Tgm Realty Corp 20
Tgm Realty Corp 20 shows consistent revenue growth and substantial asset accumulation with stable expenses and no reported officer compensation.
EIN: 134010424 · New York, NY · NTEE: S47 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $53.5M |
| Total Expenses | $8.3M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $500 |
| Net Assets | $288.8M |
| Transparency Score | 60/100 |
Is Tgm Realty Corp 20 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tgm Realty Corp 20 directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tgm Realty Corp 20
Tgm Realty Corp 20 (EIN: 134010424) is a nonprofit organization based in New York, NY, classified under NTEE code S47. The organization reported total revenue of $53.5M and total assets of $594.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tgm Realty Corp 20's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tgm Realty Corp 20 is a major nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27.3M |
| Total Expenses | $8.3M |
| Surplus / Deficit | +$19.1M |
| Total Assets | $571.7M |
| Total Liabilities | $282.9M |
| Net Assets | $288.8M |
| Operating Margin | 69.8% |
| Debt-to-Asset Ratio | 49.5% |
| Months of Reserves | 831.0 months |
Financial Health Grade: A
In 2023, Tgm Realty Corp 20 reported a surplus of $19.1M with revenue exceeding expenses, holds 831.0 months of operating reserves (strong position), has a debt-to-asset ratio of 49.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tgm Realty Corp 20's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.8% | +1.0% | +4.4% |
| 2022 | +15.3% | +0.6% | +9.6% |
| 2021 | +15.1% | +0.1% | +13.9% |
| 2020 | -10.4% | -28.2% | +2.8% |
| 2019 | +1.8% | +54.1% | +7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tgm Realty Corp 20 with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Tgm Realty Corp 20 allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 49.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with assets exceeding $500 million and annual revenues in the tens of millions. This suggests that executive compensation may be paid through related entities, structured as contractor fees, or that the organization is genuinely run by unpaid volunteers, which would be exceptional for its scale.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Tgm Realty Corp 20's IRS 990 filings:
- Consistent 0% officer compensation for a large organization, raising questions about actual leadership compensation structure.
- NTEE code S47 (Other Housing Activities) for a large realty corporation, which may not align with typical public charity expectations.
- Lack of detailed functional expense breakdown in provided data makes it difficult to assess program spending efficiency.
Strengths
The following positive indicators were identified for Tgm Realty Corp 20:
- Consistent revenue growth, from $19.29M in 2020 to $27.34M in 2023, indicating financial stability.
- Significant asset accumulation, reaching $571.7M in 2023, demonstrating strong financial health.
- Stable expenses relative to revenue growth, suggesting efficient cost management.
Frequently Asked Questions about Tgm Realty Corp 20
Is Tgm Realty Corp 20 a legitimate charity?
Tgm Realty Corp 20 (EIN: 134010424) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 60/100. It has 13 years of IRS 990 filings on record. Total revenue: $53.5M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Tgm Realty Corp 20 spend its money?
Tgm Realty Corp 20 directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Tgm Realty Corp 20 tax-deductible?
Tgm Realty Corp 20 is registered as a tax-exempt nonprofit (EIN: 134010424). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tgm Realty Corp 20 CEO make?
Tgm Realty Corp 20's highest-compensated officer earns $500 annually. The organization reported $53.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tgm Realty Corp 20's spending goes to programs?
Tgm Realty Corp 20 directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tgm Realty Corp 20 compare to similar nonprofits?
With a transparency score of 60/100 (Good), Tgm Realty Corp 20 is above average for NTEE category S47 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tgm Realty Corp 20 located?
Tgm Realty Corp 20 is headquartered in New York, New York and files with the IRS under EIN 134010424. It is classified under NTEE code S47.
How many years of IRS 990 filings does Tgm Realty Corp 20 have?
Tgm Realty Corp 20 has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $53.5M in total revenue.
What is the specific non-profit mission of Tgm Realty Corp 20, given its NTEE code S47?
The NTEE code S47 typically refers to 'Other Housing Activities' or 'Housing & Shelter' organizations, which can include a wide range of activities from providing affordable housing to real estate development for non-profit purposes. Understanding the specific activities is crucial to assess its impact.
How is executive leadership compensated if 0% officer compensation is reported?
The consistent reporting of 0% officer compensation for an organization of this size suggests that compensation for leadership may be structured in ways not captured under 'officer compensation' on the 990, such as through management fees to related entities or as independent contractor payments, or that it is truly volunteer-led.
What is the breakdown of program service expenses versus administrative and fundraising costs?
Without a detailed functional expense statement, it's difficult to ascertain the proportion of expenses directly dedicated to program services versus administrative overhead or fundraising. This information is critical for evaluating spending efficiency.
Filing History
IRS 990 filing history for Tgm Realty Corp 20 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tgm Realty Corp 20's revenue has grown by 27.2%, moving from $21.5M to $27.3M. Total assets increased by 25.6% over the same period, from $455.2M to $571.7M. Total functional expenses rose by 217.8%, from $2.6M to $8.3M. In its most recent filing year (2023), Tgm Realty Corp 20 reported a surplus of $19.1M, with revenue exceeding expenses. The organization holds $282.9M in liabilities against $571.7M in assets (debt-to-asset ratio: 49.5%), resulting in net assets of $288.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27.3M | $8.3M | $571.7M | $282.9M | — | — |
| 2022 | $25.6M | $8.2M | $547.5M | $278.9M | — | — |
| 2021 | $22.2M | $8.1M | $499.5M | $271.4M | — | View 990 |
| 2020 | $19.3M | $8.1M | $438.7M | $256.4M | — | View 990 |
| 2019 | $21.5M | $11.3M | $426.6M | $256.3M | — | View 990 |
| 2018 | $21.2M | $7.3M | $396.8M | $203.9M | — | View 990 |
| 2017 | $19.5M | $10.3M | $369.6M | $198.8M | — | View 990 |
| 2016 | $18.6M | $7.4M | $341.9M | $170.6M | — | View 990 |
| 2015 | $36.1M | $10.0M | $322.9M | $177.7M | — | View 990 |
| 2014 | $24.9M | $9.4M | $438.7M | $233.7M | — | View 990 |
| 2013 | $23.7M | $10.1M | $445.4M | $240.2M | — | View 990 |
| 2012 | $25.4M | $9.2M | $512.6M | $266.5M | — | View 990 |
| 2011 | $21.5M | $2.6M | $455.2M | $192.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27.3M, expenses of $8.3M, and assets of $571.7M (revenue +6.8% year-over-year).
- 2022: Revenue of $25.6M, expenses of $8.2M, and assets of $547.5M (revenue +15.3% year-over-year).
- 2021: Revenue of $22.2M, expenses of $8.1M, and assets of $499.5M (revenue +15.1% year-over-year).
- 2020: Revenue of $19.3M, expenses of $8.1M, and assets of $438.7M (revenue -10.4% year-over-year).
- 2019: Revenue of $21.5M, expenses of $11.3M, and assets of $426.6M (revenue +1.8% year-over-year).
- 2018: Revenue of $21.2M, expenses of $7.3M, and assets of $396.8M (revenue +8.6% year-over-year).
- 2017: Revenue of $19.5M, expenses of $10.3M, and assets of $369.6M (revenue +4.6% year-over-year).
- 2016: Revenue of $18.6M, expenses of $7.4M, and assets of $341.9M (revenue -48.4% year-over-year).
- 2015: Revenue of $36.1M, expenses of $10.0M, and assets of $322.9M (revenue +44.8% year-over-year).
- 2014: Revenue of $24.9M, expenses of $9.4M, and assets of $438.7M (revenue +5.0% year-over-year).
- 2013: Revenue of $23.7M, expenses of $10.1M, and assets of $445.4M (revenue -6.7% year-over-year).
- 2012: Revenue of $25.4M, expenses of $9.2M, and assets of $512.6M (revenue +18.4% year-over-year).
- 2011: Revenue of $21.5M, expenses of $2.6M, and assets of $455.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tgm Realty Corp 20:
Data Sources and Methodology
This transparency report for Tgm Realty Corp 20 is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.