Technology Club Of Syracuse
- Assets
- $1.1m
- Revenue
- $121.3k
- Investments
- $537.1k
- Employees
- 0
- Location
- Syracuse, NY
- Founding
- 06/1944
- Data as of
- 12/2022
- EIN
- 16-6046635
Organization Overview
Technology Club Of Syracuse is located in Syracuse, NY. The organization was established in 1944. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Technology Club Of Syracuse 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 12/2022, Technology Club Of Syracuse generated $121.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $70.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOSTERING INTEREST IN AND KNOWLEDGE OF ENGINEERING AND TECHONOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTERING INTEREST IN AND KNOWLEDGE OF ENGINEERING AND TECHNOLOGY THROUGH SPONSORSHIP OF OLYMPIADS, SCIENCE FAIRS, HIGH SCHOOL TECH CLUBS AND COMPETITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Parker Director | 1 | $0 | |
Bruce Nichols Treasurer | 1 | $0 | |
Chris Perrine Director | 1 | $0 | |
Colleen Stevens Director | 1 | $0 | |
David Voorhees Director | 1 | $0 | |
Diane Plumley President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,988 |
| Interest on Savings | $2,179 |
| Dividends & Interest | $31,160 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $80,000 |
| Total Revenue | $121,327 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $169 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $28,837 |
| Total operating and administrative expenses | $31,186 |
| Contributions, gifts, grants paid | $39,500 |
| Total expenses and disbursements | $70,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,751 |
| Savings and temporary cash investments | $430,304 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $537,135 |
| Net Land, buildings, and equipment | $154,642 |
| Other assets | $0 |
| Total assets | $1,124,832 |
| Accounts payable and accrued expenses | $500 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $500 |
Grants Awarded
Over the last fiscal year, Technology Club Of Syracuse has awarded $39,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL NEW YORK TECHNOLOGY DEVELOPMENT ORGANIZATION PURPOSE: NEXT SPONSOR | $1,500 |
SCI-TECH CENTER OF NORTHERN NY PURPOSE: PROGRAMMING | $2,000 |
AVIATION HISTORICAL SOCIETY OF CENTRAL NEW YORK INC PURPOSE: PROGRAMMING | $500 |
ONONDAGA COMMUNITY COLLEGE FOUNDATION PURPOSE: PROGRAMMING-MAKERS FAIRE | $10,000 |
MUSEUM OF SCIENCE & TECHNOLOGY FOUNDATION PURPOSE: MOST SUPPORT | $25,000 |
NEW YORK STATE SCIENCE OLYMPIAD INC PURPOSE: MIDSTATE TOURNAMENT | $500 |