ArizonaTech Investors

EIN: 271070872 Community Improvement

Phoenix, AZ

Total Revenue
$112,136
Total Expenses
$137,830
Total Assets
$707,844
Net Assets
$49,812
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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
2009
Legal Domicile
AZ
Principal Officer
Robert DeLean
Phone
4802151148
Tax Period
2022-01-01 to 2022-12-31

ArizonaTech Investors, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $112K in total revenue in fiscal year 2022. Revenue decreased 15% compared to the prior year. Expenses of $138K exceeded revenue, resulting in a 23% operating deficit.

Mission

Arizona Tech Investors (ATI) is an active community of accredited investors who meet regularly to review and analyze early-stage technology companies based in Arizona and the Greater Southwest Region.

Program Service Accomplishments

Program 1

Arizona Tech Investors brings together selected growing innovative startup businesses with individuals who are interested in investing in such businesses. Each year, ATI screens hundreds of...

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Arizona Tech Investors brings together selected growing innovative startup businesses with individuals who are interested in investing in such businesses. Each year, ATI screens hundreds of applicants, selects 12-20 to present their ideas and opportunities to the member-investors in 4-8 meetings per year. ATI also organizes follow up meetings for members to learn more about companies of interest to them. The companies obtain systematic feedback from members which enables them to improve their business operations and prospects thereby strengthening their ability to deliver products and services that solve heretofore unsolvable problems.

Program 2

ATI provides opportunities for men and women to learn about and to invest in early stage companies. Through collaborative analysis and dialogue members gain knowledge of the opportunities and the...

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ATI provides opportunities for men and women to learn about and to invest in early stage companies. Through collaborative analysis and dialogue members gain knowledge of the opportunities and the techniques of evaluation of new companies solving problems in novel ways. In addition, ATI provides educational programs to develop investors' capabilities, and arranges for interested members to providing mentoring to various companies.

Program 3

In 2022, ATI organized a wholly-owned single member LLC called AZZ Fund to acquire member investments in investment entities that invested in companies whose prospects were dim. In the highly...

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In 2022, ATI organized a wholly-owned single member LLC called AZZ Fund to acquire member investments in investment entities that invested in companies whose prospects were dim. In the highly unlikely event that any returns are made from these investments, the proceeds, net of expenses, are to be made as unrestricted gifts to the entrepreneurship programs at the three Arizona public universities.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $8,000
Program Service Revenue $100,720
Investment Income $0
Other Revenue $3,416
TOTAL REVENUE $112,136

Expense Breakdown

Grants Paid $2,552
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $135,278
TOTAL EXPENSES $137,830

Year-over-Year Comparison

2022 2021 Change
Revenue $112,136 $131,500 -0.1%
Expenses $137,830 $124,470 +0.1%
Net Income $-25,694 $7,030 -4.7%
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

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Governance

Voting Members
8
Independent Members
7
Employees
N/A
Volunteers
8

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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Goulka Chairman 45.00
Officer Director
$0 $0 $0
Geoffrey Ossias Secretary 1.00
Officer Director
$0 $0 $0
Brandy Altstadter Treasurer (From Mid-Year) 1.00
Officer Director
$0 $0 $0
Michelle Tinsley Board Member 2.00
Director
$0 $0 $0
Ann C Damiano Board Member 1.00
Director
$0 $0 $0
David McCaleb Board Member 1.00
Director
$0 $0 $0
Michael Paddock Board Member (Until Mid-Year) 1.00
Director
$0 $0 $0
Susan Austin Board Member (From Mid-Year) 1.00
Director
$0 $0 $0
Erik Probstfield Board Member (From Mid-Year) 1.00
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
2022 $112,136 $137,830 $707,844 $-25,694
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