Nonprofit · EIN 87-3790349
TSM TRAINING INSTITUTE INC
Tax-exempt · LAWRENCE, MA 01843
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $288,531 | $389,633 | -$101,102 | $16,297 | $142,183 | -$125,886 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $288,531
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $203,324
- Salaries, compensation and benefits (total)
- $210,415
- Professional fundraising fees
- $0
- Legal fees
- $11,179
- Accounting fees
- $5,414
- Occupancy
- $34,897
- Travel
- $6,112
- Program services (functional)
- $389,633
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $16,297
- Total liabilities, end of year
- $142,183
- Net assets, end of year
- -$125,886
- Net assets without donor restrictions
- -$125,886
- Gross receipts
- $288,531
- Employees
- 0
- Year formed
- 2021
- State of legal domicile
- MA
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 |
|---|---|---|---|
| TERIKA SMITH | PRESIDENT Officer | 75 | $0 |
Address and contacts
- Address (IRS master file)
- 29 S CANAL ST, LAWRENCE, MA 01843-1403
- In care of
- % TERIKA SMITH
- Principal officer (990 for 2024)
- TERIKA SMITH, 29 S Canal St, Lawrence, MA 01843
- Signed the 990
- TERIKA SMITH, PRESIDENT
- Return prepared by
- Weaver & Associates LLC
Mission
The vision of the TSM Training Institute is to become the leading alternative education training center in New England and beyond. By providing skills and knowledge necessary to obtain living wage jobs in a variety of career paths and by partnering with local employers, governmen
Program accomplishments
- Affordable Training in low income areasExpenses $389,633 · revenue $288,531
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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
- 87-3790349
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B30)
- Assets (IRS master file)
- $16,297
- Income (IRS master file)
- $288,531
Filing history
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about TSM TRAINING INSTITUTE INC
- What is the EIN of TSM TRAINING INSTITUTE INC?
- The employer identification number (EIN) of TSM TRAINING INSTITUTE INC is 87-3790349.
- Is TSM TRAINING INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to TSM TRAINING INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TSM TRAINING INSTITUTE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TSM TRAINING INSTITUTE 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 TSM TRAINING INSTITUTE 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 TSM TRAINING INSTITUTE INC?
- The 990 for the year ended December 31, 2024 names TERIKA SMITH.
- Who are the officers and directors of TSM TRAINING INSTITUTE INC?
- The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does TSM TRAINING INSTITUTE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $288,531, expenses of $389,633 and total assets of $16,297 at year end.
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