Turnaround Management Association FY2020 filing

Not tax-deductible

Charlotte, NC501(c)(6)Since 1994Mutual / membership EIN 56-1903517Revenue $39K in FY2020

On file with the IRS6936 Huntfield Dr, 28270-1815 · Charlotte, NCTax-exempt since Oct 1996

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Provide opportunities for Turnaround Management professionals to network and presented trades shows to promote the industry.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2020 · Form 990-EZIndependent: 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-EZ
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $12K a year · 5% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Liabilities
$3K
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$39K
Net assets
$87K
By yearFY2020–FY2025
Revenue
$39K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$39K
FY2021$54K
FY2022$86K
FY2023$250K
FY2024$210K
FY2025$275K
Expenses
—
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022Not on file
FY2023$231K
FY2024$230K
FY2025$238K
Net assets
$87K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$87K
FY2021$83K
FY2022$95K
FY2023$161K
FY2024$141K
FY2025$178K

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 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 Oct 1996.

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

Who runs it and what they're paid

17 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Imm. Past PR
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Turnaround Management Association executive salaries →

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Programs and updates

Connects turnaround professionals for networking and industry promotion at trade shows.

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By the numbers

The FY2020 990-EZ, line by line.

1The main four
Money in
$39K
Other income$39K
Owns and owes
$87K
net assets
Liabilities$3K
People
17
listed
Paid0
2In more detail
Revenue in detail
Other income$39K
Total revenue$39K
Assets in detailEnd of year
Liabilities$3K
Net assets$87K
Operations
Employees0
Volunteers17
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $275K$238K$37K$178K 990 PDF
FY2024 $210K$230K−$20K$141K 990 PDF
FY2023 $250K$231K$20K$161K 990 PDF
FY2022 $86K$95K 990 PDF
FY2021 $54K$83K 990 PDF
FY2020 Viewing $39K$87K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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