Civic Intelligence

Turkey Industrial & Development Foundation Inc

990EZ • Fiscal year 2023 • EIN 75-1545911

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 05, 2024

Organization ProfileN/A
PO Box 212Turkey, TX 79261

(806) 282-7097

Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

71st percentile

0.04x

Higher debt load relative to revenue than 71% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Net Margin

11th percentile

-41%

Higher net margin than 11% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Asset Growth

35th percentile

-5.4%

Faster asset growth than 35% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

64th percentile

13%

Faster revenue growth than 64% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$125,251

Down $7,120 (-5.4%) from 2022

Net Assets

Down

$124,481

Down $7,590 (-5.7%) from 2022

Liabilities

Up

$770

Up $470 (+157%) from 2022

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin11th percentile

Revenue

Up

$17,382

Up $1,968 (+13%) from 2022

Expenses

Down

$24,477

Down $15,357 (-39%) from 2022

Net Income

Up

-$7,095

Up $17,325 (+71%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth35th 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

2023

Assets$125,251
Liabilities$770
Net Assets$124,481
Open 2023 Filing

Operations Trend

Revenue Growth64th 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

2023

Revenue$17,382
Expenses$24,477
Net Income-$7,095
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 5, 2024
Return Version
2023v4.0
Gross Receipts
$17,382
Mission and Program Overview

Mission

Affordable housing in a rural area

Program Services

DescriptionGrantsExpenses
Affordable housing in a rural area-$24,477
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RHONDA HILLPresidentPT$0--
MELVIN CLINTONDirectorPT$0--
CHARLES DAVISDirector-$0--
GLORIUS DAVISDirector-$0--
TORI EDWARDSDirector-$0--
VICKEY LINDSEYDirector-$0--
WANDA FAUGHTSecretary-$0--
KAYLA GUESTDirector-$0--
Filing and Contact Details

Filer

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

Signing Officer

Name
Rhonda Hill
Title
President
Signed
2024-03-05
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 $103”

Other Expenses.1002

“Office Expenses $79”

Other Expenses.1012

“Insurance $7582”

Other Expenses.1

“SUPPLIES $541”

Other Expenses.2

“UTILITIES $489”

Other Expenses.3

“DONATIONS $125”

Other Expenses.4

“FUEL $112”

Other Expenses.6

“DUES $50”

Other Expenses.7

“SMALL TOOLS $25”

Other Assets.1

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

Other Assets.2

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

Total Liabilities.1

“SECUIRTY DEPOSITS - Beginning $300 SECUIRTY DEPOSITS - Ending $770”

Raw XML Appendix162 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/PersonNm0WANDA FAUGHT
IRS990EZ/BooksInCareOfDetail/PhoneNum08062827097
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 212
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0TURKEY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd079261
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt033371
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt026251
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04652
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7095
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0804
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0132371
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0125251
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt017382
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0152
IRS990EZ/LandAndBuildingsGrp/BOYAmt091200
IRS990EZ/LandAndBuildingsGrp/EOYAmt091200
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0132071
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0124481
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0132071
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0124481
IRS990EZ/OccupancyRentUtltsAndMaintAmt09705
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt62.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt72.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RHONDA HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MELVIN CLINTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHARLES DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GLORIUS DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TORI EDWARDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5VICKEY LINDSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6WANDA FAUGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7KAYLA GUEST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt07800
IRS990EZ/OtherAssetsTotalDetail/EOYAmt07800
IRS990EZ/OtherChangesInNetAssetsAmt0-495
IRS990EZ/OtherExpensesTotalAmt09106
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0AFFORDABLE HOUSING IN A RURAL AREA
IRS990EZ/PrintingPublicationsPostageAmt062
IRS990EZ/ProgramServiceRevenueAmt012578
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Affordable housing in a rural area
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt024477
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt04800
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0300
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0770
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt024477
IRS990EZ/TotalProgramServiceExpensesAmt024477
IRS990EZ/TotalRevenueAmt017382
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $103
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $79
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $7582
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUPPLIES $541
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UTILITIES $489
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DONATIONS $125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FUEL $112
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DUES $50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SMALL TOOLS $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9FURNITURE - Beginning $7400 FURNITURE - Ending $7400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10INVENTORIES - Beginning $400 INVENTORIES - Ending $400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11SECUIRTY DEPOSITS - Beginning $300 SECUIRTY DEPOSITS - Ending $770
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Assets.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Total 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/PersonNm0RHONDA HILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-05
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/ReturnTs02024-03-13T16:20:26-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RHONDA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HILL
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$125,251
Liabilities
$770
Net assets
$124,481
Revenue
$17,382
Expenses
$24,477
Net income
-$7,095
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