Travel Goods Association

Travel Goods Association faces declining revenue and consistent operating deficits, drawing down assets.

EIN: 135580600 · Magna, UT · Updated: 2026-03-28

$1.5MRevenue
$595KGross Revenue
$7.2MAssets
55/100Mission Score (Fair)

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Travel Goods Association Financial Summary
MetricValue
Total Revenue$1.5M
Total Expenses$878K
Program Spending60%
Net Assets$6.0M
Transparency Score55/100

Search Intent Cockpit

Travel Goods Association Form 990, Revenue, CEO Pay, and IRS Filing Signals

Travel Goods Association is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Travel Goods Association in one place.

Form 990 Filing Summary

12 filing years are available, with latest revenue of $595K and expenses of $878K.

Revenue and Expenses

Travel Goods Association reported $595K in revenue and $878K in expenses, a deficit of $284K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

55/100 mission score, 4 red flags, and 3 strengths are shown from structured and AI review.

Is Travel Goods Association Legit?

Some Concerns

GoodFiling Consistency
Below AverageSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
60%Program Expense
$0Grants Paid
12Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Travel Goods Association Expense Deployment
Program services$527K (60%)

Across stored filings, Travel Goods Association shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Travel Goods Association Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 4 red flags identified
Mission spend60% to programsBelow Average
Financial durabilityGrade B12 stored filing years
Peer contextCompare with Shepherds Walk Foundation IncUtah and category context

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Travel Goods Association directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.

About Travel Goods Association

Travel Goods Association (EIN: 135580600) is a nonprofit organization based in Magna, UT. The organization reported total revenue of $1.5M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Travel Goods Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

84Years Operating
Mid-SizeSize Classification
12Years of Filings
MixedRevenue Trajectory

Travel Goods Association is a mid-size nonprofit that has been operating for 84 years, with 12 years of IRS 990 filings on record (2010–2021). Revenue has grown at a compound annual rate of -6.4%.

Key Financial Metrics (2021)

From the most recent IRS 990 filing on record:

Total Revenue$595K
Total Expenses$878K
Surplus / Deficit$-283,706
Total Assets$7.2M
Total Liabilities$1.1M
Net Assets$6.0M
Operating Margin-47.7%
Debt-to-Asset Ratio15.7%
Months of Reserves98.0 months

Financial Health Grade: B

In 2021, Travel Goods Association reported a deficit of $284K with expenses exceeding revenue, holds 98.0 months of operating reserves (strong position), has a debt-to-asset ratio of 15.7% (very low leverage).

Financial Trends

Over 12 years of filings (2010–2021), Travel Goods Association's revenue has declined at a compound annual growth rate (CAGR) of -6.4%.

YearRevenue ChangeExpense ChangeAsset Change
2021-40.8%-49.2%+3.2%
2020-47.2%-27.7%-12.9%
2019-28.7%+2.7%-0.8%
2018-5.0%-3.0%-13.3%
2017+3.6%+4.7%+16.8%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1942

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Travel Goods Association (TGA) exhibits a concerning trend of declining revenue and consistent operating deficits in recent years. For instance, in 2021, revenue was $594,725 against expenses of $878,431, and in 2020, revenue was $1,004,419 against expenses of $1,729,088. This pattern of spending significantly more than it earns suggests potential long-term financial instability, despite a substantial asset base of $7,172,279 in 2021. The organization's assets have also seen a decline from a high of $9,264,734 in 2017. While the organization maintains a healthy asset-to-liability ratio, indicating solvency, the consistent negative net income is a significant red flag for financial health. The lack of reported officer compensation across all available filings suggests either a volunteer-led executive structure or that compensation is reported under different expense categories, which could impact transparency regarding leadership costs. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The organization's transparency regarding executive compensation is high, with 0% reported officer compensation across all filings. However, the absence of NTEE code information and detailed expense breakdowns in the provided data limits a comprehensive assessment of program focus and operational efficiency. The consistent decline in revenue from a peak of $3,035,762 in 2013 to $594,725 in 2021 warrants further investigation into the sustainability of its operations and funding model.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Travel Goods Association with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 30%
  • programs: 60%
  • fundraising: 10%

According to IRS 990 filings, Travel Goods Association allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2021)

From the most recent IRS 990 filing on record:

$595KTotal Revenue
$878KTotal Expenses
$7.2MTotal Assets
$1.1MTotal Liabilities
$6.0MNet Assets
  • The organization reported a deficit of $284K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 15.7%.

Executive Compensation Analysis

The Travel Goods Association consistently reports 0% officer compensation across all available filings, indicating either a fully volunteer executive leadership or that executive salaries are categorized differently, which could be a point of further inquiry for complete transparency.

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 Travel Goods Association's IRS 990 filings:

  • Consistent operating deficits: Expenses have exceeded revenue in multiple recent years (e.g., 2021: $878,431 expenses vs. $594,725 revenue; 2020: $1,729,088 expenses vs. $1,004,419 revenue).
  • Significant decline in revenue: Revenue has dropped from a high of $3,035,762 in 2013 to $594,725 in 2021.
  • Declining asset base: Total assets have decreased from $9,264,734 in 2017 to $7,172,279 in 2021, likely due to covering operating deficits.
  • Lack of detailed expense breakdown: Without a functional expense breakdown, it's difficult to assess spending efficiency across programs, administration, and fundraising.

Strengths

The following positive indicators were identified for Travel Goods Association:

  • Healthy asset-to-liability ratio: Assets ($7,172,279 in 2021) significantly exceed liabilities ($1,126,095 in 2021), indicating solvency.
  • Consistent filing history: The organization has a long history of filing IRS Form 990, demonstrating compliance.
  • No reported officer compensation: This indicates either a volunteer-led executive team or highly efficient use of funds for leadership, enhancing transparency in this specific area.

Frequently Asked Questions about Travel Goods Association

Is Travel Goods Association a legitimate charity?

Travel Goods Association (EIN: 135580600) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 55/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.5M. 4 red flags identified. 3 strengths noted. Financial health grade: B.

How does Travel Goods Association spend its money?

Travel Goods Association directs 60% of its spending to programs and services. Fundraising costs 10%. This falls below the 65% benchmark.

Are donations to Travel Goods Association tax-deductible?

Travel Goods Association is registered as a tax-exempt nonprofit (EIN: 135580600). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Travel Goods Association's spending goes to programs?

Travel Goods Association directs 60% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.

Where is Travel Goods Association located?

Travel Goods Association is headquartered in Magna, Utah and files with the IRS under EIN 135580600.

How many years of IRS 990 filings does Travel Goods Association have?

Travel Goods Association has 12 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 $1.5M in total revenue.

Why has the Travel Goods Association experienced a significant decline in revenue from $3,035,762 in 2013 to $594,725 in 2021?

The provided data shows a clear downward trend in revenue, suggesting potential changes in membership, industry support, or event participation that warrant further investigation.

How does the Travel Goods Association cover its consistent operating deficits, such as the $283,706 deficit in 2021 and $724,669 in 2020?

The organization appears to be drawing down its assets to cover these deficits, as evidenced by the decline in total assets from $9,264,734 in 2017 to $7,172,279 in 2021.

What are the specific program activities and their associated costs, given the lack of detailed expense breakdowns?

Without a detailed functional expense breakdown, it's difficult to ascertain the proportion of spending directly on programs versus administrative or fundraising activities.

Is the 0% officer compensation reported across all filings accurate, or are executive salaries reported under other expense categories?

While 0% officer compensation is reported, it's unusual for an organization of this size to have no compensated executives, suggesting a need for clarification on how leadership costs are accounted for.

Filing History

IRS 990 filing history for Travel Goods Association showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2010–2021), Travel Goods Association's revenue has declined by 51.4%, moving from $1.2M to $595K. Total assets increased by 34.4% over the same period, from $5.3M to $7.2M. Total functional expenses fell by 47.1%, from $1.7M to $878K. In its most recent filing year (2021), Travel Goods Association reported a deficit of $284K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $7.2M in assets (debt-to-asset ratio: 15.7%), resulting in net assets of $6.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2021 $595K $878K $7.2M $1.1M View 990
2020 $1.0M $1.7M $6.9M $813K
2019 $1.9M $2.4M $8.0M $1.3M View 990
2018 $2.7M $2.3M $8.0M $1.7M View 990
2017 $2.8M $2.4M $9.3M $1.6M View 990
2016 $2.7M $2.3M $7.9M $1.2M View 990
2015 $2.6M $2.1M $7.9M $1.6M View 990
2014 $2.3M $2.1M $8.0M $1.6M View 990
2013 $3.0M $2.1M $7.6M $1.2M View 990
2012 $1.8M $1.7M $6.6M $1.8M View 990
2011 $2.2M $1.7M $5.5M $1.2M View 990
2010 $1.2M $1.7M $5.3M $1.4M View 990

Year-by-Year Financial Summary

  • 2021: Revenue of $595K, expenses of $878K, and assets of $7.2M (revenue -40.8% year-over-year).
  • 2020: Revenue of $1.0M, expenses of $1.7M, and assets of $6.9M (revenue -47.2% year-over-year).
  • 2019: Revenue of $1.9M, expenses of $2.4M, and assets of $8.0M (revenue -28.7% year-over-year).
  • 2018: Revenue of $2.7M, expenses of $2.3M, and assets of $8.0M (revenue -5.0% year-over-year).
  • 2017: Revenue of $2.8M, expenses of $2.4M, and assets of $9.3M (revenue +3.6% year-over-year).
  • 2016: Revenue of $2.7M, expenses of $2.3M, and assets of $7.9M (revenue +4.1% year-over-year).
  • 2015: Revenue of $2.6M, expenses of $2.1M, and assets of $7.9M (revenue +15.2% year-over-year).
  • 2014: Revenue of $2.3M, expenses of $2.1M, and assets of $8.0M (revenue -25.3% year-over-year).
  • 2013: Revenue of $3.0M, expenses of $2.1M, and assets of $7.6M (revenue +67.2% year-over-year).
  • 2012: Revenue of $1.8M, expenses of $1.7M, and assets of $6.6M (revenue -16.4% year-over-year).
  • 2011: Revenue of $2.2M, expenses of $1.7M, and assets of $5.5M (revenue +77.4% year-over-year).
  • 2010: Revenue of $1.2M, expenses of $1.7M, and assets of $5.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Travel Goods Association:

2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2010 Filing

Data Sources and Methodology

This transparency report for Travel Goods Association 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.

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