Tsbs Inc

Organization Overview

Tsbs Inc is located in Baton Rouge, LA. The organization was established in 1981. As of 08/2022, Tsbs Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tsbs Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2023, Tsbs Inc generated $2.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $2.2m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TSBS IS AN EDUCATIONAL INSTITUTION FOR THE BANKING INDUSTRY PROVIDING CLASSROOM TRAINING TO BANKING INDUSTRY PERSONNEL IN A WIDE VARIETY OF FINANCIAL RELATED MATTERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING CLASSROOM TRAINING IN AREAS OF INTEREST TO INDIVIDUALS EMPLOYED IN THE BANKING INDUSTRY AND OTHER FINANCIAL INSTITUTIONS. INCLUDED IN THIS ACTIVITY IS THE DEVELOPMENT OF NEW COURSES FOR AN EVER CHANGING INDUSTRY.


PROVIDING CLASSROOM TRAINING IN AREAS OF INTEREST TO INDIVIDUALS EMPLOYED IN THE BANKING INDUSTRY AND OTHER FINANCIAL INSTITUTIONS. INCLUDED IN THIS ACTIVITY IS THE DEVELOPMENT OF NEW COURSES FOR AN EVER CHANGING INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
John Naughton
Executive Director
$215,725
Joseph D Hudgins
President
$15,000
Michael Allen
President
$12,000
Scott E Latham
Chairman
$0
Colin Barrett
Chairman
$0
Stephen David
President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Don Woodland
Consulting
$116,275
Michael Highfield
Consulting
$123,921
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,408,786
Investment income $165,411
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$118,097
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,456,850

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