Turnaround Management Association

Nonprofit profile at a glance

EIN
161563342
IRS 990-EZ coverage
2017–2025
Forms available
Form 990-EZ 2025
Location
Buffalo, NY, USA
Phone
7169191322
Rating
36
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$121,304
Expenses
$131,886
Assets
$39,245
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • John Mueller (Past President)
  • Scott Bogucki (President)
  • Aaron Fehnel (Secretary and President-Elect)

People named in this filing

  • John Mueller (Past President)
  • Scott Bogucki (President)
  • Aaron Fehnel (Secretary and President-Elect)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To serve as a forum for convening turnaround executives from all disciplines to exchange information, ideas and knowledge on the turnaround business, to promote high standards of practice and improved methodologies in turnaround management, to foster professional development opportunities for turnaround executives, enhancing the necessary compentencies for successful practice, to serve as a clearing house of information and research pertinent to the turnaround business, and promote the image of the association and turnaround executives as professionals committed to the highest standards of practice

What it reported doing in 2025

Conduct monthly meetings and annual conferences to achieve objectives

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 31
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: -8.7%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -4.5% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: 3.3% per year; rating input score 100; 35th percentile among comparable filings
  • Asset growth: -8.2% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 21 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 9 filing years from 2017 to 2025
  • Contacts: How to reach this organization
  • 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 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • High — Growth: Asset growth scored 0/100.