Binghamton, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CENTER FOR TECHNOLOGY & INNOVATION INC, founded in 1994, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $83K in total revenue in fiscal year 2024. Revenue surged 137% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13K, a strong 15% operating margin.
To document and present in context the inventions and industrial innovations of New York's Southern Tier.
Collection Management: IBM and Link/L3/Lockheed Martin veterans keep Artifacts in Action in working order - especially IBM 1401 mainframe and GP Link General Aviation Trainers. Volunteers and...
Collection Management: IBM and Link/L3/Lockheed Martin veterans keep Artifacts in Action in working order - especially IBM 1401 mainframe and GP Link General Aviation Trainers. Volunteers and Binghamton University students are cataloging and organizing storage of artifacts and archives, including the collection of Harvey Roehl papers. Expenses are about equally divided between restoration costs, artifact purchase, and artifact transportation. These effort contribute to TechWorks! visitor experiences and add educational value to BU students work with Vintage IBM Computing Center (VICC) team, but do not represent an independent revenue stream.
Outreach/Events - TechWorks! co-hosts the annual Binghamton Bridge Pedal with Southern Tier Bicycle Club, Binghamton Metropolitan Transportation Study (BMTS) and Broome County Planning Department...
Outreach/Events - TechWorks! co-hosts the annual Binghamton Bridge Pedal with Southern Tier Bicycle Club, Binghamton Metropolitan Transportation Study (BMTS) and Broome County Planning Department. Provide parking for artists performing at BC Forum Theatre. Routine events at TechWorks! include group visits by schools, retiree groups, and professional societies; Python and Unity software classes for teens and adults; as well as lectures for Binghamton University (BU) Computer Science and History of Technology classes. New features at VICC include music played by IBM 1403 printer, new code enabling 1960s IBM System 360 printer to produce pre-digital selfies of visitors, and Pixel Place, with classic consoles for playing vintage video games. In the 10th year of BU-Watson Capstone collaboration, teams embarked on Phase I of Robotic arm/hand for Nintendo Power Glove and IBM 1441 - 1447 Interface projects. Quantities of gift copies of The Great Apollo Train Wreck (2024), Frank Hughes and Spinoff- A Personal History of the Industry that Changed the World (2001) Charles Spork were distributed to teachers and students.
TechWorks! Development - TechWorks! Next Gen Vision Statement drafted for review, including condition assessment of historic building being considered for galleries. Development of TechWorks! Next...
TechWorks! Development - TechWorks! Next Gen Vision Statement drafted for review, including condition assessment of historic building being considered for galleries. Development of TechWorks! Next Gen galleries depend on successful fundraising efforts. This is not yet a revenue generating activity.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $83,263 | $35,089 | +1.4% |
| Expenses | $70,567 | $88,986 | -0.2% |
| Net Income | $12,696 | $-53,897 | -1.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Susan Sherwood | Executive Director | 25 |
Officer
|
$11,099 | $0 | $11,099 |
| Erik Antonsson | Board Member | 0.5 |
Officer
|
$0 | $0 | $0 |
| Frank Cardullo | Board Member | 0.5 |
Officer
|
$0 | $0 | $0 |
| Farouk El-baz | Board Member | 0.5 |
Officer
|
$0 | $0 | $0 |
| Frank Hughes | Board Member | 0.5 |
Officer
|
$0 | $0 | $0 |
| Kenneth Mansfield | Board Member | 0.5 |
Officer
|
$0 | $0 | $0 |
| Emily V Wade | Board Member | 0.5 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $83,263 | $70,567 | $1,336,632 | $12,696 |
| 2023 | $35,089 | $88,986 | $1,374,472 | $-53,897 |
| 2022 | $125,172 | $83,162 | $1,426,076 | $42,010 |
| 2021 | $172,633 | $76,205 | $1,389,279 | $96,428 |
| 2020 | $82,978 | $53,167 | $1,279,365 | $29,811 |
| 2020 | $82,978 | $53,167 | $1,279,365 | $29,811 |
Compare CENTER FOR TECHNOLOGY & INNOVATION INC with other nonprofits in New York and across the country.