2022-05-12T19:22:40-05:00 2021-06-30 860133881 HENRY & HORNE LLP 2055 E WARNER ROAD SUITE 101 TEMPE AZ 85284 990 2020-07-01 800835023 TURNING POINT USA INC TURN 8448721776 4940 E BEVERLY RD PHOENIX AZ 85044 TOM SODEIKA SECRETARY/TREASURER 8448721776 2022-05-10 1 TOM SODEIKA 999009999 COLETTE KAMPS CPA P00367616 4808394900 2022-05-10 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z CHARLES KIRK 60120295 0 X TPUSA.COM X 2012 IN TURNING POINT USA EDUCATES STUDENTS ABOUT THE IMPORTANCE OF FISCAL RESPONSIBILITY, FREE MARKETS, AND CAPITALISM. THROUGH NON-PARTISAN DEBATE, DIALOGUE, AND DISCUSSION, TURNING POINT USA BELIEVES THAT EVERY YOUNG PERSON CAN BE ENLIGHTENED TO TRUE FREE MARKET VALUES. 5 4 457 132645 33227 32227 39345750 55294507 511000 605166 -11458 15088 -2003 -122326 39843289 55792435 17252590 19030934 0 0 7803022 10320827 768936 1385406 3192028 12562010 16740124 38386558 47477291 1456731 8315144 7306560 16346416 767888 1543937 6538672 14802479 X TURNING POINT USA EDUCATES STUDENTS ABOUT THE IMPORTANCE OF FISCAL RESPONSIBILITY, FREE MARKETS, AND CAPITALISM. THROUGH NON-PARTISAN DEBATE, DIALOGUE, AND DISCUSSION, TURNING POINT USA BELIEVES THAT EVERY YOUNG PERSON CAN BE ENLIGHTENED TO TRUE FREE MARKET VALUES. 0 0 18825000 18825000 TURNING POINT USA RAISES FUNDS FOR ITS LONG-TERM VITALITY AND SPECIAL PROJECTS, ALL IN FURTHERANCE OF ITS TAX-EXEMPT PURPOSES. TURNING POINT USA DISTRIBUTED $18,825,000 TO ITS RELATED ENTITY TURNING POINT ENDOWMENT, WHICH IS ANOTHER 501C3 TAX-EXEMPT CORPORATION ORGANIZED AND OPERATED AS A TYPE I SUPPORTING ORGANIZATION EXCLUSIVELY FOR TURNING POINT USA'S BENEFIT. 5844985 610689 THE TURNING POINT USA EVENTS PROGRAM PROVIDES STUDENTS FROM ALL 50 STATES THE UNIQUE EDUCATIONAL OPPORTUNITY OF LEARNING FIRST HAND FROM THOUGHT LEADERS THAT HAVE EXPERTISE IN FISCAL RESPONSIBILITY, FREE MARKETS, AND CAPITALISM. ADDITIONALLY, THESE EVENTS PROVIDE STUDENTS THE OPPORTUNITY TO LEARN FROM ONE ANOTHER AS THEY GATHER WITH THEIR PEERS FROM ALL ACROSS THE COUNTRY. IN THE FISCAL YEAR ENDING 6/30/2021, THE EVENTS PROGRAM HOSTED A COMBINED 4,490 ATTENDEES AT ITS REGIONAL AND NATIONAL EVENTS. 4117316 63552 THE TURNING POINT USA FIELD PROGRAM FULFILLS A CRITICAL ROLE IN TURNING POINT'S MISSION OF EDUCATING STUDENTS ABOUT THE IMPORTANCE OF FISCAL RESPONSIBILITY, FREE MARKETS, AND CAPITALISM. TURNING POINT FIELD REPRESENTATIVES ARE ON COLLEGE AND HIGH SCHOOL CAMPUSES ACROSS THE COUNTRY DAILY ACCOMPLISHING THIS MISSION BY PROVIDING INTERACTIVE INSTRUCTION AND DISTRIBUTING EDUCATIONAL MATERIALS. DURING THE FISCAL YEAR ENDING 6/30/2021, THE FIELD PROGRAM ORGANIZED 857 NEW CAMPUS CHAPTERS TO FACILITATE THESE ON-CAMPUS EDUCATIONAL EFFORTS. THE FIELD PROGRAM HOSTED 515 INSTRUCTIONAL CAMPUS EVENTS THAT WERE ATTENDED BY 50 OR MORE STUDENTS EACH. THE FIELD PROGRAM'S EFFORTS REACHED 132,645 STUDENTS. 13316731 142382 OTHER PROGRAM SERVICES INCLUDE TURNING POINT USA'S CAMPUS LEADERSHIP PROGRAMS, INFLUENCER MEDIA PROGRAMS, PRODUCTION PROGRAMS, AND DISTRIBUTION PROGRAMS. TURNING POINT USA DISTRIBUTES GRANTS TO NONPROFIT ORGANIZATIONS THAT PURSUE EFFORTS FURTHERING TURNING POINT USA'S MISSION OF EDUCATING STUDENTS ABOUT THE IMPORTANCE OF FISCAL RESPONSIBILITY, FREE MARKETS, AND CAPITALISM. 13316731 142382 42104032 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 53 0 457 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 IN X THE ORGANIZATION 8448721776 4940 E BEVERLY RD PHOENIX AZ 85044 CHARLES KIRK PRESIDENT/CEO 65.00 10.00 X X 307216 98200 2566 DOUG DEGROOTE DIRECTOR 10.00 1.00 X 0 0 0 MIKE MILLER DIRECTOR 10.00 X 0 0 0 TOM SODEIKA SECRETARY/TREASURER 10.00 1.00 X X 0 0 0 DAVID ENGLEHARDT DIRECTOR 10.00 X 0 0 0 TYLER BOWYER ASSISTANT SECRETARY/COO 40.00 5.00 X 196528 62100 2235 JUSTIN OLSON ASSISTANT TREASURER/CFO 50.00 X 155769 0 0 JOSHUA THIFAULT ADVANCEMENT STRATEGIC DIRE 40.00 X 284511 0 1924 BENJAMIN JOHNSON MANAGEMENT 40.00 X 178758 0 4340 1122782 160300 11065 5 0 1 0 MENTZER MEDIA SERVICES 2210 GREY FOX COURT BEL AIR MD 21015 TELEVISION ADS 1500000 MOSAIC EVENT PRODUCTIONS LLC DBA PHX EV 1337 E ESCUDA DR PHOENIX AZ 85024 VIDEO PRODUCTION 714820 LIONROCK VENTURES 13510 BAYLISS RD LOS ANGELES CA 90049 FUNDRAISING AND EVENT PLANNING 386693 MWPOLITICAL INC 114 KARLAND DR ATLANTA GA 30305 TEXT MESSAGE ADVERTISING 385777 STRATEGIC PARTNERS & MEDIA LLC 1851A MCGUCKIAN ST ANNAPOLIS MD 21401 TV & ONLINE ADS 350000 21 5827300 1350000 48117207 3988924 55294507 CONFERENCE FEES 611600 605166 605166 605166 727 727 3976268 10400 3967430 4877 8838 5523 14361 5523 8838 200000 5827300 355553 -155553 -155553 LICENSING FEE 900099 33227 33227 33227 55792435 610689 33227 -145988 18859911 18859911 171023 171023 594780 295943 179307 119530 9097860 7622753 557006 918101 217668 182490 13526 21652 410519 335579 31061 43879 147451 147451 234215 234215 2235777 2235777 1385406 1385406 81838 81838 2190693 1133950 721487 335256 614195 502074 46472 65649 440715 360262 33346 47107 487530 398531 36888 52111 92800 7357 85443 6195407 6195407 339879 277834 25716 36329 63851 63851 PRINTING AND PUBLICATIO 1105295 1105295 EDUCATIONAL MATERIALS 902461 902461 DIGITAL EDUCATION 879164 879164 VIDEO PRODUCTION 486206 486206 242647 152015 9067 81565 47477291 42104032 2181231 3192028 2789305 4568135 760966 2374480 2282275 5233707 59458 5913 363071 3279236 815182 1373779 2464054 9205 2200 24145 92122 1250161 7306560 16346416 767888 1182263 284757 0 76917 767888 1543937 X 3809598 5257664 2729074 9544815 6538672 14802479 7306560 16346416 8315144 -51337 0 X 0 1 X 1 0 X 8248059 10808259 23820975 39514500 55294507 137686300 8248059 10808259 23820975 39514500 55294507 137686300 24566253 113120047 2925 1729 2394 55124 727 62899 3596 33227 36823 5318111 57556 5375667 143161689 1116166 0.79020 0.74380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 2235777 0 0 0 0 0 0 2235777 0 20127640 18934324 5959278 2241162 99416 42680664 7179149 15000000 -345448 1679332 26739 20127630 1782707 6943866 115696 1663120 7179149 1825019 -38279 4033 1782707 0 1825019 1825019 1.00000 0 1 1 951215 85403 865812 2011707 567275 1444432 316314 162504 153810 2464054 DEPOSITS 1241236 RENT RECEIVABLE 8925 1250161 DUE TO TURNING POINT ENDOWMENT 76917 76917 X PART V, LINE 4: THE ENDOWMENT FUND IS HELD BY THE SUPPORTING ORGANIZATION TO TURNING POINT USA. AMOUNTS ARE APPROPRIATED FROM THIS BOARD-DESIGNATED ENDOWMENT TO SUPPORT THE PROGRAM ACTIVITIES OF TURNING POINT USA. PART X, LINE 2: TURNING POINT USA RECOGNIZES TAX POSITIONS IN THE FINANCIAL STATEMENT WHEN IT IS MORE LIKELY-THAN-NOT THAT THE POSITIONS WILL NOT BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF JUNE 30, 2021, TURNING POINT USA HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X X X X X X 1 CLOVERSTONE VENTURES LLC 919 N MARKET ST STE 950 WILMINGTON DE 19801 FUNDRAISING 0 16334200 505293 15828907 AMERICAN PHILANTHROPIC 119 N HIGH ST WEST CHESTER PA 19380 DIRECT MAIL CONSULTING 0 1711711 589258 1122453 OLYMPIC MEDIA LLC 2402 POTOMAC AVE UNIT 102 ALEXANDRIA VA 22301 FUNDRAISING 0 140567 5416 135151 ACTIVE ENGAGEMENT 113 E MARKET ST STE 300 LEESBURG VA 20176 FUNDRAISING 0 8164 20000 -11836 18194642 1119967 17074675 AL AK AR CA CO CT FL HI IL KS LA MA MS MI MN NV NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI KY GA ME MD MO NH WINTER GALA 6027300 5827300 200000 2291 243979 109283 6027300 5827300 200000 2291 243979 109283 355553 -155553 SCHEDULE G, PART I, LINE 2B, COLUMN (V) PART I, LINE 2, (III) IS MARKED YES BECAUSE, IN RARE OCCASIONS, A DONOR MAY HAND A PHYSICAL CHECK MADE PAYABLE TO TURNING POINT USA TO A FUNDRAISER, WHICH THE FUNDRAISER PROVIDES TO THE ORGANIZATION TO DEPOSIT INTO TPUSA'S BANK ACCOUNT. 1 TURNING POINT ENDOWMENT 4940 E BEVERLY RD PHOENIX AZ 85044 821225311 501(C)(3) 18825000 AWARENESS OF FREE MARKETS AMERICAN CONSERVATIVE UNION 201 N UNION ST ALEXANDRIA VA 22314 521294680 501(C)(3) 28000 AWARENESS OF FREE MARKETS 2 GRANTS TO STUDENTS 151 170393 PART I, LINE 2: TPUSA'S GRANTMAKING ACTIVITIES ARE GOVERNED BY A WRITTEN GRANT POLICY APPROVED BY THE BOARD WHICH REQUIRES GRANT APPLICANTS TO SUBMIT WRITTEN APPLICATIONS WHICH ARE REVIEWED BY A SPECIALIZED GRANT COMMITTEE AND THAT ANY INDIVIDUAL GRANTEES ARE SELECTED IN AN OBJECTIVE, NONDISCRIMINATORY MANNER. TPUSA REQUIRES ALL GRANTEES, BOTH ORGANIZATIONS AND INDIVIDUALS, TO PROVIDE ONGOING AND FINAL REPORTING ON THE USE OF THE FUNDS TO ENSURE THAT THE USE OF THE FUNDS CONTRIBUTED IMPORTANTLY TO TPUSA'S EDUCATIONAL PURPOSES AND IN ACCORDANCE WITH SECTION 501(C)(3) X 1 1 X X X X 0 0 0 1 0 0 0 1 0 CHARLES KIRK PRESIDENT/CEO 307216 98200 0 0 0 0 0 0 2566 0 309782 98200 0 0 JOSHUA THIFAULT ADVANCEMENT STRATEGIC DIRE 66332 0 218179 0 0 0 0 0 1924 0 286435 0 0 0 TYLER BOWYER ASSISTANT SECRETARY/COO 176528 62100 20000 0 0 0 0 0 2235 0 198763 62100 0 0 BENJAMIN JOHNSON MANAGEMENT 158758 0 20000 0 0 0 0 0 4340 0 183098 0 0 0 JUSTIN OLSON ASSISTANT TREASURER/CFO 155769 0 0 0 0 0 0 0 0 0 155769 0 0 0 PART I, LINE 1A THE ORGANIZATION PAID $198,423 FOR FIRST CLASS AND CHARTER TRAVEL. THERE IS A POLICY IN PLACE REGARDING FIRST CLASS AND CHARTER TRAVEL WHICH OUTLINES THE CIRCUMSTANCES WHEN SUCH TRAVEL IS CONSIDERED REASONABLE AND CUSTOMARY OR NECESSARY FOR LOGISTICAL REASONS. THE POLICY ALSO REQUIRES APPROPRIATE SUBSTANTIATION. FOR THE CEO AND MANAGEMENT, TURNING POINT MAINTAINS A WAGE AND SALARY SCALE THAT IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE. A COMPARATIVE MARKET ANALYSIS IS COMPLETED ON A PERIODIC BASIS BASED UPON INFORMATION PROVIDED BY REPUTABLE OUTSIDE SOURCES. ANY RECOMMENDED CHANGES TO THE SCALE ARE BROUGHT TO THE FINANCE COMMITTEE FOR REVIEW AND APPROVAL. THIS SCALE INCLUDES VARIOUS CATEGORIES THAT TRANSLATE TO ALL PAID POSITIONS IN THE ORGANIZATION. PART I, LINE 5 THE ADVANCEMENT STRATEGIC DIRECTOR LISTED ON PART VII HAS A COMPENSATION AGREEMENT THAT INCLUDES A COMMISSION BASED ON THE INCOME THAT HE RAISES FOR THE ORGANIZATION, BUT NOT BASED ON THE OVERALL REVENUES OF THE ORGANIZATION. HIS COMPENSATION IS BASED ON A FIXED FORMULA AMOUNT THAT HE RECEIVES IN RETURN FOR THE SERVICES THAT HE PROVIDES. PART I, LINE 7 A PORTION OF TYLER BOWYER'S COMPENSATION AND A PORTION OF BENJAMIN JOHNSON'S COMPENSATION IN FY 2021 WAS A DISCRETIONARY PERFORMANCE BONUS THAT WAS A NONFIXED PAYMENT. X 36 3967430 FMV X TRAVEL COST 2 21494 0 1 1 PART I, COLUMN (B): THE NUMBER IN PART 1, COLUMN B REPRESENTS THE NUMBER OF INDIVIDUAL CONTRIBUTIONS. PART I, LINE 32B: BROKERAGE HOUSE RECEIVES AND SELLS INVESTMENTS FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE 990 FORMS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, BOARD MEMBERS AND KEY STAFF, ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM. THE INTENT OF COMPLETING THIS FORM IS TO DISCLOSE ANY INTERESTS THAT COULD POSE A POTENTIAL CONFLICT. ANY POTENTIAL CONFLICTS THAT ARE IDENTIFIED ARE REVIEWED BY THE BOARD'S GOVERNANCE COMMITTEE , WITH RELEVANT MEMBERS RECUSING THEMSELVES ON MATTERS THAT DIRECTLY AFFECT THEM. SIGNED FORMS ARE MAINTAINED IN THE INDIVIDUAL BOARD MEMBER'S FILE. MANAGEMENT STAFF ARE ALSO REQUIRED TO COMPLETE THESE FORMS AND ARE SECURED IN A SEPARATE FILE. FORM 990, PART VI, SECTION B, LINE 15 CEO AND MANAGEMENT: TURNING POINT MAINTAINS A WAGE AND SALARY SCALE THAT IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE. A COMPARATIVE MARKET ANALYSIS IS COMPLETED ON A PERIODIC BASIS BASED UPON INFORMATION PROVIDED BY REPUTABLE OUTSIDE SOURCES. ANY RECOMMENDED CHANGES TO THE SCALE ARE BROUGHT TO THE FINANCE COMMITTEE FOR REVIEW AND APPROVAL. THIS SCALE INCLUDES VARIOUS CATEGORIES THAT TRANSLATE TO ALL PAID POSITIONS IN THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 IRS FORMS 1023 AND 990 ARE MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST FORM 990, PART XI, LINE 8 THE PRIOR PERIOD ADJUSTMENT WAS TO CORRECT RENTAL INCOME AND TO MOVE IT TO A RELATED ENTITY. TURNING POINT ENDOWMENT INC 4940 E BEVERLY RD PHOENIX AZ 85044 821225311 SUPPORTING ORGANIZATION TO TURNING POINT USA IN 501(C)(3) LINE 12A, I TURNING POINT USA 0 TURNING POINT ACTION INC 756 N MAIN ST C CROWN POINT IN 46307 464331510 EDUCATION OF STUDENTS IN 501(C)(4) N/A 0 AMERICAS TURNING POINT INC 756 N MAIN ST C CROWN POINT IN 46307 814294120 EDUCATION OF STUDENTS IN 501(C)(3) LINE 7 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0