TECHFORCE FOUNDATION

EIN: 593828402 501(c)(3) Philanthropy & Grantmaking

PHOENIX, AZ

Total Revenue
$7,826,224
Total Expenses
$8,051,857
Total Assets
$5,358,856
Net Assets
$4,685,583
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
AZ
Principal Officer
ANGIE BABIN
Phone
8665196923
Tax Period
2024-01-01 to 2024-12-31

TECHFORCE FOUNDATION, founded in 2005, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $7.8M in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum.

Mission

TO CHAMPION ALL STUDENTS TO AND THROUGH THEIR EDUCATION AND INTO CAREERS AS PROFESSIONAL TECHNICIANS.

Program Service Accomplishments

Program 1
Expenses: $4,367,306

TECHFORCE FOUNDATION PROVIDED 1,695 SCHOLARSHIPS AND GRANTS TO STUDENTS WITH FINANCIAL NEED TO PURSUE THEIR EDUCATION AND CAREERS, UNDER ESTABLISHED PLATFORMS INCLUDING, BUT NOT LIMITED TO, TUITION...

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TECHFORCE FOUNDATION PROVIDED 1,695 SCHOLARSHIPS AND GRANTS TO STUDENTS WITH FINANCIAL NEED TO PURSUE THEIR EDUCATION AND CAREERS, UNDER ESTABLISHED PLATFORMS INCLUDING, BUT NOT LIMITED TO, TUITION SCHOLARSHIPS, EMERGENCY GRANTS, ADVANCED TRAINING SCHOLARSHIPS, RELOCATION GRANTS, CAMPUS FOOD PANTRY SUPPORT AND VETERANS AT WORK MILITARY TRANSITION AWARDS. TECHFORCE ALSO AWARDS MERIT-BASED SCHOLARSHIPS. GRANTS ALSO SUPPORT OTHER NONPROFITS; AS WELL AS HIGH SCHOOL CTE (CAREER AND TECHNICAL EDUCATION) PROGRAMS AND OVERALL SCHOLARSHIPS/GRANTS SUPPORT STUDENTS SEEKING POST-SECONDARY EDUCATION AS A PROFESSIONAL TECHNICIAN IN THE AREAS OF AUTOMOTIVE, DIESEL, COLLISION REPAIR, AVIATION, MOTORCYCLE, MARINE, MOTORSPORTS, RESTORATION, WELDING, HVAC, AND CNC MACHINING SO THEY CAN GET TO AND THROUGH THEIR EDUCATION AND FILL THE PIPELINE OF QUALIFIED INDUSTRY TECHNICIANS.

Program 2
Expenses: $2,007,734 Revenue: $4,876

TECHFORCE'S CAREER EXPLORATION AND WORKFORCE DEVELOPMENT PROGRAMS SUPPORT THOSE INTERESTED IN PURSUING THE TECHNICIAN PROFESSION BY CONNECTING THEM THROUGH ITS ONLINE PROPRIETARY SOFTWARE PLATFORM TO...

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TECHFORCE'S CAREER EXPLORATION AND WORKFORCE DEVELOPMENT PROGRAMS SUPPORT THOSE INTERESTED IN PURSUING THE TECHNICIAN PROFESSION BY CONNECTING THEM THROUGH ITS ONLINE PROPRIETARY SOFTWARE PLATFORM TO RESOURCES, MENTORS, EDUCATION AND EMPLOYERS. TECHFORCE WORKS TO EDUCATE PEOPLE ABOUT THE CAREER AND DISPEL OUTDATED STIGMAS; PROVIDES HANDS-ON, EXPERIENTIAL OPPORTUNITIES FOR MIDDLE SCHOOL, HIGH SCHOOL AND POST-SECONDARY STUDENTS TO ENGAGE WITH TECHNOLOGY, STEM SKILLS, AND MENTORS; CONNECT THESE STUDENTS AND WORKING TECHS WITH RESOURCES, APPRENTICESHIPS, JOBS AND SCHOOLS IN ORDER TO ADVANCE THEIR EDUCATION AND CAREERS.

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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 $7,345,465
Program Service Revenue $4,876
Investment Income $461,043
Other Revenue $14,840
TOTAL REVENUE $7,826,224

Expense Breakdown

Grants Paid $4,367,306
Salaries & Benefits $1,669,727
Fundraising Expenses $429,672
Program Expenses $6,375,040
Other Expenses $2,014,824
TOTAL EXPENSES $8,051,857

Year-over-Year Comparison

2024 2023 Change
Revenue $7,826,224 $5,323,854 +0.5%
Expenses $8,051,857 $5,620,167 +0.4%
Net Income $-225,633 $-296,313 -0.2%
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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Governance

Voting Members
14
Independent Members
13
Employees
14
Volunteers
150

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
5
$316,410
Total Directors
16
$316,410
Key Employees
1
$202,411
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER MAHER CEO/EXECUTIVE DIRECTOR 40.00
Officer Director
$298,481 $17,929 $316,410
ANGELA BABIN PRESIDENT/CHAIRMAN 1.00
Officer Director
$0 $0 $0
JON VESELY VICE CHAIR 1.00
Officer Director
$0 $0 $0
PAUL HALSCH TREASURER 1.00
Officer Director
$0 $0 $0
DAVID ELLIS SECRETARY 1.00
Officer Director
$0 $0 $0
MARK FERNER DIRECTOR 1.00
Director
$0 $0 $0
MATT HARTFORD DIRECTOR 1.00
Director
$0 $0 $0
MARY MAHONEY DIRECTOR (LEFT 07/24) 1.00
Director
$0 $0 $0
MICHELLE JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
KIM MCCULLOUGH DIRECTOR (LEFT 07/24) 1.00
Director
$0 $0 $0
DENISE KINGSTROM DIRECTOR 1.00
Director
$0 $0 $0
CHRIS BLANCHETTE DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM WILLETTS DIRECTOR 1.00
Director
$0 $0 $0
DAVE SMITH DIRECTOR 1.00
Director
$0 $0 $0
CHRIS ADAMS DIRECTOR 1.00
Director
$0 $0 $0
BARRINGTON IRVING DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER BERGERON CHIEF OPERATIONS OFFICER 40.00
Key Emp
$188,513 $13,898 $202,411
LISA MATTKE CHIEF OPERATIONS & FINANCE (LEFT 09/24) 40.00
Highest
$131,063 $1,018 $132,081
JEANMARIE DELUCA DIRECTOR OF CORPORATE RELATIONS 40.00
Highest
$100,736 $6,981 $107,717
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 $7,826,224 $8,051,857 $5,358,856 $-225,633
2023 $5,323,854 $5,620,167 $6,054,841 $-296,313
2022 $4,043,300 $3,915,682 $5,524,936 $127,618
2021 $3,878,007 $3,255,168 $5,080,050 $622,839
2020 $2,443,810 $2,175,018 $4,285,340 $268,792
2019 $2,870,774 $3,182,930 $4,209,758 $-312,156
2018 $3,118,137 $3,087,276 $4,196,255 $30,861
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