Technology Training Foundation Of America
- Assets
- $9.5k
- Revenue
- $262.0k
- Investments
- $0.0
- Employees
- 2
- Location
- San Diego, CA
- Founding
- Data as of
- 12/2016
- EIN
- 33-0799347
Organization Overview
Technology Training Foundation Of America is located in San Diego, CA. As of 12/2016, Technology Training Foundation Of America employed 2 individuals. Technology Training Foundation Of America 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 12/2016, Technology Training Foundation Of America generated $262.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (35.4%) each year. All expenses for the organization totaled $288.9k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (31.4%) per year over the past 2 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
2016
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION, COMPUTER REPAIR TRAINING & PLACEMENT OF COMPUTERS INTO SCHOOLS & NON-PROFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TECHNOLOGY TRAINING FOUNDATION OF AMERICA (TTFA) IS A STATEWIDE COMPUTER DONATION PROGRAM THAT PROVIDES THE NECESSARY TOOLS FOR LIFE-LONG LEARNING IN UNDERSERVED MARKETS AND COMMUNITIES AND INCREASES TECHNOLOGY KNOWLEDGE AND ACCESSIBILITY TO HIGH QUALITY, STATE-OF-THE-ART REFURBISHED COMPUTERS IN K-12 SCHOOLS AND TO NON-PROFIT ORGANIZATIONS IN CALIFORNIA.TTFA PROVIDES WORKFORCE TRAINING THROUGH ITS REFURBISHMENT/REPAIR PROGRAM AND IT PROVIDES NEEDED COMPUTERS, FOR A NOMINAL FEE, TO EXISTING COMMUNITY-BASED COMPUTER TRAINING PROGRAMS. TTFA WORKS WITH PUBLIC AND PRIVATE ORGANIZATIONS TO EXPAND TECHNOLOGY AND EDUCATION OPPORTUNITIES THROUGH SKILLS TRAINING SO THAT THE UNDERSERVED INDIVIDUALS IN THOSE PROGRAMS HAVE THE OPPORTUNITY TO ENTER THE WORKFORCE.TTFA DONATED 427 CPU'S, 32 LAPTOPS, 395 FLAT SCREENS, 427 KEYBOARDS AND MICE TO SCHOOLS AND NON-PROFIT ORGANIZATIONS IN 2016. THE PROGRAM CONTINUES TO HAVE A SIGNIFICANT IMPACT ON HELPING BRIDGE THE DIGITAL DIVIDE. IN ADDITION, ALL EQUIPMENT PROCESSED THROUGH TTFA STAYS OUT OF OUR ALREADY OVER CROWDED LANDFILLS. THIS REPORTING PERIOD, 205,955 LBS OF COMPUTERS AND ELECTONICS WERE KEPT OUT OF LANDFILLS MAKING A GRAND TOTAL OF OVER 8,543,370, LBS SINCE THE PROGRAM BEGAN, ACHIEVEMENTS THAT ARE NOT MEASURABLE ARE VISIBILITY/AWARENESS OF THE PROGRAM AND TIME GIVEN TO SUSTAIN PARTHERSHIPS WITH TRAINING CENTERS TO PROVIDE COMPUTER TRIANING. PARTNERSHIPS WITH REPAIR FACILITIES THAT TEACH AND DO COMPUTER REPAIR. PARTNERSHIPS WITH CORPORATIONS THAT PROVIDE EQUIPMENT, AND PARTNERSHIPS WITH RECYCLERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanette Roache President | OfficerTrustee | 40 | $68,750 |
Keri Giordino Treasurer | OfficerTrustee | 1 | $0 |
Jennifer Keller Secretary | OfficerTrustee | 1 | $0 |
Gene Yee Director | Trustee | 1 | $0 |
Sharon Solank Director | Trustee | 1 | $0 |
Sunny Mojonnier Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $105,591 |
| Noncash contributions included in lines 1a–1f | $103,886 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,591 |
| Total Program Service Revenue | $157,911 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,516 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $261,990 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $103,886 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $68,750 |
| Compensation of current officers, directors, key employees. | $22,917 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,133 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,471 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,017 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,297 |
| Advertising and promotion | $0 |
| Office expenses | $4,733 |
| Information technology | $240 |
| Royalties | $0 |
| Occupancy | $43,039 |
| 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 | $529 |
| Insurance | $6,544 |
| All other expenses | $0 |
| Total functional expenses | $288,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,590 |
| Savings and temporary cash investments | $7,878 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,468 |
| Accounts payable and accrued expenses | $1,959 |
| Grants payable | $0 |
| 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 | $137,656 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $139,615 |
| Unrestricted restricted net Assets | -$130,147 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | -$130,147 |
Grants Awarded
Over the last fiscal year, Technology Training Foundation Of America has awarded $91,566 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
TUCSON UNION SCHOOL DISTRICT PURPOSE: ASSIST W/TECH NEEDS | $23,300 |
OSBORN MIDDLE SCHOOL PURPOSE: ASSIST W/TECH NEEDS | $23,300 |
San Diego, CA PURPOSE: ASSIST W/TECH NEEDS | $11,650 |
SILVERWING ELEMENTARY PURPOSE: ASSIST W/TECH NEEDS | $10,080 |
BRYSON ELEMENTARY PURPOSE: ASSIST W/TECH NEEDS | $8,854 |
HERITAGE ELEMENTARY PURPOSE: ASSIST W/TECH NEEDS | $7,392 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Development Foundation Woodland, CA | $499,472 | $124,731 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Translational Genomics Research Institute Phoenix, AZ | $224,233,974 | $175,687,790 |
Central Valley General Hospital Hanford, CA | $0 | $118,529,798 |
Community Action Partnership Of San Luis Obispo County Inc San Luis Obispo, CA | $35,822,140 | $99,105,503 |
San Francisco Culinary Bartenders & Service Employees Welfare Fund Seattle, WA | $67,749,672 | $85,873,278 |
San Francisco Museum Of Modern Art San Francisco, CA | $782,459,375 | $60,826,981 |
Rogue Credit Union Medford, OR | $2,944,952,062 | $136,267,424 |
Presbyterian Retirement Communities Northwest Bellevue, WA | $589,407,305 | $86,965,439 |