TECHNOLOGY INNOVATION FOUNDATION OF THE AMERICAS INC

EIN: 463069806 501(c)(3) Education

CORAL GABLES, FL

Total Revenue
$45,000
Total Expenses
$45,000
Total Assets
$1
Net Assets
$-49,999
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
FL
Principal Officer
L FELICE GORORDO
Phone
3054078568
Tax Period
2021-07-01 to 2022-06-30

TECHNOLOGY INNOVATION FOUNDATION OF THE AMERICAS INC, founded in 2013, is a micro nonprofit in the Education sector that reported $45K in total revenue in fiscal year 2021. Revenue fell 31% from the prior year — a significant decline worth monitoring.

Mission

TO SERVE AS A CATALYST FOR THE ESTABLISHMENT OF MIAMI AS THE TECHNOLOGY HUB FOR THE AMERICAS IN ORDER TO PROPEL INNOVATION AND INVESTMENT IN SOUTH FLORIDA AND LATIN AMERICA.

Program Service Accomplishments

Program 1
Expenses: $45,000

EDUCATION: PROMOTE TECHNOLOGY EDUCATION TO STUDENTS FROM KINDERGARTEN THROUGH GRADUATE SCHOOL IN ORDER TO ENCOURAGE AND EMPOWER TALENTED YOUNGSTERS TO PURSUE CAREERS IN AN ESSENTIAL...

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EDUCATION: PROMOTE TECHNOLOGY EDUCATION TO STUDENTS FROM KINDERGARTEN THROUGH GRADUATE SCHOOL IN ORDER TO ENCOURAGE AND EMPOWER TALENTED YOUNGSTERS TO PURSUE CAREERS IN AN ESSENTIAL INDUSTRY.EMPLOYMENT BASE: ENSURE THAT SOUTH FLORIDA OFFERS TECHNOLOGY COMPANIES A ROBUST BASE OF WORKERS THAT MEET THEIR NEEDS.INSTITUTIONAL FUNDING: ATTRACT THE FIRMS AND ORGANIZATIONS THATPROVIDE MUCH-NEEDED CAPITAL TO EARLY-STAGE AND GROWTH-STAGE COMPANIES THAT CAN GROW IN OUR COMMUNITY AND PROVIDE HIGH-WAGEDESIRABLE EMPLOYMENT OPPORTUNITIES FOR OUR RESIDENTS.START-UPS/ENTREPRENEURSHIP: HELP ACCELERATE THE STRONG MOMENTUM IN SOUTH FLORIDA'S START-UP ECOSYSTEM AND FOSTER THE ENTREPRENEURIAL SPIRIT AMONG OUR COMMUNITY'S INNOVATORS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $45,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $45,000

Expense Breakdown

Grants Paid $45,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,000
Other Expenses $0
TOTAL EXPENSES $45,000

Year-over-Year Comparison

2021 2020 Change
Revenue $45,000 $65,000 -0.3%
Expenses $45,000 $65,000 -0.3%
Net Income $0 $0 N/A
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
4
Independent Members
4
Employees
N/A
Volunteers
4

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
L FELIPE GORORDO CEO 5.00
Officer Director
$0 $0 $0
MANUEL MEDINA CHAIRMAN 5.00
Officer Director
$0 $0 $0
MELISSA MEDINA PRESIDENT 5.00
Officer Director
$0 $0 $0
NELSON FONSECA DIRECTOR 5.00
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
2022 $45,000 $45,000 $1 No data
2021 $65,000 $65,000 $1 No data
2020 No data No data $1 No data
2019 $278,277 $279,050 $1 $-773
2018 $250,028 $250,189 $775 $-161
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