TAG AND LABEL MANUFACTURERS INSTITUTE INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- TAG AND LABEL MANUFACTURERS INSTITUTE INC (EIN 13-5672236)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202423199349312702
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T15:47:18-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450491842 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLANKENSHIP CPA GROUP PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 WINNERS CIRCLE | AddressLine1Txt |
| City | BRENTWOOD | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37027 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135672236 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE TAG AND LABEL MANUFACTURERS | BusinessNameLine1Txt |
| Business Name Line2 | INSTITUTE (TLMI) | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TAGA | BusinessNameControlTxt |
| Phone | 5716455086 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 450 REV KELLY M SMITH WAY | AddressLine1Txt |
| City | NASHVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37203 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LINNEA KEEN | PersonNm |
| Person Title | SECRETARY/TREASURER | PersonTitleTxt |
| Phone | 6154325432 | PhoneNum |
| Signature | 2024-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SCOTT A FELTS CPA | PreparerPersonNm |
| PTIN | P01547515 | PTIN |
| Phone | 6153733771 | PhoneNum |
| Preparation | 2024-11-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LINNEA KEEN | PrincipalOfficerNm |
| Gross Receipts | $5,854,173 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.TLMI.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1988 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | THE ORGANIZATION IS A TRADE ASSOCIATION SERVING MANUFACTURERS AND SUPPLIERS OF THE TAG AND LABEL INDUSTRY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 18 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,452,819 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,622,243 | CYProgramServiceRevenueAmt |
| PY Investment Income | $76,873 | PYInvestmentIncomeAmt |
| CY Investment Income | $58,928 | CYInvestmentIncomeAmt |
| PY Other Revenue | $14,425 | PYOtherRevenueAmt |
| CY Other Revenue | $90,109 | CYOtherRevenueAmt |
| PY Total Revenue | $2,544,117 | PYTotalRevenueAmt |
| CY Total Revenue | $2,771,280 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $10,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $37,861 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $342,874 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,136,810 | PYOtherExpensesAmt |
| CY Other Expenses | $2,601,874 | CYOtherExpensesAmt |
| PY Total Expenses | $2,489,684 | PYTotalExpensesAmt |
| CY Total Expenses | $2,639,735 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $54,433 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $131,545 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,708,570 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,512,054 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,319,201 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,394,918 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,389,369 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,117,136 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE ORGANIZATION IS A TRADE ASSOCIATION SERVING MANUFACTURERS AND SUPPLIERS OF THE TAG AND LABEL INDUSTRY. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | ANNUAL CONFERENCES HELD FOR MEMBERS TO KEEP THEM INFORMED ABOUT THE LATEST DEVELOPMENTS IN THE INDUSTRY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GRANTS TO EDUCATIONAL INSTITUTIONS FOR STUDENT SCHOLARSHIPS AND THE TRAINING OF YOUNG PROFESSIONALS FOR THE BENEFIT OF THE INDUSTRY. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (true) | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 8 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (true) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (true) | NondeductibleContriDisclInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (true) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LINNEA KEEN | PersonNm |
| Phone | 5716455086 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 450 REV KELLY M SMITH WAY | AddressLine1Txt |
| City | NASHVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| JOHN ABBOTT | ||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| THOMAS BARRETT | ||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN BORRELLI | ||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| ANDREW BOYD | ||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| LORI CAMPBELL | ||||||
| PAST CHAIRMA | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| PHILIP COATES | ||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN CROSBY | ||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID ELLEN | ||||||
| SR. SUPPLIER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| MARK GLENDENNING | ||||||
| GOVERNANCE C | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| TARA HALPIN | ||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| CATHERINE HECKMAN | ||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| TIM MCDONOUGH | ||||||
| CHAIRMAN | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| JOHN MCDOWELL | ||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| MARK POLLARD | ||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| PATRICK POTTER | ||||||
| FINANCE COMM | 2.00 | Yes (X) | $0 | $0 | $0 | |
| KRISTIN YERECIC SCOTT | ||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| KRISTEN SHIELDS | ||||||
| SUPPLIER MEM | 2.00 | Yes (X) | $0 | $0 | $0 | |
| MARK TURK | ||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| INNOVATIS GROUP | |||||
| 450 REV KELLY M SMITH WAY | NASHVILLE | TN | 37203 | CONTRACTED SERV | $1,258,284 |
| THE BROADMOOR HOTEL | |||||
| 1 LAKE AVE | COLORADO SPRINGS | CO | 80906 | $583,194 | |
| MARRIOTT INTERNATIONAL | |||||
| PO BOX 403700 | ATLANTA | GA | 30384 | $143,890 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MEMBER DUES | 900099 | $1,452,229 | $1,452,229 |
| CONFERENCES | 611430 | $823,264 | $823,264 |
| SPONSORSHIPS | 900099 | $346,750 | $346,750 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,622,243 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $90,942 | TotalRevenueColumnAmt |
| Exclusion | $90,942 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,050,879 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,082,893 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$32,014 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$32,014 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$32,014 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MISC. INCOME | 900099 | $68,154 | $68,154 |
| CREDIT CARD FEE INCOME | 900099 | $21,955 | $21,955 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $90,109 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,771,280 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,680,338 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $90,942 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,861 | TotalAmt |
| Program Services | $37,861 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,050,413 | TotalAmt |
| Program Services | $682,884 | ProgramServicesAmt |
| Management And General | $367,529 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,885 | TotalAmt |
| Management And General | $9,885 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,152 | TotalAmt |
| Management And General | $1,152 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173 | TotalAmt |
| Program Services | $158 | ProgramServicesAmt |
| Management And General | $15 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,890 | TotalAmt |
| Program Services | $632 | ProgramServicesAmt |
| Management And General | $4,258 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,723 | TotalAmt |
| Program Services | $52,829 | ProgramServicesAmt |
| Management And General | $7,894 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,279 | TotalAmt |
| Management And General | $1,279 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,399 | TotalAmt |
| Program Services | $87,399 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $927,126 | TotalAmt |
| Program Services | $927,126 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,256 | TotalAmt |
| Management And General | $2,256 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,250 | TotalAmt |
| Management And General | $3,250 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| STRATEGIC PLANNING SUPPOR | $176,059 | $168,844 | $7,215 |
| MARKET INTELLIGENCE | $171,883 | $171,883 | |
| BANK FEES | $79,759 | $79,759 | |
| DONATIONS | $13,525 | $13,525 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,102 | TotalAmt |
| Management And General | $12,102 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,639,735 | TotalAmt |
| Program Services | $2,129,616 | ProgramServicesAmt |
| Management And General | $510,119 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $316,947 | BOYAmt |
| EOY | $926,156 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,304 | BOYAmt |
| EOY | $29,505 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $421,500 | BOYAmt |
| EOY | $32,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,166 | BOYAmt |
| EOY | $58,060 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $219,372 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $217,754 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,888 | BOYAmt |
| EOY | $1,618 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,829,097 | BOYAmt |
| EOY | $4,462,047 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,668 | BOYAmt |
| EOY | $2,668 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,708,570 | BOYAmt |
| EOY | $5,512,054 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,024,346 | BOYAmt |
| EOY | $768,668 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $294,855 | BOYAmt |
| EOY | $626,250 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,319,201 | BOYAmt |
| EOY | $1,394,918 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,270,003 | BOYAmt |
| EOY | $2,864,637 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,119,366 | BOYAmt |
| EOY | $1,252,499 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,389,369 | BOYAmt |
| EOY | $4,117,136 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,708,570 | BOYAmt |
| EOY | $5,512,054 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $131,545 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $596,222 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | Yes (true) | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | Yes (true) | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | false | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,119,366 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $170,994 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $37,861 | OtherExpendituresAmt |
| End Year Balance | $1,252,499 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,409,601 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$280,235 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,119,366 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,234,668 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $189,644 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,251 | OtherExpendituresAmt |
| End Year Balance | $1,409,601 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,090,682 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $164,006 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $20,020 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,234,668 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $914,486 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $206,946 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $30,750 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,090,682 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.72110 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.27890 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $219,372 | OtherCostOrOtherBasisAmt |
| Depreciation | $217,754 | DepreciationAmt |
| Book Value | $1,618 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,618 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,367,502 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $596,222 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $596,222 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,771,280 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $2,771,280 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,639,735 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $2,639,735 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $2,639,735 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 3, PART X | FormAndLineReferenceDesc |
| Explanation | TLMI HAS BEEN GRANTED EXEMPTION FROM FEDERAL AND STATE INCOME TAXATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO TLMIS TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. MANAGEMENT HAS EVALUATED TLMIS TAX POSITIONS AND CONCLUDED THAT TLMI HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, FEDERAL AND STATE INFORMATION RETURNS FOR YEARS PRIOR TO 2020 ARE NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIP GRANTS | GrantTypeTxt |
| Recipient | 1 | RecipientCnt |
| Cash Grant | $37,861 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIP GRANTS ARE SENT DIRECTLY TO THE EDUCATIONAL INSTITUTION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 3 | MANAGED BY INNOVATIS GROUP. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THE ORGANIZATION IS MADE UP OF DUES PAYING MEMEBRS. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE BOARD OF DIRECTORS HAVE 3 FACE TO FACE MEETINGS PER YEAR. AT 2 MEMBER EVENTS: CONVERTER MEETING (MARCH) AND ANNUAL MEETING (OCTOBER) PLUS ANNUAL BOARD OF DIRECTOR MEETING (MAY). CALLS WILL BE HELD AS NEEDED. |
| FORM 990, PAGE 6, PART VI, LINE 7B | GOVERNANCE DECISIONS ARE MADE BY THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | A DRAFT IS REVIEWED BY THE PRESIDENT AND BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ANNUALLY PRIOR TO THE MAY BOARD MEETING, EACH BOARD OF DIRECTORS COMPLETES THE FORM AND SENDS TO PRESIDENT WHO HOLDS IT ON FILE. |
| FORM 990, PAGE 6, PART VI, LINE 15A | TLMI PRESIDENT ANNUAL TARGETS ARE SET BY THE BOARD OF DIRECTORS. BOARD OF DIRECTORS REVIEW THE PERFORMANCE OF THE PRESIDENT ANNUALLY. THE DISCUSSION AMONGST THE BOARD TAKES PLACE IN CLOSED SESSION. CHAIRMAN AND VICE CHAIRMAN OF THE BOARD CONDUCT THE REVIEW. |
| FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE UPON REQUEST. |