Skip to content
Nonprofiteer
← CENTRI TECH FOUNDATION

Form 990 for tax year 2025

Filed by CENTRI TECH FOUNDATION.

Totals

Total revenue
$699,793
Total expenses
$927,892
Contributions and grants received
$675,000
Grants paid
$0
Program service revenue
$15,000
Investment income
$9,793
Other revenue
$0
Total assets, end of year
$933,363
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$933,363
Program services expenses (Part IX)
$719,182
Management and general expenses
$108,710
Fundraising expenses
$100,000
Program service expenses (Part III)
$719,182

Program services were 77.5% 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.

  • 1f · All other contributions, gifts and grants

    $675,000

  • 2a · Program service revenue: CENTRI LIFE LICENSE FE

    total $15,000 · related or exempt $15,000

  • 3 · Investment income

    total $9,793 · excluded $9,793

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $209,010 · program services $206,919 · management and general $2,091

  • 7 · Other salaries and wages

    total $204,607 · program services $202,561 · management and general $2,046

  • 9 · Other employee benefits

    total $39,065 · program services $38,675 · management and general $390

  • 10 · Payroll taxes

    total $33,391 · program services $33,057 · management and general $334

  • 11g · Fees: other

    total $187,862 · program services $109,375 · management and general $78,487

  • 13 · Office expenses

    total $3,699 · management and general $3,699

  • 14 · Information technology

    total $22,213 · program services $2,357 · management and general $19,856

  • 17 · Travel

    total $7,197 · program services $7,197

  • 22 · Depreciation, depletion and amortization

    total $34,041 · program services $34,041

  • 23 · Insurance

    total $1,657 · management and general $1,657

  • 24a · Other expenses: FUNDRAISING

    total $100,000 · fundraising $100,000

  • 24b · Other expenses: PAYMENTS TO AFFILIATES

    total $85,000 · program services $85,000

  • 24c · Other expenses: OTHER EXPENSES

    total $150 · management and general $150

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,059,340 · end of year $255,507

  • 2 · Savings and temporary cash investments

    end of year $609,775

  • 10a · Land, buildings and equipment: cost or other basis

    $102,122

  • 10b · Land, buildings and equipment: accumulated depreciation

    $34,041

  • 10c · Land, buildings and equipment, net

    beginning of year $102,122 · end of year $68,081

  • 27 · Net assets without donor restrictions

    beginning of year $1,161,462 · end of year $933,363

Mission and programs · 2025

Mission

CENTRI TECH FOUNDATION SUPPORTS LOCAL COMMUNITY DEVELOPMENT ORGANIZATIONS TO SOLVE PROBLEMS IN THEIR COMMUNITY BY BRINGING TOGETHER STAKEHOLDERS TO CREATE SUSTAINABLE ASSET BUILDING SOLUTIONS THAT YIELD LONG TERM ECONOMIC, HEALTH AND EDUCATIONAL ENHANCEMENT TO ITS RESIDENTS BY LEVERAGING TECHNOLOGY AND INNOVATIVE SOLUTIONS.

  • DIGITAL ADVANCEMENT PROGRAMINITIATED A PARTNERSHIP WITH THE GEORGE GUND FOUNDATION TO SUPPORT A DISCOVERY OF THE SYSTEMS OF SUPPORT FOR RESIDENTS EXPERIENCING HOUSING INSTABILITY IN CUYAHOGA COUNTY, OH, AND IDENTIFY OPPORTUNITIES FOR SOLUTIONS TO IMPROVE OUTCOMES. MAINTAINED AND ENHANCED 40 PROPERTY-BASED ITERATIONS OF CENTRI LIFE, CTF'S ONLINE PLATFORM THAT OFFERS LIFE-ENHANCING RESIDENT SERVICES TO HOUSING PROVIDERS WITH 8,000 UNITS OF LOW-INCOME HOUSING ACROSS 15 STATES. DURING 2025, 3 NEW CUSTOM CENTRI LIFE SITES WERE ADDED IN ORLANDO, FL, IN PARTNERSHIP WITH WENDOVER HOUSING. ADOPTION PROMOTIONS WERE HELD AT 40 PARTNER PROPERTIES. DATA REFRESH AND GEOSPATIAL DATA MAPPING OF DIGITAL ADVANCEMENT MUNICIPAL INDEX.

    Expenses $398,624

  • SOCIAL JUSTICE INNOVATION AWARDSCTF COMPLETED IMPLEMENTATION OF THE SOCIAL JUSTICE INNOVATION AWARDS. LAUNCHED IN 2021 IN PARTNERSHIP WITH MORGAN STANLEY, THE PROGRAM IDENTIFIED AND REWARDED SOCIAL ENTREPRENEURS WITH BREAKTHROUGH IDEAS FOR SOCIAL CHANGE. THE WINNERS OF THE SJIA RECEIVED GRANTS AND SUPPORT TO DEVELOP THEIR INNOVATIONS. IN TOTAL, CTF RE-GRANTED $2.75M TO 11 INNOVATORS LEADING TECH-BASED SOLUTIONS FOR A VARIETY OF SOCIAL CHALLENGES FROM YOUTH MENTAL HEALTH TO ACCESS TO TECHNOLOGY, EDUCATION, PUBLIC BENEFITS, SECOND CHANCE OPPORTUNITIES, AND INDIGENOUS LANGUAGE PRESERVATION. WINNERS JOINED A 9-MONTH FELLOWSHIP COHORT DESIGNED TO PROMOTE COLLABORATION, BUILD LEADERSHIP CAPACITY, AND INCREASE THEIR ACCESS TO NETWORKS.

    Expenses $44,759

  • DIGITAL INTEGRATORS PROGRAMSPONSORED A SECOND AI FOR ENTREPRENEURS WORKSHOP, PROVIDING AI SCHOLARSHIPS TO 20 ASPIRING ENTREPRENEURS WHO RECEIVED LAPTOPS, SOFTWARE AND A TUITION-FREE AI BOOTCAMP. CONTINUED IMPLEMENTATION OF THE VERIZON COMMUNITY ENHANCEMENT AWARD TO SUPPORT A DIGITAL SKILLS AND WORKFORCE DEVELOPMENT INITIATIVE IN MD, PA AND DC. MAINTAINED DIGITAL TOOLS FOR JOB SEEKERS AS PART OF COMMUNITY SKILLS CONNECT, AN INITIATIVE TO HELP LOW-INCOME RESIDENTS NAVIGATE LOCAL WORKFORCE DEVELOPMENT RESOURCES AND ACCESS DIGITAL SKILLS TRAINING.

    Expenses $275,799 · Revenue $15,000

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Rey Ramsey

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Wendell Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Clyde Edwards

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Marta Urquilla

    PRESIDENT

    Total calculated
    $209,009
    From this org
    $181,450
    From related orgs
    $0
    Other
    $27,559
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,450
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $27,559
    Filer's total
    $209,009

  • Michael Staples

    TREASURER & SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Steven Teplitz

    GENERAL COUNSEL

    Total calculated
    $0
    Hours/week
    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. 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 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • CENTRI TECH LLC

    UNRELATED · TECHNOLOGY · DC

Provenance

Return type
form_990
Tax year
2025
Filed
4 September 2026
IRS schema version
2025v4.2
Source object
202602519349302020

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

The source document this was parsed from is served over the API, which is where bulk and document access live.