Civic Intelligence

Turkey Industrial & Development Foundation Inc

990EZ • Fiscal year 2022 • EIN 75-1545911

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 28, 2023

Organization ProfileN/A
PO Box 212Turkey, TX 79261

(806) 292-9325

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

66th percentile

0.02x

Higher debt load relative to revenue than 66% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Net Margin

4th percentile

-158%

Higher net margin than 4% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Top Officer Pay

91st percentile

$4,800

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 31.1% of source-year revenue.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Asset Growth

20th percentile

-16%

Faster asset growth than 20% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

10th percentile

-43%

Faster revenue growth than 10% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$132,371

Down $25,691 (-16%) from 2021

Net Assets

Down

$132,071

Down $24,321 (-16%) from 2021

Liabilities

Down

$300

Down $1,370 (-82%) from 2021

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin4th percentile

Revenue

Down

$15,414

Down $11,767 (-43%) from 2021

Expenses

Up

$39,834

Up $3,448 (+9.5%) from 2021

Net Income

Down

-$24,420

Down $15,215 (-165%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$200K$150K$100K$50K$0Assets 2018: $154,194Liabilities 2018: $1,736Net Assets 2018: $152,4582018Assets 2019: $159,401Liabilities 2019: $1,520Net Assets 2019: $157,8812019Assets 2020: $167,371Liabilities 2020: $1,670Net Assets 2020: $165,7012020Assets 2021: $158,062Liabilities 2021: $1,670Net Assets 2021: $156,3922021Assets 2022: $132,371Liabilities 2022: $300Net Assets 2022: $132,0712022Assets 2023: $125,251Liabilities 2023: $770Net Assets 2023: $124,4812023Assets 2024: $44,357Liabilities 2024: $520Net Assets 2024: $43,8372024

Highlighted filing

2022

Assets$132,371
Liabilities$300
Net Assets$132,071
Open 2022 Filing

Operations Trend

Revenue Growth10th percentile

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

$100K$50K$0-$50KRevenue 2018: $45,403Expenses 2018: $20,064Net Income 2018: $25,3392018Revenue 2019: $24,122Expenses 2019: $18,863Net Income 2019: $5,2592019Revenue 2020: $30,580Expenses 2020: $22,053Net Income 2020: $8,5272020Revenue 2021: $27,181Expenses 2021: $36,386Net Income 2021: -$9,2052021Revenue 2022: $15,414Expenses 2022: $39,834Net Income 2022: -$24,4202022Revenue 2023: $17,382Expenses 2023: $24,477Net Income 2023: -$7,0952023Revenue 2024: $56,489Expenses 2024: $45,933Net Income 2024: $10,5562024

Highlighted filing

2022

Revenue$15,414
Expenses$39,834
Net Income-$24,420
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 28, 2023
Return Version
2022v4.1
Gross Receipts
$15,414
Mission and Program Overview

Mission

Affordable housing in a rural area

Program Services

DescriptionGrantsExpenses
Affordable housing in a rural area-$39,834
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHIRLEY LANDRYFoundation Mgr.PT$4,800-$4,800
MELVIN CLINTONPresident-$0--
CAROL REDDDirector-$0--
MARTHA BRADSHAWDirector-$0--
LACY CRUSEDirector-$0--
VICKEY LINDSEYDirector-$0--
WANDA FAUGHTDirector-$0--
Filing and Contact Details

Filer

Filer Name
Turkey Industrial & Development
EIN
75-1545911
Address
PO BOX 212, TURKEY, TX 79261

Signing Officer

Name
Melvin Clinton
Title
President
Signed
2023-02-28
Discuss with paid preparer
Yes

Preparer

Firm
Lisa B Corbett CPA
Address
504 Main St, Turkey, TX 79261
Preparer
Lisa B Corbett
Phone
8064020984
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $25”

Other Expenses.1012

“Insurance $5324”

Other Expenses.1

“SUPPLIES $1217”

Other Expenses.2

“UTILITIES $964”

Other Expenses.3

“FUEL $783”

Other Expenses.6

“DUES $48”

Other Expenses.7

“SMALL TOOLS $13”

Other Assets.1

“FURNITURE - Beginning $7400 FURNITURE - Ending $7400”

Other Assets.2

“INVENTORIES - Beginning $400 INVENTORIES - Ending $400”

Total Liabilities.1

“SECUIRTY DEPOSITS - Beginning $1670 SECUIRTY DEPOSITS - Ending $300”

Raw XML Appendix154 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SHIRLEY LANDRY
IRS990EZ/BooksInCareOfDetail/PhoneNum08062929325
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 212
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0TURKEY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd079261
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt059062
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt033371
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt08151
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-24420
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0600
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0158062
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0132371
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt015414
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt061
IRS990EZ/LandAndBuildingsGrp/BOYAmt091200
IRS990EZ/LandAndBuildingsGrp/EOYAmt091200
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0156392
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0132071
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0156392
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0132071
IRS990EZ/OccupancyRentUtltsAndMaintAmt024544
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt04800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHIRLEY LANDRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MELVIN CLINTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CAROL REDD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARTHA BRADSHAW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LACY CRUSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5VICKEY LINDSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6WANDA FAUGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Foundation Mgr.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt07800
IRS990EZ/OtherAssetsTotalDetail/EOYAmt07800
IRS990EZ/OtherChangesInNetAssetsAmt099
IRS990EZ/OtherExpensesTotalAmt08374
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0AFFORDABLE HOUSING IN A RURAL AREA
IRS990EZ/PrintingPublicationsPostageAmt0266
IRS990EZ/ProgramServiceRevenueAmt07202
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Affordable housing in a rural area
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt039834
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt06050
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01670
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0300
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt039834
IRS990EZ/TotalProgramServiceExpensesAmt039834
IRS990EZ/TotalRevenueAmt015414
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $5324
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUPPLIES $1217
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UTILITIES $964
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FUEL $783
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DUES $48
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SMALL TOOLS $13
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FURNITURE - Beginning $7400 FURNITURE - Ending $7400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8INVENTORIES - Beginning $400 INVENTORIES - Ending $400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SECUIRTY DEPOSITS - Beginning $1670 SECUIRTY DEPOSITS - Ending $300
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MELVIN CLINTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TURKEY INDUSTRIAL & DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0TURK
ReturnHeader/Filer/EIN0751545911
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 212
ReturnHeader/Filer/USAddress/CityNm0TURKEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079261
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452305032
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Lisa B Corbett CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0504 Main St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Turkey
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079261
ReturnHeader/PreparerPersonGrp/PhoneNum08064020984
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lisa B Corbett
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-02-28T08:47:36-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MELVIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CLINTON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$132,371
Liabilities
$300
Net assets
$132,071
Revenue
$15,414
Expenses
$39,834
Net income
-$24,420
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.44$0.01$0.44$0.56$0.46$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.01$1.24$0.17$0.24$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$0.15$0.40$0.24
2021Detailed filing. Detailed filing data is available for this year.$1.58$0.02$1.56$0.27$0.36$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.67$0.02$1.66$0.31$0.22$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.59$0.02$1.58$0.24$0.19$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.54$0.02$1.52$0.45$0.20$0.25