Techpoint Foundation INC EIN 35-2155455

Techpoint Foundation INC FY2022 filing

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Incubates STEM programs for underserved students to create high impact and scalability. For fiscal year 2022 it reported $642K in revenue, $617K in expenses, and $1.3M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Indianapolis, IN
Website
www.techpointyouth.org
Filings
6 on file (2020–2022)
Revenue
$642KFY2022
Expenses
$617K
Net assets
$1.3M
People
29
Filings
6
Updates
0
More identity details & actions ⌄
EIN  35-2155455 Public charity (501(c)(3)) Indianapolis, IN
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Incubates STEM programs for underserved students to create high impact and scalability.
Leadership
George Giltner · President & CEO · $86K
Money in and out
$642K revenue, $617K expenses
Bottom line
59% program efficiency
Where the money goes · FY2022
Total revenue
$642K
Pt VIII · Ln 12
Total expenses
$617K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $25K
Where spending went · Part IX cols B–D
Program services $0.59 Management & general $0.28 Fundraising $0.12
Program efficiency
59%
of spending reaches programs
Operating runway
27.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$642K
FY2022▼ -40%
Expenses
$617K
FY2022▼ -8%
Total assets
$1.3M
FY2022▼ -5%
Total liabilities
$2K
FY2022▼ -97%
Total revenue
$642K
Pt VIII · Ln 12
Total expenses
$617K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$25K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B59%
Voting members of governing bodyPt I · Ln 324
Independent voting membersPt I · Ln 424
Mission & Programs · Part III

Where the work happens

3 program services account for $268K of program spending, described in the organization's own filed words · FY2021.
01

State Robotics Initiative

A statewide effort to start new vex iq robotics teams in indiana schools. Awarded schools received essential supplies and equipment and professional development to start a team for students in 1ST - 12TH grade. During the 2021-2022 school year, 45 teams received grants and teams were formed as a result of this effort.

$268Kprogram expense
02

Stem partner program (formerly US2020) a statewide effort to match science, technology, engineering, and mathematics (stem) professionals, to serve in the role as a mentor, volunteer, or coach, with underrepresented student populations engaging in high impact stem programs.

Pt IX · col B
03

Hour of Code

Each december, TPF4Y celebrates computer science education week by providing schools in indiana with the resources they need to complete an hour of code activity. In 2021, indiana's hour of code cuminated in to a multi-day, multi-school event engaging 10,000+ students all over the state.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTechpoint Foundation INC
EINHdr · item D35-2155455
Principal addressHdr · item CIndianapolis, IN
WebsiteHdr · item Jwww.techpointyouth.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFApr 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a24
Independent voting membersPt VI · Ln 1b24
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President & CEO
$85,600Pt VII · Sec A
Director of Foundation Operations
$61,500Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

George Giltner’s $104K as President & CEO is at the 34th percentile of top reported officer pay among 3392 $1–10M education 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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
George Giltner$103,535$94,475$88,490$85,600$74,275$74,275
Laura Dodds$76,122
Jamie Inskeep$73,479$61,975
Brei Cecil-Satchwell$70,890$65,540$61,500

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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Statement of Revenue

Part VIII
Contributions & grants$732K · 114%
Investment income$42K · 7%
Contributions & grants114%$732K
Investment income7%$42K
— government grantsLn 1e$223K
Total revenueLn 12$642K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.59 Management & general $0.28 Fundraising $0.12
Program services59%$367K
Management & general28%$175K
Fundraising12%$75K
Total functional expensesLn 25$617K

Balance Sheet

Part X · end of year
CashLn 1$490K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$2K
Total net assetsLn 32$1.3M
Months of cash on handcomputed9.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.3M · Operating expenses (Pt IX) $617K · Less non-cash grants $37K · Cash operating expenses/yr $580K
27.4 months
Where the money goes
Program services
Program services $367K · Total expenses $617K
59%
Management & General
Management & general $175K · Total expenses $617K
28%
Fundraising
Fundraising $75K · Total expenses $617K
12%
Cost to raise $1
Fundraising expense (3-yr avg) $63K · Solicited contributions (3-yr avg) $522K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $732K · Total revenue $642K
114%
Government reliance
Government grants $223K · Total revenue $642K
35%
Earned-income share
Program service revenue $0 · Total revenue $642K
0%
Investment reliance
Investment income $42K · Total revenue $642K
+7%
Program self-sufficiency
Program service revenue $0 · Total expenses $617K
0%
Growth & trend
Revenue growth (YoY)
This year $642K · Prior year $1.1M
-40%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $642K · Expenses $617K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $1.3M · Total assets $1.3M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $837K · Total assets (Pt X, ln 16) $1.3M
62%
People & payroll
Highest Reported Total Compensation
Individual George Giltner · Reported title PRESIDENT & CEO · Highest reported compensation $86K · Total expenses $617K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $323K · Total expenses $617K
52%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 59%
Overhead ratio 28%
Fundraising cost ratio 10%
Revenue growth -40%
Legal fee ratio 13%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$321K
Grants paid · 34 grants · $251K · 2023–2024
Purdue Polytehnic High Sschool EnglewoodFY2024$15,223
Hamilton Heights High SchoolFY2024$15,223
Westfiled High SchoolFY2024$15,223
Noblesville High SchoolFY2024$15,223
Lasalle AcademyFY2024$5,198
East Washington Middle SchoolFY2024$5,198
St Maria GorettiFY2024$5,198
Lafayette Central Catholic JR SR High SchoolFY2024$5,198
Southport Middle SchoolFY2024$5,198
Jeff H Towles Intermediate SchoolFY2024$5,198
Paul Harding Junior HighFY2024$5,198
Harrison Parkway ElementaryFY2024$5,198
Madison-Grant Jrsr High SchoolFY2024$5,198
Harshman Middle SchoolFY2024$5,198
Crothersville Junior Senior High SchoolFY2024$5,198
Northside Middle SchoolFY2024$5,198
South Knox High SchoolFY2023$15,991
See all 34 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.3M revenue · ⤓ 990 PDF
FY2024$1.1M revenue · ⤓ 990 PDF
FY2023$1.8M revenue · ⤓ 990 PDF
FY2022$642K revenue · viewing · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$842K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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