TECH BLOC (EIN 474381551) - Form 990 Financial Analysis & Trantor Score

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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

2015

Legal Domicile

Principal Officer

ILEANA GONZALEZ

Phone

2105428608

Tax Period

2023-01-01 to 2023-12-31

TECH BLOC, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $204K in total revenue in fiscal year 2023.

Mission

TO FOSTER AND PROMOTE THE LOCAL TECHNOLOGY COMMUNITY BY HOSTING SEMINARS AND NETWORKING EVENTS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $203,547

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $203,547

Expense Breakdown

Grants Paid $2,633

Salaries & Benefits $31,708

Fundraising Expenses $1,584

Program Expenses $199,031

Other Expenses $169,858

TOTAL EXPENSES $204,199

Year-over-Year Comparison

	2023	2022	Change
Revenue	$203,547	N/A	N/A
Expenses	$204,199	N/A	N/A
Net Income	$-652	N/A	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

Governance

Voting Members

Independent Members

Employees

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

$16,219

Total Directors

$23,477

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ILEANA GONZALEZ	CEO	0.50	Officer Director	$16,219	$0	$16,219
DAVID HEARD	PAST CEO	0.50	Director	$7,258	$0	$7,258
TOM CUTHBERT	ADVISORY BOA	0.50	Director	$0	$0	$0
DIRK ELMENDORF	CHAIR	0.50	Officer Director	$0	$0	$0
LORENZO GOMEZ	ADVISORY BOA	0.50	Director	$0	$0	$0
BRAD PIATT	BOARD MEMBER	0.50	Director	$0	$0	$0
MATTHEW REEDY	BOARD MEMBER	0.50	Director	$0	$0	$0
DAVID SPENCER	TREASURER	0.50	Officer Director	$0	$0	$0
ERIN WILBANKS	BOARD MEMBER	0.50	Director	$0	$0	$0
CHARLES WOODIN	BOARD MEMBER	0.50	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
2023	$203,547	$204,199	$340,610	$-652
2022	$202,588	$227,017	$456,674	$-24,429
2021	$284,668	$240,414	$121,445	$44,254
2020	$210,615	$354,170	$392,920	$-143,555

TECH BLOC