What are the latest IRS Form 990 filings for Turning Point USA and what executive compensation do they list?
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Executive summary
The most recent publicly posted IRS Form 990 for Turning Point USA available in the provided reporting is labeled “2023 Form 990” (filed March 28, 2024) and covers the organization’s most recent fiscal year filing cycle (the document on Turning Point USA’s site is signed by CEO Ann Fisher Raney) [1]. The sources collected for this report confirm the existence and availability of that filing through nonprofit data aggregators such as ProPublica, but the reporting supplied here does not contain line‑item executive compensation figures extracted from that 990; the original Form 990 or ProPublica’s full filing page must be consulted for exact dollar amounts [2] [3] [1].
1. The document identified as Turning Point USA’s “latest” Form 990 and how it was found
Turning Point USA’s own PDF copy of a “2023 Form 990” is dated and signed March 28, 2024 by Ann Fisher Raney, listed as Chief Executive Officer, which the organization posted on its site and which the provided reporting surfaces [1]. Independent nonprofit databases such as ProPublica’s Nonprofit Explorer include a full filing reconstruction and link to the organization’s IRS filings for researchers, and ProPublica’s entry for Turning Point USA confirms the IRS‑processed Form 990 records are available through its service [2] [3].
2. What the public filings reveal about overall finances (context, not compensation)
Reporting that references the 2024 Form 990 situates Turning Point USA at a scale of tens of millions in revenue and expenses for the most recent period covered; one secondary summary cites roughly $85 million in revenue and about $81 million in expenses for the 2024 period reported in the organization’s latest 990, and notes grant transfers to affiliated entities in the tens of millions [4]. Instrumentl’s data feed likewise references the latest 990 data to describe grant activity and awards across 2024, underscoring that the form contains line‑by‑line financial detail useful for analysts [5].
3. What the Form 990 is supposed to disclose about executive pay and tax rules that matter
Form 990 filings are the vehicle by which tax‑exempt nonprofits report compensation for officers, directors, key employees and the top compensated employees; related IRS guidance flags special tax rules applicable when foundations (and certain nonprofits) exceed statutory compensation thresholds, for example the excise tax on excess executive compensation under Internal Revenue Code section 4960 (described in the IRS instructions for Form 990‑PF and related guidance) [6] [7]. That regulatory backdrop is why researchers look to the Form 990 schedules and Part VII/IX entries for specific officer and top‑employee pay lines.
4. What is missing from the assembled reporting and where to get the precise compensation numbers
The set of documents provided here establishes which filing to consult and confirms its availability on both the organization’s site and in ProPublica’s database, but the snippets do not include the exact dollar amounts of individual executive compensation from the most recent Form 990; therefore this analysis cannot assert specific salaries, deferred compensation, or benefit amounts for Turning Point USA’s executives without consulting the full 990 text or ProPublica’s detailed reconstructed filing [1] [2] [3]. For definitive figures, the primary source is the full Form 990 PDF or the ProPublica “Full Filing” viewer that reproduces IRS data fields; researchers should open those documents to read Part VII (compensation of officers, directors, key employees) and Schedule J where applicable [3] [1].
5. Balancing transparency and next steps for verification
The reporting collected points to clear public records—the 2023 Form 990 posted March 28, 2024 and ProPublica’s digitized filing entry—but the available excerpts do not disclose the dollar‑line compensations required to answer the user’s exact question; the credible next step is to extract the compensation lines from the Form 990 PDF or ProPublica full filing [1] [3]. Analysts should also cross‑check multiple repositories (the organization’s site, ProPublica, DocumentCloud archives for earlier 990s) because filings are sometimes amended or refiled and summaries can omit Schedule J disclosures of deferred or aggregate pay [2] [8].