TURK STREET INC (EIN 943297381) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

ROXANNE HUEY

Phone

4157762151

Tax Period

2023-01-01 to 2023-12-31

TURK STREET INC, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $8.1M in total revenue in fiscal year 2023. Revenue surged 362% from the prior year, signaling strong growth momentum. Expenses of $17.6M exceeded revenue, resulting in a 118% operating deficit.

Mission

IN 2023, TURK STREET INC.'S KEY ACTIVITIES WERE: PROVIDING AFFORDABLE HOUSING OPPORTUNITIES FOR LOW AND EXTREMELY LOW-INCOME PERSONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,846,557

Program Service Revenue $2,612,340

Investment Income $44,655

Other Revenue $573,765

TOTAL REVENUE $8,077,317

Expense Breakdown

Grants Paid $451,621

Salaries & Benefits $311,417

Fundraising Expenses $0

Program Expenses $17,386,995

Other Expenses $16,861,687

TOTAL EXPENSES $17,624,725

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,077,317	$1,749,383	+3.6%
Expenses	$17,624,725	$9,684,015	+0.8%
Net Income	$-9,547,408	$-7,934,632	+0.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$1,056,991

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIFFANY BOHEE	SECRETARY	0.25	Officer Director	$0	$0	$0
SUSAN JOHNSON	PRESIDENT	0.25	Officer Director	$0	$0	$0
TRACEY EDWARDS	TREASURER	0.25	Officer Director	$0	$0	$0
KATHY ROCK	DIRECTOR	0.25	Director	$0	$0	$0
KATHY WOLFE	DIRECTOR	0.25	Director	$0	$0	$0
BIRUTE SKURDENIS	DIRECTOR	0.25	Director	$0	$0	$0
JIM CERVANTES	DIRECTOR	0.25	Director	$0	$0	$0
FERNANDO PUJALS	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
JANE GRAF	DIRECTOR	0.25	Director	$0	$0	$0
FREDDY MARTIN	DIRECTOR	0.25	Director	$0	$0	$0
KENNETH KIM	DIRECTOR	0.25	Director	$0	$0	$0
WYLIE LIU	DIRECTOR	0.25	Director	$0	$0	$0
MARK COUTIER	DIRECTOR	0.25	Director	$0	$0	$0
MICHAEL VUONG	DIRECTOR	0.25	Director	$0	$0	$0
DAVE KROOT	CHIEF LEGAL OFFICER	0.25	Officer Director	$0	$0	$0
GORDON LEUNG	CHIEF PORTFOLIO OFFICER	0.25	Officer	$0	$20,338	$199,781
KATHERINE LAMOUNT	COO	0.25	Officer	$0	$27,648	$244,994
ROXANNE HUEY	CFO	0.25	Officer	$0	$19,568	$263,340
MAURILIO LEON	CEO	0.25	Officer	$0	$20,348	$348,876

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	$8,077,317	$17,624,725	$38,292,753	$-9,547,408
2022	$1,749,383	$9,684,015	$34,684,977	$-7,934,632
2021	$10,576,295	$19,121,549	$36,581,577	$-8,545,254
2019	$2,343,515	$2,238,883	$48,642,349	$104,632
2018	$2,117,067	$5,029,767	$44,654,725	$-2,912,700

TURK STREET INC