Turning Tables

EIN: 852142226 501(c)(3) Employment

New Orleans, LA

Total Revenue
$379,490
Total Expenses
$511,951
Total Assets
$40,589
Net Assets
$15,477
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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
2020
Legal Domicile
LA
Principal Officer
Toure Folkes
Phone
5045070130
Tax Period
2024-01-01 to 2024-12-31

Turning Tables, founded in 2020, is a small nonprofit in the Employment sector that reported $379K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $512K exceeded revenue, resulting in a 35% operating deficit.

Mission

TURNING TABLES BEGAN IN 2019 IN PARTNERSHIP WITH NEW ORLEANS INDUSTRY NON-PROFIT AND YOUTH CAREER DEVELOPMENT ORGANIZATIONS. OUR VISION WAS TO CREATE A BAR TRAINING PROGRAM THAT REFLECTED THE CITY WE SERVE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $379,490
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $379,490

Expense Breakdown

Grants Paid $0
Salaries & Benefits $74,315
Fundraising Expenses $57,845
Program Expenses $338,524
Other Expenses $379,791
TOTAL EXPENSES $511,951

Year-over-Year Comparison

2024 2023 Change
Revenue $379,490 $512,045 -0.3%
Expenses $511,951 $394,330 +0.3%
Net Income $-132,461 $117,715 -2.1%
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

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Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
75

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
2
$56,250
Total Directors
7
$56,250
Key Employees
1
$56,250
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tour Folkes Executive Director 040.00
Officer Director Key Emp
$56,250 $0 $56,250
Caitlin Scanlon Board member 002.00
Director
$0 $0 $0
Matt Campbell President of The Board Of Directors. 002.00
Officer Director
$0 $0 $0
Lucia Creed Board member 002.00
Director
$0 $0 $0
Tracie Franklin Board member 002.00
Director
$0 $0 $0
Rebecca Quinonez Secretary 002.00
Director
$0 $0 $0
Ranh Nunez Board member 002.00
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 $379,490 $511,951 $40,589 $-132,461
2023 $512,045 $394,330 $162,340 $117,715
2022 $180,579 $175,322 $30,069 $5,257
2021 $97,332 $72,520 $24,812 $24,812
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