Tmg Foundation
- Assets
- $9.8m
- Revenue
- $2.9m
- Investments
- $1.7m
- Employees
- 0
- Location
- Gridley, IL
- Founding
- 08/2003
- Data as of
- 12/2021
- EIN
- 01-0750822
Organization Overview
Tmg Foundation is located in Gridley, IL. The organization was established in 2003. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tmg Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Tmg Foundation generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $368.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT TO OTHER 501(C)(3) ORGANIZATIONS, PRIMARILY THOSE AIDING ORPHANS THROUGHOUT THE WORLD, IN ACCORDANCE WITH THE MISSION OF NATIONAL CHRISTIAN CHARITABLE FOUNDATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT TO OTHER 501(C)(3) ORGANIZATIONS, PRIMARILY THOSE AIDING ORPHANS THROUGHOUT THE WORLD, IN ACCORDANCE WITH THE MISSION OF NATIONAL CHRISTIAN CHARITABLE FOUNDATION. SEE DETAILS AT SCH. I.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Ringger President | OfficerTrustee | 3 | $0 |
Kory Kaeb Vice-President | Officer | 1 | $0 |
Kyle Hangartner Treasurer | Officer | 3 | $0 |
Dana Ring Secretary | Officer | 1 | $0 |
Roger Sandberg Director | Trustee | 1 | $0 |
Terrill Parker Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $376,973 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,112,140 |
| Noncash contributions included in lines 1a–1f | $1,663,923 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,489,113 |
| Total Program Service Revenue | $37,620 |
| Investment income | $123,836 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $164,362 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,851,285 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $203,208 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,634 |
| Fees for services: Accounting | $8,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,254 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $42,684 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,513 |
| Insurance | $4,450 |
| All other expenses | $19,389 |
| Total functional expenses | $367,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,331,163 |
| Pledges and grants receivable | $443,968 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $36,226 |
| Net Land, buildings, and equipment | $2,350,517 |
| Investments—publicly traded securities | $597,676 |
| Investments—other securities | $1,669,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,375,752 |
| Total assets | $9,804,302 |
| Accounts payable and accrued expenses | $44,692 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $450,735 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $626,557 |
| Total liabilities | $1,121,984 |
| Net assets without donor restrictions | $7,190,842 |
| Net assets with donor restrictions | $1,491,476 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,804,302 |
Grants Awarded
Over the last fiscal year, Tmg Foundation has awarded $196,470 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Gridley, IL PURPOSE: GENERAL SUPPORT | $113,970 |
Tallulah Falls, GA PURPOSE: GENERAL SUPPORT | $38,025 |
Alpharetta, GA PURPOSE: GENERAL SUPPORT | $24,475 |
Rocklin, CA PURPOSE: SCHOLARSHIP | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Tmg Foundation has recieved totaling $626,050.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $376,973 |
Ten Talents Foundation St Louis, MO PURPOSE: 2021 AND 2022 LIFESONG FUNDRAISING MATCHING GRANT | $199,077 |
Ten Talents Foundation St Louis, MO PURPOSE: 2021 AND 2022 LIFESONG UKRAINE OPERATIONS | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gift Clearing Trust Indianapolis, IN | $47,036,280 | $91,256,862 |
Sojourner Foundation Inc Milwaukee, WI | $5,493,853 | $4,205,530 |
Bloomington-Normal Ymca Charitable Foundation Nfp Bloomington, IL | $12,002,532 | $7,012,515 |
Moose Foundation Inc Mooseheart, IL | $261,014,797 | $19,670,612 |
Upic Solutions Inc Fort Mitchell, KY | $2,371,554 | $6,046,013 |
West Bend Community Foundation Inc Milwaukee, WI | $79,149,428 | $10,575,689 |
Glasser And Rosenthal Family Foundation Chicago, IL | $0 | $604,291 |
Arthur Dean Family Foundation Inc Fishers, IN | $75,273,545 | $2,866,490 |
Real Estate Charitable Foundation Kansas City, MO | $43,935,265 | $4,204,580 |
Barbara Mettler Personal Tr Champaign, IL | $0 | $38,620 |
Friends Of Penfield Childrens Center Inc Milwaukee, WI | $8,290,252 | $2,579,522 |
Shure Charitable Tr Created Uw Of Sidney N Shure Chicago, IL | $52,599,907 | $2,093,307 |