MASSACHUSETTS TECHNOLOGY LEADERSHIP COUNCIL EDUCATION FOUNDATION INC

EIN: 043345035 501(c)(3) Philanthropy & Grantmaking

LEXINGTON, MA

Total Revenue
$42,381
Total Expenses
$42,039
Total Assets
$81,737
Net Assets
$76,637
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
MA
Principal Officer
KATHRYN MCLEOD
Phone
7819939000
Tax Period
2021-01-01 to 2021-12-31

MASSACHUSETTS TECHNOLOGY LEADERSHIP COUNCIL EDUCATION FOUNDATION INC, founded in 1996, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $42K in total revenue in fiscal year 2021. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

THE MASSTLC EDUCATION FOUNDATION (ED FOUNDATION), A 501(C)3 FOUNDED IN 1996, EMBRACES A MISSION TO SUPPORT AND PROMOTE COMPUTER SCIENCE EDUCATION. AS A WORLD-CLASS CENTER OF EXCELLENCE IN EDUCATION, HIGH TECH, BIOTECH, HEALTHCARE AND FINANCE. MASSACHUSETTS IS HEAVILY DEPENDENT ON THE STATE'S CAPACITY TO GENERATE COMPUTING TALENT CAPABLE OF DRIVING INNOVATION. THE ED FOUNDATION SEEKS TO BUILD A COMPUTER SCIENCE TALENT PIPELINE TO ADDRESS THAT NEED AS WELL AS TO COUNTERACT THE CONTINUED GROWTH OF WAGE AND EMPLOYMENT INEQUALITY. THE ED FOUNDATION FOCUSES ON CS EDUCATION FOR ALL K-12 AND BEYOND.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $42,381
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $42,381

Expense Breakdown

Grants Paid $0
Salaries & Benefits $36,380
Fundraising Expenses $0
Other Expenses $5,659
TOTAL EXPENSES $42,039

Year-over-Year Comparison

2021 2020 Change
Revenue $42,381 $54,204 -0.2%
Expenses $42,039 $49,321 -0.1%
Net Income $342 $4,883 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$302,000
Total Directors
6
$402,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW LITTLEWOOD TREASURER 1.00
Officer Director
$0 $0 $0
TOM HOPCROFT PRESIDENT 0.00
Officer Director
$170,000 $0 $170,000
LYNN BAILEY DIRECTOR 1.00
Director
$0 $0 $0
SARA FRAIM EXECUTIVE DIRECTOR 0.50
Director
$100,000 $0 $100,000
HEATHER DANFORTH DIRECTOR 1.00
Director
$0 $0 $0
KATHRYN MCLEOD VICE PRESIDENT 0.50
Officer Director
$132,000 $0 $132,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $42,381 $42,039 $81,737 $342
2020 $54,204 $49,321 $83,491 $4,883
2019 $82,776 $62,417 $79,553 $20,359
2018 $141,471 $149,567 $74,878 $-8,096
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MASSACHUSETTS TECHNOLOGY LEADERSHIP COUNCIL EDUCATION FOUNDATION INC with other nonprofits in Massachusetts and across the country.