Overview
What is Turnaround Tuesday Inc?
Turnaround Tuesday Inc, headquartered in Baltimore, Maryland, is a nonprofit organization dedicated to empowering underemployed and unemployed citizens. In 2022, they carried out their mission by offering numerous training sessions and essential skills courses, serving 373 participants and successfully placing 269 individuals in liveable wage jobs. The organization collaborates with local community healthcare organizations to provide training and support, contributing to the overall development of their community. Turnaround Tuesday Inc's primary objective is to prepare, train, and connect these citizens to gainful employment, ultimately aiming to foster a vibrant public life. With a team of 17 dedicated individuals, the organization is committed to helping its community members reenter the workforce and actively contribute to transforming their communities.
Official website here: www.turnaroundtuesday.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars (44%)
Turnaround Tuesday Inc has received a low rating of 44%, which translates to a Zero-Star out of Four Star rating. This indicates significant concerns regarding the charity's accountability and financial practices. While the organization benefits from a fully independent board, it lacks essential financial transparency, such as financial statements and a whistleblower policy, which are critical for maintaining donor trust and operational integrity.
One positive aspect is that the organization has not reported any material diversion of assets and has documented board meeting minutes. However, the absence of a conflict of interest policy and the missing tax form on its website raise red flags about governance practices. The program expense ratio is relatively strong at 61.61%, suggesting that a majority of its expenses are directed toward programmatic activities, but the overall financial health indicated by a liabilities to assets ratio of 130.05% is concerning.
In summary, while Turnaround Tuesday Inc demonstrates some strengths in board independence and program expenditure, the significant weaknesses in financial reporting and governance policies contribute to its low rating. Prospective donors should approach with caution and seek more information before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Turnaround Tuesday Inc legitimate?
Turnaround Tuesday Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Turnaround Tuesday 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $710,936
For more financial information, click here
Official website here: www.turnaroundtuesday.org
What is the mission statement of Turnaround Tuesday Inc?
Turnaround Tuesday Inc's mission is centered around preparing and empowering individuals who are returning to the workforce, unemployed, or underemployed, enabling them to secure living wage jobs. The organization's goal is to actively engage these citizens in transforming their communities. In the pursuit of this mission, Turnaround Tuesday Inc conducted numerous training sessions and essential skills courses, serving 373 participants and placing 269 of them in livable wage jobs. Furthermore, the organization collaborated with local community healthcare organizations to provide training and support, demonstrating its commitment to community development.
Official website here: www.turnaroundtuesday.org
Who is the CEO of Turnaround Tuesday Inc?
Ronald Peterson is the Co-Chair of Turnaround Tuesday Inc.
Official website here: www.turnaroundtuesday.org
What is the revenue of Turnaround Tuesday Inc?
Turnaround Tuesday Inc's revenue in 2022 was $1,026,639.
Official website here: www.turnaroundtuesday.org
Who are the executives of Turnaround Tuesday Inc and what are their salaries?
The average compensation at Turnaround Tuesday Inc during 2022 was $41,820. There are 17 employees at Turnaround Tuesday Inc.
Here are 11 key members and their salaries:
- Compensation: $106,300
- Related: $0
- Other: $15,945
- Compensation: $106,300
- Related: $0
- Other: $15,945
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.turnaroundtuesday.org
Where can I find the form 990 for Turnaround Tuesday Inc?
Turnaround Tuesday Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.turnaroundtuesday.org
Learn more at the official website: www.turnaroundtuesday.org
Mission Statement of Turnaround Tuesday Inc
Turnaround Tuesday Inc, a nonprofit organization, is committed to preparing, training, and connecting returning, unemployed, and underemployed citizens to liveable wage jobs. Their mission is to enable these individuals to reenter the workforce and actively contribute to transforming their communities. In carrying out this mission, Turnaround Tuesday Inc conducted numerous training sessions and essential skills courses in 2022, serving 373 participants and successfully placing 269 of them in liveable wage jobs. Furthermore, the organization collaborated with local community healthcare organizations to provide training and support, demonstrating their dedication to empowering individuals and fostering a vibrant public life.
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Impact
July, 2024
Turnaround Tuesday Inc's impact can be seen in the significant number of individuals it serves by preparing, training, and connecting returning, unemployed, and underemployed citizens to living wage jobs. In 2022, the organization held numerous training sessions and essential skills courses, benefiting 373 participants. Additionally, Turnaround Tuesday successfully placed 269 participants in livable wage jobs, contributing to the economic stability and well-being of these individuals. By partnering with local community healthcare organizations, Turnaround Tuesday also extends its reach beyond job placement, providing holistic support and training opportunities for its participants. Through its efforts in Baltimore, MD, Turnaround Tuesday is fulfilling its mission to empower individuals to reenter the workforce and play an active role in transforming their communities. The organization's commitment to human services is evident in its practical impact on the lives of those it serves.
This information is meant to be a general summary of Turnaround Tuesday 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.
- Gross Receipts: $1,026,639
Assets and Liabilities:
- Total Assets: $1,073,497
- Total Liabilities: $1,396,100
- Net Assets: -$322,603
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Organization Details
Founding Year
2018
Phone
(443) 708-8034Principal Officer
Ronald Peterson
Main Address
2519 N CHARLES STREET, BALTIMORE, MD, 212184602
Website
www.turnaroundtuesday.orgNTEE Category
Code: P19 - Human services
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