U-TURN (EIN 541771281) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

KEVIN SALMINEN

Phone

8043582775

Tax Period

2023-07-01 to 2024-06-30

U-Turn Inc, founded in 1996, is a small nonprofit in the Education sector that reported $821K in total revenue in fiscal year 2018. Revenue surged 35% from the prior year, signaling strong growth momentum. Net assets of $4.0M represent 59 months of operating reserves.

Mission

U-TURN IS A COMMUNITY DEVOTED TO ELEVATING LIVES (THROUGH ATHLETICS, COMMUNITY PROGRAMMING, EVENTS AND NONPROFIT DEVELOPMENT). U-TURN ALSO PROVIDES OFFICE AND MEETING SPACE TO ORGANIZATIONS THAT ALIGNS WITH U-TURN'S CORE VALUES INCLUDING CHURCHES, PARA-CHURCH MINISTRIES AND FOR-PROFIT ORGANIZATIONS.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $54,511

Investment Income $630,513

Other Revenue $50,329

TOTAL REVENUE $735,353

Expense Breakdown

Grants Paid $1,750,000

Salaries & Benefits $169,345

Fundraising Expenses $13,026

Program Expenses $1,987,240

Other Expenses $208,923

TOTAL EXPENSES $2,128,268

Year-over-Year Comparison

	2023	2022	Change
Revenue	$735,353	$900,815	-0.2%
Expenses	$2,128,268	$1,433,029	+0.5%
Net Income	$-1,392,915	$-532,214	+1.6%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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
KEN LAMBIOTTE	CHAIRMAN	5.00	Officer Director	$0	$0	$0
KYLE SHERMAN	SECRETARY	2.00	Officer Director	$0	$0	$0
DANIEL PALAZZOLO	DIRECTOR	2.00	Director	$0	$0	$0
KEVIN SALMINEN	TREASURER	5.00	Officer Director	$0	$0	$0
SIMEON HARRIS	DIRECTOR	2.00	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
2025	No data	No data	No data	No data
2024	$735,353	$2,128,268	$2,174,326	$-1,392,915
2023	$900,815	$1,433,029	$4,523,732	$-532,214
2022	$2,705,410	$2,232,927	$4,601,690	$472,483
2021	$547,638	$910,629	$4,835,705	$-362,991
2020	$886,755	$976,954	$3,946,502	$-90,199
2019	$795,585	$933,723	$4,053,969	$-138,138
2018	$821,410	$801,434	$4,215,963	$19,976

U-TURN