Eastern Technology Council Foundation
- Assets
- $58.3k
- Revenue
- $44.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 06/1999
- Data as of
- 12/2021
- EIN
- 23-2976799
Organization Overview
Eastern Technology Council Foundation is located in Philadelphia, PA. The organization was established in 1999. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastern Technology Council Foundation 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 12/2021, Eastern Technology Council Foundation generated $44.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 38.7% each year . All expenses for the organization totaled $7.7k during the year ending 12/2021. While expenses have increased by 12.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $44,380 |
| Interest on Savings | $6 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $44,386 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $654 |
| Contributions, gifts, grants paid | $7,000 |
| Total expenses and disbursements | $7,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,265 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $58,265 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Eastern Technology Council Foundation has awarded $7,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
GREENLIGHT FUND PURPOSE: TO FUND SOCIAL INNOVATIONS TO BALTIMORE AND BAY AREA. | $2,500 |
PHILADELPHIA YOUTH BASKETBALL INC PURPOSE: DONATION TO ONE PHILADELPHIA INITIATIVE | $2,500 |
Philadelphia, PA PURPOSE: DONATION TO ONE PHILADELPHIA ALTERNATIVE | $1,000 |
BLACKS UNITED IN LEADING TECH INT'L INC PURPOSE: MEMBERSHIP DUES IN PHILADELPHIA CHAPTER | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Jersey Charter Public Schools Association A New Jersey Non-Profi Hamilton, NJ | $3,579,653 | $10,181,414 |
Education Reform Now Advocacy Inc New York, NY | $9,049,502 | $13,254,867 |
Education Reform Now Inc New York, NY | $12,856,272 | $9,742,321 |
Zuckerman Institute Charitable Uta 09302015 New York, NY | $457,938 | $7,031,465 |
Ohio State Innovation Foundation Columbus, OH | $6,188,077 | $3,748,357 |
Character Lab Inc Philadelphia, PA | $4,681,422 | $6,946,574 |
College Of Physicians Of Philadelphia Philadelphia, PA | $49,395,959 | $7,255,479 |
Calyx Institute Brooklyn, NY | $4,391,437 | $6,703,987 |
Achieve Inc Silver Spring, MD | $324,503 | $3,902,025 |
Eskolta School Research And Design Inc New York, NY | $3,454,540 | $3,524,860 |
State Educational Technology Directors Association Glen Burnie, MD | $1,209,563 | $3,539,021 |
Heterodox Academy New York, NY | $1,652,564 | $2,832,778 |