Techcongress Foundation
- Assets
- $4.6m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 4
- Location
- Washington, DC
- Founding
- 05/2018
- Data as of
- 12/2023
- 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 12/2023, 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.
For the year ending 12/2023, Techcongress Foundation generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $2.5m during the year ending 12/2023. 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
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 85 TECHNOLOGISTS TO CONGRESS TO SERVE ON CAPITOL HILL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Moore Executive Director/board Secretary | OfficerTrustee | 40 | $236,216 |
Laura Moy Board President | OfficerTrustee | 1 | $0 |
John Yaros Board Treasurer | OfficerTrustee | 1 | $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 | $3,657,826 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,657,826 |
| Total Program Service Revenue | $0 |
| Investment income | $577 |
| 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 | $3,658,403 |
| 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. | $263,996 |
| Compensation of current officers, directors, key employees. | $125,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $142,134 |
| Pension plan accruals and contributions | $11,827 |
| Other employee benefits | $41,064 |
| Payroll taxes | $27,809 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $56,389 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $294,424 |
| Advertising and promotion | $0 |
| Office expenses | $13,967 |
| Information technology | $25,293 |
| Royalties | $0 |
| Occupancy | $38,749 |
| Travel | $27,505 |
| 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 | $0 |
| Insurance | $8,275 |
| All other expenses | $1,734 |
| Total functional expenses | $2,472,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,830,115 |
| Savings and temporary cash investments | $1,808,297 |
| Pledges and grants receivable | $0 |
| 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 | $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 | $4,638,412 |
| Accounts payable and accrued expenses | $32,701 |
| Grants payable | $0 |
| Deferred revenue | $120,000 |
| 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 | $152,701 |
| Net assets without donor restrictions | $4,475,711 |
| Net assets with donor restrictions | $10,000 |
| 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 | $4,638,412 |