Civic Intelligence

Tbg Safety Services Inc

EIN 85-2981363 • 501(c)6 • Eagan, MN

Profile

Tbg safety services, inc has a primary goal of working with our members to provide safety services and value-added safety resources to help reduce andy and all hazzard exposures they face in the construction industry. Helping members develope a proactive safety culture derves a great benefit to the employees of our member companies, and the members themselves. Due to the nature of the industry, size of member comapanies, historical resistance to adopting safety in the consrtuction industry, etc. Tbg safety services will play a vital role in educating the members to see both the financial and humanitatian benefits to focusing time, energy, and resources toward improving saftey. To help members accomplish the goal of improved , tbg safety services fall exposure, ladder safety, health hazards and material handling, excavation safety, and mn osha assistance.

2919 Eagandale Blvd Ste 100Eagan, MN 55121
Siviq Scores

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

Liabilities / Assets

99th percentile

2.30x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2022

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

32nd percentile

0.0%

Faster asset growth than 32% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets99th percentile

Assets

Flat

$1,500,000

Flat from 2023

Liabilities

Up

$4,668,484

Up $612,838 (+15%) from 2023

Net Assets

Down

-$3,168,484

Down $612,838 (-24%) from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2023

Expenses

Up

$612,838

Up $3,496 (+0.6%) from 2023

Net Income

Down

-$612,838

Down $3,496 (-0.6%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth32nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2020: $1,500,000Liabilities 2020: $2,296,525Net Assets 2020: -$796,5252020Assets 2021: $1,500,000Liabilities 2021: $2,869,657Net Assets 2021: -$1,369,6572021Assets 2022: $1,500,000Liabilities 2022: $3,446,304Net Assets 2022: -$1,946,3042022Assets 2023: $1,500,000Liabilities 2023: $4,055,646Net Assets 2023: -$2,555,6462023Assets 2024: $1,500,000Liabilities 2024: $4,668,484Net Assets 2024: -$3,168,4842024

Highlighted filing

2024

Assets$1,500,000
Liabilities$4,668,484
Net Assets-$3,168,484
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500K-$1.0MRevenue 2020: $0Expenses 2020: $796,525Net Income 2020: -$796,5252020Revenue 2021: $0Expenses 2021: $573,132Net Income 2021: -$573,1322021Revenue 2022: $0Expenses 2022: $576,647Net Income 2022: -$576,6472022Revenue 2023: $0Expenses 2023: $609,342Net Income 2023: -$609,3422023Revenue 2024: $0Expenses 2024: $612,838Net Income 2024: -$612,8382024

Highlighted filing

2024

Revenue$0
Expenses$612,838
Net Income-$612,838
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$1,500,000
Liabilities
$4,668,484
Net assets
-$3,168,484
Revenue
$0
Expenses
$612,838
Net income
-$612,838
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.50$4.67$3.17$0.00$0.61$0.61
2023Detailed filing. Detailed filing data is available for this year.$1.50$4.06$2.56$0.00$0.61$0.61
2022Detailed filing. Detailed filing data is available for this year.$1.50$3.45$1.95$0.00$0.58$0.58
2021Detailed filing. Detailed filing data is available for this year.$1.50$2.87$1.37$0.00$0.57$0.57
2020Detailed filing. Detailed filing data is available for this year.$1.50$2.30$0.80$0.00$0.80$0.80
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 2, 2025
Return Version
2024v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

Tbg safety services, inc has a primary goal of working with our members to provide safety services and value-added safety resources to help reduce andy and all hazzard exposures they face in the construction industry. Helping members develope a proactive safety culture derves a great benefit to the employees of our member companies, and the members themselves. Due to the nature of the industry, size of member comapanies, historical resistance to adopting safety in the consrtuction industry, etc. Tbg safety services will play a vital role in educating the members to see both the financial and humanitatian benefits to focusing time, energy, and resources toward improving saftey. To help members accomplish the goal of improved , tbg safety services fall exposure, ladder safety, health hazards and material handling, excavation safety, and mn osha assistance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Assets Total$1,500,000$1,500,000→ $0
Total Assets$1,500,000$1,500,000→ $0
Liabilities
Unsecured Notes Loans Payable$4,055,646$4,668,484▲ $612,838
Total Liabilities$4,055,646$4,668,484▲ $612,838
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,555,646$-3,168,484▼ $612,838
Total Net Assets Fund Balance$-2,555,646$-3,168,484▼ $612,838
Total Liabilities and Net Assets / Fund Balance$1,500,000$1,500,000→ $0

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,500,000--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Stu ThompsonPresident, S
Adam TrippDirector
Ben EdwardsDirector
John LloydDirector
Thomas CorriganVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-612,838
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$612,838
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
Other Expenses$612,838--$612,838
Total Functional Expenses$612,838$0$0$612,838
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Tbg Safety Services Inc
EIN
85-2981363
Address
2919 EAGANDALE BLVD STE 100, EAGAN, MN 55121

Signing Officer

Name
Stu Thompson
Title
President, Secretary
Phone
6513891140
Signed
2025-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stu Thompson
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Gwizdala & Associates Inc
Address
4519 ALLENDALE DR, WHITE BEAR TWP, MN 55127-6342
Preparer
Michael L Kennedy CPA
Phone
6517722202
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Tbg safety services, inc has a primary goal of working with our members to provide safety services and value-added safety resources to help reduce andy and all hazzard exposures they face in the construction industry. Helping members develope a proactive safety culture derves a great benefit to the employees of our member companies, and the members themselves. Due to the nature of the industry, size of member comapanies, historical resistance to adopting safety in the consrtuction industry, etc. Tbg safety services will play a vital role in educating the members to see both the financial and humanitatian benefits to focusing time, energy, and resources toward improving saftey. To help members accomplish the goal of improved , tbg safety services fall exposure, ladder safety, health hazards and material handling, excavation safety, and mn osha assistance.”

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

“Manage worker compensation claims.”

Raw XML Appendix223 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGE WORKER COMPENSATION CLAIMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-02
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ReturnHeader/Filer/EIN0852981363
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
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ReturnHeader/PreparerPersonGrp/PhoneNum06517722202
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL L KENNEDY CPA
ReturnHeader/ReturnTs02025-05-14T16:16:23-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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