Tm Forum FY2022 filing

Not tax-deductible

Parsippany, NJ501(c)(6)Since 1988EIN 22-2926307

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The Forum drives collaboration and collective problem-solving to maximize the business success of communication and digital service providers and the ecosystem of suppliers.

$4.9M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $751K a year · 3% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$4.9M
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$12.8M
73% of total assets
Worth a look: liabilities are 73% of assets; over 65%.
Pt X · Ln 26
Independent board members
15
of 17 voting members
Looks good: 15 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$22.7M
+12% vs prior year
Spent
$21.4M
Net assets
$4.7M
By yearFY2020–FY2025
Revenue
$22.7M
FY2022▲ +12%
Revenue by fiscal year
FY2020$21.3M
FY2021$20.3M
FY2022$22.7M
FY2023$28.6M
FY2024$32.7M
FY2025$35.9M
Expenses
$21.4M
FY2022▲ +17%
Expenses by fiscal year
FY2020$21.0M
FY2021$18.3M
FY2022$21.4M
FY2023$27.5M
FY2024$31.0M
FY2025$37.9M
Net assets
$4.7M
FY2022▲ +41%
Net assets by fiscal year
FY2020$1.3M
FY2021$3.4M
FY2022$4.7M
FY2023$5.8M
FY2024$7.5M
FY2025$5.6M

From the FY2022 Form 990 (year ending March 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

44 people listed on the 990; $4.9M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Chief Commercial Officer
$370,198Pt VII · Sec A
President & CEO
$359,326Pt VII · Sec A
Cfo,secretary/Treasurer
$278,669Pt VII · Sec A
EVP, Member Products
$237,295Pt VII · Sec A
$222,217Pt VII · Sec A
Regional Director
$218,704Pt VII · Sec A
Chief Digital Officer
$201,035Pt VII · Sec A
Regional Director, Middle
$188,959Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Tim Banham$374,642$427,972$468,251$370,198$254,045$168,590
Nik Willets—$436,395$356,974$359,326$272,381$231,485
Olga Martynov$372,748$349,270$327,700$278,669$221,314$190,550
George Glass$339,970$274,637$253,213$222,217$171,742$140,999
Paul Wilson—————$299,996
Nik Willetts$298,035—————
Gregory Geodjenian$267,523$273,200$221,717$181,687——
Andrew Tiller$263,572$233,291$232,539$237,295——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Drives collaboration and problem-solving to boost success for communication and digital service providers.

Provided by the organization

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1 program · in their own filed words · FY2021
01

The organization runs a series of events worldwide with their flagship event, digital transformation world, held in september each year. The digital transformation world conference includes 6 concurrent summits tracks over 3 days, an exhibition of more than 100 member companies, showcasing over 30 catalyst proof-of-concept projects, over…

Pt IX · col B

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$22.7M
Ln 12
Gifts and grantsLn 1h$12.5M
Fees for servicesLn 2g$10.2M
Investment incomeLn 3$3K
Money outPt IX
$21.4M
Ln 25
Owns and owesPt X
$4.7M
net assets · Ln 32
Cash and savingsLn 1–2$11.6M
Total assetsLn 16$17.5M
LiabilitiesLn 26$12.8M
PeoplePt VI, VII
44
listed · VII A
PaidVII A29
Voting boardVI 1a17
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$12.5M
Fees for servicesLn 2g$10.2M
Investment incomeLn 3$3K
Total revenueLn 12$22.7M
Assets in detailPt X, end of year
CashLn 1$11.6M
SavingsLn 2$59K
Cash and savings togetherLn 1–2$11.6M
Land, buildings, equipmentLn 10c$346K
Other assetsLn 15$81K
Total assetsLn 16$17.5M
LiabilitiesLn 26$12.8M
Net assetsLn 32$4.7M
OperationsPt I, VI
EmployeesI 541
VolunteersI 60
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$8.7M$11.6M
Land, buildings, equipmentLn 10c$216K$346K
Total assetsLn 16$13.7M$17.5M
LiabilitiesLn 26$10.3M$12.8M
Net assetsLn 32$3.4M$4.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$9.2M
Pension plan contributionsLn 8$421K
Other employee benefitsLn 9$589K
Payroll taxesLn 10$1.1M
Management feesLn 11a$2.6M
Legal feesLn 11b$149K
Accounting feesLn 11c$135K
Advertising and promotionLn 12$580K
Office expensesLn 13$154K
Information technologyLn 14$1.7M
OccupancyLn 16$180K
TravelLn 17$138K
Conferences, conventions and meetingsLn 19$1.6M
Depreciation, depletion and amortizationLn 22$184K
InsuranceLn 23$73K
Other expenses (24a–d)Ln 24$1.9M
All other expensesLn 24e$645K
Total functional expensesLn 25$21.4M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $35.9M$37.9M−$2.0M$5.6M 990 PDF
FY2024 $32.7M$31.0M$1.7M$7.5M 990 PDF
FY2023 $28.6M$27.5M$1.1M$5.8M 990 PDF
FY2022 Viewing $22.7M$21.4M$1.4M$4.7M 990 PDF
FY2021 $20.3M$18.3M$2.0M$3.4M 990 PDF
FY2020 $21.3M$21.0M$296K$1.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $22,734,515 across 5 lines filed
VIII-1b Membership dues$12,491,976
VIII-1h Total contributions, gifts and grants$12,491,976
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $1,598,607 · Excluded from tax $8,641,184$10,239,791
VIII-3 Investment incomeExcluded from tax $2,748$2,748
VIII-12 Total revenueRelated to mission $0 · Unrelated business $1,598,607 · Excluded from tax $8,643,932$22,734,515
Part IX · Statement of functional expenses $21,368,465 across 17 lines filed
IX-7 Other salaries and wages$9,197,250
IX-8 Pension plan contributions$420,876
IX-9 Other employee benefits$589,038
IX-10 Payroll taxes$1,142,643
IX-11a Management fees$2,626,956
IX-11b Legal fees$148,759
IX-11c Accounting fees$134,590
IX-12 Advertising and promotion$580,310
IX-13 Office expenses$154,028
IX-14 Information technology$1,714,712
IX-16 Occupancy$179,674
IX-17 Travel$137,729
IX-19 Conferences, conventions and meetings$1,563,248
IX-22 Depreciation, depletion and amortization$183,733
IX-23 Insurance$72,855
IX-24 Other expenses (24a–d)$1,876,727
IX-24e All other expenses$645,337
IX-25 Total functional expenses$21,368,465
Part X · Balance sheet $17,539,747 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $8,650,500$11,586,214
X-2 Savings and temporary cash investmentsStart of year $59,345$59,404
X-4 Accounts receivableStart of year $3,324,357$3,927,839
X-9 Prepaid expenses and deferred chargesStart of year $1,148,876$1,539,700
X-10c Land, buildings and equipment, netStart of year $216,470$345,933
X-15 Other assetsStart of year $305,374$80,657
X-16 Total assetsStart of year $13,704,922$17,539,747
X-17 Accounts payable and accrued expensesStart of year $2,345,372$3,988,760
X-19 Deferred revenueStart of year $7,996,946$8,822,333
X-26 Total liabilitiesStart of year $10,342,318$12,811,093
X-27 Net assets without donor restrictionsStart of year $3,362,604$4,728,654
X-32 Total net assets or fund balancesStart of year $3,362,604$4,728,654
X-33 Total liabilities and net assetsStart of year $13,704,922$17,539,747
Part XI · Reconciliation of net assets $4,728,654 net assets at year end
XI-1 Total revenue$22,734,515
XI-2 Total expenses$21,368,465
XI-3 Revenue less expenses$1,366,050
XI-4 Net assets at start of year$3,362,604
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,728,654

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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