TURBO GIVES INC (EIN 831908903) - 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

2019

Legal Domicile

Principal Officer

RICK WILLDEN

Phone

4802818015

Tax Period

2023-01-01 to 2023-12-31

TURBO GIVES INC, founded in 2019, is a small nonprofit in the Human Services sector that reported $172K in total revenue in fiscal year 2023. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $63K, a strong 36% operating margin.

Mission

TO COMBAT POVERTY, HUNGER, IMPROVE HEALTH, AND SIMILAR CAUSES.

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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 $144,475

Program Service Revenue $0

Investment Income $0

Other Revenue $27,052

TOTAL REVENUE $171,527

Expense Breakdown

Grants Paid $100,893

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $108,927

Other Expenses $8,034

TOTAL EXPENSES $108,927

Year-over-Year Comparison

	2023	2022	Change
Revenue	$171,527	$101,149	+0.7%
Expenses	$108,927	$67,450	+0.6%
Net Income	$62,600	$33,699	+0.9%

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
SIMA HOFFMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
IRVING HOFFMAN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ADAM HOFFMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
DANIEL HOFFMAN	SECRETARY	3.00	Officer Director	$0	$0	$0
ERIC HOFFMAN	SECRETARY	3.00	Officer Director	$0	$0	$0
RICK WILLDEN	TREASURER	5.00	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
2024	No data	No data	No data	No data
2023	$171,527	$108,927	$86,022	$62,600

TURBO GIVES INC