Arizona Technology Council Foundation
- Assets
- $1.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Tempe, AZ
- Founding
- 07/2004
- Data as of
- 07/2021
- EIN
- 20-1185167
Organization Overview
Arizona Technology Council Foundation, operating under the name Scitech Institute, is located in Tempe, AZ. The organization was established in 2004. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scitech Institute 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 07/2021, Scitech Institute generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $912.5k during the year ending 07/2021. While expenses have increased by 11.1% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCING AND PROMOTING STEM EDUCATION AND AWARENESS IN ARIZONA AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONNECT BUSINESS, INDUSTRY, ACADEMIC, CIVIC, AND COMMUNITY LEADERS AND TRANSFORM LIVES BY PROVIDING EVERYONE ACCESS TO THE WORLD OF POSSIBILITIES IN STEM. PROGRAMS INCLUDE THE 1) ARIZONA STEM ECOSYSTEM, 2) ARIZONA SCITECH FESTIVAL AND RURAL ACTIVATION AND INNOVATION NETWORK (RAIN), 3) CHIEF SCIENCE OFFICER (CSO) PROGRAM, 4) SCIENCE FOR ALL, LLC, AND 5) ARIZONA ADVANCED MANUFACTURING COALITION AND WORKFORCE DEVELOPMENT INITIATIVE.
ARIZONA STEM ECOSYSTEM: SCIENCE HAPPENS HERE IS A GAME FOR KIDS IN 3RD THROUGH 8TH GRADES THAT INCLUDES COLLECTING TRADING CARDS WITH SCIENCE KNOWLEDGE ON THEM. CREATED BY LOCAL FIRST ARIZONA, THE GAME IS DESIGNED TO ENGAGE KIDS TO BETTER UNDERSTAND THE SCIENCE THAT SURROUNDS THEM EVERYDAY!KIDS COLLECT THE CARDS AT LOCAL BUSINESSES (NO PURCHASE NECESSARY) AND VISIT THE WEBSITE (HTTPS://SCIENCEHAPPENSHEREAZ.COM) TO CONDUCT SCIENCE EXPERIMENTS AT HOME USING HOUSEHOLD ITEMS. ARIZONA SCITECH FESTIVAL AND RURAL ACTIVATION AND INNOVATION NETWORK (RAIN) HOLDS AZ SCIENCE BOWL. THE ANNUAL ARIZONA SCIENCE BOWL FOR ARIZONA AND NEVADA MIDDLE AND HIGH SCHOOL STUDENTS PROMOTES INTEREST IN A VARIETY OF SCIENCE AND MATH DISCIPLINES. HIGH SCHOOL CATEGORIES INCLUDE BIOLOGY, CHEMISTRY, EARTH AND SPACE SCIENCE, ENERGY, MATHEMATICS, AND PHYSICS. MIDDLE SCHOOL CATEGORIES INCLUDE LIFE SCIENCE, PHYSICAL SCIENCE, EARTH AND SPACE SCIENCE, ENERGY, MATHEMATICS, AND GENERAL SCIENCE. COMPETITIONS TAKE PLACE IN FEBRUARY AND MARCH. FIRST PLACE TEAMS GO ON TO COMPETE AT DOE NATIONAL SCIENCE BOWL COMPETITIONS IN WASHINGTON, D.C. IN APRIL/MAY. THE ARIZONA SCIENCE BOWL IS AN INITIATIVE OF THE ARIZONA TECHNOLOGY COUNCIL WORKFORCE DEVELOPMENT COMMITTEE AND PRESENTED BY THE SCITECH INSTITUTE AND SOLUGENIX CORPORATION. EVENTS ARE HOSTED AT ARIZONA STATE UNIVERSITY (ASU) WEST IN PARTNERSHIP WITH THE ASU NEW COLLEGE OF INTERDISCIPLINARY ARTS AND SCIENCES AND ITS SCHOOL OF MATHEMATICAL AND NATURAL SCIENCE.CHIEF SCIENCE OFFICER (CSO) PROGRAM, EAST VALLEY STEM ALLIANCE A FREE NETWORKING GROUP OPEN TO VALLEY COMPANIES, SCHOOL DISTRICTS, NONPROFITS WITH STEM PROGRAMMING AND CITY'S ECONOMIC DEVELOPMENT STAFF. THE EVSA CONNECTS OUR COMMUNITY'S 12 STUDENTS TO TECHNOLOGY AND INNOVATION WITH A GOAL OF INCREASING THE PIPELINE OF FUTURE STEM TALENT AND LEADERS. BY PARTNERING WITH INDUSTRY AND THE ACADEMIC COMMUNITY, WE STRIVE TO MEET THE DEMANDS OF THE FUTURE WORKFORCE BY INSPIRING STUDENTS TO CONSIDER STEM CAREERS.
SCIENCE FOR ALL, LLC SCIENCE FOR ALL'S VISION IS TO FOSTER POWERFUL AND ENDURING NETWORKS OF NONPROFITS, INDUSTRY, ACADEMIA, CIVIC ORGANIZATIONS AND THE PUBLIC TO PUT STEM WITHIN REACH OF EVERY HUMAN BEING IN ARIZONA AND BEYOND. SCIENCE FOR ALL, LLC SUPPORTS ALL SCITECH INSTITUTE PROGRAMS. OUR MISSION IS TO TRANSFORM LIVES BY PROVIDING EVERYONE, PARTICULARLY LOWINCOME AND UNDERSERVED POPULATIONS, WITH ACCESS TO THE WORLD OF POSSIBILITIES IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM).ARIZONA WORKFORCE DEVELOPMENT AND ARIZONA ADVANCED MANUFACTURING COALITION (AAMC): THE AZ WORKFORCE DEVELOPMENT INITIATIVE'S MISSION IS TO PROVIDE OPPORTUNITIES FOR THE ADVANCED MANUFACTURING (AM) INDUSTRY TO CONNECT WITH STUDENTS, INSPIRE THEIR NATURAL CURIOSITY AND FUEL THEIR PASSION FOR STEM BY INTRODUCING THEM TO STEM CAREER OPPORTUNITIES AVAILABLE IN AM AND RELATED INDUSTRIES. GOALS INCLUDE CREATING AN ARIZONA AM WORKFORCE PIPELINE, FOSTERING COMMUNICATION AND COLLABORATION WITHIN THE AM COMMUNITY, ENRICHING SCHOOL STEM CULTURE AND CAREER AWARENESS, AND RAISE PUBLIC AWARENESS OF STEM CAREER PATHWAYS IN AM. THE AAMC IS A COLLECTIVE OF ARIZONA ORGANIZATIONS DEDICATED TO HELPING RAISE AWARENESS ABOUT CAREERS AND BUSINESSES IN ADVANCED MANUFACTURING. THE COALITION WORKS TO DEVELOP PATHWAYS TO ADVANCED MANUFACTURING JOBS AND CONNECT THE COMMUNITY OF ASSOCIATES INVOLVED IN THIS SECTOR AROUND THE STATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Alberty Treasurer | OfficerTrustee | 1 | $0 |
Robert Witwer Chairman Of The Board | OfficerTrustee | 1 | $0 |
Steven Zylstra President | OfficerTrustee | 2 | $0 |
Jeremy Babendure Executive Director | Officer | 40 | $0 |
Dianna Mcmahon Director | Trustee | 1 | $0 |
Jeff Unruh Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $340,850 |
| All other contributions, gifts, grants, and similar amounts not included above | $597,689 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $938,539 |
| Total Program Service Revenue | $74,200 |
| Investment income | $22 |
| 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 | $1,113,548 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,727 |
| 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. | $511,216 |
| Compensation of current officers, directors, key employees. | $109,824 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $35,008 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,352 |
| Fees for services: Accounting | $65,585 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $133,259 |
| Advertising and promotion | $10,603 |
| Office expenses | $41,224 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,725 |
| Travel | $9,815 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,561 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,997 |
| Insurance | $1,285 |
| All other expenses | $0 |
| Total functional expenses | $912,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $768,205 |
| Savings and temporary cash investments | $52,524 |
| Pledges and grants receivable | $125,000 |
| Accounts receivable, net | $153,347 |
| 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 | $2,266 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,101,342 |
| Accounts payable and accrued expenses | $67,842 |
| Grants payable | $0 |
| Deferred revenue | $24,500 |
| 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 | $154,887 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $162,627 |
| Total liabilities | $409,856 |
| Net assets without donor restrictions | $355,185 |
| Net assets with donor restrictions | $336,301 |
| 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 | $1,101,342 |
Grants Awarded
Over the last fiscal year, Arizona Technology Council Foundation has awarded $35,727 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Tempe, AZ PURPOSE: PROGRAM SUPPORT | $26,485 |
Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $9,242 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Arizona Technology Council Foundation has recieved totaling $93,429.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $40,000 |
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $37,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $14,763 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $788 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $300 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $78 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Foundation San Francisco, CA | $136,274,072 | $130,699,963 |
The Chicago School - California Inc Los Angeles, CA | $127,785,110 | $98,235,232 |
Social Good Fund Richmond, CA | $64,387,201 | $85,650,973 |
Avid Center San Diego, CA | $134,506,037 | $61,146,519 |
Khan Academy Inc Mountain View, CA | $115,035,528 | $59,263,743 |
California School Employees Association San Jose, CA | $160,720,307 | $80,296,309 |
Prager University Foundation Sherman Oaks, CA | $86,724,321 | $65,499,557 |
The Oakland Public Education Fund Oakland, CA | $29,835,630 | $28,210,005 |
Classical Academy Colorado Springs, CO | $97,154,437 | $39,391,484 |
Unicare Community Health Center Inc Ontario, CA | $12,734,998 | $31,780,162 |
Spectrum Healthcare Group Inc Cottonwood, AZ | $17,862,058 | $29,292,227 |
University Studies Abroad Consortium Reno, NV | $41,233,258 | $28,044,577 |