Form 990 for tax year 2023

Totals

Total revenue

$2,063,369

Total expenses

$2,048,022

Contributions and grants received

$1,158,830

Grants paid

$170,359

Program service revenue

$114,660

Investment income

$785,034

Other revenue

$4,845

Total assets, end of year

$17,247,320

Total liabilities, end of year

$205,785

Net assets or fund balances, end of year

$17,041,535

Program services expenses (Part IX)

$1,273,468

Management and general expenses

$666,819

Fundraising expenses

$107,735

Program service expenses (Part III)

$1,273,468

Program services were 62.2% 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.

Mission and programs · 2023

• 1. JEFFREY M. HAITKIN '62 FACULTY GRANTS PROGRAM PROVIDING $2.8 MILLION IN MORE THAN 1,100 GRANTS SINCE ITS INCEPTION, IN SUPPORT OF INNOVATIVE INSTRUCTION, SPECIALIZED TRAINING, PROFESSIONAL DEVELOPMENT, AND ENHANCED EDUCATIONAL EXPERIENCES. THE PROGRAM IS A PARTNERSHIP WITH THE SCHOOL ADMINISTRATION AND THE PARENT ASSOCIATION. 80 APPLICATIONS WERE RECEIVED, AND 74 GRANTS WERE AWARDED IN FY24. FUNDING SOURCES INCLUDE TEMPORARY AND PERMANENTLY RESTRICTED FUNDS.2. THE BROOKLYN TECH FUTURE WORLD VISION STEM PATHWAYS CONSORTIUM A GROUND-BREAKING INITIATIVE PAIRING BROOKLYN TECH WITH SEVEN BROOKLYN MIDDLE SCHOOLS TO UTILIZE THE AMERICAN SOCIETY OF CIVIL ENGINEERS' FUTURE WORLD VISION PROJECT TO INSPIRE STUDENTS TO PURSUE A STEM EDUCATION AND RELATED CAREERS. EACH OF THE MIDDLE SCHOOLS HAS A STEM CHAMPION TEACHER AND AN ALGEBRA INITIATIVE TEACHER WHO WORK WITH BROOKLYN TECH STEM LEADER TEACHERS AND A MATH COACH. THE TOTAL POPULATION OF THE CONSORTIUM SCHOOLS IS 2,370 STUDENTS WITH AT LEAST 70% OF EACH MIDDLE SCHOOL'S POPULATION BEING AFRICAN AMERICAN OR HISPANIC/LATINX. AN ANNUAL DECEMBER CONSORTIUM MEETING AT BTHS IS HELD TO BRING TOGETHER STUDENTS, PARENTS AND FACULTY FROM EACH MIDDLE SCHOOL. OVER 300 BROOKLYN TECH STUDENTS AND 15 BROOKLYN TECH FACULTY PARTICIPATE AS HOSTS AND LEADERS. THE PROGRAM CONSISTS OF AN OPENING SESSION, TOURS FOR STUDENTS AND PARENTS, A PARENT SESSION, STEM ACADEMY WORKSHOPS, AND A CLOSING SESSION. AN ANNUAL MAY CONSORTIUM CONFERENCE AT BTHS TO LOOK BACK AT THE YEAR, SHARE STUDENT WORK AND LOOK TO THE NEXT YEAR. THE OPENING SESSION INCLUDES A WELCOME FROM A LEADER OF THE AMERICAN SOCIETY OF CIVIL ENGINEERS. SHSAT PREP EACH SCHOOL IS ENCOURAGED TO OFFER AN SHSAT PREP COURSE. DURING FY2024 THE ALUMNI FOUNDATION SPONSORED AN SHSAT PREP SCHOLARSHIP PROGRAM ATTENDED BY 25 STUDENTS FROM THE CONSORTIUM MIDDLE SCHOOLS.3. LEANDRO RIZZUTO '56 INTERNSHIP PROGRAMS PROVIDING INTERNSHIP AND VOLUNTEER OPPORTUNITIES TO HUNDREDS OF STUDENTS EACH YEAR. WE WORK WITH THE SCHOOL WORK BASED LEARNING DIRECTOR TO HELP PROVIDE OVER 300 INTERNSHIP EXPERIENCES ANNUALLY. OUR BROOKLYN TECH/ CON EDISON INTERNSHIP PROGRAM IS A MODEL. IT PROVIDES A COHORT OF BROOKLYN TECH RISING SENIORS AN EXCEPTIONAL SUMMER INTERNSHIP EXPERIENCE. LAST SUMMER, 20 INTERNS PARTICIPATED IN THE PROGRAM. 4. ANNUAL ENGINEERS' WEEK: WEEK OF EVENTS CENTERED ON ENGINEERING AND INVOLVES PROFESSIONALS AND ALUMNI. THIS PROGRAM IS POSSIBLE THROUGH OUR PARTNERSHIP WITH BROOKLYN TECH'S CHAPTER OF THE NATIONAL SOCIETY OF BLACK ENGINEERS (NSBE).5. MATERIALS TESTING LAB: WE HAVE REPURPOSED AN OLD SHOP INTO A STATE-OF-THE-ART MATERIAL TESTING LAB TO BE USED MOSTLY BY THE CIVIL ENGINEERING STUDENTS. OTHER STUDENTS USING THE LAB WILL BE FROM ARCHITECTURE, PHYSICS AND INDUSTRIAL DESIGN. FURNITURE WAS INSTALLED AND WE HAVE NOW BEGUN TO ADD STATE-OF-THE-ART TESTING EQUIPMENT THAT MEETS UNIVERSITY AND INDUSTRY STANDARDS. A UNIVERSAL TESTING MACHINE HAS BEEN ADDED TO THE LAB AND THIS LAB IS IN CURRENT USE. 6. URBAN LAND INSTITUTE: PROVIDE INNOVATIVE PROJECTS FOR ECONOMICS CLASSES TO CREATE AN UNDERSTANDING OF URBAN DEVELOPMENT.7. CAREER DAY: BRINGS 200 ALUMNI TO THE SCHOOL TO SPEAK TO A RANGE OF CLASSES CONCENTRATED IN 18 MAJOR AREAS. OVER 5000 STUDENTS BENEFIT FROM CAREER DAY; AS A RESULT OF THIS DAY, THERE ARE ALUMNI WHO HELP ESTABLISH INTERNSHIPS FOR STUDENTS AND VISITATION OPPORTUNITIES FOR FACULTY. CAREER DAY DID NOT TAKE PLACE IN FY24 DUE TO STAFF LIMITATIONS AND RESUMES IN FY25.SCHOLARSHIPS/AWARDS: 41 SCHOLARSHIPS/SENIOR AWARDS TOTALING $105,500 WERE DISPERSED TO STUDENTS FOR FYE 6/30/2024

  Expenses $325,364 · Grants $170,359 · Revenue $4,845

• ALUMNI ENGAGEMENT PROGRAM: THIS PROGRAM FOSTERS TIES WITH ITS ALUMNI TO SUPPORT EDUCATIONAL PROGRAMS TO INCLUDE THE FOLLOWING:HOMECOMING: AN ANNUAL EVENT THAT HIGHLIGHTS BROOKLYN TECH'S EDUCATIONAL PROGRAMS. IT INVOLVES APPROXIMATELY 500 STUDENTS AS WELL AS CURRENT AND RETIRED FACULTY. THE IKE HELLER '43 CENTER FOR COMPUTER INTEGRATED MANUFACTURING AND ROBOTICS: A STATE-OF-THE ART FACILITY FOR STUDENT LEARNING, PROFESSIONAL DEVELOPMENT AND CAREER PREPARATION. THE CENTER HAS UNDERGONE A NUMBER OF ITERATIONS TO MAKE CUTTING EDGE TECHNOLOGY AVAILABLE TO BOTH STUDENTS AND TEACHERS. IT PROVIDES STUDENTS AND FACULTY WITH A HIGH TECH, LEARNING ENVIRONMENT THAT MEETS UNIVERSITY AND INDUSTRY STANDARDS. IN THE CENTER, STUDENTS IN THE ELECTRICAL ENGINEERING, MECHATRONICS, AND ROBOTICS CLASSES CONVERT COMPUTER-ASSISTED DESIGNS INTO THREE-DIMENSIONAL PROTOTYPES USING 3D PRINTERS AND UTILIZE CNC MACHINES TO MANUFACTURE THE PARTS.RECENT ALUMNI DAY: ALUMNI WHO HAVE GRADUATED DURING THE LAST FIVE YEARS, COME BACK TO TECH TO MEET WITH CLASSES. THEY DISCUSS COLLEGE LIFE, CAREER PATHWAYS AND OTHER POST-SECONDARY OPPORTUNITIES. THEY ALSO DISCUSS HOW TECH PREPARED THEM FOR COLLEGE. THE PROGRAM ATTENDED BY OVER 300 ALUMNI.RUBY ENGINEERS: CONNECTS CURRENT TECH FEMALE STUDENTS TO OUR FEMALE GRADUATES. PROVIDES SESSIONS ON COLLEGE AND CAREER OPTIONS, RESUME WRITING AND INTERVIEWING AND INTRODUCES CURRENT STUDENTS TO THE VAST NETWORK OF WOMEN PROFESSIONALS WHO HAVE GRADUATED FROM TECH. THIS PROGRAM IS ON A TEMPORARY HIATUS DUE TO STAFF CAPACITY.

  Expenses $523,900 · Revenue $114,660

• THE WESTON RESEARCH SCHOLARS PROGRAM (WRSP): THIS PROGRAM IS DESIGNED TO PROVIDE STUDENTS WITH A THREE-YEAR OPPORTUNITY TO PARTICIPATE IN THE CREATION OF RESEARCH PROJECTS. THE WRSP BUILDS ON BROOKLYN TECH'S STRONG STEM-BASED CURRICULUM, THE EXCEPTIONAL TALENTS OF BROOKLYN TECH FACULTY AND STUDENTS, AND THE TREMENDOUS RESEARCH OPPORTUNITIES AT NYC COLLEGES, UNIVERSITIES AND RESEARCH FACILITIES. THE PROGRAM IS UNIQUE IN ITS STRUCTURE, INCORPORATING AN INTERNAL MENTOR MODEL CONSISTING OF BROOKLYN TECH TEACHERS WITH RESEARCH EXPERIENCE, STUDENT RESEARCH TEAMS, ONGOING ACTIVITIES THROUGH THE ACADEMIC YEAR AND SUMMER, AND EXTERNAL MENTORS AT MULTIPLE COLLEGES, UNIVERSITIES AND RESEARCH FACILITIES. THE STUDENTS WHO PARTICIPATE IN THIS PROGRAM DEVELOP PROJECTS THAT ARE WORTHY OF SUBMISSION TO THE REGENERON SCIENCE TALENT SEARCH, REGENERON SCIENCE AND ENGINEERING FAIR, THE GOOGLE SCIENCE FAIR, ACT-SO. APPROXIMATELY 110 STUDENTS ARE ENROLLED WITH FIVE TEACHERS SERVING AS MENTORS.

  Expenses $424,204

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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 March 2025

IRS schema version

2023v6.0

Source object

202500779349301205

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