Alice E Turner Memorial Trust is a 501(c)(3) organization based in Saginaw, Michigan, registered in 1994, with $98,031 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$98K
▲ 115.3% vs prior year
Expenses (FY2024)
$80K
Net assets
$1.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Alice E Turner Memorial Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Alice E Turner Memorial Trust: 164 mo reserves · +18% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Alice E Turner Memorial Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Alice E Turner Memorial Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $51K (FY2013) to $98K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
18.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $98,031▲115% | $80,016▲23.5% | $1,092,902▲1.7% | $1,092,902▲1.7% | 990PF |
| 2023 | $45,524▼31.8% | $64,796▼29.1% | $1,074,768▼1.7% | $1,074,768▼1.7% | 990PF |
| 2022 | $66,747▼33.4% | $91,442▲5.7% | $1,092,849 | $1,092,849 | 990PF |
| 2021 | $100,252▲53.3% | $86,470▲20.5% | $1,092,395▲1.3% | $1,092,395▲1.3% | 990PF |
| 2020 | $65,406▲17.1% | $71,772▼9.6% | $1,078,613▼0.6% | $1,078,613▼0.6% | 990PF |
| 2019 | $55,852▼16.7% | $79,351▲6.4% | $1,084,979▼2.1% | $1,084,979▼2.1% | 990PF |
| 2018 | $67,088▼57.6% | $74,549▲0.7% | $1,108,478▼0.7% | $1,108,478▼0.7% | 990PF |
| 2017 | $158,096▲186% | $74,039▲4.0% | $1,115,939▲8.1% | $1,115,939▲8.1% | 990PF |
| 2016 | $55,262▼21.8% | $71,166▼5.5% | $1,031,882▼1.5% | $1,031,882▼1.5% | 990PF |
| 2015 | $70,697▼2.3% | $75,279▲7.9% | $1,047,786▼0.4% | $1,047,786▼0.4% | 990PF |
| 2014 | $72,368▲41.8% | $69,788▲19.4% | $1,052,368▲0.2% | $1,052,368▲0.2% | 990PF |
| 2013 | $51,021 | $58,425▼7.1% | $1,049,788▼0.7% | $1,049,788▼0.7% | 990PF |
| 2012 | — | $62,922▲7.4% | $1,057,192▼8.9% | $1,057,192▼8.9% | 990PF |
| 2011 | — | $58,596▲6.6% | $1,160,415▼3.0% | $1,160,415▼3.0% | 990PF |
| 2010 | — | $54,983 | $1,196,751 | $1,196,751 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Alice E Turner Memorial Trust (EIN 38-6501366) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.