Civic Intelligence

Turning Point Inc.

990 • Fiscal year 2022 • EIN 58-1698701

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 15, 2022

PO Box 952Monroe, NC 28111

(704) 283-9150

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

46th percentile

0.09x

Higher debt load relative to assets than 46% of similar nonprofits.

2022 filings • NTEE P • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

59th percentile

0.15x

Higher debt load relative to revenue than 59% of similar nonprofits.

2022 filings • NTEE P • $1M-$5M nonprofits • Source year 2022

Net Margin

76th percentile

21%

Higher net margin than 76% of similar nonprofits.

2022 filings • NTEE P • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

59th percentile

$89,573

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2022 filings • NTEE P • $1M-$5M nonprofits • Source year 2022

Asset Growth

69th percentile

20%

Faster asset growth than 69% of similar nonprofits.

2022 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

23rd percentile

-11%

Faster revenue growth than 23% of similar nonprofits.

2022 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$3,353,252

Up $555,929 (+20%) from 2021

Net Assets

Up

$3,041,536

Up $434,807 (+17%) from 2021

Liabilities

Up

$311,716

Up $121,122 (+64%) from 2021

Revenue

Down

$2,037,176

Down $260,593 (-11%) from 2021

Expenses

Down

$1,602,369

Down $50,184 (-3.0%) from 2021

Net Income

Down

$434,807

Down $210,409 (-33%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $1,048,066Liabilities 2011: $60,941Net Assets 2011: $987,1252011Assets 2012: $988,706Liabilities 2012: $134,570Net Assets 2012: $854,1362012Assets 2013: $1,277,115Liabilities 2013: $182,388Net Assets 2013: $1,094,7272013Assets 2014: $1,398,351Liabilities 2014: $192,976Net Assets 2014: $1,205,3752014Assets 2015: $1,476,134Liabilities 2015: $204,645Net Assets 2015: $1,271,4892015Assets 2016: $1,630,930Liabilities 2016: $207,627Net Assets 2016: $1,423,3032016Assets 2017: $1,644,379Liabilities 2017: $174,446Net Assets 2017: $1,469,9332017Assets 2018: $1,837,535Liabilities 2018: $138,267Net Assets 2018: $1,699,2682018Assets 2019: $2,065,966Liabilities 2019: $110,249Net Assets 2019: $1,955,7172019Assets 2020: $2,293,714Liabilities 2020: $332,201Net Assets 2020: $1,961,5132020Assets 2021: $2,797,323Liabilities 2021: $190,594Net Assets 2021: $2,606,7292021Assets 2022: $3,353,252Liabilities 2022: $311,716Net Assets 2022: $3,041,5362022Assets 2023: $3,719,654Liabilities 2023: $252,460Net Assets 2023: $3,467,1942023Assets 2024: $4,570,847Liabilities 2024: $426,814Net Assets 2024: $4,144,0332024Assets 2025: $4,462,573Liabilities 2025: $357,982Net Assets 2025: $4,104,5912025

Highlighted filing

2022

Assets$3,353,252
Liabilities$311,716
Net Assets$3,041,536

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $508,569Expenses 2011: $508,023Net Income 2011: $5462011Revenue 2012: $964,573Expenses 2012: $1,097,562Net Income 2012: -$132,9892012Expenses 2013: $910,3852013Revenue 2014: $977,123Expenses 2014: $937,028Net Income 2014: $40,0952014Revenue 2015: $1,008,341Expenses 2015: $942,227Net Income 2015: $66,1142015Revenue 2016: $1,499,131Expenses 2016: $1,337,840Net Income 2016: $161,2912016Revenue 2017: $1,439,320Expenses 2017: $1,392,690Net Income 2017: $46,6302017Revenue 2018: $1,684,445Expenses 2018: $1,455,109Net Income 2018: $229,3362018Revenue 2019: $1,802,692Expenses 2019: $1,546,243Net Income 2019: $256,4492019Revenue 2020: $1,626,451Expenses 2020: $1,620,655Net Income 2020: $5,7962020Revenue 2021: $2,297,769Expenses 2021: $1,652,553Net Income 2021: $645,2162021Revenue 2022: $2,037,176Expenses 2022: $1,602,369Net Income 2022: $434,8072022Revenue 2023: $2,286,963Expenses 2023: $1,860,455Net Income 2023: $426,5082023Revenue 2024: $2,486,709Expenses 2024: $1,896,481Net Income 2024: $590,2282024Revenue 2025: $1,875,948Expenses 2025: $1,915,390Net Income 2025: -$39,4422025

Highlighted filing

2022

Revenue$2,037,176
Expenses$1,602,369
Net Income$434,807
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$2,865,142
Mission and Program Overview

Mission

See attached.

Mission stmt: turning point exists to end domestic abuse, sexual assault, and child abuse through safe shelter, advocacy, prevention and social change.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,384,378$1,810,231▲ $425,853
Land, Buildings, and Equipment, Net$870,466$1,009,283▲ $138,817
Inventories for Sale or Use$171,000$219,109▲ $48,109
Investments in Publicly Traded Securities$257,092$211,534▼ $45,558
Pledges and Grants Receivable$107,630$93,493▼ $14,137
Accounts Receivable$5,219$4,352▼ $867
Prepaid Expenses and Deferred Charges$1,538$1,750▲ $212
Total Assets$2,797,323$3,353,252▲ $555,929
Other Assets Total-$3,500-
Liabilities
Deferred Revenue$171,000$219,109▲ $48,109
Mortgage Notes Payable Secured by Investment Property-$62,931-
Accounts Payable and Accrued Expenses$19,594$29,676▲ $10,082
Total Liabilities$190,594$311,716▲ $121,122
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,388,161$2,871,718▲ $483,557
Net Assets With Donor Restrictions$218,568$169,818▼ $48,750
Total Net Assets Fund Balance$2,606,729$3,041,536▲ $434,807
Total Liabilities and Net Assets / Fund Balance$2,797,323$3,353,252▲ $555,929

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$535,028$767,527$1,302,555
Leasehold Improvements$277,248$177,718$454,966
Equipment$92,684$326,235$418,919
Other Land Buildings$75,552$15,000$90,552
Land$28,771-$28,771

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$257,092-▼ $45,558-$211,534
2020$206,744-▲ $50,348-$257,092
2019$218,222-▼ $11,478-$206,744
2018$221,364-▼ $3,142-$218,222
2017$205,969-▲ $15,395-$221,364
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jessica LindbergExecutive DiFT$89,573$89,573

Board Members and Trustees

NameTitle
Dale LouderVice Chair
Belle WalkerBoard Member
Caroline BrownBoard Member
Edward VassarBoard Member
Elaine HughesBoard Member
Emily KollBoard Member
Heather WollermanBoard Member
Joshua CookeBoard Member
Juan TiseraBoard Member
Kelly BarnhardtBoard Member
Sgt Steve MortonBoard Member
Yorda KidaneBoard Member
Lt Lori PierceAt-large
Amanda CubitSecretary
Jim MartinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,734,818
Program Service Revenue
$0
Investment Income
$-45,558
Other Revenue
$347,916
All Other Contributions
$1,670,773
Change in Net Assets
$434,807

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,037,176
Total Revenue per Audited Statements
$2,037,176
Total Revenue per Form 990
$2,037,176
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,078,983
Other Expenses$500,586
Total Fundraising Expense$61,976
Grants and Similar Amounts Paid$22,800
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$750,435$40,444$34,958$825,837
Fees for Services Other$112,825$1,727$1,544$116,096
Occupancy$100,504$4,323$3,242$108,069
Depreciation Depletion$89,128$5,942$3,961$99,031
Payroll Taxes$86,877$4,045$3,670$94,592
Current Officers, Directors, Trustees, and Key Employees$84,929$2,740$3,653$91,322
Other Employee Benefits$60,579$1,850$531$62,960
Information Technology$50,278$2,500-$52,778
Office Expenses$22,495$995$20$23,510
Grants to Domestic Individuals$22,800--$22,800
Insurance$12,059$2,128-$14,187
Travel$9,980$261$55$10,296
All Other Expenses$4,000$2,484-$6,484
Fees for Services Accounting$5,953--$5,953
Other Expenses$8,591$5,562$8,524$5,562
Pension Plan Contributions$21,627$-18,234$879$4,272
Advertising$3,562$198$65$3,825
Total Functional Expenses$1,483,199$57,194$61,976$1,602,369

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,602,369
Total Expenses per Audited Statements$1,602,369
Total Expenses per Form 990$1,602,369
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$295,137
Fundraising Direct Expenses$51,498
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Holiday Wish/as$137,937$137,937$8,665$129,272
Annual Golf$109,995$109,995$42,833$67,162
Total Events$295,137$295,137$51,498$243,639
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Finance committee reviews the 990 prior to filing.

Form 990, Page 6, Part VI, Line 12C

Monitored by the board of directors.

Form 990, Page 6, Part VI, Line 15A

Review by board of directors

Form 990, Page 6, Part VI, Line 15B

Review by board of directors

Form 990, Page 6, Part VI, Line 19

Documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Turning Point Inc
EIN
58-1698701
Phone
7042839150
Address
PO BOX 952, MONROE, NC 28111

Signing Officer

Name
Jessica Lindberg
Title
Executive Director
Phone
7042839150
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jessica Lindberg
Formed
1986
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
64
Volunteers
232

Preparer

Firm
DAVIES GOLDSTEIN & ASSOCIATES CPA'S
Address
PO BOX 156, MATTHEWS, NC 28106
Preparer
Jeffrey I Goldstein
Phone
7046840555
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Turning point's core mission is to break the cycle of domestic abuse. We start by offering victims and their children a safe haven. In our shelter, they can begin to feel safe and take the steps needed to build violence- free lives. Our programs include individual and group counseling, identifying the cycle of domestic violence, money management, parenting skills, and housekeeping. Special attention is given to employment and self-sufficiency goals, since many victims have never been allowed to control the family finances. Job search coaching includes resume writing, interviewing techniques, job search strategies and job referrals our trained case manager and volunteers work with residents to determine financial needs and create household budgets, structure debt payment and repair credit; helping families develop the skills to create a sound financial plan. 77% of the women who complete our programs maintain violence-free lives for at least one year after leaving the shelter. Children who are victims of domestic violence need special support. Without appropriate intervention, the effects of domestic abuse linger long after the violence has stopped. Studies show that children who observe family violence often display delayed physical and emotional development, experience health problems and poor performance in school. They are also more likely to become abusers or victims in future relationships. Our hero program breaks this generational cycle of abuse by helping children understand that healthy relationships are not violent. Learning how to express anger and other feelings appropriately makes it possible for them to have a future without violent relationships. 91% of the children participating in the hero program have demonstrated improved anger management and other positive coping skills. On july 1, 2015, turning point assumed the operations of the sexual assault resource center (sarc) and tree house children's advocacy center (cac) from safe alliance in union county. The sarc provides survivors of sexual assault with a 24/7 crisis line, hospital accompaniment, support groups, counseling, and advocacy appointments to assist with safety planning, crisis intervention, resource referrals, and court accompaniment. The tree house cac is a multi-disciplinary approach to child abuse investigations that provides forensic interviews, medical exams, trauma assessments, advocacy, counseling and support groups for children and their non- offending caregivers.

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IRS990/MissionDesc0TURNING POINT'S CORE MISSION IS TO BREAK THE CYCLE OF DOMESTIC ABUSE. WE START BY OFFERING VICTIMS AND THEIR CHILDREN A SAFE HAVEN. IN OUR SHELTER, THEY CAN BEGIN TO FEEL SAFE AND TAKE THE STEPS NEEDED TO BUILD VIOLENCE- FREE LIVES. OUR PROGRAMS INCLUDE INDIVIDUAL AND GROUP COUNSELING, IDENTIFYING THE CYCLE OF DOMESTIC VIOLENCE, MONEY MANAGEMENT, PARENTING SKILLS, AND HOUSEKEEPING. SPECIAL ATTENTION IS GIVEN TO EMPLOYMENT AND SELF-SUFFICIENCY GOALS, SINCE MANY VICTIMS HAVE NEVER BEEN ALLOWED TO CONTROL THE FAMILY FINANCES. JOB SEARCH COACHING INCLUDES RESUME WRITING, INTERVIEWING TECHNIQUES, JOB SEARCH STRATEGIES AND JOB REFERRALS OUR TRAINED CASE MANAGER AND VOLUNTEERS WORK WITH RESIDENTS TO DETERMINE FINANCIAL NEEDS AND CREATE HOUSEHOLD BUDGETS, STRUCTURE DEBT PAYMENT AND REPAIR CREDIT; HELPING FAMILIES DEVELOP THE SKILLS TO CREATE A SOUND FINANCIAL PLAN. 77% OF THE WOMEN WHO COMPLETE OUR PROGRAMS MAINTAIN VIOLENCE-FREE LIVES FOR AT LEAST ONE YEAR AFTER LEAVING THE SHELTER. CHILDREN
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.46$0.36$4.10$1.88$1.92$0.04
2024Summary only. Only limited summary data is available for this year.$4.57$0.43$4.14$2.49$1.90$0.59
2023Summary only. Only limited summary data is available for this year.$3.72$0.25$3.47$2.29$1.86$0.43
2022Detailed filing. Detailed filing data is available for this year.$3.35$0.31$3.04$2.04$1.60$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.80$0.19$2.61$2.30$1.65$0.65
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$0.33$1.96$1.63$1.62$0.01
2019Summary only. Only limited summary data is available for this year.$2.07$0.11$1.96$1.80$1.55$0.26
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$0.14$1.70$1.68$1.46$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.17$1.47$1.44$1.39$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.63$0.21$1.42$1.50$1.34$0.16
2015Detailed filing. Detailed filing data is available for this year.$1.48$0.20$1.27$1.01$0.94$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.40$0.19$1.21$0.98$0.94$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.18$1.09$0.91
2012Summary only. Only limited summary data is available for this year.$0.99$0.13$0.85$0.96$1.10$0.13
2011Summary only. Only limited summary data is available for this year.$1.05$0.06$0.99$0.51$0.51$0.00