Tnt Relief Fund

Nonprofit profile at a glance

EIN
822707395
IRS 990-EZ coverage
2023–2024
Forms available
Form 990 2022, Form 990-EZ 2024
Location
Houston, TX, USA
Phone
7132558606
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Disaster Preparedness and Relief Services

Reported finances

Revenue
$18,198
Expenses
$50,902
Assets
$68,168
Liabilities
$16,000

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

Leadership & pay

5 people listed

Executive titles in this filing

  • MIKE IRION (DIRECTOR/PRESIDENT)
  • KREGG LUNSFORD (DIRECTOR/VICE PRESIDENT (TO 2024))
  • KEVIN SCHULTZ (DIRECTOR/VICE PRESIDENT (FROM 2024))

People named in this filing

  • MIKE IRION (DIRECTOR/PRESIDENT)
  • KREGG LUNSFORD (DIRECTOR/VICE PRESIDENT (TO 2024))
  • JEREMY JACKSON (DIRECTOR/TREASURER)

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

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

Overview

Mission

To provide disaster relief to the employees and families of tnt crane and rigging, inc.

What it reported doing in 2024

The sole activity of the tnt relief fund (the "fund") is to provide relief in response to disasters and emergency hardships suffered by current, former and future employees of tnt crane & rigging, inc. And its subsidiaries and affiliates ("tnt") and the members of the families of current, former and future employees of tnt crane & rigging, inc. And its subsidiaries and affiliates (collectively, "potential grant recipients"). The fund will devote all its time and resources to its disaster and emergency hardship relief activity.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 88% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 26
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -179.7%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 1.34; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 79% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -30.6% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: 25.2% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $51K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 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.

  • High — Sustainability: Operating margin scored 5/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.