Turning Around Ministries Inc
- Assets
- $35.7k
- Revenue
- $58.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Newport, RI
- Founding
- 12/2007
- Data as of
- 06/2022
- EIN
- 20-5373090
Organization Overview
Turning Around Ministries Inc is located in Newport, RI. The organization was established in 2007. According to its NTEE Classification (I40) the organization is classified as: Rehabilitation Services for Offenders, under the broad grouping of Crime & Legal-Related and related organizations. As of 06/2022, Turning Around Ministries Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Turning Around Ministries 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 06/2022, Turning Around Ministries Inc generated $58.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $59.4k during the year ending 06/2022. While expenses have increased by 4.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TAM IS A FAITH BASED COMMUNITY OUTREACH PROGRAM DESIGNED TO OFFER AFTER CARE SERVICES TO PREVIOUSLY INCARCERATED PERSONS WHO ARE RETURNING TO NEWPORT COUNTY FROM THE RI ADULT CORRECTIONAL INSTITUTION (ACI) THEY OFFER HOLISTIC, PERSONALIZED GUIDANCE TO HELP EX OFFENDERS AND HOMELESS PERSONS ADDRESS A MYRIAD OF ISSUES SUCH AS EMPLOYMENT EDUCATION HOUSING FOOD CLOTHING SUBSTANCE ABUSE AND PERSONAL DEVELOPMENT. TAM IS THE ONLY AGENCY DEDICATED TO THIS PURPOSE, WHICH FOCUSES ON SERVING NEWPORT COUNTY RESIDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES FOOD AND SHELTER
PROVIDES MENTORING SERVICES
PROVIDE EDUCATIONAL MENTORING HOUSING FOOD FOR NEWPORT COUNTY RESIDENTS WHO HAVE BEEN PREVIOUSLY INCARCERATED IN THE RI ACI
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Robinson Chairperson | OfficerTrustee | $0 | |
Deborah Bailey Director | Trustee | $0 | |
Mallory Davis Director | Trustee | $0 | |
Jamoya Ridgell Director | Trustee | $0 | |
Joyce Dawson Watts Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,804 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,804 |
| Total Program Service Revenue | $4,245 |
| Investment income | $12 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $58,061 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,902 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,275 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,268 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,897 |
| Advertising and promotion | $952 |
| Office expenses | $2,177 |
| Information technology | $2,529 |
| Royalties | $0 |
| Occupancy | $4,800 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $32 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29 |
| Insurance | $2,530 |
| All other expenses | $0 |
| Total functional expenses | $59,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,881 |
| Savings and temporary cash investments | $27,116 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $696 |
| Total assets | $35,693 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $50 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $35,643 |
| Total liabilities and net assets/fund balances | $35,693 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Turning Around Ministries Inc has recieved totaling $45,500.
| Awarding Organization | Amount |
|---|---|
The Rhode Island Community Foundation Providence, RI PURPOSE: COVID-19 VACCINATION INCENTIVE FUND GRANT; A HELPING HAND 2; PURSUING THE DREAM 2 | $40,000 |
Wilcox Family Foundation Boston, MA PURPOSE: REHABILITATION SERVICES FOR | $4,500 |
North Family Trust Robert Cummings Margaret Hogan Newport, RI PURPOSE: TO SUPPORT MINISTRY | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New England Aftercare Ministries Inc Framingham, MA | $1,057,064 | $1,469,558 |
Latin American Health Alliance Ofcentral Massachusetts Inc Worcester, MA | $3,375,348 | $1,291,018 |
Emerge Connecticut Inc New Haven, CT | $687,020 | $1,261,514 |
Communities For Restorative Justice Concord, MA | $531,812 | $519,922 |
Penikese Island School Inc Woods Hole, MA | $1,243,384 | $420,008 |
Man Up Providence, RI | $101,932 | $328,629 |
Partakers Inc Auburndale, MA | $598,649 | $354,524 |
Bethany House Ministries Inc Millis, MA | $625,483 | $235,912 |
New Beginnings Reentry Services Inc Roxbury, MA | $410,018 | $277,868 |
Heart-To-Heart Comienzos East Inc Melrose, MA | $48,168 | $0 |
Project Youth Court Inc New Haven, CT | $18,846 | $0 |
Ascend Mentoring Windsor, CT | $34,218 | $0 |