SAN FRANCISCO CITIZENS INITIATIVE FOR TECHNOLOGY & INNOVATION (SFCITI)

EIN: 454160150 Community Improvement

SAN FRANCISCO, CA

Total Revenue
$149,954
Total Expenses
$169,633
Total Assets
$124,213
Net Assets
$124,213
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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
2012
Legal Domicile
CA
Principal Officer
ALEX TOURK
Phone
4157981860
Tax Period
2024-01-01 to 2024-12-31

SAN FRANCISCO CITIZENS INITIATIVE FOR TECHNOLOGY & INNOVATION (SFCITI), founded in 2012, is a small nonprofit in the Community Improvement sector that reported $150K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $170K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE PRIMARY PURPOSE OF THIS ORGANIZATION IS TO BUILD CONNECTIONS, A SHARED SENSE OF COMMUNITY AND CIVIC RESPONSIBILITY BETWEEN SAN FRANCISCO'S TECHNOLOGY COMPANIES AND ITS RESIDENTS.

Program Service Accomplishments

Program 1

SF.CITI REGULARLY HOSTS LARGE-SCALE, VIRTUAL (FOR THE TIME BEING) EVENTS THAT BRING TECH, NONPROFIT, AND POLICY LEADERS TOGETHER TO DISCUSS TOPICS AFFECTING THE TECH INDUSTRY AND THE GREATER SAN...

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SF.CITI REGULARLY HOSTS LARGE-SCALE, VIRTUAL (FOR THE TIME BEING) EVENTS THAT BRING TECH, NONPROFIT, AND POLICY LEADERS TOGETHER TO DISCUSS TOPICS AFFECTING THE TECH INDUSTRY AND THE GREATER SAN FRANCISCO COMMUNITY.SF.CITI EXPERTLY RESEARACHED AND CURATED A COMPREHENSIVE GUIDE TO ALL THINGS SAN FRANCISCO POLITICS AND GOVERNMENT.SF.CITI HOSTED SEVERAL CONVERSATIONS WITH TECH AND NONPROFIT LEADERS SERIES TO BETTER UNDERSTAND CHANGES TO SOCIAL IMPACT DURING AND AFTER THE COVID-19 PANDEMIC. FOR THE PAST FEW YEARS, SF.CITI HAS ORGANIZED OUR TREMENDOUSLY POPULAR SPEED NETWORKING EVENT, BREAKING INTO TECH. EMPLOYEES FROM SF.CITI MEMBER COMPANIES CONNECT AND SHARE ADVICE WITH THOSE LOOKING TO WORK IN THE TECH INDUSTRY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $149,954
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $149,954

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $169,633
TOTAL EXPENSES $169,633

Year-over-Year Comparison

2024 2023 Change
Revenue $149,954 $138,057 +0.1%
Expenses $169,633 $193,762 -0.1%
Net Income $-19,679 $-55,705 -0.6%
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

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Governance

Voting Members
7
Independent Members
7
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
2
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REBECCA PROZAN BOARD CHAIR 5.00
Officer Director
$0 $0 $0
KATE O'SULLLIVAN VICE-CHAIR 1.00
Officer Director
$0 $0 $0
NOELLE DUONG DIRECTOR 1.00
Director
$0 $0 $0
CAMMY BLACKSTONE DIRECTOR 1.00
Director
$0 $0 $0
PHILLIP PIERCE DIRECTOR 1.00
Director
$0 $0 $0
ALEX YOUN DIRECTOR 1.00
Director
$0 $0 $0
STEVE SARNER DIRECTOR 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
2024 $149,954 $169,633 $124,213 $-19,679
2023 $138,057 $193,762 $143,892 $-55,705
2022 $300,969 $653,294 $207,034 $-352,325
2021 $501,049 $490,295 $552,530 $10,754
2020 $561,900 $546,873 $541,538 $15,027
2019 $749,428 $597,203 $526,387 $152,225
2018 $622,833 $530,125 $376,863 $92,708
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