FOUNDATION FOR INFORMATION TECHNOLOGY EDUCATION (EIN 510177031) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

KEVIN JETTON

Phone

3098272015

Tax Period

2024-01-01 to 2024-12-31

FOUNDATION FOR INFORMATION TECHNOLOGY EDUCATION, founded in 1975, is a small nonprofit in the Arts, Culture & Humanities sector that reported $103K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $145K exceeded revenue, resulting in a 41% operating deficit.

Mission

THE FOUNDATION'S MISSION IS TO PROMOTE INFORMATION TECHNOLOGY RESEARCH AND EDUCATION AND TO ENCOURAGE AND SUPPORT INDIVIDUALS ENTERING AND CONSIDERING ENTERING THE INFORMATION TECHNOLOGY PROFESSION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,000

Program Service Revenue $62,441

Investment Income $36,623

Other Revenue $0

TOTAL REVENUE $103,064

Expense Breakdown

Grants Paid $34,743

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $125,577

Other Expenses $110,385

TOTAL EXPENSES $145,128

Year-over-Year Comparison

	2024	2023	Change
Revenue	$103,064	$93,785	+0.1%
Expenses	$145,128	$129,577	+0.1%
Net Income	$-42,064	$-35,792	+0.2%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

$5,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
XIANG GUO	PRESIDENT	4.00	Officer Director	$0	$0	$0
KEVIN JETTON	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
BRIAN REITHEL	SECRETARY	3.00	Officer Director	$0	$0	$0
MARK GILFAND	TREASURER	7.00	Officer Director	$0	$0	$0
FRED KITCHENS	REGENT	2.00	Director	$0	$0	$0
MARK GRIMES	REGENT	2.00	Director	$5,000	$0	$5,000

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	No data	No data	No data	No data
2024	$103,064	$145,128	$843,314	$-42,064
2023	$93,785	$129,577	$817,925	$-35,792
2022	$23,433	$66,141	$779,067	$-42,708
2021	$79,005	$51,275	$972,975	$27,730
2020	$28,324	$76,612	$960,509	$-48,288
2019	$161,271	$154,266	$900,649	$7,005
2018	$170,013	$159,826	$772,969	$10,187

FOUNDATION FOR INFORMATION TECHNOLOGY EDUCATION