ARIZONA TECHNOLOGY COUNCIL

EIN: 860684848

PHOENIX, AZ

Total Revenue
$1,974,752
Total Expenses
$2,022,872
Total Assets
$326,214
Net Assets
$-362,223
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
AZ
Principal Officer
STEVEN ZYLSTRA
Phone
6023438324
Tax Period
2024-01-01 to 2024-12-31

ARIZONA TECHNOLOGY COUNCIL, founded in 2002, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024.

Mission

TO CONNECT AND STRENGTHEN ARIZONA'S TECHNOLOGY INDUSTRY AND COMMUNITY, PROMOTE STATE AND FEDERAL POLICIES THAT ENHANCE ARIZONA'S TECHNOLOGY INDUSTRY, DELIVER QUALITY CONTENT AND EVENTS TO EDUCATE THOSE WORKING IN ARIZONA'S EXPANDING TECHNOLOGY SECTOR, AND ACCELERATE THE INNOVATION AND ENTREPRENEURIAL MINDSET ALREADY PRESENT IN OUR GROWING STARTUP ECOSYSTEM.

Program Service Accomplishments

Program 1

GOVERNOR'S CELEBRATION OF INNOVATION ( GCOI) - ANNUAL AWARDS GALA HONORING TECHNOLGY LEADERS, INNOVATORS, AND ACADEMICS FROM ACROSS THE STATE. THE EVENT ATTRACTS OVER 430 ATTENDESS EACH YEAR FOR A...

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GOVERNOR'S CELEBRATION OF INNOVATION ( GCOI) - ANNUAL AWARDS GALA HONORING TECHNOLGY LEADERS, INNOVATORS, AND ACADEMICS FROM ACROSS THE STATE. THE EVENT ATTRACTS OVER 430 ATTENDESS EACH YEAR FOR A NIGHT OF NETWORKING, FOOD, DRINKS, AND ENTERTAINMENT. THE EVENT ALSO INCULDES THE TECH SHOWCASE THAT FEATURES OVER 50 ARIZONA COMPAINES SHOWCASING THEIR INNOVATIONS. THESE COMPAINES INCULDE THE AWARD FINALISTS, FUTURE INNOVATORS AND GCOI SPONSORS.

Program 2

TECH AND BUSINESS EXPO - THE SOUTHERN ARIZONA TECH AND BUSINESS EXPO IS THE BIGGEST TECHNOLOGY EVENT OF THE YEAR IN TUCSON. ATTRACTING OVER 437 ATTENDEES AND OVER 67 EXHIBITORS, THE EVENT INCLUDES...

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TECH AND BUSINESS EXPO - THE SOUTHERN ARIZONA TECH AND BUSINESS EXPO IS THE BIGGEST TECHNOLOGY EVENT OF THE YEAR IN TUCSON. ATTRACTING OVER 437 ATTENDEES AND OVER 67 EXHIBITORS, THE EVENT INCLUDES EDUCATION, NETWORKING, AND A TECHNOLOGY AWARDS CEREMONY. EXHIBITORS ARE ENCOURAGED TO SHOWCASE THE TECHNOLOGIES INVOLVED IN THEIR PRODUCTS AND SERVICES.

Program 3

CEO LEADERSHIP RETREAT - A TWO-DAY CEO RETREAT THAT GATHERS BUSINESS OWNERS, PRESIDENTS, AND CEOS FOR GOLF, NETWORKING, PANELS, PRESENTATIONS, KEYNOTES, AND WORKSHOPS, THIS EVENT IS ONLY OPEN TO...

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CEO LEADERSHIP RETREAT - A TWO-DAY CEO RETREAT THAT GATHERS BUSINESS OWNERS, PRESIDENTS, AND CEOS FOR GOLF, NETWORKING, PANELS, PRESENTATIONS, KEYNOTES, AND WORKSHOPS, THIS EVENT IS ONLY OPEN TO ORGANIZATIONS' HIGHEST-RANKING EXECUTIVE AND EVENT SPONSORS. 53 ATTENDEES.

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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 $195,822
Program Service Revenue $1,580,717
Investment Income $8,532
Other Revenue $189,681
TOTAL REVENUE $1,974,752

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,113,784
Fundraising Expenses $0
Other Expenses $909,088
TOTAL EXPENSES $2,022,872

Year-over-Year Comparison

2024 2023 Change
Revenue $1,974,752 $2,005,187 0.0%
Expenses $2,022,872 $2,072,802 0.0%
Net Income $-48,120 $-67,615 -0.3%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
38
Independent Members
37
Employees
11
Volunteers
250

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
$335,280
Total Directors
38
$335,280
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX IUORIO BOARD CHAIR 1.00
Officer Director
$0 $0 $0
CHRISTINE BOLES VICE CHAIR 1.00
Officer Director
$0 $0 $0
ERIC LEWIS TREASURER 1.00
Officer Director
$0 $0 $0
JONATHON TALCOTT SECRETARY 1.00
Officer Director
$0 $0 $0
STEVEN ZYLSTRA PRESIDENT/CEO 40.00
Officer Director
$322,824 $12,456 $335,280
AMIT BHANDARI DIRECTOR 1.00
Director
$0 $0 $0
AMY WALTERS DIRECTOR 1.00
Director
$0 $0 $0
CALLINE SANCHEZ DIRECTOR 1.00
Director
$0 $0 $0
CAROL STEWART DIRECTOR 1.00
Director
$0 $0 $0
CHUCK VERMILLION DIRECTOR 1.00
Director
$0 $0 $0
DAVID BOLMAN DIRECTOR 1.00
Director
$0 $0 $0
IVONNE MAY DIRECTOR 1.00
Director
$0 $0 $0
JAN JANICK DIRECTOR 1.00
Director
$0 $0 $0
JEFF UNRUH DIRECTOR 1.00
Director
$0 $0 $0
KEITH LATCHAW DIRECTOR 1.00
Director
$0 $0 $0
KEVIN CAMPBELL DIRECTOR 1.00
Director
$0 $0 $0
KURT M VANDENBUSSCHE DIRECTOR 1.00
Director
$0 $0 $0
MARK GOLDSTEIN DIRECTOR 1.00
Director
$0 $0 $0
MATT GRANT DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL CURLEY DIRECTOR 1.00
Director
$0 $0 $0
MIKE GAUMOND DIRECTOR 1.00
Director
$0 $0 $0
REETIKA DHAWAN DIRECTOR 1.00
Director
$0 $0 $0
SANDRA WATSON DIRECTOR 1.00
Director
$0 $0 $0
SHEILA KLOEFKORN DIRECTOR 1.00
Director
$0 $0 $0
TODD KOMAROMY DIRECTOR 1.00
Director
$0 $0 $0
TODD RUSSELL DIRECTOR 1.00
Director
$0 $0 $0
ERIC MILLER DIRECTOR 1.00
Director
$0 $0 $0
RICK CRUTCHLEY DIRECTOR 1.00
Director
$0 $0 $0
REBECCA CLYDE DIRECTOR 1.00
Director
$0 $0 $0
MATT BLAIR DIRECTOR 1.00
Director
$0 $0 $0
LISA REHUREK DIRECTOR 1.00
Director
$0 $0 $0
KATIE SCHWERTZ DIRECTOR 1.00
Director
$0 $0 $0
GRACE O'SULLIVAN DIRECTOR 1.00
Director
$0 $0 $0
JASON PFAFF DIRECTOR 1.00
Director
$0 $0 $0
PATRICK MARCUS DIRECTOR 1.00
Director
$0 $0 $0
BRIAN DARBY DIRECTOR 1.00
Director
$0 $0 $0
ANNE DOUGHERTY DIRECTOR 1.00
Director
$0 $0 $0
ART TAYLOR DIRECTOR 1.00
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
2024 $1,974,752 $2,022,872 $326,214 $-48,120
2023 $2,005,187 $2,072,802 $623,393 $-67,615
2022 $2,393,813 $2,121,239 $686,157 $272,574
2021 $1,960,738 $2,116,626 $832,086 $-155,888
2020 $1,425,864 $1,424,720 $508,462 $1,144
2019 $1,728,586 $1,770,693 $338,004 $-42,107
2018 $1,675,913 $1,651,621 $481,100 $24,292
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