Technology Business Management Council Ltd

Nonprofit profile at a glance

EIN
462013265
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Armonk, NY, USA
Phone
8664700320
Rating confidence
Limited
Sector
Business and Industry

Official website

Reported finances

Revenue
$358,176
Expenses
$1,825,397
Assets
$1,339,273
Liabilities
$7,585,298

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • Ashley Pettit (Chair, Executive Director)
  • Atticus Tysen (Executive Director)
  • Bharat Amin (Executive Director)
  • Bhushan Ivaturi (Executive Director)
  • Fumbi Chima (Executive Director)
  • George Maddaloni (Executive Director)

People named in this filing

  • Ashley Pettit (Chair, Executive Director)
  • Atticus Tysen (Executive Director)
  • Bharat Amin (Executive Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To create and promote best practices for running I.T. business and to collaborate with business partners on identifying and executing impactful technology strategies.

What it reported doing in 2024

The council's mission is to create and promote best practices for running I.T. businesses and to empower I.T. executives, such as chief information officers, to collaborate with their business partners on identifying and executing impactful technology strategies to achieve corporate goals. The council also continuously develops and promulgates new standards and best practices to advance the industry and generally raise awareness about Technology Business Management Council LTD ("TBMC"). Conferences, Special Events, Workgroups. The council hosts/promotes an annual Technology Business Management ("TBM") conference. It is an event dedicated to managing I.T. like a business and provides I.T. leaders with education to better manage and communicate the value of their I.T. investments. Sessions at the conference cover topics from best practices in the industry to deep-dive sessions about the discipline of TBM. Attendees network with others over four days and share TBM strategies with other I.T. leaders from around the world. The council also typically hosts a TBM European summit at which global I.T. leaders gather to explore technology trends, challenges, and opportunities. The council also designs workgroups to foster collaboration between senior technology leaders.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 76
  • Sustainability: 18
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Scored; rating input score 0

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -409.6%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0.73; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 5.66; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -31.3% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -1.3% per year; rating input score 0; 20th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 20 of 20 board members independent · 3 of 7 filing controls reported
  • Programs: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 21 people listed
  • Consistency: 9 of 10 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes related organizations
  • Filing history: 5 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Moderate — Transparency & Controls: Fund balance restriction sum did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.