Techbridge Inc
- Assets
- $2.9m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 48
- Location
- Atlanta, GA
- Founding
- 02/2001
- Data as of
- 06/2023
- EIN
- 58-2531971
Organization Overview
Techbridge Inc is located in Atlanta, GA. The organization was established in 2001. According to its NTEE Classification (T02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2023, Techbridge Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Techbridge Inc 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, Techbridge Inc generated $6.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $6.4m during the year ending 06/2023. While expenses have increased by 9.9% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BREAK THE CYCLE OF GENERATIONAL POVERTY THROUGH THE INNOVATIVE USE OF TECHNOLOGY TO TRANSFORM NON-PROFIT AND COMMUNITY IMPACT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TECHNOLOGY CONSULTING - TECHBRIDGE PERFORMS CONSULTING PROJECTS FOR NONPROFIT ORGANIZATIONS TO ADDRESS TECHNOLOGY NEEDS AT AFFORDABLE RATES. WE ENABLE NONPROFITS TO GET THE TOOLS THEY NEED TO GAIN INSIGHT, COLLABORATE ON SERVICES AND PROVIDE ACCESS TO OPPORTUNITY FOR THE PEOPLE THEY SERVE.
TECHNOLOGY SUPPORT - TECHBRIDGE PROVIDES TECHNOLOGY PRODUCT HOSTING, SUPPORT AND MAINTENANCE TO NONPROFIT ORGANIZATIONS AT AFFORDABLE RATES. WE ENABLE NONPROFITS TO GET THE TOOLS THEY NEED TO GAIN INSIGHT, COLLABORATE ON SERVICES AND PROVIDE ACCESS TO OPPORTUNITY FOR THE PEOPLE THEY SERVE.
TECHNOLOGY CAREER PROGRAM (TCP) - TECHBRIDGE'S TECHNOLOGY CAREER PROGRAM IS A NO COST PROGRAM PROVIDING TECHNOLOGY AND BUSINESS EDUCATION FOR UNEMPLOYED OR UNDEREMPLOYED ADULTS AND YOUTH. TCP PREPARES ITS STUDENTS FOR A CAREER IN THE GROWING TECHNOLOGY MARKET. UPON GRADUATION, PARTICIPANTS INTERVIEW WITH PARTNER EMPLOYERS AND RECEIVE SIX MONTHS OF CAREER COACHING AND MENTORSHIP. TECHBRIDGE ALSO OFFERS OPPORTUNITIES FOR SELECTED INDIVIDUALS TO WORK IN JOBS THAT PROVIDE THEM WITH ON-THE-JOB TRAINING, SKILLS AND EXPERIENCE NEEDED FOR A CAREER IN THE TECHNOLOGY MARKET OR TECHNOLOGY-ADJACENT ROLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Armstrong CEO (ended March 2023) | Officer | 40 | $291,200 |
Manish Misri Chief Technology Officer | 40 | $181,200 | |
Barbara Augustin Chief People/operating Officer | 40 | $137,563 | |
Karen Cramer Chief Community Impact Officer | 40 | $131,200 | |
Richard Rose Director Of Engineering | 40 | $141,200 | |
Jahari Soward Chief Of Pships (thru 01/2023) | 40 | $136,200 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Zurati Software Services Pvt Ltd Technology | 6/29/23 | $366,136 |
Active Production And Design Event Production | 6/29/23 | $191,801 |
Strategic Directions Consulting Llc Project Management | 6/29/23 | $147,929 |
Exavalu Technology | 6/29/23 | $133,212 |
Silvertone It Consulting Llc Technology | 6/29/23 | $126,280 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $468,440 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,444,394 |
| Noncash contributions included in lines 1a–1f | $5,013 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,912,834 |
| Total Program Service Revenue | $4,595,482 |
| Investment income | $1,021 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$52,868 |
| Net Income from Fundraising Events | -$67,954 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,390,024 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $285,763 |
| Compensation of current officers, directors, key employees. | $41,645 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,293,936 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $353,715 |
| Payroll taxes | $208,761 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $51,241 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,478 |
| Advertising and promotion | $58,158 |
| Office expenses | $79,400 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $157,086 |
| Travel | $9,070 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $33,473 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $289,007 |
| Insurance | $20,280 |
| All other expenses | $0 |
| Total functional expenses | $6,398,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $452,087 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $474,330 |
| 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 | $154,577 |
| Net Land, buildings, and equipment | $1,346,359 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $469,073 |
| Total assets | $2,896,426 |
| Accounts payable and accrued expenses | $428,942 |
| Grants payable | $0 |
| Deferred revenue | $572,804 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $250,000 |
| Other liabilities | $491,458 |
| Total liabilities | $1,743,204 |
| Net assets without donor restrictions | $631,935 |
| Net assets with donor restrictions | $521,287 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,896,426 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Techbridge Inc Atlanta, GA | $2,896,426 | $6,390,024 |
Nonprofit Leadership Center Of Tampa Bay Inc Tampa, FL | $1,071,710 | $1,235,201 |
Maloney Foundation Inc New Port Richey, FL | $141,917 | $1,217,481 |
Brooks Skilled Nursing Facility Holdings A Inc Jacksonville, FL | $21,514,848 | $906,601 |
Leading To Movement Inc Atlanta, GA | $256,762 | $533,000 |
Hands On Northwest North Carolina Winstonsalem, NC | $829,378 | $279,928 |
Beaver Family Foundation Nashville, TN | $0 | $223,409 |
Lead Institute Inc Atlanta, GA | $0 | $0 |
Mighty Ally Nashville, TN | $135,765 | $0 |
Powered By Zerret Inc Atlanta, GA | $92,152 | $0 |
Humanistic Leadership Institute Inc Lilburn, GA | $427,621 | $218 |
Opp Vision In Action Foundation Opp, AL | $52,605 | $0 |