Information Technology Exchange

Organization Overview

Information Technology Exchange, operating under the name Give IT Get IT, is located in Searsport, ME. The organization was established in 2002. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Give IT Get IT employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Give IT Get IT 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 12/2023, Give IT Get IT generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 11.4% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION IS TO INCREASE TECHNOLOGY ACCESS AND LITERACY FOR INDIVIDUALS, FAMILIES AND NON-PROFIT ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GET IT - THE PROVISION OF COMPUTERS AND COMPUTER TRAINING TO LOW INCOME INDIVIDUALS AND NON-PROFIT ORGANIZATIONS AT BELOW MARKET PRICES. PROVIDE TRAINING AND SUPPORT FOR ACHIEVE IMPORTANT PERSONAL, EDUCATIONAL AND EMPLOYMENT GOALS.


GIVE IT - COLLECT AND PROCESS RETIRED TECHNOLOGY FOR REUSE TO SUPPORT NON-PROFIT ORGANIZATIONS AND DISADVANTAGED INDIVIDUALS AND FAMILIES WHO NEED TECHNOLOGY ACCESS (GET IT SUPPLY).


44520 THEN USED TO KEEP MISSION PARTICIPATION FEES AS LOW AS POSSIBLE.


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Board, Officers & Key Employees

Name (title)Compensation
Scott Blake
President
$0
Dennis Tuttle
Treasurer
$0
Paul R Brown
Clerk
$0
Jodi Martin
Co-Executive Director
$83,945
Christopher Martin
Co-Executive Director
$83,513
Ted Small
Director
$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$191,222
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$191,222
Total Program Service Revenue$696,515
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $649,087
Miscellaneous Revenue$0
Total Revenue $1,536,824

Peer Organizations

Organization NameAssets
Wolfes Neck Farm Foundation Inc
Freeport, ME
$5,656,149
Francis T & Louise T Nichols Foundation
Bangor, ME
$3,034,173
Information Technology Exchange
Searsport, ME
$1,536,824
Horizon Foundation Inc
Portland, ME
$1,265,706
Lesher Family Foundation
Rockport, ME
$40,708,160
Land Conservation Assistance Network
Yarmouth, ME
$702,761
Positive Tracks Inc
Hanover, NH
$960,561
Krempels Center
Portsmouth, NH
$790,432
Burns Family Foundation Inc
Damariscotta, ME
$320,591
Watermans Community Center
North Haven, ME
$924,284
Friends Of The Ellen M Leachmemorial Home
Brewer, ME
$436,759
Lend A Helping Can Inc
Manchester, NH
$391,152
Hine Corporation
Scarborough, ME
$349,183
Islesboro Islands Trust
Islesboro, ME
$295,397
Shafmaster Charitable Foundation
Newington, NH
$331,769
Sturdivant Island Tuna Tournament Charitable Foundation
Gorham, ME
$269,505
Givesendgo Charities
Salem, NH
$581,742
Charitable Division Of The Rotary Club Of Portsmouth New Hampshire
Portsmouth, NH
$288,325
Tim Thomas Foundation
Cumberland, ME
$0
Hanover N H Rotary Charities Inc
Hanover, NH
$193,195
Medomak Valley All Sports Boosters
Waldoboro, ME
$0
Center For Life Managementfoundation
Derry, NH
$193,790
Womenaid Of Greater Portsmouth
Portsmouth, NH
$0
Mount Washington Valley Kiwanis Club Charitable Foundation
North Conway, NH
$0
Maine Blue Collar Scholarship Foundation
Gorham, ME
$359,930

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