Turning Point Ministries of West Kentucky Inc

EIN: 463555145 501(c)(3) Religion

Murray, KY

Total Revenue
$171,274
Total Expenses
$31,020
Total Assets
$10,748
Net Assets
$10,748
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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
2013
Legal Domicile
KY
Phone
2702272675
Tax Period
2020-07-01 to 2021-06-30

Turning Point Ministries of West Kentucky Inc, founded in 2013, is a small nonprofit in the Religion sector that reported $171K in total revenue in fiscal year 2020. The organization ran a surplus of $140K, a strong 82% operating margin.

Mission

Our mission is to increase awareness and educate about addiction and recovery, facilitate reconciliation between families and within the church setting, and provide financial assistance and after care to men seeking faith-based treatment and recovery.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $17,624
Program Service Revenue $21,346
Investment Income $132,304
Other Revenue $0
TOTAL REVENUE $171,274

Expense Breakdown

Grants Paid $2,250
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $29,223
Other Expenses $28,770
TOTAL EXPENSES $31,020

Year-over-Year Comparison

2020 2019 Change
Revenue $171,274 N/A N/A
Expenses $31,020 N/A N/A
Net Income $140,254 N/A N/A
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

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Governance

Voting Members
7
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Holly Cherry President 1.00
Officer Director
$0 $0 $0
David Taylor Vice President 1.00
Officer Director
$0 $0 $0
Rick Murdock Secretary 1.00
Officer Director
$0 $0 $0
Rhonda Henderson Treasurer 1.00
Officer Director
$0 $0 $0
Paul Gross Director 1.00
Director
$0 $0 $0
Jereme Rose Director 1.00
Director
$0 $0 $0
Richard Jones Director 1.00
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
2021 $171,274 $31,020 $10,748 $140,254
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