Techqueria EIN 83-2656715

Techqueria FY2020 filing

EIN  83-2656715 Public charity (501(c)(3)) Covina, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers Latinx professionals with resources and support to lead in tech.
Leadership
Frances Coronel · Co-Director · $25K
Money in and out
$221K revenue, $135K expenses
Bottom line
83% program efficiency

Empowers Latinx professionals with resources and support to lead in tech. For fiscal year 2020 it reported $221K in revenue, $135K in expenses, and $107K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$221K
Pt VIII · Ln 12
Total expenses
$135K
Pt IX · Ln 25
Net assets
$107K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $87K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.17
Program efficiency
83%
of spending reaches programs
Operating runway
9.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+39%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$221K
FY2020
Expenses
$135K
FY2020
Total assets
$107K
FY2020
Total liabilities
$0
FY2020
Total revenue
$221K
Pt VIII · Ln 12
Total expenses
$135K
Pt IX · Ln 25
Net assets
$107K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$87K
Total assetsPt X · Ln 16$107K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $124K of program spending, described in the organization's own filed words · FY2020.
01

To provide latinx professionals with the resources and support that they need to thrive and become leaders in the tech industry.

$124Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTechqueria
EINHdr · item D83-2656715
Principal addressHdr · item CCovina, CA
WebsiteHdr · item Jtechqueria.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J03)
Ruling yearIRS BMFMar 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1bpending
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Co-Director
$24,902Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
President Tr
$0Pt VII · Sec A

Joliz Cedeno’s $120K as Executive Director is at the 89th percentile of top reported officer pay among 1212 $100K–1M employment 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Joliz Cedeno$120,000$44,359
Jasmin Gonzalez Outgoing$60,975
Frances Coronel$55,617$24,902
Phillip Ventura$45,000
Annelise Hagar Preciado$750

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 & grants100%$221K
Total revenueLn 12$221K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.17
Program services83%$111K
Management & general17%$23K
Total functional expensesLn 25$135K

Balance Sheet

Part X · end of year
CashLn 1$107K
Total assetsLn 16$107K
Total liabilitiesLn 26$0
Total net assetsLn 32$107K
Months of cash on handcomputed9.5

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $107K · Operating expenses/yr $135K
9.5 months
Where the money goes
Program services
Program services $111K · Total expenses $135K
83%
Management & General
Management & general $23K · Total expenses $135K
17%
Fundraising
Fundraising $0 · Total expenses $135K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $221K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $221K · Total revenue $221K
100%
Government reliance
Government grants — · Total revenue $221K
Earned-income share
Program service revenue $0 · Total revenue $221K
0%
Investment reliance
Investment income $0 · Total revenue $221K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $135K
0%
Growth & trend
Revenue growth (YoY)
This year $221K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $107K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $221K · Expenses $135K
+39%
Liabilities-to-Assets
Total liabilities — · Total assets $107K
Net-asset ratio
Net assets $107K · Total assets $107K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $107K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Frances Coronel · Reported title CO-DIRECTOR · Highest reported compensation $25K · Total expenses $135K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $39K · Total expenses $135K
29%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 17%
Fundraising cost ratio 0%
Legal fee ratio 2%
Accounting 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 · received and paid
Grants received · FY2024
V-DayFY2024$10K
Total grants receivedfrom 3 funders$34K
See all 3 funders →
Grants paid · 1 grant · $11K · 2020–2020

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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)$328K revenue · ⤓ 990 PDF
FY2023$290K revenue · ⤓ 990 PDF
FY2022$304K revenue · ⤓ 990 PDF
FY2021$302K revenue · ⤓ 990 PDF
FY2020$221K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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