Timothy Smith Network

EIN: 562339680 501(c)(3) Education

ROXBURY, MA

Total Revenue
$1,654,026
Total Expenses
$869,679
Total Assets
$1,732,248
Net Assets
$1,732,248
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MA
Phone
6179683653
Tax Period
2024-07-01 to 2025-06-30

Timothy Smith Network, founded in 2003, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $784K, a strong 47% operating margin.

Mission

Timothy Smith Network empowers organizations and individuals to effectively use and have access to cutting edge technology.

Program Service Accomplishments

Program 1
Expenses: $659,780

The Timothy Smith Network (TSN) advanced its mission to expand digital equity and economic opportunity for Boston residents by delivering a coordinated portfolio of high?impact technology education...

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The Timothy Smith Network (TSN) advanced its mission to expand digital equity and economic opportunity for Boston residents by delivering a coordinated portfolio of high?impact technology education programs serving youth, adults, and veterans across the city. Through hands?on instruction, workforce?aligned training, and mentorship, TSN empowered participants to build technical proficiency, creative confidence, and pathways into emerging technology fields. Boston Design Academy (BDA) TSNs Boston Design Academy provided youth with immersive learning in digital design, engineering, and health technology, offering instruction in Unreal Engine 5, Fusion 360, 3D modeling, coding, and prototype development. Students explored real-world problem solving through modules such as Tech Your Health, where they designed wellness technologies addressing community health needs. Participants produced functional prototypes, digital games, and design concepts showcased at public presentations, strengthening their readiness for STEAM careers. Alumni Mentorship Program (AMP) The Alumni Mentorship Program supported high school and college?age youth with career exploration, professional skill?building, and paid project-based learning. AMP participants worked with industry mentors, completed digital design and technology assignments, and contributed to community?focused projects. The program emphasized accountability, communication, and portfolio development, ensuring students were prepared for internships, employment, and postsecondary opportunities. Boots 2 Technology Veterans Program TSNs Boots 2 Technology initiative provided veterans and transitioning service members with accessible pathways into technology careers. Participants received hands-on training in digital literacy, hardware and software fundamentals, cybersecurity awareness, and emerging technologies. The program supported veterans in translating military experience into civilian workforce skills, strengthening economic mobility and long-term career stability. The Builders Program Media Storytelling The Builders Program engaged youth in media production, digital storytelling, and creative technology, guiding participants through the development of short films, documentaries, podcasts, and visual narratives. Students learned camera operation, editing, sound design, and narrative structure while exploring themes rooted in community identity and lived experience. The program culminated in a public showcase celebrating youth voice, creativity, and technical achievement. Across all programs, TSN continued to bridge the digital divide, expand access to high-quality technology education, and cultivate the next generation of innovators, storytellers, and leaders from Bostons historically underserved communities.

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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 $1,629,669
Program Service Revenue $22,724
Investment Income $1,633
Other Revenue $0
TOTAL REVENUE $1,654,026

Expense Breakdown

Grants Paid $0
Salaries & Benefits $535,405
Fundraising Expenses $68,925
Program Expenses $659,780
Other Expenses $329,274
TOTAL EXPENSES $869,679

Year-over-Year Comparison

2024 2023 Change
Revenue $1,654,026 $1,047,645 +0.6%
Expenses $869,679 $1,142,706 -0.2%
Net Income $784,347 $-95,061 -9.3%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
5
Independent Members
5
Employees
30
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
4
$121,162
Total Directors
2
$88,945
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Milton Irving Executive Dir. 40.00
Officer
$121,162 $0 $121,162
Alessandra Brown Director 40.00
Director
$88,945 $0 $88,945
Royal Bolling Jr Director 1.00
Director
$0 $0 $0
Carroll W Blake President 3.00
Officer
$0 $0 $0
Amanda Gorner Secretary 1.00
Officer
$0 $0 $0
Jonathan Towslee Treasurer 3.00
Officer
$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
2025 $1,654,026 $869,679 $1,732,248 $784,347
2024 $1,047,645 $1,142,706 $947,901 $-95,061
2023 $1,092,238 $812,535 $1,092,314 $279,703
2022 $1,107,356 $812,535 $283,191 $294,821
2021 $910,260 $1,324,277 $819,647 $-414,017
2020 $986,082 $1,593,644 $1,262,156 $-607,562
2019 $1,455,327 $1,645,796 $1,867,352 $-190,469
2018 $1,283,802 $1,585,107 $2,099,899 $-301,305
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