Civic Intelligence

Sam and Sylva Simonian Foundation

990 • Fiscal year 2023 • EIN 45-2130686

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

Organization ProfileN/A
5423 Willow Wood LaneDallas, TX 75252

(214) 707-0999

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.05x

Higher debt load relative to assets than 26% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

34th percentile

0.17x

Higher debt load relative to revenue than 34% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

13th percentile

-21%

Higher net margin than 13% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

10th percentile

$65,617

Higher top officer pay than 10% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

11th percentile

-5.9%

Faster asset growth than 11% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

4th percentile

-59%

Faster revenue growth than 4% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets26th percentile

Assets

Down

$35,187,982

Down $2,189,340 (-5.9%) from 2022

Net Assets

Down

$33,321,872

Down $2,326,730 (-6.5%) from 2022

Liabilities

Up

$1,866,110

Up $137,390 (+7.9%) from 2022

Revenue And Expenses
Liabilities / Revenue34th percentileNet Margin13th percentile

Revenue

Down

$11,233,268

Down $16,389,108 (-59%) from 2022

Expenses

Up

$13,559,998

Up $3,667,548 (+37%) from 2022

Net Income

Down

-$2,326,730

Down $20,056,656 (-113%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2012: $4,959,449Liabilities 2012: $02012Assets 2013: $896Liabilities 2013: $02013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $33,270Liabilities 2015: $0Net Assets 2015: $33,2702015Assets 2016: $51,906Liabilities 2016: $0Net Assets 2016: $51,9062016Assets 2017: $32,050Liabilities 2017: $0Net Assets 2017: $32,0502017Assets 2018: $234,772Liabilities 2018: $0Net Assets 2018: $234,7722018Assets 2019: $228,977Liabilities 2019: $0Net Assets 2019: $228,9772019Assets 2020: $232,689Liabilities 2020: $0Net Assets 2020: $232,6892020Assets 2021: $11,318,921Liabilities 2021: $0Net Assets 2021: $11,318,9212021Assets 2022: $37,377,322Liabilities 2022: $1,728,720Net Assets 2022: $35,648,6022022Assets 2023: $35,187,982Liabilities 2023: $1,866,110Net Assets 2023: $33,321,8722023Assets 2024: $30,360,194Liabilities 2024: $1,730,470Net Assets 2024: $28,629,7242024

Highlighted filing

2023

Assets$35,187,982
Liabilities$1,866,110
Net Assets$33,321,872
Open 2023 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MRevenue 2012: $6,446,841Expenses 2012: $1,487,392Net Income 2012: $4,959,4492012Revenue 2013: $1,513,350Expenses 2013: $1,512,454Net Income 2013: $8962013Revenue 2014: $2,276,840Expenses 2014: $2,277,736Net Income 2014: -$8962014Revenue 2015: $2,332,930Expenses 2015: $2,299,660Net Income 2015: $33,2702015Revenue 2016: $2,595,168Expenses 2016: $2,576,532Net Income 2016: $18,6362016Revenue 2017: $3,575,304Expenses 2017: $3,595,160Net Income 2017: -$19,8562017Revenue 2018: $2,980,999Expenses 2018: $2,778,277Net Income 2018: $202,7222018Revenue 2019: $342,007Expenses 2019: $347,772Net Income 2019: -$5,7652019Revenue 2020: $2,044,161Expenses 2020: $2,040,449Net Income 2020: $3,7122020Revenue 2021: $13,753,021Expenses 2021: $2,666,789Net Income 2021: $11,086,2322021Revenue 2022: $27,622,376Expenses 2022: $9,892,450Net Income 2022: $17,729,9262022Revenue 2023: $11,233,268Expenses 2023: $13,559,998Net Income 2023: -$2,326,7302023Revenue 2024: $16,919,215Expenses 2024: $16,234,753Net Income 2024: $684,4622024

Highlighted filing

2023

Revenue$11,233,268
Expenses$13,559,998
Net Income-$2,326,730
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.0
Gross Receipts
$13,686,110
Mission and Program Overview

Mission

Tumo foundation serves to provide free after-school educational programming to teens at the intersection of design and technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$24,953,357$25,546,722▲ $593,365
Savings and Temporary Cash Investments$10,397,104$9,097,829▼ $1,299,275
Cash and Non-Interest-Bearing Accounts-$511,399-
Accounts Receivable$20,061--
Investments in Publicly Traded Securities$2,006,800$6,132▼ $2,000,668
Total Assets$37,377,322$35,187,982▼ $2,189,340
Other Assets Total-$25,900-
Liabilities
Unsecured Notes Loans Payable$1,713,720$1,713,720→ $0
Accounts Payable and Accrued Expenses-$135,640-
Other Liabilities$15,000$16,750▲ $1,750
Total Liabilities$1,728,720$1,866,110▲ $137,390
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$35,648,602$33,321,872▼ $2,326,730
Total Net Assets Fund Balance$35,648,602$33,321,872▼ $2,326,730
Total Liabilities and Net Assets / Fund Balance$37,377,322$35,187,982▼ $2,189,340

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,416,524$57,884$11,474,408
Land$14,130,198-$7,184,448
Compensation and Service Providers
Top Officer Pay10th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sawyer HescockCEO Tumo LaFT$65,000$617$65,617

Board Members and Trustees

NameTitle
Sam SimonianPresident/di
Nairi Tashijan HourdajianDirector
Vahe KuzoyanDirector
Raffi KrikorianSecretary/di
Elie AkilianTreasurer/di

Highest Paid Contractors

ContractorServicesLocationCompensation
Paik ArchitectureArchitects26 BROADWAY, STE 1306, New York, NY 10004$221,340
Newmark CompanyProject Mngmt125 PARK AVENUE, New York, NY 10017$122,600
Revenue and Support

Revenue Composition

Contributions and Grants
$11,748,740
Program Service Revenue
$0
Investment Income
$-340,583
Other Revenue
$-174,889
All Other Contributions
$4,623,740
Change in Net Assets
$-2,326,730
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$13,256,870
Other Expenses$210,761
Salaries, Compensation, and Employee Benefits$70,877
Total Fundraising Expense$34,764
Professional Fundraising Fees$21,490

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$13,256,870--$13,256,870
Fees for Services Other$3,450$121,901$13,274$138,625
Current Officers, Directors, Trustees, and Key Employees-$65,617-$65,617
Travel$36,540--$36,540
Fees for Services Legal-$27,564-$27,564
Fees for Services Professional Fundraising--$21,490$21,490
Payroll Taxes-$5,260-$5,260
Office Expenses-$4,423-$4,423
Fees for Services Accounting-$2,725-$2,725
Information Technology-$884-$884
Total Functional Expenses$13,296,860$228,374$34,764$13,559,998
International Activity

International Summary

Spending
$13,296,860

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Russia and Neighboring StatesGrantEducation Programs--$13,256,870
Russia and Neighboring StatesPrograms---$39,990
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$21,490
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$16,750
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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 11B

“The form 990 is prepared by an outside accountant with the assistance of management. After it is approved by management, it is completed and filed with the irs. After filing, the return is provided to the board of directors.”

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

“All officers, directors and key employees of tumo foundation and tumo la llc, a wholly owned llc, are required to disclose any conflicts of interest and recuse themselves from financial decisions that may benefit such individuals. Both organizations also maintain a separate executive compensation policy requiring pay for certain individuals to be analyzed by the board of directors using comparability data and set by only those individuals not conflicted out.”

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

“Compensation is paid to the ceo of tumo la llc, a single-member llc. An executive compensation policy is in place requiring pay to be analyzed by the board of directors using comparability data and set only by those individuals not conflicted out. The compensation is established in written board minutes.”

Form 990, Page 6, Part VI, Line 19

“Requests for governing documents, financial statements and conflict of interest policy may be submitted to the organization at the address listed on page 1 of form 990. Each request will be considered by the organization as to its ability to provide the requested information.”

Filing and Contact Details

Filer

Filer Name
Tumo Foundation
EIN
45-2130686
Phone
2147070999
Address
5423 WILLOW WOOD LANE, DALLAS, TX 75252

Signing Officer

Name
Sam Simonian
Title
President/director
Phone
2147070999
Signed
2024-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sam Simonian
Formed
2011
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
1
Volunteers
7

Preparer

Firm
Sommerville & Associates Pc
Address
2726 MATLOCK RD, ARLINGTON, TX 76015
Preparer
Elaine L Sommerville CPA
Phone
8177955046
Supplemental Narrative

Additional Explanations

Form 990, Part V

“Part v line 2a - the form w-2 issued was issued under tumo la, llc ein 92- 1296533.”

Raw XML AppendixShowing 400 of 426 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0135640
IRS990/AccountsReceivableGrp/BOYAmt020061
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TUMO FOUNDATION SERVES TO PROVIDE FREE AFTER-SCHOOL EDUCATIONAL PROGRAMMING TO TEENS AT THE INTERSECTION OF DESIGN AND TECHNOLOGY.
IRS990/AllOtherContributionsAmt04623740
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0SAM SIMONIAN
IRS990/BooksInCareOfDetail/PhoneNum02147070999
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05423 WILLOW WOOD LANE
IRS990/BooksInCareOfDetail/USAddress/CityNm0DALLAS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd075252
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt0511399
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt065617
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt065617
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0221340
IRS990/ContractorCompensationGrp/CompensationAmt1122600
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt026 BROADWAY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1125 PARK AVENUE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt0STE 1306
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd010004
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd110017
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0PAIK ARCHITECTURE
IRS990/ContractorCompensationGrp/ContractorName/PersonNm1NEWMARK COMPANY
IRS990/ContractorCompensationGrp/ServicesDesc0ARCHITECTS
IRS990/ContractorCompensationGrp/ServicesDesc1PROJECT MNGMT
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt011748740
IRS990/CYGrantsAndSimilarPaidAmt013256870
IRS990/CYInvestmentIncomeAmt0-340583
IRS990/CYOtherExpensesAmt0210761
IRS990/CYOtherRevenueAmt0-174889
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-2326730
IRS990/CYSalariesCompEmpBnftPaidAmt070877
IRS990/CYTotalExpensesAmt013559998
IRS990/CYTotalFundraisingExpenseAmt034764
IRS990/CYTotalProfFndrsngExpnsAmt021490
IRS990/CYTotalRevenueAmt011233268
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TUMO FOUNDATION CREATES AND FUNDS CENTERS FOCUSED ON PROVIDING AFTER SCHOOL ACTIVITIES TO PROMOTE EDUCATIONAL PURPOSES IN DESIGN AND TECHNOLOGY. THE PROGRAMS ARE FREE TO QUALIFYING STUDENTS. IN 2023, SUPPORT FOR A CENTER IN ARMENIA ALLOWED IT TO CONTINUE SERVING 32,595 STUDENTS. ADDITIONALLY, PLANS WERE INITIATED FOR THE RENOVATION OF PROPERTY IN THE UNITED STATES TO ESTABLISH A CENTER IN CALIFORNIA.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt013296860
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02725
IRS990/FeesForServicesAccountingGrp/TotalAmt02725
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt027564
IRS990/FeesForServicesLegalGrp/TotalAmt027564
IRS990/FeesForServicesOtherGrp/FundraisingAmt013274
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0121901
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt03450
IRS990/FeesForServicesOtherGrp/TotalAmt0138625
IRS990/FeesForServicesProfFundraising/FundraisingAmt021490
IRS990/FeesForServicesProfFundraising/TotalAmt021490
IRS990/ForeignActivitiesInd0true
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/ProgramServicesAmt013256870
IRS990/ForeignGrantsGrp/TotalAmt013256870
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt5617
IRS990/Form990PartVIISectionAGrp/PersonNm0SAM SIMONIAN
IRS990/Form990PartVIISectionAGrp/PersonNm1RAFFI KRIKORIAN
IRS990/Form990PartVIISectionAGrp/PersonNm2ELIE AKILIAN
IRS990/Form990PartVIISectionAGrp/PersonNm3VAHE KUZOYAN
IRS990/Form990PartVIISectionAGrp/PersonNm4NAIRI TASHIJAN HOURDAJIAN
IRS990/Form990PartVIISectionAGrp/PersonNm5SAWYER HESCOCK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt565000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/DI
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER/DI
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5CEO TUMO LA
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-668445
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt07125000
IRS990/GrantAmt013256870
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01338355
IRS990/GrossReceiptsAmt013686110
IRS990/GrossRentsGrp/RealAmt0271153
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0884
IRS990/InformationTechnologyGrp/TotalAmt0884
IRS990/InvestmentIncomeGrp/ExclusionAmt0327862
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0327862
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02006800
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06132
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt057884
IRS990/LandBldgEquipBasisNetGrp/BOYAmt024953357
IRS990/LandBldgEquipBasisNetGrp/EOYAmt025546722
IRS990/LandBldgEquipCostOrOtherBssAmt025604606
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02006800
IRS990/LessRentalExpensesGrp/RealAmt0446042
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TUMO FOUNDATION SERVES TO PROVIDE FREE AFTER-SCHOOL EDUCATIONAL PROGRAMMING TO TEENS AT THE INTERSECTION OF DESIGN AND TECHNOLOGY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt035648602
IRS990/NetAssetsOrFundBalancesEOYAmt033321872
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-668445
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-668445
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-174889
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-174889
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt035648602
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt033321872
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04423
IRS990/OfficeExpensesGrp/TotalAmt04423
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt025900
IRS990/OtherLiabilitiesGrp/BOYAmt015000
IRS990/OtherLiabilitiesGrp/EOYAmt016750
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05260
IRS990/PayrollTaxesGrp/TotalAmt05260
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0SAM SIMONIAN
IRS990/ProfessionalFundraisingInd0true
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt027716945
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt09743500
IRS990/PYInvestmentIncomeAmt0-122299
IRS990/PYOtherExpensesAmt0148948
IRS990/PYOtherRevenueAmt027729
IRS990/PYRevenuesLessExpensesAmt017729927
IRS990/PYTotalExpensesAmt09892448
IRS990/PYTotalRevenueAmt027622375
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-2326730
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-174889
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010397104
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09097829
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt011748740
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt035125571
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt013752825
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02042138
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0340000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt063009274
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0599015
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0213476
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0186
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01023
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02007
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0815707
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.45900
IRS990ScheduleA/PublicSupportPY170Pct00.45330
IRS990ScheduleA/PublicSupportTotal170Amt029293317
IRS990ScheduleA/SubstantialContributorsTotAmt033715957
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt011748740
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt035125571
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt013752825
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02042138
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0340000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt063009274
IRS990ScheduleA/TotalSupportAmt063824981
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt011416524
IRS990ScheduleD/BuildingsGrp/DepreciationAmt057884
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011474408
IRS990ScheduleD/LandGrp/BookValueAmt014130198
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt06945750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07184448
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025546722
IRS990ScheduleD/TotalLiabilityAmt016750
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt013256870
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt139990
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0RUSSIA AND NEIGHBORING STATES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1RUSSIA AND NEIGHBORING STATES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0EDUCATION PROGRAMS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAMS
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt012706003
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt0COMPUTERS/LICEN
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt0550867
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0RUSSIA AND NEIGHBORING STATES
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0COST
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt013296860
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0TUMO FOUNDATION MONITORS THE ACTIVITIES OF THE RECIPIENT FOUNDATION BY REVIEWING ITS YEARLY BUDGETS, AND MORE FREQUENTLY AS NEEDED THROUGH DIRECT CONTACT WITH THE DIRECTORS OF THE RECIPIENT FOUNDATION. THE TWO ORGANIZATIONS SHARE ONE OVERLAPPING DIRECTOR INCREASING THE ABILITY TO MONITOR THE USE OF THE FUNDS PROVIDED AND THE OPERATIONS OF THE GRANT RECIPIENT. TUMO FOUNDATION MAINTAINS INFORMATION REGARDING ENROLLMENT IN THE RECIPIENT'S PROGRAMS, CASH FLOW, BUDGETED EXPENSES AND FUTURE INVESTMENT NEEDS FOR REAL ESTATE AND EQUIPMENT. MONTHLY GRANT REQUESTS ARE RECEIVED FROM THE RECIPIENT AND REVIEWED PRIOR TO FULFILLMENT. TUMO FOUNDATION HAS RECEIVED A U.S. EQUIVALENCY DETERMINATION FOR THE FOREIGN RECIPIENT.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1RUSSIA AND NEIGHBORING STATES 13,256,870 0 RUSSIA AND NEIGHBORING STATES 39,990 0
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt2SCHEDULE F PART IV LINE 1 - TRANSFERS DO NOT REQUIRE FORM 926 REPORTING.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 2
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE F, PAGE 5, PART V
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalSpentAmt013296860
IRS990ScheduleF/TransferToForeignCorpInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0PLANNING
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-21490
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0LAUREN SHAPIRO PRODUCTIONS LLC
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt021490
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0323 S DOHENY DRIVE UNIT 202
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0LOS ANGELES
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd090048
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0CA
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/TotalNetToOrganizationAmt0-21490
IRS990ScheduleG/TotalRetainedByContractorsAmt021490
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART V LINE 2A - THE FORM W-2 ISSUED WAS ISSUED UNDER TUMO LA, LLC EIN 92- 1296533.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTANT WITH THE ASSISTANCE OF MANAGEMENT. AFTER IT IS APPROVED BY MANAGEMENT, IT IS COMPLETED AND FILED WITH THE IRS. AFTER FILING, THE RETURN IS PROVIDED TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES OF TUMO FOUNDATION AND TUMO LA LLC, A WHOLLY OWNED LLC, ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST AND RECUSE THEMSELVES FROM FINANCIAL DECISIONS THAT MAY BENEFIT SUCH INDIVIDUALS. BOTH ORGANIZATIONS ALSO MAINTAIN A SEPARATE EXECUTIVE COMPENSATION POLICY REQUIRING PAY FOR CERTAIN INDIVIDUALS TO BE ANALYZED BY THE BOARD OF DIRECTORS USING COMPARABILITY DATA AND SET BY ONLY THOSE INDIVIDUALS NOT CONFLICTED OUT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS PAID TO THE CEO OF TUMO LA LLC, A SINGLE-MEMBER LLC. AN EXECUTIVE COMPENSATION POLICY IS IN PLACE REQUIRING PAY TO BE ANALYZED BY THE BOARD OF DIRECTORS USING COMPARABILITY DATA AND SET ONLY BY THOSE INDIVIDUALS NOT CONFLICTED OUT. THE COMPENSATION IS ESTABLISHED IN WRITTEN BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REQUESTS FOR GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY MAY BE SUBMITTED TO THE ORGANIZATION AT THE ADDRESS LISTED ON PAGE 1 OF FORM 990. EACH REQUEST WILL BE CONSIDERED BY THE ORGANIZATION AS TO ITS ABILITY TO PROVIDE THE REQUESTED INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0TUMO FOUND
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0TUMO LA LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0921296533
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0REAL EST.
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt04148 LANKENSHIM BLVD
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0N HOLLYWOOD
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd090026
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt037377322
IRS990/TotalAssetsEOYAmt035187982
IRS990/TotalAssetsGrp/BOYAmt037377322
IRS990/TotalAssetsGrp/EOYAmt035187982
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt011748740
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt034764
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0228374
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt013296860
IRS990/TotalFunctionalExpensesGrp/TotalAmt013559998
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01728720
IRS990/TotalLiabilitiesEOYAmt01866110
IRS990/TotalLiabilitiesGrp/BOYAmt01728720
IRS990/TotalLiabilitiesGrp/EOYAmt01866110
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt035648602
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt033321872
IRS990/TotalOtherCompensationAmt0617
IRS990/TotalProgramServiceExpensesAmt013296860
IRS990/TotalReportableCompFromOrgAmt065000
IRS990/TotalRevenueGrp/ExclusionAmt0-515472
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt011233268
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt037377322
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt035187982
IRS990/TravelGrp/ProgramServicesAmt036540
IRS990/TravelGrp/TotalAmt036540
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01713720
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01713720
IRS990/USAddress/AddressLine1Txt05423 WILLOW WOOD LANE
IRS990/USAddress/CityNm0DALLAS
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075252
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SAM SIMONIAN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$35,187,982
Liabilities
$1,866,110
Net assets
$33,321,872
Revenue
$11,233,268
Expenses
$13,559,998
Net income
-$2,326,730
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.4$1.73$28.6$16.9$16.2$0.68
2023Detailed filing. Detailed filing data is available for this year.$35.2$1.87$33.3$11.2$13.6$2.33
2022Detailed filing. Detailed filing data is available for this year.$37.4$1.73$35.6$27.6$9.89$17.7
2021Detailed filing. Detailed filing data is available for this year.$11.3$0.00$11.3$13.8$2.67$11.1
2020Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$2.04$2.04$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.34$0.35$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$2.98$2.78$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$3.58$3.60$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$2.60$2.58$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$2.33$2.30$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.28$2.28$0.00
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$1.51$1.51$0.00
2012Summary only. Only limited summary data is available for this year.$4.96$0.00$6.45$1.49$4.96