Northern Virginia Technology Council Foundation
- Assets
- $88.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Falls Church, VA
- Founding
- 09/2014
- Data as of
- 06/2023
- EIN
- 46-4090178
Organization Overview
Northern Virginia Technology Council Foundation is located in Falls Church, VA. The organization was established in 2014. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Virginia 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 06/2023, Northern Virginia Technology Council Foundation generated $33.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.4%) each year. All expenses for the organization totaled $54.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE NVTC FOUNDATION WAS ESTABLISHED TO PROVIDE EDUCATIONAL AND FINANCIAL SUPPORT TO COMMUNITIES WHO ARE UNDERREPRESENTED IN REGION'S TECH SECTOR. THE FOUNDATION PROGRAMS INCLUDE AIM HIGH TALENT INITIATIVE AND KILLBERG SCHOLARSHIP FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Taylor Chair | 1.5 | $0 | |
Steve Upton Secretary | 0.3 | $0 | |
Tyler Fearn Treasurer | 0.3 | $0 | |
Bobbie Kilberg Director | 0.3 | $0 | |
Zuzana Steen Director | 0.3 | $0 | |
Tony Crescenzo Director | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,100 |
| Total Revenue | $33,100 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,917 |
| Professional fees and other payments to independent contractors | $4,771 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,819 |
| Total expenses | $54,507 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,045 |
| Other assets | $0 |
| Total assets | $88,045 |
| Total liabilities | $38,222 |
| Net assets or fund balances | $49,823 |