Tm Forum
Tm Forum: Strong Financials, High Executive Compensation
EIN: 222926307 · Parsippany, NJ · Updated: 2026-04-04
About Tm Forum
Tm Forum (EIN: 222926307) is a nonprofit organization based in Parsippany, NJ. The organization reported total revenue of $35.9M and total assets of $24.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tm Forum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tm Forum with a Mission Score of 75 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: 75%
- fundraising: 10%
According to IRS 990 filings, Tm Forum allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation appears high relative to the organization's size and mission, with the CEO's compensation at $1,288,532 in 2023, representing a significant portion of total expenses.
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 Tm Forum's IRS 990 filings:
- High executive compensation: CEO's compensation of $1,288,532 in 2023 is substantial.
- Lack of detailed program reporting in public filings.
Strengths
The following positive indicators were identified for Tm Forum:
- Consistent revenue growth over the past several years.
- Healthy asset base of $24,084,475 in 2023.
- Positive net assets and strong financial stability.
Frequently Asked Questions about Tm Forum
What does Tm Forum do?
Tm Forum is a nonprofit organization in the Unknown sector, located in Parsippany, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Tm Forum have?
Tm Forum reported total revenue of $35,924,365. Based on 13 IRS 990 filings on record.
What are Tm Forum's total assets?
Tm Forum holds total assets of $24,084,475 as reported in IRS 990 filings.
Where is Tm Forum located?
Tm Forum is based in Parsippany, New Jersey.
What is Tm Forum's EIN?
Tm Forum's Employer Identification Number (EIN) is 222926307. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Tm Forum?
Tm Forum is classified under NTEE code Unknown (Unknown).
Is Tm Forum a registered 501(c)(3)?
Tm Forum appears in IRS records (EIN: 222926307). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Tm Forum file IRS Form 990?
Yes, Tm Forum has 13 IRS Form 990 filings on record. The most recent covers tax period 202303.
What was Tm Forum's revenue in 2023?
In the 202303 filing period, Tm Forum reported total revenue of $28,640,434, total expenses of $27,538,432, and net assets of $18,715,977.
Is Tm Forum's revenue growing or declining?
Tm Forum's revenue is growing. Revenue went from $22,734,515 (202203) to $28,640,434 (202303), a +26.0% change. Based on 13 filings on record.
What is Tm Forum's most recent 990 filing?
The most recent IRS Form 990 filing for Tm Forum covers tax period 202303. It shows revenue of $28,640,434, expenses of $27,538,432, total assets of $18,715,977, and liabilities of $12,885,320.
How much does Tm Forum spend on programs vs administration?
Based on IRS 990 analysis, Tm Forum allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Tm Forum a trustworthy charity?
Based on AI analysis of IRS 990 data, Tm Forum appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Tm Forum?
The following concerns were identified: High executive compensation: CEO's compensation of $1,288,532 in 2023 is substantial.. Lack of detailed program reporting in public filings.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Tm Forum's strengths?
Positive indicators for Tm Forum include: Consistent revenue growth over the past several years.. Healthy asset base of $24,084,475 in 2023.. Positive net assets and strong financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Tm Forum compensate executives?
Executive compensation appears high relative to the organization's size and mission, with the CEO's compensation at $1,288,532 in 2023, representing a significant portion of total expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific strategies are in place to ensure program expansion and impact are commensurate with the organization's financial strength?
While financial filings show growth, the lack of detailed program reporting makes it difficult to assess if program expansion and impact are keeping pace with the organization's increasing financial capacity. Further investigation into program-specific reporting would be needed.
How does Tm Forum justify the significant executive compensation, particularly the CEO's salary of $1,288,532 in 2023, in the context of its nonprofit status and mission?
The high executive compensation could be justified by the complexity of managing a global industry association, the need to attract top talent, and the organization's financial performance. However, without a detailed compensation philosophy or peer comparison, it raises questions about resource allocation.
Filing History
IRS 990 filing history for Tm Forum showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tm Forum's revenue has grown by 34.7%, moving from $21.3M to $28.6M. Total assets decreased by 5.7% over the same period, from $19.8M to $18.7M. Total functional expenses rose by 27%, from $21.7M to $27.5M. In its most recent filing year (2023), Tm Forum reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $12.9M in liabilities against $18.7M in assets (debt-to-asset ratio: 68.8%), resulting in net assets of $5.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $28.6M | $27.5M | $18.7M | $12.9M | — | View 990 |
| 2022 | $22.7M | $21.4M | $17.5M | $12.8M | — | View 990 |
| 2021 | $20.3M | $18.3M | $13.7M | $10.3M | — | — |
| 2020 | $21.3M | $21.0M | $14.3M | $12.9M | — | — |
| 2019 | $18.9M | $19.1M | $12.6M | $11.5M | — | View 990 |
| 2018 | $20.2M | $20.0M | $11.7M | $10.6M | — | View 990 |
| 2017 | $19.8M | $21.9M | $12.4M | $11.4M | — | View 990 |
| 2016 | $19.6M | $19.7M | $13.4M | $10.4M | — | View 990 |
| 2015 | $20.3M | $21.6M | $13.8M | $10.7M | — | View 990 |
| 2014 | $22.1M | $22.1M | $16.5M | $12.2M | — | View 990 |
| 2013 | $22.9M | $23.1M | $17.5M | $13.2M | — | View 990 |
| 2012 | $23.7M | $24.2M | $17.8M | $13.3M | — | View 990 |
| 2011 | $21.3M | $21.7M | $19.8M | $14.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28.6M, expenses of $27.5M, and assets of $18.7M (revenue +26.0% year-over-year).
- 2022: Revenue of $22.7M, expenses of $21.4M, and assets of $17.5M (revenue +12.1% year-over-year).
- 2021: Revenue of $20.3M, expenses of $18.3M, and assets of $13.7M (revenue -4.6% year-over-year).
- 2020: Revenue of $21.3M, expenses of $21.0M, and assets of $14.3M (revenue +12.3% year-over-year).
- 2019: Revenue of $18.9M, expenses of $19.1M, and assets of $12.6M (revenue -6.3% year-over-year).
- 2018: Revenue of $20.2M, expenses of $20.0M, and assets of $11.7M (revenue +1.9% year-over-year).
- 2017: Revenue of $19.8M, expenses of $21.9M, and assets of $12.4M (revenue +0.9% year-over-year).
- 2016: Revenue of $19.6M, expenses of $19.7M, and assets of $13.4M (revenue -3.3% year-over-year).
- 2015: Revenue of $20.3M, expenses of $21.6M, and assets of $13.8M (revenue -8.1% year-over-year).
- 2014: Revenue of $22.1M, expenses of $22.1M, and assets of $16.5M (revenue -3.4% year-over-year).
- 2013: Revenue of $22.9M, expenses of $23.1M, and assets of $17.5M (revenue -3.6% year-over-year).
- 2012: Revenue of $23.7M, expenses of $24.2M, and assets of $17.8M (revenue +11.7% year-over-year).
- 2011: Revenue of $21.3M, expenses of $21.7M, and assets of $19.8M.
Data Sources and Methodology
This transparency report for Tm Forum 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.