Friends of New Technology High Sch… - Form 990 Financial Data

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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

2010

Legal Domicile

Principal Officer

Harmony Plenty

Phone

7072598557

Tax Period

2023-07-01 to 2024-06-30

Friends of New Technology High School, founded in 2010, is a small nonprofit in the Education sector that reported $323K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $313K left a modest 3% surplus.

Mission

To raise funds and community support for New Technology High School to enhance the school's educational experience and project learning program.

Program Service Accomplishments

Program 1

Expenses: $249,929 Revenue: $287,118

To provide assistance to further the educational activities and advancements in technology.

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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 $35,880

Program Service Revenue $287,118

Investment Income $0

Other Revenue $0

TOTAL REVENUE $322,998

Expense Breakdown

Grants Paid $0

Salaries & Benefits $81,561

Fundraising Expenses $0

Program Expenses $249,929

Other Expenses $231,357

TOTAL EXPENSES $312,918

Year-over-Year Comparison

	2023	2022	Change
Revenue	$322,998	$374,351	-0.1%
Expenses	$312,918	$300,975	+0.0%
Net Income	$10,080	$73,376	-0.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Harmony Plenty	President	2.00	Director	$0	$0	$0
Paul Curtis	Director	2.00	Director	$0	$0	$0
Teri Steffensen	Vice President	2.00	Director	$0	$0	$0
Teresa Wiessner	Treasurer	2.00	Director	$0	$0	$0
Cecilia Dev	Secretary	2.00	Director	$0	$0	$0
Andrew Biggs	Director	2.00	Director	$0	$0	$0
Abhinav Dev	Director	2.00	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
2025	No data	No data	No data	No data
2024	$322,998	$312,918	$188,189	$10,080
2023	$374,351	$300,975	$306,694	$73,376
2022	$242,978	$252,063	$199,355	$-9,085
2021	$145,285	$169,547	$66,812	$-24,262
2020	$198,610	$246,537	$93,540	$-47,927
2019	$271,786	$335,885	$136,265	$-64,099

Friends of New Technology High School