Totals
- Total revenue
- $587,126
- Total expenses
- $950,680
- Contributions and grants received
- $587,126
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $590,126
- Total liabilities, end of year
- $451,020
- Net assets or fund balances, end of year
- $139,106
- Program services expenses (Part IX)
- $948,580
- Management and general expenses
- $2,100
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $948,580
Program services were 99.8% 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.
-
1d · Related organizations
$175,000
-
1f · All other contributions, gifts and grants
$412,126
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $473,382 · program services $473,382
-
8 · Pension plan contributions
total $12,432 · program services $12,432
-
9 · Other employee benefits
total $41,507 · program services $41,507
-
10 · Payroll taxes
total $34,724 · program services $34,724
-
11c · Fees: accounting
total $2,100 · management and general $2,100
-
11g · Fees: other
total $17,690 · program services $17,690
-
12 · Advertising and promotion
total $705 · program services $705
-
13 · Office expenses
total $33 · program services $33
-
14 · Information technology
total $78 · program services $78
-
17 · Travel
total $1,048 · program services $1,048
-
19 · Conferences, conventions and meetings
total $6,315 · program services $6,315
-
24a · Other expenses: PROGRAM EXPENSE
total $355,362 · program services $355,362
-
24b · Other expenses: OTHER EXPENSE
total $5,184 · program services $5,184
-
24c · Other expenses: MEALS & ENTERTAINMENT
total $78 · program services $78
-
24d · Other expenses: DUES AND SUBSCRIPTIONS
total $42 · program services $42
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $396,156 · end of year $286,432
-
3 · Pledges and grants receivable
beginning of year $11,194 · end of year $126,694
-
15 · Other assets
beginning of year $408,592 · end of year $177,000
-
17 · Accounts payable and accrued expenses
beginning of year $1,838 · end of year $19,594
-
25 · Other liabilities
beginning of year $311,444 · end of year $431,426
-
27 · Net assets without donor restrictions
beginning of year $502,660 · end of year $9,106
-
28 · Net assets with donor restrictions
end of year $130,000
Mission and programs · 2022
Mission
DEVELOP DIVERSE SOURCES OF TECH TALENT AND STARTUPS FROM K-12, UNIVERSITY, AND NON-TRADITIONAL CAREER PATHWAYS
-
TALENT RESKILLING/UPSKILLING: WE PROVIDE OPPORTUNITIES FOR UPSKILLING AND RESKILLING TO EXPAND BOTH THE CAPACITY AND DIVERSITY OF OUR TECH TALENT. SIGNATURE PROGRAMS INCLUDE TECH APPRENTICESHIPS A PREFERRED PROVIDER RESKILLING NETWORK FOR NON-TRADITIONAL SKILLS DEVELOPMENT, AND AI UPSKILLING. WE LEVERAGE STATE AND FEDERAL GRANTS TO OFFSET THE COSTS AND RISKS SO THAT EMPLOYERS CAN INVEST IN RESKILLING AND UPSKILLING.
Expenses $455,360
-
TALENT K20: RECOGNIZING THAT DEVELOPING DIVERSE TECH TALENT IS CRITICAL TO A VIBRANT TECH COMMUNITY, THE COALITION SUPPORTS TECHNOLOGY EDUCATION AND OPPORTUNITIES TO ATTRACT, DEVELOP, AND RETAIN DIVERSE REGIONAL STUDENTS TO CREATE A STRONG EARLY TALENT PIPELINE. SIGNATURE PROGRAMS INCLUDE HOUR OF TECH AND FUSE.
Expenses $249,191
-
TALENT ATTRACTION/RETENTION: SUPPORT PROGRAMS AND EFFORTS TO ATTRACT TECH WORKERS TO THE REGION AND ENSURE EXISTING TECH WORKS CHOOSE TO REMAIN. SIGNATURE ASSETS INCLUDE CHOOSEMKETECH.ORG TO SHOWCASE OUR REGION.
Expenses $180,279
-
STARTUP: SCALABLE TECH STARTUPS DRIVE INNOVATION AND EMPLOYMENT. THE COALITION SUPPORTS START UP FIRMS THROUGHOUT THEIR LIFE CYCLE THROUGH FUNDING AND MENTORING PROGRAMS. SIGNATURE PROGRAMS INCLUDE OUR FOR-M INCUBATOR.
Expenses $63,750
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Molly MulroyMOLLY MULROY
CHAIR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Sangeetha RaiSANGEETHA RAI
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Dan RenouardDAN RENOUARD
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Rebecca JanutisREBECCA JANUTIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Wendy SchaferWENDY SCHAFER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Eric SennERIC SENN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Rashi KhoslaRASHI KHOSLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Gordon NameniGORDON NAMENI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Matt CordioMATT CORDIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Jason FieldsJASON FIELDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Mara LordMARA LORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Kathy HenrichKATHY HENRICH
CHIEF EXECUTIVE OFFICER
- Total calculated
- $297,340
- From this org
- $0
- From related orgs
- $262,500
- Other
- $34,840
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $220,500 related
- Bonus
- $0 + $42,000 related
- Other
- $0
- Deferred
- $0 + $7,083 related
- Nontaxable benefits
- $0 + $27,757 related
- Filer's total
- $0 + $297,340 related
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
None.
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
The filer's explanations (Part III)
- PART I, LINE 3
- THE COMPENSATION OF THE CEO IS DETERMINED BY THE ORGANIZATION'S RELATED ORGANIZATION, FOR-M, INC. THE FOLLOWING METHODS WERE USED BY FOR-M, INC. TO ESTABLISH THE CEO'S COMPENSATION: 1. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(6) · ECONOMIC DEVELOPMENT WITHING THE TECHNOLOGY INDUSTRY · WI
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 31 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333059349301818
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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