Baltimore, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Technology Advancement Center Inc, founded in 2017, is a mid-sized nonprofit in the Education sector that reported $50.2M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.3M, a strong 20% operating margin.
The Technology Advancement Center, Inc. is a 501(c)(4) not for profit dedicated to the study, test, evaluation, rapid prototyping, and community of interest outreach to industry, academia, k12, and state and local and federal government. Our work accelerates the confidence needed to make investments in cybersecurity solutions, companies and helps organizations discover cybersecurity and related technologies that align with current and future requirements.
The Technology Advancement Center, Inc. (TAC) is a nonprofit 501(c)(4) entity chartered in the state of Maryland. TAC's facilities are a combination of state-of-the-art facilities, innovative...
The Technology Advancement Center, Inc. (TAC) is a nonprofit 501(c)(4) entity chartered in the state of Maryland. TAC's facilities are a combination of state-of-the-art facilities, innovative programs, and imaginative people charged with finding that spark that leads to unparalleled capability for our partners. Through a partnership intermediary agreement (PIA) between TAC and USCYBERCOM, TAC enables USCYBERCOM and its partners to engage nontraditional partners to accelerate mission success. TAC has achieved success with projects advancing malware analysis, opensource threat intelligence sharing platforms, protecting against social media disinformation, computer vision, zero thrust network prototyping, and redesigning risk management frameworks. TAC evaluated commercial products to assess fit and feasibility for use within defined network parameters. TAC hosted five rapid prototyping events (RPES) to help identify and accelerate the path to violable solutions. TAC expanded its physical and virtual lab environments used for prototyping solutions, refining standard operating procedures in cyber defense operations, and skill development. TAC's innovation facilities are a choice location for organizations to hold strategic planning meetings or collaborations with partners as a nearby "offsite" with flexibility to accommodate in person meetings augmented with virtual platforms capabilities. TAC hosted in person, virtual, and hybrid events focused on increasing cyber security skills, capabilities, and awareness. TAC also built virtual collaboration platforms utilized to continue technical talks, demonstrations, and collaboration sessions during the pandemic. TAC's new capabilities were utilized by training organizations to create videos that spark interest and provide valuable resources to staff regardless of where they were now working and to host partners to bring a level of professionalism to their virtual participation. Similarly, TAC's facilities are a choice location for workforce development and outreach events. During 2022, TAC's internships provided high school and college students experience working side-by-side with subject matter experts solving real-world, mission-relevant technical challenges. TAC hosted programs specifically designed for students at minority serving institutions to help strengthen the nation's stem hiring pipeline.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $50,160,437 | $37,591,709 | +0.3% |
| Expenses | $39,889,815 | $35,759,279 | +0.1% |
| Net Income | $10,270,622 | $1,832,430 | +4.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| David Tohn | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Tom Sadowski | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Linda Singh | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jennifer Bodensiek | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $50,160,437 | $39,889,815 | $29,890,688 | $10,270,622 |
| 2022 | $37,591,709 | $35,759,279 | $18,689,580 | $1,832,430 |
| 2021 | $24,715,450 | $22,763,017 | $10,081,190 | $1,952,433 |
| 2020 | $21,712,918 | $18,923,317 | $6,894,367 | $2,789,601 |
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