Famtechorg EIN 92-2271381 Form 990 (PDF) Claim this org

Famtechorg FY2024 filing

Not yet claimed Claim this org →

Provides unbiased caregiver support information and fosters informed decisions. For fiscal year 2024 it reported $553K in revenue, $108K in expenses, and $460K in net assets.Pt I

Founded
2023
Type
Business league / trade association · Community Development
Location
Washington, DC
Website
famtech.org
Filings
2 on file (2024–2024)
Revenue
$553KFY2024
Expenses
$108K
Net assets
$460K
People
6
Filings
2
Updates
0
More identity details & actions ⌄
EIN  92-2271381 Business league / trade association Washington, DC Founded 2023
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Famtechorg claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Provides unbiased caregiver support information and fosters informed decisions.
Leadership
Anna Steffney · Executive Director · $41K
Money in and out
$553K revenue, $108K expenses
Bottom line
+80% operating surplus
Membership & operating revenue · FY2024
Total revenue
$553K
Pt VIII · Ln 12
Total expenses
$108K
Pt IX · Ln 25
Net assets
$460K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $445K
Where spending went · Part IX cols B–D
Program services $0.37 Management & general $0.63
Operating surplus
+80%
revenue over expenses
Earned revenue
7%
of revenue from program services & dues
Payroll share
38%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$553K
FY2024
Expenses
$108K
FY2024
Total assets
$460K
FY2024
Total liabilities
$281
FY2024
Total revenue
$553K
Pt VIII · Ln 12
Total expenses
$108K
Pt IX · Ln 25
Net assets
$460K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$445K
Total assetsPt X · Ln 16$460K
Program-expense ratioPt IX · col B37%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFamtechorg
EINHdr · item D92-2271381
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jfamtech.org
Year of formationHdr · item L2023
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFCommunity Development (S41)
Ruling yearIRS BMFAug 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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
Executive Director
$41,281Pt VII · Sec A
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Anna Steffney’s $100K as Executive Director is at the 20th percentile of top reported officer pay among 2830 $1–10M community development 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 · 1 named individual · Part VII

NameFY2025FY2024
Anna Steffney$100,176$41,281

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 Famtechorg executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $41K of program spending, described in the organization's own filed words · FY2024.
01

Programs and publicationsthis constitutes the majority of the organization's work and includes resources for entrepreneurs, investors, and stakeholders (available to members and non-members).

$28Kprogram expense
02

Fundraising COURSESFAMTECH.ORG provides comprehensive fundraising courses, which are a key component of our educational offerings. These courses are publicized through multiple channels, including our website, email newsletters, social media platforms and partner communications.

$8Kprogram expense
03

ADVOCACYFAMTECH.ORG dedicates a portion of its efforts to establishing a unified voice across the famtech industry by fostering broader engagement with policymakers and stakeholders. Our advocacy efforts encompass various activities aimed at positively influencing the industry landscape.

$4Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$512K · 93%
Program service revenue$38K · 7%
Investment income$3K · 1%
Contributions & grants93%$512K
Program service revenue7%$38K
Investment income1%$3K
Total revenueLn 12$553K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.37 Management & general $0.63
Program services37%$41K
Management & general63%$68K
Total functional expensesLn 25$108K

Balance Sheet

Part X · end of year
CashLn 1$38K
Total assetsLn 16$460K
Total liabilitiesLn 26$281
Total net assetsLn 32$460K
Months of cash on handcomputed4.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $460K · Operating expenses (Pt IX) $108K · Less non-cash grants $512K · Cash operating expenses/yr $-404K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $41K · Total expenses $108K
37%
Management & General
Management & general $68K · Total expenses $108K
63%
Fundraising
Fundraising $0 · Total expenses $108K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $512K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $512K · Total revenue $553K
93%
Government reliance
Government grants — · Total revenue $553K
Earned-income share
Program service revenue $38K · Total revenue $553K
7%
Investment reliance
Investment income $3K · Total revenue $553K
+0.5%
Program self-sufficiency
Program service revenue $38K · Total expenses $108K
35%
Growth & trend
Revenue growth (YoY)
This year $553K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $460K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $553K · Expenses $108K
+80%
Liabilities-to-Assets
Total liabilities — · Total assets $460K
Net-asset ratio
Net assets $460K · Total assets $460K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $422K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $460K
92%
People & payroll
Highest Reported Total Compensation
Individual Anna Steffney · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $41K · Total expenses $108K
38%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $41K · Total expenses $108K
38%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 37%
Overhead ratio 63%
Fundraising cost ratio 0%
Accounting fee ratio 2%

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.

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.0M revenue · ⤓ 990 PDF
FY2024$553K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.