Engineering Tomorrow Co
- Assets
- $10.7m
- Revenue
- $1.2m
- Investments
- $10.3m
- Employees
- 0
- Location
- Fairfax Station, VA
- Founding
- 03/2015
- Data as of
- 08/2022
- EIN
- 47-2601470
Organization Overview
Engineering Tomorrow Co is located in Fairfax Station, VA. The organization was established in 2015. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Engineering Tomorrow Co 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 08/2022, Engineering Tomorrow Co generated $1.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $1.9m during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy J Mcniff Executive Director | 40 | $233,188 | |
Megan E Barrett Hce Director Of Operatio | 40 | $96,875 | |
Constance B Chiplock Hce Program Coordinator | 40 | $67,520 | |
Jose Centeno He Program Coordinator | 40 | $56,511 | |
Monica San Martin He Program Coordinator | 40 | $50,470 | |
William A Woodburn Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,375,440 |
| Interest on Savings | $262 |
| Dividends & Interest | $67,426 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$224,889 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,218,239 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $233,188 |
| Other employee salaries and wages | $444,579 |
| Pension plans, employee benefits | $68,355 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $15,403 |
| Printing and publications | $981 |
| Other expenses | $1,097,505 |
| Total operating and administrative expenses | $1,887,643 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,887,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $359,976 |
| 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 | $8,750 |
| Total assets | $10,654,444 |
| 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 Recieved
Over the last fiscal year, we have identified 1 grants that Engineering Tomorrow Co has recieved totaling $375,000.
| Awarding Organization | Amount |
|---|---|
Intelligent Future Foundation Wilmington, DE PURPOSE: WISCONSIN INITIATIVE - EXPENDITURE RESPONSIBILITY | $375,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Somerset Community Services Inc Marion Station, MD | $23,511,474 | $20,221,070 |
American Association Of University Women Inc Washington, DC | $138,843,361 | $18,528,803 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |
James Madison University Foundation Inc Harrisonburg, VA | $191,139,680 | $18,508,438 |
Indian Paintbrush Foundation Washington, DC | $2,617,521,485 | $1,521,981,843 |
Marine Corps Scholarship Foundation Inc Alexandria, VA | $149,128,193 | $34,285,716 |
Children Of Fallen Patriots Foundation Reston, VA | $18,264,760 | $13,060,746 |
District Of Columbia College Access Program Washington, DC | $105,959,870 | $18,161,486 |
The Hartwell Foundation Corporation Memphis, TN | $88,595,532 | $17,280,759 |
Asian And Pacific Islander American Scholarship Fund Washington, DC | $37,686,826 | $13,616,717 |
Morehead Cain Foundation Chapel Hill, NC | $0 | $13,275,596 |
Education Foundation Scholarship Endowment Trust Chapel Hill, NC | $389,903,195 | $25,351,334 |