Overview
What is Turning Point Recovery Residence Inc?
Turning Point Recovery Residence Inc is a nonprofit organization situated in Nashville, Tennessee, dedicated to addressing alcohol and drug dependency. Their primary mission is to offer treatment services for individuals struggling with substance abuse issues. As a prevention and treatment organization, they strive to provide essential resources and care to help those affected by alcohol and drug addiction overcome their challenges and regain control of their lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating.
Turning Point Recovery Residence Inc has received a Two-Star rating from Charity Navigator, reflecting a moderate level of accountability and financial health. The organization has a strong program expense ratio of 79.09%, indicating that a significant portion of its resources is directed towards its mission-related programs. Additionally, it has a favorable liabilities to assets ratio of 45.82%, suggesting a stable financial footing.
However, the organization faces notable weaknesses in its governance practices. There are no independent board members, which raises concerns about oversight and accountability. Furthermore, key policies such as a whistleblower policy are missing, and important documents like the tax form are not posted on its website, potentially limiting transparency for stakeholders.
Overall, while Turning Point Recovery Residence Inc demonstrates a commitment to its programs and maintains reasonable financial health, improvements in governance and transparency are essential for enhancing its rating and building trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Turning Point Recovery Residence Inc legitimate?
Turning Point Recovery Residence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Turning Point Recovery Residence Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $64,252
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,971
For more financial information, click here
What is the mission statement of Turning Point Recovery Residence Inc?
Turning Point Recovery Residence Inc is dedicated to providing alcohol and drug treatment services. Their mission is centered around alleviating alcohol and drug dependencies, aiming to help individuals overcome substance abuse issues and lead healthier lives. By offering treatment, they strive to contribute to the betterment of society and the well-being of those struggling with addiction.
Who is the CEO of Turning Point Recovery Residence Inc?
Michael Randall is the President of Turning Point Recovery Residence Inc.
What is the revenue of Turning Point Recovery Residence Inc?
Turning Point Recovery Residence Inc's revenue in 2022 was $287,807.
Who are the executives of Turning Point Recovery Residence Inc and what are their salaries?
The average compensation at Turning Point Recovery Residence Inc during 2022 was $17,806. There are 4 employees at Turning Point Recovery Residence Inc.
Here are 5 key members and their salaries:
- Compensation: $52,252
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Turning Point Recovery Residence Inc?
Turning Point Recovery Residence Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Turning Point Recovery Residence Inc
Turning Point Recovery Residence, a notable nonprofit organization, is dedicated to the prevention and treatment of alcohol and drug dependency. Their ultimate mission lies in providing aid to individuals struggling with these issues, offering a pathway towards recovery and a improved quality of life. By offering alcohol and drug treatment, Turning Point Recovery Residence aims to foster healing and empower those dealing with addiction, offering them a chance at a healthier, substance-free future.
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Impact
June, 2024
Turning Point Recovery Residence Inc provides essential alcohol and drug treatment services in Nashville, TN, supporting individuals struggling with substance dependencies. Their impact is significant in helping individuals recover from addiction, improve their mental health, and regain control over their lives. Through their dedicated efforts, Turning Point Recovery Residence Inc plays a crucial role in the community by offering crucial support and resources to those in need of substance abuse treatment.
This information is meant to be a general summary of Turning Point Recovery Residence Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $62
- Program Service Revenue: $224,233
- Gross Receipts: $287,807
Assets and Liabilities:
- Total Assets: $509,840
- Total Liabilities: $300,847
- Net Assets: $208,993
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rentals
Revenue
$224,233
Organization Details
Founding Year
1995
Principal Officer
Michael Randall
Main Address
342 Valeria Street, Nashville, TN, 37210
NTEE Category
Code: F22 - Mental health
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