Tsm 14 Enterprise Corp
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Sch 0
- Income
- $560,566
- Spending
- $527,374
- Spent on programs
- 100%
- Reserves
- 0.8 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 56
- Highest pay
- $39,000, ceo-president
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 64 out of 100. Higher than 26% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.8 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 6% of income.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 26 out of 100. Higher than 6% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
0 of 250 of 2 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (7)
- $82,730 spent. TMSP identifies and supports students excelling in academics and athletics by providing financial aid, mentorship, and resources to help them achieve success both in the classroom and on the field.
- $80,000 spent. TMCPF supports Inspiring Young Minds IYM in helping bright, motivated students access top boarding schools nationwide by offering financial aid and resources that empower them to achieve their academic goals and dreams.
- $71,264 spent. Through the Terance Mann Complete Player Camp Clinic, TMCPF offers camps that build athletic skill, teamwork, discipline, and leadership helping young athletes grow through expert coaching, mentorship, and comprehensive player development. Addition, provide free and low-cost camps, clinics, and youth leagues.
- Program Service Expenses 1,544, Grants and allocations 51,214, Revenue 0 TMCPF supports the Saint Lucia Ministry of Sports and Basketball Federation by collaborating to grow and promote basketball, strengthen programs, and build a thriving basketball community across all levels in Saint Lucia.
- Program Service Expenses 184,004, Grants and allocations 74,547, Revenue 0 TMCPF operations and miscellaneous initiatives ensure effective program delivery, organizational growth, and community impact by managing logistics, partnerships, and special projects that advance the foundation mission and long-term sustainability.
- Program Service Expenses 8,215, Grants and allocations 53,214, Revenue 0 TMCPF philanthropy empowers youth through education, sports, and leadership while providing financial support to nonprofits. Through mentorship, scholarships, and community programs, TMCPF fosters excellence and a spirit of giving back.
- Program Service Expenses 99,617, Grants and allocations 101,139, Revenue 0 TMCPF community engagement focuses on uplifting youth and families through outreach, education, sports, and networking. By partnering with schools, nonprofits, and local leaders, TMCPF builds stronger, connected communities rooted in service and opportunity.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2022.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.