Turnaround For Children Inc
- Assets
- $2.3m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 35
- Location
- New York, NY
- Founding
- 12/1997
- Data as of
- 06/2023
- EIN
- 06-1495529
Organization Overview
Turnaround For Children Inc is located in New York, NY. The organization was established in 1997. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 06/2023, Turnaround For Children Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Turnaround For Children Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Turnaround For Children Inc generated $3.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $7.8m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
1) RESEARCH AND DEVELOPMENT GROUNDED IN SCIENCE: WE CREATE AND SHARE TOOLS AND RESOURCES SO EDUCATORS CAN IMPLEMENT WHOLE-CHILD DESIGN RIGHT NOW. 2) BUILDING EDUCATOR CAPACITY: WE WORK WITH EDUCATORS THROUGH PROFESSIONAL LEARNING AND CONSULTING SERVICES TO HELP THEM CREATE EQUITABLE LEARNING ENVIRONMENTS, GROUNDED IN THE SCIENCE OF LEARNING AND DEVELOPMENT.3) MOBILIZING THE EDUCATIONAL ECOSYSTEM: WE COLLABORATE WITH STAKEHOLDERS ACROSS YOUTH-SERVING SYSTEMS TO BUILD THE FOUNDATION FOR A WHOLE-CHILD FUTURE, EVERYWHERE KIDS LEARN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH AND DEVELOPMENT: STUDENTS WHO USED THE WELL-BEING INDEX, DESIGNED AND DEVELOPED BY TURNAROUND, REPORTED THEY ENJOYED REFLECTING ON THEIR FEELING AND FUNCTIONING THROUGH THE SELF-ASSESSMENT AND FELT MORE SELF-AWARE AND SAFER IN SCHOOLS AS A RESULT. EDUCATORS REPORTED THAT THEY APPRECIATED THE TOOL AS A CONVERSATION STARTER BETWEEN TEACHERS AND STUDENTS, WHERE STUDENTS COULD SHARE FREELY WITHOUT JUDGMENT. BUILDING EDUCATOR CAPACITY: EDUCATORS REPORTED THAT THEIR EXPERIENCES IN TURNAROUND'S PROFESSIONAL LEARNING OFFERINGS WOULD IMPROVE THEIR PRACTICES, THAT THEY WOULD RECOMMEND TURNAROUND'S SERVICES TO THEIR COLLEAGUES, AND THAT THEY WOULD BE INTERESTED IN DEEPENING OR CONTINUING THEIR LEARNING BY EXPLORING MORE TOOLS AND RESOURCES INTENDED TO ENHANCE THEIR KNOWLEDGE IN THE SCIENCE OF LEARNING AND DEVELOPMENT AND WHOLE-CHILD DESIGN.MOBILIZING THE EDUCATIONAL ECOSYSTEM: TURNAROUND WORKED TO CREATE THE CONDITIONS FOR WHOLE-CHILD EDUCATION TO TAKE ROOT NATIONWIDE, REACHING AUDIENCES ACROSS THE NATION WITH TOOLS AND RESOURCES TO SUPPORT ADOPTION AND IMPLEMENTATION OF WHOLE-CHILD DESIGN BY WAY OF WEBINARS, BLOGS, ACADEMIC PUBLICATIONS AND REPORTS, MAGAZINE ARTICLES, CONFERENCE SESSIONS, PODCASTS, PRESENTATIONS TO ASSOCIATIONS AND NATIONAL ORGANIZATIONS, MULTIMEDIA CAMPAIGNS, AND THROUGH PARTICIPATION IN COALITIONS, TASK FORCES, AND OTHER COLLABORATIVE PARTNERSHIPS. TURNAROUND'S FOUNDER AND SENIOR SCIENCE ADVISOR PAMELA CANTOR, M.D. TESTIFIED ON SOCIAL AND EMOTIONAL LEARNING AND WHOLE-CHILD APPROACHES IN K-12 EDUCATION TO THE U.S. HOUSE APPROPRIATIONS COMMITTEE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tareq Azim Director - Thru June 2023 | Trustee | 2 | $0 |
Allen Blue Director | Trustee | 2 | $0 |
Pamela Cantor MD Director & Founder | Trustee | 2 | $0 |
Lashawn Chatmon Director | Trustee | 2 | $0 |
Ellen Galinsky Director | Trustee | 2 | $0 |
Suzanne Gauron Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vchief Chief Of Staff Services | 6/29/23 | $394,380 |
The Trustees Of Tufts College Applied Research In Youth Development | 6/29/23 | $220,000 |
Katherine Di Pietro Content Creation And Thought Leadership | 6/29/23 | $214,241 |
Grf Cpa's And Advisors Outsourced Accounting And Advisory Servi | 6/29/23 | $213,755 |
Michael Page Temp Staff Services | 6/29/23 | $130,580 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,928,185 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,073,143 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,001,328 |
| Total Program Service Revenue | $837,838 |
| Investment income | $80 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$9,850 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,829,396 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,224,416 |
| Compensation of current officers, directors, key employees. | $704,608 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,637,853 |
| Pension plan accruals and contributions | $20,455 |
| Other employee benefits | $295,261 |
| Payroll taxes | $292,553 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $73,764 |
| Fees for services: Accounting | $246,231 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,255,774 |
| Advertising and promotion | $6,883 |
| Office expenses | $44,829 |
| Information technology | $138,366 |
| Royalties | $0 |
| Occupancy | $3,327 |
| Travel | $61,621 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,290 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,188 |
| Insurance | $50,687 |
| All other expenses | $2,946 |
| Total functional expenses | $7,753,648 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,488,080 |
| Savings and temporary cash investments | $837 |
| Pledges and grants receivable | $150,000 |
| Accounts receivable, net | $608,970 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $24,683 |
| Net Land, buildings, and equipment | $7,514 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,280,084 |
| Accounts payable and accrued expenses | $714,439 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $154,147 |
| Other liabilities | $0 |
| Total liabilities | $868,586 |
| Net assets without donor restrictions | $1,371,065 |
| Net assets with donor restrictions | $40,433 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,280,084 |