Turner 12 Inc
- Assets
- $145.6k
- Revenue
- $130.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 04/2002
- Data as of
- 12/2019
- EIN
- 75-3016359
Organization Overview
Turner 12 Inc is located in Dallas, TX. The organization was established in 2002. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Turner 12 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 12/2019, Turner 12 Inc generated $130.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $169.6k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
THE TURNER 12 PROGRAM IS DEISGNED TO NURTURE, EXPOSE, AND EQUIP STUDENTS WITH THE SKILLS, KNOWLEDGE AND SUPPORT NEEDED TO OVERCOME THE PULL FROM THEIR CURRENT ENVIRONMENT TO DROP OUT OF SCHOOL, AND ENCOURAGE EACH TO STRONGLY CONSIDER LIFE AS A COLLEGE GRADUATE. THE PROGRAM CONSISTS OF THREE PARTS: WE PROVIDE EDUCATIONAL OPPORTUNITIES THAT WILL ENSURE HIGHER LEARNING EXPERIENCE, ENCOURAGE COMMUNITY INVOLVEMENT THAT WILL FOSTER THE HOLISTIC DEVELOPMENT OF STUDENTS AS THEY GROW TO THEIR FULLEST POTENTIAL, AND WE PROVIDE A SIX-WEEK VOLUNTARY PERSONAL DEVELOPMENT AND ENRICHMENT PROGRAM TO HELP DEVELOP LEADERSHIP SKILLS. THE NUMBER OF STUDENTS BENEFITED IN 2015 WERE 24 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Carter Executive Director | 55 | $68,900 | |
Dave Stone Chairman | 0.75 | $0 | |
Kathalene Harris Vice President | 2.75 | $0 | |
Earl Jones President | 2 | $0 | |
Craig Jones Member | 0.1 | $0 | |
Byron Bailey Member | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,429 |
| Investment income | $230 |
| 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 | $130,659 |
| 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. | $68,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $100,707 |
| Total functional expenses | $169,607 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,635 |
| 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 | $1,960 |
| Total assets | $145,595 |
| Accounts payable and accrued expenses | $1,414 |
| 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 | $1,414 |
| 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 | $144,181 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Turner 12 Inc has recieved totaling $106,046.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $65,540 |
Lee Ann And Steven Van Amburgh Foundation Dallas, TX PURPOSE: GENERAL SUPPORT | $17,500 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $12,406 |
Community Foundation Of North Texas Fort Worth, TX PURPOSE: FOR OPERATING EXPENSES | $8,100 |
Celeste And Kurt Zuch Family Foundation Inc Dallas, TX PURPOSE: TO PREPARE STUDENTS TO BECOME COLLEGE GRADUATES AND PRODUCTIVE CITIZENS THROUGH EDUCATIONAL ENRICHMENT | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harold Hamm Foundation Oklahoma City, OK | $15,100,240 | $36,211,204 |
Hildebrand Foundation Houston, TX | $114,322,883 | $23,614,226 |
Carl A Davis And Lois E Davis Foundation Houston, TX | $0 | $544,470 |
Hirsch Family Foundation Dallas, TX | $52,981,348 | $34,969,949 |
Entergy Charitable Foundation New Orleans, LA | $10,718,766 | $2,697,786 |
Smith Family Foundation Austin, TX | $2,063,167 | $8,401,265 |
Nancy Smith Hurd Foundation Tr San Antonio, TX | $73,883,656 | $7,181,888 |
Santander Consumer Usa Inc Foundation Dallas, TX | $61,196,374 | $60,000,000 |
Hal & Charlie Peterson Foundation Kerrville, TX | $63,600,144 | $3,895,944 |
Boone Family Foundation Dallas, TX | $0 | $1,805,045 |
William A Brookshire Foundation Lakeway, TX | $44,188,133 | $14,237,408 |
Con Alma Health Foundation Santa Fe, NM | $33,283,264 | $4,439,981 |