Civic Intelligence

Foundation for the Elderly Inc Technology First Alliance Inc

EIN 39-1961975 • 501(c)3 • Arden, NC

Profile

To focus on supporting veterans through the use of technology

PO Box 1155Arden, NC 28704

tech1alliance.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

61st percentile

8.0%

Higher net margin than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

86th percentile

52%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2024

Assets

Up

$11,377

Up $6,423 (+130%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$11,377

Up $8,329 (+273%) from 2022

Revenue

Up

$139,058

Up $139,058 from 2022

Expenses

Up

$127,881

Up $127,881 from 2022

Net Income

Up

$11,177

Up $11,177 from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2010: $114,091Liabilities 2010: $67,216Net Assets 2010: $46,8752010Assets 2011: $80,452Liabilities 2011: $116,671Net Assets 2011: -$36,2192011Assets 2012: $88,628Liabilities 2012: $107,978Net Assets 2012: -$19,3502012Assets 2013: $121,190Liabilities 2013: $103,478Net Assets 2013: $17,7122013Assets 2014: $34,754Liabilities 2014: $31,906Net Assets 2014: $2,8482014Assets 2015: $34,754Liabilities 2015: $31,906Net Assets 2015: $2,8482015Assets 2016: $34,754Liabilities 2016: $31,906Net Assets 2016: $2,8482016Assets 2018: $34,754Liabilities 2018: $31,906Net Assets 2018: $2,8482018Assets 2019: $34,938Liabilities 2019: $31,9062019Assets 2020: $34,954Liabilities 2020: $31,9062020Assets 2022: $4,954Liabilities 2022: $1,906Net Assets 2022: $3,0482022Assets 2024: $11,377Net Assets 2024: $11,3772024

Highlighted filing

2024

Assets$11,377
Liabilities-
Net Assets$11,377

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2010: $611,191Expenses 2010: $624,993Net Income 2010: -$13,8022010Revenue 2011: $530,553Expenses 2011: $613,647Net Income 2011: -$83,0942011Revenue 2012: $587,336Expenses 2012: $570,467Net Income 2012: $16,8692012Revenue 2013: $608,260Expenses 2013: $571,198Net Income 2013: $37,0622013Revenue 2014: $0Expenses 2014: $14,864Net Income 2014: -$14,8642014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $200Expenses 2019: $16Net Income 2019: $1842019Revenue 2020: $16Expenses 2020: $0Net Income 2020: $162020Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2024: $139,058Expenses 2024: $127,881Net Income 2024: $11,1772024

Highlighted filing

2024

Revenue$139,058
Expenses$127,881
Net Income$11,177

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 3, 2025
Return Version
2024v5.0
Gross Receipts
$139,058
Mission and Program Overview

Mission

Operation of adult family homes for individuals with developmental disabilities and mental illnesses. The organization wound down operations in 2014.

To focus on supporting veterans through the use of technology

Program Services

DescriptionGrantsExpenses
LONG-TERM SERVICES AND SUPPORTS (LTSS) FOR INDIVIDUALS WHO ARE AGING AND THOSE WITH DISABILITIES ARE UNSUSTAINABLE. THE RISING COST OF CARE, A GROWING LEVEL OF NEED, AND A DRAMATIC SHORT FALL IN DIRECT CARE STAFF UNDERSCORE THE NEED FOR A NEW MODEL OF CARE FOR THE FUTURE. OUR REIMBURSEMENT SYSTEMS AND MODELS FOR DELIVERING CARE ARE DECADES OLD. MORE AND MORE PEOPLE WANT TO RECEIVE CARE AND SUPPORT IN THEIR OWN HOME. TECHNOLOGY IS ONE OF THE TOOLS TO MEET THESE CHALLENGES, AND IT HAS BEEN PROVEN EFFECTIVE FOR ALMOST TWENTY YEARS. FUNDERS, REGULATORS, SERVICE PROVIDERS, INDIVIDUALS SUPPORTED AND THEIR LOVED ONES SEE THE VALUE THAT TECHNOLOGY ENHANCE SUPPORT CAN PROVIDE, BUT THEY DON'T KNOW HOW TO MAKE IT POSSIBLE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES L PRICEChairman-$0--
SCOTT JAEGERSecretary-$0--
WILLIAM CHAMBERSDirector-$0--
MATTHEW WRIGHTDirector-$0--
Filing and Contact Details

Filer

Filer Name
Foundation for the Elderly Inc
EIN
39-1961975
Phone
8286848441
Address
PO BOX 1155, ARDEN, NC 28704

Signing Officer

Name
Scott Jaeger
Title
Secretary
Phone
8286858441
Signed
2025-11-03
Discuss with paid preparer
Yes

Preparer

Firm
Carter P C
Address
301 COLLEGE ST STE 320, ASHEVILLE, NC 28801-2449
Preparer
Alan Toler
Phone
8282599900
Supplemental Narrative

Additional Explanations

Form 990-ez

Name change: the organization changed its name in 2022 from nucadence inc to technology first alliance inc. Due to its obtaining exemption under a group exemption letter (no 7121), the organization lists its parent organization, foundation for the elderly inc, as the top line name on form 990, per irs database status.

Form 990-ez, Part I, Line 16

Expenses bank service charges 23 taxes & licenses 208 total 231

Form 990-ez, Part I, Line 20

Net assets adjustment 200

Form 990-ez, Part III, Line 28

Long-term services and supports (ltss) for individuals who are aging and those with disabilities are unsustainable. The rising cost of care, a growing level of need, and a dramatic short fall in direct care staff underscore the need for a new model of care for the future. Our reimbursement systems and models for delivering care are decades old. More and more people want to receive care and support in their own home. Technology is one of the tools to meet these challenges, and it has been proven effective for almost twenty years. Funders, regulators, service providers, individuals supported and their loved ones see the value that technology enhance support can provide, but they don't know how to make it possible.

Raw XML Appendix128 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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