The Turning Point Foundation in New Haven, Connecticut (CT)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Connecticut
| The Turning Point Foundation | |
| Employer Identification Number (EIN) | 043758717 |
| Name of Organization | The Turning Point Foundation |
| In Care of Name | David Vieau Jr |
| Address | 980 Townsend Ave, New Haven, CT 06512-1903 |
| Subsection | Charitable Organization |
| Ruling Date | 02/2004 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2012 |
| Assets | $1 to $9,999 |
| Income | $0 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $1 |
| Amount of Income | $1,012,657 |
| Form 990 Revenue Amount | $1,012,657 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Human Service Organizations - Multipurpose |
Non-representatives - add comments:
Expenses for 2011
Assets for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $1,012,657 | $0 | $1,021,999 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $1,021,999 | |||
| Total expenses and disbursements | $1,044,587 | $0 | $1,044,587 | $0 |
| Compensation of officers, directors, trustees, etc. | $149,400 | |||
| Total operating and administrative expenses | $1,044,587 | $0 | $0 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $-31,930 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $89,041 | $89,041 |
| Cash - non-interest-bearing | $1,908 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $87,133 | |
| Total liabilities | $25,568 | |
| Mortgages and other notes payable | $25,568 | |
| Total liabilities and net assets/fund balances | $63,473 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $0 |
| Net capital loss | $-9,342 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Amount to be credited to 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | Yes |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $0 |
| Net value of noncharitable-use assets | $0 |
| Minimum investment return | $0 |
| Distributable Amount (for 2011) | |
| Distributable amount | $0 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $0 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Other organizations in Connecticut | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Trustees Of The Bulkeley School | PO BOX 1426, New London, CT 06320-1426 | CT | 1976-12 | $582,238 |
| 2 | Ts Kim Architectural Fellowship Foundation Incorporated | 41 Rear Concord Street, West Hartford, CT 06119 | CT | 1991-12 | $167,326 |
| 3 | Tuckahoe Teachers Association Trust Fund | 10 Technology Dr, Wallingford, CT 06492-1955 | CT | 1981-08 | $264,084 |
| 4 | Tuckerbung Association Inc | Po Box 172, Gales Ferry, CT 06335 | CT | 1994-10 | $28,455 |
| 5 | Tudor Foundation Inc | 1275 King St, Greenwich, CT 06831-2936 | CT | 1998-01 | $4,557,000 |
| 6 | Tunxis Apartments Inc | PO BOX 300, Unionville, CT 06085-0300 | CT | 1969-05 | $214,477 |
| 7 | Tunxis Community College Foundation Inc | 271 Scott Swamp Rd, Farmington, CT 06032-3324 | CT | 1971-06 | $183,981 |
| 8 | Turn The Tide Foundation Inc | 130 Division St 2nd Flr, Derby, CT 06418-1326 | CT | 2007-10 | $42,648 |
| 9 | Turner-Lieder-Tafel Singing Society Inc | PO BOX 17325, Stamford, CT 06907-7325 | CT | 1987-04 | $40,540 |
| 10 | Turning Point Christian Center Inc | PO BOX 1913, Bristol, CT 06011-1913 | CT | 1997-10 | $211,608 |
| 11 | The Turning Point Foundation | 980 Townsend Ave, New Haven, CT 06512-1903 | CT | 2004-02 | $1,012,657 |
| 12 | Turning Wine Into Water Inc | 1053 Boston Post Rd, Darien, CT 06820-5412 | CT | 2007-06 | $30,998 |
| 13 | Turnover Shop Of Wilton Inc | 16 Downe Ln, Wilton, CT 06897-4635 | CT | 1992-01 | $441,639 |
| 14 | Twelve Steps Club Inc | 111 Elm St # H, West Haven, CT 06516-3878 | CT | 1996-12 | $61,487 |
| 15 | Twin Haven Inc | PO BOX 242, East Lyme, CT 06333-0242 | CT | 1975-12 | $468,180 |
| 16 | Twin Spruce Foundation Inc | 1911 Summer St, Stamford, CT 06905-5016 | CT | 2001-06 | $172,231 |
| 17 | Tyler Ugolyn Foundation | 17 Cardinal Court, Ridgefield, CT 06877 | CT | 2002-01 | $22,578 |
| 18 | Tyrrell Middle School Parent Teacher Organization | 500 Todd Rd, Wolcott, CT 06716-3144 | CT | 1996-11 | $52,641 |
| 19 | U & J Fishbein Charitable Foundation Inc | 100 S Main St, Wallingford, CT 06492-4217 | CT | 2007-04 | $26,272 |
| 20 | U Conn Association Of Orthodontists | 561 Saybrook Rd, Middletown, CT 06457-4791 | CT | 1984-06 | $51,022 |
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