Tech My School EIN 66-0996264

Tech My School

EIN  66-0996264 Public charity (501(c)(3)) Luquillo, PR
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Size
$100K–1M
What they do
Equipping Puerto Rican schools with technology and training to improve education for children.
Leadership
Robert Cobbs · President
Money in and out
$926K revenue, $647K expenses
Bottom line
63% program efficiency

Equipping Puerto Rican schools with technology and training to improve education for children. For fiscal year 2024 it reported $926K in revenue, $647K in expenses, and $754K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$926K
Pt VIII · Ln 12
Total expenses
$647K
Pt IX · Ln 25
Net assets
$754K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $279K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.26 Fundraising $0.11
Program efficiency
63%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
15.0mo
months of highly liquid reserves at operating expense rate▲ +111% vs prior filing year
Surplus margin
+30%
revenue over expenses, this year▼ -5% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$926K
FY2024▼ -21%
Expenses
$647K
FY2024▼ -19%
Total assets
$754K
FY2024▲ +59%
Total liabilities
$0
FY2024
Total revenue
$926K
Pt VIII · Ln 12
Total expenses
$647K
Pt IX · Ln 25
Net assets
$754K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$279K
Total assetsPt X · Ln 16$754K
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

3 program services account for $410K of program spending, described in the organization's own filed words · FY2024.
01

We train staff at our partner schools every month about the latest in technology and the latest instructional tools strategies etc.

$322Kprogram expense
02

We provide strategic planning with school administrations in which we create a roadmap for 21st century learning and ensure systems are in place for success.

$56Kprogram expense
03

We help schools improve literacy by providing them with digital libraries training teachers and students on how to best utilize libraries and other literacy softwares and managing the systems of these programs.

$31Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTech My School
EINHdr · item D66-0996264
Principal addressHdr · item CLuquillo, PR
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFMar 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$926K
Total revenueLn 12$926K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.26 Fundraising $0.11
Program services63%$410K
Management & general26%$167K
Fundraising11%$70K
Total functional expensesLn 25$647K

Balance Sheet

Part X · end of year
CashLn 1$754K
Total assetsLn 16$754K
Total liabilitiesLn 26$0
Total net assetsLn 32$754K
Months of cash on handcomputed14.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $754K · Operating expenses (Pt IX) $647K · Less non-cash grants $44K · Cash operating expenses/yr $603K
15.0 months
Where the money goes
Program services
Program services $410K · Total expenses $647K
63%
Management & General
Management & general $167K · Total expenses $647K
26%
Fundraising
Fundraising $70K · Total expenses $647K
11%
Cost to raise $1
Fundraising expense (3-yr avg) $33K · Solicited contributions (3-yr avg) $788K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $926K · Total revenue $926K
100%
Government reliance
Government grants $0 · Total revenue $926K
0%
Earned-income share
Program service revenue $0 · Total revenue $926K
0%
Investment reliance
Investment income $0 · Total revenue $926K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $647K
0%
Growth & trend
Revenue growth (YoY)
This year $926K · Prior year $1.2M
-21%
Net-asset trend (YoY)
End of year $754K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $926K · Expenses $647K
+30%
Liabilities-to-Assets
Total liabilities — · Total assets $754K
Net-asset ratio
Net assets $754K · Total assets $754K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $754K
0%
People & payroll
Highest Reported Total Compensation
Individual Robert Cobbs · Reported title President · Highest reported compensation $0 · Total expenses $647K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $647K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 26%
Fundraising cost ratio 8%
Revenue growth -21%
Investment management fee ratio 0%
Legal fee ratio 4%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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 · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$45K

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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
FY2024 (Latest)$926K revenue · viewing · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$267K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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