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Nonprofiteer
← TEAM4TECH FOUNDATION

Form 990 for tax year 2024

Filed by TEAM4TECH FOUNDATION.

Totals

Total revenue
$3,544,166
Total expenses
$3,683,557
Contributions and grants received
$3,521,767
Grants paid
$510,400
Program service revenue
$0
Investment income
$0
Other revenue
$22,399
Total assets, end of year
$2,620,914
Total liabilities, end of year
$66,152
Net assets or fund balances, end of year
$2,554,762
Program services expenses (Part IX)
$2,855,916
Management and general expenses
$366,348
Fundraising expenses
$461,293
Program service expenses (Part III)
$2,855,916

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

    $3,521,767

  • 1g · Noncash contributions included above

    $184,973

  • 8a · Fundraising events: gross income

    $70,419

  • 8b · Fundraising events: direct expenses

    $49,038

  • 8c · Net income from fundraising events

    total $21,381 · excluded $21,381

  • 11a · Other revenue: OTHER INCOMES

    total $1,018 · related or exempt $1,018

  • 11e · Other revenue, total

    $1,018

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $213,350 · program services $213,350

  • 3 · Grants to foreign organizations and individuals

    total $297,050 · program services $297,050

  • 7 · Other salaries and wages

    total $1,656,601 · program services $1,275,582 · management and general $115,963 · fundraising $265,056

  • 9 · Other employee benefits

    total $2,366 · program services $1,822 · management and general $165 · fundraising $379

  • 10 · Payroll taxes

    total $137,439 · program services $105,828 · management and general $9,621 · fundraising $21,990

  • 11b · Fees: legal

    total $8,085 · management and general $8,085

  • 11c · Fees: accounting

    total $71,564 · management and general $71,564

  • 11g · Fees: other

    total $803,648 · program services $571,179 · management and general $152,847 · fundraising $79,622

  • 17 · Travel

    total $331,425 · program services $265,140 · fundraising $66,285

  • 19 · Conferences, conventions and meetings

    total $52,909 · program services $42,327 · fundraising $10,582

  • 23 · Insurance

    total $12,294 · program services $9,466 · management and general $861 · fundraising $1,967

  • 24a · Other expenses: SUPPLIES

    total $63,613 · program services $48,982 · management and general $4,453 · fundraising $10,178

  • 24b · Other expenses: MISCELLANEOUS

    total $18,185 · program services $13,618 · management and general $1,737 · fundraising $2,830

  • 24c · Other expenses: TAXES, LICENSES, PERMIT

    total $10,552 · program services $8,125 · management and general $739 · fundraising $1,688

  • 24d · Other expenses: MEMBERSHIP DUES

    total $2,789 · program services $2,148 · management and general $195 · fundraising $446

  • 24e · All other expenses

    total $1,687 · program services $1,299 · management and general $118 · fundraising $270

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,931,103 · end of year $358,566

  • 2 · Savings and temporary cash investments

    beginning of year $77

  • 3 · Pledges and grants receivable

    beginning of year $659,367 · end of year $2,203,057

  • 4 · Accounts receivable

    beginning of year $53,650

  • 9 · Prepaid expenses and deferred charges

    beginning of year $65,391 · end of year $20,093

  • 15 · Other assets

    beginning of year $27,104 · end of year $39,198

  • 17 · Accounts payable and accrued expenses

    beginning of year $35,049 · end of year $66,152

  • 19 · Deferred revenue

    beginning of year $7,500

  • 27 · Net assets without donor restrictions

    beginning of year $879,174 · end of year $175,332

  • 28 · Net assets with donor restrictions

    beginning of year $1,814,969 · end of year $2,379,430

Mission and programs · 2024

Mission

TEAM4TECH BUILDS CAPACITY FOR COMMUNITY-BASED NONPROFITS SERVING UNDER-RESOURCED AREAS WORLDWIDE, IMPROVING EDUCATION THAT ULTIMATELY PREPARES LEARNERS FOR BETTER JOBS.

  • WE SUPPORT PARTNER NGOS WITH TECHNOLOGY GRANTS AND TRAINING, SO THEY CAN USE EVIDENCE-BASED PRACTICES AND TECH-SUPPORTED TOOLS TO BUILD SKILLS FOR THEIR LEARNERS.

    Expenses $2,855,916 · Grants $510,400 · Revenue $1,018

As filed on the 2024 return.

Listed in Part VII

  • Lila Ibrahim

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1.25
  • John Solomon

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Srilatha Raghavan

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.25
  • Paul Kim

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25
  • Paula Mariwala

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25
  • Jennifer Cotter Otieno

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25
  • Vikas Pota

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25
  • Shravanti Chakraborty

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25
  • Claudio Sassaki

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25
  • Julie Clugage

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    40
  • Joesph Eng

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25
  • Tim Brady

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25
  • Diane Honda

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25

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
2024
Filed
12 May 2026
IRS schema version
2024v5.5
Source object
202611329349305561

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

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