Tg 101 INC FY2023 filing

Tax-deductible

Fort Smith, AR501(c)(3)Since 1994HousingEIN 71-0751575Revenue $1.1M in FY2023

On file with the IRSPo Box 1526, 72902-1526 · Fort Smith, ARTax-exempt since Nov 2002Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

As a charity, preserve low-income housing and provide social and educational services to residents

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average deficit $11K a year · under 1% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.6M
77% of total assets
Worth a look: liabilities are 77% of assets; over 65%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
Spent
$1.1M
To programs
91%
Net assets
$1.1M
By yearFY2023–FY2024
Revenue
$1.1M
FY2023
Tap a bar for its year
Revenue by fiscal year
FY2023$1.1M
FY2024$1.2M
Expenses
$1.1M
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2023$1.1M
FY2024$1.2M
Net assets
$1.1M
FY2023
Tap a bar for its year
Net assets by fiscal year
FY2023$1.1M
FY2024$983K

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2002.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $1.0M Management & general 9% · $103K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Tenant Counc
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Tenant Counc
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Tg 101 INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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 15aNo

Programs and updates

Preserves affordable housing and offers residents social and educational support.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $1.0M · in their own filed words · FY2022
01

As a charity, preserve low-income housing & provide social & educational services to residents.

$1.0Mprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Fees for servicesLn 2g$1.0M
Other incomeLn 4–11$20K
Investment incomeLn 3$190
Money outPt IX
$1.1M
Ln 25
Programscol B$1.0M
Managementcol C$103K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$61K
Total assetsLn 16$4.6M
LiabilitiesLn 26$3.6M
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.0M
Investment incomeLn 3$190
Other incomeLn 4–11$20K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$29K
SavingsLn 2$32K
Cash and savings togetherLn 1–2$61K
Land, buildings, equipmentLn 10c$4.2M
Other assetsLn 15$229K
Total assetsLn 16$4.6M
LiabilitiesLn 26$3.6M
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$41K$61K
Land, buildings, equipmentLn 10c$4.3M$4.2M
Total assetsLn 16$4.8M$4.6M
LiabilitiesLn 26$3.6M$3.6M
Net assetsLn 32$1.1M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$78K$78K
Payroll taxesLn 10$6K$6K
Management feesLn 11a$69K$69K
Legal feesLn 11b$7K$7K
Accounting feesLn 11c$27K$27K
Advertising and promotionLn 12$7K$7K
Office expensesLn 13$26K$26K
Conferences, conventions and meetingsLn 19$1K$1K
InterestLn 20$103K$97K$6K
Depreciation, depletion and amortizationLn 22$185K$185K
InsuranceLn 23$107K$107K
Other expenses (24a–d)Ln 24$499K$499K
Total functional expensesLn 25$1.1M$1.0M$103K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.2M$1.2M$30K$983K 990 PDF
FY2023 Viewing $1.1M$1.1M−$51K$1.1M 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2023 990 (6 parts)
Part I · Summary $1,063,554 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $1,054,377$1,043,788
I-10 Investment incomePrior year $35$190
I-11 Other revenuePrior year $16,717$19,576
I-12 Total revenuePrior year $1,071,129$1,063,554
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $79,091$84,230
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,119,990$1,030,689
I-18 Total expensesPrior year $1,199,081$1,114,919
I-19 Revenue less expensesPrior year −$127,952−$51,365
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,063,554 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,043,788$1,043,788
VIII-3 Investment incomeRelated to mission $190$190
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $19,576$19,576
VIII-12 Total revenueRelated to mission $1,063,554$1,063,554
Part IX · Statement of functional expenses $1,114,919 across 12 lines filed
IX-7 Other salaries and wagesPrograms $77,775$77,775
IX-10 Payroll taxesPrograms $6,455$6,455
IX-11a Management feesManagement $68,793$68,793
IX-11b Legal feesPrograms $6,837$6,837
IX-11c Accounting feesManagement $26,910$26,910
IX-12 Advertising and promotionPrograms $6,602$6,602
IX-13 Office expensesPrograms $25,922$25,922
IX-19 Conferences, conventions and meetingsManagement $1,426$1,426
IX-20 InterestPrograms $96,924 · Management $6,015$102,939
IX-22 Depreciation, depletion and amortizationPrograms $185,405$185,405
IX-23 InsurancePrograms $106,779$106,779
IX-24 Other expenses (24a–d)Programs $499,076$499,076
IX-25 Total functional expensesPrograms $1,011,775 · Management $103,144 · Fundraising $0$1,114,919
Part X · Balance sheet $4,633,299 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $9,841$28,892
X-2 Savings and temporary cash investmentsStart of year $31,095$31,922
X-4 Accounts receivableStart of year $10,279$5,102
X-9 Prepaid expenses and deferred chargesStart of year $32,169$22,203
X-10c Land, buildings and equipment, netStart of year $4,321,164$4,178,829
X-14 Intangible assetsStart of year $144,544$137,031
X-15 Other assetsStart of year $221,470$229,320
X-16 Total assetsStart of year $4,770,562$4,633,299
X-17 Accounts payable and accrued expensesStart of year $83,061$74,193
X-19 Deferred revenueStart of year $2,089$437
X-25 Other liabilitiesStart of year $311,468$317,483
X-26 Total liabilitiesStart of year $3,637,086$3,551,188
X-27 Net assets without donor restrictionsStart of year $1,133,476$1,082,111
X-32 Total net assets or fund balancesStart of year $1,133,476$1,082,111
X-33 Total liabilities and net assetsStart of year $4,770,562$4,633,299
Part XI · Reconciliation of net assets $1,082,111 net assets at year end
XI-1 Total revenue$1,063,554
XI-2 Total expenses$1,114,919
XI-3 Revenue less expenses−$51,365
XI-4 Net assets at start of year$1,133,476
XI-10 Net assets at end of year$1,082,111

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.