Civic Intelligence

Turnaround Management Association

EIN 95-4553818 • 501(c)6 • Oak Park, CA

Profile

The purpose of the turnaround management association - southern california chapter (the "chapter") is: (a) to serve as a forum for convening professionals from all disciplines of the corporate renewal process to exchange information, ideas and knowledge on business revitalization. (b) to promote high standards of practice and improved methodologies in turnaround management. (c) to foster professional development opportunities for turnaround executives, enhancing the necessary competencies for successful practice. (d) to serve as a clearinghouse of information and research pertinent to the turnaround business. (e) to promote the image of the turnaround management association and those practicing in the revitalization of troubled businesses as professionals committed to the highest standard of practice.

638 Lindero Canyon Road 255Oak Park, CA 91377

www.southerncalifornia.turnaround.org

Siviq Scores

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

Liabilities / Assets

80th percentile

0.18x

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

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

0.27x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

23rd percentile

-18%

Higher net margin than 23% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

45th percentile

-4.2%

Faster asset growth than 45% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

3.1%

Faster revenue growth than 57% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$229,863

Down $12,913 (-5.3%) from 2023

Liabilities

Up

$40,500

Up $14,500 (+56%) from 2023

Net Assets

Down

$189,363

Down $27,413 (-13%) from 2023

Operations
Liabilities / Revenue87th percentileNet Margin23rd percentile

Revenue

Up

$150,885

Up $1,730 (+1.2%) from 2023

Expenses

Up

$178,298

Up $8,043 (+4.7%) from 2023

Net Income

Down

-$27,413

Down $6,313 (-30%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

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

$300K$200K$100K$0Assets 2009: $75,277Liabilities 2009: $18,7002009Assets 2010: $105,504Liabilities 2010: $21,328Net Assets 2010: $84,1762010Assets 2011: $96,125Liabilities 2011: $5952011Assets 2012: $90,832Liabilities 2012: $15,1182012Assets 2013: $80,477Liabilities 2013: $0Net Assets 2013: $80,4772013Assets 2014: $120,218Liabilities 2014: $9,250Net Assets 2014: $110,9682014Assets 2015: $109,135Liabilities 2015: $20,555Net Assets 2015: $88,5802015Assets 2016: $107,662Liabilities 2016: $15,141Net Assets 2016: $92,5212016Assets 2017: $106,795Liabilities 2017: $0Net Assets 2017: $106,7952017Assets 2018: $105,690Liabilities 2018: $21,500Net Assets 2018: $84,1902018Assets 2019: $149,613Liabilities 2019: $11,500Net Assets 2019: $138,1132019Assets 2020: $244,117Liabilities 2020: $58,500Net Assets 2020: $185,6172020Assets 2021: $238,118Liabilities 2021: $18,500Net Assets 2021: $219,6182021Assets 2022: $282,376Liabilities 2022: $44,500Net Assets 2022: $237,8762022Assets 2023: $242,776Liabilities 2023: $26,000Net Assets 2023: $216,7762023Assets 2024: $229,863Liabilities 2024: $40,500Net Assets 2024: $189,3632024

Highlighted filing

2024

Assets$229,863
Liabilities$40,500
Net Assets$189,363
Open 2024 Filing

Operations Trend

Revenue Growth57th percentile

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

$300K$200K$100K$0-$100KRevenue 2009: $163,949Expenses 2009: $140,254Net Income 2009: $23,6952009Revenue 2010: $207,777Expenses 2010: $180,582Net Income 2010: $27,1952010Revenue 2011: $192,522Expenses 2011: $181,168Net Income 2011: $11,3542011Revenue 2012: $178,875Expenses 2012: $198,691Net Income 2012: -$19,8162012Revenue 2013: $97,661Expenses 2013: $92,898Net Income 2013: $4,7632013Revenue 2014: $86,710Expenses 2014: $56,219Net Income 2014: $30,4912014Revenue 2015: $72,841Expenses 2015: $95,229Net Income 2015: -$22,3882015Revenue 2016: $62,905Expenses 2016: $58,965Net Income 2016: $3,9402016Revenue 2017: $74,635Expenses 2017: $60,361Net Income 2017: $14,2742017Revenue 2018: $62,813Expenses 2018: $84,218Net Income 2018: -$21,4052018Revenue 2019: $116,499Expenses 2019: $62,576Net Income 2019: $53,9232019Revenue 2020: $123,104Expenses 2020: $75,600Net Income 2020: $47,5042020Revenue 2021: $117,959Expenses 2021: $83,958Net Income 2021: $34,0012021Revenue 2022: $134,484Expenses 2022: $116,226Net Income 2022: $18,2582022Revenue 2023: $149,155Expenses 2023: $170,255Net Income 2023: -$21,1002023Revenue 2024: $150,885Expenses 2024: $178,298Net Income 2024: -$27,4132024

Highlighted filing

2024

Revenue$150,885
Expenses$178,298
Net Income-$27,413
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$229,863
Liabilities
$40,500
Net assets
$189,363
Revenue
$150,885
Expenses
$178,298
Net income
-$27,413
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.30$0.41$1.89$1.51$1.78$0.27
2023Detailed filing. Detailed filing data is available for this year.$2.43$0.26$2.17$1.49$1.70$0.21
2022Detailed filing. Detailed filing data is available for this year.$2.82$0.45$2.38$1.34$1.16$0.18
2021Detailed filing. Detailed filing data is available for this year.$2.38$0.19$2.20$1.18$0.84$0.34
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.44$0.59$1.86$1.23$0.76$0.48
2019Detailed filing. Detailed filing data is available for this year.$1.50$0.12$1.38$1.16$0.63$0.54
2018Detailed filing. Detailed filing data is available for this year.$1.06$0.22$0.84$0.63$0.84$0.21
2017Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.75$0.60$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.15$0.93$0.63$0.59$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.09$0.21$0.89$0.73$0.95$0.22
2014Detailed filing. Detailed filing data is available for this year.$1.20$0.09$1.11$0.87$0.56$0.30
2013Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.98$0.93$0.05
2012Summary only. Only limited summary data is available for this year.$0.91$0.15$1.79$1.99$0.20
2011Summary only. Only limited summary data is available for this year.$0.96$0.01$1.93$1.81$0.11
2010Summary only. Only limited summary data is available for this year.$1.06$0.21$0.84$2.08$1.81$0.27
2009Summary only. Only limited summary data is available for this year.$0.75$0.19$1.64$1.40$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 6, 2025
Return Version
2024v5.2
Gross Receipts
$150,885
Mission and Program Overview

Mission

The purpose of the turnaround management association - southern california chapter (the "chapter") is: (a) to serve as a forum for convening professionals from all disciplines of the corporate renewal process to exchange information, ideas and knowledge on business revitalization. (b) to promote high standards of practice and improved methodologies in turnaround management. (c) to foster professional development opportunities for turnaround executives, enhancing the necessary competencies for successful practice. (d) to serve as a clearinghouse of information and research pertinent to the turnaround business. (e) to promote the image of the turnaround management association and those practicing in the revitalization of troubled businesses as professionals committed to the highest standard of practice.

The purpose of the Turnaround Management Association - Southern California Chapter (the "Chapter") is:(A) To serve as a forum for convening professionals from all disciplines of the corporate renewal process to exchange information, ideas and knowledge on business revitalizations.(B) To promote high standards of practice and improved methodologies in turnaround management.(C) To foster professional development opportunities for turnaround executives, enhancing the necessary competencies for successful practice. (D) To serve as a clearinghouse of information and research pertinent to the turnaround business.(E) To promote the image of the Turnaround Management Association and those practicing in the revitalization of troubled businessess as professionals committed to the highest standard of practice.

Program Services

DescriptionGrantsExpenses
To serve as a forum for convening professionals from all disciplines of the corporate renewal process to exchange information, ideas and knowledge on business revitalization.$0$0
To promote the high standards of practice and improved methodologies in turnaround management, and to foster professional development opportunities for turnaround executives, enhancing the necessary competencies for successful practice.$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert RiiskaTreasurer-$0--
Bobby MarticelloCommunications Co-Chair-$0--
Michael OzawaVice President-$0--
David TepperMembership Co-Chair-$0--
Emily HarigSecretary-$0--
Gino ClarkCommunications Co-Chair-$0--
Joshua PichinsonDirector-$0--
Liz GonzalezCommunications Co-Chair-$0--
Rey AbundoSponsorship Co-Chair-$0--
Toby BaileyDirector-$0--
Sofi DaarDirector-$0--
Nir MaozDirector-$0--
Filing and Contact Details

Filer

Filer Name
Turnaround Management Association
EIN
95-4553818
Phone
3103224020
Address
638 Lindero Canyon Road 255, Oak Park, CA 91377

Signing Officer

Name
Robert O Riiska
Title
Treasurer
Phone
3103224020
Signed
2025-09-06
Discuss with paid preparer
Yes

Preparer

Firm
Accounting Made Accessible Inc
Address
5830 East 2nd St PMB 92097, Casper, WY 82609
Preparer
Charleen Fariselli CPA
Phone
8057624675
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

“Description: Interest Income. Amount: 6,800.”

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity Classification: Donation. Grantee Name: City of Hope. Grantee Address: 1500 East Duarte Road Duarte, CA 91010. Grantee Relationship: None. Property Description: Cash. Date of Gift: 12/19/20. Amount Given: 10,000.”

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: Advertising. Amount: 1,487. Description: Bank & Credit Card Fees. Amount: 1,891. Description: Office Expense. Amount: 6,204. Description: State Filing Fee. Amount: 25. Description: Sponsorships. Amount: 7,039. Description: Meeting & Event Expenses. Amount: 77,814. Total to Form 990-EZ, line 16: 94,460.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: Deferred Revenue. Beg. of Year Amount: 26,000. End of Year Amount: 40,500.”

Raw XML Appendix180 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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TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Charleen Fariselli CPA
ReturnHeader/ReturnTs02025-10-01T13:23:30-05:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

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