INSTRUCTIONAL TELECOMMUNICATIONS FOUNDATION INC

EIN: 840943035 Public & Societal Benefit

ENGLEWOOD, CO

Total Revenue
$14,205,456
Total Expenses
$7,947,665
Total Assets
$38,048,145
Net Assets
$36,613,907
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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
1983
Legal Domicile
CO
Principal Officer
RHEA YAW-CHING
Phone
3034379457
Tax Period
2024-04-01 to 2025-03-31

INSTRUCTIONAL TELECOMMUNICATIONS FOUNDATION INC, founded in 1983, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $14.2M in total revenue in fiscal year 2024. Revenue surged 129% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.3M, a strong 44% operating margin.

Mission

INSTRUCTIONAL TELECOMMUNICATIONS FOUNDATION, INC. (ITF, INC.) DBA Mission Telecom is a nonprofit telecommunications organization that is transforming connectivity by providing affordable broadband to under-resourced communities, including nonprofits, schools, and libraries. We reinvest our surplus into driving social change. Our products and services empower organizations to thrive in an interconnected world. -People-Centered: We prioritize individuals' unique needs, aspirations, and concerns, tailoring our services to empower and connect every person effectively.-Bold: We embrace challenges and push boundaries to lead the way in telecommunications with transformative solutions.-Data & Insights-Driven: We use a data-driven approach to inform our strategies and decision-making, ensuring resources are utilized efficiently for maximum impact.-Respectful: We honor the dignity and value of everyone, treating all individuals with kindness, compassion, and professionalism to foster trust and

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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 $0
Program Service Revenue $1,423,346
Investment Income $6,419,691
Other Revenue $6,362,419
TOTAL REVENUE $14,205,456

Expense Breakdown

Grants Paid $2,480,000
Salaries & Benefits $2,420,495
Fundraising Expenses $0
Program Expenses $5,875,069
Other Expenses $3,047,170
TOTAL EXPENSES $7,947,665

Year-over-Year Comparison

2024 2023 Change
Revenue $14,205,456 $6,200,292 +1.3%
Expenses $7,947,665 $5,166,202 +0.5%
Net Income $6,257,791 $1,034,090 +5.1%
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

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Governance

Voting Members
4
Independent Members
4
Employees
17
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
3
$261,961
Total Directors
4
$30,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RHEA YAW-CHING Executive Dir. 45.00
Officer
$218,008 $33,953 $251,961
STEPHEN KOWAL CTO 45.00
$177,360 $55,626 $232,986
BARBARA HUNTER CFO & CAO 45.00
$180,030 $42,598 $222,628
HILDA RIVERA DIRECTOR OF MARKETING & COMMUNICATI 45.00
$158,480 $35,404 $193,884
ASHINDI MAXTON DIRECTOR OF GRANTMAKING 45.00
$174,889 $11,002 $185,891
MARK COLWELL DIRECTOR OF BROADBAND OPERATIONS 45.00
$152,924 $6,503 $159,427
MARK LESLIE IT MANAGER 45.00
$100,652 $52,071 $152,723
JAMES TRAYNOR Director & VP 3.00
Officer Director
$10,000 $0 $10,000
JAMAA BICKLEY-KING Director 3.00
Director
$10,000 $0 $10,000
NSE UFOT Director 3.00
Director
$10,000 $0 $10,000
JOHN SCHWARTZ Director & Pres 5.00
Officer Director
$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 $14,205,456 $7,947,665 $38,048,145 $6,257,791
2024 $6,200,292 $5,166,202 $36,556,987 $1,034,090
2023 $8,207,196 $6,451,581 $32,105,835 $1,755,615
2022 $13,715,740 $10,948,164 $32,699,319 $2,767,576
2021 $11,130,133 $11,998,869 $30,299,233 $-868,736
2020 $7,440,458 $8,673,506 $27,043,413 $-1,233,048
2019 $4,658,218 $6,363,712 $29,669,751 $-1,705,494
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