Civic Intelligence

Telecommunications Risk Mgmt Assoc

990 • Fiscal year 2022 • EIN 75-2722424

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 20, 2023

35 E Wacker Dr 850Chicago, IL 60601

(312) 596-5296

Siviq Scores

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

Liabilities / Assets

89th percentile

0.41x

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.17x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

32nd percentile

-6.9%

Higher net margin than 32% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

13th percentile

-28%

Faster asset growth than 13% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

71st percentile

36%

Faster revenue growth than 71% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$194,619

Down $76,907 (-28%) from 2021

Net Assets

Down

$115,125

Down $59,391 (-34%) from 2021

Liabilities

Down

$79,494

Down $17,516 (-18%) from 2021

Revenue

Up

$456,098

Up $120,139 (+36%) from 2021

Expenses

Up

$487,562

Up $208,202 (+75%) from 2021

Net Income

Down

-$31,464

Down $88,063 (-156%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $688,413Liabilities 2010: $0Net Assets 2010: $688,4132010Assets 2011: $607,389Liabilities 2011: $0Net Assets 2011: $607,3892011Assets 2012: $601,481Liabilities 2012: $0Net Assets 2012: $601,4812012Assets 2013: $663,182Liabilities 2013: $0Net Assets 2013: $663,1822013Assets 2014: $651,164Liabilities 2014: $0Net Assets 2014: $651,1642014Assets 2015: $548,841Liabilities 2015: $0Net Assets 2015: $548,8412015Assets 2016: $592,478Liabilities 2016: $0Net Assets 2016: $592,4782016Assets 2017: $485,916Liabilities 2017: $0Net Assets 2017: $485,9162017Assets 2018: $468,794Liabilities 2018: $0Net Assets 2018: $468,7942018Assets 2019: $441,259Liabilities 2019: $0Net Assets 2019: $441,2592019Assets 2020: $346,056Liabilities 2020: $257,013Net Assets 2020: $89,0432020Assets 2021: $271,526Liabilities 2021: $97,010Net Assets 2021: $174,5162021Assets 2022: $194,619Liabilities 2022: $79,494Net Assets 2022: $115,1252022Assets 2023: $252,758Liabilities 2023: $144,031Net Assets 2023: $108,7272023Assets 2024: $205,619Liabilities 2024: $151,145Net Assets 2024: $54,4742024

Highlighted filing

2022

Assets$194,619
Liabilities$79,494
Net Assets$115,125

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $465,0592010Expenses 2011: $652,2462011Revenue 2012: $569,438Expenses 2012: $615,292Net Income 2012: -$45,8542012Revenue 2013: $525,663Expenses 2013: $471,547Net Income 2013: $54,1162013Revenue 2014: $530,140Expenses 2014: $542,158Net Income 2014: -$12,0182014Revenue 2015: $577,429Expenses 2015: $679,752Net Income 2015: -$102,3232015Revenue 2016: $561,057Expenses 2016: $573,817Net Income 2016: -$12,7602016Revenue 2017: $488,664Expenses 2017: $595,431Net Income 2017: -$106,7672017Revenue 2018: $525,399Expenses 2018: $528,000Net Income 2018: -$2,6012018Revenue 2019: $533,012Expenses 2019: $611,085Net Income 2019: -$78,0732019Revenue 2020: $329,952Expenses 2020: $485,060Net Income 2020: -$155,1082020Revenue 2021: $335,959Expenses 2021: $279,360Net Income 2021: $56,5992021Revenue 2022: $456,098Expenses 2022: $487,562Net Income 2022: -$31,4642022Revenue 2023: $454,406Expenses 2023: $454,013Net Income 2023: $3932023Revenue 2024: $437,423Expenses 2024: $513,754Net Income 2024: -$76,3312024

Highlighted filing

2022

Revenue$456,098
Expenses$487,562
Net Income-$31,464
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 20, 2023
Return Version
2022v5.0
Gross Receipts
$456,098
Mission and Program Overview

Mission

To promote a better understanding of, and the exchange of, credit risk information within the segment of the telecommunications industry providing services to consumers and small business users in an effort to reduce fraud, and better manage credit risk.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$180,109$153,901▼ $26,208
Cash and Non-Interest-Bearing Accounts$53,002$34,429▼ $18,573
Prepaid Expenses and Deferred Charges$38,415$6,289▼ $32,126
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$271,526$194,619▼ $76,907
Other Assets Total-$0-
Liabilities
Deferred Revenue$47,000$67,125▲ $20,125
Accounts Payable and Accrued Expenses$50,010$12,369▼ $37,641
Total Liabilities$97,010$79,494▼ $17,516
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$174,516$115,125▼ $59,391
Total Net Assets Fund Balance$174,516$115,125▼ $59,391
Total Liabilities and Net Assets / Fund Balance$271,526$194,619▼ $76,907
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sir Guy EppsPast President
John CravenPresident
Brian NewcombVice President
Daniel FranciaDirector
Deb KammerDirector
Jim SmithDirector
Kara SimpsonDirector
Jose SegarraExecutive Director
Maureen WhelanSecretary
Yashpal KovvurTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Bostrom CorporationManagement & Staff35 E WACKER DRIVE, Chicago, IL 60601$215,043
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$452,791
Investment Income
$3,307
Other Revenue
$0
Change in Net Assets
$-31,464

Audited Revenue Reconciliation

Revenue per Audited Statements
$454,510
Revenue Not Reported on Financial Statements
$1,588
Revenue Not Reported on Form 990
$-27,927
Total Revenue per Audited Statements
$426,583
Total Revenue per Form 990
$456,098
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$487,562
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$117,157
Fees for Services Management---$106,500
All Other Expenses---$19,904
Other Expenses---$13,638
Travel---$6,703
Information Technology---$3,798
Fees for Service Investment Mgmnt Fees---$1,588
Total Functional Expenses$0$0$0$487,562

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$487,562
Expenses per Audited Statements$485,974
Total Expenses per Audited Statements$485,974
Expenses Not Reported on Financial Statements$1,588
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The executive director and the cfo review the form 990 before it is filed.

Form 990, Part VI, Section C, Line 19

The documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Telecommunications Risk Management
EIN
75-2722424
Phone
3125965296
Address
35 E WACKER DR 850, CHICAGO, IL 60601

Signing Officer

Name
Jose Segarra
Title
Executive Director
Signed
2023-10-20
Discuss with paid preparer
Yes

Organization Details

Formed
1997
Legal Domicile
De
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Barnes Givens & Barnes
Address
200 E Evergreen Ave STE 117, Mount Prospect, IL 60056
Preparer
William J Barnes
Phone
2247642442
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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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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06289
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MEETINGS
IRS990/ProgramServiceRevenueGrp/Desc1Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/Desc2SPONSORSHIP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt089046
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1287250
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt276495
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt089046
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1287250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt276495
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt03592
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0279360
IRS990/PYProgramServiceRevenueAmt0332367
IRS990/PYRevenuesLessExpensesAmt056599
IRS990/PYTotalExpensesAmt0279360
IRS990/PYTotalRevenueAmt0335959
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-31464
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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/ExpensesNotRptFinclStmtAmt01588
IRS990ScheduleD/ExpensesSubtotalAmt0485974
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt01588
IRS990ScheduleD/InvestmentExpensesNotIncldAmt01588
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-27927
IRS990ScheduleD/RevenueNotReportedAmt0-27927
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01588
IRS990ScheduleD/RevenueSubtotalAmt0454510
IRS990ScheduleD/TotalExpensesPerForm990Amt0487562
IRS990ScheduleD/TotalRevenuePerForm990Amt0456098
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0426583
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0485974
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR AND THE CFO REVIEW THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0271526
IRS990/TotalAssetsEOYAmt0194619
IRS990/TotalAssetsGrp/BOYAmt0271526
IRS990/TotalAssetsGrp/EOYAmt0194619
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0487562
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt097010
IRS990/TotalLiabilitiesEOYAmt079494
IRS990/TotalLiabilitiesGrp/BOYAmt097010
IRS990/TotalLiabilitiesGrp/EOYAmt079494
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0174516
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0115125
IRS990/TotalProgramServiceRevenueAmt0452791
IRS990/TotalRevenueGrp/ExclusionAmt02768
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0453330
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0456098
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0271526
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0194619
IRS990/TravelGrp/TotalAmt06703
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt035 E WACKER DR 850
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd0606012106
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0www.trmanet.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jose Segarra
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TELECOMMUNICATIONS RISK MANAGEMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0TELE
ReturnHeader/Filer/EIN0752722424
ReturnHeader/Filer/PhoneNum03125965296
ReturnHeader/Filer/USAddress/AddressLine1Txt035 E WACKER DR 850
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060601
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362716239
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARNES GIVENS & BARNES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 E Evergreen Ave STE 117
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mount Prospect
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060056
ReturnHeader/PreparerPersonGrp/PhoneNum02247642442
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William J Barnes
ReturnHeader/ReturnTs02023-10-20T11:54:29-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jose
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Segarra
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.06$1.51$0.54$4.37$5.14$0.76
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.53$1.44$1.09$4.54$4.54$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.95$0.79$1.15$4.56$4.88$0.31
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.72$0.97$1.75$3.36$2.79$0.57
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.46$2.57$0.89$3.30$4.85$1.55
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.41$0.00$4.41$5.33$6.11$0.78
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.69$0.00$4.69$5.25$5.28$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.86$0.00$4.86$4.89$5.95$1.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.92$0.00$5.92$5.61$5.74$0.13
2015Detailed filing. Detailed filing data is available for this year.$5.49$0.00$5.49$5.77$6.80$1.02
2014Detailed filing. Detailed filing data is available for this year.$6.51$0.00$6.51$5.30$5.42$0.12
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.63$0.00$6.63$5.26$4.72$0.54
2012Summary only. Only limited summary data is available for this year.$6.01$0.00$6.01$5.69$6.15$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.07$0.00$6.07$6.52
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.88$0.00$6.88$4.65
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)6 • <$500k nonprofits