Turning Point Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 188,473 | 148,228 | 40,245 | 5.7 | 24% |
| 2021 | 538,990 | 400,798 | 138,192 | 6.3 | 35% |
| 2022 | 379,292 | 376,073 | 3,219 | 6.8 | 44% |
| 2023 | 495,381 | 295,804 | 199,577 | 16.7 | 32% |
In its most recent public year (2023), this organization brought in $199,577 more than it spent. Its reserves stood at about 16.7 months of spending, up from 5.7 in 2020. Staff pay was 32% of spending. $10,223 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
Turning Point Community Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works