Operation Turbo Inc
- Assets
- $174.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hilton Head Island, SC
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 47-1283265
Organization Overview
Operation Turbo Inc is located in Hilton Head Island, SC. The organization was established in 2014. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operation Turbo 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 12/2023, Operation Turbo Inc generated $80.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $59.6k during the year ending 12/2023. While expenses have increased by 5.7% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FILLED AND SHIPPED INDIVIDUAL CARE PACKAGES FOR 1,532 DEPLOYED U.S. MILITARY SERVICE MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Smith Chief Executive Officer | 30 | $0 | |
Donna Henderson Treasurer | 0 | $0 | |
Daniel Chang Board Member | 0 | $0 | |
Kimberly Whelan Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,102 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,571 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,192 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $25,247 |
| Other expenses | $34,396 |
| Total expenses | $59,643 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $174,155 |
| Other assets | $0 |
| Total assets | $174,155 |
| Total liabilities | $0 |
| Net assets or fund balances | $174,155 |