TM Forum

Nonprofit profile at a glance

EIN
222926307
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Parsippany, NJ, USA
Phone
9739445100
Rating confidence
Limited

Official website

Reported finances

Revenue
$35,924,365
Expenses
$37,895,933
Assets
$24,084,475
Liabilities
$18,531,185

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

Leadership & pay

28 people listed

Executive titles in this filing

  • NIK WILLETTS (PRESIDENT & CEO)

Highest reported compensation

  • TIM BANHAM (CHIEF COMMERCIAL OFFICER): $374,642 total reported compensation
  • OLGA MARTYNOV (CFO,SECRETARY/TREASURER): $372,748 total reported compensation
  • GEORGE GLASS (CTO): $339,970 total reported compensation

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

Overview

Mission

We provide a place for our Members to collaborate to deliver lasting change and renewed value and purpose for our industry. Together, we are building a sustainable future for the sector in connectivity and beyond.

What it reported doing in 2024

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.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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: 54
  • Accountability: 84
  • Sustainability: 19
  • Growth: 60

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; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 88.9%; rating input score 89; 21st percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -5.5%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0.64; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.77; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 8.1%; rating input score 29; 29th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 2.3% per year; rating input score 100; 19th percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 16 of 18 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $375K · 28 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $964K reported
  • Consistency: 11 of 11 current checks pass
  • Schedules: 5 filed schedules · includes foreign activity and executive pay
  • Filing history: 14 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Sustainability: Operating margin scored 16/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • High — Sustainability: Officer compensation ratio scored 29/100.