Civic Intelligence

Turnaround Management Association Carolinas Chapter

990EZ • Fiscal year 2020 • EIN 56-1903517

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 05, 2021

6936 Huntfield DriveCharlotte, NC 28270

(704) 733-9791

Siviq Scores

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

Liabilities / Assets

61st percentile

0.03x

Higher debt load relative to assets than 61% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

68th percentile

0.07x

Higher debt load relative to revenue than 68% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

36th percentile

-4.8%

Higher net margin than 36% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

40th percentile

-2.1%

Faster asset growth than 40% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

19th percentile

-53%

Faster revenue growth than 19% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$89,269

Down $1,890 (-2.1%) from 2019

Net Assets

$86,621

No earlier filing loaded for comparison.

Liabilities

Flat

$2,648

Flat from 2019

Revenue

Down

$39,252

Down $43,637 (-53%) from 2019

Expenses

Down

$41,142

Down $26,616 (-39%) from 2019

Net Income

Down

-$1,890

Down $17,021 (-112%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $31,835Liabilities 2011: $3,9482011Assets 2012: $53,146Liabilities 2012: $3,9482012Assets 2013: $48,919Liabilities 2013: $3,9482013Assets 2014: $58,084Liabilities 2014: $3,948Net Assets 2014: $54,1362014Assets 2015: $55,238Liabilities 2015: $3,948Net Assets 2015: $51,2902015Assets 2016: $57,045Liabilities 2016: $3,948Net Assets 2016: $53,0972016Assets 2017: $68,581Liabilities 2017: $2,648Net Assets 2017: $65,9332017Assets 2018: $76,028Liabilities 2018: $2,6482018Assets 2019: $91,159Liabilities 2019: $2,6482019Assets 2020: $89,269Liabilities 2020: $2,648Net Assets 2020: $86,6212020Assets 2021: $86,058Liabilities 2021: $2,648Net Assets 2021: $83,4102021Assets 2022: $97,169Liabilities 2022: $2,648Net Assets 2022: $94,5212022Assets 2023: $163,205Liabilities 2023: $2,648Net Assets 2023: $160,5572023

Highlighted filing

2020

Assets$89,269
Liabilities$2,648
Net Assets$86,621

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $48,511Expenses 2011: $52,340Net Income 2011: -$3,8292011Revenue 2012: $67,079Expenses 2012: $45,768Net Income 2012: $21,3112012Revenue 2013: $50,599Expenses 2013: $54,828Net Income 2013: -$4,2292013Revenue 2014: $60,714Expenses 2014: $51,550Net Income 2014: $9,1642014Revenue 2015: $105,554Expenses 2015: $108,400Net Income 2015: -$2,8462015Revenue 2016: $88,903Expenses 2016: $87,096Net Income 2016: $1,8072016Revenue 2017: $93,373Expenses 2017: $81,837Net Income 2017: $11,5362017Revenue 2018: $75,495Expenses 2018: $68,048Net Income 2018: $7,4472018Revenue 2019: $82,889Expenses 2019: $67,758Net Income 2019: $15,1312019Revenue 2020: $39,252Expenses 2020: $41,142Net Income 2020: -$1,8902020Revenue 2021: $53,897Expenses 2021: $57,107Net Income 2021: -$3,2102021Revenue 2022: $85,798Expenses 2022: $74,687Net Income 2022: $11,1112022Revenue 2023: $250,431Expenses 2023: $230,642Net Income 2023: $19,7892023

Highlighted filing

2020

Revenue$39,252
Expenses$41,142
Net Income-$1,890
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 5, 2021
Return Version
2020v4.0
Gross Receipts
$39,252
Mission and Program Overview

Mission

Raise awareness and promote the turnaround management industry

Program Services

DescriptionGrantsExpenses
PROVIDED OPPORTUNITIES FOR TURNAROUND MANAGEMENT PROFESSIONALS TO NETWORK AND PRESENTED TRADE SHOWS TO PROMOTE THE INDUSTRY.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LISA SUMNERDirector-$0--
MATT SMITHImm. Past Pr-$0--
JAMES PORTERPresident-$0--
DAVID SCHILLISecretary-$0--
TERRY KEATINGDirector-$0--
JERRY YOUNTSDirector-$0--
CHRIS FERGUSONDirector-$0--
DANIEL GILBERTDirector-$0--
MARGARET WESTBROOKPresident-El-$0--
MICHAEL BEALDirector-$0--
JANE DOWNEYDirector-$0--
BEN RILEYTreasurer-$0--
ED SANZDirector-$0--
ROB TRAMANTANODirector-$0--
DANIEL VALLEDirector-$0--
JOE ALFIERIDirector-$0--
MATT WEINERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Turnaround Management Association
EIN
56-1903517
Phone
7047339791
Address
6936 HUNTFIELD DRIVE, CHARLOTTE, NC 28270

Signing Officer

Name
Ben Riley
Title
Treasurer
Phone
7047339791
Signed
2021-11-05

Preparer

Firm
Gordon Keeter & Co
Address
323 CODDLE MARKET DRIVE NW SUITE 11, CONCORD, NC 28027
Preparer
Heather Richter CPA
Phone
7047860171
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses travel & conferences 3,614 insurance 1,073 meetings 12,863 speaker gifts 831 telephone/email 228 office supplies 138 sponsor appreciation 240 zoom fees 50 total 19,037

Form 990-ez, Part II, Line 26

Membership reserve 2,648 2,648

Raw XML Appendix168 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0LISA SUMNER
CompensationExplanation/CompensationExplanationGrp/PersonNm1MATT SMITH
CompensationExplanation/CompensationExplanationGrp/PersonNm2JAMES PORTER
CompensationExplanation/CompensationExplanationGrp/PersonNm3DAVID SCHILLI
CompensationExplanation/CompensationExplanationGrp/PersonNm4TERRY KEATING
CompensationExplanation/CompensationExplanationGrp/PersonNm5JERRY YOUNTS
CompensationExplanation/CompensationExplanationGrp/PersonNm6CHRIS FERGUSON
CompensationExplanation/CompensationExplanationGrp/PersonNm7DANIEL GILBERT
CompensationExplanation/CompensationExplanationGrp/PersonNm8MARGARET WESTBROOK
CompensationExplanation/CompensationExplanationGrp/PersonNm9MICHAEL BEAL
CompensationExplanation/CompensationExplanationGrp/PersonNm10JANE DOWNEY
CompensationExplanation/CompensationExplanationGrp/PersonNm11BEN RILEY
CompensationExplanation/CompensationExplanationGrp/PersonNm12ED SANZ
CompensationExplanation/CompensationExplanationGrp/PersonNm13ROB TRAMANTANO
CompensationExplanation/CompensationExplanationGrp/PersonNm14DANIEL VALLE
CompensationExplanation/CompensationExplanationGrp/PersonNm15JOE ALFIERI
CompensationExplanation/CompensationExplanationGrp/PersonNm16MATT WEINER
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ANNA CHANDLER
IRS990EZ/BooksInCareOfDetail/PhoneNum07047339791
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06936 HUNTFIELD DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHARLOTTE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028270
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt091159
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt089269
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt023650
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1890
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt022105
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt089269
IRS990EZ/GrossReceiptsAmt039252
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt07495
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt088511
IRS990EZ/NetAssetsOrFundBalancesEOYAmt086621
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt088511
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt086621
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt8000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt9000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt16000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt140
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt150
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt160
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LISA SUMNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MATT SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JAMES PORTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAVID SCHILLI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TERRY KEATING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JERRY YOUNTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6CHRIS FERGUSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DANIEL GILBERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MARGARET WESTBROOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9MICHAEL BEAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10JANE DOWNEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11BEN RILEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12ED SANZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13ROB TRAMANTANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm14DANIEL VALLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm15JOE ALFIERI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm16MATT WEINER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1IMM. PAST PR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8PRESIDENT-EL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt15DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt16DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt019037
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0RAISE AWARENESS AND PROMOTE THE TURNAROUND MANAGEMENT INDUSTRY
IRS990EZ/ProgramServiceRevenueAmt08107
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED OPPORTUNITIES FOR TURNAROUND MANAGEMENT PROFESSIONALS TO NETWORK AND PRESENTED TRADE SHOWS TO PROMOTE THE INDUSTRY.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02648
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02648
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt041142
IRS990EZ/TotalRevenueAmt039252
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TURNAROUND.ORG/CAROLINAS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES TRAVEL & CONFERENCES 3,614 INSURANCE 1,073 MEETINGS 12,863 SPEAKER GIFTS 831 TELEPHONE/EMAIL 228 OFFICE SUPPLIES 138 SPONSOR APPRECIATION 240 ZOOM FEES 50 TOTAL 19,037
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP RESERVE 2,648 2,648
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BEN RILEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07047339791
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TURNAROUND MANAGEMENT ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0TURN
ReturnHeader/Filer/EIN0561903517
ReturnHeader/Filer/PhoneNum07047339791
ReturnHeader/Filer/USAddress/AddressLine1Txt06936 HUNTFIELD DRIVE
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028270
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561793083
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GORDON KEETER & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0323 CODDLE MARKET DRIVE NW SUITE 11
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CONCORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028027
ReturnHeader/PreparerPersonGrp/PhoneNum07047860171
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HEATHER RICHTER CPA
ReturnHeader/ReturnTs02021-11-05T12:59:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RILEY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.63$0.03$1.61$2.50$2.31$0.20
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.03$0.95$0.86$0.75$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.03$0.83$0.54$0.57$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.89$0.03$0.87$0.39$0.41$0.02
2019Summary only. Only limited summary data is available for this year.$0.91$0.03$0.83$0.68$0.15
2018Summary only. Only limited summary data is available for this year.$0.76$0.03$0.75$0.68$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.03$0.66$0.93$0.82$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.04$0.53$0.89$0.87$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.55$0.04$0.51$1.06$1.08$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.58$0.04$0.54$0.61$0.52$0.09
2013Summary only. Only limited summary data is available for this year.$0.49$0.04$0.51$0.55$0.04
2012Summary only. Only limited summary data is available for this year.$0.53$0.04$0.67$0.46$0.21
2011Summary only. Only limited summary data is available for this year.$0.32$0.04$0.49$0.52$0.04