Minority Technology Foundation is located in Capitol Heights, MD. The organization was established in 2019. According to its NTEE Classification (U02) the organization is classified as: Management & Technical Assistance, 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. Minority Technology Foundation 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, Minority Technology Foundation generated $27.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (24.3%) each year. All expenses for the organization totaled $27.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SEEKING TO ENHANCE TECHNOLOGY EDUCATIOIN
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Connley Chairman | 0 | $0 | |
Maurice Johnson Secretary | 0 | $0 | |
David Garnett Secretary | 0 | $0 | |
Sean Brayboy Executive Dir. | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,650 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,650 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,770 |
| Total expenses | $27,470 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $180 |
| Other assets | $0 |
| Total assets | $19,370 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,370 |
| Organization Name | Assets | Revenue |
|---|---|---|
Agriculture & Food Systems Institute Washington, DC | $4,946,675 | $1,804,431 |
Afcea Educational Foundation Fairfax, VA | $1,409,897 | $535,761 |
Teknowledge Worldwide Corp Warminster, PA | $47,127 | $0 |
American Institute Of Chemists Inc Philadelphia, PA | $175,849 | $44,238 |
Minority Technology Foundation Capitol Heights, MD | $19,370 | $0 |
National Association Of State Aviation Officials Center McLean, VA | $132,665 | $1,342 |
International Environmental Data Rescue Organization Limited Deale, MD | $43,753 | $0 |
Urban Community Tech Accokeek, MD | $0 | $0 |