Technology Association Of Grantmakers Inc
- Assets
- $873.0k
- Revenue
- $756.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Chicago, IL
- Founding
- 01/2007
- Data as of
- 12/2021
- EIN
- 56-2558836
Organization Overview
Technology Association Of Grantmakers Inc is located in Chicago, IL. The organization was established in 2007. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Technology Association Of Grantmakers Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Technology Association Of Grantmakers Inc 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, Technology Association Of Grantmakers Inc generated $756.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $556.4k during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 7 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
THE TECHNOLOGY ASSOCIATION OF GRANTMAKERS INC. IS A NON-PROFIT MEMBERSHIP ORGANIZATION THAT PROMOTES THE POWER OF TECHNOLOGY TO ADVANCE THE GOALS OF THE PHILANTHROPIC SECTOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE UNDERSTANDING OF HOW INFORMATION AND COMMUNICATIONS TECHNOLOGY CAN HELP ITS MEMBERS REACH THEIR PHILANTHROPIC GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chantal Forster Executive Di | Officer | 40 | $227,913 |
Nicolette Lodico President | OfficerTrustee | 2.5 | $0 |
Ann Puckett Secretary | OfficerTrustee | 1 | $0 |
Mark Walker Vice Preside | OfficerTrustee | 1 | $0 |
Rob Rosenthal Treasurer | OfficerTrustee | 1 | $0 |
Jose Aron-Diaz Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lisa Pool Consulting Consulting | 12/30/17 | $168,804 |
Redmark Analytics Consulting | 12/30/17 | $132,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $430,590 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $304,050 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $734,640 |
| Total Program Service Revenue | $7,303 |
| Investment income | $213 |
| 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 | $756,276 |
| 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. | $208,726 |
| Compensation of current officers, directors, key employees. | $83,490 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,333 |
| Pension plan accruals and contributions | $7,947 |
| Other employee benefits | $1,470 |
| Payroll taxes | $16,627 |
| Fees for services: Management | $54,302 |
| Fees for services: Legal | $128 |
| Fees for services: Accounting | $13,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,097 |
| Advertising and promotion | $0 |
| Office expenses | $3,350 |
| Information technology | $16,840 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,617 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $55,204 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,440 |
| All other expenses | $0 |
| Total functional expenses | $556,407 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,080 |
| Savings and temporary cash investments | $757,876 |
| 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 | $16,000 |
| 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 | $872,956 |
| Accounts payable and accrued expenses | $6,904 |
| Grants payable | $0 |
| Deferred revenue | $23,135 |
| 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 | $30,039 |
| Net assets without donor restrictions | $696,250 |
| Net assets with donor restrictions | $146,667 |
| 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 | $872,956 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Technology Association Of Grantmakers Inc has recieved totaling $108,465.
| Awarding Organization | Amount |
|---|---|
Tides Foundation San Francisco, CA PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES | $30,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF THE CAMPAIGN FOR INVESTING IN DIGITAL INFRASTRUCTURE, PHILANTHROPY | $25,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF THE CAMPAIGN FOR INVESTING IN DIGITAL INFRASTRUCTURE | $25,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF THE CAMPAIGN FOR INVESTING IN DIGITAL INFRASTRUCTURE, PHILANTHROPY | $25,000 |
Doris Duke Charitable Foundation Inc New York, NY PURPOSE: PHILANTHROPIC SECTOR SUPPORT 2021 | $2,200 |
Ford Family Foundation Roseburg, OR PURPOSE: SUPPORTING MEMBERSHIP | $1,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clark Richardson And Biskup Consulting Engineers Inc Health Pl Kansas City, MO | $3,940,504 | $14,137,638 |
Battery Innovation Center Institute Inc Newberry, IN | $9,971,672 | $4,855,829 |
Additive Manufacturing Users Group Inc Milwaukee, WI | $3,328,250 | $3,683,925 |
Center For Emerging Technologies St Louis, MO | $9,044,689 | $2,098,435 |
Association For High Techology Distribution Waukesha, WI | $1,589,704 | $1,298,260 |
Midwest Energy Research Consortium Inc Milwaukee, WI | $2,074,471 | $1,456,728 |
Business Technology Association Kansas City, MO | $9,203,814 | $1,270,035 |
Heartland Science And Technology Group Champaign, IL | $604,593 | $1,416,544 |
Applied Science And Technology Research Organization Of Americs Rock Island, IL | $337,923 | $928,326 |
Technology Association Of Grantmakers Inc Chicago, IL | $872,956 | $756,276 |
Drone Port Of Kentucky Inc Hazard, KY | $48,099 | $0 |
Center For Computing And Robotics Inc Lexington, KY | $16,192 | $0 |