NASHVILLE TECHNOLOGY COUNCIL FOUNDATION

EIN: 463167306 501(c)(3) Education

NASHVILLE, TN

Total Revenue
$679,825
Total Expenses
$536,179
Total Assets
$184,968
Net Assets
$184,968
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
TN
Principal Officer
ELISE CAMBOURNAC
Phone
6158731284
Tax Period
2023-01-01 to 2023-12-31

NASHVILLE TECHNOLOGY COUNCIL FOUNDATION, founded in 2013, is a small nonprofit in the Education sector that reported $680K in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $144K, a strong 21% operating margin.

Mission

THE NASHVILLE TECHNOLOGY COUNCIL FOUNDATION RAISES FUNDS TO SUPPORT THE NTC'S TALENT DEVELOPMENT INITIATIVES TO ENHANCE THE TECHNOLOGY PROGRAMS AVAILABLE TO STUDENTS IN MIDDLE TENNESSEE. ITS MISSION IS TO INVEST IN BUILDING THE PATHWAYS FOR FUTURE TECHNOLOGY PROFESSIONALS BY DEVELOPING PROBLEM SOLVERS AND CREATIVE THINKERS.

Program Service Accomplishments

Program 1
Expenses: $536,179 Revenue: $201,831

THE NTCF RAISES FUNDS TO SUPPORT PROGRAMS FOR TECHNOLOGY-RELATED EDUCATION AND TALENT DEVELOPMENT. TO INTRODUCE AND NURTURE INTEREST IN TECHNOLOGY CAREERS AMONG AREA ELEMENTARY, MIDDLE, AND HIGH...

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THE NTCF RAISES FUNDS TO SUPPORT PROGRAMS FOR TECHNOLOGY-RELATED EDUCATION AND TALENT DEVELOPMENT. TO INTRODUCE AND NURTURE INTEREST IN TECHNOLOGY CAREERS AMONG AREA ELEMENTARY, MIDDLE, AND HIGH SCHOOL STUDENTS, THE NCTF FUNDS A VARIETY OF PROGRAMS, INCLUDING ONE-WEEK AND EIGHT-WEEK SUMMER TECH CAMPS THROUGHOUT THE REGION, TRAVELING TECH DAY FIELD TRIPS THAT BRING STUDENTS AND TEACHERS TO BUSINESSES AND COLLEGE CAMPUSES, HOUR OF CODE SESSIONS WHERE INDUSTRY VOLUNTEERS DEMYSTIFY COMPUTER CODING, AND A TECHNOLOGY LENDING LIBRARY THAT BRINGS DEVICES AND ROBOTICS TO CLASSROOMS. FOR COLLEGE STUDENTS, THE NTCF HELPS TO FACILITATE AND SUPPORT INTERNSHIPS WITH AREA TECHNOLOGY COMPANIES AND IT DEPARTMENTS. MOST RECENTLY, THE NTCF LAUNCHED APPRENTI TN, THE FIRST REGISTERED APPRENTICESHIP PROGRAM IN THE SOUTHEAST.

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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 (2023)

Revenue Breakdown

Contributions & Grants $477,994
Program Service Revenue $201,831
Investment Income $0
Other Revenue $0
TOTAL REVENUE $679,825

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $536,179
Other Expenses $536,179
TOTAL EXPENSES $536,179

Year-over-Year Comparison

2023 2022 Change
Revenue $679,825 $946,337 -0.3%
Expenses $536,179 $794,788 -0.3%
Net Income $143,646 $151,549 -0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
10
Employees
N/A
Volunteers
38

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
$471,215
Total Directors
11
$288,923
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELISE CAMBOURNAC CHAIR, NTC PRES. & CEO 10.00
Officer Director
$0 $7,358 $288,923
MEG UNDERWOOD DIRECTOR 1.00
Director
$0 $0 $0
JOSHUA MUNDY DIRECTOR 1.00
Director
$0 $0 $0
RANDALL DENNIS DIRECTOR 1.00
Director
$0 $0 $0
AMY HENDERSON DIRECTOR 1.00
Director
$0 $0 $0
CASEY SANTOS DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL THOMPSON DIRECTOR 1.00
Director
$0 $0 $0
NICK BISHOP DIRECTOR 1.00
Director
$0 $0 $0
ROB TUDOR DIRECTOR 1.00
Director
$0 $0 $0
MARSHALL TOWE DIRECTOR 1.00
Director
$0 $0 $0
KENT FOURMAN DIRECTOR 1.00
Director
$0 $0 $0
SANDI HOFF EXECUTIVE DIRECTOR 20.00
Officer
$0 $296 $182,292
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 No data No data No data No data
2023 $679,825 $536,179 $184,968 $143,646
2022 $946,337 $794,788 $76,100 $151,549
2021 $871,133 $945,502 $133,598 $-74,369
2020 $660,450 $769,125 $84,142 $-108,675
2019 $365,679 $428,032 $72,817 $-62,353
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