MISSION
The organization's mission is to provide clothing to low-income families, as well as resources for job openings, housing opportunities, and information for education advancement.
N/ADEMOGRAPHIC
ADDRESS
5301 SHADES VALLEY CV
38125
COUNTY
shelby county, TN
ORGANIZATIONAL OVERVIEW & RANKINGS
TURNAROUND is a based in MEMPHIS, TN, focused on Human Services - Multipurpose and Other causes , specifically Human Service Organizations - Multipurpose. Established in May 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,740,012 among 2,656,690 nonprofits nationally (Top 66%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 27,500 out of 52,500 organizations in TN (Top 53%).
In shelby county, TN, the organization ranks 4,103 out of 12,814 nonprofits by assets (Top 32%), while locally in memphis, it stands at 2,317 among 10,368 organizations (Top 23%).
The organization reported no revenue in the most recent filing period, placing it at 813,127 nationally and 28,718 in TN.
Within its specific NTEE classification (P20 - P: Human Services - Multipurpose and Other), which includes 71,663 similar organizations, TURNAROUND ranks 35,870 in assets (Top 51%) and 53,913 in revenue (Top 76%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year. Additional information can be found at N/A.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
P: Human Services - Multipurpose and Other
NTEE CODE
P20: Human Service Organizations - Multipurpose
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2019
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
05/2018
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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