Totals
- Total revenue
- $5,323,854
- Total expenses
- $5,620,167
- Contributions and grants received
- $5,189,739
- Grants paid
- $2,498,116
- Program service revenue
- $25,484
- Investment income
- $103,263
- Other revenue
- $5,368
- Total assets, end of year
- $6,054,841
- Total liabilities, end of year
- $1,036,004
- Net assets or fund balances, end of year
- $5,018,837
- Program services expenses (Part IX)
- $4,306,580
- Management and general expenses
- $870,924
- Fundraising expenses
- $442,663
- Program service expenses (Part III)
- $4,306,580
Program services were 76.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$4,005
-
1f · All other contributions, gifts and grants
$5,185,734
-
1g · Noncash contributions included above
$241,196
-
2a · Program service revenue: REGISTRATION FEES
total $15,484 · related or exempt $15,484
-
2b · Program service revenue: FEES FOR SERVICE
total $10,000 · related or exempt $10,000
-
3 · Investment income
total $65,611 · excluded $65,611
-
7a · Gross sales of assets other than inventory
securities $37,652
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $37,652
-
7d · Net gain or loss
total $37,652 · excluded $37,652
-
11a · Other revenue: OTHER INCOME
total $5,368 · excluded $5,368
-
11e · Other revenue, total
$5,368
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $2,498,116 · program services $2,498,116
-
5 · Compensation of officers, directors and key employees
total $345,942 · program services $172,971 · management and general $103,783 · fundraising $69,188
-
7 · Other salaries and wages
total $803,774 · program services $238,639 · management and general $400,078 · fundraising $165,057
-
8 · Pension plan contributions
total $36,254 · program services $9,061 · management and general $19,584 · fundraising $7,609
-
9 · Other employee benefits
total $32,720 · program services $14,642 · management and general $10,867 · fundraising $7,211
-
10 · Payroll taxes
total $81,804 · program services $38,425 · management and general $26,057 · fundraising $17,322
-
11b · Fees: legal
total $22,808 · management and general $22,808
-
11c · Fees: accounting
total $34,693 · program services $59 · management and general $34,634
-
11f · Fees: investment management
total $15,525 · management and general $15,525
-
11g · Fees: other
total $707,867 · program services $412,999 · management and general $127,537 · fundraising $167,331
-
12 · Advertising and promotion
total $571,518 · program services $559,407 · management and general $8,911 · fundraising $3,200
-
13 · Office expenses
total $19,997 · program services $5,315 · management and general $14,074 · fundraising $608
-
14 · Information technology
total $94,804 · program services $50,011 · management and general $43,149 · fundraising $1,644
-
17 · Travel
total $54,603 · program services $24,954 · management and general $26,156 · fundraising $3,493
-
22 · Depreciation, depletion and amortization
total $281,981 · program services $281,981
-
23 · Insurance
total $17,761 · management and general $17,761
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $696,569 · end of year $1,114,152
-
3 · Pledges and grants receivable
beginning of year $1,839,650 · end of year $1,663,416
-
9 · Prepaid expenses and deferred charges
beginning of year $28,869 · end of year $26,551
-
10a · Land, buildings and equipment: cost or other basis
$2,186,342
-
10b · Land, buildings and equipment: accumulated depreciation
$1,125,565
-
10c · Land, buildings and equipment, net
beginning of year $992,757 · end of year $1,060,777
-
11 · Investments: publicly traded securities
beginning of year $1,967,091 · end of year $2,189,945
-
17 · Accounts payable and accrued expenses
beginning of year $221,256 · end of year $366,100
-
18 · Grants payable
beginning of year $191,468 · end of year $528,638
-
23 · Secured mortgages and notes payable
beginning of year $145,017 · end of year $141,266
-
27 · Net assets without donor restrictions
beginning of year $2,002,252 · end of year $2,041,780
-
28 · Net assets with donor restrictions
beginning of year $2,964,943 · end of year $2,977,057
Mission and programs · 2023
Mission
TO CHAMPION ALL STUDENTS TO AND THROUGH THEIR EDUCATION AND INTO CAREERS AS PROFESSIONAL TECHNICIANS.
Activities or mission (Part I)
TO CHAMPION STUDENTS TO AND THROUGH THEIR EDUCATION AND INTO CAREERS AS PROFESSIONAL TECHNICIANS.
-
TECHFORCE FOUNDATION PROVIDED 1,365 SCHOLARSHIPS AND GRANTS TO STUDENTS WITH FINANCIAL NEED TO PURSUE THEIR EDUCATION AND CAREERS, UNDER ESTABLISHED PLATFORMS INCLUDING, BUT NOT LIMITED TO, TUITION SCHOLARSHIPS, EMERGENCY GRANTS, ADVANCED TRAINING SCHOLARSHIPS, RELOCATION GRANTS, CAMPUS FOOD PANTRY SUPPORT AND VETERANS AT WORK MILITARY TRANSITION AWARDS. TECHFORCE ALSO AWARDS MERIT-BASED SCHOLARSHIPS. GRANTS ALSO SUPPORT OTHER NONPROFITS; AS WELL AS HIGH SCHOOL CTE (CAREER AND TECHNICAL EDUCATION) PROGRAMS AND OVERALL SCHOLARSHIPS/GRANTS SUPPORT STUDENTS SEEKING POST-SECONDARY EDUCATION AS A PROFESSIONAL TECHNICIAN IN THE AREAS OF AUTOMOTIVE, DIESEL, COLLISION REPAIR, AVIATION, MOTORCYCLE, MARINE, MOTORSPORTS, RESTORATION, WELDING AND CNC MACHINING SO THEY CAN GET TO AND THROUGH THEIR EDUCATION AND FILL THE PIPELINE OF QUALIFIED INDUSTRY TECHNICIANS.
Expenses $2,498,116 · Grants $2,498,116
-
TECHFORCE'S CAREER EXPLORATION AND WORKFORCE DEVELOPMENT PROGRAMS SUPPORT THOSE INTERESTED IN PURSUING THE TECHNICIAN PROFESSION BY CONNECTING THEM THROUGH ITS ONLINE PROPRIETARY SOFTWARE PLATFORM TO RESOURCES, MENTORS, EDUCATION AND EMPLOYERS. TECHFORCE WORKS TO EDUCATE PEOPLE ABOUT THE CAREER AND DISPEL OUTDATED STIGMAS; PROVIDES HANDS-ON, EXPERIENTIAL OPPORTUNITIES FOR MIDDLE SCHOOL, HIGH SCHOOL AND POST-SECONDARY STUDENTS TO ENGAGE WITH TECHNOLOGY, STEM SKILLS, AND MENTORS; CONNECT THESE STUDENTS AND WORKING TECHS WITH RESOURCES, APPRENTICESHIPS, JOBS AND SCHOOLS IN ORDER TO ADVANCE THEIR EDUCATION AND CAREERS.
Expenses $1,808,464 · Revenue $25,484
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jennifer MaherJENNIFER MAHER
CEO/EXECUTIVE DIRECTOR
- Total calculated
- $345,942
- From this org
- $288,863
- From related orgs
- $0
- Other
- $57,079
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $257,405
- Bonus
- $31,458
- Other
- $0
- Deferred
- $33,057
- Nontaxable benefits
- $24,022
- Filer's total
- $345,942
-
Angela BabinANGELA BABIN
PRESIDENT/CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Jon VeselyJON VESELY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Paul HalschPAUL HALSCH
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Chris BlanchetteCHRIS BLANCHETTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark FernerMARK FERNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Matt HartfordMATT HARTFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Barrett CraneBARRETT CRANE
DIRECTOR (LEFT 02/23)
- Total calculated
- $0
- Hours/week
- 1
-
Cody MetcalfCODY METCALF
DIRECTOR (LEFT 11/23)
- Total calculated
- $0
- Hours/week
- 1
-
Mary MahoneyMARY MAHONEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michelle JohnsonMICHELLE JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kim McCulloughKIM MCCULLOUGH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Denise KingstromDENISE KINGSTROM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David EllisDAVID ELLIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
William WillettsWILLIAM WILLETTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dave SmithDAVE SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lisa MattkeLISA MATTKE
CHIEF OPERATIONS & FINANCE
- Total calculated
- $158,183
- From this org
- $158,183
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,000
- Bonus
- $11,183
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $158,183
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- THE BONUSES ARE BASED ON GOALS ACHIEVED AND BY THE DISCRETION OF THE BOARD.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403209349323270
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