TURNING POINT RECOVERY RESIDENCE INC (EIN 621687640) - 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

1995

Legal Domicile

Principal Officer

CHARLES CORBETT

Phone

6158230781

Tax Period

2023-01-01 to 2023-12-31

TURNING POINT RECOVERY RESIDENCE INC, founded in 1995, is a small nonprofit in the Mental Health sector that reported $383K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $85K, a strong 22% operating margin.

Mission

ALCOHOL AND DRUG TREATMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $135,303

Program Service Revenue $246,978

Investment Income $413

Other Revenue $0

TOTAL REVENUE $382,694

Expense Breakdown

Grants Paid $0

Salaries & Benefits $97,717

Fundraising Expenses $0

Program Expenses $214,499

Other Expenses $199,517

TOTAL EXPENSES $297,234

Year-over-Year Comparison

	2023	2022	Change
Revenue	$382,694	$287,807	+0.3%
Expenses	$297,234	$235,358	+0.3%
Net Income	$85,460	$52,449	+0.6%

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

N/A

Employees

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

$75,208

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDSEY TINSLEY	SECRETARY	15.00	Officer	$60,700	$0	$60,700
CHARLES CORBETT	BOARD MEMBER	6.00	Officer	$14,508	$0	$14,508
SCOTT LANE	BOARD MEMBER	5.00	Officer	$0	$0	$0
NELSON MADDOX	BOARD MEMBER	5.00	Officer	$0	$0	$0
MICHAEL RANDALL	PRESIDENT	5.00	Officer	$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	No data	No data	No data	No data
2023	$382,694	$297,234	$599,680	$85,460
2022	$287,807	$235,358	$509,840	$52,449
2021	$241,549	$255,669	$489,757	$-14,120
2020	$250,080	$234,482	$532,098	$15,598
2018	$339,914	$238,210	$297,200	$101,704

TURNING POINT RECOVERY RESIDENCE INC