Techsolve's purpose is to enhance the competitiveness of companies by accelerating the implementation of technology and improving business practices, drawing upon resources of industry, academia, and government. The organization has separated its operations into four specialty areas to help manufacturers. These areas include machining improvement services and developing part manufacturing solutions, improving manufacturing and supply chain processes, providing solutions to extract, leverage and protect data from factory equipment and systems, and cybersecurity consulting services.

501(c)(3) charity; gifts are tax-deductible.
30¢ of each $1 spent went to programs.
$1.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · 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
1 of 4
filings with a surplus
Average deficit $169K a year · 3% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
30%
of spending
Concern: 30% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.1M
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Plus $6.4M in investments, Pt X · Ln 11–13
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.6M
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.4M
-1% vs prior year
Spent
$6.8M
To programs
30%
Net assets
$9.3M
By yearFY2020–FY2024
Revenue
$6.4M
FY2021▼ -1%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.5M
FY2021$6.4M
FY2021$1.5M
FY2023$4.5M
FY2024$5.8M
FY2024$3.8M
Expenses
$6.8M
FY2021▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$7.2M
FY2021$6.8M
FY2021$2.1M
FY2023$5.4M
FY2024$4.4M
FY2024$4.1M
Net assets
$9.3M
FY2021▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.8M
FY2021$9.3M
FY2021$8.7M
FY2023$5.1M
FY2024$6.6M
FY2024$6.5M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 1983.

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

Where the money goes

30 cents of each dollar spent went to programs.

Program services 30% · $2.0M Management & general 70% · $4.8M

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

17 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
CEO/President & Ex Officio
$237,142Pt VII · Sec A
Program Development Manage
$149,954Pt VII · Sec A
$136,843Pt VII · Sec A
Director of Iiot Services
$125,111Pt VII · Sec A
Sales Engineer
$122,315Pt VII · Sec A
Lead Software Engineer
$117,682Pt VII · Sec A
Controller
$109,369Pt VII · Sec A
Director, HR/ Corporate Secretary
$54,132Pt VII · Sec A

Daniel Catalano’s $184K as President/CEO (non-Voting) is at the 60th 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

NameFY2024FY2024FY2023FY2021FY2021FY2020
David Linger——$230,552$248,000$237,142$234,156
Daniel Catalano$183,721$192,500————
Steve Gillock Non-Voting$164,659$182,555————
Rick Gambaccini—————$181,751
Radu Pavel———$150,696$136,843$135,312
Susan Moehring——$123,806$146,536$149,954$149,543
William Gruber——$148,204$139,385——
Steve Gillock——$143,204———

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.

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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 15aYes

Programs and updates

Accelerates technology and business practice improvements for companies, using industry, academic, and government resources.

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1 program · $2.0M · in their own filed words · FY2020
01

For forty years, cincinnati-based techsolve has helped ohio manufacturers implement process solutions that drive investment and job opportunities here in ohio. Our consulting services and education programs cover a wide range of business building needs ranging from INNOVATION/PRODUCT development, continuous IMPROVEMENT/LEAN, advanced…

$2.0Mprogram 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$25K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$6.4M
Ln 12
Gifts and grantsLn 1h$3.3M
Fees for servicesLn 2g$1.7M
Investment incomeLn 3$1.4M
Money outPt IX
$6.8M
Ln 25
Programscol B$2.0M
Managementcol C$4.8M
Owns and owesPt X
$9.3M
net assets · Ln 32
Cash and savingsLn 1–2$689K
Total assetsLn 16$10.9M
LiabilitiesLn 26$1.6M
PeoplePt VI, VII
17
listed · VII A
PaidVII A8
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.3M
Government grantsLn 1e$3.3M
Fees for servicesLn 2g$1.7M
Investment incomeLn 3$1.4M
Other incomeLn 4–11$29K
Gains on assetsLn 7$1.2M
Total revenueLn 12$6.4M
Assets in detailPt X, end of year
CashLn 1$679K
SavingsLn 2$10K
Cash and savings togetherLn 1–2$689K
InvestmentsLn 11–13$6.4M
Land, buildings, equipmentLn 10c$2.6M
Other assetsLn 15$739K
Total assetsLn 16$10.9M
LiabilitiesLn 26$1.6M
Net assetsLn 32$9.3M
OperationsPt I, VI
EmployeesI 527
VolunteersI 610
Fiscal year endsHeaderJune
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 FY21End FY21
Cash and savingsLn 1–2$1.5M$689K
InvestmentsLn 11–13$5.2M$6.4M
Land, buildings, equipmentLn 10c$2.8M$2.6M
Total assetsLn 16$10.5M$10.9M
LiabilitiesLn 26$684K$1.6M
Net assetsLn 32$9.8M$9.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$3.9M$1.0M$2.8M
Other employee benefitsLn 9$390K$105K$285K
Payroll taxesLn 10$293K$79K$214K
Legal feesLn 11b$191K$191K
Accounting feesLn 11c$29K$29K
Other fees for servicesLn 11g$947K$424K$523K
Advertising and promotionLn 12$51K$9K$41K
Office expensesLn 13$79K$3K$76K
Information technologyLn 14$32K$6K$26K
OccupancyLn 16$73K$3K$70K
TravelLn 17$59K$32K$27K
Conferences, conventions and meetingsLn 19$29K$6K$23K
InterestLn 20$8K$63$8K
Depreciation, depletion and amortizationLn 22$201K$5K$196K
InsuranceLn 23$69K$12K$56K
Other expenses (24a–d)Ln 24$433K$306K$127K
All other expensesLn 24e$63K$4K$59K
Total functional expensesLn 25$6.8M$2.0M$4.8M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $5.8M$4.4M$1.4M$6.6M 990 PDF
FY2023 $4.5M$5.4M−$867K$5.1M 990 PDF
FY2022 Not on file
FY2021 Viewing $6.4M$6.8M−$433K$9.3M 990 PDF
FY2020 $6.5M$7.2M−$789K$9.8M 990 PDF

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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 FY2021 990 (6 parts)
Part I · Summary $6,383,013 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,146,000$3,295,339
I-9 Program service revenuePrior year $2,094,090$1,695,487
I-10 Investment incomePrior year $212,720$1,363,404
I-11 Other revenuePrior year $3,320$28,783
I-12 Total revenuePrior year $6,456,130$6,383,013
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 $3,078,686$4,552,373
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $4,166,811$2,263,517
I-18 Total expensesPrior year $7,245,497$6,815,890
I-19 Revenue less expensesPrior year −$789,367−$432,877
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,383,013 across 8 lines filed
VIII-1e Government grants$3,295,339
VIII-1h Total contributions, gifts and grants$3,295,339
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,695,487$1,695,487
VIII-3 Investment incomeExcluded from tax $142,532$142,532
VIII-5 RoyaltiesExcluded from tax $5,500$5,500
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,220,872$1,220,872
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $23,283$23,283
VIII-12 Total revenueRelated to mission $1,718,770 · Unrelated business $0 · Excluded from tax $1,368,904$6,383,013
Part IX · Statement of functional expenses $6,815,890 across 17 lines filed
IX-7 Other salaries and wagesPrograms $1,045,788 · Management $2,823,222$3,869,010
IX-9 Other employee benefitsPrograms $105,494 · Management $284,793$390,287
IX-10 Payroll taxesPrograms $79,218 · Management $213,858$293,076
IX-11b Legal feesManagement $191,439$191,439
IX-11c Accounting feesManagement $29,300$29,300
IX-11g Other fees for servicesPrograms $423,545 · Management $523,284$946,829
IX-12 Advertising and promotionPrograms $9,301 · Management $41,438$50,739
IX-13 Office expensesPrograms $2,874 · Management $76,220$79,094
IX-14 Information technologyPrograms $5,844 · Management $26,229$32,073
IX-16 OccupancyPrograms $2,789 · Management $70,465$73,254
IX-17 TravelPrograms $32,314 · Management $26,646$58,960
IX-19 Conferences, conventions and meetingsPrograms $5,586 · Management $23,297$28,883
IX-20 InterestPrograms $63 · Management $7,755$7,818
IX-22 Depreciation, depletion and amortizationPrograms $4,592 · Management $195,999$200,591
IX-23 InsurancePrograms $12,492 · Management $56,064$68,556
IX-24 Other expenses (24a–d)Programs $306,011 · Management $126,604$432,615
IX-24e All other expensesPrograms $4,009 · Management $59,357$63,366
IX-25 Total functional expensesPrograms $2,039,920 · Management $4,775,970 · Fundraising $0$6,815,890
Part X · Balance sheet $10,905,762 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $418,974$678,629
X-2 Savings and temporary cash investmentsStart of year $1,034,608$10,353
X-4 Accounts receivableStart of year $205,466$349,193
X-8 Inventories for sale or useStart of year $60,405$54,646
X-9 Prepaid expenses and deferred chargesStart of year $147,973$123,801
X-10c Land, buildings and equipment, netStart of year $2,759,821$2,598,355
X-11 Publicly traded securitiesStart of year $5,185,281$6,319,064
X-12 Other securities$32,626
X-15 Other assetsStart of year $638,553$739,095
X-16 Total assetsStart of year $10,451,081$10,905,762
X-17 Accounts payable and accrued expensesStart of year $544,842$729,657
X-19 Deferred revenueStart of year $139,287$90,524
X-26 Total liabilitiesStart of year $684,129$1,570,181
X-27 Net assets without donor restrictionsStart of year $9,766,952$9,335,581
X-32 Total net assets or fund balancesStart of year $9,766,952$9,335,581
X-33 Total liabilities and net assetsStart of year $10,451,081$10,905,762
Part XI · Reconciliation of net assets $9,335,581 net assets at year end
XI-1 Total revenue$6,383,013
XI-2 Total expenses$6,815,890
XI-3 Revenue less expenses−$432,877
XI-4 Net assets at start of year$9,766,952
XI-8 Prior period adjustments$1,506
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$9,335,581

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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