Brooklyn Tech Alumni Foundation Inc is located in Brooklyn, NY. The organization was established in 1985. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2021, Brooklyn Tech Alumni Foundation Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brooklyn Tech Alumni Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Brooklyn Tech Alumni Foundation Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE FOUNDATION IS TO SUPPORT BROOKLYN TECHNICAL HIGH SCHOOL AS THE PREMIER SPECIALIZED HIGH SCHOOL FOR STEM - SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS BY HARNESSING THE INTELLECTUAL AND FINANCIAL POWER OF TECH ALUMNI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. CAREER DAY: BRINGS 400 ALUMNI TO THE SCHOOL TO SPEAK TO A RANGE OF CLASSES CONCENTRATED IN 18 MAJOR AREAS. OVER 5000 STUDENTS BENEFIT FROM CAREER DAY; AS A RESULT OF THIS DAY, THERE ARE ALUMNI WHO HELP ESTABLISH INTERNSHIPS FOR STUDENTS AND VISITATION OPPORTUNITIES FOR FACULTY. 2. FACULTY GRANTS: PROVIDES RESOURCES TO FACULTY FOR PROFESSIONAL DEVELOPMENT AND CLASSROOM ENRICHMENT PROJECTS. THESE GRANTS ENABLE FACULTY TO REMAIN CURRENT IN THEIR PROFESSION, ENRICH THE CLASSROOM EXPERIENCE AND SUPPORT INNOVATIVE PROJECTS. 3. MATERIALS TESTING LAB: WE HAVE BEGUN WORK ON THE REPURPOSING OF AN OLD SHOP INTO A STATE OF THE ART MATERIALS TESTING LAB TO BE USED MOSTLY BY THE CIVIL ENGINEERING STUDENTS. OTHER STUDENTS USING THE LAB WILL BE FROM ARCHITECTURE, PHYSICS AND INDUSTRIAL DESIGN. THE ROOM HAS BEEN CLEANED OUT OF OLD EQUIPMENT AND DATA AND ELECTRICAL DROPS HAVE BEEN INSTALLED TO ENABLE THE INSTALLATION OF NEW EQUIPMENT. NEW FURNITURE HAS BEEN INSTALLED. WE HAVE NOW BEGUN TO ADD STATE-OF-THE-ART TESTING EQUIPMENT THAT MEETS UNIVERSITY AND INDUSTRY STANDARDS.4. ANNUAL ENGINEERS WEEK: WEEK OF EVENTS CENTERED ON ENGINEERING AND INVOLVES PROFESSIONALS AND ALUMNI. 5. CON EDISON: SUPPORT FOR THE ENVIRONMENTAL SCIENCE AND ENGINEERING LAB AND EXTENSIVE INTERNSHIP PROGRAM. 6. URBAN LAND INSTITUTE: PROVIDE INNOVATIVE PROJECTS FOR ECONOMICS CLASSES TO CREATE AN UNDERSTANDING OF URBAN DEVELOPMENT.7. A PARTNERSHIP WITH THE AMERICAN SOCIETY OF CIVIL ENGINEERS TO BRING THE FUTURE WORLD VISION PROJECT TO BROOKLYN TECH AND OUR SEVEN MIDDLE SCHOOLS IN OUR MIDDLE SCHOOL STEM PIPELINE CONSORTIUM.SCHOLARSHIPS: 1 SCHOLARSHIPS WAS AWARDED TO STUDENTS FOR FYE 6/30/21GRANTS: 79 GRANTS WERE AWARDED TO FACULTY FOR FYE 6/30/21
ALUMNI ENGAGEMENT PROGRAM: THIS PROGRAM FOSTERS TIES WITH ITS ALUMNI TO SUPPORT EDUCATIONAL PROGRAMS TO INCLUDE THE FOLLOWING:HOMECOMING: AN ANNUAL EVENT THAT HIGHLIGHTS BROOKLYN TECH'S EDUCATIONAL PROGRAMS. IT INVOLVES APPROXIMATELY 500 STUDENTS AS WELL AS CURRENT AND RETIRED FACULTY. THE IKE HELLER '43 CENTER FOR COMPUTER INTEGRATED MANUFACTURING AND ROBOTICS: A STATE-OF-THE ART FACILITY FOR STUDENT LEARNING, PROFESSIONAL DEVELOPMENT AND CAREER PREPARATION. THE CENTER HAS UNDERGONE A NUMBER OF ITERATIONS TO MAKE CUTTING EDGE TECHNOLOGY AVAILABLE TO BOTH STUDENTS AND TEACHERS. IT PROVIDES STUDENTS AND FACULTY WITH A HIGH TECH, LEARNING ENVIRONMENT THAT MEETS UNIVERSITY AND INDUSTRY STANDARDS. IN THE CENTER, STUDENTS IN THE ELECTRO-MECHANICAL, INDUSTRIAL DESIGN AND ROBOTICS CLASSES CONVERT COMPUTER-ASSISTED DESIGNS INTO THREE-DIMENSIONAL PROTOTYPES USING 3D PRINTERS AND UTILIZE CNC MACHINES TO MANUFACTURE THE PARTS.THE LEANDRO RIZZUTO INTERNSHIP PROGRAM: THIS PROGRAM PROVIDES STUDENTS WITH A VARIETY OF INTERNSHIPS (PAID AND UNPAID). ALUMNI AFFILIATED BUSINESSES AS WELL AS THE VARIOUS PARTNERSHIP ORGANIZATIONS WORK WITH THE FOUNDATION TO DEVELOP JOB DESCRIPTIONS AND CANDIDATES FOR THE POSITIONS. PARTNERS INCLUDE CON EDISON, ACE MENTORING, DOMINGO GONZALEZ ASSOCIATES, MANCINI-DUFFY, PENNONI ASSOCIATES, TURNER CONSTRUCTION AND NY INSTITUTE OF TECHNOLOGY. WE ALSO SPONSOR AN INTERNSHIP FORUM FOR UNDERCLASSMEN TO DISCUSS THE IMPORTANCE OF INTERNSHIP AND VOLUNTEER PROGRAMS AND HOW THEY MIGHT ENROLL. NATIONAL GRID MIDDLE SCHOOL STEM PIPELINE PROGRAM: INTRODUCES MIDDLE SCHOOL STUDENTS TO THE EXCITING WORLD OF SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS THROUGH PROJECT BASED LEARNING AND PREPARES THEM FOR THE SHSAT.RUBY ENGINEERS: CONNECTS CURRENT TECH FEMALE STUDENTS TO OUR FEMALE GRADUATES. PROVIDES SESSIONS ON COLLEGE AND CAREER OPTIONS, RESUME WRITING AND INTERVIEWING AND INTRODUCES CURRENT STUDENTS TO THE VAST NETWORK OF WOMEN PROFESSIONALS WHO HAVE GRADUATED FROM TECH. RECENT ALUMNI DAY: ALUMNI WHO HAVE GRADUATED DURING THE LAST FIVE YEARS, COME BACK TO TECH TO MEET WITH CLASSES. THEY DISCUSS COLLEGE LIFE, CAREER PATHWAYS AND OTHER POST-SECONDARY OPPORTUNITIES. THEY ALSO DISCUSS HOW TECH PREPARED THEM FOR COLLEGE STUDY.
THE WESTON RESEARCH SCHOLARS PROGRAM: THIS PROGRAM IS DESIGNED TO PROVIDE STUDENTS WITH A THREE-YEAR OPPORTUNITY TO PARTICIPATE IN THE CREATION OF RESEARCH PROJECTS. THE WRSP BUILDS ON BROOKLYN TECH'S STRONG STEM BASED CURRICULUM, THE EXCEPTIONAL TALENTS OF BROOKLYN TECH FACULTY AND STUDENTS, AND THE TREMENDOUS RESEARCH OPPORTUNITIES AT NYC COLLEGES, UNIVERSITIES AND RESEARCH FACILITIES. THE PROGRAM IS UNIQUE IN ITS STRUCTURE, INCORPORATING AN INTERNAL MENTOR MODEL CONSISTING OF BROOKLYN TECH TEACHERS WITH RESEARCH EXPERIENCE, STUDENT RESEARCH TEAMS, ONGOING ACTIVITIES THROUGH THE ACADEMIC YEAR AND SUMMER, AND EXTERNAL MENTORS AT MULTIPLE COLLEGES, UNIVERSITIES AND RESEARCH FACILITIES.THE STUDENTS WHO PARTICIPATE IN THIS PROGRAM DEVELOP PROJECTS THAT ARE WORTHY OF SUBMISSION TO THE REGENERON SCIENCE TALENT SEARCH, REGENERON SCIENCE AND ENGINEERING FAIR, THE GOOGLE SCIENCE FAIR, ACT-SO.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elizabeth Sciabarra Executive Director | Officer | 40 | $146,336 |
Anthony P Schirripa Vice President | OfficerTrustee | 4 | $0 |
Larry Cary President | OfficerTrustee | 4 | $0 |
Susan Mayham Vice President | OfficerTrustee | 4 | $0 |
Horace H Davis Vice President | OfficerTrustee | 4 | $0 |
Ned Steele Secretary | OfficerTrustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $191,670 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $858,718 |
Noncash contributions included in lines 1a–1f | $1,002 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,050,388 |
Total Program Service Revenue | $0 |
Investment income | $292,452 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$15,143 |
Net Income from Fundraising Events | -$163,425 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,164,272 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $38,589 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $150,726 |
Compensation of current officers, directors, key employees. | $49,015 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $364,005 |
Pension plan accruals and contributions | $8,203 |
Other employee benefits | $22,694 |
Payroll taxes | $40,360 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $47,150 |
Fees for services: Lobbying | $45,505 |
Fees for services: Fundraising | $23,050 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $111,896 |
Advertising and promotion | $63,700 |
Office expenses | $61,946 |
Information technology | $60,350 |
Royalties | $0 |
Occupancy | $63,063 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,165 |
All other expenses | $12,274 |
Total functional expenses | $1,277,752 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $155,533 |
Savings and temporary cash investments | $1,064,671 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $74,746 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $15,332,321 |
Investments—program-related | $0 |
Intangible assets | $19,200 |
Other assets | $0 |
Total assets | $16,646,471 |
Accounts payable and accrued expenses | $103,968 |
Grants payable | $44,695 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $390 |
Total liabilities | $149,053 |
Net assets without donor restrictions | $2,241,171 |
Net assets with donor restrictions | $14,256,247 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $16,646,471 |
Over the last fiscal year, we have identified 9 grants that Brooklyn Tech Alumni Foundation Inc has recieved totaling $28,250.
Awarding Organization | Amount |
---|---|
For Inspiration And Recognition Of Science And Technology First Manchester, NH PURPOSE: Program Support | $6,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $5,200 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: GENERAL OPERATING | $5,100 |
Kaminski Foundation Emmaus, PA PURPOSE: SUPPORT CHARITY | $5,000 |
May And Samuel Rudin Family Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $5,000 |
Morton Fam Foundation Long Beach, CA PURPOSE: CONTRIBUTION | $1,000 |
Beg. Balance | $12,325,645 |
Earnings | $1,330,605 |
Net Contributions | $875 |
Ending Balance | $13,657,125 |
Organization Name | Assets | Revenue |
---|---|---|
Central Catholic High School Inc Lawrence, MA | $53,774,234 | $20,404,394 |
Yeshiva University High Schools New York, NY | $22,674,721 | $20,464,649 |
Bancroft School Worcester, MA | $41,590,208 | $15,668,076 |
Woodstock Academy Woodstock, CT | $31,824,143 | $19,974,211 |
Community Academy Of Philadelphia A Pennylvania Charter School Philadelphia, PA | $18,600,792 | $22,292,096 |
Miss Halls School Inc Pittsfield, MA | $50,566,747 | $21,121,476 |
Cristo Rey Philadelphia High School Philadelphia, PA | $44,344,879 | $19,011,850 |
Valley Forge Military Academy Foundation Wayne, PA | $40,487,283 | $14,074,781 |
Rectory School Inc Pomfret, CT | $61,030,805 | $27,484,393 |
Westover School Inc Middlebury, CT | $114,183,779 | $14,889,393 |
Putney School Inc Putney, VT | $65,148,933 | $24,861,480 |
Jack M Barrack Hebrew Academy Bryn Mawr, PA | $28,446,825 | $17,100,040 |