Civic Intelligence

Turnaround Community Lending Inc

990EZ • Fiscal year 2022 • EIN 85-1179071

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 05, 2023

Organization ProfileN/A
PO Box 212Rutledge, TN 37861

(865) 828-5927

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.75x

Higher debt load relative to assets than 93% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

98th percentile

3.81x

Higher debt load relative to revenue than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

3rd percentile

-341%

Higher net margin than 3% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

21st percentile

-21%

Faster asset growth than 21% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

5th percentile

-81%

Faster revenue growth than 5% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$126,245

Down $33,444 (-21%) from 2021

Net Assets

Down

$32,017

Down $84,332 (-72%) from 2021

Liabilities

Up

$94,228

Up $50,888 (+117%) from 2021

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin3rd percentile

Revenue

Down

$24,757

Down $102,618 (-81%) from 2021

Expenses

Up

$109,089

Up $98,383 (+919%) from 2021

Net Income

Down

-$84,332

Down $201,001 (-172%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$200K$150K$100K$50K$0-$50KAssets 2020: $17,534Liabilities 2020: $17,854Net Assets 2020: -$3202020Assets 2021: $159,689Liabilities 2021: $43,340Net Assets 2021: $116,3492021Assets 2022: $126,245Liabilities 2022: $94,228Net Assets 2022: $32,0172022Assets 2023: $72,097Liabilities 2023: $74,782Net Assets 2023: -$2,6852023Assets 2024: $103,775Liabilities 2024: $110,551Net Assets 2024: -$6,7762024

Highlighted filing

2022

Assets$126,245
Liabilities$94,228
Net Assets$32,017
Open 2022 Filing

Operations Trend

Revenue Growth5th percentile

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

$200K$100K$0-$100KRevenue 2020: $180Expenses 2020: $500Net Income 2020: -$3202020Revenue 2021: $127,375Expenses 2021: $10,706Net Income 2021: $116,6692021Revenue 2022: $24,757Expenses 2022: $109,089Net Income 2022: -$84,3322022Revenue 2023: $91,364Expenses 2023: $126,066Net Income 2023: -$34,7022023Revenue 2024: $32,471Expenses 2024: $36,562Net Income 2024: -$4,0912024

Highlighted filing

2022

Revenue$24,757
Expenses$109,089
Net Income-$84,332
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 5, 2023
Return Version
2022v5.0
Gross Receipts
$24,757
Mission and Program Overview

Mission

Promote and create economic and community development opportunities for underserved low to moderate income individuals and families and communities of need.

To promote and create economic and community development opportunities for underserved low to moderate income individuals and families and communities of need.

Program Services

DescriptionGrantsExpenses
Promote and create economic and community development opportunities for underserved low to moderate incomeindividuals and families and communities of need.$0$69,080
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cody BrownChairmanPT$0--
Jairo VazquezVice ChairmanPT$0--
Cherry AcuffSecretary/TreasurerPT$0--
Barbie DyerBoard Member-$0--
Bo BlankenBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Turnaround Community Lending Inc
EIN
85-1179071
Phone
8658285927
Address
PO Box 212, Rutledge, TN 37861

Signing Officer

Name
Cody Brown
Title
Chairman
Phone
8658285927
Signed
2023-04-05
Discuss with paid preparer
Yes

Preparer

Firm
Sara H Knight CPA
Address
5231 Tropicana Dr, Knoxville, TN 37918
Preparer
Sara H Knight CPA
Phone
8657896187
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“Change in reserve for bad debt 129.”

Form 990EZ, Part I, Line 16

“Licenses and fees 51.”

Form 990EZ, Part I, Line 16

“Reserve for bad debt 0.”

Form 990EZ, Part I, Line 16

“Meetings & conferences 0.”

Form 990EZ, Part I, Line 16

“Supplies”

Form 990EZ, Part I, Line 16

“Interest 423.”

Form 990EZ, Part II, Line 24

“Loans receivable 24601. 22013.”

Form 990EZ, Part II, Line 24

“Grants receivable 125000. 36000.”

Form 990EZ, Part II, Line 26

“Loan loss reserve 1230. 1101.”

Form 990EZ, Part II, Line 26

“Loan payable 42110. 42584.”

Form 990EZ, Part II, Line 26

“Accounts payable 0. 50543.”

Raw XML Appendix197 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0Laura Soprano
IRS990EZ/BooksInCareOfDetail/PhoneNum08658285927
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 212
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Rutledge
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037861
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010088
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt068232
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt022500
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-84332
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0108000
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0159689
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0126245
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt024757
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt02117
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0116349
IRS990EZ/NetAssetsOrFundBalancesEOYAmt032017
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0116349
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt032017
IRS990EZ/OccupancyRentUtltsAndMaintAmt0543
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt43.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Cody Brown
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jairo Vazquez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Cherry Acuff
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Barbie Dyer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Bo Blanken
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0149601
IRS990EZ/OtherAssetsTotalDetail/EOYAmt058013
IRS990EZ/OtherExpensesTotalAmt0474
IRS990EZ/OtherRevenueTotalAmt0129
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To promote and create economic and community development opportunities for underserved low to moderate income individuals and families and communities of need.
IRS990EZ/PrintingPublicationsPostageAmt072
IRS990EZ/ProgramServiceRevenueAmt011
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Promote and create economic and community development opportunities for underserved low to moderate incomeindividuals and families and communities of need.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt069080
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt043340
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt094228
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0109089
IRS990EZ/TotalProgramServiceExpensesAmt069080
IRS990EZ/TotalRevenueAmt024757
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt022500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0125000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0147500
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02117
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02375
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0180
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04672
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt011
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0147500
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt022500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0125000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0147500
IRS990ScheduleA/TotalSupportAmt0152172
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Change in reserve for bad debt 129.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Licenses and fees 51.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Reserve for bad debt 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Meetings & conferences 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Supplies
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Interest 423.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Loans receivable 24601. 22013.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Grants receivable 125000. 36000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Loan loss reserve 1230. 1101.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Loan payable 42110. 42584.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Accounts payable 0. 50543.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Cody Brown
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/PhoneNum08658285927
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Turnaround Community Lending Inc
ReturnHeader/Filer/BusinessNameControlTxt0TURN
ReturnHeader/Filer/EIN0851179071
ReturnHeader/Filer/PhoneNum08658285927
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 212
ReturnHeader/Filer/USAddress/CityNm0Rutledge
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037861
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200223440
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sara H Knight CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05231 Tropicana Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Knoxville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037918
ReturnHeader/PreparerPersonGrp/PhoneNum08657896187
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sara H Knight CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-04-13T10:28:57-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Cody
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Brown
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
$126,245
Liabilities
$94,228
Net assets
$32,017
Revenue
$24,757
Expenses
$109,089
Net income
-$84,332
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.04$1.11$0.07$0.32$0.37$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.72$0.75$0.03$0.91$1.26$0.35
2022Detailed filing. Detailed filing data is available for this year.$1.26$0.94$0.32$0.25$1.09$0.84
2021Detailed filing. Detailed filing data is available for this year.$1.60$0.43$1.16$1.27$0.11$1.17
2020Detailed filing. Detailed filing data is available for this year.$0.18$0.18$0.00$0.00$0.01$0.00