WORCESTER, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)TECHNOCOPIA CO, founded in 2013, is a small nonprofit in the Human Services sector that reported $219K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year.
THE PURPOSE OF THE ORGANIZATION IS TO BUILD AND MAINTAIN SPACES SUITABLE FOR TECHNICAL AND SOCIAL COLLABORATION; COLLABORATION ON ALL FORMS OF TECHNOLOGY, CULTURE, CULTURE AND CRAFT, COLLABORATION AND DEVELOPMENT OF NEW AND/OR EXISTING TECHNOLOGY, CULTURE AND CRAFT, THAT HELPS PROVIDE COMMUNITIES, FAMILIES, AND/OR INDIVIDUALS THE TOOLS AND EXPERTISE NECESSARY TO SUSTAINABLY PROVIDE FOR THE HUMANITARIAN NEED OF A COMMUNITY, FAMILY, AND/OR INDIVIDUAL; FREELY SHARE ITS RESEARCH AND DISCOVERIES; USING WHAT IS LEARNED TO TEACH OTHERS, RECRUIT AND DEVELOP TALENTED MEMBERS DEDICATED TO THESE PURPOSES.
TECHNOCOPIA RETAINED ITS MEMBERSHIP, PROGRAMS AND BEGAN NEW INITIATIVES. WE ARE WORKING ON EFFORTS THAT INCLUDE: NON-PROFIT MANAGEMENT AND INFRASTRUCTURE; DIVERSITY, EQUITY AND INCLUSION; GRANT...
TECHNOCOPIA RETAINED ITS MEMBERSHIP, PROGRAMS AND BEGAN NEW INITIATIVES. WE ARE WORKING ON EFFORTS THAT INCLUDE: NON-PROFIT MANAGEMENT AND INFRASTRUCTURE; DIVERSITY, EQUITY AND INCLUSION; GRANT WRITING; AND EVENT PLANNING. TECHNOCOPIA HAS MAINTAINED MANY PARTNERSHIPS IN OUR COMMUNITY AND HAD SIGNIFICANT GROWTH IN ITS ENTREPRENEURIAL AND EVENT DEVELOPMENT. THIS YEAR TECHNOCOPIA STRENGTHENED RELATIONS WITH A BUSINESS INCUBATOR AND TECHNOCOPIA HAS DEVELOPED A 5 WEEK ENTREPRENEURIAL PROGRAM. THIS YEARS ENTREPRENEURIAL PROGRAM PILOT WAS SERVED 3 HIGH SCHOOL YOUTH WHO CREATED AND BRANDED THEIR OWN PRODUCTS AFTER STUDYING DESIGN, FABRICATION, AND THE BASICS OF ENTREPRENEURSHIP.TECHNOCOPIA CONTINUES TO WORK WITH THE BUSINESS IMPROVEMENT DISTRICT AND WITH DOWNTOWN ARTISTIC INFRASTRUCTURE. IN EVENTS, THIS SUMMER TECHNOCOPIA HELD ITS FIRST MAKE IT! FESTIVAL. MAKE IT! WAS A FAMILY FRIENDLY CELEBRATION WITH DAY LONG DEMONSTRATIONS AND ACTIVITIES. ADDITIONALLY THIS WINTER, TECHNOCOPIA RAN A HOLIDAY VENDOR MARKET AT REDEMPTION ROCK BREWERY. THIS MARKET, NAMED TECHNOCOPIA MAKER'S MARKET, FEATURED 9 TECHNOCOPIA MEMBERS. IN OTHER PROGRAMMING DEVELOPMENTS AND PARTNERSHIPS TECHNOCOPIA CONTINUES TO WORK WITH THE DYNAMY INTERN PROGRAM WHICH BRINGS YOUNG ADULTS 18+ TO TRAIN, LEARN AND INTERN. IN MEMBERSHIP DEVELOPMENT AND COMMUNITY OUTREACH EFFORTS, A VETERANS PROGRAM WAS DEVELOPED AND COMMUNITY MEMBERSHIP EXPANDED. THE PROGRAM IS DESIGNED TO SERVE VETERANS WHO COULDN'T OTHERWISE AFFORD TECHNOCOPIA'S CLASS FEES. TECHNOCOPIA'S FREE COMMUNITY MEMBERSHIP PROGRAM WHICH PROVIDES 12 FREE MEMBERSHIPS TO MEMBERS WHO CANNOT OTHERWISE AFFORD MEMBERSHIP AND WHO CONTRIBUTE TO THE DIVERSITY OF OUR SPACE, HAS EXPANDED TO INCLUDE FREE TOOL TRAININGS. TECHNOCOPIA SERVED WORCESTER PUBLIC SCHOOL STUDENTS THIS YEAR THROUGH ONE ONLINE AND ONE IN PERSON SUMMER PROGRAM. TECHNOCOPIA IS NOW PROVIDING SERVICES TO THE MAIN WORCESTER PUBLIC LIBRARY. WE ARE TEACHING, SHARING KNOWLEDGE AND BUILDING A PIPELINE TO GIVE LIBRARY PATRONS A PLACE TO MAKE ONCE THEY HAVE GROWN OUT OF THE LIBRARY MAKERSPACE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $219,003 | $257,157 | -0.1% |
| Expenses | $236,481 | $280,409 | -0.2% |
| Net Income | $-17,478 | $-23,252 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOSEPH FORGETTE | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEVIN HARRINGTON-RUTTER | CLERK | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| FRANKIE FRANCO JR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LAUREN MONROE | PRESIDENT | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $219,003 | $236,481 | $361,296 | $-17,478 |
| 2022 | $257,157 | $280,409 | $448,439 | $-23,252 |
| 2021 | $245,704 | $227,507 | $136,287 | $18,197 |
| 2020 | $203,230 | $221,186 | $108,612 | $-17,956 |
| 2018 | $232,227 | $163,831 | $158,128 | $68,396 |
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