Telecom for Change FY2023 filing

Mesa, AZ · Public foundation / grantmaker · Since 2015 · Foundations & Grantmakers

✓ Tax-deductible Latest data FY2023
Revenue
$314K
▲ +61% vs prior year
Spent
$333K
To programs
68%
Net assets
$62K
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
1 funder — Amazonsmile Foundation
$169 in the latest grant year.
Spent on programs?
68% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +61% vs prior year
Legal name (IRS)Hdr · item CTelecom for Change
EINHdr · item D81-1040875
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 2017
Year of formationHdr · item L2015
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CMesa, AZ
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
WebsiteHdr · item Jtelecomforchange.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.32
Program services68%$228K
Management & general32%$105K
Total functional expensesLn 25$333K

Financial health

Revenue & expenses by yearFY2020–FY2025
Revenue
$314K
FY2023▲ +61%
Expenses
$333K
FY2023▲ +74%
Program efficiency
68%
of spending reaches programs
Operating runway
3.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$185K
FY2023▲ +128%
Total liabilities
$123K
FY2023
Revenue less expensesPt I · Ln 19−$19K
Total assetsPt X · Ln 16$185K
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Balance Sheet

Part X · end of year
CashLn 1$83K
Total assetsLn 16$185K
Total liabilitiesLn 26$123K
Total net assetsLn 32$62K
Months of cash on handcomputed3.0

Statement of Revenue

Part VIII
Program service revenue$186K · 59%
Contributions & grants$128K · 41%
Program service revenue59%$186K
Contributions & grants41%$128K
Investment income$3
— government grantsLn 1e$128K
Total revenueLn 12$314K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $83K · Operating expenses (Pt IX) $333K · Less non-cash grants $29K · Cash operating expenses/yr $304K
3.3 months
Where the money goes
Program services
Program services $228K · Total expenses $333K
68%
Management & General
Management & general $105K · Total expenses $333K
32%
Fundraising
Fundraising $0 · Total expenses $333K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $73K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $128K · Total revenue $314K
41%
Government reliance
Government grants $128K · Total revenue $314K
41%
Earned-income share
Program service revenue $186K · Total revenue $314K
59%
Investment reliance
Investment income $3 · Total revenue $314K
<0.01%
Program self-sufficiency
Program service revenue $186K · Total expenses $333K
56%
Growth & trend
Revenue growth (YoY)
This year $314K · Prior year $195K
+61%
Net-asset trend (YoY)
End of year $62K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $314K · Expenses $333K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $185K
—
Net-asset ratio
Net assets $62K · Total assets $185K
33%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $185K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Carol Beering · Reported title EVENT CHAIR · Highest reported compensation $0 · Total expenses $333K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $333K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 68%——
Overhead ratio 32%——
Fundraising cost ratio 0%——
Revenue growth 61%——
Legal fee ratio 0.2%——
Accounting fee ratio 0.5%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Event Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Marketing Ch
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
See Telecom for Change executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Mission and programs

Provides game-changing donations directly to overlooked, underfunded local charities.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2023.
01

Telecome for change's mission is to provide aid to local grassroots charitable organizations, often overlooked and udnerfunded, by providing game changing donations that go directly to the cause rather than administrative costs through fundraising events and contributions. It accomplished that.

Pt IX · col B

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Funders

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

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$169
Grants paid · 5 grants · $144K · 2021–2021
Xposure Inclusion & DiversityTX · FY2021$34,000
The Younique FoundationUT · FY2021$12,602
Hugs for Brady FoundationNJ · FY2021$5,766

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $131K$237K-70% 990 PDF
FY2024 $439K$317K+40% 990 PDF
FY2023 Viewing $314K$333K+61% 990 PDF
FY2022 $195K$191K-54% 990 PDF
FY2021 $421K$167K+449% 990 PDF
FY2020 $77K— 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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