Totals
- Total revenue
- $554,872
- Total expenses
- $478,779
- Contributions and grants received
- $96,500
- Grants paid
- $0
- Program service revenue
- $421,236
- Investment income
- $4,326
- Other revenue
- $32,810
- Total assets, end of year
- $411,899
- Total liabilities, end of year
- $142,506
- Net assets or fund balances, end of year
- $269,393
- Program services expenses (Part IX)
- $305,835
- Management and general expenses
- $172,944
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $305,835
Program services were 63.9% 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.
-
1b · Membership dues
$1,500
-
1e · Government grants (contributions)
$95,000
-
2a · Program service revenue: Coworking/office space
total $169,739 · related or exempt $169,739
-
2b · Program service revenue: Event income
total $8,529 · related or exempt $8,529
-
2c · Program service revenue: Sponsorships
total $242,968 · related or exempt $242,968
-
3 · Investment income
total $4,326 · excluded $4,326
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$105,509
-
8b · Fundraising events: direct expenses
$72,699
-
8c · Net income from fundraising events
total $32,810
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $219,807 · program services $164,855 · management and general $54,952
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $7,685 · management and general $7,685
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $126,294 · program services $63,147 · management and general $63,147
-
12 · Advertising and promotion
total $8,907 · management and general $8,907
-
13 · Office expenses
total $6,634 · management and general $6,634
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $761 · management and general $761
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $413 · management and general $413
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $4,691 · program services $4,691
-
23 · Insurance
total $3,609 · management and general $3,609
-
24a · Other expenses: Program Supplies
total $33,425 · program services $33,425
-
24b · Other expenses: Utilities
total $19,614 · program services $18,045 · management and general $1,569
-
24c · Other expenses: Internet
total $8,527 · program services $7,845 · management and general $682
-
24d · Other expenses: IT Support
total $7,909 · program services $7,276 · management and general $633
-
24e · All other expenses
total $30,503 · program services $6,551 · management and general $23,952
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $277,376 · end of year $268,367
-
2 · Savings and temporary cash investments
end of year $50,843
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $82,323
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$38,002
-
10b · Land, buildings and equipment: accumulated depreciation
$27,636
-
10c · Land, buildings and equipment, net
beginning of year $11,551 · end of year $10,366
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
end of year $11,798
-
19 · Deferred revenue
end of year $130,708
-
25 · Other liabilities
beginning of year $9,127
-
27 · Net assets without donor restrictions
beginning of year $279,800 · end of year $269,393
Mission and programs · 2023
Mission
Tech Alpharetta is a Tech Economic Development Engine for the City of AlpharettaWe grow new companies & new jobs for the CityWe help attract & retain tech companies in the City We help to attract, retain & grow skilled tech workforce
-
As of Tech Alpharettas November 2023 Board Strategic Planning Meeting, which takes place every other year, Tech Alpharetta had successfully accomplished all initiatives first proposed at its November 2021 Strategic Planning meeting. Tech Alpharetta: - Increased revenues through new fundraising (annual CIO Speed Dating fundraiser events)- Grew its revenues to exceed $500,000 in gross revenues for 2023- Invested some of its operating account funds into an interest-bearing CD of 5%+ - Grew its Board with strategic board member/company additions- Launched & grew its Womens Forum STEAM Mentoring program into a highly successful initiative, which it incorporated as a separate Ga. Domestic Nonprofit Corporation in late 2023. (501c3 application underway)- Relaunched its Industry Interface program by presenting startups to its Startup & Enterprise Committee Meetings, with success stories- Launched new Tech Studio initiative to offer technical & leadership training to executives- Activated its highly effective Executive Board under Rich Cannon, Exec. Board Chair- Created its organizational Value Proposition- Hosted its Third Annual Tech Alpharetta Golf ClassicTech Alpharettas Value Proposition:Tech Alpharetta builds Alpharettas reputation as the destination of choice for tech companies and tech professionals. We help tech companies of every size, from startup to enterprise, optimize their potential; foster the education and development of talent; cultivate local business networking and connection; and drive investment to enhance Alpharettas vibrant tech ecosystem. Tech Alpharettas Growth metrics:2021 / 2023$350k budget / $450k budget 416k gross rev /506k as of 10/31/23 654 tech cos in COA / More than 900 tech cos in COA Hosted 46 virtual programs / Hosted 30 live programs, plus 100 in person meetups Served approx. 2000 tech execs / Served approx. 2000 tech execsCreated 600 Alpharetta, 1,000 state of GA new jobs / 1188/1854 new jobs 18 total startup grads / 21 total startup grads $29.2 mil investor funding / $1.25 mil inv. funding$182 mil TOTALinvestor funding received 2021 /$221 mil TOTAL Investor funding received 202325 high school girls mentored by our Womens Forums STEAM Mentors
Expenses $305,835
As filed on the 2023 return.
Listed in Part VII
-
Felipe Smolka
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Jim Gilvin
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Ben Andrews
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Jessica Fang
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Lance Morsell
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Rich Johnson
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Julie Haley
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Paul Nagrowski
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Garfield Anderson
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Bob Toupin
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Sean Kiewiet
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Bob Klein
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Kali Boatright
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Grant Wainscott
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Rachel Phipps
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Rachael Nagrowski
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl Kleiman
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Stephen Pair
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Janet Rodgers
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Todd Harris
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Tino Mantella
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Sweta Sneha
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Adwait Joshi
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Arjuna Chala
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Jenni Palocsik
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Jason Moccia
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Sarah Maleka
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Mackenzie Thompkins
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Ramesh Maturu
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
James McAnally
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Scott Danner
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Karyn Mullins
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Stew Chisam
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Valarie W Mackey
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Marcia Hayward
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Whitney Stewart Russell
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Chris Davis
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Pat Cisco
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Greg Buckland
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
David Fisher
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Allen Nelson
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Kiran Manchikanti
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Melissa Bishop-Murphy
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Rich Cannon
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
-
Dominic Savio
Board Mbr
- Total calculated
- $0
- Hours/week
- 1
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 25 June 2024
- IRS schema version
- 2023v5.1
- Source object
- 202431779349301513
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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