Instructional Telecommunications Foundation Inc
- Assets
- $36.6m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 11
- Location
- Boulder, CO
- Founding
- 01/2001
- Data as of
- 03/2024
- EIN
- 84-0943035
Organization Overview
Instructional Telecommunications Foundation Inc, operating under the name Voqal Usa, is located in Boulder, CO. The organization was established in 2001. According to its NTEE Classification (W50) the organization is classified as: Telecommunications, under the broad grouping of Public & Societal Benefit and related organizations. As of 03/2024, Voqal USA employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Voqal USA is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 03/2024, Voqal USA generated $6.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $5.2m during the year ending 03/2024. While expenses have increased by 3.7% 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.
Since 2015, Voqal USA has awarded 440 individual grants totaling $31,769,509. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
INSTRUCTIONAL TELECOMMUNICATIONS FOUNDATION, INC. (ITF, INC.) DBA MISSION TELECOM IS A NONPROFIT TELECOMMUNICATIONS ORGANIZATION THAT IS TRANSFORMING CONNECTIVITY BY PROVIDING AFFORDABLE BROADBAND TO UNDER-RESOURCED COMMUNITIES, INCLUDING NONPROFITS, SCHOOLS, AND LIBRARIES. WE REINVEST OUR SURPLUS INTO DRIVING SOCIAL CHANGE. OUR PRODUCTS AND SERVICES EMPOWER ORGANIZATIONS TO THRIVE IN AN INTERCONNECTED WORLD. -PEOPLE-CENTERED: WE PRIORITIZE INDIVIDUALS' UNIQUE NEEDS, ASPIRATIONS, AND CONCERNS, TAILORING OUR SERVICES TO EMPOWER AND CONNECT EVERY PERSON EFFECTIVELY.-BOLD: WE EMBRACE CHALLENGES AND PUSH BOUNDARIES TO LEAD THE WAY IN TELECOMMUNICATIONS WITH TRANSFORMATIVE SOLUTIONS.-DATA & INSIGHTS-DRIVEN: WE USE A DATA-DRIVEN APPROACH TO INFORM OUR STRATEGIES AND DECISION-MAKING, ENSURING RESOURCES ARE UTILIZED EFFICIENTLY FOR MAXIMUM IMPACT.-RESPECTFUL: WE HONOR THE DIGNITY AND VALUE OF EVERYONE, TREATING ALL INDIVIDUALS WITH KINDNESS, COMPASSION, AND PROFESSIONALISM TO FOSTER TRUST AND
Describe the Organization's Program Activity:
Part 3 - Line 4a
ITF, INC. MAINTAINS A SEPARATE GRANTMAKING PROGRAM WITH THREE AREAS OF FOCUS: 501(C)(4) MULTIRACIAL DEMOCRACY AND POWER BUILDING, TELECOM JUSTICE, MOVEMENT INFRASTRUCTURE: TECHNOLOGY, DATA AND CAPACITY.
BROADBAND ACCESS INITIATIVE: ITF, INC. IS DEVELOPING A PROGRAM TO PROVIDE AFFORDABLE, HIGH-QUALITY, WIRELESS BROADBAND SERVICES TO NONPROFIT AND SOCIAL GOOD ORGANIZATIONS; EMPOWERING THEM TO THRIVE IN THE DIGITAL AGE. OUR CUSTOMERS AND PARTNERS WILL HELP ELIMINATE SOCIAL DISPARITIES AND, TOGETHER, WE ENSURE THAT DIGITALLY-ENABLED OPPORTUNITIES AND EDUCATIONAL RESOURCES ARE ACCESSIBLE TO ALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhea Yaw-Ching Executive Dir. | Officer | 45 | $198,760 |
Barbara Hunter CFO & Cao | 45 | $168,569 | |
Stephen Kowal Cto | 45 | $134,535 | |
James Traynor Director & VP | OfficerTrustee | 3 | $10,000 |
Jamaa Bickley-King Director | Trustee | 3 | $7,500 |
Nse Nfot Director | Trustee | 3 | $7,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ebs Support Services Mgmt Services | 3/30/22 | $1,445,109 |
Robbins Russell Englert Orseck & Untereine Legal | 3/30/22 | $210,047 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $522,171 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $5,843,228 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$131,061 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,200,292 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,435,000 |
| 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. | $402,177 |
| Compensation of current officers, directors, key employees. | $402,177 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $664,643 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $302,669 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $180,794 |
| Fees for services: Accounting | $21,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $133,648 |
| Fees for services: Other | $492,960 |
| Advertising and promotion | $169,066 |
| Office expenses | $63,730 |
| Information technology | $116,520 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $111,295 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,166,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,115,926 |
| Savings and temporary cash investments | $1,320,655 |
| 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 | $52,295 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $27,082,965 |
| Investments—other securities | $0 |
| Investments—program-related | $5,484,912 |
| Intangible assets | $1,350,234 |
| Other assets | $150,000 |
| Total assets | $36,556,987 |
| Accounts payable and accrued expenses | $248,301 |
| Grants payable | $0 |
| Deferred revenue | $432,008 |
| 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 | $680,309 |
| Net assets without donor restrictions | $35,876,678 |
| 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 | $36,556,987 |
Grants Awarded
Over the last fiscal year, Instructional Telecommunications Foundation Inc has awarded $2,425,000 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
AFFORDABLE BROADBAND CAMPAIGN PURPOSE: CORE SUPPORT | $30,000 |
CENTER FOR EMPOWERED POLITICS PURPOSE: CORE SUPPORT - PCA | $100,000 |
BLACK VOTERS MATTER PURPOSE: CORE SUPPORT - PCA | $50,000 |
BLACK ALLIANCE FOR JUSTICE FO PURPOSE: CORE SUPPORT | $20,000 |
BOREALIS PHILANTHROPY PURPOSE: COMMUNITIES TRANSFORMING POLICING | $50,000 |
BALLOT INITIATIVE STRATEGY CE PURPOSE: DEFEND DIRECT DEMOCRACY | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Instructional Telecommunications Foundation Inc Boulder, CO | $36,556,987 | $6,200,292 |
Native Public Media Inc Flagstaff, AZ | $1,160,972 | $941,987 |
Wet Mountain Broadcasting Corp Westcliffe, CO | $238,359 | $0 |
Bush Telegraph Mission Phoenix, AZ | $0 | $0 |
Oklahoma Municipal Service Corporation Oklahoma City, OK | $163,249 | $0 |
Mycelia Foundation Las Cruces, NM | $298,327 | $342,703 |
Law Matters Tucson, AZ | $1,667 | $0 |
Rocky Mountain Ham Radio Inc Evergreen, CO | $300,491 | $0 |