Civic Intelligence

Towing Vessel Inspection Bureau

EIN 27-1561296 • 501(c)6 • Channelview, TX

Profile

The mission is to train and certify members in the best manner available to conduct various types of marine related inspections and audits on marine safety management systems.

15201 East Freeway Suite 213Channelview, TX 77530

www.thetvib.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

0.74x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

0.48x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2021

Net Margin

65th percentile

9.3%

Higher net margin than 65% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

57th percentile

6.3%

Faster asset growth than 57% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

21st percentile

-5.6%

Faster revenue growth than 21% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$766,800

Down $6,990 (-0.9%) from 2023

Liabilities

Down

$215,277

Down $65,567 (-23%) from 2023

Net Assets

Up

$551,523

Up $58,577 (+12%) from 2023

Operations
Liabilities / Revenue89th percentileNet Margin65th percentile

Revenue

Down

$1,219,566

Down $4,184 (-0.3%) from 2023

Expenses

Up

$1,160,989

Up $24,102 (+2.1%) from 2023

Net Income

Down

$58,577

Down $28,286 (-33%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth57th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500KAssets 2014: $111,774Liabilities 2014: $2,139Net Assets 2014: $109,6352014Assets 2015: $89,537Liabilities 2015: $4,685Net Assets 2015: $84,8522015Assets 2016: $271,814Liabilities 2016: $235,604Net Assets 2016: $36,2102016Assets 2017: $492,504Liabilities 2017: $527,011Net Assets 2017: -$34,5072017Assets 2018: $514,392Liabilities 2018: $657,513Net Assets 2018: -$143,1212018Assets 2019: $562,241Liabilities 2019: $558,873Net Assets 2019: $3,3682019Assets 2020: $542,642Liabilities 2020: $478,304Net Assets 2020: $64,3382020Assets 2021: $576,720Liabilities 2021: $428,540Net Assets 2021: $148,1802021Assets 2022: $768,638Liabilities 2022: $362,555Net Assets 2022: $406,0832022Assets 2023: $773,790Liabilities 2023: $280,844Net Assets 2023: $492,9462023Assets 2024: $766,800Liabilities 2024: $215,277Net Assets 2024: $551,5232024

Highlighted filing

2024

Assets$766,800
Liabilities$215,277
Net Assets$551,523
Open 2024 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2014: $341,675Expenses 2014: $277,475Net Income 2014: $64,2002014Revenue 2015: $292,344Expenses 2015: $317,127Net Income 2015: -$24,7832015Revenue 2016: $308,424Expenses 2016: $357,066Net Income 2016: -$48,6422016Revenue 2017: $761,994Expenses 2017: $832,711Net Income 2017: -$70,7172017Revenue 2018: $786,140Expenses 2018: $872,507Net Income 2018: -$86,3672018Revenue 2019: $974,893Expenses 2019: $832,993Net Income 2019: $141,9002019Revenue 2020: $955,463Expenses 2020: $891,993Net Income 2020: $63,4702020Revenue 2021: $901,588Expenses 2021: $817,746Net Income 2021: $83,8422021Revenue 2022: $1,181,664Expenses 2022: $923,761Net Income 2022: $257,9032022Revenue 2023: $1,223,750Expenses 2023: $1,136,887Net Income 2023: $86,8632023Revenue 2024: $1,219,566Expenses 2024: $1,160,989Net Income 2024: $58,5772024

Highlighted filing

2024

Revenue$1,219,566
Expenses$1,160,989
Net Income$58,577
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$766,800
Liabilities
$215,277
Net assets
$551,523
Revenue
$1,219,566
Expenses
$1,160,989
Net income
$58,577
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.77$0.22$0.55$1.22$1.16$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.77$0.28$0.49$1.22$1.14$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.77$0.36$0.41$1.18$0.92$0.26
2021Detailed filing. Detailed filing data is available for this year.$0.58$0.43$0.15$0.90$0.82$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.54$0.48$0.06$0.96$0.89$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.56$0.56$0.00$0.97$0.83$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.51$0.66$0.14$0.79$0.87$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.49$0.53$0.03$0.76$0.83$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.24$0.04$0.31$0.36$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.08$0.29$0.32$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.34$0.28$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 5, 2025
Return Version
2024v5.0
Gross Receipts
$1,219,566
Mission and Program Overview

Mission

The mission is to train and certify members in the best manner available to conduct various types of marine related inspections and audits of marine safety management systems.

The mission is to train and certify members in the best manner available to conduct various types of marine related inspections and audits on marine safety management systems.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$492,946$551,523▲ $58,577
Intangible Assets$400,000$400,000→ $0
Cash and Non-Interest-Bearing Accounts$362,959$324,746▼ $38,213
Loans From Officers Directors$258,320$204,299▼ $54,021
Accounts Receivable$4,085$36,859▲ $32,774
Land, Buildings, and Equipment, Net$6,746$5,195▼ $1,551
Total Assets$773,790$766,800▼ $6,990
Liabilities
Accounts Payable and Accrued Expenses$22,524$10,978▼ $11,546
Total Liabilities$280,844$215,277▼ $65,567
Net Assets / Fund Balance
Total Net Assets Fund Balance$492,946$551,523▲ $58,577
Total Liabilities and Net Assets / Fund Balance$773,790$766,800▼ $6,990

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,195$39,592$44,787
Other Land Buildings-$6,355$6,355
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tava S ForetPresidentFT$171,772$5,153$176,925
Lauren JeppsonExecutive VPFT$128,965$3,869$132,834
Caleb KingSenior OperaFT$115,348$3,460$118,808

Board Members and Trustees

NameTitle
Pat SmithChairman
Brent NissenVice Chairma
Todd RushingAudit Comm C
Richard SingleyImmediate Pa
Aaron WilliamsMember
Brian BartonMember
Carlin ChampmanMember
Chris KernMember
Dominique SmithMember
Jamie HalterMember
Jo Ann CampbellMember
John HazelMember
Luis CarmonaMember
Mason EustisMember
Matt LagardeMember
Pat FolanMember
Reed DavisonMember
Ryan NewtonMember
Tod SchattgenMember
Walt WepferMember
Adam ForetSecretary
Ed ShearerSurvey COM C
Harry StarkTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,203,522
Investment Income
$12,694
Other Revenue
$3,350
Change in Net Assets
$58,577
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$846,577
Other Expenses$314,412
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$391,832$43,537-$435,369
Current Officers, Directors, Trustees, and Key Employees$300,737--$300,737
Information Technology$101,465--$101,465
Payroll Taxes$52,320$3,372-$55,692
Occupancy$49,598--$49,598
Insurance$43,987--$43,987
Other Employee Benefits$38,866--$38,866
Travel$31,745--$31,745
Pension Plan Contributions$15,913--$15,913
Fees for Services Accounting-$14,563-$14,563
Advertising$10,312--$10,312
Office Expenses$7,455--$7,455
Conferences and Meetings$7,071--$7,071
Fees for Services Other$3,902--$3,902
Depreciation Depletion$1,126--$1,126
All Other Expenses$865--$865
Other Expenses$835$1,919-$835
Total Functional Expenses$1,097,598$63,391$0$1,160,989
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$258,320$204,299▼ $54,021
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Tava s foret adam foret president secretary mother/step son chris parsonage laren jeppson advisor exec vp father/daughter”

Form 990, Page 6, Part VI, Line 6

“All auditor members must be approved by the auditor accreditation committee or surveyor certification committee and all supporting organization members must be approved by the president.”

Form 990, Page 6, Part VI, Line 7A

“All members elect the board of directors. The board of directors are made up of 23 voting members. The board of directors manages the property and business of the company. A president is appointed by the board of directors and shall be a non-voting position.”

Form 990, Page 6, Part VI, Line 11B

“Reviewed and approved by president prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Policy enforced through the adopted code of ethics.”

Form 990, Page 6, Part VI, Line 15A

“Compensation for the president and executive vice president services are reviewed and approved annualy by the board.”

Form 990, Page 6, Part VI, Line 15B

“Compensation for all employees are reviewed and approved annually by the president and executive vice president.”

Form 990, Page 6, Part VI, Line 19

“No documents are available to the public.”

Filing and Contact Details

Filer

Filer Name
Towing Vessel Inspection Bureau
EIN
27-1561296
Phone
8323232155
Address
15201 EAST FREEWAY SUITE 213, CHANNELVIEW, TX 77530

Signing Officer

Name
Tava S Foret
Title
President
Phone
8323232155
Signed
2025-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tava S Foret
Formed
2013
Legal Domicile
Mo
Voting Board Members
23
Independent Board Members
22
Employees
12

Preparer

Firm
Stanley Dirnberger Hopper & Assoc LLC
Address
1441 N MOUNT AUBURN RD, CAPE GIRARDEAU, MO 63701-2171
Preparer
Steve K Dirnberger
Phone
5733343343
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Conduct various types of marine related inspections and audits of marine safety management systems and the towing vessels to which they apply.”

Raw XML AppendixShowing 400 of 497 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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