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
9 mo
of spending, in cash
Looks good: 8.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $52K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$108K
18% of total assets
Looks good: liabilities are 18% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$789K
+59% vs prior year
Spent
$535K
To programs
100%
Net assets
$491K
By yearFY2019–FY2024
Revenue
$789K
FY2024▲ +59%
Tap a bar for its year
Revenue by fiscal year
FY2019$176K
FY2020$215K
FY2021$198K
FY2022$289K
FY2023$497K
FY2024$789K
Expenses
$535K
FY2024▲ +112%
Tap a bar for its year
Expenses by fiscal year
FY2019Not on file
FY2020$216K
FY2021Not on file
FY2022$305K
FY2023$252K
FY2024$535K
Net assets
$491K
FY2024▲ +107%
Tap a bar for its year
Net assets by fiscal year
FY2019$56K
FY2020$2K
FY2021$70K
FY2022$55K
FY2023$238K
FY2024$491K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $535K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Ed’s $51K as Member is at the 39th percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Victory Transformation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides Christian life skills and discipleship to help homeless and critically ill individuals achieve self-sufficiency.

Questions for Victory Transformation INC

Tap to ask. Victory Transformation INC sees how many people are interested.

Your first name shows with your question. Victory Transformation INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $481K · in their own filed words · FY2024
01

Victory House and Emergency Housing Initiative

This initiative provides short term, immediate housing to individuals who are homeless and who are NOT actively using drugs/alcohol. The program will provide housing services to all people who are homeless so that they are in safe and affordable permanent or transitional housing within an average of 30 days.

$428Kprogram expense
02

Advocacy/Life Coaching Services

We provide Christian Life Coaching and problem solving to help improve quality of life for individuals and families. Advocates assist with critical needs such as medical emergencies, food or heat emergencies, finding housing or anything that compromises basic needs. The CRITICAL NEEDS component is a large part of what we do.

$27Kprogram expense
03

Critical Needs

Victory will help with emergency housing, partial security deposits and HUD applications. We will help people get to food pantries and link people with other resources in the community and we will bridge the gap until those links are made. We will do what is necessary to help empower people and help them to be self sufficient.

$27Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$52K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$789K
Ln 12
Fees for servicesLn 2g$637K
Gifts and grantsLn 1h$152K
Money outPt IX
$535K
Ln 25
Programscol B$535K
Owns and owesPt X
$491K
net assets · Ln 32
Cash and savingsLn 1–2$392K
Total assetsLn 16$600K
LiabilitiesLn 26$108K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$152K
Fees for servicesLn 2g$637K
Total revenueLn 12$789K
Assets in detailPt X, end of year
CashLn 1$392K
Cash and savings togetherLn 1–2$392K
Land, buildings, equipmentLn 10c$190K
Other assetsLn 15$14K
Total assetsLn 16$600K
LiabilitiesLn 26$108K
Net assetsLn 32$491K
OperationsPt I, VI
EmployeesI 529
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$172K$392K
Land, buildings, equipmentLn 10c$190K$190K
Total assetsLn 16$365K$600K
LiabilitiesLn 26$127K$108K
Net assetsLn 32$238K$491K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$284K$284K
Payroll taxesLn 10$37K$37K
Legal feesLn 11b$193$193
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$2K$2K
TravelLn 17$1K$1K
InterestLn 20$8K$8K
InsuranceLn 23$22K$22K
Other expenses (24a–d)Ln 24$161K$161K
All other expensesLn 24e$20K$20K
Total functional expensesLn 25$535K$535K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $789K$535K$254K$491K 990 PDF
FY2023 $497K$252K$245K$238K 990 PDF
FY2022 $289K$305K−$16K$55K 990 PDF
FY2021 $198K$70K 990 PDF
FY2020 $215K$216K−$1K$2K 990 PDF
FY2019 $176K$56K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $788,639 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $74,916$151,641
I-9 Program service revenuePrior year $422,528$636,998
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $497,444$788,639
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $97,255$320,255
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $154,983$214,493
I-18 Total expensesPrior year $252,238$534,748
I-19 Revenue less expensesPrior year $245,206$253,891
Part VI · Governance 2 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $788,639 across 4 lines filed
Lines not itemized here account for $21 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$151,641
VIII-1h Total contributions, gifts and grants$151,641
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $636,977$636,977
VIII-12 Total revenueRelated to mission $636,977 · Unrelated business $21 · Excluded from tax $0$788,639
Part IX · Statement of functional expenses $534,748 across 10 lines filed
IX-7 Other salaries and wagesPrograms $283,572$283,572
IX-10 Payroll taxesPrograms $36,683$36,683
IX-11b Legal feesPrograms $193$193
IX-12 Advertising and promotionPrograms $1,732$1,732
IX-13 Office expensesPrograms $1,593$1,593
IX-17 TravelPrograms $1,211$1,211
IX-20 InterestPrograms $7,752$7,752
IX-23 InsurancePrograms $21,857$21,857
IX-24 Other expenses (24a–d)Programs $160,638$160,638
IX-24e All other expensesPrograms $19,517$19,517
IX-25 Total functional expensesPrograms $534,748 · Management $0 · Fundraising $0$534,748
Part X · Balance sheet $599,621 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $171,816$392,174
X-8 Inventories for sale or use$4,145
X-10c Land, buildings and equipment, netStart of year $189,500$189,500
X-15 Other assetsStart of year $3,267$13,802
X-16 Total assetsStart of year $364,583$599,621
X-25 Other liabilitiesStart of year $1,287$1,438
X-26 Total liabilitiesStart of year $126,992$108,139
X-32 Total net assets or fund balancesStart of year $237,591$491,482
X-33 Total liabilities and net assetsStart of year $364,583$599,621
Part XI · Reconciliation of net assets $491,482 net assets at year end
XI-1 Total revenue$788,639
XI-2 Total expenses$534,748
XI-3 Revenue less expenses$253,891
XI-4 Net assets at start of year$237,591
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$491,482

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.