TURNING POINT MINISTRIES INC (EIN 352321648) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

SHELBY WILLIAMS

Phone

4058775737

Tax Period

2024-01-01 to 2024-12-31

TURNING POINT MINISTRIES INC, founded in 2008, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring.

Mission

BUILD AFFORDABLE HOUSING FOR LOWER INCOME CLIENTS THAT HAVE WORKED DILIGENTLY TO IMPROVE THEIR SUCCESS AS HOMEOWNERS, MANY FOR THE FIRST TIME.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $221,765

Program Service Revenue $745,000

Investment Income $0

Other Revenue $77,635

TOTAL REVENUE $1,044,400

Expense Breakdown

Grants Paid $0

Salaries & Benefits $133,410

Fundraising Expenses $32,662

Program Expenses $1,056,743

Other Expenses $1,008,517

TOTAL EXPENSES $1,141,927

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,044,400	$1,613,463	-0.4%
Expenses	$1,141,927	$1,300,160	-0.1%
Net Income	$-97,527	$313,303	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

119

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER LANDES	TREASURER	5.00	Director	$0	$0	$0
STEVE MOREY	HCA REPRESEN	1.00	Officer Director	$0	$0	$0
ANDY FUGITT	VICE PRESIDE	0.50	Officer Director	$0	$0	$0
THOMAS WILKINSON	BOARD MEMBER	0.50	Director	$0	$0	$0
SHELBY WILLIAMS	PRESIDENT	0.50	Officer Director	$0	$0	$0
AMY BAKER	CLIENT RELAT	4.00	Director	$0	$0	$0
SCOTT JAVAHERI	CONSTRUCTION	N/A	Director	$0	$0	$0
JOEL SHAFFER	INSURANCE	1.25	Director	$0	$0	$0
HALL SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
RACHEL FENTON	BOARD MEMBER	0.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,044,400	$1,141,927	$1,510,204	$-97,527
2023	$1,613,463	$1,300,160	$1,607,731	$313,303
2022	$426,886	$501,688	$1,294,428	$-74,802
2021	$713,478	$634,971	$1,392,358	$78,507
2020	$487,492	$569,402	$1,290,723	$-81,910
2019	$374,489	$352,519	$1,361,620	$21,970
2018	$596,439	$656,001	$1,345,655	$-59,562

TURNING POINT MINISTRIES INC