THE FOUNDATION FOR TECHNOLOGY AND … - Form 990 Financial Data

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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

1986

Legal Domicile

Principal Officer

STEVEN A BARBATO

Phone

7038602100

Tax Period

2017-07-01 to 2018-06-30

THE FOUNDATION FOR TECHNOLOGY AND ENGINEERING EDUCATORS INC, founded in 1986, is a micro nonprofit that reported $35K in total revenue in fiscal year 2017. Revenue decreased 18% compared to the prior year. Expenses of $88K exceeded revenue, resulting in a 153% operating deficit.

Mission

NONE

Program Service Accomplishments

Program 1

Expenses: $10,191

SCHOLARSHIPS AND CITATIONS TO SUPPORT PROGRAMS THAT TRANSFER INDUSTRIAL AND CORPORATE RESEARCH INTO THE SCHOOL SYSTEM; MAKE STUDENTS TECHNOLOGICALLY LITERATE, AND FOSTER PUBLIC AWARENESS.

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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 (2017)

Revenue Breakdown

Contributions & Grants $3,939

Program Service Revenue $0

Investment Income $30,864

Other Revenue $0

TOTAL REVENUE $34,803

Expense Breakdown

Grants Paid $9,137

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,191

Other Expenses $78,935

TOTAL EXPENSES $88,072

Year-over-Year Comparison

	2017	2016	Change
Revenue	$34,803	$42,354	-0.2%
Expenses	$88,072	$79,094	+0.1%
Net Income	$-53,269	$-36,740	+0.4%

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

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

$171,804

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YVONNE SPICER	PRESIDENT	0.50	Officer Director	$0	$0	$0
MICHAEL SANDELL	PRESIDENT ELECT	0.50	Officer Director	$0	$0	$0
ED REEVE	PAST PRESIDENT	0.50	Officer Director	$0	$0	$0
DEBRA SHAPIRO	REGION 1 DIRECTOR	0.50	Director	$0	$0	$0
ABBI RICHCREEK	REGION 2 DIRECTOR	0.50	Director	$0	$0	$0
KURT HELGESON	REGION 3 DIRECTOR	0.50	Director	$0	$0	$0
GARY STEWARDSON	REGION 4 DIRECTOR	0.50	Director	$0	$0	$0
MARK CRENSHAW	ITEEA-CSL DIRECTOR	0.50	Director	$0	$0	$0
SCOTT GREENHALGH	TEECA DIRECTOR	0.50	Director	$0	$0	$0
CHARLOTTE HOLTER	ITEEA-CC DIRECTOR	0.50	Director	$0	$0	$0
MARIE HOEPFL	CTETE DIRECTOR	0.50	Director	$0	$0	$0
STEVEN BARBATO	EXEC. DIRECTOR/CEO	5.50	Officer	$0	$15,704	$171,804

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
2018	$34,803	$88,072	$1,093,943	$-53,269

THE FOUNDATION FOR TECHNOLOGY AND ENGINEERING EDUCATORS INC