Turning Point Ministries Foundation
- Assets
- $1.6m
- Revenue
- $76.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Lakeside, CA
- Founding
- 07/2014
- Data as of
- 06/2022
- EIN
- 46-2987710
Organization Overview
Turning Point Ministries Foundation is located in Lakeside, CA. The organization was established in 2014. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Turning Point Ministries Foundation 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 06/2022, Turning Point Ministries Foundation generated $76.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year .
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING TURNING POINT FOR GOD, A CALIFORNIA NONPROFIT ORGANIZATION, IN REACHING ITS MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SPECIFIC PURPOSE FOR WHICH THIS CORPORATION IS FORMED IS TO PRESENT JESUS CHRIST, GOD IN THE FLESH, THE SON OF GOD, AS THE SOURCE AND MEANS FOR THE REALIZATION AND FULFILLMENT OF PEOPLE'S BASIC NEEDS AND DESIRES, BOTH ETERNALLY AND TEMPORALLY, AND TO SUPPORT TURNING POINT FOR GOD, A CALIFORNIA NONPROFIT RELIGIOUS CORPORATION, IN ITS MISSION TO PROMOTE AWARENESS OF THE NEED FOR A PERSONAL RELATIONSHIP WITH JESUS CHRIST AND TO DEPEND UPON HIM AS THE SOURCE OF STRENGTH, WISDOM, UNDERSTANDING AND ABILITY TO DEAL WITH ONE'S PERSONAL PROBLEMS AND AFFAIRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David M Jeremiah Director / Secretary | OfficerTrustee | 0.1 | $0 |
Lisa Reschetnikow President | Officer | 30 | $0 |
Brian Cook CFO | Officer | 0.1 | $0 |
Dick Korpan Director/co-Chairman | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $33,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,397 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,397 |
| Total Program Service Revenue | $0 |
| Investment income | $22 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $76,419 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $775 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,671 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,746 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $35,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $557,573 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,071,259 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,628,832 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,628,832 |
| Net assets with donor restrictions | $0 |
| 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 | $1,628,832 |
Grants Awarded
Over the last fiscal year, Turning Point Ministries Foundation has awarded $2,312,004 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Lakeside, CA PURPOSE: General Support | $2,292,004 |
Winston Salem, NC PURPOSE: General Support | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Turning Point Ministries Foundation has recieved totaling $35,492.
| Awarding Organization | Amount |
|---|---|
Turning Point For God Lakeside, CA PURPOSE: General giving | $33,000 |
Kyra Gebhardt Charitable Foundation Tulsa, OK PURPOSE: GENERAL SUPPORT | $2,400 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $92 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Build Inc Los Angeles, CA | $3,997,471 | $9,365,253 |
Lake Mission Viejo Association Mission Viejo, CA | $11,099,981 | $7,973,182 |
Masters Academy International Inc Sun Valley, CA | $13,685,330 | $10,175,321 |
Society For Christian Instruction Ripon, CA | $27,201,760 | $9,423,324 |
Village Missions Dallas, OR | $5,481,807 | $8,833,787 |
Path Of Life Ministries Riverside, CA | $2,263,670 | $6,512,094 |
Reasons To Believe Covina, CA | $11,307,882 | $5,805,662 |
Priority Living Inc Corona, CA | $3,682,514 | $6,284,416 |
Global Training Network Inc Peoria, AZ | $3,445,890 | $6,634,687 |
Desert Trails Inc Adelanto, CA | $15,530,749 | $7,542,777 |
New Generations Los Altos, CA | $5,470,778 | $6,966,320 |
Langham Partnership Usa Inc Nfp Cave Creek, AZ | $4,743,435 | $6,322,505 |