Turning Point Inc
- Assets
- $11.8m
- Revenue
- $10.5m
- Investments
- $0.0
- Employees
- 220
- Location
- Paterson, NJ
- Founding
- 02/1977
- Data as of
- 06/2023
- EIN
- 22-2046926
Organization Overview
Turning Point Inc is located in Paterson, NJ. The organization was established in 1977. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2023, Turning Point Inc employed 220 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Turning Point Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Turning Point Inc generated $10.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $10.6m during the year ending 06/2023. While expenses have increased by 1.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ORGANIZATION IS TO PROVIDE COMPASSIONATE TREATMENT FOR ALCOHOLISM, DRUG ADDICTION, AND THEIR CO-OCCURRING DISORDERS TO INDIVIDUALS REGARDLESS OF THEIR ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TURNING POINT OPERATES A VARIETY OF SUBSTANCE ABUSE AND CO-OCCURRING TREATMENT PROGRAMS INCLUDING MEDICALLY MONITORED SUB-ACUTE DETOXIFICATION, SHORT TERM RESIDENTIAL, HALF-WAY HOUSE, OUTPATIENT AND TRANSITIONAL LIVING, WHERE WE PROVIDE COMPASSIONATE SERVICES TO ADULT MEN AND WOMEN REGARDLESS OF THEIR ABILITY TO PAY. PLEASE REFER TO SCHEDULE O FOR A DETAILED PROGRAM DESCRIPTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Detore CEO | Officer | 40 | $269,000 |
Thomas Brady COO | Officer | 40 | $214,010 |
Robert Parkinson CFO | Officer | 40 | $169,000 |
Heidi Facchini Dir. Of Nursing | 40 | $119,261 | |
Elisa Warren Director Of A.t. | 40 | $107,500 | |
Carol Tranculov Registered Nurse | 40 | $102,418 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,662,797 |
| All other contributions, gifts, grants, and similar amounts not included above | $147,084 |
| Noncash contributions included in lines 1a–1f | $67,394 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,809,881 |
| Total Program Service Revenue | $8,207,506 |
| Investment income | $89,900 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $40,138 |
| Net Gain/Loss on Asset Sales | $92,872 |
| Net Income from Fundraising Events | $104,085 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,477,988 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $677,088 |
| Compensation of current officers, directors, key employees. | $677,088 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,897,158 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $888,806 |
| Payroll taxes | $503,134 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,872 |
| Fees for services: Accounting | $24,907 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,415 |
| Fees for services: Other | $432,324 |
| Advertising and promotion | $13,101 |
| Office expenses | $249,215 |
| Information technology | $110,796 |
| Royalties | $0 |
| Occupancy | $755,798 |
| Travel | $24,453 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,534 |
| Interest | $9 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $296,121 |
| Insurance | $213,646 |
| All other expenses | $427,477 |
| Total functional expenses | $10,647,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,270,640 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $150,597 |
| Accounts receivable, net | $920,516 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,237 |
| Net Land, buildings, and equipment | $4,372,395 |
| Investments—publicly traded securities | $2,251,510 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $809,609 |
| Total assets | $11,795,504 |
| Accounts payable and accrued expenses | $406,134 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $667,916 |
| Total liabilities | $1,074,050 |
| Net assets without donor restrictions | $4,934,256 |
| Net assets with donor restrictions | $5,787,198 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,795,504 |