Turning Point Action Inc is located in Crown Point, IN. As of 06/2022, Turning Point Action Inc employed 11 individuals. Turning Point Action Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Turning Point Action Inc generated $2.6m in total revenue. All expenses for the organization totaled $4.3m during the year ending 06/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SOCIAL WELFARE THROUGH RAISING AWARENESS ABOUT FREE MARKETS AND CAPITALISM, INITIATING CIVIC ACTION AMONGST THE YOUNGER GENERATION AND EDUCATING YOUTH IN ORDER TO BE A RESOURCE FOR FREE MARKET THINKERS TO FUTHER ADVANCE THEIR VALUES TO EDUCATE AND EMPOWER THE YOUNGER GENERATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE SOCIAL WELFARE THROUGH RAISING AWARENESS ABOUT FREE MARKETS AND CAPITALISM, INITIATING CIVIC ACTION AMONGST THE YOUNGER GENERATION AND EDUCATING YOUTH IN ORDER TO BE A RESOURCE FOR FREE MARKET THINKERS TO FURTHER ADVANCE THEIR VALUES TO EDUCATE AND EMPOWER THE YOUNGER GENERATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Kirk President/ceo | OfficerTrustee | 10 | $98,560 |
Tom Sodeika Treasurer | OfficerTrustee | 1 | $0 |
Scott Studebaker Secretary | OfficerTrustee | 1 | $0 |
Bob Mcewen Director | Trustee | 1 | $0 |
Tyler Bowyer Chief Operating Officer | Officer | 20 | $70,840 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Olympic Media Communications & Fundraising Consulting | 6/29/22 | $792,702 |
Mosaic Event Productions Event Stages/lighting/video Production | 6/29/22 | $153,211 |
American Philanthropic Communications & Fundraising Consulting | 6/29/22 | $132,091 |
1ten Llc Social/digital Media/ad Placement | 6/29/22 | $128,000 |
The Mcentee Group Llc Communications Consulting | 6/29/22 | $107,500 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,609,082 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,609,082 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $2,609,082 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
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. | $171,600 |
Compensation of current officers, directors, key employees. | $12,168 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $313,845 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $5,053 |
Payroll taxes | $45,615 |
Fees for services: Management | $0 |
Fees for services: Legal | $43,651 |
Fees for services: Accounting | $52,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $328,983 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $13,167 |
Advertising and promotion | $385,543 |
Office expenses | $123,737 |
Information technology | $31,160 |
Royalties | $0 |
Occupancy | $4,250 |
Travel | $21 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,486,666 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $4,328,621 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,015,110 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,364 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,022,474 |
Accounts payable and accrued expenses | $512,746 |
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 | $512,746 |
Net assets without donor restrictions | $509,728 |
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 | $1,022,474 |
Over the last fiscal year, Turning Point Action Inc has awarded $2,720,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
TURNING POINT USA PURPOSE: AWARENESS OF FREE MARKETS | $1,350,000 |
TRUE THE VOTE PURPOSE: GENERAL SUPPORT | $10,000 |
TURNING POINT USA PURPOSE: AWARENESS OF FREE MARKETS | $1,350,000 |
TRUE THE VOTE PURPOSE: GENERAL SUPPORT | $10,000 |