Technical Development Corporation FY2023 filing

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Tdc, founded in 1968, is a nonprofit consulting and research group dedicated to providing the nonprofit sector with the business and management skills critical to operating effectively. Tdc works with organizations, foundations and public agencies across the nonprofit sector.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$1.3M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $439K a year · 14% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
to officers and key staff · 35% of spending
Concern: pay to officers and key staff is 35% of spending; over 30%.
Pt VII · Sec A
7 mo
of spending, in cash
Looks good: 7.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $28K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.1M
54% of total assets
Fine: liabilities are 54% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
4
of 6 voting members
Looks good: 4 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3M
+19% vs prior year
Spent
$3.9M
To programs
84%
Net assets
$1.9M
By yearFY2020–FY2024
Revenue
$2.3M
FY2023▲ +19%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.5M
FY2021$4.6M
FY2022$2.0M
FY2023$2.3M
FY2024$1.7M
Expenses
$3.9M
FY2023▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.9M
FY2021$2.8M
FY2022$3.6M
FY2023$3.9M
FY2024$3.2M
Net assets
$1.9M
FY2023▼ -45%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.2M
FY2021$5.0M
FY2022$3.4M
FY2023$1.9M
FY2024$351K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1968.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $3.3M Management & general 15% · $596K Fundraising 1% · $20K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation
Treasurer
$205,093Pt VII · Sec A
$192,407Pt VII · Sec A
Vice President
$189,925Pt VII · Sec A
Vice President
$186,525Pt VII · Sec A
Vice President
$183,520Pt VII · Sec A
Vice President
$136,546Pt VII · Sec A
$134,582Pt VII · Sec A
$115,996Pt VII · Sec A

Elizabeth Cabral Curtis’s $189K as President is at the 63rd percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Susan Nelson$182,453$205,093$199,635$192,708$187,777
Elizabeth Cabral Curtis$188,911$192,407$191,194$190,036$183,245
Marcelle L Hinand—$189,925———
Norah McVeigh—$186,525———
Juliana S Koo$122,944$183,520———
Juliana Koo——$158,435$123,441$133,117
Ashley Berendt$141,530$136,546$146,646$119,445$105,830
Mary Plourde Pagliarulo$135,689$134,582$128,959$117,200$111,194

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Technical Development Corporation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides nonprofits with business and management skills for effective operation.

Questions for Technical Development Corporation

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1 program · $3.3M · in their own filed words · FY2023
01

Management Consulting Services. TDC creates strategic business plans that help organizations develop sophisticated strategies that align a deep understanding of market dynamics with clear realistic plans for long-term financial sustainability. TDC periodically conducts research studies on major trends in the nonprofit sector.

$3.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$28K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.3M
Ln 12
Fees for servicesLn 2g$2.3M
Investment incomeLn 3$48K
Money outPt IX
$3.9M
Ln 25
Programscol B$3.3M
Managementcol C$596K
Fundraisingcol D$20K
Owns and owesPt X
$1.9M
net assets · Ln 32
Cash and savingsLn 1–2$2.3M
Total assetsLn 16$4.0M
LiabilitiesLn 26$2.1M
PeoplePt VI, VII
12
listed · VII A
PaidVII A8
Voting boardVI 1a6
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.3M
Investment incomeLn 3$48K
Total revenueLn 12$2.3M
Assets in detailPt X, end of year
CashLn 1$2.3M
Cash and savings togetherLn 1–2$2.3M
Accounts receivableLn 4$535K
Prepaid expenses and deferred chargesLn 9$9K
Land, buildings, equipmentLn 10c$63K
Other assetsLn 15$1.1M
Total assetsLn 16$4.0M
LiabilitiesLn 26$2.1M
Net assetsLn 32$1.9M
OperationsPt I, VI
EmployeesI 523
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$3.3M$2.3M
Land, buildings, equipmentLn 10c$86K$63K
Total assetsLn 16$5.1M$4.0M
LiabilitiesLn 26$1.8M$2.1M
Net assetsLn 32$3.4M$1.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$532K$338K$174K$20K
Pay of disqualified personsLn 6$1.9M$1.8M$120K$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$223K$179K$45K$0
Other employee benefitsLn 9$79K$63K$16K$0
Payroll taxesLn 10$183K$146K$37K$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$1K$0$1K$0
Accounting feesLn 11c$42K$0$42K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$138K$138K$0$0
Advertising and promotionLn 12$0$0$0$0
Office expensesLn 13$358K$286K$72K$0
Information technologyLn 14$0$0$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$287K$230K$57K$0
TravelLn 17$63K$50K$13K$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$44K$35K$9K$0
InsuranceLn 23$10K$8K$2K$0
All other expensesLn 24e$43K$35K$9K$0
Total functional expensesLn 25$3.9M$3.3M$596K$20K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 14, 2025 $1.7M$3.2M−$1.5M$351K 990 PDF
FY2023 ViewingFiled with the IRS Nov 20, 2024 $2.3M$3.9M−$1.5M$1.9M 990 PDF
FY2022Filed with the IRS Nov 8, 2023 $2.0M$3.6M−$1.6M$3.4M 990 PDF
FY2021Filed with the IRS Nov 11, 2022 $4.6M$2.8M$1.8M$5.0M 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $4.5M$3.9M$627K$3.2M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $2,347,241 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $1,966,374$2,299,540
I-10 Investment incomePrior year $9,987$47,701
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,976,361$2,347,241
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,428,663$2,889,332
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,177,559$987,169
I-18 Total expensesPrior year $3,606,222$3,876,501
I-19 Revenue less expensesPrior year −$1,629,861−$1,529,260
Part VI · Governance 4 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $2,347,241 across 5 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,299,540 · Unrelated business $0 · Excluded from tax $0$2,299,540
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $47,701$47,701
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $2,299,540 · Unrelated business $0 · Excluded from tax $47,701$2,347,241
Part IX · Statement of functional expenses $3,876,501 across 29 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $337,876 · Management $174,331 · Fundraising $19,875$532,082
IX-6 Pay of disqualified personsPrograms $1,751,644 · Management $120,419 · Fundraising $0$1,872,063
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $178,706 · Management $44,677 · Fundraising $0$223,383
IX-9 Other employee benefitsPrograms $63,266 · Management $15,817 · Fundraising $0$79,083
IX-10 Payroll taxesPrograms $146,177 · Management $36,544 · Fundraising $0$182,721
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $1,197 · Fundraising $0$1,197
IX-11c Accounting feesPrograms $0 · Management $42,230 · Fundraising $0$42,230
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $138,280 · Management $0 · Fundraising $0$138,280
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $286,224 · Management $71,556 · Fundraising $0$357,780
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$0
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $229,722 · Management $57,430 · Fundraising $0$287,152
IX-17 TravelPrograms $50,230 · Management $12,557 · Fundraising $0$62,787
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $35,307 · Management $8,827 · Fundraising $0$44,134
IX-23 InsurancePrograms $8,286 · Management $2,071 · Fundraising $0$10,357
IX-24e All other expensesPrograms $34,663 · Management $8,589 · Fundraising $0$43,252
IX-25 Total functional expensesPrograms $3,260,381 · Management $596,245 · Fundraising $19,875$3,876,501
Part X · Balance sheet $3,999,582 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $3,338,985$2,316,781
X-4 Accounts receivableStart of year $454,685$534,943
X-9 Prepaid expenses and deferred chargesStart of year $897$8,768
X-10c Land, buildings and equipment, netStart of year $85,916$63,355
X-15 Other assetsStart of year $1,261,821$1,075,735
X-16 Total assetsStart of year $5,142,304$3,999,582
X-17 Accounts payable and accrued expensesStart of year $246,245$90,540
X-25 Other liabilitiesStart of year $1,510,426$2,052,669
X-26 Total liabilitiesStart of year $1,756,671$2,143,209
X-27 Net assets without donor restrictionsStart of year $1,698,461$826,180
X-28 Net assets with donor restrictionsStart of year $1,687,172$1,030,193
X-32 Total net assets or fund balancesStart of year $3,385,633$1,856,373
X-33 Total liabilities and net assetsStart of year $5,142,304$3,999,582
Part XI · Reconciliation of net assets $1,856,373 net assets at year end
XI-1 Total revenue$2,347,241
XI-2 Total expenses$3,876,501
XI-3 Revenue less expenses−$1,529,260
XI-4 Net assets at start of year$3,385,633
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,856,373

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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