Techequity Collaborative
- Assets
- $1.0m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 15
- Location
- Martinez, CA
- Founding
- Data as of
- 06/2023
- EIN
- 85-1685217
Organization Overview
Techequity Collaborative is located in Martinez, CA. According to its NTEE Classification (L01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, Techequity Collaborative employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Techequity Collaborative 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 06/2023, Techequity Collaborative generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 27.2% each year . All expenses for the organization totaled $2.1m during the year ending 06/2023. While expenses have increased by 30.4% per year over the past 3 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO MOBILIZE TECH WORKERS AND COMPANIES TO ADVANCE STRUCTURAL CHANGE THAT ADDRESSES ECONOMIC INEQUITY AT ITS ROOTS, FOCUSING ON HOUSING AND WORKFORCE & LABOR
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE FOCUSED ON UNDERSTANDING INEQUITIES IN AND AROUND TECH AND EXPLORING WAYS TO CLOSE THE GAPS. WE BUILT SUPPORTED RESEARCH THAT IDENTIFIED KEY DISPARITIES IN CONTRACT WORK AND BROUGHT THOSE LEARNINGS TO THE PUBLIC AND OUR PARTNERS. USING OUR CONTRACT WORKER DISPARITY PROJECT AS A TEMPLATE, WE LAUNCHED AN INITIATIVE TO INVESTIGATE THE INTERSECTION OF TECH AND HOUSING: HOW TECH TOOLS ARE BEING USED TO ENCODE BIAS IN TENANT SCREENING, ACCELERATE THE CORPORATIZATION OF HOUSING STOCK, AND ENABLE OPAQUE ALTERNATIVE HOME FINANCING OPTIONS. WE ALSO EXAMINED EXISTING ECONOMIC JUSTICE POLICIES AND EXPLORED HOW WE COULD STRENGTHEN THEIR IMPACT. WE KNOW THAT ANY LAW IS ONLY AS GOOD AS ITS IMPLEMENTATION. TO SUPPORT THE CA TENANT PROTECTIONS, ACT OF 2019 WE LAUNCHED THE TENANT PROTECTIONS CALCULATOR, THE MOST COMPREHENSIVE ANTI-GOUGING RENT CALCULATOR IN CALIFORNIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caitlyn Fox Chair | OfficerTrustee | 2 | $0 |
James Hurd Nixon Treasurer | OfficerTrustee | 2 | $0 |
Darrell Jones Director | Trustee | 2 | $0 |
Y-Vonne Hutchinson Director | Trustee | 2 | $0 |
Zack Rosen Director | Trustee | 2 | $0 |
Ifeoma Ozoma Director | Trustee | 2 | $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 | $2,171,178 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,171,178 |
| Total Program Service Revenue | $49,708 |
| 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 | $2,220,886 |
| 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. | $396,079 |
| Compensation of current officers, directors, key employees. | $130,962 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $959,677 |
| Pension plan accruals and contributions | $28,538 |
| Other employee benefits | $83,928 |
| Payroll taxes | $102,454 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,608 |
| Fees for services: Accounting | $43,870 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $53,750 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $214,890 |
| Advertising and promotion | $15,665 |
| Office expenses | $1,875 |
| Information technology | $63,976 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $22,036 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,918 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,665 |
| All other expenses | $2,402 |
| Total functional expenses | $2,056,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $638,246 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $375,000 |
| Accounts receivable, net | $10,537 |
| 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 | $2,245 |
| 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 | $1,026,028 |
| Accounts payable and accrued expenses | $16,074 |
| Grants payable | $0 |
| Deferred revenue | $96,909 |
| 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 | $112,983 |
| Net assets without donor restrictions | $5,045 |
| Net assets with donor restrictions | $908,000 |
| 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 | $1,026,028 |