TMG FOUNDATION

EIN: 010750822 501(c)(3) Philanthropy & Grantmaking

GRIDLEY, IL

Total Revenue
$642,026
Total Expenses
$654,296
Total Assets
$9,982,943
Net Assets
$9,062,330
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
IL
Principal Officer
GARY RINGGER
Tax Period
2023-01-01 to 2023-12-31

TMG FOUNDATION, founded in 2002, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $642K in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring. Net assets of $9.1M represent 169 months of operating reserves.

Mission

PROVIDE SUPPORT TO OTHER 501(C)(3) ORGANIZATIONS, PRIMARILY THOSE AIDING ORPHANS THROUGHOUT THE WORLD, IN ACCORDANCE WITH THE MISSION OF NATIONAL CHRISTIAN CHARITABLE FOUNDATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $200,000
Program Service Revenue $37,620
Investment Income $404,406
Other Revenue $0
TOTAL REVENUE $642,026

Expense Breakdown

Grants Paid $494,655
Salaries & Benefits $0
Fundraising Expenses $13,464
Program Expenses $494,655
Other Expenses $159,641
TOTAL EXPENSES $654,296

Year-over-Year Comparison

2023 2022 Change
Revenue $642,026 $1,453,582 -0.6%
Expenses $654,296 $1,122,117 -0.4%
Net Income $-12,270 $331,465 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROGER SANDBERG DIRECTOR 1.00
Director
$0 $0 $0
MARLA RINGGER DIRECTOR 1.00
Director
$0 $0 $0
TERRILL PARKER DIRECTOR 1.00
Director
$0 $0 $0
RONALD SMITH DIRECTOR 1.00
Director
$0 $0 $0
GARY RINGGER PRESIDENT 3.00
Officer Director
$0 $0 $0
KORY KAEB VICE-PRESIDENT 1.00
Officer
$0 $0 $0
KYLE HANGARTNER TREASURER 3.00
Officer
$0 $0 $0
KAREN JONAS SECRETARY 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $642,026 $654,296 $9,982,943 $-12,270
2022 $1,453,582 $1,122,117 $10,039,304 $331,465
2021 $2,851,285 $367,982 $9,804,302 $2,483,303
2020 $2,455,027 $151,919 $7,873,035 $2,303,108
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