Turning Point
- Assets
- $5.0m
- Revenue
- $9.8m
- Investments
- $0.0
- Employees
- 76
- Location
- Baltimore, MD
- Founding
- 10/2000
- Data as of
- 06/2021
- EIN
- 52-2146812
Organization Overview
Turning Point is located in Baltimore, MD. The organization was established in 2000. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2021, Turning Point employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Turning Point 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 06/2021, Turning Point generated $9.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $10.6m during the year ending 06/2021. While expenses have increased by 5.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUBSTANCE ABUSE TREATMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLINIC PROVIDES SUBSTANCE SERVICE FOR MORE THAN ONE THOUSAND PATIENTS EVERY MONTH. THE PROGRAM EXPENSES ARE ABOUT 72% OF TOTAL EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bolaji Olugboja Nurse Practitioner | Officer | 40 | $244,658 |
Milton Williams President | OfficerTrustee | 40 | $190,447 |
Francis Chika COO | Officer | 40 | $149,743 |
Olubukola Akinyele Nurse Practitioner | Officer | 40 | $114,499 |
Shannel Green Nurse Supervisor | Officer | 40 | $113,620 |
Florence Akanbi Nurse Practitioner | 40 | $113,273 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $579,489 |
| Investment income | $0 |
| 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 | $9,807,929 |
| Statement of Expenses | |
|---|---|
| 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. | $1,090,855 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,429,554 |
| Pension plan accruals and contributions | $39,642 |
| Other employee benefits | $270,333 |
| Payroll taxes | $300,733 |
| Fees for services: Management | $2,099,946 |
| Fees for services: Legal | $30,536 |
| Fees for services: Accounting | $14,593 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,161,386 |
| Advertising and promotion | $177,600 |
| Office expenses | $453,247 |
| Information technology | $86,368 |
| Royalties | $0 |
| Occupancy | $49,796 |
| Travel | $5,292 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,190 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $197,286 |
| Insurance | $118,170 |
| All other expenses | $0 |
| Total functional expenses | $10,613,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $933,714 |
| Savings and temporary cash investments | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,978,526 |
| Accounts payable and accrued expenses | $1,178,300 |
| Grants payable | $1,232,303 |
| 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 | $2,410,603 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,567,923 |
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|---|---|---|
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Westbrook Health Services Inc Parkersburg, WV | $14,951,320 | $27,849,494 |
National Capital Treatment And Recovery Arlington, VA | $11,789,522 | $18,668,455 |
Firetree Ltd Williamsport, PA | $43,848,366 | $18,939,182 |
Powell Recovery Center Inc Baltimore, MD | $21,035,020 | $19,112,865 |
Qlarant Quality Solutions Inc Easton, MD | $21,232,602 | $16,783,383 |
Pmhcc Ctt Inc Philadelphia, PA | $6,449,646 | $14,623,846 |
Turning Point Baltimore, MD | $4,978,526 | $9,807,929 |
American Society Of Addiction Medicine Inc Rockville, MD | $14,944,902 | $11,753,253 |
Gaudenzia Drc Inc Philadelphia, PA | $2,804,260 | $7,764,450 |
Bucks County Drug And Alcohol Commission Inc Doylestown, PA | $2,860,388 | $9,030,569 |
Council On Chemical Abuse Inc Reading, PA | $3,455,202 | $7,706,067 |