Tumml Inc

Nonprofit profile at a glance

EIN
371702739
IRS 990 coverage
2013–2016
Forms available
Form 990 2016, Form 990-N 2012
Location
San Francisco, CA, USA
Phone
4156135401
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Coalitions

Official website

Reported finances

Revenue
$277,818
Expenses
$539,028
Assets
$587,347
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • CLARA BRENNER (CEO)
  • JULIE LEIN (PRESIDENT)

Highest reported compensation

  • CLARA BRENNER (CEO): $120,000 total reported compensation
  • JULIE LEIN (PRESIDENT): $120,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Tumml's mission is to empower entrepreneurs to solve urban problems. Tumml provides mentorship and educational programs to entrepreneurs in an effort to foster and retain urban impact-focused businesses, improve the quality of life within cities, promote social welfare, relieve the poor and distressed, and combat community deterioration.

What it reported doing in 2016

Tumml provides hands-on skills training, a tailored education curriculum, mentorship, and seed funding to urban innovators in order to grow their businesses and make a significant impact in their communities. Tumml is a hub for urban technology, providing access to thought leadership, events, and startup support. Tumml provides structured events and access to mentors, professional coaches, and support staff to foster the promotion of:-jobs for the unemployed or underemployed residents of the community;-improvements and revitalization for deteriorated geographic areas; -stabilization to prevent future deterioration; and/or-businesses and wealth investment in areas of the urban environment where, but for the assistance provided by tumml, these businesses would not choose to be located. Entrepreneurs spend four months working in tumml's san francisco office. The urban impact entrepreneurs work through issues of market analysis, technology viability assessment, competitive positioning, team building, product lifecycle planning, marketing strategy, fundraising, and sales channel analysis, both independently and through a group-oriented curriculum.

Operating model

Revenue model
Donor-supported. 98% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 92
  • Accountability: 79
  • Sustainability: 25
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 67.6%; rating input score 68
  • Fundraising efficiency: $3.43 raised per $1 spent on fundraising; rating input score 16; 16th 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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -94%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 1.09; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 85; 85th percentile among comparable filings
  • Officer compensation ratio: 44.5%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 41.1% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: -16.5% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 10% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 67.6% of spending went to programs
  • Governance: 5 of 5 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $364K in reported program spending
  • Leadership: top reported pay $120K · 7 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 4 filing years from 2013 to 2016
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Fundraising efficiency scored 16/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.