Turning Point Missions Inc

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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

2014

Legal Domicile

Principal Officer

Thomas A Doane

Phone

6169018687

Tax Period

2024-01-01 to 2024-12-31

Turning Point Missions Inc, founded in 2014, is a small nonprofit in the Human Services sector that reported $101K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $154K exceeded revenue, resulting in a 52% operating deficit.

Mission

TO SPREAD THE GOSPEL TO OTHERS BOTH LOCALLY AND INTERNATIONALLY BY USING CHARITABLE CONTRIBUTIONS AND OTHER FINANCIAL RESOURCES TO FUND HUMANITARIAN PROJECTS.

Program Service Accomplishments

Program 1

Expenses: $140,262

TO COLLECT CONTRIBUTIONS AND DISBURSE FUNDS USED EXCLUSIVELY TO MEET THE RELIGIOUS MINISTRY OBJECTIVES OF TURNING POINT MISSIONS, INC.

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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 $98,823

Program Service Revenue $0

Investment Income $2,214

Other Revenue $0

TOTAL REVENUE $101,037

Expense Breakdown

Grants Paid $14,850

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $140,262

Other Expenses $139,216

TOTAL EXPENSES $154,066

Year-over-Year Comparison

	2024	2023	Change
Revenue	$101,037	$86,044	+0.2%
Expenses	$154,066	$115,890	+0.3%
Net Income	$-53,029	$-29,846	+0.8%

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

N/A

Volunteers

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
DAVE VANDERVEEN	PRESIDENT	001.00	Officer Director	$0	$0	$0
RENEE ZUIDEMA	SECRETARY	001.00	Officer Director	$0	$0	$0
PETER VANDEBRAKE	VICE PRESIDENT	005.00	Officer Director	$0	$0	$0
GREY LARISON	TREASURER	005.00	Officer Director	$0	$0	$0
THOMAS A DOANE	C.E.O.	005.00	Officer 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	$101,037	$154,066	$224,111	$-53,029
2023	$86,044	$115,890	$277,140	$-29,846
2022	$122,711	$74,623	$306,986	$48,088
2021	$174,407	$112,254	$258,898	$62,153
2020	$122,173	$124,757	$196,745	$-2,584
2019	$151,964	$89,131	$199,329	$62,833
2018	$215,475	$150,056	$138,660	$65,419