Technology Management Institute Inc
- Assets
- $117.6k
- Revenue
- $156.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Falls Church, VA
- Founding
- Data as of
- 12/2021
- EIN
- 86-3300175
Organization Overview
Technology Management Institute Inc is located in Falls Church, VA. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, 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 Management Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION AND PURPOSE IS TO CONDUCT AND PROMOTE BASIC AND APPLIED RESEARCH OF CONTEMPORARY EDUCATION ISSUES, WHICH INCLUDE BUT ARE NOT LIMITED TO -- PERSPECTIVES FROM INFORMATION TECHNOLOGY, DATA ANALYSIS, CYBER-SECURITY,COGNITIVE SYSTEMS ENGINEERING, INNOVATION/TECHNOLOGY COMMERCIALIZATION AND ENTREPRENEURSHIP. THIS INCLUDES MAKING RECOMMENATIONS REGARDING RELATED POLICY IMPACTS THAT WOULD BE USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONLINE GAMES CENTER OF EXCELLENCE -------------------------------------------------------------------------- PROVIDED EXPERTISE AND SUPPORT FOR CENTER FOR ECONOMIC DEVELOPMENT (CEG) PROPOSAL TO THE NYS ECONOMIC DEVELOPMENT AGENCY (EDA) TO BUILD TO SCALE GRANT: 750,000 OVER 3 YEARS TO SUPPORT OPERATING EXPENSES (PRIMARILY STAFF SALARIES AND OVERHEAD). FUNDING NOT RECEIVED. PROVIDED EXPERTISE AND SUPPORT FOR A CONGRESSIONALLY DIRECTED SPENDING/EARMARKS: 4.2M TO COVER OP-EX PLUS CRITICAL 'LIVING WAGE' STIPENDS TO INCUBATOR PARTICIPANTS. THE CENTER WILL CREATE 30 FULL-TIME JOBS P/YEAR OF THE PROGRAM AND GENERATE FURTHER JOB CREATION SHOULD STUDIOS SUCCESSFULLY SPIN-OFF FROM PROGRAM. FUNDING NOT RECEIVED
TECHNOLOGY ORIENTATION PROGRAMS (TOP) FOR UNDERSERVED STUDENTS --------------------------------------------------------------------------- AN INITIAL CURRICULUM WAS DEVELOPED AND A LOCATION FOR THE CLASSES WAS SECURED. UNFORTUNATELY, THE COVID PANDEMIC RESTRICTIONS WOULD NOT ALLOW THIS PROGRAM TO LAUNCH THE PILOT OFFERING IN THE SUMMER OF 2021.
IC CHIP DESIGN & FABRICATION PROOF OF CONCEPT PROGRAM FOR STEM STUDENTS --------------------------------------------------------------------------- A SUBJECT MATTER EXPERT (SME) WAS HIRED TO COLLABORATE TO DEVELOP THE INITIAL PROGRAM WITH EFABLESS AND TO IDENTIFY A SET OF EIGHT ACADEMIC ORGANIZATIONS IN NYS TO PARTICIPATE IN THIS NOVEL ACTIVITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Thomas Triscari Jr Executive Di | OfficerTrustee | 10 | $0 |
Mr Leo Canseco ESQ Director | Trustee | 2 | $0 |
Ms MA Teresita Trinchera 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 | $156,751 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $156,751 |
| Total Program Service Revenue | $0 |
| 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 | $156,751 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $197 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,000 |
| Travel | $1,734 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $234 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $39,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,803 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,783 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $117,586 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $117,586 |
| Net assets with donor restrictions | $0 |
| 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 | $117,586 |
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