Tg 102 INC FY2021 filing

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As a charity, provides low-income housing and resident social and educational services.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
0 of 5
filings with a surplus
Average deficit $980K a year · 1726% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
6 mo
of spending, in cash
Plus $4.1M in investments, Pt X · Ln 11–13
Looks good: 5.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$14K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$103K
+72% vs prior year
Spent
$676K
To programs
100%
Net assets
$4.6M
By yearFY2020–FY2024
Revenue
$103K
FY2021▲ +72%
Tap a bar for its year
Revenue by fiscal year
FY2020$60K
FY2021$103K
FY2021$56K
FY2022$101K
FY2023−$5K
FY2024$25K
Expenses
$676K
FY2021▲ +834%
Tap a bar for its year
Expenses by fiscal year
FY2020$72K
FY2021$676K
FY2021$88K
FY2022$593K
FY2023$89K
FY2024$3.8M
Net assets
$4.6M
FY2021▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.1M
FY2021$4.6M
FY2021$4.5M
FY2022$4.4M
FY2023$4.3M
FY2024$622K

From the FY2021 Form 990 (year ending June 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 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

100 cents of each dollar spent went to programs.

Program services 100% · $674K Management & general 0% · $2K

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

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director - See Sch O
$0Pt VII · Sec A
Mgt Agent Svpfa - See Sch O
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Asst Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See Tg 102 INC executive salaries →

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

Provides affordable housing and support services to low-income residents.

Questions for Tg 102 INC

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1 program · $674K · in their own filed words · FY2020
01

See schedule o

$674Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 7 grants · $1.2M · 2019–2023

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$103K
Ln 12
Other incomeLn 4–11$46K
Fees for servicesLn 2g$43K
Gifts and grantsLn 1h$14K
Money outPt IX
$676K
Ln 25
Programscol B$674K
Managementcol C$2K
Owns and owesPt X
$4.6M
net assets · Ln 32
Cash and savingsLn 1–2$321K
Total assetsLn 16$4.6M
LiabilitiesLn 26$14K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$14K
Fees for servicesLn 2g$43K
Other incomeLn 4–11$46K
Gains on assetsLn 7$0
Total revenueLn 12$103K
Assets in detailPt X, end of year
CashLn 1$321K
SavingsLn 2$0
Cash and savings togetherLn 1–2$321K
InvestmentsLn 11–13$4.1M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$4.6M
LiabilitiesLn 26$14K
Net assetsLn 32$4.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 67
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 FY21End FY21
Cash and savingsLn 1–2$658K$321K
InvestmentsLn 11–13$4.4M$4.1M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$5.1M$4.6M
LiabilitiesLn 26$7K$14K
Net assetsLn 32$5.1M$4.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$614K$614K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$2K$2K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$58K$58K
Advertising and promotionLn 12$0
Office expensesLn 13$3$3
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$21$21
Total functional expensesLn 25$676K$674K$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 12, 2025 $25K$3.8M−$3.7M$622K 990 PDF
FY2023Filed with the IRS Nov 15, 2024 −$5K$89K−$93K$4.3M 990 PDF
FY2022Filed with the IRS Dec 14, 2023 $101K$593K−$492K$4.4M 990 PDF
FY2021 ViewingFiled with the IRS May 16, 2022 $103K$676K−$574K$4.6M 990 PDF
FY2020Filed with the IRS Jun 4, 2021 $60K$72K−$13K$5.1M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $102,699 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $11,000$14,500
I-9 Program service revenuePrior year $45,333$42,600
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $3,350$45,599
I-12 Total revenuePrior year $59,683$102,699
I-13 Grants and similar amounts paidPrior year $11,000$614,500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $61,429$61,816
I-18 Total expensesPrior year $72,429$676,316
I-19 Revenue less expensesPrior year −$12,746−$573,617
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $102,699 across 9 lines filed
Lines not itemized here account for $45,599 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$14,500
VIII-1h Total contributions, gifts and grants$14,500
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $42,600$42,600
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $42,600 · Unrelated business $42,802 · Excluded from tax $2,797$102,699
Part IX · Statement of functional expenses $676,316 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $614,500$614,500
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $1,715$1,715
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $58,000$58,000
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $3$3
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $2,077$2,077
IX-24 Other expenses (24a–d)Programs $21$21
IX-25 Total functional expensesPrograms $674,236 · Management $2,080 · Fundraising $0$676,316
Part X · Balance sheet $4,565,393 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $658,469$320,968
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $35,970$98,737
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $1,473$91
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $4,426,177$4,145,597
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $5,122,089$4,565,393
X-17 Accounts payable and accrued expensesStart of year $6,519$13,684
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $6,519$13,684
X-27 Net assets without donor restrictionsStart of year $5,115,570$4,551,709
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $5,115,570$4,551,709
X-33 Total liabilities and net assetsStart of year $5,122,089$4,565,393
Part XI · Reconciliation of net assets $4,551,709 net assets at year end
XI-1 Total revenue$102,699
XI-2 Total expenses$676,316
XI-3 Revenue less expenses−$573,617
XI-4 Net assets at start of year$5,115,570
XI-9 Other changes in net assets$9,756
XI-10 Net assets at end of year$4,551,709

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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