Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
Torpedo Factory Artists Assoc
EIN 54-1043044 • 501(c)3 • Alexandria, VA
Profile
Tfaa-to foster connection among artist
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.05x
Liabilities / Revenue
80th percentile
Higher debt load relative to revenue than 80% of similar nonprofits.
Net Margin
58th percentile
Higher net margin than 58% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
67th percentile
Faster asset growth than 67% of similar nonprofits.
Revenue Growth
69th percentile
Faster revenue growth than 69% of similar nonprofits.
Balance Sheet
Assets
Up$100,254
Up $8,051 (+8.7%) from 2023
Liabilities
Up$5,446
Up $2,379 (+78%) from 2023
Net Assets
Up$94,808
Up $5,672 (+6.4%) from 2023
Revenue
Up$92,446
Up $12,804 (+16%) from 2023
Expenses
Up$86,774
Up $2,576 (+3.1%) from 2023
Net Income
Up$5,672
Up $10,228 (+224%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $100,254
- Liabilities
- $5,446
- Net assets
- $94,808
- Revenue
- $92,446
- Expenses
- $86,774
- Net income
- $5,672
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $1.00 | $0.05 | $0.95 | $0.92 | $0.87 | $0.06 |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.92 | $0.03 | $0.89 | $0.80 | $0.84 | $0.05 |
| 2022Detailed filing. Detailed filing data is available for this year. | $1.33 | $0.05 | $1.29 | $0.93 | $1.01 | $0.08 |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 5, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $92,446
Mission and Program Overview
Mission
Tfaa-to foster connection among artist
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE VAN LANDINGHAM GALLERY (MVLG) PROVIDES EXHIBITION POSSIBILITIES AT VLG AND OPEN TO ALL TFAA MEMBERS AND THE DC METRO AREA ARTIST COMMUNITY. | - | $51,923 |
| NO GRANTS FOR THE FISCAL YEAR. | - | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SAMANTHA L SHELTON | Treasurer | PT | $0 | - | - |
| ANTHONY NSOFOR | Vice President | PT | $0 | - | - |
| LISA SCHUMAIER | President | PT | $0 | - | - |
| DIANA PAPAZIAN | Secretary | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Torpedo Factory Artists Assoc
- EIN
- 54-1043044
- In Care Of
- % SAMANTHA SHELTON
- Phone
- 7039193886
- Address
- 105 NORTH UNION STREET STE 315, ALEXANDRIA, VA 22314
Signing Officer
- Name
- Samantha Shelton
- Title
- Treasurer
- Phone
- 7039193886
- Signed
- 2025-11-05
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Assurance Tax & Accounting Ser
- Address
- 5641 Burke Center Pkwy 205, Burke, VA 22015
- Preparer
- Kishore K Pandey
- Phone
- 7032391066
Supplemental Narrative
Additional Explanations
Description of other revenue Part I line 8
“Description AmountDEALER DISCOUNT 25MISCELLANEOUS INCOME 100”
Description of other expenses Part I line 16
“Description AmountMARKETING 860INSURANCE 6,608ADMINISTRATIVE AND OFFICE EXPENSES 7,634OPERATION SUPPORTS 1,116MVLG GALLERY 51,923FUNDRAISING 300TECHNOLOGY EXPENSES 4,088MEMEBRSHIP EVETNS AND COMMITTEE SUP 2,232ACCOUNTING FEE 9,080LICENSES AND FEE 1,383”
Description of other assets Part II line 24
“Category Beginning of Year End of YearPREPAID EXPENSES 2,849 2,149DEPOSITS 543 543UNDEPOSITED FUND 227 0ACCOUNTS RECEVIABLES 0 3,760”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearACCOUNTA PAYABLE 2,489 4,883PAYROLL TAX AND OTHER LIABILIT 578 563”
Raw XML Appendix170 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7036558147 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 105 NORTH UNION STREET 315 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ALEXANDRIA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 22314 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 88584 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 93802 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 5672 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 92203 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 100254 |
| IRS990EZ/GrossReceiptsAmt | 0 | 92446 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 31 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 30241 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 89136 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 94808 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 89136 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 94808 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1550 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 8.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 8.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SAMANTHA L SHELTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ANTHONY NSOFOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | LISA SCHUMAIER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DIANA PAPAZIAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 3619 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 6452 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 85224 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 125 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TFAA-TO FOSTER CONNECTION AMONG ARTIST |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 62049 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE VAN LANDINGHAM GALLERY (MVLG) PROVIDES EXHIBITION POSSIBILITIES AT VLG AND OPEN TO ALL TFAA MEMBERS AND THE DC METRO AREA ARTIST COMMUNITY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | NO GRANTS FOR THE FISCAL YEAR. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 51923 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3067 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 5446 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 86774 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 51923 |
| IRS990EZ/TotalRevenueAmt | 0 | 92446 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTPS://WWW.TORPEDOFACTORYARTISTS.COM |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 30241 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 37725 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 40067 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 108033 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 40 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 40 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 42 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 122 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt | 0 | 62019 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt | 0 | 76893 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt | 0 | 51047 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 189959 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 40 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 40 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 42 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 122 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 125 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 20 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 145 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99910 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 297992 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 92260 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 114618 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 91114 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 297992 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 92425 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 114678 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 91156 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 298259 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountDEALER DISCOUNT 25MISCELLANEOUS INCOME 100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountMARKETING 860INSURANCE 6,608ADMINISTRATIVE AND OFFICE EXPENSES 7,634OPERATION SUPPORTS 1,116MVLG GALLERY 51,923FUNDRAISING 300TECHNOLOGY EXPENSES 4,088MEMEBRSHIP EVETNS AND COMMITTEE SUP 2,232ACCOUNTING FEE 9,080LICENSES AND FEE 1,383 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearPREPAID EXPENSES 2,849 2,149DEPOSITS 543 543UNDEPOSITED FUND 227 0ACCOUNTS RECEVIABLES 0 3,760 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearACCOUNTA PAYABLE 2,489 4,883PAYROLL TAX AND OTHER LIABILIT 578 563 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other revenue Part I line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SAMANTHA SHELTON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7039193886 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TORPEDO FACTORY ARTISTS ASSOC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TORP |
| ReturnHeader/Filer/EIN | 0 | 541043044 |
| ReturnHeader/Filer/InCareOfNm | 0 | % SAMANTHA SHELTON |
| ReturnHeader/Filer/PhoneNum | 0 | 7039193886 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 105 NORTH UNION STREET STE 315 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ALEXANDRIA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 22314 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 273489486 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Assurance Tax & Accounting Ser |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5641 Burke Center Pkwy 205 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Burke |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 22015 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7032391066 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KISHORE K PANDEY |
| ReturnHeader/ReturnTs | 0 | 2025-11-14T11:56:38-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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