TechFoundation Inc (EIN 043547092) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Legal Domicile

Principal Officer

David Altshuler

Phone

6173547500

Tax Period

2024-01-01 to 2024-12-31

TechFoundation Inc is a small nonprofit in the Philanthropy & Grantmaking sector that reported $671K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $635K left a modest 5% surplus.

Mission

Deliver technology expertise and capital to help nonprofit organizations harness the power of information technology to serve humanity

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $650,000

Program Service Revenue $0

Investment Income $21,209

Other Revenue $0

TOTAL REVENUE $671,209

Expense Breakdown

Grants Paid $319,995

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $748,202

Other Expenses $314,770

TOTAL EXPENSES $634,765

Year-over-Year Comparison

	2024	2023	Change
Revenue	$671,209	$425,000	+0.6%
Expenses	$634,765	$425,549	+0.5%
Net Income	$36,444	$-549	-67.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN ALLAIN	Director	0.50	Director	$0	$0	$0
DAVID ALTSHULER	Chief Executive	1.00	Officer Director	$0	$0	$0
ALEXANDER WEBB	Director	0.50	Director	$0	$0	$0

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
2024	$671,209	$634,765	$3,682,439	$36,444
2023	$425,000	$425,549	$1,238,934	$-549
2022	$561,353	$380,856	$1,245,369	$180,497
2021	$975,000	$735,853	$1,061,832	$239,147
2020	$800,000	$712,514	$820,611	$87,486
2019	$300,000	$237,931	$734,305	$62,069
2018	$340,000	$276,771	$672,047	$63,229

TechFoundation Inc