TM FORUM

EIN: 222926307

PARSIPPANY, NJ

Total Revenue
$35,924,365
Total Expenses
$37,895,933
Total Assets
$24,084,475
Net Assets
$5,553,290
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
NJ
Principal Officer
RACHEL YOXEN
Phone
9739445100
Tax Period
2024-04-01 to 2025-03-31

TM FORUM, founded in 1988, is a mid-sized nonprofit that reported $35.9M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TM FORUM'S MISSION IS TO HELP COMMUNICATIONS SERVICE PROVIDERS (CSPS) AND THEIR SUPPLIERS DIGITALLY TRANSFORM AND THRIVE BY PROVIDING AN OPEN, COLLABORATIVE ENVIRONMENT TO DEVELOP AND ADOPT PRACTICAL ASSETS LIKE THE OPEN DIGITAL ARCHITECTURE (ODA) AND INDUSTRY STANDARDS. THROUGH COLLABORATION, THEY AIM TO ACCELERATE DIGITAL TRANSFORMATION, MODERNIZE IT AND OPERATIONS, ENABLE AUTONOMOUS NETWORKS, AND ENSURE A SUSTAINABLE FUTURE FOR THE CONNECTIVITY INDUSTRY.

Program Service Accomplishments

Program 1

THE ORGANIZATION RUNS A SERIES OF EVENTS WORLDWIDE WITH THEIR FLAGSHIP EVENT OCCURRING EACH SUMMER. THE DIGITAL TRANSFORMATION WORLD CONFERENCE INCLUDES 6 CONCURRENT TRACKS OVER 3 DAYS, AN EXHIBITION...

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THE ORGANIZATION RUNS A SERIES OF EVENTS WORLDWIDE WITH THEIR FLAGSHIP EVENT OCCURRING EACH SUMMER. THE DIGITAL TRANSFORMATION WORLD CONFERENCE INCLUDES 6 CONCURRENT TRACKS OVER 3 DAYS, AN EXHIBITION OF OVER 100 MEMBER COMPANIES, SHOWCASING OVER 30 CATALYST "PROOF-OF-CONCEPT" PROJECTS, OVER 300 PRE-ARRANGED ONE-ON-ONE MEETINGS, 2 AWARD CEREMONIES, 2 NETWORKING PARTIES, AND VARIOUS OTHER NETWORKING ACTIVITIES THE DAY PRIOR TO THE EVENT WHICH ATTRACTS OVER 5,000 ATTENDEES.THE ORGANIZATION ALSO OFFERS A COMPREHENSIVE, WORLDWIDE TRAINING AND CERTIFICATION PROGRAM TO SUPPORT THE IMPLEMENTATION OF THE OPEN DIGITAL FRAMEWORK (ODF), A COMPREHENSIVE SUITE OF STANDARDS AND BEST PRACTICES THAT ENABLE BUSINESSES TO RUN WITH MAXIMUM AGILITY, SIMPLICITY, AND EFFICIENCY. WITH OVER 82,000 INDIVIDUAL CERTIFICATIONS AROUND THE WORLD, THE ORGANIZATION'S CERTIFICATION PROGRAM ENABLES TECHNICAL PROFESSIONALS TO DEMONSTRATE THEIR KNOWLEDGE OF ODF AND PROVIDES ACCESS TO A WORLDWIDE POOL OF CERTIFIED INDIVIDUALS. TRAINING COURSES ARE HELD IN AN ONLINE, SELF-PACED FORMAT AND INSTRUCTOR-LED FORMAT BOTH VIRTUALLY AND ONSITE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $17,528,861
Program Service Revenue $17,997,329
Investment Income $398,175
Other Revenue $0
TOTAL REVENUE $35,924,365

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,592,411
Fundraising Expenses $0
Other Expenses $21,303,522
TOTAL EXPENSES $37,895,933

Year-over-Year Comparison

2024 2023 Change
Revenue $35,924,365 $32,741,236 +0.1%
Expenses $37,895,933 $31,047,035 +0.2%
Net Income $-1,971,568 $1,694,201 -2.2%
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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Governance

Voting Members
18
Independent Members
16
Employees
28
Volunteers
N/A

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
3
$670,783
Total Directors
15
$0
Key Employees
5
$1,295,273
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANKAR ARUMUGAVELU DIRECTOR 1.00
Director
$0 $0 $0
SARIT ASSAF DIRECTOR 1.00
Director
$0 $0 $0
ENRIQUE BLANCO DIRECTOR 1.00
Director
$0 $0 $0
HAIPING CHI DIRECTOR 1.00
Director
$0 $0 $0
ERIK EKUDDEN DIRECTOR 1.00
Director
$0 $0 $0
LI HUIDI DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL LAWREY DIRECTOR 1.00
Director
$0 $0 $0
PETER LEUKERT DIRECTOR 1.00
Director
$0 $0 $0
HARMEEN MEHTA DIRECTOR 1.00
Director
$0 $0 $0
SCOTT PETTY DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN O'RIELLY DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY RODRIGO DIRECTOR 1.00
Director
$0 $0 $0
RAGHAV SAHGAL DIRECTOR 1.00
Director
$0 $0 $0
KIRAN THOMAS DIRECTOR 1.00
Director
$0 $0 $0
KOEN VERMEULEN DIRECTOR 1.00
Director
$0 $0 $0
STEFFAN ROEHN CHAIRMAN 40.00
Officer
$0 $0 $0
NIK WILLETTS PRESIDENT & CEO 40.00
Officer
$298,035 $0 $298,035
OLGA MARTYNOV CFO,SECRETARY/TREASURER 40.00
Officer
$372,748 $0 $372,748
TIM BANHAM CHIEF COMMERCIAL OFFICER 40.00
Key Emp
$374,642 $0 $374,642
GEORGE GLASS CTO 40.00
Key Emp
$339,970 $0 $339,970
ANDREW TILLER EVP, MEMBER PRODUCTS 40.00
Key Emp
$263,572 $0 $263,572
LAURA CALVERT EVP OF HUMAN RESOURCES 40.00
Key Emp
$166,842 $0 $166,842
HELEN COLEMAN CHIEF OPERATING OFFICER 40.00
Key Emp
$150,247 $0 $150,247
GREGORY GEODJENIAN VP, MEMBERSHIP & SERVICES 40.00
Highest
$267,523 $0 $267,523
LINDSAY KASSOF VP, LEGAL 40.00
Highest
$219,584 $0 $219,584
AARON BOASMAN VP, AI & CUSTOMER EXPERIENCE 40.00
Highest
$206,195 $0 $206,195
MARK GEERE PRODUCT MARKETING DIRECTOR 40.00
Highest
$199,075 $0 $199,075
AMANDA FLOWER REGIONAL DIRECTOR, AMERICAS 40.00
Highest
$198,906 $0 $198,906
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
2025 $35,924,365 $37,895,933 $24,084,475 $-1,971,568
2024 $32,741,236 $31,047,035 $24,008,452 $1,694,201
2023 $28,640,434 $27,538,432 $18,715,977 $1,102,002
2022 $22,734,515 $21,368,465 $17,539,747 $1,366,050
2021 $20,283,334 $18,263,698 $13,704,922 $2,019,636
2020 $21,268,418 $20,972,246 $14,255,056 $296,172
2019 $18,933,351 $19,057,963 $12,594,463 $-124,612
2018 $20,211,618 $19,985,345 $11,741,360 $226,273
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