TURNERS 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

1936

Legal Domicile

Phone

2102400128

Tax Period

2024-06-01 to 2025-05-31

TURNERS INC, founded in 1936, is a small nonprofit in the Recreation & Sports sector that reported $522K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

TO PERPETUATE THE HISTORICAL HERITAGE OF THE PAST, PROVIDE PHYSICAL, INTELLECUTAL, AND SOCIAL DEVELOPMENT FOR THE PRESENT

Program Service Accomplishments

Program 1

Expenses: $197,546 Revenue: $290,734

SOCIAL VENUE

Program 2

Expenses: $174,164 Revenue: $256,322

PROVIDING BOWLING VENUES FOR ITS MEMBERS

Program 3

Expenses: $14,585 Revenue: $21,465

SOCIAL AND INTELLECTUAL VENUE

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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 $67,521

Program Service Revenue $277,787

Investment Income $0

Other Revenue $177,019

TOTAL REVENUE $522,327

Expense Breakdown

Grants Paid $0

Salaries & Benefits $199,241

Fundraising Expenses $0

Program Expenses $386,295

Other Expenses $358,110

TOTAL EXPENSES $557,351

Year-over-Year Comparison

	2024	2023	Change
Revenue	$522,327	$464,546	+0.1%
Expenses	$557,351	$537,787	+0.0%
Net Income	$-35,024	$-73,241	-0.5%

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

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
RON WHITE	MEMBER	6.00	Director	$0	$0	$0
MINI FLORENCE	MEMBER	6.00	Director	$0	$0	$0
RUSTY HOLDER	MEMBER	6.00	Director	$0	$0	$0
JAMES BOWMAN	MEMBER	6.00	Director	$0	$0	$0
TOM HANNAH	PRESIDENT	20.00	Officer Director	$0	$0	$0
TOM FULCHER	VICE PRESIDENT	12.00	Officer Director	$0	$0	$0
NATHAN SWANSON	TREASURER	20.00	Officer Director	$0	$0	$0
CHRIS ONOFRE	SECRETARY	20.00	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
2025	$522,327	$557,351	$1,577,006	$-35,024
2024	$464,546	$537,787	$1,599,864	$-73,241
2023	$422,277	$477,842	$1,691,171	$-55,565
2022	$377,827	$378,912	$1,761,084	$-1,085
2021	$227,343	$327,001	$1,822,922	$-99,658
2020	$251,010	$336,476	$1,913,364	$-85,466
2019	$258,514	$374,643	$1,948,562	$-116,129