Turner Construction Company Foundation
Turner Construction Company Foundation shows strong revenue and asset growth with zero reported officer compensation.
EIN: 133072570 · Cincinnati, OH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.2M |
| Total Expenses | $4.6M |
| Program Spending | 90% |
| Net Assets | $1.4M |
| Transparency Score | 92/100 |
Is Turner Construction Company Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Turner Construction Company Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Turner Construction Company Foundation
Turner Construction Company Foundation (EIN: 133072570) is a nonprofit organization based in Cincinnati, OH. The organization reported total revenue of $9.2M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Turner Construction Company Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Turner Construction Company Foundation is a mid-size nonprofit that has been operating for 43 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.5M |
| Total Expenses | $4.6M |
| Surplus / Deficit | +$952K |
| Total Assets | $1.5M |
| Total Liabilities | $148K |
| Net Assets | $1.4M |
| Operating Margin | 17.2% |
| Debt-to-Asset Ratio | 9.6% |
| Months of Reserves | 4.0 months |
Financial Health Grade: A
In 2023, Turner Construction Company Foundation reported a surplus of $952K with revenue exceeding expenses, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 9.6% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Turner Construction Company Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.7% | -3.4% | +200.3% |
| 2022 | +83.6% | +88.4% | +41.7% |
| 2021 | +161.5% | +147.6% | +74.3% |
| 2020 | -70.5% | -67.2% | -30.6% |
| 2019 | +118.0% | +68.7% | +60.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Turner Construction Company Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Turner Construction Company Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $952K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through other entities, which is a positive sign for donor confidence and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Turner Construction Company Foundation:
- Consistent 0% officer compensation, indicating high efficiency in leadership costs.
- Strong and consistent revenue growth, particularly in recent years (e.g., $2.6M in 2021 to $5.5M in 2023).
- Healthy asset accumulation, demonstrating financial stability and capacity (e.g., assets grew from $361K in 2021 to $1.5M in 2023).
- Assets consistently exceed liabilities, indicating sound financial management.
- Positive net income in most recent years, showing financial sustainability (e.g., 2023 revenue $5.5M vs. expenses $4.5M).
Frequently Asked Questions about Turner Construction Company Foundation
Is Turner Construction Company Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Turner Construction Company Foundation (EIN: 133072570) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Turner Construction Company Foundation spend its money?
Turner Construction Company Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Turner Construction Company Foundation tax-deductible?
Turner Construction Company Foundation is registered as a tax-exempt nonprofit (EIN: 133072570). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Turner Construction Company Foundation's spending goes to programs?
Turner Construction Company Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Turner Construction Company Foundation located?
Turner Construction Company Foundation is headquartered in Cincinnati, Ohio and files with the IRS under EIN 133072570.
How many years of IRS 990 filings does Turner Construction Company Foundation have?
Turner Construction Company Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $9.2M in total revenue.
Is Turner Construction Company Foundation a good charity?
Based on the provided financial data, the foundation appears to be a very good charity. It exhibits strong financial growth, healthy asset-to-liability ratios, and a notable commitment to not reporting officer compensation, suggesting efficient use of funds.
How has the foundation's revenue grown over time?
The foundation has experienced significant revenue growth, particularly in recent years, increasing from $2,624,047 in 2021 to $5,526,897 in 2023, and reaching a latest reported revenue of $9,177,220.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend, growing from $361,662 in 2021 to $1,538,572 in 2023, indicating increasing financial capacity and stability.
Does the foundation pay its officers?
According to the IRS 990 filings, the foundation consistently reports 0% officer compensation, suggesting that officers are not directly compensated through the foundation's reported expenses.
Filing History
IRS 990 filing history for Turner Construction Company Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Turner Construction Company Foundation's revenue has grown by 338.8%, moving from $1.3M to $5.5M. Total assets increased by 132.7% over the same period, from $661K to $1.5M. Total functional expenses rose by 297.9%, from $1.1M to $4.6M. In its most recent filing year (2023), Turner Construction Company Foundation reported a surplus of $952K, with revenue exceeding expenses. The organization holds $148K in liabilities against $1.5M in assets (debt-to-asset ratio: 9.6%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.5M | $4.6M | $1.5M | $148K | — | View 990 |
| 2022 | $4.8M | $4.7M | $512K | $74K | — | View 990 |
| 2021 | $2.6M | $2.5M | $362K | $44K | — | View 990 |
| 2020 | $1.0M | $1.0M | $208K | $1 | — | View 990 |
| 2019 | $3.4M | $3.1M | $299K | $80K | — | View 990 |
| 2015 | $1.6M | $1.8M | $187K | $267K | — | View 990 |
| 2014 | $1.9M | $1.8M | $671K | $474K | — | View 990 |
| 2013 | $1.7M | $1.9M | $788K | $737K | — | View 990 |
| 2012 | $1.4M | $1.5M | $837K | $533K | — | View 990 |
| 2011 | $1.3M | $1.1M | $661K | $293K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.5M, expenses of $4.6M, and assets of $1.5M (revenue +14.7% year-over-year).
- 2022: Revenue of $4.8M, expenses of $4.7M, and assets of $512K (revenue +83.6% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.5M, and assets of $362K (revenue +161.5% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.0M, and assets of $208K (revenue -70.5% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.1M, and assets of $299K (revenue +118.0% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.8M, and assets of $187K (revenue -19.8% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.8M, and assets of $671K (revenue +14.0% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.9M, and assets of $788K (revenue +22.5% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.5M, and assets of $837K (revenue +10.5% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.1M, and assets of $661K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Turner Construction Company Foundation:
Data Sources and Methodology
This transparency report for Turner Construction Company Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.