everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

The Tower Groups Inc

Memphis, TN / EIN 62-1410150 / Form 990-EZ / latest filing 2022
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201146,80656,767−9,9615.2
201252,77762,358−9,5812.9
201352,90354,864−1,9612.9
201448,07947,8712083.4
201553,26147,5935,6684.6
201650,27459,485−9,2111.8
201714,55520,958−6,4031.5
201811,5397,9553,5849.3
20199,95510,385−4306.6
202036,75929,1837,5765.5
202118,72623,092−4,3664.7
202227,95226,5151,4374.7

In its most recent public year (2022), this organization brought in $1,437 more than it spent. Its reserves stood at about 4.7 months of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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