NEW TECH NETWORK INC

EIN: 465770233 501(c)(3) Education

NAPA, CA

Total Revenue
$8,148,398
Total Expenses
$7,818,950
Total Assets
$7,287,106
Net Assets
$5,720,644
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CA
Principal Officer
JAMES MAY
Phone
7072536951
Tax Period
2024-07-01 to 2025-06-30

NEW TECH NETWORK INC, founded in 2014, is a community nonprofit in the Education sector that reported $8.1M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $7.8M left a modest 4% surplus.

Mission

NEW TECH NETWORK WORKS CLOSELY WITH LEADERSHIP TEAMS (CONTINUED ON SCH.O)AND CLASSROOM EDUCATORS TO MAKE CHANGE SCALABLE AND SUSTAINABLE. OUR MISSION IS TO SUPPORT CHANGE AGENTS AT THE SCHOOL AND DISTRICT LEVELS BY SHIFTING THE WAY EDUCATIONAL CHANGE HAPPENS.

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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 $3,150,228
Program Service Revenue $4,650,031
Investment Income $348,139
Other Revenue $0
TOTAL REVENUE $8,148,398

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,226,690
Fundraising Expenses $371,691
Program Expenses $6,128,504
Other Expenses $2,592,260
TOTAL EXPENSES $7,818,950

Year-over-Year Comparison

2024 2023 Change
Revenue $8,148,398 $9,549,012 -0.1%
Expenses $7,818,950 $9,865,767 -0.2%
Net Income $329,448 $-316,755 -2.0%
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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Governance

Voting Members
7
Independent Members
7
Employees
57
Volunteers
7

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
6
$625,350
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARRY SCHULER BOARD CHAIR 1.00
Officer Director
$0 $0 $0
CHAD WICK SECRETARY 1.00
Officer Director
$0 $0 $0
RENATA SOTO TREASURER 1.00
Officer Director
$0 $0 $0
LYDIA DOBYNS DIRECTOR 1.00
Director
$0 $0 $0
EMILY MCGINTY DIRECTOR 1.00
Director
$0 $0 $0
LIAM PISANO DIRECTOR 1.00
Director
$0 $0 $0
EILEEN RUDDEN DIRECTOR 1.00
Director
$0 $0 $0
JOHN SIMPKINS DIRECTOR 1.00
Director
$0 $0 $0
JAMES MAY PRESIDENT & CEO 40.00
Officer
$241,090 $43,575 $284,665
EDWIN DERECHO CHIEF FINANCIAL OFFICER 40.00
Officer
$131,269 $5,055 $136,324
JENNY BOYD THRU 0824 CHIEF PEOPLE & EQUITY OFFICER 40.00
Officer
$196,567 $7,794 $204,361
NICHOLAS KAPPELHOF MANAGING DIRECTOR OF GROWTH 40.00
Highest
$173,681 $21,611 $195,292
ELIZABETH BERGERON MANAGING DIRECTOR OF STRATEGY 40.00
Highest
$163,671 $34,089 $197,760
ALIX HORTON MANAGING DIRECTOR, EDU. & SCHOOL DEV. 40.00
Highest
$159,376 $17,177 $176,553
STACIA SNOW SENIOR DIRECTOR OF PRODUCT DESIGN 40.00
Highest
$116,505 $27,832 $144,337
STEFFANY BATIK DIRECTOR OF DISTRICT & SCHOOL DEV. 40.00
Highest
$116,602 $23,639 $140,241
EILEEN GRADY CHIEF FINANCIAL OFFICER (THRU 06/24) 40.00
$118,892 $16,767 $135,659
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 $8,148,398 $7,818,950 $7,287,106 $329,448
2024 No data No data No data No data
2023 $8,556,250 $13,308,305 $8,594,638 $-4,752,055
2022 $15,002,345 $12,002,115 $14,079,075 $3,000,230
2021 $13,662,524 $9,726,605 $12,877,956 $3,935,919
2020 $12,028,191 $13,415,378 $8,717,032 $-1,387,187
2019 $12,102,153 $12,229,728 $7,538,416 $-127,575
2018 $13,491,083 $12,152,529 $8,486,854 $1,338,554
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