Techequity Action

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EIN 86-2362127 Membership association Martinez, CA NTEE R05
Form 990 (PDF)

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Revenue & expenses by yearFY2023–FY2024
Revenue
$102K
FY2024▼ -77%
Expenses
$209K
FY2024▲ +100%

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).


Empowers tech workers to advocate for justice and structural change in the industry. For fiscal year 2024 it reported $102K in revenue, $209K in expenses, and $326K in net assets.Pt I

Founded
2020
Type
Membership association · Civil Rights & Advocacy
Location
Martinez, CA
Website
www.techequityaction.org
Filings
2 on file (2023–2024)
Revenue
$102KFY2024
Expenses
$209K
Net assets
$326K
People
4
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Size
$100K–1M
What they do
Empowers tech workers to advocate for justice and structural change in the industry.
Leadership
Matt Ewing · Chair
Money in and out
$102K revenue, $209K expenses
Bottom line
-105% operating surplus
Membership & operating revenue · FY2024
Total revenue
$102K
Pt VIII · Ln 12
Total expenses
$209K
Pt IX · Ln 25
Net assets
$326K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$107K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.29 Fundraising $0.01
Operating surplus
-105%
revenue over expenses▼ -237% vs prior filing year
Earned revenue
0%
of revenue from program services & dues
Payroll share
26%
of spending is salaries & benefits▼ -14% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$369K
FY2024▼ -21%
Total liabilities
$43K
FY2024▲ +27%
Revenue less expensesPt I · Ln 19−$107K
Total assetsPt X · Ln 16$369K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CTechequity Action
EINHdr · item D86-2362127
Principal addressHdr · item CMartinez, CA
WebsiteHdr · item Jwww.techequityaction.org
Year of formationHdr · item L2020
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R05)
Ruling yearIRS BMFMar 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
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
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
See Techequity Action executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $147K of program spending, described in the organization's own filed words · FY2024.
01

Through grants we were able to advance artificial intelligence (AI) governance in California by engaging at the intersection of civil society and the public sector to raise public consciousness about economic equity issues that result from the tech industry's products and practices, and advocate for change that ensures tech's evolution…

$147Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$100K · 98%
Other revenue$2K · 2%
Contributions & grants98%$100K
Other revenue2%$2K
Total revenueLn 12$102K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.29 Fundraising $0.01
Program services70%$147K
Management & general29%$61K
Fundraising1%$1K
Total functional expensesLn 25$209K

Balance Sheet

Part X · end of year
CashLn 1$368K
Total assetsLn 16$369K
Total liabilitiesLn 26$43K
Total net assetsLn 32$326K
Months of cash on handcomputed21.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $368K · Operating expenses/yr $209K
21.1 months
Where the money goes
Program services
Program services $147K · Total expenses $209K
70%
Management & General
Management & general $61K · Total expenses $209K
29%
Fundraising
Fundraising $1K · Total expenses $209K
0.5%
Cost to raise $1
Fundraising expense (3-yr avg) $356 · Solicited contributions (3-yr avg) $295K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $100K · Total revenue $102K
98%
Government reliance
Government grants — · Total revenue $102K
—
Earned-income share
Program service revenue $0 · Total revenue $102K
0%
Investment reliance
Investment income $0 · Total revenue $102K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $209K
0%
Growth & trend
Revenue growth (YoY)
This year $102K · Prior year $450K
-77%
Net-asset trend (YoY)
End of year $326K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $102K · Expenses $209K
-105%
Liabilities-to-Assets
Total liabilities — · Total assets $369K
—
Net-asset ratio
Net assets $326K · Total assets $369K
88%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $369K
0%
People & payroll
Highest Reported Total Compensation
Individual Matt Ewing · Reported title CHAIR · Highest reported compensation $0 · Total expenses $209K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $54K · Total expenses $209K
26%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 70%——
Overhead ratio 29%——
Fundraising cost ratio 1%——
Revenue growth -77%——

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 · FY2024
Total grants receivedfrom 1 funder$100K

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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$450K revenue · ⤓ 990 PDF
FY2023$336K 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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