The Extreme Tech ChallengeSM (XTC) is a 501(c)(3) nonprofit devoted to elevating the next-generation of entrepreneurs creating new technologies and innovations to benefit humankind. XTC supports and showcases the innovators harnessing the power of technology to address the greatest challenges facing humanity and our planet.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$288K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $30K a year · 4% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$288K
to officers and key staff · 37% of spending
Concern: pay to officers and key staff is 37% of spending; over 30%.
Pt VII · Sec A
8 mo
of spending, in cash
Looks good: 7.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4K
0.8% of total assets
Looks good: liabilities are 1% 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
$547K
+37% vs prior year
Spent
$778K
To programs
70%
Net assets
$504K
By yearFY2020–FY2025
Revenue
$547K
FY2022▲ +37%
Tap a bar for its year
Revenue by fiscal year
FY2020$717K
FY2021$400K
FY2022$547K
FY2023$956K
FY2024$769K
FY2025$622K
Expenses
$778K
FY2022▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$128K
FY2021$702K
FY2022$778K
FY2023$874K
FY2024$1.1M
FY2025$620K
Net assets
$504K
FY2022▼ -31%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.1M
FY2021$735K
FY2022$504K
FY2023$586K
FY2024$268K
FY2025$270K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $542K Management & general 13% · $102K Fundraising 17% · $134K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

6 people listed on the 990; $288K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Managing Director
$287,500Pt VII · Sec A
Chairman of the Board and President
$0Pt VII · Sec A
Board Member and CFO
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Victoria Slivkoff’s $193K as Executive Managing Director is at the 93rd percentile of top reported officer pay among 312 $100K–1M science & technology 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Victoria Slivkoff$193,385$397,094$379,375$287,500$309,077
Nancy Yuan—$105,826$132,000——

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.

See Extreme Tech Challenge executive salaries →

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 15aNo

Programs and updates

Supports and showcases entrepreneurs creating innovative technologies to benefit humanity.

Questions for Extreme Tech Challenge

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Your first name shows with your question. Extreme Tech Challenge answers here, for everyone.

1 program · $542K · in their own filed words · FY2022
01

Extreme Tech Challenge Startup Competition

A startup competition for entrepreneurs addressing global challenges. The competition draws from the united nations sustainable development goals and connects innovators with a network of investors, corporations, and mentors to help them raise capital, launch corporate collaborations, and scale their world-changing startups.

$542Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$50
Grants paid · 1 grant · $10K · 2023–2023
Sosv Investments LLCFY2023$10,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$547K
Ln 12
Gifts and grantsLn 1h$547K
Money outPt IX
$778K
Ln 25
Programscol B$542K
Managementcol C$102K
Fundraisingcol D$134K
Owns and owesPt X
$504K
net assets · Ln 32
Cash and savingsLn 1–2$506K
Total assetsLn 16$508K
LiabilitiesLn 26$4K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$547K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Total revenueLn 12$547K
Assets in detailPt X, end of year
CashLn 1$506K
Cash and savings togetherLn 1–2$506K
Land, buildings, equipmentLn 10c$544
Total assetsLn 16$508K
LiabilitiesLn 26$4K
Net assetsLn 32$504K
OperationsPt I, VI
EmployeesI 50
VolunteersI 675
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$756K$506K
Land, buildings, equipmentLn 10c$979$544
Total assetsLn 16$757K$508K
LiabilitiesLn 26$22K$4K
Net assetsLn 32$735K$504K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$288K$163K$29K$95K
Other salaries and wagesLn 7$48K$27K$5K$16K
Payroll taxesLn 10$18K$10K$3K$5K
Accounting feesLn 11c$11K$11K
Other fees for servicesLn 11g$203K$154K$44K$5K
Advertising and promotionLn 12$258$90$168
Office expensesLn 13$6K$2K$4K$100
Information technologyLn 14$2K$1K$1K$8
TravelLn 17$94K$82K$335$12K
Conferences, conventions and meetingsLn 19$2K$2K
Depreciation, depletion and amortizationLn 22$435$435
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$102K$100K$2K$283
Total functional expensesLn 25$778K$542K$102K$134K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Mar 16, 2026 $622K$620K$2K$270K 990 PDF
FY2024Filed with the IRS Apr 3, 2025 $769K$1.1M−$318K$268K 990 PDF
FY2023Filed with the IRS Mar 7, 2024 $956K$874K$82K$586K 990 PDF
FY2022 ViewingFiled with the IRS May 16, 2023 $547K$778K−$231K$504K 990 PDF
FY2021Filed with the IRS Jun 10, 2022 $400K$702K−$302K$735K 990 PDF
FY2020Filed with the IRS Sep 22, 2021 $717K$128K$589K$1.1M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $546,934 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $399,967$546,934
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $399,967$546,934
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $323,235$353,930
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $378,975$424,347
I-18 Total expensesPrior year $702,210$778,277
I-19 Revenue less expensesPrior year −$302,243−$231,343
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $546,934 across 9 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$546,934
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$546,934
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$546,934
Part IX · Statement of functional expenses $778,277 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $163,001 · Management $29,204 · Fundraising $95,295$287,500
IX-7 Other salaries and wagesPrograms $27,222 · Management $4,877 · Fundraising $15,915$48,014
IX-10 Payroll taxesPrograms $10,396 · Management $3,051 · Fundraising $4,969$18,416
IX-11c Accounting feesManagement $10,526$10,526
IX-11g Other fees for servicesPrograms $154,392 · Management $43,575 · Fundraising $5,407$203,374
IX-12 Advertising and promotionPrograms $90 · Management $168$258
IX-13 Office expensesPrograms $1,877 · Management $3,783 · Fundraising $100$5,760
IX-14 Information technologyPrograms $1,211 · Management $1,184 · Fundraising $8$2,403
IX-17 TravelPrograms $81,937 · Management $335 · Fundraising $12,106$94,378
IX-19 Conferences, conventions and meetingsPrograms $1,758$1,758
IX-22 Depreciation, depletion and amortizationManagement $435$435
IX-23 InsuranceManagement $3,055$3,055
IX-24 Other expenses (24a–d)Programs $100,112 · Management $2,005 · Fundraising $283$102,400
IX-25 Total functional expensesPrograms $541,996 · Management $102,198 · Fundraising $134,083$778,277
Part X · Balance sheet $508,211 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $755,630$505,573
X-9 Prepaid expenses and deferred chargesStart of year $460$2,094
X-10c Land, buildings and equipment, netStart of year $979$544
X-16 Total assetsStart of year $757,069$508,211
X-17 Accounts payable and accrued expensesStart of year $21,664$4,149
X-26 Total liabilitiesStart of year $21,664$4,149
X-27 Net assets without donor restrictionsStart of year $735,405$504,062
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $735,405$504,062
X-33 Total liabilities and net assetsStart of year $757,069$508,211
Part XI · Reconciliation of net assets $504,062 net assets at year end
XI-1 Total revenue$546,934
XI-2 Total expenses$778,277
XI-3 Revenue less expenses−$231,343
XI-4 Net assets at start of year$735,405
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$504,062

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

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