WHAT IS TVIB HIDING ?

Towing Vessel Inspection
Bureau
CONTENTS
EIN: 27-1561296
Report Generated on: 11/23/2018 Executive Summary 2
Programs & Results 4
Financial Review 5
Operations & Leadership 7
APPENDIX
Key Documents 12
Charity Check Report 13
GUIDESTAR PRO REPORT

November 23, 2018 www.guidestar.org Towing Vessel Inspection Bureau
2 GUIDESTAR PRO REPORT for Towing Vessel Inspection Bureau | EIN: 27-1561296 | Report Generated: 11 / 23 / 2018 © 2018 GuideStar. All rights reserved.
Towing Vessel Inspection Bureau
CHANNELVIEW, TX
 WWW.THETVIB.ORG
 8323234175
MISSION
THE MISSION IS TO TRAIN AND CERTIFY MEMBERS IN THE
BEST MANNER AVAILABLE TO CONDUCT VARIOUS TYPES OF
MARINE RELATED INSPECTIONS AND AUDITS OF MARINE
SAFETY MANAGEMENT SYSTEMS.
EIN
27-1561296
NUMBER
2290528051
RULING YEAR
2014
IRS SUBSECTION
501(c)(6) Business Leagues, etc.
MAIN ADDRESS
15201 EAST FWY STE 213
CHANNELVIEW, TX
77530
AFFILIATION TYPE
Independent Organization
CONTACT
Not Available
PRINCIPAL OFFICER
CHRIS PARSONAGE
CAUSE AREAS
Professional Societies,
Associations (Y03)
NAICS CODE
813920 Professional
Organizations
SIC CODE
8621 PROFESSIONAL
ORGANIZATIONS

PROGRAMS
1. THE MISSION IS TO TRAIN AND CERTIFY MEMBERS IN THE BEST MANNER
AVAILABLE TO CONDUCT VARIOUS TYPES OF MARINE RELATED INSPECTIONS
AND AUDITS OF MARINE SAFETY MANAGEMENT SYSTEMS.
COMPLIANCE
 IRS Pub 78 Not Verified as of November 2018
 A-133 Audit Required/Performed?
 Conflict of Interest Policy
 Written whistleblower policy
ALERTS
This organization (EIN 27-1561296) does not meet IRS criteria for
appearing in Publication 78.
There are many reasons why an organization may not appear. Go
to the Scope of IRS Publication 78 for more details.
TRANSPARENCY MEASURES
 Board Practices Reported?
 Diversity Data Reported?
23 Number of Independent Board Members

Programs & Results
PROGRAMS
Data Source: IRS Form 990, Fiscal Year Ending 2016
First Program
Revenue: $308,646
Expenses: $284,033
THE MISSION IS TO TRAIN AND CERTIFY MEMBERS IN THE BEST MANNER
AVAILABLE TO CONDUCT VARIOUS TYPES OF MARINE RELATED
INSPECTIONS AND AUDITS OF MARINE SAFETY MANAGEMENT SYSTEMS.

FinancialsFISCAL YEAR START: 01/01
FISCAL YEAR END: 12/31
Financial Trends Analysis
Business Model Indicators
Created in Partnership with
Profitability 2014 2015 2016
Unrestricted surplus (deficit) before depreciation $65,982 -$22,785 -$46,990
As a % of expenses 23.9% -7.2% -13.2%
Unrestricted surplus (deficit) after depreciation $64,200 -$24,783 -$48,642
As a % of expenses 23.1% -7.8% -13.6%
Revenue Composition
Total revenue (unrestricted & restricted) $341,675 $292,344 $308,424
Total revenue, % change over prior year 0.0% -14.4% 5.5%
Program services revenue 99.7% 99.9% 100.1%
Membership dues 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0%
All other grants and contributions 0.3% 0.0% 0.0%
Other revenue 0.0% 0.1% -0.1%
Expense Composition
Total expenses before depreciation $275,693 $315,129 $355,414
Total expenses, % change over prior year 0.0% 14.3% 12.8%
Personnel 23.7% 31.9% 27.5%
Professional Fees 51.8% 43.0% 45.2%
Occupancy 5.5% 4.8% 0.0%
Interest 0.0% 0.0% 0.0%
Pass-Through 0.0% 0.0% 0.0%
All other expenses 19.1% 20.3% 27.3%

Financial Trends Analysis, continued
Moving Toward Full Cost Coverage
Full Cost Components (estimated) 2014 2015 2016
Total Expenses (after depreciation) $277,475 $317,127 $357,066
One Month of Savings $22,974 $26,261 $29,618
Debt Principal Repayment $0 $0 $0
Fixed Asset Additions $6,820 $0 $0
Total Full Costs (estimated) $307,269 $343,388 $386,684
Capital Structure Indicators
Liquidity
Months of cash 4.6 3.2 1.0
Months of cash and investments 4.6 3.2 1.0
Months of estimated liquid unrestricted net assets 4.6 3.1 1.2
Balance Sheet Composition
Cash $105,515 $84,635 $30,633
Investments $0 $0 $0
Receivables $0 $0 $39,057
Gross land, buildings, and equipment (LBE) $6,820 $6,635 $6,298
Accumulated depreciation (% of LBE) 26.1% 44.5% 66.3%
Liabilities (as % of assets) 1.9% 5.2% 86.7%
Unrestricted net assets $109,635 $84,852 $36,210
Temporarily restricted net assets $0 $0 $0
Permanently restricted net assets $0 $0 $0
Total net assets $109,635 $84,852 $36,210
Key Data Checks
Material Data Errors 2014 2015 2016
No No No
Note: This issue is relevant to a small number of organizations: The nonprofit subject(s) of this report may have affiliates. The Form 990 data may not
include information about any or all potential affiliates. If an organization does have affiliates and these affiliates have substantial financial activity, the
financial data in this report may not present a comprehensive picture of the nonprofit’s financial condition.Please consult the 990s of any potentially
related affiliates for additional information.
 Formulas for key metrics

Operations
Source: IRS Form 990, Fiscal Year Ending 2016
PRINCIPAL OFFICER
CHRIS PARSONAGE
NUMBER OF EMPLOYEES
Source: IRS Form 990, Fiscal Year Ending 2016

OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES
FISCAL YEAR 2016
Name Title Compensation Other Related
TAVA S FORET BOARD MEMBER $0 $0 $0
TODD RUSHING BOARD MEMBER $0 $0 $0
BRENT NISSEN BOARD MEMBER $0 $0 $0
JIM HAWKINS BOARD MEMBER $0 $0 $0
JO ANN SALYERS BOARD MEMBER $0 $0 $0
HUGH MCCRORY BOARD MEMBER $0 $0 $0
MARK DULEY BOARD MEMBER $0 $0 $0
JEFFREY SLESINGER BOARD MEMBER $0 $0 $0
RON CORIGLIANO BOARD MEMBER $0 $0 $0
KIMBERLY HIDALGO BOARD MEMBER $0 $0 $0
STEPHEN BANET BOARD MEMBER $0 $0 $0
KATHARINE SWEENEY BOARD MEMBER $0 $0 $0
BOB ALDRICH BOARD MEMBER $0 $0 $0
TOM SMITH BOARD MEMBER $0 $0 $0
LEE NELSON PRESIDENT $0 $0 $0
ED SHEARER PAST PRESIDE $0 $0 $0
DAVID A FORET VICE PRESIDE $0 $0 $0
LEE NELSON II SECRETARY $0 $0 $0
JERRY TOROK TREASURER $0 $0 $0
HARRY STARK AT LARGE MEM $0 $0 $0
CATHY HAMMOND AT LARGE MEM $0 $0 $0
MIKE RUSHING RESOURCES CH $0 $0 $0
STEVEN BRUNSWICK ACCREDITATIO $0 $0 $0
CHRIS PARSONAGE EXECUTIVE DI $0 $0 $0

FISCAL YEAR 2015
TAVA S FORET BOARD MEMBER $0 $0 $0
DAVID A FORET ACCREDITATIO $0 $0 $0
BRENT COLLINS AUDITOR MEMB $0 $0 $0
JIM HAWKINS AUDITOR MEMB $0 $0 $0
JO ANN SALYERS AUDITOR MEMB $0 $0 $0
HUGH MCCRORY AUDITOR MEMB $0 $0 $0
STEVEN BRUNSWICK AUDITOR MEMB $0 $0 $0
MARK DULEY AUDITOR MEMB $0 $0 $0
JEFFREY SLESINGER AUDITOR MEMB $0 $0 $0
JERRY TOROK SUPPORT MEMB $0 $0 $0
RON CORIGLIANO SUPPORT MEMB $0 $0 $0
KIMBERLY HIDALGO SUPPORT MEMB $0 $0 $0
STEPHEN BANET SUPPORT MEMB $0 $0 $0
BOB ALDRICH SUPPORT MEMB $0 $0 $0
TOM SMITH SUPPORT MEMB $0 $0 $0
CATHY HAMMOND PAST PRESIDE $0 $0 $0
ED SHEARER PRESIDENT $0 $0 $0
G LEE NELSON II SECRETARY $0 $0 $0
TODD RUSHING TREASURER $0 $0 $0
HARRY STARK AUDITOR DELE $0 $0 $0
JEFF KEIFER SUPPORT DELE $0 $0 $0
LEE NELSON VICE PRESIDE $0 $0 $0
CHRIS PARSONAGE EXECUTIVE DI $0 $0 $0

FISCAL YEAR 2014
DAVID A FORET ACCREDITATIO $0 $0 $0
BRENT COLLINS AUDITOR MEMBER $0 $0 $0
JIM HAWKINS AUDITOR MEMBER $0 $0 $0
JO ANN SALYERS AUDITOR MEMBER $0 $0 $0
HUGH MCCRORY AUDITOR MEMBER $0 $0 $0
KEVIN MULLEN AUDITOR MEMBER $0 $0 $0
HARRY STARK AUDITOR MEMBER $0 $0 $0
DAVID HAMMOND AUDITOR MEMBER $0 $0 $0
JEFFREY SLESINGER AUDITOR MEMBER $0 $0 $0
JASON ADAMS SUPPORT MEMBER $0 $0 $0
RON CORIGLIANO SUPPORT MEMBER $0 $0 $0
KIMBERLY HIDALGO SUPPORT MEMBER $0 $0 $0
STEPHEN BANET SUPPORT MEMBER $0 $0 $0
JEFF KEIFER SUPPORT MEMBER $0 $0 $0
BOB ALDRICH SUPPORT MEMBER $0 $0 $0
LEE NELSON SUPPORT MEMBER $0 $0 $0
TOM SMITH SUPPORT MEMBER $0 $0 $0
CATHY HAMMOND PRESIDENT $0 $0 $0
ED SHEARER VICE PRESIDE $0 $0 $0
TAVA S FORET PAST PRESIDE $0 $0 $0
G LEE NELSON II SECRETARY $0 $0 $0
TODD RUSHING TREASURER $0 $0 $0

BOARD LEADERSHIP PRACTICES
GuideStar worked with BoardSource, the national leader in nonprofit board
leadership and governance, to create this section, which enables organizations and
donors to transparently share information about essential board leadership
practices.
BOARD ORIENTATION & EDUCATION
Does the board conduct a formal orientation for new board members and require all
board members to sign a written agreement regarding their roles, responsibilities,
and expectations?
Response not provided
CEO OVERSIGHT
Has the board conducted a formal, written assessment of the chief executive within
the past year?
ETHICS & TRANSPARENCY
Have the board and senior staff reviewed the conflict-of-interest policy and
completed and signed disclosure statements in the past year?
BOARD COMPOSITION
Does the board ensure an inclusive board member recruitment process that results
in diversity of thought and leadership?
BOARD PERFORMANCE
Has the board conducted a formal, written self-assessment of its performance within
the past three years?

Appendix
Key Documents
IRS Forms 990  2016 990
 2015 990
 2014 990
IRS Forms 990T Not Available
Audited Financial Statements Not Available
Key Organization Documents Not Available

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Towing Vessel Inspection Bureau
On September 8, 2011, the IRS issued regulations which eliminated the advance ruling process for a section 501(c)(3) organization. Learn more
IRS Revenue Procedure 2011-33 allows grantors to rely on third-party resources, such as GuideStar Charity Check, to obtain required Business Master File (BMF) data
concerning a potential grantee's public charity classification under section 509 (a) (1), (2) or (3).
GuideStar Charity Check Data Sources
GuideStar acquires all IRS data directly from the Internal Revenue Service.
IRS Publication 78 (Cumulative List of Organizations) lists organizations that have been recognized by the Internal Revenue Service as eligible to receive tax-deductible
contributions.
The IRS Internal Revenue Bulletin (IRB) lists changes in charitable status since the last Publication 78 release. Between the release of IRS Publication 78 and the
subsequent IRS Internal Revenue Bulletin, the IRB date will reflect the most recent release date of IRS Publication 78.
The IRS Business Master File lists approximately 1.7 million nonprofits registered with the IRS as tax-exempt organizations.
The IRS Automatic Revocation of Exemption List contains organizations that have had their federal tax-exempt status automatically revoked for failing to file an annual
return or notice with the IRS for three consecutive years.
The Foundation Status Code is a value derived by mapping the codes found on the 990PF filing instructions to the corresponding codes in the IRS BMF. Note that not all
codes are able to be mapped due to insufficient data.
The Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) list organizations that are owned or controlled by targeted individuals, groups, and
entities, such as terrorists or narcotics traffickers.Their assets are blocked and U.S. persons are generally prohibited from dealing with them.
GuideStar is the registered trademark and operating name of GuideStar USA, Inc., a 501(c)(3) nonprofit organization.
Copyright © 2018, GuideStar USA, Inc. All Rights Reserved.
Generated on November 23, 2018 at 12:27 PM EST
15201 East Fwy Ste 213 Foundation Status Code: NC
Channelview, TX 77530 Non-charity (not 501(c)(3))
IRS Publication 78 Details
This organization (EIN 27-1561296) does not meet IRS criteria for appearing in Publication 78.
There are many reasons why an organization may not appear. Go to the Scope of IRS Publication 78 for more details.
IRS Business Master File Details
Organization Name TOWING VESSEL INSPECTION BUREAU
EIN 27-1561296
Most Recent IRS BMF November 12 2018
IRS Subsection This organization is a 501(c)(6) Business Leagues, etc.
Reason for Non-Private Foundation Status Only applies to 501(c)(3) public charities
Ruling Date 09/2014
This organization was not included in the Office of Foreign Assets Control Specially Designated Nationals (SDN) list.

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