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Tech Town Foundation INC FY2022 filing

Chattanooga, TNUnknown exempt organizationEIN 46-5235151Revenue $89K in FY2022

On file with the IRSPo Box 11449 · Chattanooga, TN

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Leveling the playing field for young people by providing access to a unique technology and entrepreneurial learning center; c areer awareness of the unlimited possibilities in technology fields; and 21st century workforce training via problem-based learning.

Mission: Form 990 Part I, line 1

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
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 4
filings with a surplus
Average surplus $14K a year · 15% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$89K
-47% vs prior year
Spent
$0
Net assets
$28K
By yearFY2020–FY2024
Revenue
$89K
FY2022▼ -47%
Tap a bar for its year
Revenue by fiscal year
FY2020$121K
FY2021$166K
FY2022$89K
FY2024$0
Expenses
$0
FY2022▼ -100%
Tap a bar for its year
Expenses by fiscal year
FY2020$175K
FY2021$145K
FY2022$0
FY2024$1K
Net assets
$28K
FY20220%
Tap a bar for its year
Net assets by fiscal year
FY2020$6K
FY2021$28K
FY2022$28K
FY2024$0

From the FY2022 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2022 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 Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Marlin Gines
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Britton Tabor
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Marlin Gines
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Britton Tabor
Treasurer
$0Pt VII · Sec A
See Tech Town Foundation INC executive salaries →

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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

Empowering youth with tech skills, career awareness, and workforce training for future success.

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Provided by the organization

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2 programs · $79K · in their own filed words · FY2022
01

Tech town is a technology and entrepreneurial learning center offering year-round during and after-school programs and summer camps.

$79Kprogram expense
02

Tech town is a technology and entrepreneurial learning center offering year-round during and after-school programs and summer camps.

Pt IX · col B

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$89K
Ln 12
Other incomeLn 4–11$89K
Money outPt IX
$0
Ln 25
Owns and owesPt X
$28K
net assets · Ln 32
Cash and savingsLn 1–2$28K
Total assetsLn 16$28K
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Government grantsLn 1e$89K
Other incomeLn 4–11$89K
Total revenueLn 12$89K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$28K
Total assetsLn 16$28K
LiabilitiesLn 26$0
Net assetsLn 32$28K
OperationsPt I, VI
EmployeesI 52
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $0$1K−$1K$0 990 PDF
FY2023 Not on file
FY2022 Viewing $89K$0$89K$28K 990 PDF
FY2021 $166K$145K$22K$28K 990 PDF
FY2020 $121K$175K−$54K$6K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (1 part)
Part VI · Governance 4 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
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

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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