Nonprofit · EIN 66-0976735
TSG FOUNDATION INC
Tax-exempt · ST THOMAS, VI 00802
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $7,268 | $29,325 | -$22,057 | $10,218 | $11,296 | -$1,078 |
| December 31, 2023 | 990 | $125 | $4,266 | -$4,141 | $32,275 | $11,296 | $20,979 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $7,182
- Investment income
- $86
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $29,325
Balance sheet and other
- Total assets, start of year
- $32,275
- Total assets, end of year
- $10,218
- Total liabilities, end of year
- $11,296
- Net assets, end of year
- -$1,078
- Net assets without donor restrictions
- -$1,078
- Gross receipts
- $7,268
- Employees
- 0
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN ENGERMAN | PRESIDENT Trustee or director | – | $0 |
| SHENEL MOOREHEAD TUTEIN | VICE-PRESIDE Officer | – | $0 |
| CHARMAINE DUNCAN | SECRETARY Officer | – | $0 |
| STEPHANIE MCKINNERNEY | TREASURER Officer | – | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN ENGERMAN | PRESIDENT Trustee or director | – | $0 |
| SHENEL MOOREHEAD TUTEIN | VICE-PRESIDE Officer | – | $0 |
| CHARMAINE DUNCAN | SECRETARY Officer | – | $0 |
| STEPHANIE MCKINNERNEY | TREASURER Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 9160 ESTATE THOMAS 165, ST THOMAS, VI 00802-3641
- Principal officer (990 for 2024)
- JOHN ENGERMAN
- Signed the 990
- JOHN ENGERMAN, PRESIDENT
- Phone
- (340) 776-0640
- Return prepared by
- STRATEGY GROUP VI
Mission
TSG FOUNDATION IS COMMITTED TO SUPPORTING VITAL COMMUNITY ORGANIZATIONS THAT EDUCATE, EMPOWER, AND ENLIGHTEN THE PEOPLE OF OUR TERRITORY AND ALSO SUPPORTS ITS EMPLOYEES AS THEY CONTINUE TO MAKE A MEANINGFUL AND POSITIVE IMPACT ON THE USVI COMMUNITY.
Program accomplishments
- COMMUNITY ENDEAVORS TO SPONSOR OTHER NON PROFITS.Expenses $29,325
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 66-0976735
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Public and societal benefit (W12)
- Assets (IRS master file)
- $10,218
- Income (IRS master file)
- $7,268
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $7,268 | $29,325 | $10,218 | IRS |
| 990 | December 2023 | $125 | $4,266 | $32,275 | XML |
| 990 | December 2022 | $58,669 | $41,718 | $36,416 | IRS |
| 990 | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 66-0976735).
Questions about TSG FOUNDATION INC
- What is the EIN of TSG FOUNDATION INC?
- The employer identification number (EIN) of TSG FOUNDATION INC is 66-0976735.
- Is TSG FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to TSG FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TSG FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of TSG FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TSG FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of TSG FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names JOHN ENGERMAN.
- Who are the officers and directors of TSG FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does TSG FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $7,268, expenses of $29,325 and total assets of $10,218 at year end.
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All nonprofits in ST THOMAS · U.S. Virgin Islands · Public and societal benefit