TECHNOLOGY FOR SOCIAL CHANGE AND D… - Form 990 Financial Data

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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

2021

Legal Domicile

Phone

5715917036

Tax Period

2025-01-01 to 2025-12-31

TECHNOLOGY FOR SOCIAL CHANGE AND DEVELOPMENT INITI, founded in 2021, is a small nonprofit in the Science & Technology sector that reported $287K in total revenue in fiscal year 2025. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

OUR MISSION IS TO CREATE OPPORTUNITIES AND PLATFORMS FOR AFRICANS AND MARGINALIZED GROUPS TO ACCESS DECENT WORK AND ENTREPRENEURSHIP THROUGH DIGITAL SKILLS EMPOWERMENT AND ADVOCACY

Program Service Accomplishments

Program 1

Expenses: $204,872

DURING THE YEAR, WE ORGANIZED A SIDE EVENT FOR NATIONAL IDENTITY MANAGEMENT COMMISSION(NIMC) DURING UNITED NATIONS GENERAL ASSEMBLY UNGA80 FUNDED BY THE WORLD BANK

Program 2

Expenses: $84,000

WE WORKED WITH TECH4DEV IN NIGERIA ON WOMEN TECHSTERS. TECH4DEVS WOMEN TECHSTERS PROGRAM IS REVOLUTIONIZING THE TECH INDUSTRY BY EMPOWERING ASPIRING WOMEN WITH SKILLS AND OPPORTUNITIES. THROUGH ITS COMPREHENSIVE CURRICULUM AND SUPPORTIVE COMMUNITY, IT IS BRIDGING THE GENDER GAP AND FOSTERING DIVERSITY AND INNOVATION.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $286,969

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $286,969

Expense Breakdown

Grants Paid $84,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $288,872

Other Expenses $204,917

TOTAL EXPENSES $288,917

Year-over-Year Comparison

	2025	2024	Change
Revenue	$286,969	$237,433	+0.2%
Expenses	$288,917	$235,302	+0.2%
Net Income	$-1,948	$2,131	-1.9%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OLADIWURA OLADEPO	EXEC DIRECTOR	10.00	Officer Director	$0	$0	$0
JOEL OGUNSOLA	PRESIDENT	10.00	Officer Director	$0	$0	$0
OLUSEUN ONIGBINDE	SECRETARY	10.00	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	$286,969	$288,917	$395	$-1,948
2024	$237,433	$235,302	$2,343	$2,131

TECHNOLOGY FOR SOCIAL CHANGE AND DEVELOPMENT INITI