TURNING POINT CHARITABLE FOUNDATION LTD (EIN 812833997) - 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

2016

Legal Domicile

Principal Officer

JOHN SMITH

Phone

5188211648

Tax Period

2023-01-01 to 2023-12-31

TURNING POINT CHARITABLE FOUNDATION LTD, founded in 2016, is a micro nonprofit in the Public & Societal Benefit sector that reported $47K in total revenue in fiscal year 2023. Revenue surged 90% from the prior year, signaling strong growth momentum. Expenses of $60K exceeded revenue, resulting in a 30% operating deficit.

Mission

THE CHARITABLE PURPOSE OF THE APPLICANT INCLUDES THE GRANTING OF RELIEF AND ASSISTANCE IN THE TOWN OF ULSTER AND CATSKILL, NY TO THE NEEDY AND IMPROVERISHED VICTIMS OR CHARITABLE ORGANIZATIONS DURING NATURAL CALAMITIES OR DISASTERS BY GIVING DONATIONS AND OTHER ASSISTANCE TO SUCH NEEDY AND IMPROVISED VICTIMS.

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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 $34,309

Program Service Revenue $0

Investment Income $12,251

Other Revenue $0

TOTAL REVENUE $46,560

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $52,099

Other Expenses $60,465

TOTAL EXPENSES $60,465

Year-over-Year Comparison

	2023	2022	Change
Revenue	$46,560	$24,494	+0.9%
Expenses	$60,465	$59,909	+0.0%
Net Income	$-13,905	$-35,415	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARGARET DARGAN	DIRECTOR	N/A	Officer Director	$0	$0	$0
LARRY SIRACUSANO	DIRECTOR	N/A	Director	$0	$0	$0
JOHN SMITH	PRESIDENT	N/A	Director	$0	$0	$0
SARA SMITH	SECRETARY/ T	N/A	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	No data	No data	No data	No data
2023	$46,560	$60,465	$726,261	$-13,905
2022	$24,494	$59,909	$740,166	$-35,415
2021	$18,236	$69,349	$775,581	$-51,113
2020	$134,706	$53,242	$826,694	$81,464
2019	$-5,549	$41,309	$812,548	$-46,858
2018	$31,513	$60,054	$849,861	$-28,541
2017	$846,398	$15,840	$868,856	$830,558

TURNING POINT CHARITABLE FOUNDATION LTD