Turnaround Resource Center Inc
- Assets
- $199.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lebanon Junction, KY
- Founding
- 01/2020
- Data as of
- 12/2021
- EIN
- 82-2816043
Organization Overview
Turnaround Resource Center Inc is located in Lebanon Junction, KY. The organization was established in 2020. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Turnaround Resource Center 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 12/2021, Turnaround Resource Center Inc generated $172.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (21.5%) each year. All expenses for the organization totaled $158.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST PEOPLE IN THE LEBANON JUNCTION COMMUNITY
Describe the Organization's Program Activity:
Part 3
TO ASSIST NEEDY PEOPLE IN THE LEBANON JUNCTION COMMUNITY BY SUPPORTING THE CHARITY OVERHEAD EXPENSES
TO ASSIST NEEDY PEOPLE IN THE LEBANON JUNCTION COMMUNITY WITH FOOD & BASIC NEEDS
TO ASSIST NEEDY PEOPLE IN THE LEBANON JUNCTION COMMUNITY BY SUPPORTING THE CHARITY OVERHEAD EXPENSES
TO ASSIST NEEDY PEOPLE IN THE LEBANON JUNCTION COMMUNITY WITH FOOD & BASIC NEEDS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Geary Vice President | 5 | $0 | |
Virginia R Maness Executive Dir. | 60 | $0 | |
Brenda Krull Board Member | 10 | $0 | |
Debra Brown Co Treasurer | 25 | $0 | |
Sonia Hibbard Secretary | 10 | $0 | |
Glora Rodgers Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,636 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $172,636 |
| 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 | $11,100 |
| Occupancy, rent, utilities, and maintenance | $135,741 |
| Printing, publications, postage, and shipping | $1,739 |
| Other expenses | $10,081 |
| Total expenses | $158,661 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,721 |
| Other assets | $0 |
| Total assets | $199,376 |
| Total liabilities | $0 |
| Net assets or fund balances | $199,376 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Turnaround Resource Center Inc has recieved totaling $7,565.
| Awarding Organization | Amount |
|---|---|
Cralle Foundation Inc Simpsonville, KY PURPOSE: GENERAL OPERATING COSTS | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $65 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ozarks Food Harvest Inc Springfield, MO | $24,677,730 | $55,346,223 |
Meals On Wheels America Arlington, VA | $39,209,514 | $71,254,608 |
The Society Of Saint Andrew Inc Big Island, VA | $6,276,921 | $21,122,125 |
Kroger Co Zero Hunger Zero Waste Foundation Cincinnati, OH | $11,444,778 | $15,207,931 |
Lifecare Alliance Columbus, OH | $46,116,156 | $21,442,783 |
Our Daily Bread Of Tennessee Inc Knoxville, TN | $2,326,524 | $13,713,547 |
Hunger Network Of Greater Cleveland Cleveland, OH | $1,933,402 | $13,968,841 |
Second Helpings Inc Indianapolis, IN | $16,543,287 | $11,181,807 |
School Nutrition Association Inc Arlington, VA | $16,052,555 | $7,166,354 |
Of One Accord Inc Rogersville, TN | $2,058,166 | $4,725,559 |
Senior Services Of Central Illinois Inc Springfield, IL | $3,845,383 | $3,944,762 |
With Gods Grace Dayton, OH | $218,144 | $3,520,622 |