TECHSCALE

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

SIOFRA HARNETT

Phone

4084666111

Tax Period

2023-01-01 to 2023-12-31

TECHSCALE, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $133K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $254K exceeded revenue, resulting in a 90% operating deficit.

Mission

TECH:SCALE HELPS DIVERSE SUPPLIERS BECOME STRATEGIC SUPPLY CHAIN PARTNERS TO THE TECHNOLOGY INDUSTRY.

Program Service Accomplishments

Program 1

Expenses: $159,170

EVENTS - WE ADVERTISE AT ALL NATIONAL SUPPLIER DIVERSITY CONFERENCES BY PURCHASING EXHIBIT SPACE THAT ALL TECH:SCALE MEMBERS CAN UTILIZE TO MEET WITH PROSPECTIVE DIVERSE SUPPLIERS. SOME TECH:SCALE...

EVENTS - WE ADVERTISE AT ALL NATIONAL SUPPLIER DIVERSITY CONFERENCES BY PURCHASING EXHIBIT SPACE THAT ALL TECH:SCALE MEMBERS CAN UTILIZE TO MEET WITH PROSPECTIVE DIVERSE SUPPLIERS. SOME TECH:SCALE MEMBERS DO NOT HAVE THE FUNDS TO PAY FOR AN EXHIBIT SPACE.NETWORKING EVENTS - TECH:SCALE HOSTS NETWORKING EVENTS AT ALL NATIONAL SUPPLIER DIVERSITY CONFERENCES. WE INVITE DIVERSE SUPPLIERS TO MEET WITH TECH:SCALE MEMBERS TO DISCUSS THEIR CAPABILITIES AND FUTURE PROCUREMENT OPPORTUNITIES.QUARTERLY MEMBER MEETINGS - WE HOLD OUR QUARTERLY MEETING AT NATIONAL SUPPLIER DIVERSITY EVENTS TO MAXIMIZE MEMBER ATTENDANCE. WE PROVIDE FINANCIAL AND MEMBER UPDATES AND SOLICIT FEEDBACK FROM MEMBERS REGARDING WHAT NEW PROGRAMS THEY WOULD LIKE TECH:SCALE TO IMPLEMENT.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $133,300

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $133,301

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $35,155

Program Expenses $159,170

Other Expenses $253,855

TOTAL EXPENSES $253,855

Year-over-Year Comparison

	2023	2022	Change
Revenue	$133,301	$195,501	-0.3%
Expenses	$253,855	$205,059	+0.2%
Net Income	$-120,554	$-9,558	+11.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

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
SIOFRA HARTNETT	PRESIDENT	10.00	Officer Director	$0	$0	$0
JASON TRIMIEW	VP OF PROGRAMS	10.00	Officer Director	$0	$0	$0
DARRETTA WHITFIELD	VP OF ADMINISTRATION	10.00	Officer Director	$0	$0	$0
SALVADOR PEINADO JR	VP OF FINANCE	10.00	Officer Director	$0	$0	$0
KRISTIN MALEK	VP OF OPERATIONS	10.00	Officer 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
2023	$133,301	$253,855	$520,437	$-120,554
2022	$195,501	$205,059	$640,991	$-9,558
2021	$391,564	$116,509	$680,549	$275,055
2020	$277,154	$107,254	$378,296	$169,900
2018	$250,990	$239,131	$109,486	$11,859