Turning Point Foundation
- Assets
- $4.8m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 141
- Location
- Ventura, CA
- Founding
- 07/1989
- Data as of
- 06/2023
- EIN
- 77-0213467
Organization Overview
Turning Point Foundation is located in Ventura, CA. The organization was established in 1989. According to its NTEE Classification (F30) the organization is classified as: Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2023, Turning Point Foundation employed 141 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Turning Point Foundation 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 06/2023, Turning Point Foundation generated $7.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $6.9m during the year ending 06/2023. While expenses have increased by 9.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE REHABILITATION AND SUPPORT SERVICES TO THOSE DIAGNOSED WITH MENTAL ILLNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS COMMUNITY BASED NOT-FOR-PROFIT FOUNDATION HAS BEEN PROVIDING REHABILITIVE AND SUPPORT SERVICES TO ADULTS DIAGNOSED WITH MENTAL ILLNESS SINCE 1988. PROGRAMS INCLUDE A HOMELESS SHELTER TO MEET BASIC PHYSICAL AND SAFETY NEEDS; SUPPORTED HOUSING TO PROVIDE DECENT AFFORDABLE HOUSING; AND REHABILITATION AND SOCIALIZATION CENTERS TO PROVIDE MEANINGFUL, PRODUCTIVE ACTIVITIES AND COMPANIONSHIP. OPERATING PROGRAMS INCLUDE: OUR PLACE SHELTER; REHABILITATION CENTERS; COUNTYWIDE SUPPORTED HOUSING; ADULT WELLNESS & RECOVERY CENTER, AND VETERANS TRANSITIONAL HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Miller Vice Chair | OfficerTrustee | 1 | $0 |
Stephanie Navarro Director | Trustee | 1 | $0 |
Valerie Valdez Director | Trustee | 1 | $0 |
Robert England Director | Trustee | 1 | $0 |
Jorge Deleon Secretary | OfficerTrustee | 2 | $0 |
Marie Limauro Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $257,722 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $257,722 |
| Total Program Service Revenue | $5,691,827 |
| Investment income | $23,527 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,069,460 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $55,770 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,738,301 |
| 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 | $3,939,975 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $458,252 |
| Payroll taxes | $297,956 |
| 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 | $222,702 |
| Advertising and promotion | $6,689 |
| Office expenses | $668,414 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $532,611 |
| 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 | $95,604 |
| Insurance | $137,577 |
| All other expenses | $46,696 |
| Total functional expenses | $6,923,517 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,763,985 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $802,118 |
| 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 | $65,983 |
| Net Land, buildings, and equipment | $1,815,311 |
| Investments—publicly traded securities | $98,683 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $248,697 |
| Total assets | $4,794,777 |
| Accounts payable and accrued expenses | $765,066 |
| Grants payable | $0 |
| Deferred revenue | $12,387 |
| 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 | $879,417 |
| Total liabilities | $1,656,870 |
| Net assets without donor restrictions | $3,127,907 |
| Net assets with donor restrictions | $10,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,794,777 |