TECHNYC FOUNDATION

EIN: 851077938 501(c)(3) Philanthropy & Grantmaking

NEW YORK, NY

Total Revenue
$1,225,759
Total Expenses
$896,225
Total Assets
$1,599,037
Net Assets
$336,937
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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
2020
Legal Domicile
NY
Principal Officer
JULIE SAMUELS
Phone
6465040940
Tax Period
2024-01-01 to 2024-12-31

TECHNYC FOUNDATION, founded in 2020, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 1014% from the prior year, signaling strong growth momentum. The organization ran a surplus of $330K, a strong 27% operating margin.

Mission

TO SUPPORT THE TECHNOLOGY ECOSYSTEM IN NEW YORK THROUGH EDUCATION AND VOLUNTEERISM

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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 $1,225,759
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,225,759

Expense Breakdown

Grants Paid $24,100
Salaries & Benefits $372,215
Fundraising Expenses $0
Program Expenses $816,881
Other Expenses $499,910
TOTAL EXPENSES $896,225

Year-over-Year Comparison

2024 2023 Change
Revenue $1,225,759 $110,000 +10.1%
Expenses $896,225 $107,264 +7.4%
Net Income $329,534 $2,736 +119.4%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
$870,228
Total Directors
3
$732,629
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE SAMUELS CEO 2.00
Officer Director
$0 $3,349 $427,307
SARAH BROWN CHIEF FINANCIAL OFFICER 2.00
Officer Director
$0 $20,322 $305,322
JENNY KIM DIRECTOR 0.50
Director
$0 $0 $0
BRYAN LOZANO FOUNDATION DIRECTOR 40.00
Officer
$0 $19,872 $137,599
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
2024 $1,225,759 $896,225 $1,599,037 $329,534
2024 $2,012,750 $896,225 $1,458,136 $1,116,525
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