Technology Matters FY2023 filing
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Develops technology to help social sector organizations solve common problems. For fiscal year 2023 it reported $5.3M in revenue, $3.9M in expenses, and $1.4M in net assets.Pt I
Summary of the Filing
Where the work happens
Aselo
Aselo is tech matters' program to serve the crisis response helpline field. Aselo is an open source cloud-based contact center platform designed to make it possible for helplines to respond to people (especially children) in need via phone, SMS, webchat, whatsapp, facebook messenger, line and instagram.
Terraso
After being in development for over a year, the terraso open source software was launched in may, 2023. Terraso is designed to meet the needs of local leaders on the front lines of climate change, helping them build more regenerative local economies.
Field Building
Tech matters provides a range of resources to support the wider application of technology to the social impact field broadly. This includes our no-charge brief consultations with nonprofit leaders, regular talks and articles on tech for good, and a podcast series featuring the leaders of technology nonprofits.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Nicholas Hurlburt’s $180K as Executive Director, Aselo is at the 50th percentile of top reported officer pay among 361 $1–10M 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 · 8 named individuals · Part VII
| Name | FY2024 | FY2023 |
|---|---|---|
| James R Fruchterman | $145,817 | $244,635 |
| Nicholas Hurlburt | $180,195 | $173,469 |
| Paul Schreiber | $162,112 | $165,840 |
| Dee Luo | $147,756 | $145,545 |
| Hana Lee | — | $129,948 |
| Derek Caelin | $118,766 | $126,512 |
| Robert Davis | — | $122,917 |
| Aaron Firestone | $115,384 | — |
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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 87% | — | — |
| Overhead ratio | 13% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 1% | — | — |
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.
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