Turning Point Community Development Corporation
Henderson, North Carolina
B+Health Score
70B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
๐ฐ
$495K
Total Revenue
๐
$296K
Total Expenses
๐ฆ
$412K
Net Assets
๐
$3K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+30.6%
Year-over-year change (2022 โ 2023)
Net Margin
+40.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.39
Net assets divided by total expenses
Liabilities-to-Assets
0.8%
Total liabilities as % of total assets
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $495,381โ31% | $295,804โ21% | $415,353โ87% | |
| 2022 | $379,292โ30% | $376,073โ6% | $221,976โ2% | โ |
| 2021 | $538,990โ186% | $400,798โ170% | $225,649โ205% | โ |
| 2020 | $188,473 | $148,228 | $73,927 | โ |
Frequently Asked Questions
What does Turning Point Community Development Corporation do?โผ
Turning Point Community Development Corporation is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Turning Point Community Development Corporation financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Turning Point Community Development Corporation.
How much revenue does Turning Point Community Development Corporation generate?โผ
Turning Point Community Development Corporation reports $775K in annual revenue and holds $601K in total assets, based on IRS filings.
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