Austin Urban Technology Movement
- Assets
- $903.2k
- Revenue
- $600.4k
- Investments
- $0.0
- Employees
- 9
- Location
- Austin, TX
- Founding
- Data as of
- 12/2021
- EIN
- 84-2709414
Organization Overview
Austin Urban Technology Movement is located in Austin, TX. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2021, Austin Urban Technology Movement employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin Urban Technology Movement 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 12/2021, Austin Urban Technology Movement generated $600.4k in total revenue. All expenses for the organization totaled $499.2k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AUSTIN URBAN TECHNOLOGY MOVEMENT BRIDGES THE GAP BETWEEN THE BLACK AND HISPANIC COMMUNITIES AND THE TECHNOLOGY INDUSTRY THROUGH JOB PLACEMENT, CAREER DEVELOPMENT, AND NETWORKING. WE PREDOMINATELY FOCUS ON INCREASING WORKFORCE DEVELOPMENT, EXPANDING DIGITAL EQUITY, AND REMOVING THE BARRIERS THAT MAKE IT DIFFICULT TO ELIMINATE SKILLS GAP IN THE TECH INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE DEVELOPMENT. EXPOSED LEARNERS TO THE TECH INDUSTRY. PLACED INDIVIDUALS IN TECH JOBS. HOSTED EVENTS DISCUSSING TECHNOLOGY TRENDS ACROSS CENTRAL TEXAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Ward Jr President And CEO | OfficerTrustee | 60 | $88,331 |
Lindsay Hackney Secretary | OfficerTrustee | 1 | $0 |
Waziri Garuba Board Member | Trustee | 1 | $0 |
Eddy Reyes Board Member | Trustee | 1 | $0 |
Mike Yates Board Member | Trustee | 1 | $0 |
Maria Campos Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,000 |
| Related organizations | $0 |
| Government grants | $12,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $578,383 |
| Noncash contributions included in lines 1a–1f | $46,440 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $600,383 |
| 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 | $600,383 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $42,125 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,331 |
| Compensation of current officers, directors, key employees. | $13,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $184,488 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,429 |
| Payroll taxes | $95,319 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,021 |
| Advertising and promotion | $0 |
| Office expenses | $2,575 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $479 |
| 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 | $7,470 |
| Insurance | $2,779 |
| All other expenses | $4,286 |
| Total functional expenses | $499,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,080 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $739,123 |
| 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 | $16,978 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $903,181 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $10,000 |
| 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 | $10,000 |
| Net assets without donor restrictions | $197,308 |
| 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 | $903,181 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Austin Urban Technology Movement has recieved totaling $707,988.
| Awarding Organization | Amount |
|---|---|
Austin Community Foundation Austin, TX PURPOSE: AWARENESS-TO-EMPLOYMENT WORKFORCE DEVELOPMENT PIPELINE | $400,000 |
Michael & Susan Dell Foundation Austin, TX PURPOSE: STRENGTHENING THEPIPELINE TO TECH CAREERS IN CENTRAL TEXAS | $200,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $105,288 |
Lpl Financial Foundation Inc Boston, MA PURPOSE: OPERATIONAL SUPPORT | $2,700 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lower Rio Grande Valley Work Force Development Board Inc McAllen, TX | $5,212,488 | $66,497,869 |
Worksource Greater Austin Area Workforce Board Austin, TX | $7,261,815 | $58,093,969 |
Workforce Solutions Borderplex Inc El Paso, TX | $5,306,845 | $45,990,076 |
Cameron Works Inc Brownsville, TX | $2,787,280 | $31,592,177 |
Ser-Jobs For Progress National Inc Irving, TX | $3,318,902 | $28,571,341 |
Central Texas Workforce Development Board Inc Belton, TX | $2,941,499 | $26,810,253 |
Heart Of Texas Workforce Development Board Inc Waco, TX | $2,034,664 | $17,688,488 |
North East Texas Workforce Development Board Inc Wake Village, TX | $1,257,688 | $15,473,387 |
Ser-Jobs For Progress Of The Texas Gulf Coast Inc Houston, TX | $10,211,758 | $9,239,776 |
Career And Recovery Resources Inc Houston, TX | $5,635,776 | $6,972,805 |
Southern Workforce Board Incorporated Durant, OK | $1,369,194 | $5,313,142 |
Relief Enterprise Of Texas Inc Austin, TX | $1,282,942 | $4,965,380 |