Techcongress Foundation
- Assets
- $2.1m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 4
- Location
- Washington, DC
- Founding
- 05/2018
- Data as of
- 12/2021
- EIN
- 81-1839685
Organization Overview
Techcongress Foundation is located in Washington, DC. The organization was established in 2018. According to its NTEE Classification (S05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Techcongress Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Techcongress Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TECHCONGRESS GIVES TALENTED TECHNOLOGISTS THE OPPORTUNITY TO GAIN FIRST-HAND EXPERIENCE IN FEDERAL POLICYMAKING AND SHAPE THE FUTURE OF TECH POLICY THROUGH FELLOWSHIPS WITH MEMBERS OF CONGRESS AND CONGRESSIONAL COMMITTEES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CONGRESSIONAL INNOVATION FELLOWSHIP IS AN OPPORTUNITY FOR EARLY - MID CAREER TECHNOLOGY PROFESSIONALS TO GET HANDS ON EXPERIENCE WORKING IN CONGRESS AND LEARN ABOUT THE POLICYMAKING PROCESS. THE PROGRAM EMBRACES DIVERSITY AND BELIEVES THAT A WIDE RANGE OF VIEWS, BACKGROUNDS AND EXPERIENCE WILL CONTRIBUTE TO IMPROVED POLICY OUTCOMES.THE CONGRESSIONAL INNOVATION SCHOLARS PROGRAM IS A FELLOWSHIP EXCLUSIVELY FOR INDIVIDUALS EARLY IN THEIR CAREER (TWO - SIX YEARS OF EXPERIENCE IN AGGREGATE)OR INDIVIDUALS THAT HAVE RECENTLY FINISHED, OR ARE ON THE CUSP OF FINISHING A TECHNICAL DEGREE PROGRAM.TO DATE, TECHCONGRESS HAS SENT 65 TECHNOLOGISTS TO CONGRESS TO SERVE WITH OFFICES INCLUDING HOUSE SPEAKER NANCY PELOSI (D-CA), SENATE MAJORITY WHIP JOHN THUNE (R-SD), SENATOR RAND PAUL (R-KY), SENATOR AMY KLOBUCHAR (D-MN), THE SENATE HOMELAND SECURITY COMMITTEE AND THE HOUSE OVERSIGHT COMMITTEE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Moore Founder And Executive Director | Officer | 40 | $45,802 |
Laura Moy Board Chair | Officer | 0 | $0 |
John Yaros Treasurer | Officer | 0 | $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 | $2,491,310 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,491,310 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,498,010 |
| 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. | $60,751 |
| Compensation of current officers, directors, key employees. | $60,751 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $305,149 |
| Pension plan accruals and contributions | $1,326 |
| Other employee benefits | $17,685 |
| Payroll taxes | $7,104 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,385 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $104,922 |
| Advertising and promotion | $0 |
| Office expenses | $4,749 |
| Information technology | $6,580 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,717 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,574 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $219 |
| All other expenses | $9,317 |
| Total functional expenses | $543,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,059,863 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,242 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,111,105 |
| Accounts payable and accrued expenses | $88,587 |
| Grants payable | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $88,587 |
| Net assets without donor restrictions | $2,022,518 |
| Net assets with donor restrictions | $0 |
| 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 | $2,111,105 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Techcongress Foundation has recieved totaling $1,993,591.
| Awarding Organization | Amount |
|---|---|
New America Foundation Washington, DC PURPOSE: TRANSFER OF NET ASSETS TO SEPARATE NONPROFIT | $1,243,591 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Community Development | $500,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodson Center Washington, DC | $9,108,011 | $7,708,270 |
Institute For Local Self Reliance Inc Washington, DC | $5,924,611 | $5,562,125 |
Institute For Sustainable Infrastructure Washington, DC | $3,919,869 | $1,892,242 |
Real Estate Services Providers Council Inc Washington, DC | $550,017 | $947,467 |
Charlottesville Tomorrow Charlottesville, VA | $54,395 | $673,032 |
Small Business & Entrepreneurship Council Vienna, VA | $511,099 | $632,750 |
Maryland Farmers Market Association Inc Millersville, MD | $128,160 | $590,162 |
Techcongress Foundation Washington, DC | $2,111,105 | $2,498,010 |
National Asphalt Pavement Association Research And Education Greenbelt, MD | $5,964,767 | $388,872 |
Mileage Based User Fee Alliance Washington, DC | $50,623 | $319,483 |
Small Business Legislative Council Inc Bethesda, MD | $40,852 | $0 |
Larouche Legacy Foundation Leesburg, VA | $248,391 | $212,962 |