Turning Point Center Of Addisoncounty Inc
Turning Point Center Of Addisoncounty Inc shows consistent revenue growth and no reported officer compensation.
EIN: 204934608 · Middlebury, VT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $617K |
| Program Spending | 85% |
| Net Assets | $172K |
| Transparency Score | 90/100 |
Is Turning Point Center Of Addisoncounty Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Turning Point Center Of Addisoncounty Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Turning Point Center Of Addisoncounty Inc
Turning Point Center Of Addisoncounty Inc (EIN: 204934608) is a nonprofit organization based in Middlebury, VT. The organization reported total revenue of $1.3M and total assets of $892K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Turning Point Center Of Addisoncounty Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Turning Point Center Of Addisoncounty Inc is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 18.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $632K |
| Total Expenses | $617K |
| Surplus / Deficit | +$15K |
| Total Assets | $172K |
| Total Liabilities | $537 |
| Net Assets | $172K |
| Operating Margin | 2.4% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2024, Turning Point Center Of Addisoncounty Inc reported a surplus of $15K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Turning Point Center Of Addisoncounty Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.5% | +28.1% | +0.5% |
| 2023 | +34.3% | -3.5% | +169.7% |
| 2022 | +28.6% | +73.2% | -50.8% |
| 2021 | +67.9% | +41.8% | +177.4% |
| 2020 | +29.5% | +40.6% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Turning Point Center Of Addisoncounty Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Turning Point Center Of Addisoncounty Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for donor perception and resource allocation to programs.
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.
Red Flags
The following concerns were identified during AI analysis of Turning Point Center Of Addisoncounty Inc's IRS 990 filings:
- NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Turning Point Center Of Addisoncounty Inc:
- Consistent and significant revenue growth over the past decade, from $94,095 in 2016 to $631,865 in 2024.
- No reported officer compensation across all 14 filings, indicating a strong commitment to program spending.
- Healthy asset growth, from $33,210 in 2018 to $172,250 in 2024, enhancing financial stability.
- Low liabilities relative to assets and revenue, suggesting sound financial management.
- Consistent filing of IRS 990 forms over 14 periods, demonstrating transparency and compliance.
Frequently Asked Questions about Turning Point Center Of Addisoncounty Inc
Is Turning Point Center Of Addisoncounty Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Turning Point Center Of Addisoncounty Inc (EIN: 204934608) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Turning Point Center Of Addisoncounty Inc spend its money?
Turning Point Center Of Addisoncounty Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Turning Point Center Of Addisoncounty Inc tax-deductible?
Turning Point Center Of Addisoncounty Inc is registered as a tax-exempt nonprofit (EIN: 204934608). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Turning Point Center Of Addisoncounty Inc's spending goes to programs?
Turning Point Center Of Addisoncounty Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Turning Point Center Of Addisoncounty Inc located?
Turning Point Center Of Addisoncounty Inc is headquartered in Middlebury, Vermont and files with the IRS under EIN 204934608.
How many years of IRS 990 filings does Turning Point Center Of Addisoncounty Inc have?
Turning Point Center Of Addisoncounty Inc has 14 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 $1.3M in total revenue.
Is Turning Point Center Of Addisoncounty Inc a good charity?
Based on the available data, Turning Point Center Of Addisoncounty Inc appears to be a good charity. It demonstrates strong financial growth, efficient program spending, and no reported officer compensation, suggesting a high dedication to its mission.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, increasing from $94,095 in 2016 to $631,865 in 2024, indicating expanding support and operations.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-led executive team or very low compensation, which maximizes funds for programs.
Filing History
IRS 990 filing history for Turning Point Center Of Addisoncounty Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Turning Point Center Of Addisoncounty Inc's revenue has grown by 772.8%, moving from $72K to $632K. Total assets increased by 348.2% over the same period, from $38K to $172K. Total functional expenses rose by 879.5%, from $63K to $617K. In its most recent filing year (2024), Turning Point Center Of Addisoncounty Inc reported a surplus of $15K, with revenue exceeding expenses. The organization holds $537 in liabilities against $172K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $172K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $632K | $617K | $172K | $537 | — | View 990 |
| 2023 | $594K | $482K | $171K | $15K | — | — |
| 2022 | $442K | $499K | $64K | $19K | — | View 990 |
| 2021 | $344K | $288K | $129K | $27K | — | View 990 |
| 2020 | $205K | $203K | $47K | $0 | — | View 990 |
| 2019 | $158K | $144K | $48K | $3K | — | View 990 |
| 2018 | $113K | $114K | $33K | $2K | — | View 990 |
| 2017 | $144K | $151K | $35K | $2K | — | View 990 |
| 2016 | $94K | $121K | $42K | $2K | — | View 990 |
| 2015 | $119K | $111K | $69K | $3K | — | View 990 |
| 2014 | $99K | $83K | $60K | $1K | — | View 990 |
| 2013 | $68K | $70K | $44K | $1K | — | View 990 |
| 2012 | $65K | $58K | $45K | $181 | — | View 990 |
| 2011 | $72K | $63K | $38K | $551 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $632K, expenses of $617K, and assets of $172K (revenue +6.5% year-over-year).
- 2023: Revenue of $594K, expenses of $482K, and assets of $171K (revenue +34.3% year-over-year).
- 2022: Revenue of $442K, expenses of $499K, and assets of $64K (revenue +28.6% year-over-year).
- 2021: Revenue of $344K, expenses of $288K, and assets of $129K (revenue +67.9% year-over-year).
- 2020: Revenue of $205K, expenses of $203K, and assets of $47K (revenue +29.5% year-over-year).
- 2019: Revenue of $158K, expenses of $144K, and assets of $48K (revenue +40.1% year-over-year).
- 2018: Revenue of $113K, expenses of $114K, and assets of $33K (revenue -21.5% year-over-year).
- 2017: Revenue of $144K, expenses of $151K, and assets of $35K (revenue +52.7% year-over-year).
- 2016: Revenue of $94K, expenses of $121K, and assets of $42K (revenue -20.9% year-over-year).
- 2015: Revenue of $119K, expenses of $111K, and assets of $69K (revenue +20.1% year-over-year).
- 2014: Revenue of $99K, expenses of $83K, and assets of $60K (revenue +45.3% year-over-year).
- 2013: Revenue of $68K, expenses of $70K, and assets of $44K (revenue +5.4% year-over-year).
- 2012: Revenue of $65K, expenses of $58K, and assets of $45K (revenue -10.8% year-over-year).
- 2011: Revenue of $72K, expenses of $63K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Turning Point Center Of Addisoncounty Inc:
Data Sources and Methodology
This transparency report for Turning Point Center Of Addisoncounty Inc 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.