Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1990.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
25 people listed on the 990; $629K paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Scott Y Stuart | $452,295 | — | — | — | — |
| Scott Stuart | — | $438,414 | $382,366 | $317,138 | $306,426 |
| Thomas P Jurczak | — | $159,045 | $150,060 | $28,035 | — |
| Jodi Talley | $112,194 | $128,698 | $132,801 | $106,615 | — |
| Stacey Williams | — | — | $128,763 | $102,230 | $107,021 |
| Laura Caputo | — | — | $118,705 | $112,304 | $114,218 |
| Thomas Jurczak Ends 92524 | $118,587 | — | — | — | — |
| Eddy McNeil | — | — | $116,922 | — | — |
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
Promotes corporate renewal and turnaround management through international trade.
Questions for Turnaround Management Association
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The assocation promotes the many facets of the turnaround industry through public forums, traditional communication pieces and web-based offerings, while also providing educational and networking opportunities through its periodical, journal of corporate renewal and other miscellaneous publications and newsletters.
The association held one conference and an annual convention for educational programs to improve methodologies in turnaround management and provide networking opportunities for attendees who represent the many facets of the turnaround industry.
The association provides certification to professionals in the turnaround industry. National on-line education programs are offered, and an examination program is in place for certification.
By the numbers
The FY2020 990, line by line.
Download 990
| Line | FY20 | FY19 | FY18 | FY17 | FY16 |
|---|---|---|---|---|---|
| End of yearLn 1g | $1.6M | $1.5M | $1.3M | $1.3M | $1.2M |
| SpentLn 1d–1f | $23K | $55K | $32K |
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.4M | $362K |
| InvestmentsLn 11–13 | $5.4M | $5.8M |
| Land, buildings, equipmentLn 10c | $194K | $154K |
| Total assetsLn 16 | $7.3M | $6.8M |
| LiabilitiesLn 26 | $2.3M | $1.7M |
| Net assetsLn 32 | $5.1M | $5.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $339K | |||
| Other salaries and wagesLn 7 | $1.2M | |||
| Pension plan contributionsLn 8 | $50K | |||
| Other employee benefitsLn 9 | $164K | |||
| Payroll taxesLn 10 | $97K | |||
| Legal feesLn 11b | $24K | |||
| Accounting feesLn 11c | $48K | |||
| Investment management feesLn 11f | $21K | |||
| Other fees for servicesLn 11g | $239K | |||
| Advertising and promotionLn 12 | $146K | |||
| Office expensesLn 13 | $313K | |||
| Information technologyLn 14 | $515K | |||
| OccupancyLn 16 | $216K | |||
| TravelLn 17 | $90K | |||
| Conferences, conventions and meetingsLn 19 | $516K | |||
| Payments to affiliatesLn 21 | $367K | |||
| Depreciation, depletion and amortizationLn 22 | $51K | |||
| InsuranceLn 23 | $47K | |||
| Other expenses (24a–d)Ln 24 | $10K | |||
| Total functional expensesLn 25 | $4.5M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Nov 17, 2025 | $5.4M | $6.1M | −$645K | $3.6M | 990 PDF |
| FY2023Filed with the IRS Feb 3, 2025 | $5.1M | $5.2M | −$117K | $4.5M | 990 PDF |
| FY2022Filed with the IRS Nov 15, 2023 | $4.8M | $5.1M | −$224K | $4.1M | 990 PDF |
| FY2021Filed with the IRS Nov 15, 2022 | $4.6M | $4.4M | $223K | $5.6M | 990 PDF |
| FY2020 ViewingFiled with the IRS Nov 15, 2021 | $4.1M | $4.5M | −$417K | $5.1M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $4,081,762 revenue, 12 lines filed
Part VI · Governance 22 of 22 board members independent, no flags
Part VIII · Statement of revenue $4,081,762 across 4 lines filed
Part IX · Statement of functional expenses $4,498,497 across 19 lines filed
Part X · Balance sheet $6,756,283 assets, 15 lines filed
Part XI · Reconciliation of net assets $5,058,907 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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