Turning Point Endowment Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 1,825,040 | 21 | 1,825,019 | 1042868.0 | 0% |
| 2018 | 14,858 | 4,033 | 10,825 | 5304.4 | 0% |
| 2019 | 7,006,427 | 1,663,121 | 5,343,306 | 51.8 | 0% |
| 2020 | 16,576,350 | 106,452 | 16,469,898 | 2650.9 | 0% |
| 2021 | 19,493,649 | 276,819 | 19,216,830 | 2086.6 | 0% |
| 2022 | 12,624,532 | 398,791 | 12,225,741 | 1683.0 | 0% |
| 2023 | 1,980,990 | 498,704 | 1,482,286 | 1467.2 | 0% |
In its most recent public year (2023), this organization brought in $1,482,286 more than it spent. Its reserves stood at about 1467.2 months of spending, down from 1042868 in 2017. Staff pay was 0% of spending.
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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