Public Charity

U-TURN

Based in RICHMOND, VA, U-TURN operates as a Public Charity. The organization reported $40K in revenue, $12K in expenses, $1.4M in total assets for fiscal year 2026. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $10K.

EIN: 541771281 RICHMOND, VA Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2026
Total Revenue$40K
Total Expenses$12K
Total Assets$1.4M
Grant Records1
Funding Total$10K
Filing Years2022–2026

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.

Where $100 goes at U-Turn

How U-Turn divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$74 Programs the work itself
$25 Management running the organization
$1 Fundraising raising the next dollar

Inside the $74 for programs

$74
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
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2026. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2018
GENERAL PURPOSES
$10,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

DIRECTOR Daniel Palazzolo
CHAIRMAN Ken Lambiotte
TREASURER Kevin Salminen
SECRETARY Kyle Sherman
DIRECTOR Simeon Harris

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2026 $40K $12K $1.4M
2025 $61K $837K $1.4M
2024 $735K $2.1M $2.2M
2023 $901K $1.4M $4.5M
2022 $2.7M $2.2M $4.6M

Between 2022 and 2026, reported annual revenue declined from $2.7M to $40K (-99%), with total assets most recently reported at $1.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for U-TURN

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