TECH FREDERICK INC (EIN 474589774) - 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

2016

Legal Domicile

Principal Officer

JOSH YEAGER

Phone

4432778195

Tax Period

2024-01-01 to 2024-12-31

TECH FREDERICK INC, founded in 2016, is a small nonprofit in the Employment sector that reported $342K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $402K exceeded revenue, resulting in a 18% operating deficit.

Mission

WE CULTIVATE A STRONG TECH COMMUNITY THROUGH ADVOCACY, CONNECTIONS, AND EDUCATION, FOSTERING OPPORTUNITIES FOR ALL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $247,993

Program Service Revenue $93,974

Investment Income $12

Other Revenue $0

TOTAL REVENUE $341,979

Expense Breakdown

Grants Paid $0

Salaries & Benefits $197,279

Fundraising Expenses $43,529

Program Expenses $283,024

Other Expenses $205,083

TOTAL EXPENSES $402,362

Year-over-Year Comparison

	2024	2023	Change
Revenue	$341,979	$422,762	-0.2%
Expenses	$402,362	$401,723	+0.0%
Net Income	$-60,383	$21,039	-3.9%

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

110

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

$114,025

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSH YEAGER	PRESIDENT	3.00	Officer Director	$0	$0	$0
JON-MIKEL BAILEY	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
JEFF GRIFFIN	SECRETARY	3.00	Officer Director	$0	$0	$0
RYAN HARSHMAN	TREASURER	3.00	Officer Director	$0	$0	$0
MARIA ROAT	BOARD MEMBER	2.00	Director	$0	$0	$0
ANDRES MENDOZA	BOARD MEMBER	2.00	Director	$0	$0	$0
MIKE BATTLE	BOARD MEMBER	2.00	Director	$0	$0	$0
MEGHAN SWEIGART	EXECUTIVE DIRECTOR	40.00	Officer	$87,986	$26,039	$114,025

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	$341,979	$402,362	$95,173	$-60,383
2023	$422,762	$401,723	$149,009	$21,039
2022	$363,431	$326,891	$127,130	$36,540
2021	$190,275	$198,434	$90,590	$-8,159
2020	$359,193	$343,796	$98,689	$15,397
2019	$231,551	$227,302	$83,292	$4,249

TECH FREDERICK INC