Civic Intelligence

Brooklyn Tech Alumni Foundation Inc.

990 • Fiscal year 2022 • EIN 11-2739496

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

Organization ProfileWWW.BTHSALUMNI.ORG

View Organization Page

29 Fort Greene PlaceBrooklyn, NY 11217

(718) 797-2285

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

16th percentile

0.02x

Higher debt load relative to assets than 16% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

31st percentile

0.11x

Higher debt load relative to revenue than 31% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

38th percentile

$123,942

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Asset Growth

17th percentile

-9.7%

Faster asset growth than 17% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

109%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets16th percentile

Assets

Down

$15,030,868

Down $1,615,603 (-9.7%) from 2021

Net Assets

Down

$14,750,906

Down $1,746,512 (-11%) from 2021

Liabilities

Up

$279,962

Up $130,909 (+88%) from 2021

Revenue And Expenses
Liabilities / Revenue31st percentileNet Margin84th percentile

Revenue

Up

$2,437,316

Up $1,273,044 (+109%) from 2021

Expenses

Up

$1,710,450

Up $432,698 (+34%) from 2021

Net Income

Up

$726,866

Up $840,346 (+741%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $9,620,794Liabilities 2010: $47,132Net Assets 2010: $9,573,6622010Assets 2011: $9,861,444Liabilities 2011: $60,314Net Assets 2011: $9,801,1302011Assets 2012: $12,786,792Liabilities 2012: $92,429Net Assets 2012: $12,694,3632012Assets 2013: $13,353,221Liabilities 2013: $60,385Net Assets 2013: $13,292,8362013Assets 2014: $14,022,012Liabilities 2014: $82,677Net Assets 2014: $13,939,3352014Assets 2015: $13,303,499Liabilities 2015: $106,865Net Assets 2015: $13,196,6342015Assets 2016: $13,287,810Liabilities 2016: $132,566Net Assets 2016: $13,155,2442016Assets 2017: $13,929,674Liabilities 2017: $159,402Net Assets 2017: $13,770,2722017Assets 2018: $14,218,130Liabilities 2018: $198,257Net Assets 2018: $14,019,8732018Assets 2019: $14,406,190Liabilities 2019: $167,440Net Assets 2019: $14,238,7502019Assets 2020: $14,252,560Liabilities 2020: $173,689Net Assets 2020: $14,078,8712020Assets 2021: $16,646,471Liabilities 2021: $149,053Net Assets 2021: $16,497,4182021Assets 2022: $15,030,868Liabilities 2022: $279,962Net Assets 2022: $14,750,9062022Assets 2023: $16,020,857Liabilities 2023: $185,579Net Assets 2023: $15,835,2782023Assets 2024: $17,247,320Liabilities 2024: $205,785Net Assets 2024: $17,041,5352024Assets 2025: $18,573,201Liabilities 2025: $136,965Net Assets 2025: $18,436,2362025

Highlighted filing

2022

Assets$15,030,868
Liabilities$279,962
Net Assets$14,750,906
Open 2022 Filing

Operations Trend

Revenue Growth95th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,009,2502010Expenses 2011: $1,037,1222011Expenses 2012: $1,111,1732012Revenue 2013: $2,033,404Expenses 2013: $1,472,900Net Income 2013: $560,5042013Revenue 2014: $1,549,272Expenses 2014: $1,559,301Net Income 2014: -$10,0292014Revenue 2015: $1,447,896Expenses 2015: $2,030,469Net Income 2015: -$582,5732015Revenue 2016: $1,347,827Expenses 2016: $1,743,865Net Income 2016: -$396,0382016Revenue 2017: $3,274,833Expenses 2017: $1,733,974Net Income 2017: $1,540,8592017Revenue 2018: $1,945,474Expenses 2018: $1,827,396Net Income 2018: $118,0782018Revenue 2019: $2,409,645Expenses 2019: $1,988,764Net Income 2019: $420,8812019Revenue 2020: $1,364,232Expenses 2020: $1,449,191Net Income 2020: -$84,9592020Revenue 2021: $1,164,272Expenses 2021: $1,277,752Net Income 2021: -$113,4802021Revenue 2022: $2,437,316Expenses 2022: $1,710,450Net Income 2022: $726,8662022Revenue 2023: $2,007,100Expenses 2023: $2,162,067Net Income 2023: -$154,9672023Revenue 2024: $2,063,369Expenses 2024: $2,048,022Net Income 2024: $15,3472024Revenue 2025: $2,337,012Expenses 2025: $1,985,957Net Income 2025: $351,0552025

Highlighted filing

2022

Revenue$2,437,316
Expenses$1,710,450
Net Income$726,866
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$4,983,510
Mission and Program Overview

Mission

The mission of the alumni foundation is to support brooklyn technical high school's continued educational excellence and national leadership as a specialized high school in science, technology, engineering and mathematics (stem) based education. The foundation seeks to engage all tech alumni and supporters in providing intellectual and financial resources to ensure the development of the next generation of future leaders. We support curriculum and facilities enhancements, faculty support and development and transformational learning experiences for students. We reconnect and engage alumni to support our educational programs and create and sustain partnerships with corporations, universities and industry to benefit brooklyn tech. We celebrate our history and strategically partner with brooklyn tech to sustain our legacy of excellence.

The mission of the foundation is to support brooklyn technical high school as the premier specialized high school for stem - science, technology, engineering and mathematics by harnessing the intellectual and financial power of tech alumni.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$15,332,321$13,609,608▼ $1,722,713
Savings and Temporary Cash Investments$1,064,671$796,231▼ $268,440
Prepaid Expenses and Deferred Charges$74,746$225,071▲ $150,325
Pledges and Grants Receivable$0$171,133▲ $171,133
Intangible Assets$19,200$99,035▲ $79,835
Accounts Receivable-$65,000-
Cash and Non-Interest-Bearing Accounts$155,533$64,790▼ $90,743
Land, Buildings, and Equipment, Net$0--
Total Assets$16,646,471$15,030,868▼ $1,615,603
Liabilities
Accounts Payable and Accrued Expenses$103,968$197,700▲ $93,732
Grants Payable$44,695$81,872▲ $37,177
Other Liabilities$390$390→ $0
Total Liabilities$149,053$279,962▲ $130,909
Net Assets / Fund Balance
Net Assets With Donor Restrictions$14,256,247$13,571,785▼ $684,462
Net Assets Without Donor Restrictions$2,241,171$1,179,121▼ $1,062,050
Total Net Assets Fund Balance$16,497,418$14,750,906▼ $1,746,512
Total Liabilities and Net Assets / Fund Balance$16,646,471$15,030,868▼ $1,615,603

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$652,631--
Closely Held Equity Interests$116,956--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$13,657,125-▼ $895,073-$12,762,052
2020$12,325,645$875▲ $1,330,605-$13,657,125
2019$12,133,502-▲ $192,143-$12,325,645
2018$11,617,532-▲ $515,970-$12,133,502
2017$7,892,587$2,650▲ $141,080$13,200$8,023,117
Compensation and Service Providers
Top Officer Pay38th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marcel Vaughn-handyActing Executive DirectorFT$96,666$27,276$123,942

Board Members and Trustees

NameTitle
Denice Clarke WarePresident
Anthony P SchirripaVice President
Bola OyedijoVice President
David LeeVice President
Susan MayhamVice President to 5/2022
Achilles PerryMember
Amy KongMember
Deepti SharmaMember
Edward LagrassaMember
Giselle WilliamsMember
Horace H DavisMember
John AlbertMember
Lesleigh Irish-underwoodMember
Margaret MurphyMember
Michael WeissMember
Penelope KokkinidesMember
Salvatore LentiniMember
Tomas HernandezMember
Valmira PopinaraMember
Wilton CedenoMember
Ned SteeleSecretary
James DibenedettoTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Yoswein New York INCConsulting111 BROADWAY SUITE 1504, New York, NY 10006$118,300
Revenue and Support

Revenue Composition

Contributions and Grants
$1,654,192
Program Service Revenue
$0
Investment Income
$896,072
Other Revenue
$-112,948
All Other Contributions
$897,216
Change in Net Assets
$726,866

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$215,815Fair Market Value (FMV)
Total Noncash Contributions3$215,815-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,381,303
Revenue Not Reported on Financial Statements
$56,013
Revenue Not Reported on Form 990
$-2,172,112
Total Revenue per Audited Statements
$209,191
Total Revenue per Form 990
$2,437,316
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$812,386
Salaries, Compensation, and Employee Benefits$640,888
Total Fundraising Expense$227,593
Professional Fundraising Fees$167,275
Grants and Similar Amounts Paid$89,901

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$250,010$165,872$22,042$437,924
Fees for Services Professional Fundraising--$167,275$167,275
Fees for Services Other$78,211$84,779-$162,990
Current Officers, Directors, Trustees, and Key Employees$70,734$46,978$6,230$123,942
Office Expenses$16,808$59,462$28,096$104,366
Information Technology-$91,182-$91,182
Grants to Domestic Individuals$89,901--$89,901
Advertising$63,700--$63,700
Fees for Service Investment Mgmnt Fees-$56,013-$56,013
Fees for Services Accounting-$55,839-$55,839
Fees for Services Lobbying$54,600--$54,600
Payroll Taxes$21,000$14,000$1,842$36,842
Other Employee Benefits$18,942$12,628$1,661$33,231
Other Expenses$30,811$19,744-$19,744
All Other Expenses$126$14,804-$14,930
Insurance-$11,475-$11,475
Pension Plan Contributions$5,101$3,401$447$8,949
Fees for Services Legal-$4,624-$4,624
Depreciation Depletion-$2,830-$2,830
Total Functional Expenses$810,129$672,728$227,593$1,710,450

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,955,703
Total Expenses per Form 990$1,710,450
Expenses per Audited Statements$1,654,437
Expenses Not Reported on Form 990$301,266
Expenses Not Reported on Financial Statements$56,013
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$257,670
Professional Fundraising Fees$167,275
Fundraising Gross Income$144,722

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Fundraising$901,698$144,722$89,485$55,237
Total Events$901,698$144,722$257,670$-112,948
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ned SteeleBoard MemberCommunication Consulting Services for the Organization.No$30,989
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$390
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The draft of the annual form 990 shall be furnished to the treasurer and the audit committee, who shall review the return and confirm its accuracy. A copy of the final 990 is provided to all board members prior to submission.”

Form 990, Part VI, Section B, Line 12C

“The brooklyn tech alumni foundation (foundation) and all persons either elected or appointed to a foundation office (including, but not limited to, any board officers, directors and committee members) shall conscientiously avoid any situations and activities where their personal interests could conflict, or appear to conflict, with the interests of the foundation. A conflict of interest is any opportunity for personal gain in dealing with or on behalf of the foundation apart from nominal reimbursement of expenses according to foundation policy. In the event that any officer, director or committee member of foundation shall have any direct or indirect interest in, or relationship with, any individual or organization which proposes to work with, or transact any business with the foundation, such person shall give notice of such interest or relationship to the board and shall thereafter refrain from discussing or voting on the particular transaction in which she or he has an interest, or otherwise attempting to exert any influence on the foundation to affect a decision whether to participate in such transaction. The conflict of interest policy (policy) as enumerated herein applies to any board officer, director or committee member of foundation as well as any immediate family member thereof. The foundation will disclose the policy to candidates for the board and will obtain re-affirmation of the policy from existing members of the board or committees annually. Failure to comply with the policy may be grounds for removal from the board and/or committees.”

Form 990, Part VI, Section B, Line 15

“The organization determines its compensation of its executive director based on a review by the executive committee.”

Form 990, Part VI, Section C, Line 18

“The tax returns are available at the organization's office upon request or at www.guidestar.org.”

Form 990, Part VI, Section C, Line 19

“A copy of the governing documents, conflict of interest policy and financial statements are available during normal business hours upon request at the organization's office.”

Filing and Contact Details

Filer

Filer Name
Brooklyn Tech Alumni Foundation Inc
EIN
11-2739496
Phone
7187972285
Address
29 FORT GREENE PLACE, BROOKLYN, NY 11217

Signing Officer

Name
Denice Clarke Ware
Title
President
Phone
7187972285
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Denice Clarke Ware
Formed
1984
Legal Domicile
Ny
Voting Board Members
22
Independent Board Members
22
Employees
8
Volunteers
31

Preparer

Firm
Wiss & Company Llp
Address
100 CAMPUS DRIVE, FLORHAM PARK, NJ 07932
Preparer
Diana Miller
Phone
9739949400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements. For fiscal year ending 6/30/2022, the organization did not change its selection of an independent auditor.”

Financial Statement Notes

PART V, LINE 4:

“The foundation maintains a board- designated and various donor- restricted funds whose purpose is to provide long term support for operations. Endowment net asset consists of the following two funds: 1) donor-restricted endowment funds- $12,015,052. 2) without donor restriction funds - $747,000.”

PART X, LINE 2:

“The foundation is exempt from federal income taxes under internal revenue code section 501(c)(3) and therefore has made no provision for federal income taxes. In addition, the foundation has been determined by the internal revenue service not to be a "private foundation" within the meaning of section 509(a)(1) of the code. Other significant tax positions include the determination of whether any amounts are subject to unrelated business income tax ("ubit"). Management has determined that the foundation had no activities subject to ubit in the years ended june 30, 2022 or 2021. All significant tax positions have been considered by management and it has been determined that all tax positions would be sustained upon examination by taxing authorities. The foundation is required to file form 990 (return of organization exempt from income tax) and char 500 (annual filing for charitable organizations) which are generally subject to examination by the internal revenue service (irs) and the state of new york, respectively, up to three years from the extended due date of the tax return. The forms 990 and char 500 for 2019 through 2021 are open to examination by the irs and the state of new york as of june 30, 2022.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 257,670.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 257,670.”

Raw XML AppendixShowing 400 of 765 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE MISSION OF THE FOUNDATION IS TO SUPPORT BROOKLYN TECHNICAL HIGH SCHOOL AS THE PREMIER SPECIALIZED HIGH SCHOOL FOR STEM - SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS BY HARNESSING THE INTELLECTUAL AND FINANCIAL POWER OF TECH ALUMNI.
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IRS990/Desc01. CAREER DAY: BRINGS 400 ALUMNI TO THE SCHOOL TO SPEAK TO A RANGE OF CLASSES CONCENTRATED IN 18 MAJOR AREAS. OVER 5000 STUDENTS BENEFIT FROM CAREER DAY; AS A RESULT OF THIS DAY, THERE ARE ALUMNI WHO HELP ESTABLISH INTERNSHIPS FOR STUDENTS AND VISITATION OPPORTUNITIES FOR FACULTY. CAREER DAY DID NOT TAKE PLACE IN FY22 DUE TO POST COVID RESTRICTIONS.2. FACULTY GRANTS: PROVIDES RESOURCES TO FACULTY FOR PROFESSIONAL DEVELOPMENT AND CLASSROOM ENRICHMENT PROJECTS. THESE GRANTS ENABLE FACULTY TO REMAIN CURRENT IN THEIR PROFESSION, ENRICH THE CLASSROOM EXPERIENCE AND SUPPORT INNOVATIVE PROJECTS. 3. MATERIALS TESTING LAB: WE HAVE REPURPOSED AN OLD SHOP INTO A STATE-OF-THE-ART MATERIALS TESTING LAB TO BE USED MOSTLY BY THE CIVIL ENGINEERING STUDENTS. OTHER STUDENTS USING THE LAB WILL BE FROM ARCHITECTURE, PHYSICS AND INDUSTRIAL DESIGN. THE ROOM HAS BEEN CLEANED OUT OF OLD EQUIPMENT AND DATA AND ELECTRICAL DROPS HAVE BEEN INSTALLED TO ENABLE THE INSTALLATION OF NEW EQUIPMENT. NEW FURNITURE HAS BEEN INSTALLED. WE HAVE NOW BEGUN TO ADD STATE-OF-THE-ART TESTING EQUIPMENT THAT MEETS UNIVERSITY AND INDUSTRY STANDARDS. A UNIVERSAL TESTING MACHINE HAS BEEN ADDED TO THE LAB AND THIS LAB IS IN CURRENT USE. 4. ANNUAL ENGINEERS WEEK: WEEK OF EVENTS CENTERED ON ENGINEERING AND INVOLVES PROFESSIONALS AND ALUMNI. THIS PROGRAM IS POSSIBLE THROUGH OUR PARTNERSHIP WITH BROOKLYN TECH'S CHAPTER OF THE NATIONAL SOCIETY OF BLACK ENGINEERS (NSBE).5. CON EDISON: SUPPORT FOR THE ENVIRONMENTAL SCIENCE AND ENGINEERING LAB AND EXTENSIVE INTERNSHIP PROGRAM. ALTHOUGH THE SELECTION PROCESS TOOK PLACE, CON EDISON WAS UNABLE TO ACCEPT INTERNS. STEPS WERE TAKEN TO CREATE A SPECIAL FALL 2022 COHORT. 6. URBAN LAND INSTITUTE: PROVIDE INNOVATIVE PROJECTS FOR ECONOMICS CLASSES TO CREATE AN UNDERSTANDING OF URBAN DEVELOPMENT.7. A PARTNERSHIP WITH THE AMERICAN SOCIETY OF CIVIL ENGINEERS TO BRING THE FUTURE WORLD VISION PROJECT TO BROOKLYN TECH AND OUR SEVEN MIDDLE SCHOOLS IN OUR MIDDLE SCHOOL STEM PATHWAYS CONSORTIUM. THE MIDDLE SCHOOL STEM PATHWAYS PROGRAM INTRODUCES MIDDLE SCHOOL STUDENTS TO THE EXCITING WORLD OF SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS THROUGH PROJECT-BASED LEARNING AND PREPARES THEM FOR THE SHSAT.SCHOLARSHIPS/AWARDS: 9 SCHOLARSHIPS/SENIOR AWARDS TOTALING $8,000 WERE DISPERSED TO STUDENTS FOR FYE 6/30/22. FUNDING SOURCES INCLUDE PERMANENTLY RESTRICTED FUNDS.GRANTS: 79 GRANTS WERE AWARDED TO FACULTY FOR FYE 6/30/22
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IRS990/Form990PartVIISectionAGrp/PersonNm15MARGARET MURPHY
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT TO 5/2022
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt22ACTING EXECUTIVE DIRECTOR
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IRS990/MissionDesc0THE MISSION OF THE FOUNDATION IS TO SUPPORT BROOKLYN TECHNICAL HIGH SCHOOL AS THE PREMIER SPECIALIZED HIGH SCHOOL FOR STEM - SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS BY HARNESSING THE INTELLECTUAL AND FINANCIAL POWER OF TECH ALUMNI. WE SUPPORT CURRICULUM AND FACILITIES ENHANCEMENTS, FACULTY SUPPORT AND DEVELOPMENT AND TRANSFORMATIONAL LEARNING EXPERIENCES FOR STUDENTS. WE RECONNECT AND ENGAGE ALUMNI TO SUPPORT OUR EDUCATIONAL PROGRAMS AND CREATE AND SUSTAIN PARTNERSHIPS WITH CORPORATIONS, UNIVERSITIES AND INDUSTRY TO BENEFIT BROOKLYN TECH. WE CELEBRATE OUR HISTORY AND STRATEGICALLY PARTNER WITH BROOKLYN TECH TO SUSTAIN OUR LEGACY OF EXCELLENCE.
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IRS990/OtherExpensesGrp/Desc0EDUCATIONAL SUPPORT
IRS990/OtherExpensesGrp/Desc1EDUCATIONAL EXPENSES
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IRS990/OtherExpensesGrp/Desc3DONOR CULTIVATION
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IRS990/PrincipalOfficerNm0DENICE CLARKE WARE
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IRS990/ProgSrvcAccomActy2Grp/Desc0ALUMNI ENGAGEMENT PROGRAM: THIS PROGRAM FOSTERS TIES WITH ITS ALUMNI TO SUPPORT EDUCATIONAL PROGRAMS TO INCLUDE THE FOLLOWING:HOMECOMING: AN ANNUAL EVENT THAT HIGHLIGHTS BROOKLYN TECH'S EDUCATIONAL PROGRAMS. IT INVOLVES APPROXIMATELY 500 STUDENTS AS WELL AS CURRENT AND RETIRED FACULTY. THE IKE HELLER '43 CENTER FOR COMPUTER INTEGRATED MANUFACTURING AND ROBOTICS: A STATE-OF-THE ART FACILITY FOR STUDENT LEARNING, PROFESSIONAL DEVELOPMENT AND CAREER PREPARATION. THE CENTER HAS UNDERGONE A NUMBER OF ITERATIONS TO MAKE CUTTING EDGE TECHNOLOGY AVAILABLE TO BOTH STUDENTS AND TEACHERS. IT PROVIDES STUDENTS AND FACULTY WITH A HIGH TECH, LEARNING ENVIRONMENT THAT MEETS UNIVERSITY AND INDUSTRY STANDARDS. IN THE CENTER, STUDENTS IN THE ELECTRICAL ENGINEERING, MECHATRONICS, AND ROBOTICS CLASSES CONVERT COMPUTER-ASSISTED DESIGNS INTO THREE-DIMENSIONAL PROTOTYPES USING 3D PRINTERS AND UTILIZE CNC MACHINES TO MANUFACTURE THE PARTS.THE LEANDRO RIZZUTO INTERNSHIP PROGRAM: THIS PROGRAM PROVIDES STUDENTS WITH A VARIETY OF INTERNSHIPS (PAID AND UNPAID). THE PROGRAM ENCOMPASSES A LINK WITH CTE WORK BASED LEARNING PROGRAM. ALUMNI AFFILIATED BUSINESSES AS WELL AS THE VARIOUS PARTNERSHIP ORGANIZATIONS WORK WITH THE FOUNDATION TO DEVELOP JOB DESCRIPTIONS AND CANDIDATES FOR THE POSITIONS. PARTNERS INCLUDE CON EDISON, ACE MENTORING, DOMINGO GONZALEZ ASSOCIATES, MANCINI-DUFFY, PENNONI ASSOCIATES, TURNER CONSTRUCTION AND NY INSTITUTE OF TECHNOLOGY. WE ALSO SPONSOR AN INTERNSHIP FORUM FOR UNDERCLASSMEN TO DISCUSS THE IMPORTANCE OF INTERNSHIP AND VOLUNTEER PROGRAMS AND HOW THEY MIGHT ENROLL. RUBY ENGINEERS: CONNECTS CURRENT TECH FEMALE STUDENTS TO OUR FEMALE GRADUATES. PROVIDES SESSIONS ON COLLEGE AND CAREER OPTIONS, RESUME WRITING AND INTERVIEWING AND INTRODUCES CURRENT STUDENTS TO THE VAST NETWORK OF WOMEN PROFESSIONALS WHO HAVE GRADUATED FROM TECH. THIS PROGRAM IS ON A TEMPORARY HIATUS DUE TO STAFF CAPACITY. RECENT ALUMNI DAY: ALUMNI WHO HAVE GRADUATED DURING THE LAST FIVE YEARS, COME BACK TO TECH TO MEET WITH CLASSES. THEY DISCUSS COLLEGE LIFE, CAREER PATHWAYS AND OTHER POST-SECONDARY OPPORTUNITIES. THEY ALSO DISCUSS HOW TECH PREPARED THEM FOR COLLEGE STUDY. THIS PROGRAM DID NOT TAKE PLACE IN FYE 6/30/22, HOWEVER IT HAS RESUMED AND TOOK PLACE IN FYE 6/30/23.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0237641
IRS990/ProgSrvcAccomActy3Grp/Desc0THE WESTON RESEARCH SCHOLARS PROGRAM (WRSP): THIS PROGRAM IS DESIGNED TO PROVIDE STUDENTS WITH A THREE-YEAR OPPORTUNITY TO PARTICIPATE IN THE CREATION OF RESEARCH PROJECTS. THE WRSP BUILDS ON BROOKLYN TECH'S STRONG STEM BASED CURRICULUM, THE EXCEPTIONAL TALENTS OF BROOKLYN TECH FACULTY AND STUDENTS, AND THE TREMENDOUS RESEARCH OPPORTUNITIES AT NYC COLLEGES, UNIVERSITIES AND RESEARCH FACILITIES. THE PROGRAM IS UNIQUE IN ITS STRUCTURE, INCORPORATING AN INTERNAL MENTOR MODEL CONSISTING OF BROOKLYN TECH TEACHERS WITH RESEARCH EXPERIENCE, STUDENT RESEARCH TEAMS, ONGOING ACTIVITIES THROUGH THE ACADEMIC YEAR AND SUMMER, AND EXTERNAL MENTORS AT MULTIPLE COLLEGES, UNIVERSITIES AND RESEARCH FACILITIES. THE STUDENTS WHO PARTICIPATE IN THIS PROGRAM DEVELOP PROJECTS THAT ARE WORTHY OF SUBMISSION TO THE REGENERON SCIENCE TALENT SEARCH, REGENERON SCIENCE AND ENGINEERING FAIR, THE GOOGLE SCIENCE FAIR, ACT-SO.
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IRS990/PYOtherExpensesAmt0630125
IRS990/PYOtherRevenueAmt0-163425
IRS990/PYProgramServiceRevenueAmt00

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,030,868
Liabilities
$279,962
Net assets
$14,750,906
Revenue
$2,437,316
Expenses
$1,710,450
Net income
$726,866
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$18.6$0.14$18.4$2.34$1.99$0.35
2024Detailed filing. Detailed filing data is available for this year.$17.2$0.21$17.0$2.06$2.05$0.02
2023Detailed filing. Detailed filing data is available for this year.$16.0$0.19$15.8$2.01$2.16$0.15
2022Detailed filing. Detailed filing data is available for this year.$15.0$0.28$14.8$2.44$1.71$0.73
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$0.15$16.5$1.16$1.28$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.3$0.17$14.1$1.36$1.45$0.08
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$14.4$0.17$14.2$2.41$1.99$0.42
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.2$0.20$14.0$1.95$1.83$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.9$0.16$13.8$3.27$1.73$1.54
2016Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$13.3$0.13$13.2$1.35$1.74$0.40
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.3$0.11$13.2$1.45$2.03$0.58
2014Detailed filing. Detailed filing data is available for this year.$14.0$0.08$13.9$1.55$1.56$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$0.06$13.3$2.03$1.47$0.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.8$0.09$12.7$1.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.86$0.06$9.80$1.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.62$0.05$9.57$1.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $10M-$25M nonprofits