Civic Intelligence

Fortyx80 Inc

EIN 46-1691722 • 501(c)3 • Pittsburgh, PA

Profile

To catapult the growth of entrepreneurs across southwestern pennsylvania (swpa). This is accomplished by strengthening the region's entrepreneurial framework through increased access to capital, educational programming, and promoting swpa globally as a premier location for start-ups, talent, and technology.

100 S Commons Suite 172Pittsburgh, PA 15212

www.fortyx80.org

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.38x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

74th percentile

0.15x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

14th percentile

-23%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

98th percentile

$398,432

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 69.8% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

5th percentile

-58%

Faster asset growth than 5% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

54th percentile

9.4%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$528,545

Up $41,047 (+8.4%) from 2023

Liabilities

Up

$259,857

Up $150,103 (+137%) from 2023

Net Assets

Down

$268,688

Down $109,056 (-29%) from 2023

Revenue

Down

$522,054

Down $252,396 (-33%) from 2023

Expenses

Up

$631,110

Up $44,293 (+7.5%) from 2023

Net Income

Down

-$109,056

Down $296,689 (-158%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $185,940Liabilities 2015: $106,404Net Assets 2015: $79,5362015Assets 2016: $299,204Liabilities 2016: $111,043Net Assets 2016: $188,1612016Assets 2017: $89,632Liabilities 2017: $32,148Net Assets 2017: $57,4842017Assets 2018: $387,235Liabilities 2018: $46,866Net Assets 2018: $340,3692018Assets 2019: $202,037Liabilities 2019: $8,920Net Assets 2019: $193,1172019Assets 2020: $196,040Liabilities 2020: $53,826Net Assets 2020: $142,2142020Assets 2021: $287,620Liabilities 2021: $121,038Net Assets 2021: $166,5822021Assets 2022: $442,878Liabilities 2022: $252,767Net Assets 2022: $190,1112022Assets 2023: $487,498Liabilities 2023: $109,754Net Assets 2023: $377,7442023Assets 2024: $528,545Liabilities 2024: $259,857Net Assets 2024: $268,6882024

Highlighted filing

2024

Assets$528,545
Liabilities$259,857
Net Assets$268,688

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $410,371Expenses 2015: $330,835Net Income 2015: $79,5362015Revenue 2016: $344,680Expenses 2016: $236,055Net Income 2016: $108,6252016Revenue 2017: $195,335Expenses 2017: $326,012Net Income 2017: -$130,6772017Revenue 2018: $455,535Expenses 2018: $172,650Net Income 2018: $282,8852018Revenue 2019: $56,525Expenses 2019: $203,777Net Income 2019: -$147,2522019Revenue 2020: $121,984Expenses 2020: $172,887Net Income 2020: -$50,9032020Revenue 2021: $217,397Expenses 2021: $193,026Net Income 2021: $24,3712021Revenue 2022: $557,383Expenses 2022: $533,854Net Income 2022: $23,5292022Revenue 2023: $774,450Expenses 2023: $586,817Net Income 2023: $187,6332023Revenue 2024: $522,054Expenses 2024: $631,110Net Income 2024: -$109,0562024

Highlighted filing

2024

Revenue$522,054
Expenses$631,110
Net Income-$109,056

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Apr 28, 2025
Return Version
2023v6.0
Gross Receipts
$546,552
Mission and Program Overview

Mission

To catapult the growth of entrepreneurs across southwestern pennsylvania (swpa). This is accomplished by strengthening the region's entrepreneurial framework through increased access to capital, educational programming, and promoting swpa globally as a premier location for start-ups, talent, and technology.

To catapult the growth of entrepreneurs across southwestern pennsylvania.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$372,143$311,784▼ $60,359
Accounts Receivable$60,360$215,511▲ $155,151
Pledges and Grants Receivable$54,179$0▼ $54,179
Prepaid Expenses and Deferred Charges$816$1,250▲ $434
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$487,498$528,545▲ $41,047
Liabilities
Other Liabilities$16,411$211,455▲ $195,044
Deferred Revenue$65,592$36,842▼ $28,750
Accounts Payable and Accrued Expenses$27,751$11,560▼ $16,191
Total Liabilities$109,754$259,857▲ $150,103
Net Assets / Fund Balance
Net Assets With Donor Restrictions$283,300$217,889▼ $65,411
Net Assets Without Donor Restrictions$94,444$50,799▼ $43,645
Total Net Assets Fund Balance$377,744$268,688▼ $109,056
Total Liabilities and Net Assets / Fund Balance$487,498$528,545▲ $41,047

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$1,090$1,090
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maria FattoreDirector of Growth Capital UntPT$87,412$5,245$92,657

Board Members and Trustees

NameTitle
John FrielBoard Chairman
Audrey RussoPresident & CEO
Francois EstellonBoard Member
Mark KurtzrockBoard Member
Missy PaxtonBoard Member
Albert GuskyDirector of Finance
Revenue and Support

Revenue Composition

Contributions and Grants
$543,842
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-21,788
All Other Contributions
$454,884
Change in Net Assets
$-109,056

Audited Revenue Reconciliation

Revenue per Audited Statements
$522,054
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$24,499
Total Revenue per Audited Statements
$546,553
Total Revenue per Form 990
$522,054
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$330,526
Other Expenses$300,584
Total Fundraising Expense$43,715
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$99,275$28,364$14,182$141,821
Current Officers, Directors, Trustees, and Key Employees$93,731$26,780$13,391$133,902
Other Employee Benefits$22,461$6,417$3,209$32,087
Office Expenses$23,268$6,448-$29,716
Payroll Taxes$15,901$4,543$2,272$22,716
Occupancy$13,388$3,369$342$17,099
Fees for Services Other$1,239$1,239$9,234$11,712
Advertising$3,095$3,095-$6,190
Travel$2,924$2,924-$5,848
Insurance$1,503$417-$1,920
Other Expenses$842$233$0$1,075
Fees for Services Legal--$675$675
Information Technology$196$54-$250
Total Functional Expenses$471,653$115,742$43,715$631,110

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$655,609
Expenses per Audited Statements$631,110
Total Expenses per Form 990$631,110
Expenses Not Reported on Form 990$24,499
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$24,498
Fundraising Gross Income$2,710
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Redchair Gala$38,868$2,710$24,498$-21,788
Total Events$38,868$2,710$24,498$-21,788
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Ptc$203,421
Due to Phtc$8,034
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The organization's director of finance and ceo review all documents prior to filing them with the irs. The board of directors is presented the organization's prepared form 990 at the following board meeting.

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

The organization requires the conflict of interest policies to be completed each year. The conflicts are examined by management and where a conflict exists appropriate actions are taken.

Form 990, Part VI, Section B, Line 15

All the officers and directors are paid by pittsburgh technology council, a related entity. Fortyx80 and the pittsburgh technology council use an independent consultant to benchmark salary ranges. All officer and director salaries are approved by the board.

Form 990, Part VI, Section C, Line 19

Governing documents, conflicts of interest policy, and financial statements made available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Fortyx80 Inc
EIN
46-1691722
Phone
4126872700
Address
100 S COMMONS SUITE 172, PITTSBURGH, PA 15212
Doing Business As
Fka Ptc Techcelerate Inc

Signing Officer

Name
Audrey Russo
Title
President and CEO
Phone
4126872700
Signed
2025-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Audrey Russo
Formed
2012
Legal Domicile
Pa
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
3

Preparer

Firm
Cohen & Co Advisory LLC
Address
OFFICES LISTED AT, WWWCOHENCOCOM, OH 44115
Preparer
Pargat Singh
Phone
8002291099
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No process changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization recognizes and discloses uncertain tax positions in accordance with accounting principles generally accepted in the united states of america (gaap). As of and during the year ended august 31, 2024, the organization did not have a liability for unrecognized tax benefits.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses netted on 990 24,499.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses netted on 990 24,499.

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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/PrepaidExpensesDefrdChargesGrp/BOYAmt0816
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01250
IRS990/PrincipalOfficerNm0AUDREY RUSSO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SUPPORT EDUCATION AND TRAINING AT SECONDARY, VOCATIONAL AND HIGHER EDUCATION INSTITUTIONS, AND BY PROVIDING TECHNICAL ASSISTANCE AND EDUCATION SERVICES TO POTENTIAL AND EARLY STAGE ENTREPRENEURS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt064706
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0771279
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0287975
IRS990/PYOtherRevenueAmt03171
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0187633
IRS990/PYSalariesCompEmpBnftPaidAmt0298842
IRS990/PYTotalExpensesAmt0586817
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0774450
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-109056
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLENOUS - 2019 AMOUNT: $ 6,757.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0543842
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0771279
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0550788
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0217397
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0115227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02198533
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt06757
IRS990ScheduleA/OtherIncome170Grp/TotalAmt06757
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85920
IRS990ScheduleA/PublicSupportPY170Pct00.86940
IRS990ScheduleA/PublicSupportTotal170Amt01903228
IRS990ScheduleA/SubstantialContributorsTotAmt0295305
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0543842
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0771279
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0550788
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0217397
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0115227
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02198533
IRS990ScheduleA/TotalSupportAmt02215056
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt03171
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt06595
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt09766
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01090
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01090
IRS990ScheduleD/ExpensesNotReportedAmt024499
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0631110
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt024499
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0203421
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18034
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO PTC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO PHTC
IRS990ScheduleD/OtherRevenueAmt024499
IRS990ScheduleD/RevenueNotReportedAmt024499
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0522054
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECOGNIZES AND DISCLOSES UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA (GAAP). AS OF AND DURING THE YEAR ENDED AUGUST 31, 2024, THE ORGANIZATION DID NOT HAVE A LIABILITY FOR UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES NETTED ON 990 24,499.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES NETTED ON 990 24,499.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0631110
IRS990ScheduleD/TotalLiabilityAmt0211455
IRS990ScheduleD/TotalRevenuePerForm990Amt0522054
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0546553
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0655609
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt036158
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt036158
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt024498
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0REDCHAIR GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt038868
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt038868
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt02710
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt02710
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-21788
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt024498
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt024498
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0368951
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1183734
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt014789
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt19480
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt07099
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt113386
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt05400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0AUDREY RUSSO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ALBERT GUSKY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR OF FINANCE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0396239
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1206600
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S DIRECTOR OF FINANCE AND CEO REVIEW ALL DOCUMENTS PRIOR TO FILING THEM WITH THE IRS. THE BOARD OF DIRECTORS IS PRESENTED THE ORGANIZATION'S PREPARED FORM 990 AT THE FOLLOWING BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES THE CONFLICT OF INTEREST POLICIES TO BE COMPLETED EACH YEAR. THE CONFLICTS ARE EXAMINED BY MANAGEMENT AND WHERE A CONFLICT EXISTS APPROPRIATE ACTIONS ARE TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL THE OFFICERS AND DIRECTORS ARE PAID BY PITTSBURGH TECHNOLOGY COUNCIL, A RELATED ENTITY. FORTYX80 AND THE PITTSBURGH TECHNOLOGY COUNCIL USE AN INDEPENDENT CONSULTANT TO BENCHMARK SALARY RANGES. ALL OFFICER AND DIRECTOR SALARIES ARE APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO PROCESS CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19

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