BROOKLYN TECH ALUMNI FOUNDATION INC

EIN: 112739496 501(c)(3) Education

BROOKLYN, NY

Total Revenue
$2,337,012
Total Expenses
$1,985,957
Total Assets
$18,573,201
Net Assets
$18,436,236
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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NY
Principal Officer
DAVID LEE
Phone
7187972285
Tax Period
2024-07-01 to 2025-06-30

BROOKLYN TECH ALUMNI FOUNDATION INC, founded in 1984, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $351K, a strong 15% operating margin.

Mission

THE MISSION OF THE ALUMNI FOUNDATION IS TO SUPPORT BROOKLYN TECHNICAL HIGH SCHOOL'S CONTINUED EDUCATIONAL EXCELLENCE AND NATIONAL LEADERSHIP AS A SPECIALIZED HIGH SCHOOL IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) BASED EDUCATION. THE FOUNDATION SEEKS TO ENGAGE ALL TECH ALUMNI AND SUPPORTERS IN PROVIDING INTELLECTUAL AND FINANCIAL RESOURCES TO ENSURE THE DEVELOPMENT OF THE NEXT GENERATION OF FUTURE LEADERS. WE SUPPORT CURRICULUM AND FACILITIES ENHANCEMENTS, FACULTY SUPPORT AND DEVELOPMENT AND TRANSFORMATIONAL LEARNING EXPERIENCES FOR STUDENTS. WE RECONNECT AND ENGAGE ALUMNI TO SUPPORT OUR EDUCATIONAL PROGRAMS AND CREATE AND SUSTAIN PARTNERSHIPS WITH CORPORATIONS, UNIVERSITIES AND INDUSTRY TO BENEFIT BROOKLYN TECH. WE CELEBRATE OUR HISTORY AND STRATEGICALLY PARTNER WITH BROOKLYN TECH TO SUSTAIN OUR LEGACY OF EXCELLENCE.

Program Service Accomplishments

Program 1
Expenses: $614,589 Revenue: $7,937

1. JEFFREY M. HAITKIN '62 FACULTY GRANTS PROGRAM PROVIDING OVER $3 MILLION IN MORE THAN 1,200 GRANTS SINCE ITS INCEPTION, IN SUPPORT OF INNOVATIVE INSTRUCTION, SPECIALIZED TRAINING, PROFESSIONAL...

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1. JEFFREY M. HAITKIN '62 FACULTY GRANTS PROGRAM PROVIDING OVER $3 MILLION IN MORE THAN 1,200 GRANTS SINCE ITS INCEPTION, IN SUPPORT OF INNOVATIVE INSTRUCTION, SPECIALIZED TRAINING, PROFESSIONAL DEVELOPMENT, AND ENHANCED EDUCATIONAL EXPERIENCES. THE PROGRAM IS A PARTNERSHIP WITH THE SCHOOL ADMINISTRATION AND THE PARENT ASSOCIATION. 93 APPLICATIONS WERE RECEIVED, AND 75 GRANTS TOTALING $158,450 WERE DISBURSED IN FY25. FUNDING SOURCES INCLUDE TEMPORARY AND PERMANENTLY RESTRICTED FUNDS.2. THE BROOKLYN TECH FUTURE WORLD VISION STEM PATHWAYS CONSORTIUM A GROUND-BREAKING INITIATIVE PAIRING BROOKLYN TECH WITH SEVEN BROOKLYN MIDDLE SCHOOLS TO UTILIZE THE AMERICAN SOCIETY OF CIVIL ENGINEERS' FUTURE WORLD VISION PROJECT TO INSPIRE STUDENTS TO PURSUE A STEM EDUCATION AND RELATED CAREERS. EACH OF THE MIDDLE SCHOOLS HAS A STEM CHAMPION TEACHER AND AN ALGEBRA INITIATIVE TEACHER WHO WORK WITH BROOKLYN TECH STEM LEADER TEACHERS AND A MATH COACH. THE TOTAL POPULATION OF THE CONSORTIUM SCHOOLS IS 2,310 STUDENTS WITH AT LEAST 70% OF EACH MIDDLE SCHOOL'S POPULATION BEING AFRICAN AMERICAN OR HISPANIC/LATINX. AN ANNUAL DECEMBER CONSORTIUM MEETING AT BTHS IS HELD TO BRING TOGETHER STUDENTS, PARENTS AND FACULTY FROM EACH MIDDLE SCHOOL. 310 BROOKLYN TECH STUDENTS AND 15 BROOKLYN TECH FACULTY PARTICIPATE AS HOSTS AND LEADERS. THE PROGRAM CONSISTS OF AN OPENING SESSION, TOURS FOR STUDENTS AND PARENTS, A PARENT SESSION, STEM ACADEMY WORKSHOPS, AND A CLOSING SESSION. AN ANNUAL MAY CONSORTIUM CONFERENCE AT BTHS TO LOOK BACK AT THE YEAR, SHARE STUDENT WORK AND LOOK TO THE NEXT YEAR. THE OPENING SESSION INCLUDES A WELCOME FROM A LEADER OF THE AMERICAN SOCIETY OF CIVIL ENGINEERS. SHSAT PREP - EACH SCHOOL IS ENCOURAGED TO OFFER AN SHSAT PREP COURSE. DURING FY2025 THE ALUMNI FOUNDATION SPONSORED AN SHSAT PREP SCHOLARSHIP PROGRAM ATTENDED BY 33 STUDENTS FROM THE CONSORTIUM MIDDLE SCHOOLS. ADDITIONALLY, A MATH COMPETITION TOOK PLACE AT BROOKLYN TECH AND 75 MIDDLE SCHOOL STUDENTS ATTENDED. 3. LEANDRO RIZZUTO '56 INTERNSHIP PROGRAMS PROVIDING INTERNSHIP AND VOLUNTEER OPPORTUNITIES TO HUNDREDS OF STUDENTS EACH YEAR. WE WORK WITH THE SCHOOL WORK BASED LEARNING DIRECTOR TO HELP PROVIDE OVER 300 INTERNSHIP EXPERIENCES ANNUALLY. OUR BROOKLYN TECH/ CON EDISON INTERNSHIP PROGRAM IS A MODEL. IT PROVIDES A COHORT OF BROOKLYN TECH RISING SENIORS AN EXCEPTIONAL SUMMER INTERNSHIP EXPERIENCE. LAST SUMMER, 12 INTERNS PARTICIPATED IN THE PROGRAM. 4. ANNUAL ENGINEERS' WEEK: WEEK OF EVENTS CENTERED ON ENGINEERING AND INVOLVES PROFESSIONALS AND ALUMNI. THIS PROGRAM IS POSSIBLE THROUGH OUR PARTNERSHIP WITH BROOKLYN TECH'S CHAPTER OF THE NATIONAL SOCIETY OF BLACK ENGINEERS (NSBE).5. MATERIALS TESTING LAB: WE HAVE REPURPOSED AN OLD SHOP INTO A STATE-OF-THE-ART MATERIAL TESTING LAB TO BE USED MOSTLY BY THE CIVIL ENGINEERING STUDENTS. OTHER STUDENTS USING THE LAB WILL BE FROM ARCHITECTURE, PHYSICS AND INDUSTRIAL DESIGN. FURNITURE WAS INSTALLED AND WE HAVE NOW BEGUN TO ADD STATE-OF-THE-ART TESTING EQUIPMENT THAT MEETS UNIVERSITY AND INDUSTRY STANDARDS. A UNIVERSAL TESTING MACHINE HAS BEEN ADDED TO THE LAB AND THIS LAB IS IN CURRENT USE. 6. URBAN LAND INSTITUTE: PROVIDE INNOVATIVE PROJECTS FOR ECONOMICS CLASSES TO CREATE AN UNDERSTANDING OF URBAN DEVELOPMENT.7. THE THOMAS VOLPE '53 URBANGLASS INITIATIVE OFFERS BROOKLYN TECH STUDENTS MAJORING IN INDUSTRIAL DESIGN A 9-WEEK COURSE OF PRACTICAL HANDS-ON EXPERIENCE OF THE MANY DIFFERENT TECHNIQUES USING GLASS AS A DESIGN MEDIUM. CONCEIVED BY ALUMNUS THOMAS VOLPE '53, THE PROGRAM COMBINES THE TECHNOLOGY OF TECH WITH THE CREATIVITY OF BROOKLYN-BASED GLASS CENTER URBANGLASS, JUST A FEW BLOCKS AWAY FROM 29 FORT GREENE PLACE. A POSSIBLE THIRD COLLABORATION WITH NEARBY ST. FRANCIS COLLEGE'S ENTREPRENEURSHIP PROGRAM IS BEING CONSIDERED, INTRODUCING MARKETING AND BUSINESS ELEMENTS TO THE PROGRAM. 153 STUDENTS PARTICIPATED IN FY25.SCHOLARSHIPS/AWARDS: 55 SCHOLARSHIPS/SENIOR AWARDS TOTALING $98,000 WERE DISBURSED TO STUDENTS FOR FYE 6/30/2025.

Program 2
Expenses: $431,887

ALUMNI ENGAGEMENT PROGRAM: THIS PROGRAM FOSTERS TIES WITH ITS ALUMNI TO SUPPORT EDUCATIONAL PROGRAMS TO INCLUDE THE FOLLOWING:HOMECOMING: AN ANNUAL EVENT THAT HIGHLIGHTS BROOKLYN TECH'S EDUCATIONAL...

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ALUMNI ENGAGEMENT PROGRAM: THIS PROGRAM FOSTERS TIES WITH ITS ALUMNI TO SUPPORT EDUCATIONAL PROGRAMS TO INCLUDE THE FOLLOWING:HOMECOMING: AN ANNUAL EVENT THAT HIGHLIGHTS BROOKLYN TECH'S EDUCATIONAL PROGRAMS. IT INVOLVES APPROXIMATELY 500 STUDENTS AS WELL AS CURRENT AND RETIRED FACULTY. CAREER DAY: BROUGHT APPROXIMATELY 100 ALUMNI TO THE SCHOOL TO SPEAK TO A RANGE OF CLASSES CONCENTRATED IN THE 18 MAJOR AREAS. ADDITIONALLY A PANEL DISCUSSION WAS HELD AFTER SCHOOL. OVER 5000 STUDENTS BENEFIT FROM CAREER DAY; AS A RESULT OF THIS DAY, THERE ARE ALUMNI WHO HELP ESTABLISH INTERNSHIPS FOR STUDENTS AND VISITATION OPPORTUNITIES FOR FACULTY. THE IKE HELLER '43 CENTER FOR COMPUTER INTEGRATED MANUFACTURING AND ROBOTICS: A STATE-OF-THE ART FACILITY FOR STUDENT LEARNING, PROFESSIONAL DEVELOPMENT AND CAREER PREPARATION. THE CENTER HAS UNDERGONE A NUMBER OF ITERATIONS TO MAKE CUTTING EDGE TECHNOLOGY AVAILABLE TO BOTH STUDENTS AND TEACHERS. IT PROVIDES STUDENTS AND FACULTY WITH A HIGH TECH, LEARNING ENVIRONMENT THAT MEETS UNIVERSITY AND INDUSTRY STANDARDS. IN THE CENTER, STUDENTS IN THE ELECTRICAL ENGINEERING, MECHATRONICS, AND ROBOTICS CLASSES CONVERT COMPUTER-ASSISTED DESIGNS INTO THREE-DIMENSIONAL PROTOTYPES USING 3D PRINTERS AND UTILIZE CNC MACHINES TO MANUFACTURE THE PARTS.RECENT ALUMNI DAY: ALUMNI WHO HAVE GRADUATED DURING THE LAST FIVE YEARS, COME BACK TO TECH TO MEET WITH CLASSES. THEY DISCUSS COLLEGE LIFE, CAREER PATHWAYS AND OTHER POST-SECONDARY OPPORTUNITIES. THEY ALSO DISCUSS HOW TECH PREPARED THEM FOR COLLEGE. THE PROGRAM ATTENDED BY CLOSE TO 300 ALUMNI.

Program 3
Expenses: $238,285

THE WESTON RESEARCH SCHOLARS PROGRAM (WRSP): THIS PROGRAM IS DESIGNED TO PROVIDE STUDENTS WITH A THREE-YEAR OPPORTUNITY TO PARTICIPATE IN THE CREATION OF RESEARCH PROJECTS. THE WRSP BUILDS ON...

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THE WESTON RESEARCH SCHOLARS PROGRAM (WRSP): THIS PROGRAM IS DESIGNED TO PROVIDE STUDENTS WITH A THREE-YEAR OPPORTUNITY TO PARTICIPATE IN THE CREATION OF RESEARCH PROJECTS. THE WRSP BUILDS ON BROOKLYN TECH'S STRONG STEM-BASED CURRICULUM, THE EXCEPTIONAL TALENTS OF BROOKLYN TECH FACULTY AND STUDENTS, AND THE TREMENDOUS RESEARCH OPPORTUNITIES AT NYC COLLEGES, UNIVERSITIES AND RESEARCH FACILITIES. THE PROGRAM IS UNIQUE IN ITS STRUCTURE, INCORPORATING AN INTERNAL MENTOR MODEL CONSISTING OF BROOKLYN TECH TEACHERS WITH RESEARCH EXPERIENCE, STUDENT RESEARCH TEAMS, ONGOING ACTIVITIES THROUGH THE ACADEMIC YEAR AND SUMMER, AND EXTERNAL MENTORS AT MULTIPLE COLLEGES, UNIVERSITIES AND RESEARCH FACILITIES. THE STUDENTS WHO PARTICIPATE IN THIS PROGRAM DEVELOP PROJECTS THAT ARE WORTHY OF SUBMISSION TO THE REGENERON SCIENCE TALENT SEARCH, REGENERON SCIENCE AND ENGINEERING FAIR, THE GOOGLE SCIENCE FAIR, ACT-SO. APPROXIMATELY 112 STUDENTS ARE ENROLLED WITH FIVE TEACHERS SERVING AS MENTORS.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,522,978
Program Service Revenue $0
Investment Income $820,785
Other Revenue $-6,751
TOTAL REVENUE $2,337,012

Expense Breakdown

Grants Paid $256,450
Salaries & Benefits $782,544
Fundraising Expenses $150,504
Program Expenses $1,284,761
Other Expenses $946,963
TOTAL EXPENSES $1,985,957

Year-over-Year Comparison

2024 2023 Change
Revenue $2,337,012 $2,063,369 +0.1%
Expenses $1,985,957 $2,048,022 0.0%
Net Income $351,055 $15,347 +21.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
21
Employees
8
Volunteers
416

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
7
$177,402
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENICE CLARKE WARE PRESIDENT 4.00
Officer Director
$0 $0 $0
ANTHONY P SCHIRRIPA VICE PRESIDENT 4.00
Officer Director
$0 $0 $0
BOLA OYEDIJO VICE PRESIDENT 4.00
Officer Director
$0 $0 $0
DAVID LEE VICE PRESIDENT 4.00
Officer Director
$0 $0 $0
JAMES DIBENEDETTO TREASURER 4.00
Officer Director
$0 $0 $0
PENELOPE KOKKINIDES SECRETARY 1.00
Director
$0 $0 $0
NED STEELE OUTGOING SECRETARY (10/2024) 4.00
Officer Director
$0 $0 $0
ACHILLES PERRY MEMBER 1.00
Director
$0 $0 $0
AMY KONG MEMBER 1.00
Director
$0 $0 $0
DANIEL D MILLER MEMBER 3.00
Director
$0 $0 $0
DEEPTI SHARMA MEMBER 1.00
Director
$0 $0 $0
EDWARD LAGRASSA MEMBER 1.00
Director
$0 $0 $0
GISELLE WILLIAMS MEMBER 1.00
Director
$0 $0 $0
HORACE H DAVIS MEMBER 1.00
Director
$0 $0 $0
JOHN ALBERT MEMBER 1.00
Director
$0 $0 $0
LESLEIGH IRISH-UNDERWOOD MEMBER 1.00
Director
$0 $0 $0
MARGARET MURPHY MEMBER 1.00
Director
$0 $0 $0
MICHAEL WEISS MEMBER 1.00
Director
$0 $0 $0
TATIA MAYS RUSSELL MEMBER 2.00
Director
$0 $0 $0
TOMAS HERNANDEZ MEMBER 1.00
Director
$0 $0 $0
VALMIRA POPINARA MEMBER 1.00
Director
$0 $0 $0
WILTON CEDENO MEMBER 1.00
Director
$0 $0 $0
COURTNEY ULRICH EXECUTIVE DIRECTOR 40.00
Officer
$149,271 $28,131 $177,402
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
2025 $2,337,012 $1,985,957 $18,573,201 $351,055
2024 $2,063,369 $2,048,022 $17,247,320 $15,347
2023 $2,007,100 $2,162,067 $16,020,857 $-154,967
2022 $2,437,316 $1,710,450 $15,030,868 $726,866
2021 $1,164,272 $1,277,752 $16,646,471 $-113,480
2020 $1,364,232 $1,449,191 $14,252,560 $-84,959
2019 $2,409,645 $1,988,764 $14,406,190 $420,881
2018 $1,945,474 $1,827,396 $14,218,130 $118,078
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