CSCharityScored
69

Towing Vessel Inspection Bureau

Mutual Benefit · Channelview, Texas

15201 East Fwy Ste 213, Channelview, TX 77530-4118

EIN: 271561296· Founded: Sep 2014· 12 years active· Filing Year: 2023

Annual Revenue

$1.2M

Total Expenses

$1.1M

Total Assets

$774K

Program Spending

107%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$288K

25.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$442K

Total Payroll

$730K

64% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 64%
Other overhead: -7%
Program Revenue$1.2M (99%)
Total Expenses$1.1M (93%)
Payroll$730K (64%)
Overhead (non-program)-7%

Trust Score Breakdown

Program Spending Ratio

107% of expenses go to programs

40%

Revenue & Stability

$1.2M annual revenue

15%

Executive Compensation

$288K total officer comp (25.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$774K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.