Techforce Foundation
- Assets
- $5.5m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 17
- Location
- Phoenix, AZ
- Founding
- 03/2007
- Data as of
- 12/2022
- EIN
- 59-3828402
Organization Overview
Techforce Foundation is located in Phoenix, AZ. The organization was established in 2007. 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 12/2022, Techforce Foundation employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Techforce 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 12/2022, Techforce Foundation generated $4.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $3.9m during the year ending 12/2022. While expenses have increased by 9.5% 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.
Since 2016, Techforce Foundation has awarded 30 individual grants totaling $448,942. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CHAMPION STUDENTS TO AND THROUGH THEIR EDUCATION AND INTO CAREERS AS PROFESSIONAL TECHNICIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TECHFORCE FOUNDATION PROVIDED 1,261 SCHOLARSHIPS AND GRANTS TO STUDENTS WITH FINANCIAL NEED TO PURSUE THEIR EDUCATION AND CAREERS, UNDER ESTABLISHED PLATFORMS INCLUDING, BUT NOT LIMITED TO, TUITION SCHOLARSHIPS, EMERGENCY GRANTS, ADVANCED TRAINING SCHOLARSHIPS, RELOCATION GRANTS, CAMPUS FOOD PANTRY SUPPORT AND VETERANS AT WORK MILITARY TRANSITION AWARDS. GRANTS ALSO SUPPORT OTHER NONPROFITS; AS WELL AS HIGH SCHOOL CTE (CAREER AND TECHNICAL EDUCATION) PROGRAMS AND OVERALL SCHOLARSHIPS/GRANTS SUPPORT STUDENTS SEEKING POST-SECONDARY EDUCATION AS A PROFESSIONAL TECHNICIAN IN THE AREAS OF AUTOMOTIVE, DIESEL, COLLISION REPAIR, AVIATION, MOTORCYCLE, MARINE, MOTORSPORTS, RESTORATION, WELDING AND CNC MACHINING SO THEY CAN GET TO AND THROUGH THEIR EDUCATION AND FILL THE PIPELINE OF QUALIFIED INDUSTRY TECHNICIANS.
TECHFORCE'S CAREER EXPLORATION AND WORKFORCE DEVELOPMENT PROGRAMS SUPPORT THOSE INTERESTED IN PURSUING THE TECHNICIAN PROFESSION BY CONNECTING THEM TO RESOURCES, MENTORS, EDUCATION AND EMPLOYERS. TECHFORCE WORKS TO EDUCATE PEOPLE ABOUT THE CAREER AND DISPEL OUTDATED STIGMAS; PROVIDES HANDS-ON, EXPERIENTIAL OPPORTUNITIES FOR MIDDLE SCHOOL, HIGH SCHOOL AND POST-SECONDARY STUDENTS TO ENGAGE WITH TECHNOLOGY, STEM SKILLS, AND MENTORS; CONNECT THESE STUDENTS AND WORKING TECHS WITH RESOURCES, APPRENTICESHIPS, JOBS AND SCHOOLS IN ORDER TO ADVANCE THEIR EDUCATION AND CAREERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Maher Ceo/executive Director | OfficerTrustee | 40 | $285,240 |
Angela Babin President/chairman | OfficerTrustee | 1 | $0 |
Chris Blanchette Immediate Past President | OfficerTrustee | 1 | $0 |
Kim Mccullough Vice Chair | OfficerTrustee | 1 | $0 |
David Ellis Treasurer | OfficerTrustee | 1 | $0 |
Tony Sciarra Director (thru 1/22) | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $4,677 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,915,036 |
| Noncash contributions included in lines 1a–1f | $408,240 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,919,713 |
| Total Program Service Revenue | $0 |
| Investment income | $58,467 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,988 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,043,300 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,340,969 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $332,440 |
| Compensation of current officers, directors, key employees. | $99,732 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $785,330 |
| Pension plan accruals and contributions | $12,564 |
| Other employee benefits | $60,893 |
| Payroll taxes | $74,011 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,536 |
| Fees for services: Accounting | $33,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,148 |
| Fees for services: Other | $569,476 |
| Advertising and promotion | $110,436 |
| Office expenses | $25,519 |
| Information technology | $77,550 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $47,234 |
| 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 | $216,014 |
| Insurance | $7,047 |
| All other expenses | $204,000 |
| Total functional expenses | $3,915,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $696,569 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,839,650 |
| 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 | $28,869 |
| Net Land, buildings, and equipment | $992,757 |
| Investments—publicly traded securities | $1,967,091 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,524,936 |
| Accounts payable and accrued expenses | $221,256 |
| Grants payable | $191,468 |
| 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 | $0 |
| Secured mortgages and notes payable | $145,017 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $557,741 |
| Net assets without donor restrictions | $2,002,252 |
| Net assets with donor restrictions | $2,964,943 |
| 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 | $5,524,936 |
Grants Awarded
Over the last fiscal year, Techforce Foundation has awarded $123,648 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BRONX COMMUNITY COLLEGE FOUNDATION INC PURPOSE: SCHOLARSHIPS | $7,500 |
UNIVERSITY OF THE AFTERMARKET FOUNDATION PURPOSE: SCHOLARSHIPS | $5,000 |
I-CAR COLLISION REPAIR EDUCATION FOUNDATION PURPOSE: SCHOLARSHIPS TO COLLISION REPAIR STUDENTS | $6,000 |
TECHNOLOGY AND MAINTENANCE COUNCIL ATA PURPOSE: EVENT SPONSORSHIP, SUPPORTING FUTURE TECHNICIANS | $25,000 |
ARKANSAS TRUCKING ASSOCIATION PURPOSE: SCHOLARSHIPS FOR TRUCKING INDUSTRY TECHNICIANS | $5,000 |
AUTO CARE ASSOCIATION PURPOSE: SCHOLARSHIPS TO WOMEN FUTURE TECHNICIANS | $5,810 |