TECHNOLOGY FOR SOCIAL CHANGE AND DEVELOPMENT INITI

EIN: 863488891 501(c)(3) Science & Technology

WASHINGTON, DC

Total Revenue
$286,969
Total Expenses
$288,917
Total Assets
$395
Net Assets
$395
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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
DC
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

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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 (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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
2

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
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
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