Nonprofit · EIN 54-1771281
U-TURN
Tax-exempt · RICHMOND, VA 23230
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990 | $39,616 | $12,216 | $27,400 | $1,379,958 | $0 | $1,379,958 |
| June 30, 2025 | 990 | $61,028 | $836,926 | -$775,898 | $1,352,558 | $0 | $1,352,558 |
| June 30, 2024 | 990 | $735,353 | $2,128,268 | -$1,392,915 | $2,174,326 | $0 | $2,174,326 |
Financial details: 990 for the year ended June 30, 2026
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $39,207
- Other revenue
- $409
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $108
- Accounting fees
- $8,380
- Program services (functional)
- $5,914
- Management and general (functional)
- $6,302
Balance sheet and other
- Total assets, start of year
- $1,352,558
- Total assets, end of year
- $1,379,958
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,379,958
- Net assets without donor restrictions
- $1,379,958
- Gross receipts
- $39,616
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1996
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEN LAMBIOTTE | CHAIRMAN Trustee or director, Officer | 5 | $0 |
| KYLE SHERMAN | SECRETARY Trustee or director, Officer | 2 | $0 |
| DANIEL PALAZZOLO | DIRECTOR Trustee or director | 2 | $0 |
| KEVIN SALMINEN | TREASURER Trustee or director, Officer | 5 | $0 |
| SIMEON HARRIS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2025: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEN LAMBIOTTE | CHAIRMAN Trustee or director, Officer | 5 | $0 |
| KYLE SHERMAN | SECRETARY Trustee or director, Officer | 2 | $0 |
| DANIEL PALAZZOLO | DIRECTOR Trustee or director | 2 | $0 |
| KEVIN SALMINEN | TREASURER Trustee or director, Officer | 5 | $0 |
| SIMEON HARRIS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEN LAMBIOTTE | CHAIRMAN Trustee or director, Officer | 5 | $0 |
| KYLE SHERMAN | SECRETARY Trustee or director, Officer | 2 | $0 |
| DANIEL PALAZZOLO | DIRECTOR Trustee or director | 2 | $0 |
| KEVIN SALMINEN | TREASURER Trustee or director, Officer | 5 | $0 |
| SIMEON HARRIS | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2101 MAYWILL ST, RICHMOND, VA 23230-3217
- In care of
- % ANNA E PRILLAMAN
- Principal officer (990 for 2025)
- KEVIN SALMINEN, 2101 MAYWILL STREET, RICHMOND, VA 23230
- Signed the 990
- KEVIN SALMINEN, TREASURER
- Phone
- (804) 358-2775
- Return prepared by
- BROWN EDWARDS & COMPANY LLP
Mission
DURING THE YEAR-ENDED JUNE 30, 2024, U-TURN BEGAN THE WINDING DOWN OF ITS AFFAIRS AND LIQUIDATION OF ITS NET ASSETS. PREVIOUSLY, U-TURN WAS A COMMUNITY DEVOTED TO ELEVATING LIVES (THROUGH ATHLETICS, COMMUNITY PROGRAMMING, EVENTS AND NONPROFIT DEVELOPMENT). U-TURN ALSO PROVIDED OFFICE AND MEETING SPACE TO ORGANIZATIONS THAT ALIGNED WITH U-TURN'S CORE VALUES INCLUDING CHURCHES, PARA-CHURCH MINISTRIES AND FOR-PROFIT ORGANIZATIONS.
Program accomplishments
- PRIOR TO THE YEAR ENDED JUNE 30, 2024, U-TURN OFFERED CONTINUOUS PROGRAMS, CLASSES AND ACTIVITIES ALONG WITH RELATIONSHIPS WITH ORGANIZATIONS SERVING THE GREATER METRO RICHMOND. U-TURN PARTNERED WITH NUMEROUS SPORTS AND COMMUNITY ORGANIZATIONS INCLUDING CHURCHES. THE U-TURN FACILITY OFFERED AN ENVIRONMENT WHERE ALL PROGRAMS, CLASSES AND ACTIVITIES ENCOURAGED FELLOWSHIP, INSPIRED LEADERSHIP, AND SPREAD HOPE FOR THE FUTURE OF YOUTH AND FAMILIES IN THE RICHMOND METRO AREA. DURING THE YEAR-ENDED JUNE 30, 2024, U-TURN BEGAN THE WINDING DOWN OF ITS AFFAIRS AND LIQUIDATION OF ITS NET ASSETS. U-TURN BEGAN THE PROCESS OF DISTRIBUTING IT'S NET ASSETS TO VARIOUS 501(C)(3) CHARITABLE ORGANIZATIONS.Expenses $5,914 · revenue $409
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | 990 on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1771281
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $1,379,958
- Income (IRS master file)
- $39,616
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2026 | $39,616 | $12,216 | $1,379,958 | XML |
| 990 | June 2025 | $61,028 | $836,926 | $1,352,558 | XML |
| 990 | June 2024 | $735,353 | $2,128,268 | $2,174,326 | XML |
| 990 | June 2023 | $900,815 | $1,433,029 | $4,523,732 | IRS |
| 990 | June 2022 | $2,705,410 | $2,232,927 | $4,601,690 | IRS |
| 990 | June 2021 | $547,638 | $910,629 | $4,835,705 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1771281).
Questions about U-TURN
- What is the EIN of U-TURN?
- The employer identification number (EIN) of U-TURN is 54-1771281.
- Is U-TURN tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to U-TURN tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does U-TURN file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of U-TURN due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did U-TURN last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2026.
- Who is the principal officer of U-TURN?
- The 990 for the year ended June 30, 2026 names KEVIN SALMINEN.
- Who are the officers and directors of U-TURN?
- The 990 for the year ended June 30, 2026 lists 5 people; 0 received compensation from the organization.
- How much revenue does U-TURN have?
- On its 990 for the year ended June 30, 2026 it reported revenue of $39,616, expenses of $12,216 and total assets of $1,379,958 at year end.
Other nonprofits in RICHMOND
- UNIVERSITY OF RICHMOND EIN 54-0505965 · last filed 990 for 2025
- VIRGINIA EARLY CHILDHOOD FOUNDATION EIN 20-3970624 · last filed 990 for 2025
- MEDICAL COLLEGE OF VIRGINIA FOUNDATION EIN 54-6053660 · last filed 990 for 2025
- VIRGINIA UNION UNIVERSITY EIN 54-0524516 · last filed 990 for 2025
- COLLEGIATE SCHOOL EIN 54-0528203 · last filed 990 for 2025
- THE FAISON CENTER INC EIN 03-0387451 · last filed 990 for 2025
- VIRGINIA COMMONWEALTH UNIVERSITY FOUNDATION EIN 54-0757884 · last filed 990 for 2025
- ST CHRISTOPHERS SCHOOL FOUNDATION EIN 54-1727301 · last filed 990 for 2025