Turning Point Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,995,071 | 3,776,809 | 218,262 | 12.6 | 64% |
| 2021 | 5,476,246 | 4,581,636 | 894,610 | 12.7 | 56% |
| 2022 | 5,477,495 | 5,384,804 | 92,691 | 11.0 | 49% |
| 2023 | 6,038,973 | 6,382,726 | −343,753 | 8.6 | 48% |
In its most recent public year (2023), this organization spent $343,753 more than it brought in. Its reserves stood at about 8.6 months of spending, down from 12.6 in 2020. Staff pay was 48% of spending. $144,177 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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