Operation Turbo Inc
- Assets
- $153.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hilton Head Island, SC
- Founding
- 08/2014
- Data as of
- 12/2022
- 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 12/2022, Operation Turbo Inc generated $65.8k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $55.2k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
FILLED AND SHIPPED INDIVIDUAL CARE PACKAGES FOR 1,451 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 | |
Catherine Graham Treasurer | 0 | $0 | |
Daniel Chang Board Member | 0 | $0 | |
Jake Chang Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,290 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $492 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,782 |
| 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 | $16,869 |
| Other expenses | $38,286 |
| Total expenses | $55,155 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $153,606 |
| Other assets | $0 |
| Total assets | $153,606 |
| Total liabilities | $0 |
| Net assets or fund balances | $153,606 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Operation Turbo Inc has recieved totaling $17,753.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $8,017 |
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $8,017 |
Marguerite G Cooley Foundation Chevy Chase, MD PURPOSE: CHARITABLE | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $719 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jason And Adriana West Foundation Cary, NC | $5,027,452 | $160,716 |
Cleveland High School Band Parents Association Garner, NC | $80,928 | $387,764 |
Twinkling Eyes Foundation Mount Pleasant, SC | $3,161,046 | $426,766 |
Georgia Credit Union Foundation Duluth, GA | $281,860 | $200,370 |
Atlantic Beach King Mackerel Fishing Tournament Inc Goldsboro, NC | $130,974 | $329,635 |
Country Club Of North Carolina Foundation Inc Pinehurst, NC | $360,772 | $448,774 |
The Warrior Thunder Foundation Inc Columbia, SC | $68,620 | $131,665 |
Cresswind Ll Community Fund Inc Gainesville, GA | $49,468 | $149,410 |
Lucy Harper Grier Benevolent Foundation Spartanburg, SC | $2,059,367 | $226,329 |
Paddle 4 Troops Inc Surf City, NC | $102,930 | $0 |
Pay It Forward Athens Watkinsville, GA | $1,353 | $0 |
Operation Turbo Inc Hilton Head Island, SC | $153,606 | $0 |