- Revenue 2024
- $6,351,771
- Expenses 2024
- $14,500,403
Program services were 95.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- S20
- Classification
- 1000
- Street
- 633 THIRD AVENUE 6TH FL
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
SEE SCHEDULE O
Activities or mission (Part I)
WE FOSTER INNOVATION, EDUCATION AND COLLABORATION IN NEW YORK CITY'S TECH ECONOMY.
-
SEE SCHEDULE O
Expenses $13,893,151 · Grants $70,849 · Revenue $5,719,260
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
ANDREW RASIEJ
FOUNDER
- Total calculated
- $499,358
- From this org
- $0
- From related orgs
- $481,575
- Other
- $17,783
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $0 + $481,575 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $17,783 related
- Filer's total
- $0 + $499,358 related
-
MICHAEL BASSIK
BOARD CHAIR & TREAS. (THRU 03/24)
- Total calculated
- $0
- Hours/week
- 1
-
JENNIFER VENTO
DIRECTOR (THRU 12/24)
- Total calculated
- $0
- Hours/week
- 1
-
GEORGIE-ANN GETTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JASON LEDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JOHNSON DELALIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
PAUL ELLIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
SAPNA SHAH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
SHAUN JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
TED BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
THATCHER BELL
CHAIRMAN (THRU 12/24)
- Total calculated
- $0
- Hours/week
- 10 + 10 related
-
XIAN HORN
CHAIRMAN (AS OF 01/25)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
KATIE CODEY
DIRECTOR (AS OF 01/25)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
PATRICIA GOLDSTEIN
DIRECTOR (AS OF 01/25)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
GARETH RHODES
DIRECTOR (AS OF 01/25)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
EUSTACIO ANDY SALDANA
DIRECTOR (THRU 12/24)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
GABBY MUNOZ
DIRECTOR (THRU 12/24)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JEFF LINDOR
DIRECTOR (THRU 12/24)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JOY MARCUS
DIRECTOR (THRU 12/24)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CHRISTINE MCMAHON
PRESIDENT & CEO OF FEDCAP
- Total calculated
- $894,189
- From this org
- $0
- From related orgs
- $742,054
- Other
- $152,135
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $742,054 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $140,350 related
- Nontaxable benefits
- $0 + $11,785 related
- Filer's total
- $0 + $894,189 related
-
CAROL KHOURY
CFO OF FEDCAP
- Total calculated
- $405,031
- From this org
- $0
- From related orgs
- $373,709
- Other
- $31,322
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $373,709 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $28,875 related
- Nontaxable benefits
- $0 + $2,447 related
- Filer's total
- $0 + $405,031 related
-
KENNETH BREZENOFF
GEN. COUNSEL & VP STRAT. INIT
- Total calculated
- $259,975
- From this org
- $0
- From related orgs
- $241,290
- Other
- $18,685
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $241,290 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $7,500 related
- Nontaxable benefits
- $0 + $11,185 related
- Filer's total
- $0 + $259,975 related
-
JAMES MALATRAS
CHIEF STRAT. OFFICER
- Total calculated
- $451,011
- From this org
- $0
- From related orgs
- $450,090
- Other
- $921
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $450,090 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $921 related
- Filer's total
- $0 + $451,011 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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $6,351,771
- Expenses
- $14,500,403
- Contributions
- $612,729
- Grants paid
- $70,849
-
2023
- Revenue
- $12,912,206
- Expenses
- $12,287,087
- Contributions
- $10,192,584
- Grants paid
- $19,012
-
2022
- Revenue
- $604,221
- Expenses
- $7,097,222
- Contributions
- $604,199
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $1,095,942
- Expenses
- $1,723,025
- Assets (EOY)
- $496,020
-
2021 · 990
- Revenue
- $6,066,296
- Expenses
- $2,275,808
- Assets (EOY)
- $6,586,593
-
2020 · 990
- Revenue
- $1,069,569
- Expenses
- $3,528,502
- Assets (EOY)
- $882,289
-
2019 · 990
- Revenue
- $7,040,923
- Expenses
- $5,202,845
- Assets (EOY)
- $3,947,889
-
2018 · 990
- Revenue
- $3,748,913
- Expenses
- $3,832,066
- Assets (EOY)
- $2,105,015
-
2017 · 990
- Revenue
- $2,233,761
- Expenses
- $1,995,524
- Assets (EOY)
- $1,105,370
-
2016 · 990
- Revenue
- $1,525,101
- Expenses
- $1,186,001
- Assets (EOY)
- $565,637
-
2015 · 990
- Revenue
- $278,116
- Expenses
- $158,160
- Assets (EOY)
- $266,043
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
CHARITIES AID FOUNDATION AMERICA
$15,000
2024 CHARITABLE DONATION
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
FEDCAP REHABILITATION SERVICES INC
501(C)(3) · WORKFORCE DEV · NY
-
501(C)(3) · WORKFORCE DEV · NY
-
501(C)(3) · WORKFORCE DEV · MA
-
501(C)(3) · WORKFORCE DEV · NY
-
501(C)(3) · WORKFORCE DEV · NY
-
501(C)(3) · WORKFORCE DEV · RI
-
501(C)(3) · WORKFORCE DEV · NH
-
501(C)(3) · WORKFORCE DEV · NY
-
501(C)(3) · WORKFORCE DEV · VA
-
501(C)(3) · WORKFORCE DEV · IL
-
501(C)(3) · WORKFORCE DEV · TX
-
501(C)(3) · WORKFORCE DEV · TX
-
501(C)(3) · WORKFORCE DEV · TX
-
501(C)(3) · WORKFORCE DEV · TX
-
501(C)(3) · WORKFORCE DEV · TX
-
EASTER SEALS CENTRAL TEXAS INC
501(C)(3) · WORKFORCE DEV · TX
-
EASTER SEALS CENTRAL TEXAS VAUGHN HOUSE
501(C)(3) · WORKFORCE DEV · TX
-
501(C)(3) · WORKFORCE DEV · NY
-
501(C)(3) · WORKFORCE DEV · NH
-
FEDCAP UK
WORKFORCE DEV · UK
-
501(C)(3) · WORKFORCE DEV · NY
-
FEDCAP EMPLOYMENT LIMITED
EMPLOYMENT SOLUTIONS · UK
-
FEDCAP EMPLOYMENT SCOTLAND LIMITED
EMPLOYMENT SOLUTIONS · UK
-
FEDCAP CANADA
EMPLOYMENT SOLUTIONS · CA
-
501(C)(3) · WORKFORCE DEV · NY
The first 25 as filed. The return lists every one.
Declared as related by
-
On its 2024 return
-
On its 2024 return
-
On its 2024 return
-
On its 2024 return
-
EASTER SEALS-CENTRAL TEXAS INC
On its 2024 return
-
FEDCAP APEX TECHNICAL SCHOOL INC
On its 2024 return
-
On its 2024 return
-
On its 2024 return
-
On its 2024 return
-
On its 2024 return
-
On its 2024 return as a controlled entity
-
On its 2024 return
-
On its 2024 return
-
On its 2024 return
-
On its 2024 return
-
On its 2024 return
-
On its 2024 return
-
On its 2024 return
-
FEDCAP REHABILITATION SERVICES INC
On its 2024 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Related partnerships on its 2024 return
-
WORKFORCE DEV · NY
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 23 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.