Techforce Foundation EIN 59-3828402

Techforce Foundation FY2021 filing

EIN  59-3828402 Public foundation / grantmaker Phoenix, AZ Founded 2005
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Verified accurate 8/16/26 · see original filing: IRS
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Size
$10–100M
What they do
Helps students succeed in technical careers through education.
Leadership
Jennifer Maher · Secretary/Executive Director · $235K
Money in and out
$3.9M revenue, $3.3M expenses
Bottom line
82% program efficiency

Helps students succeed in technical careers through education. For fiscal year 2021 it reported $3.9M in revenue, $3.3M in expenses, and $4.6M in net assets.Pt I

Grants paid & assets · FY2021
Total revenue
$3.9M
Pt VIII · Ln 12
Total expenses
$3.3M
Pt IX · Ln 25
Net assets
$4.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $623K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.10 Fundraising $0.08
Program efficiency
82%
of spending reaches programs
Operating runway
12.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+16%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$3.9M
FY2021▲ +59%
Expenses
$3.3M
FY2021▲ +50%
Total assets
$5.1M
FY2021▲ +19%
Total liabilities
$483K
FY2021▲ +1%
Total revenue
$3.9M
Pt VIII · Ln 12
Total expenses
$3.3M
Pt IX · Ln 25
Net assets
$4.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$623K
Total assetsPt X · Ln 16$5.1M
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

2 program services account for $2.7M of program spending, described in the organization's own filed words · FY2021.
01

Techforce's career exploration and workforce development programs support those interested in pursuing the technician profession by connecting them to resources, mentors, education and employers.

$1.4Mprogram expense
02

Techforce foundation provided 1,511 scholarships and grants to students with financial need, under established platforms: accelerate tuition scholarships; life happens student emergency grants; pedal to the metal advanced training tuition and relocation grants; strong start relocation and startup grants; campus food pantry; and veterans…

$1.3Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTechforce Foundation
EINHdr · item D59-3828402
Principal addressHdr · item CPhoenix, AZ
WebsiteHdr · item Jtechforce.org
Year of formationHdr · item L2005
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFMar 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b12
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
Secretary/Executive Director
$234,543Pt VII · Sec A
Chief Marketing & Strategy Officer
$158,741Pt VII · Sec A
Director of Operations & Finance Officer
$142,500Pt VII · Sec A
Director National Partners
$116,838Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director (thru 8/21)
$0Pt VII · Sec A

Jennifer Maher’s $338K as CEO/Executive Director is at the 75th percentile of top reported officer pay among 658 $10–100M philanthropy & grantmaking 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jennifer Maher$337,563$298,481$288,863$285,240$234,543$214,178
Jennifer Bergeron$209,958$188,513
Michael Pressendo$177,514$158,741$177,657
Lisa Mattke$131,063$158,183$156,240$142,500$140,366
Reagan Bender$148,815
Carter Dowdy$139,927
Dana Rapoport$136,927
Tina Smith$116,838$129,234

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$3.8M · 97%
Investment income$103K · 3%
Contributions & grants97%$3.8M
Investment income3%$103K
Other revenue$5K
— government grantsLn 1e$209K
Total revenueLn 12$3.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.10 Fundraising $0.08
Program services82%$2.7M
Management & general10%$311K
Fundraising8%$264K
Total functional expensesLn 25$3.3M

Balance Sheet

Part X · end of year
CashLn 1$582K
Total assetsLn 16$5.1M
Total liabilitiesLn 26$483K
Total net assetsLn 32$4.6M
Months of cash on handcomputed2.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.1M · Operating expenses (Pt IX) $3.3M · Less non-cash grants $222K · Cash operating expenses/yr $3.0M
12.2 months
Where the money goes
Program services
Program services $2.7M · Total expenses $3.3M
82%
Management & General
Management & general $311K · Total expenses $3.3M
10%
Fundraising
Fundraising $264K · Total expenses $3.3M
8%
Cost to raise $1
Fundraising expense (2-yr avg) $255K · Solicited contributions (2-yr avg) $2.9M
$0.09 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $3.8M · Total revenue $3.9M
97%
Government reliance
Government grants $209K · Total revenue $3.9M
5%
Earned-income share
Program service revenue $0 · Total revenue $3.9M
0%
Investment reliance
Investment income $103K · Total revenue $3.9M
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $3.3M
0%
Growth & trend
Revenue growth (YoY)
This year $3.9M · Prior year $2.4M
+59%
Net-asset trend (YoY)
End of year $4.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.9M · Expenses $3.3M
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $5.1M
Net-asset ratio
Net assets $4.6M · Total assets $5.1M
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.5M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $5.1M
49%
People & payroll
Highest Reported Total Compensation
Individual Jennifer Maher · Reported title SECRETARY/EXECUTIVE DIRECTOR · Highest reported compensation $235K · Total expenses $3.3M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.1M · Total expenses $3.3M
34%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 10%
Fundraising cost ratio 7%
Revenue growth 59%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%

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 · FY2024
See all 7 funders →
Grants paid · 45 grants · $16.9M · 2020–2025
Unitemized GrantFY2025$6,021,523
Unitemized GrantFY2025$553,592
Unitemized GrantFY2024$3,858,333
Unitemized GrantFY2024$282,796
Unitemized GrantFY2023$1,759,450
Unitemized GrantFY2023$222,081
Unitemized GrantFY2023$182,000
Unitemized GrantFY2023$117,250
Unitemized GrantFY2023$62,425
Unitemized GrantFY2023$33,225
Unitemized GrantFY2023$19,800
Unitemized GrantFY2023$13,943
Unitemized GrantFY2023$8,000
Unitemized GrantFY2023$4,000
Unitemized GrantFY2023$1,315
Unitemized GrantFY2022$669,194
Unitemized GrantFY2022$203,767
Unitemized GrantFY2022$152,500
See all 45 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)$11.1M revenue · ⤓ 990 PDF
FY2024$7.8M revenue · ⤓ 990 PDF
FY2023$5.3M revenue · ⤓ 990 PDF
FY2022$4.0M revenue · ⤓ 990 PDF
FY2021$3.9M revenue · viewing · ⤓ 990 PDF
FY2020$2.4M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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