TSG Foundation

Legal name: Tsg Publishing Foundation

Nonprofit profile at a glance

EIN
954255915
IRS 990 coverage
2012–2021
Official website data refreshed
Sep 2026
Forms available
Form 990 2021, Form 990-EZ 2011
Location
Scottsdale, AZ, USA
Phone
480-502-1909
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Religion Related N.E.C.
Affiliation
Religious (unspecified)

Official website

Reported finances

Revenue
$1,730,560
Expenses
$216,792
Assets
$14,623,066
Liabilities
$5,382

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • GITA SARAYDARIAN (PRESIDENT)

People named in this filing

  • GITA SARAYDARIAN (PRESIDENT)
  • LOU SCHWARTZ (CHAIR PERSON)
  • TONIA SCHWARTZ (SECRETARY)

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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To teach, preserve, and sustain the creative works of Torkom Saraydarian, a man of profound spiritual dedication and achievement, and his daughter, Gita Saraydarian. 2021 – Newsletter – End-of-Year News: Thank you for your Support (GS) 2020 – Newsletter – End-of-Year News: The Living Flame Continues (GS) 2019 – September _Outreach_ : Energy Matters (GS & guest contributors). Support TSG Help our organization by donating today! All donations go directly to making a difference for our cause. Donate. Your personal data will be used to support your experience throughout this website, to manage access to your account, and for other purposes described in our privacy policy. Register Support TSG ❤.

What it reported doing in 2021

Regular on-site classes, training and cermonies-spiritual classes based on published books held on sunday mornings throughout the year. Ceremonies for holidays, weddings and other spiritual events

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 36
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 95
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 10.4%; rating input score 10
  • Program expense ratio: 61.5%; rating input score 62
  • Fundraising efficiency: $109.94 raised per $1 spent on fundraising; rating input score 86; 86th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 87.5%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 67.45; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 84; 84th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 82; 82nd percentile among comparable filings

Growth

  • Program expense growth: -4.1% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: 25.9% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 31.1% per year; rating input score 100; 89th percentile among comparable filings

Details

  • What they do: 1 operating location identified
  • Where the money goes: 10.4% of revenue deployed · 61.5% of spending went to programs
  • Governance: 5 of 5 board members independent · 1 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $133K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2012 to 2021
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 10/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.