Toastmasters International

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Worldwide education programs to improve communication, public speaking, and leadership skills.

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
Run by 159,963 volunteers and 163 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
2 of 5
filings with a surplus
Average deficit $292K a year · under 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.4M
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $17K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$13.5M
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
19
of 19 voting members
Looks good: 19 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$36.0M
+29% vs prior year
Spent
$39.0M
To programs
67%
Net assets
$41.9M
By yearFY2020–FY2024
Revenue
$36.0M
FY2024▲ +29%
Tap a bar for its year
Revenue by fiscal year
FY2020$29.7M
FY2021$29.2M
FY2022$26.2M
FY2023$27.9M
FY2024$36.0M
Expenses
$39.0M
FY2024▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$24.8M
FY2021$23.2M
FY2022$28.8M
FY2023$34.8M
FY2024$39.0M
Net assets
$41.9M
FY2024▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$48.8M
FY2021$54.8M
FY2022$50.8M
FY2023$44.7M
FY2024$41.9M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1945.

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

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $26.2M Management & general 33% · $12.8M

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

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Who runs it and what they're paid

44 people listed on the 990; $3.4M paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Officer
$472,413Pt VII · Sec A
Chief Information Officer
$390,428Pt VII · Sec A
Mktg/Communications Direct
$281,246Pt VII · Sec A
Treasurer/CFO
$271,217Pt VII · Sec A
$184,896Pt VII · Sec A
SR. Product Owner,backoffice Systems
$184,175Pt VII · Sec A
Pmo & Business Systems Director
$166,848Pt VII · Sec A
HR & Workplace Director
$162,834Pt VII · Sec A

Daniel Rex’s $472K as Chief Executive Officer is at the 78th percentile of top reported officer pay among 290 $10–100M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2024FY2023FY2022FY2021FY2020
Daniel Rex$472,413$432,761$477,173$475,004$417,595
Heidi Hollenbeck$390,428$308,582$269,203——
John Lurquin$281,246$219,673$168,212$151,016$158,412
Hamidreza Farajian———$261,874$275,255
John Bond$271,217$264,216$263,478$258,196$239,490
Michael McGurk—$194,218$185,954——
Margaret Yamamoto$184,896$176,212$166,269$159,297$162,663
Neyra Espinoza$184,175————

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

Improves communication, public speaking, and leadership skills through worldwide education programs.

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1 program · $26.2M · in their own filed words · FY2024
01

Toastmasters international is a nonprofit educational organization that teaches public speaking and leadership skills through a worldwide network of clubs. Toastmasters international trains members to develop communication skills and apply these skills to enhance their professional lives.

$26.2Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$17K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$36.0M
Ln 12
Fees for servicesLn 2g$35.9M
Investment incomeLn 3$870K
Gifts and grantsLn 1h$101K
Money outPt IX
$39.0M
Ln 25
Programscol B$26.2M
Managementcol C$12.8M
Owns and owesPt X
$41.9M
net assets · Ln 32
Cash and savingsLn 1–2$17.2M
Total assetsLn 16$55.4M
LiabilitiesLn 26$13.5M
PeoplePt VI, VII
44
listed · VII A
PaidVII A17
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$101K
Fees for servicesLn 2g$35.9M
Investment incomeLn 3$870K
Gains on assetsLn 7$448K
Total revenueLn 12$36.0M
Assets in detailPt X, end of year
SavingsLn 2$17.2M
Cash and savings togetherLn 1–2$17.2M
InvestmentsLn 11–13$10.5M
Land, buildings, equipmentLn 10c$25.4M
Other assetsLn 15$180K
Total assetsLn 16$55.4M
LiabilitiesLn 26$13.5M
Net assetsLn 32$41.9M
OperationsPt I, VI
EmployeesI 5163
VolunteersI 6159,963
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$17.4M$17.2M
InvestmentsLn 11–13$9.7M$10.5M
Land, buildings, equipmentLn 10c$26.2M$25.4M
Total assetsLn 16$55.7M$55.4M
LiabilitiesLn 26$10.9M$13.5M
Net assetsLn 32$44.7M$41.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$10K$10K
Pay of current officers, directors and key staffLn 5$3.0M$499K$2.5M
Other salaries and wagesLn 7$10.3M$6.8M$3.5M
Other employee benefitsLn 9$1.6M$1.2M$416K
Payroll taxesLn 10$914K$535K$379K
Legal feesLn 11b$658K$658K
Accounting feesLn 11c$81K$15K$66K
Investment management feesLn 11f$89K$89K
Other fees for servicesLn 11g$3.0M$895K$2.1M
Advertising and promotionLn 12$14K$14K
Office expensesLn 13$79K$57K$22K
Information technologyLn 14$1.7M$1.2M$515K
OccupancyLn 16$261K$118K$143K
TravelLn 17$1.0M$802K$214K
Conferences, conventions and meetingsLn 19$2.9M$2.4M$530K
Depreciation, depletion and amortizationLn 22$2.2M$1.1M$1.0M
InsuranceLn 23$145K$145K
Other expenses (24a–d)Ln 24$10.4M$10.4M$26K
All other expensesLn 24e$795K$316K$479K
Total functional expensesLn 25$39.0M$26.2M$12.8M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 10, 2025 $36.0M$39.0M−$3.0M$41.9M 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $27.9M$34.8M−$6.9M$44.7M 990 PDF
FY2022 $26.2M$28.8M−$2.6M$50.8M 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $29.2M$23.2M$6.0M$54.8M 990 PDF
FY2020Filed with the IRS Nov 10, 2021 $29.7M$24.8M$4.9M$48.8M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $36,035,242 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $82,521$100,695
I-9 Program service revenuePrior year $28,791,437$35,945,646
I-10 Investment incomePrior year $346,449$869,843
I-11 Other revenuePrior year −$1,275,221−$880,942
I-12 Total revenuePrior year $27,945,186$36,035,242
I-13 Grants and similar amounts paidPrior year $16,201$9,931
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $15,362,138$15,771,934
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $19,439,022$23,251,354
I-18 Total expensesPrior year $34,817,361$39,033,219
I-19 Revenue less expensesPrior year −$6,872,175−$2,997,977
Part VI · Governance 19 of 19 board members independent, no flags
VI-1a Voting members of the governing body19
VI-1b Independent voting members19
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 $36,035,242 across 8 lines filed
Lines not itemized here account for −$1,937,252 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$100,695
VIII-1h Total contributions, gifts and grants$100,695
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $35,852,314$35,852,314
VIII-3 Investment incomeExcluded from tax $422,153$422,153
VIII-5 RoyaltiesExcluded from tax $32,701$32,701
VIII-6 Net rental income or lossExcluded from tax $1,116,941$1,116,941
VIII-7 Net gain or loss on sales of assetsExcluded from tax $447,690$447,690
VIII-12 Total revenueRelated to mission $33,915,062 · Unrelated business $0 · Excluded from tax $2,019,485$36,035,242
Part IX · Statement of functional expenses $39,033,219 across 19 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $9,931$9,931
IX-5 Pay of current officers, directors and key staffPrograms $499,366 · Management $2,502,919$3,002,285
IX-7 Other salaries and wagesPrograms $6,789,984 · Management $3,495,204$10,285,188
IX-9 Other employee benefitsPrograms $1,154,732 · Management $416,165$1,570,897
IX-10 Payroll taxesPrograms $534,887 · Management $378,677$913,564
IX-11b Legal feesManagement $658,099$658,099
IX-11c Accounting feesPrograms $15,329 · Management $65,853$81,182
IX-11f Investment management feesManagement $88,809$88,809
IX-11g Other fees for servicesPrograms $895,148 · Management $2,078,430$2,973,578
IX-12 Advertising and promotionPrograms $14,338$14,338
IX-13 Office expensesPrograms $57,389 · Management $21,522$78,911
IX-14 Information technologyPrograms $1,155,434 · Management $514,643$1,670,077
IX-16 OccupancyPrograms $118,314 · Management $142,888$261,202
IX-17 TravelPrograms $802,160 · Management $214,227$1,016,387
IX-19 Conferences, conventions and meetingsPrograms $2,351,730 · Management $529,740$2,881,470
IX-22 Depreciation, depletion and amortizationPrograms $1,139,769 · Management $1,046,344$2,186,113
IX-23 InsuranceManagement $145,204$145,204
IX-24 Other expenses (24a–d)Programs $10,375,091 · Management $26,167$10,401,258
IX-24e All other expensesPrograms $315,933 · Management $478,793$794,726
IX-25 Total functional expensesPrograms $26,229,535 · Management $12,803,684 · Fundraising $0$39,033,219
Part X · Balance sheet $55,432,461 assets, 16 lines filed
X-2 Savings and temporary cash investmentsStart of year $17,412,763$17,245,481
X-4 Accounts receivableStart of year $329,887$276,213
X-8 Inventories for sale or useStart of year $471,970$507,532
X-9 Prepaid expenses and deferred chargesStart of year $1,379,026$1,336,421
X-10c Land, buildings and equipment, netStart of year $26,177,754$25,383,459
X-11 Publicly traded securitiesStart of year $9,652,707$10,503,197
X-15 Other assetsStart of year $229,044$180,158
X-16 Total assetsStart of year $55,653,151$55,432,461
X-17 Accounts payable and accrued expensesStart of year $2,829,223$3,861,618
X-19 Deferred revenueStart of year $7,265,125$8,743,532
X-25 Other liabilitiesStart of year $814,701$882,601
X-26 Total liabilitiesStart of year $10,909,049$13,487,751
X-27 Net assets without donor restrictionsStart of year $44,703,917$41,889,148
X-28 Net assets with donor restrictionsStart of year $40,185$55,562
X-32 Total net assets or fund balancesStart of year $44,744,102$41,944,710
X-33 Total liabilities and net assetsStart of year $55,653,151$55,432,461
Part XI · Reconciliation of net assets $41,944,710 net assets at year end
XI-1 Total revenue$36,035,242
XI-2 Total expenses$39,033,219
XI-3 Revenue less expenses−$2,997,977
XI-4 Net assets at start of year$44,744,102
XI-5 Net unrealized gains (losses) on investments$198,585
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$41,944,710

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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