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Nonprofiteer
← TECHNOLOGY EDUCATION FOUNDATION INC

Form 990 for tax year 2022

Filed by TECHNOLOGY EDUCATION FOUNDATION INC.

Totals

Total revenue
$143,773
Total expenses
$164,764
Contributions and grants received
$267,034
Grants paid
$139,286
Program service revenue
$0
Investment income
$18,419
Other revenue
-$141,680
Total assets, end of year
$990,208
Total liabilities, end of year
$11,830
Net assets or fund balances, end of year
$978,378
Program services expenses (Part IX)
$139,286
Management and general expenses
$25,478
Fundraising expenses
$0
Program service expenses (Part III)
$139,286

Program services were 84.5% 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.

  • 1c · Fundraising events

    $115,045

  • 1f · All other contributions, gifts and grants

    $151,989

  • 3 · Investment income

    total $10,742 · excluded $10,742

  • 7a · Gross sales of assets other than inventory

    securities $7,677

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $7,677

  • 7d · Net gain or loss

    total $7,677 · excluded $7,677

  • 8a · Fundraising events: gross income

    $63,678

  • 8a · Fundraising events: contributions included on line 1c

    $115,045

  • 8b · Fundraising events: direct expenses

    $205,358

  • 8c · Net income from fundraising events

    total -$141,680 · excluded -$141,680

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $139,286 · program services $139,286

  • 7 · Other salaries and wages

    total $18,101 · management and general $18,101

  • 11c · Fees: accounting

    total $5,249 · management and general $5,249

  • 13 · Office expenses

    total $443 · management and general $443

  • 23 · Insurance

    total $1,685 · management and general $1,685

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $158,582 · end of year $36,737

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,800 · end of year $3,800

  • 11 · Investments: publicly traded securities

    beginning of year $961,249 · end of year $949,671

  • 19 · Deferred revenue

    beginning of year $14,265 · end of year $11,830

  • 27 · Net assets without donor restrictions

    beginning of year $1,109,366 · end of year $978,378

Mission and programs · 2022

Mission

SUPPORT THE ADVANCEMENT AND EDUCATION OF INDIVIDUALS BY PROVIDING INFORMATION TECHNOLOGY HARDWARE AND SOFTWARE TO PUBLIC SCHOOLS, LIBRARIES, OR OTHER NON-PROFIT EDUCATIONAL ORGANIZATIONS WITH A FACILITY FOR INDIVIDUALS TO LEARN TO USE SUCH COMPUTER EQUIPMENT.

  • GRANTED FUNDS WHICH HELPED TO FUND THE PURCHASE OF COMPUTERS AND COMPUTER EQUIPMENT FOR USE IN VARIOUS CLASSROOMS.

    Expenses $55,420 · Grants $55,420

  • GRANTED FUNDS WHICH HELPED TO FUND INITIATIVES FOR TECHNOLOGY TRAINING AND CLASSROOM PROGRAMS.

    Expenses $83,866 · Grants $83,866

As filed on the 2022 return.

Listed in Part VII

  • JAMES G BERBEE

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • PAUL S SHAIN

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • BRETT M RIMKUS

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    0.5

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.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
18 July 2023
IRS schema version
2022v5.0
Source object
202321999349301522

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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