Techpoint Foundation is a venture philanthropy organization incubating science, technology, engineering, and mathematics programs for high student impact and scalable for underserved populations.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$227K 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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FY2024 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $139K a year · 12% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
75%
of spending
Fine: 75% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$227K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $1.9M in investments, Pt X · Ln 11–13
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $328K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$112K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
22
of 22 voting members
Looks good: 22 of 22 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
-37% vs prior year
Spent
$1.2M
To programs
75%
Net assets
$2.2M
By yearFY2020–FY2025
Revenue
$1.1M
FY2024▼ -37%
Tap a bar for its year
Revenue by fiscal year
FY2020$842K
FY2021$1.1M
FY2022$642K
FY2023$1.8M
FY2024$1.1M
FY2025$1.3M
Expenses
$1.2M
FY2024▲ +42%
Tap a bar for its year
Expenses by fiscal year
FY2020$976K
FY2021$673K
FY2022$617K
FY2023$873K
FY2024$1.2M
FY2025$1.5M
Net assets
$2.2M
FY2024▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$870K
FY2021$1.4M
FY2022$1.3M
FY2023$2.2M
FY2024$2.2M
FY2025$2.0M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2002.

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

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $930K Management & general 17% · $215K Fundraising 8% · $99K

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

25 people listed on the 990; $227K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President & CEO
$94,475Pt VII · Sec A
VP of Foundation Operation
$70,890Pt VII · Sec A
Vice President
$61,975Pt 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
Secretary
$0Pt VII · Sec A

George Giltner’s $104K as President & CEO is at the 34th percentile of top reported officer pay among 3394 $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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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

Incubates STEM programs for underserved students to create high impact and scalability.

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Provided by the organization

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3 programs · $798K · in their own filed words · FY2023
01

Stem mentor program (formerly stem partners) 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.

$614Kprogram expense
02

State Robotics Initiative After-School

A statewide effort to start new vex 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 2023-2024 school year, 78 teams received grants and teams were formed as a result of this effort.

$184Kprogram expense
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. During the 23-24 school year, indiana's hour of code cuminated in to a multi-day, multi-school event engaging 12,000+ students all over the state

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$328K
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
Individual RecipientFY2024$5,198
Lafayette Central Catholic JR SR High SchoolFY2024$5,198
Southport Middle SchoolFY2024$5,198
Jeff H Towles Intermediate SchoolFY2024$5,198
Individual RecipientFY2024$5,198
Individual RecipientFY2024$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 →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$978K
Investment incomeLn 3$83K
Fees for servicesLn 2g$38K
Money outPt IX
$1.2M
Ln 25
Programscol B$930K
Managementcol C$215K
Fundraisingcol D$99K
Owns and owesPt X
$2.2M
net assets · Ln 32
Cash and savingsLn 1–2$254K
Total assetsLn 16$2.3M
LiabilitiesLn 26$112K
PeoplePt VI, VII
25
listed · VII A
PaidVII A3
Voting boardVI 1a22
IndependentVI 1b22
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$978K
Government grantsLn 1e$49K
Noncash giftsLn 1g$33K
Fundraising eventsLn 1c$16K
Fees for servicesLn 2g$38K
Investment incomeLn 3$83K
Other incomeLn 4–11$10K
Gains on assetsLn 7$45K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$253K
SavingsLn 2$1K
Cash and savings togetherLn 1–2$254K
InvestmentsLn 11–13$1.9M
Other assetsLn 15$48K
Total assetsLn 16$2.3M
LiabilitiesLn 26$112K
Net assetsLn 32$2.2M
OperationsPt I, VI
EmployeesI 56
VolunteersI 63,000
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 FY24End FY24
Cash and savingsLn 1–2$842K$254K
InvestmentsLn 11–13$865K$1.9M
Total assetsLn 16$2.4M$2.3M
LiabilitiesLn 26$153K$112K
Net assetsLn 32$2.2M$2.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$331K$331K
Pay of current officers, directors and key staffLn 5$195K$128K$27K$40K
Other salaries and wagesLn 7$190K$134K$8K$47K
Pension plan contributionsLn 8$6K$3K$2K
Other employee benefitsLn 9$30K$15K$4K$12K
Payroll taxesLn 10$28K$17K$12K
Legal feesLn 11b$63K$63K
Accounting feesLn 11c$25K$25K
Advertising and promotionLn 12$78K$67K$11K
Office expensesLn 13$13K$13K
OccupancyLn 16$23K$23K
TravelLn 17$3K$347$2K
Conferences, conventions and meetingsLn 19$243K$234K$10K
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$5K$454$5K
Total functional expensesLn 25$1.2M$930K$215K$99K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.3M$1.5M−$199K$2.0M 990 PDF
FY2024 Viewing $1.1M$1.2M−$135K$2.2M 990 PDF
FY2023 $1.8M$873K$881K$2.2M 990 PDF
FY2022 $642K$617K$25K$1.3M 990 PDF
FY2021 $1.1M$673K$397K$1.4M 990 PDF
FY2020 $842K$976K−$134K$870K 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 M · Noncash O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,109,192 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,844,501$977,516
I-9 Program service revenuePrior year $0$38,374
I-10 Investment incomePrior year $32,374$83,421
I-11 Other revenuePrior year −$122,649$9,881
I-12 Total revenuePrior year $1,754,226$1,109,192
I-13 Grants and similar amounts paidPrior year $277,648$331,340
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $388,296$448,446
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $207,335$464,125
I-18 Total expensesPrior year $873,279$1,243,911
I-19 Revenue less expensesPrior year $880,947−$134,719
Part VI · Governance 22 of 22 board members independent, no flags
VI-1a Voting members of the governing body22
VI-1b Independent voting members22
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 $1,109,192 across 11 lines filed
VIII-1c Fundraising events$15,700
VIII-1e Government grants$49,270
VIII-1f All other contributions, gifts and grants$912,546
VIII-1g Noncash contributions (included above)$32,938
VIII-1h Total contributions, gifts and grants$977,516
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $38,374$38,374
VIII-3 Investment incomeExcluded from tax $38,455$38,455
VIII-7 Net gain or loss on sales of assetsExcluded from tax $44,966$44,966
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $9,881$9,881
VIII-12 Total revenueRelated to mission $48,255 · Unrelated business $0 · Excluded from tax $83,421$1,109,192
Part IX · Statement of functional expenses $1,243,911 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $331,340$331,340
IX-5 Pay of current officers, directors and key staffPrograms $127,650 · Management $27,401 · Fundraising $39,553$194,604
IX-7 Other salaries and wagesPrograms $134,186 · Management $8,262 · Fundraising $47,170$189,618
IX-8 Pension plan contributionsPrograms $3,424 · Management $2,365$5,789
IX-9 Other employee benefitsPrograms $14,537 · Management $3,526 · Fundraising $12,022$30,085
IX-10 Payroll taxesPrograms $16,769 · Management $11,581$28,350
IX-11b Legal feesManagement $63,445$63,445
IX-11c Accounting feesManagement $25,488$25,488
IX-12 Advertising and promotionPrograms $67,492 · Management $10,768$78,260
IX-13 Office expensesManagement $12,920$12,920
IX-16 OccupancyManagement $23,400$23,400
IX-17 TravelPrograms $347 · Management $2,381$2,728
IX-19 Conferences, conventions and meetingsPrograms $233,526 · Management $9,612$243,138
IX-23 InsuranceManagement $9,635$9,635
IX-24 Other expenses (24a–d)Programs $454 · Management $4,657$5,111
IX-25 Total functional expensesPrograms $929,725 · Management $215,441 · Fundraising $98,745$1,243,911
Part X · Balance sheet $2,274,493 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $811,261$253,229
X-2 Savings and temporary cash investmentsStart of year $31,007$1,209
X-3 Pledges and grants receivableStart of year $670,778$108,346
X-9 Prepaid expenses and deferred chargesStart of year $500$500
X-12 Other securitiesStart of year $864,875$1,863,500
X-15 Other assetsStart of year $0$47,709
X-16 Total assetsStart of year $2,378,421$2,274,493
X-17 Accounts payable and accrued expensesStart of year $152,803$63,940
X-25 Other liabilitiesStart of year $0$47,709
X-26 Total liabilitiesStart of year $152,803$111,649
X-27 Net assets without donor restrictionsStart of year $1,669,296$1,780,233
X-28 Net assets with donor restrictionsStart of year $556,322$382,611
X-32 Total net assets or fund balancesStart of year $2,225,618$2,162,844
X-33 Total liabilities and net assetsStart of year $2,378,421$2,274,493
Part XI · Reconciliation of net assets $2,162,844 net assets at year end
XI-1 Total revenue$1,109,192
XI-2 Total expenses$1,243,911
XI-3 Revenue less expenses−$134,719
XI-4 Net assets at start of year$2,225,618
XI-5 Net unrealized gains (losses) on investments$71,945
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,162,844

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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